Quote from: Justbillywitt on March 03, 2024, 07:00:38 PM

Quote from: smelody on March 03, 2024, 10:08:00 AM

Quote from: FinePoine0 on March 02, 2024, 06:44:36 PM

Quote from: Negotiation on March 02, 2024, 04:28:20 PM

Quote from: JayJuanGee on March 01, 2024, 07:15:54 PM

According to your post type only those who sign this forum only invest in bitcoin?.
You may be earning bitcoins weekly from this forum. But those who have other investors how will they invest?

The basic idea of the DCA method is to store bitcoins in small amounts over a long period of time. The more bitcoins an investor can purchase on a regular monthly or weekly basis, the longer his investment will last. Many people are hoarding bitcoins from a weekly source of income and will invest in bitcoins according to their income.

I think not everyone on this forum invests in Bitcoin. But it is a place from which there is much to know and understand. Must understand before starting any business and this one of the best platform where we learning about BTC and trading BTC.

In as much as you are right that every investment requires the right knowledge before venturing into it. Bitcoin doesn't require much from you in terms of knowledge. The more you are wasting time to know have more knowledge about bitcoin before investing the more you are wasting your time and if you don't have a portfolio in bitcoin you are not a holder. Provided you know which wallet to store your bitcoin and how to buy from cex or dex I think you are fine. After all you are buying for the long term, and you can know other things you wish to know along your holding period. Bitcoin doesn't require any professional knowledge before you can buy and hold.

This is one of the sensitive part that many has tend to argue with but however I have considered @jjG's suggestion of having the basics knowledge and considering factors such as:

1) stable source of income

2) methods of buying ( lump sump or dca)

3) provisional emergency, reserved and float funds and as well as taking care of your basic needs.

It is best to get started with the fundamental knowledge and learn more on your way up because wanting to know much before entering the market might probably leads to procrastination of not having Bitcoin in your portfolio because Bitcoin is still a growing world class asset.