Quote from: tjtonmoy on October 05, 2023, 06:02:21 PM

The first rule of using a machine is to know how to run it. If you have no idea on how to operate the machine, then you can do nothing. The same thing applies to everything around us, including Bitcoin learning. You need to know the concept of Bitcoin, how it works, what it was made for, what are the pros and cons of Bitcoin. You need to learn every good and bad things about Bitcoin in order to really understand what bitcoin really is.

Bitcoin was a very difficult thing for a time but nowadays it is very easy to learn about Bitcoin because Google has many articles in the local language of each country, there are YouTube videos. Now investing in Bitcoin requires a good financial status. Because Bitcoin is a currency where the probability of loss is very low if one can hold it for a long time. So since the profit is sure, investing in Bitcoin does not require much knowledge. However, since Bitcoin is completely internet based, it is necessary to know the process of storing it securely and about a secure wallet.

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People these days only join Bitcoin for making money. They invest in Bitcoin without knowing nothing about it. They may have heard that they can make money by investing in Bitcoin and that's why they are here. Not all of them, but most of them are. And this is very bad for the Bitcoin ecosystem. These people are the ones who will make a loss in Bitcoin investment for not knowing enough and then go on and say that Bitcoin is a scam. So yeah, having knowledge about what you are dealing with is always the best way to approach anything.

Bitcoin is definitely a good way to make money and that is why people are so hyped about Bitcoin. People believe about Bitcoin that it can give profit but many people think that Bitcoin can give quick profit which is why they don't think about holding it. And after investing they panic to sell quickly and that's why they face losses and all these people spread negative messages about Bitcoin. Bitcoin doesn't care about these negative messages. Because it is completely decentralized and no one can control it. Therefore, it is not possible to change its price at will