Quote from: Agbamoni on Today at 01:37:17 PM

Quote from: JayJuanGee on July 08, 2024, 11:07:55 PM

I surely am not saying that either, since one of the main things that I tend to say is get the fuck started investing into BTC as soon as possible.. You can figure out your various details as you go, and yeah, surely some people get started and they hardly put any effort into learning about the thing that they are investing into and that is likely their problem, but even though people might be looking for easy fixes, I surely am not backing off of my suggestions regarding getting started ASAP...and hopefully the fact that you are investing into something (like bitcoin) will motivate you to learn about it and to figure out your cash management so that you do not get overly reckt.

You are very correct here. I respect and admire the fact that you are encouraging people to start investing in something you believe in like Bitcoin, and you have not just encouraged them but have told them to reality truth, which is the downside if there is no proper preparation. It is important to gain basic knowledge about Bitcoin, risk management, and investment strategies before starting a Bitcoin investment. What I can contribute to what you have said so far is that anyone starting (newbies) should start with a small amount they can manage while they continue to learn if they are in haste. This will allow them to gain experience and make informed decisions as their knowledge grows. Also, this can apply to the rich ones. Even if they have more than enough to start the knowledge is important if not, they will lose all their money in the investment.

Newbies can learn at their own comfortable time and not with haste as long as they have started their bitcoin investment. Getting started is the most important thing and learning can be done gradually when they have the rime to learn since they are investing and hodli in a long period of time, whatever they feel is important for them to know can be learnt during time duration. I want to also add that after they have started with little amount in the beginning as time passes by and their knowledge is increasing, they should also increase the amount of money that they are using to invest because their faith in bitcoin is strong that will help them acquire more bitcoin faster.