In our today world, making money is easier in the crypto space, you don't really need vigorous knowledge to venture into it, all you need is elementary knowledge of it and your phone. You can start with or without money, you just have to choose whether to be a Trader or Miner.
It's not easy as you're saying it especially, when referring to crypto space. The crypto space can be a real jungle with so many different cryptocurrencies out there, when it comes to trading and mining Picking the wrong ones can indeed lead to losses. Bitcoin i know can be a very nice option, but trading and mining bitcoin its not what you master overnight
It requires deeper understanding than just having elementary knowledge, unlike Bitcoin investment that you buy and hold for long term.
Mining Bitcoin is like digging for digital gold. Miners use powerful computers to solve complex mathematical problems that validate and secure transactions on the Bitcoin network. When a miner successfully solves a problem they add a new block to the blockchain. This process helps maintain the integrity of the network and ensures transactions are legitimate It's a competitive process, and miners need specialized hardware and a lot of computater power to be successful.
Trading Bitcoin is definitely a challenging task that takes time and effort to master. Understanding market dynamics (analysis,techniques and market's trends) and making informed decisions are important to avoid potential losses. It's not what you go into with elementary knowledge.
Trading and mining crypto are not easy as we see it, they demand a good amount of information and knowledge to succeed unlike investing in Bitcoin for the long term by buying and holding for potential profits.