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 .

If someone is ready to do something, even though the person is not aware of how the things are being done on time, he/she will be able to gather his/her own knowledge because along the line when he's doing what he/she is doing, that's the process he starts learning.

Let's take this forum for an instance. If a newbie registers on the forum and he hasn't made any posts, he/she won't know how the forum works (unless he/she does something). So I have learned that once it comes to Bitcoin investment, without making an attempt to start something, you willn't be able to understand how Bitcoin works. Now for a better start, it's good to get started now than ever. Besides, if one is waiting to get Bitcoin investment knowledge before investing more, more opportunities will pass and it will be very hard for those opportunities to come back. Now let's also take this for instance, when Bitcoin was @$50k months back and someone who was interested in investing in Bitcoin was learning instead of investing alongside learning. Now, those times, Bitcoin was @50k has passed, and the person has missed the opportunity to buy when BTC was $50k and now, Bitcoin is in the range of $69k and $70k. So, this is also a good example that every minute is the perfect time to start investing in Bitcoin.

Quote from: Mayor of ogba on Today at 03:14:43 PM

You need basic knowledge about bitcoin so that it will guide your bitcoin investment to success. If you invest in bitcoin without having any knowledge about it, you will not know that you are supposed to make provisions for reserve funds for at least three months that will help you solve your unforeseen problems in the future.

Well, no doubt that you need to get the knowledge of investment, but here is where you get it wrong. If you are interested in investing in Bitcoin and you do not have any knowledge of Bitcoin, the first piece of knowledge you can get is when you have clicked on the buy button. Acquiring knowledge by buying Bitcoin is a gradual process and you can't rush it. As time goes on, you will learn more, especially when Bitcoin is going up and down and during your accumulation process.