Quote from: Mayor of ogba on Today at 10:23:38 AM

Quote from: Roseline492 on November 20, 2023, 01:54:29 PM

Quote from: Litzki1990 on November 20, 2023, 03:14:28 AM

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Actually in as much as I will agree with you on the importance of learning but I will also have to disagree with you on the aspect you mentioned that investment on Bitcoin requires a lot of learning, on the contrary the little I understand from Bitcoin investment is that we don't need too much learning about Bitcoin before we could start investment but however is mostly required to have a basic knowledge about Bitcoin investment after then you can start investing.

Because if serious learning was much involved most beginners would have find it difficult to invest, don't get me wrong because I'm not disputing the fact that learning is not important but the point I'm only trying to state is that Bitcoin doesn't involve much of learning, all you only need is just the basic then you are good to start.

I agree with you that Bitcoin does not require much learning before one can start a Bitcoin investment. Once newbies have the basic knowledge of Bitcoin and also understand that Bitcoin is not a get-rich-quickly scheme, that it is a long-term hold for like 4-5 years before the real profit will come. I think when newbies know these basic things about Bitcoin, whenever they are ready to invest in Bitcoin they will use the money they will not need soon to invest in Bitcoin with the DCA strategy because they know Bitcoin is a long-term hodl. They can continue to learn about Bitcoin after they have made their investment in Bitcoin.

It doesn't require much of learning as you said but the little learning as framed by you is quite deeper and wider that it seems. lol, you will only understand when you are already investing. The sentence/or statement that is in bold, is quite confusing or contradict what it is intended to hold, it should either be rephrased to give it's meaning or be clarified because if anyone understand that Bitcoin is not a get rich quick scheme rather a long-term holding investment they can get involved with the DCA method of accumulation if they can't afford to buy larger scale. Even what you consider as long term investment is quite not long enough as discussed in the earliest part of this thread, if you read through you will find out that it is more a good long-term investment when hold for a period of 10-20 years and above.

Quote from: Popkon6 on Today at 03:58:08 AM

Quote from: Fauderz on November 20, 2023, 11:47:43 PM

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How can you be motivated to invest in Bitcoin if you don't know about Bitcoin investing? Don't you know that the more experienced you are with Bitcoin the more successful you are. Because you don't know what to do about Bitcoin? There are ideas. Because of course our education about bitcoin is very important because if I don't have knowledge about bitcoin then investment is definitely ricks. Only after knowing the information should we awaken our ability to take risks, and invest in Bitcoin to the best of our ability as we move forward into the future. So I definitely prioritize learning about Bitcoin and gaining knowledge about investing.

From what I observed in this conversation the the misunderstanding between you and and the quoted @Fauderz is hanged around hitting the nail at the head, he/she in his/her definite understanding is trying not to dispute the fact that no knowledge is a waste rather learning and practicing is the real learning. permit me to say that your arguments here is kinda blind but you know what exactly you want to say but the skill of putting it in the right direction is what you lack here. when you made mention of the word (Experience) I believe you know the true meaning or you just use the word without a deep understanding of it, Cuz if you say experience you must put learning and practicing that makes up experience which is what the quoted was really implying but you either do not understand or do not want to understand either ways. For anyone to be well acquainted with the knowledge of Bitcoin and it's investment he/she must have put in to practice what has been learnt and this process is what brings experience or should I say it is the experience itself. so your conclusion that you prioritize learning about Bitcoin and gaining knowledge about investment is vague and not properly justified. the knowledge which you admire to gain in Bitcoin investment is majorly and/or solely dependant on practicing which is absolutely investing and leaning at the same time.