Quote from: doomloop on Today at 04:39:23 AM

Quote from: |MINER| on May 15, 2024, 06:11:22 PM

Quote from: Plan well on May 08, 2024, 11:41:11 PM

As on my own opinion alot of newbies have fallen in to hand of scammers because of their insufficient knowledge about Bitcoin so therefore it take a high risk to make an investment when you yet to understand the Bitcoin investment to avoid been scammed of your hard earnings
Take your time learn and implement before you inter market or make any investment as a newbie

I will not going to suggest any newbie to invest in crypto before learning because cryptocurrency trading is high risky, you can loss you all fund if you invest with out proper knowledge. Because even then if you want to invest on bitcoin long-term you have know at least the basic about it .

I completely agree with that.

Even if someone knows that Bitcoin is a great investment asset and most people who invest in it for the long-term tend to gain profit from it, it is still important for them to do their research and understand the basics of how things work around it and what steps they are supposed to take before or after investing in it.

Knowledge gives a person more power to conquer things they might not be able to conquer without it, so it's better if our focus stays on gaining as much knowledge as possible before we get into anything, and when we talk about financial markets, it becomes a necessity for us to have a lot of knowledge about the market and the assets in it.

You're absolutely right knowledge is required in all aspects of life, if you don't have knowledge there's no way you're going to carry out your investment plans, because you don't know how the market work's. However is always good to acquire enough knowledge before looking into crypto investment, because in this crypto space enough knowledge is required mostly when it has to do with meme and altcoins investment, you need to understand how the market works before looking out to invest in this coins.