yeah they should be considering
these 9 factors, yet even if they don't really know all of the answers the 9 factors, it does not mean that they should wait in terms of getting started right away..
I did not know the answers to some of the questions or factors in that thread, but I have been accumulating BTC for over a 1 year now. So this proves, that taking one step is a necessary thing toward leaning new things, On the way I did learn a lot of things and made some mistakes as well, and in the future will make too, but learn new things also.
Everyone should be able to know the basics of his own finances, and of course the more that you invest into something like bitcoin, and if you want to attempt to be aggressive in your bitcoin, investment, then you are going to need to get in touch with learning better each of the 9 factors - each one has several subcomponents that we can build in any direction yet at the same time, we might not necessarily know some of the various facets and maybe how much we have analyzed them.
Some people don't want to analyze anything and claim to just shoot from their feelings or their intuitions, so yeah, there might be some folks who don't consider themselves to be analyzing, but they still are likely to have knowledge regarding where they are at in regards to the 9 factors and some of the ways that the 9 factors can by micro-analyzed...
And for sure, don't get me wrong about knowing the 9 factors since I suggest that it is better to just get involved and get started in bitcoin as soon as possible, and you can figure out where you personally sit with each of the 9 factors as you go, and with the passage of time.
The first thing that I recommend people getting right is to understand that BTC is BTC and nothing else. When the first shit coin hype broke out in 2017, everyone thought they have literally mastered
these 9 factors, but the truth is that firstly you could pick any of the coins and it went up, and secondly most of them lost money short-term, mid-term and long-term. I assume that most of the fools from back then learned the lesson that BTC can make you lose money short-term, is unlikely to make you lose money mid-term, and history has proven that none of the people who invested at any point in time during the last 1.5 decades have lost a dime.
This is really the first thing to get right and I mention this because people often talk about bitcoin as a placeholder for any coin on coinmarketcap. Sometimes people ask me whether they should invest in BTC and I am holding back because I generally don't like giving investment advice when I am not entirely sure how people will use my words to put their money into BTC. So what I say is "if you say you want to invest in BTC,
then invest in BTC, not X-coin, Y-coin or Z-coin or Dogecoin, or ShibaInu (or what its name is...).
I have had several conversations where people bashed BTC, but it turned out that only a portion of their investment was BTC. This is a very common experience and it's bad because some of them do indeed the 9 principle individual factors right and they are well educated, sometimes hold a degree in finance, but they have so little clue and greed still plays a role that they decide to split their portfolios such that 10% is BTC and 90% are shit coins. Like serious shit coins. If someone tells me they buy Monero for a reason, I understand that. I hold some Monero and I think it has its place. But the vast majority has no place in the industry. Now as long as someone does have a reasonable explanation (other than greed and the hope for 1000x) as to why they picked a certain coin, well, I couldn't care less then. But I do still get to hear from people that they want this thing called BTC, but instead they spread the money all over the place in coins I haven't even heard of before and then when the next correction is inbound, the portfolio is stuck, if not dead.
There is too much gambling, so I know you wrote your guide "
9 principle individual factors" exclusively for BTC, but perhaps I would add one more principle and put it first, which should be called "BTC is BTC, and nothing else". If people study BTC and would get the idea behind it right, all the characteristics and core principles, they would better understand why BTC has a unique position in the industry and why it is the real cryptocurrency that is by far the least likely to fail ever. Afterwards, getting an investment plan right is essentially the perfect plan. Not getting BTC right in the sense that BTC is only BTC, could nullify the most sophisticated investment plans.