I became more interesting on this topic when my friend hard about the profit on trading and investing on bitcoins.without the ideas or knowledge about it. because he only hard that, there are high profit on investing on Bitcoin. without knowing how Bitcoin is been trade. he went and sold his property to invest on Bitcoin without been knowledgeable about it. he went ahead and invest but loss everything because he doesn't know how to trade Bitcoin.
He came and told me everything. i feel pity on him, and started teaching him how Bitcoin is been trade and invest. He was very serious to lean and now his happy and his doing very well. in every business or investment you are in backing on, I think you need to lean and be knowledgeable about it before you invest on it.
If you have lack of knowledge, and you invest blindly in Bitcoin, of course, you will lose money. Even if you do not trade with crypto, still if you buy bitcoin near its all time high, then you will be carrying the bag of bitcoin for the next cycle and you may have to wait for a few years before the price return to your buying price. Most of these inexperienced persons will sell their bitcoins in the loss and later claim that they have lost money because of investment in Bitcoin.
Some people may be lucky if they blindly invest in bitcoin, and the bitcoin is near its low price and they will gain profit but it is better to first learn about bitcoin and then invest in it.