Quote from: Mia Chloe on Today at 05:33:42 AM

Actually I don't think this is the actual scenario in real life especially when It comes to trading, experience is I very vital however based on the topic about hodling, Hodling Bitcoin does not require and form of skill or experience except for the fact that one needs to understand his security properly to prevent losses due to hacks or scam.

I think it is important to have enough understanding and knowledge about Bitcoin to hold Bitcoins as well. I assume you will only hold your investment but if you don't have the minimum knowledge required to invest then how to start your investment and how to hold your investment. Investing in Bitcoin and holding that investment is as easy as we think but actually holding an investment in Bitcoin is not that easy.

I have a friend who always tries to learn about bitcoin from me and I always try to tell him about bitcoin. He knows that I have investments in Bitcoin and he is very excited about the growth of the Bitcoin market for some time because he will invest and he expects to make a profit from the investment. So I asked him if you want to invest like me and want to make profit by investing then you answer me one question that how much you know about Bitcoin and you only think about profit by investing in Bitcoin do you know your money loss after investment may be In answer to my question, my friend told me that since you have made a profit by investing, I can also make a profit by investing.

Now my question to you my friend should be involved with bitcoin so fast. I think the answer will be negative because you are an investor so you will understand that my friend only thought about making money but whenever his investment shows a small loss due to some volatility in the market he cannot accept it. How can he maintain his investment for long if he is so broke or unable to accept his losses in the initial stage.
I have given a big example to illustrate a small point so that it is clear to you that there is a need to know and learn about investing even for holding.