Most newbies don’t really have proper knowledge about bitcoin before they jump into it which is very wrong, that’s why they mostly lose, and some scammers brainwash them because they can easily be scammed. We shouldn’t be in a rush to invest in bitcoin, we should rather be in a rush to accumulate more knowledge, because if you are in a rush to invest, then you might end up losing at the end, which is equal to not investing at all, because what’s the point of investing if you still end up losing your investment?
Seeking knowledge before engaging in anything is very important so you get to know the in depth details of it and that way it will be difficult to get scammed. It is important to seek at least basic knowledge before investing and understanding how investments work but taking too long to invest could make someone miss out on certain opportunities of making some profit so since investing is not too risky and doesn’t really require doing any serious thing other than buying and holding I don’t think there is any reason to delay investing once you know how to manage and secure your wallet and have your investment plan setup. You can accumulate bitcoin and still improve your knowledge gradually just as everyone is doing here because there is no end to knowledge and there will always be new things to learn.
One beauty about bitcoin is that one don't need any complex or technical knowledge before investing in it. Like trading for instance one have to go through alot of searching and training learning all such way to run technical analysis. But bitcoin investing with the basic knowledge one is ready to start his bitcoin journey. Bitcoin investment ain't something one should approach with procastinating, because it may only lead to one missing alot of opportunities in bitcoin.
I couldn't agree more with you, this is true in any field that requires knowledge. Because you can never do the right thing if you don't have the knowledge, Bitcoin investment is a very sensitive subject. Because it is most important to have enough knowledge about how you invest and how to follow the DCA method. Many buy dips in DCA method and many individuals invest in DCA method. Therefore, it is most important to research investment strategies, and the more knowledge you gain, the higher your chances of success. You note that acquiring knowledge is never a loss but the more the knowledge increases the more successful the person is.
Yeah security also play a vital role when it comes to Bitcoin, that's why noncustodial wallet is the best to hold your bitcoin.
Wallets are generally of two types, software wallets and hardware wallets. Especially those who use software wallets and the most powerful among software wallets is Treasure Wallet, Electrum Wallet, these wallets are very safe and affordable.