Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Knowledge vs hodlings
by
SOKO-DEKE
on 06/10/2023, 19:26:51 UTC
⭐ Merited by JayJuanGee (1)

so newbies out there do not rush into buying Bitcoin without first understanding  Bitcoin which can even be done by engaging in important discussions on the forum expecially those of experts and experienced investors. remember knowledge is power.

Yes, knowledge is power, but that doesn't mean someone should know everything before they can invest in Bitcoin. Knowledge is a gradual process because someone can't know everything. If someone is waiting for time to know almost everything about Bitcoin and cryptocurrency, they may miss some opportunities, but the best idea for newbies is to have the basic knowledge about Bitcoin and cryptocurrency in general, like knowing the risks involved in bitcoin, knowing where to purchase bitcoin, and also knowing proper wallets to keep the bitcoin so it can have proper security for their investment. With that, newbies can start their Bitcoin investment journey. Sofar is not trading that newbies want to get involved in themselves, I think some basic knowledge is okay to start up a Bitcoin journey.