What I meant by newbies should do some research is that some newbies lack basic knowledge about bitcoin. If they don’t accumulate knowledge about bitcoin before investing, some might end up losing their investment because they don’t know the appropriate wallet to use in storing their bitcoin, they don’t know how to secure their private key, some don’t even know reputable places to get bitcoin from and other basic things which they should know. Some newbies just see some advertisements about bitcoin on social media, and they will pick interest in it, and we all know we are not supposed to trust or follow most of the videos we see on social media because some of them are scammers. That’s why I do recommend that newbies do research before investing.
If they invest first before doing research, before they get to understand something’s, it might already be late. Some newbies might see some Ponzi scheme that will require people to deposit bitcoin on a particular site as an investment. A newbie without knowledge might end up falling for tricks like this.
Honestly I started my bitcoin accumulation journey without having much knowledge on how bitcoin work and stuff, aslong I know the right wallet to store bitcoin is a non custodial wallet I started my accumulating journey but as time goes on I started learning new things on how bitcoin work and how to hold and secure a smooth investment and buy the Dip and HODL thread help me alot in that aspects, what am trying to say is that one don't have to waste time going for knowledge first when it comes to bitcoin aslong he or she know the right wallet to use and how to purchase bitcoin via exchanges he or she is good to go and as time goes they may decide to focus on gaining more knowledge while they accumulate and hodl Bitcoin.
So that one won't endup regretting why he or she didn't start accumulating on time .
Majority of us start like that since everything just start out of curiosity. But what good thing is we do a research that's why for so many years we survive and still here since there are lot more to acquire especially bitcoin potential to increase more still there.
Starters are so lucky now since they have a lot of available data for them to learn bitcoin investment in nice way. Compare to OG's before where information is limited, that's why they should take advantage on everything they could read since the experience shared by people is really good basis for them to learn the positive sides and other possible risk that they might get for investing on bitcoin. For sure they could figure out their the beauty of holding bitcoin since provably they can get more realistic gain than participating on any risky activities.