Quote from: Roseline492 on November 13, 2023, 09:48:27 PM

Quote from: Hewlet on November 13, 2023, 04:53:49 PM

Quote from: adultcrypto on November 12, 2023, 07:27:35 AM

It is important we make this clarification so that new people going through this discussion will not think that investing in Bitcoin is that complicated because it isn't. It is more of a mentality something after the financial aspect have been taken care of. By mentality, I'm referring to the ability to invest without fear, greed and the resolve to give the investment time to yield profits.

to be really frank, when I use to hear about bitcoin before joining the forum, there used to be this feeling of complexity attached to it and I never knew it's a simple thing that doesn't really involve much complex analysis before one can invest into bitcoin. I guess that's possibly the reason why some persons are afraid to invest in bitcoin because they look at it as one complex stuff that they will needd to take a whole bunch of time studying before they can get the basic knowledge that will guarantee proper investment

Yeah you are right most people had the same thinking or believe that the complexity of Bitcoin is too much, because just like you said even me I once had that feeling but it was when I finally venture into Bitcoin accumulation then I realized that investing on Bitcoin doesn't need much knowledge but instead all that's needed is just a little basis knowledge of it, at least just to know what you are in for.

So I agree with you because most people that have not really venture into Bitcoin always feel that the complexity of Bitcoin is too much that they could find it very difficult to understand, because I have actually meet someone that wants to invest on Bitcoin but was afraid of the complexity involves on Bitcoin, so I was able to prove to him that he doesn't need much knowledge before starting to invest on Bitcoin since is for holding.

You have done well in going deep to talk to your friend who wanted to invest in Bitcoin but find it too complex. In as much you spoke about no need of having much but they should be aware of the risk involved because it is an investment and as well, they should know about their investment approach. Only a well approached investment can yield good result.

Every successful investor you see today followed a well detailed approach investing to achieving the level of success they are today. Choosing a strategy is not that difficult or complex as well it's just for them to understand each strategy and how it works. Know the pros and cons and they are good to go.