What about those people that has full understanding about there finance and also has a discretionary income. the knowledge of Bitcoin is different from that of finance, you can be a beginner (newbie) but have all knowledge about financial management.
So if such person's are going into Bitcoin investment all they need to know is how to invest and how Bitcoin works.
I agree with you and I believe having knowledge of self custody is very important and yet knowledge of self-custody is not a prerequisite in terms of getting into bitcoin you are very correct.
While I agree to you in most of what you've said but learning how to invest in Bitcoin isn't just all about how to invest and how Bitcoin works. There's so much they need to learn but I don't want to complicate it because they'd come by to that once they're already in. Like how to protect themselves from potential scams and phishing, so knowing the volatility of Bitcoin which is included on how BTC works but all of those will be learned by the newbies once they have allotted money on BTC already.
Well that only imply if you try to invest on short term since you really need to consider those risk and learn from it. But erase those thoughts regarding on those phising and scams since we are not talking about that matter here. What's best to discuss is on how those newbies can make their investment plan to succeed especially on the methods they should use since there's really a lot of information to learn here.
It does makes sense to include security in the discussion as per the newbies. Most of the people that are asking for help were the newbies when they have been hacked, phished and scammed. So, it's essential for someone who is investing on Bitcoin to know how to avoid those potential threat to their investment. Yes, we all want everyone to succeed but it's not going to be enough if you only know how to invest but you should also know how to spot those scams and other malicious threats that might steal your asset.
What those people need to know that short term investment bring more higher risk to them than investing on bitcoin for long term that's why they should focus on things that can actually give them high chance to earn. And in process they should consider to learn certain flaws that can affect their investment decision so that they could earn success and they will not get easily bother by anything that might happen in future. Its interesting to see that now there's a lot of people is engaging with this hodl discussions since we can learn a lot of knowledge coming from multiple source that can help us became more better investor.
I bold the part about how many are falling for scams. Because of the thought that are given to them about aiming to earn with high chance. Well no doubt doing it on Bitcoin gives them that but if they're going to focus on it, they might just land to the scamming tactics of cons.