Whether you are an investor or a trader, when entering the market, always prepare yourself with complete knowledge because knowledge is the only path that leads us to success. Knowledge is never useless, the more knowledge you have, the more opportunities you have to succeed.
Yeah you are right knowledge is very essential at least every trader needs the theoretical or pratical understanding about trading before venturing into, but in most cases people disregard knowledge because of greed which always turns out bad, but to evaluation victims, is mostly the beginners that always fall victim because of
ignorance, every successful traders undergone processes of learning and acquiring knowledge to no the concept, Technical and fundamental analysis of the market before going in to trade, and perhaps knowledge doesn't only required on trading but on our daily life's we need knowledge for business, accumulation and holding in fact in all our day to day activities.
, this should be slightly replaced with Stupidity at some point. The fact of hearing about Bitcoin from different medias or from a close relationship should not motivate a person to involve him self where else he/she knows nothing about it. He/She does not know how it operates, How to buy, When to sell and Where to store funds, it is actually going to turn out bad. A well knowledgeable person who is interested to learn and get acquainted with Bitcoin currency should create room for proper understanding before diving into trading or doing Bitcoin.