Quote from: synchronym on Today at 04:01:59 PM

Quote from: wmaurik on Today at 10:59:01 AM

Quote from: Obim34 on July 10, 2024, 08:22:29 PM

On the list, learning is very much important other than having the experience, at some disadvantageous situation one should prefer not experiencing something but instead learn from other people experience. Same way I would advise anyone entering into Bitcoin to first ascertain the basic knowledge that will enable him to maximize and secure his investment instead of ignorantly investing funds into Bitcoin and lose funds due to lack of certain knowledge.

The advice you say sounds quite reasonable because every new person who wants to become a Bitcoin investor must be based on knowledge so that at least they can know how to store Bitcoin in their own personal wallet very well. Because everyone will definitely be blind and can even fall in the wrong direction if they are not guided by the basic knowledge that must be in their own heads. And from this I think it would not be wrong for anyone to follow people who have been successful through Bitcoin and also people who have had enough experience through Bitcoin investment because this is also part of making ourselves successful in a particular field.

Of course I agree with you because firstly those who are new to bitcoin investment must acquire enough knowledge before investing. So those who are new to Bitcoin investment must invest carefully so that they don't lose their entire money due to any wrong decision. Many times people who are new to Bitcoin investing rush into investing too much and end up losing more than they gain in their haste. Bitcoin always gives us a plan. If we can invest with a long-term plan and check the market, we can certainly do a lot of success in Bitcoin investment. Many times we get a little too hasty or lose patience so we always have to work with patience so that we succeed in the purpose we invest in Bitcoin.

I don't think that it is necessary for a brand new investor that wants to start his bitcoin journey to waste his time by having a proper knowledge of bitcoin.