Quote from: Blitzboy on October 06, 2023, 05:24:36 AM

Quote from: Mate2237 on October 05, 2023, 10:10:40 PM

Because of the lack of knowledge to invest in bitcoin make bitcoin not for everyone. Because before you invest, you must have the technical know how of the technology so that you will be galant in whatever comes or challenges. And that is why when people are saying that bitcoin is for everyone, I only believed that those guys do not really understand bitcoin, and I don't want to say something on the other threads but what the op here had said made it clear that to invest in bitcoin you must have the "basic knowledge" and which is the most important part in bitcoin investment and those who has no knowledge on bitcoin can't involved themselves in this new technology. Even in the forum, those who are not good in bitcoin, writing and contributing to meaningful knowledge can't join it because they have nothing to offer. I am also on the school of thought that bitcoin is not for everyone because because bitcoin is limited to some group of people. Children, old age, and the blind are not meant to use bitcoin though someone can use it for them but it themselves. All those early users of bitcoin who sold it because of fear lack the knowledge of bitcoin and sold them off for the fear of losing.

This your thread too is also the category of those first experienced of bitcoin. And forum is the best place to learn anything concerning of bitcoin. Joining this forum helps one to prevent being scammed. And other things to learn in the forum. All what you need to do is patient and reading.

Absolutely, investing in Bitcoin requires a degree of knowledge, and you've hit the nail on the head in noting that it's not for everyone. But let’s spin this yarn another way, shall we? I'd argue that while technical know-how is beneficial, you don't necessarily have to be a blockchain engineer to invest wisely in Bitcoin. It’s like driving a car; you don’t need to be a mechanic to drive safely and efficiently. It’s important to understand the basics, of course, but the nitty-gritty technical details? Perhaps not essential for everyone.

Your point about the forum being a great place to learn is spot on, yet it doesn't mean that newcomers, who may lack profound knowledge in Bitcoin, have nothing to offer. Fresh perspectives, new questions, and novel ideas often come from those not deeply entrenched in the current ways of thinking. If we restrict Bitcoin to those with pre-existing knowledge, are we stifling its potential for mass adoption? Just something to chew on.

Simply exquisite mate, your explanation and break down of this is quite interesting but that's the truth about being an bitcoin investor and I can take myself for an example on this because till date I can bet that I don't still know the whole technical aspects of bitcoin but that doesn't mean it prevented me from investing or it even stopped me from trying to make an investment in bitcoin. I literally was amuse by the curiosity that bitcoin brought to me and used that energy to actually follow up to learn the basics which I know is what I will be needing plus a strong idea, idea and principle to follow up with me having bitcoin because you as an investor without a plan is totally nonsense because you might end up scattering everything about your actual targets but that's even of course you have one.

note:: technical knowledge is still very important but like you said isn't really a major at first if want to practically invest in bitcoin