Post
Topic
Board Bitcoin Discussion
Re: Knowledge vs hodlings
by
Bebe22
on 18/09/2023, 08:48:34 UTC
Is Bitcoin hodling more important? well I have read a couple of post which always talk about owning Bitcoins which is definitely a good idea especially as someone in the crypto space however will hodling Bitcoin be important without proper understanding of Bitcoin and the crypto space? Of course not.

Now my point is Bitcoin can always be owned as well the knowledge can also be gotten how ever it is of optimum importance to first understand Bitcoin  because;
To be honest OP, I get what you're saying "Knowledge is power, don't rush, make sure you know very much what you're doing before you do it"... but I think the title of your post should have been " knowledge before hodling " perhaps, or something of that sought cause, your title suggests that we should pick one and leave the other, but they both go hand in hand and are both important.
Knowledge about investments, in fact about anything generally is key, but there's something way more important and that's action. Of what use is my knowledge I can't use it properly. And to tell you the truth I'd prefer learning in the fields (i.e. by acting and correcting myself) than actually just sitting down somewhere learning and learning. Experience teaches best.
And for those who are rushing into buying Bitcoins cause of FOMO and other reasons, I personally think it takes courage and guts to do that and that's where the real knowledge lies. Think about it ... I'm doing it, you're talking about it, and you haven't carried out any experiments,  meanwhile,  I have my theory. There's a huge difference between the both of us.
So yh, both knowledge and hodling are important (i.e.Learning and doing).