Re: Buy the DIP, and HODL!

Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount...
Hmm, I get the point now.

Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.

Exactly now you get the point.... it will be very stupid to wait and learn when the price of What you're learning keeps appreciating day by day.
Once you're determined then the investment should started ASAP without any further delay and the best strategy beginners could use without even knowing anything about bitcoin is the DCA strategy , its simple and straightforward ...
Besides, learning to me is a continuous process which might even take forever so waiting to learn before investing when you think you know it all Cheesy

( that person must be a clown) is so dumb, although as a beginner you need to know some basics like choosing a wallet and keeping it keys safe( that can be learnt in just a day), he/she will be holding there's no need for getting too much In learning about the technicals as a beginner although understanding how transaction works while you invest could be a great idea so you won't get your self stucked up with alot of inputs on the long run, focusing on your DCA strategy will be the greatest advice for beginners too even when they already learn other strategies, a time will come when there will be a need for other strategies which is definitely not at the beginning of ones investment .

Sometimes too much in strategy will make beginners confused in carrying out their investments. I believe beginners need a basic foundation to carry out their strategic planning better and achieve the targets they want. The big difference may be in terms of knowledge about Bitcoin, which means beginners may need an approach to see the big cycles that Bitcoin has gone through. Yes, basically beginners can start with the DCA Strategy if they are not able to think about the distribution of funds for several other strategy practices.

Even though investment success is triggered by individual self-confidence, in Bitcoin investment you must be able to know more about Bitcoin and why you are interested in buying and holding it. Sometimes people out there are still quite unfamiliar with Bitcoin and they don't understand enough and this is where an approach is needed for those who are really beginners in investing in Bitcoin.

In essence, we are in the modern era and Bitcoin has the advantage of being a very promising investment for old age. Apart from that, the price of Bitcoin is very fluctuating and use it cold money that is ready to lose. I mean you don't have to worry if the price drops very deeply because you really don't need the money you invest in Bitcoin for other purposes in your life.

They will only get confused if they don't fully understand what they are trying to learn. But if they could able to have focus on certain things that need to take care first like learning on how to execute well the DCA method then after they learn that they jump on technical aspects on bitcoin movement then for sure everything will be aligned according to the efforts and planned they do.

If they don't fully understand bitcoin and how it move due to market volatility then maybe they should not jump on the idea that its time for them to invest since they are so very raw and they need to learn more first since they have huge chance to get affected for certain unexpected movement which it can affect their decision making.

Bitcoin is really promising and there's no other coin that offer the same which also we can rely on that's why its better for people to understand first the methods they want to use so there will be no problem will happen in long run of their investment.