Questions like this has popped out in several occasions and arguments concerning Bitcoin investment. My friends will say you must lose before you gain or rather have more experience investing in Bitcoin. If its how it work, Bitcoin isn't for a low income earner as well as not gonna make you rich when you can't invest something tangible to it. On the other hand people are been made big and wealthy in same program. What does it in tell, cos am quite sure people had already known what's going to happen in the market in the nearest future to give them the strong mindset to invest porously. My biggest fear is losing my hard earn to something as volatile, vulnerable and uncertain as btc. What's the possibility you invest without losing. Is it guaranteed in this kinda market?
Just like any other investment, knowledge of crypto is important before diving into it. Do you close your eyes and drive and expect to drive safely without accident. Pretty simple answer... Just at present BTC is trading above $50k and if you are a novice and just enter the market without DYOR, there is a possibility that the market may dump on you if any major retracement should happen hence proper study is needed. However if you hold on tight even when the market retrace, you will definitely be bullish later if your investment is in Bitcoin and not some shitcoins