Quote from: Mame89 on Today at 01:38:42 PM

Quote from: Jewan420 on August 16, 2024, 05:15:33 PM

First of all it doesn't take much knowledge to start investing in Bitcoin. Gaining knowledge can be essential to prolong and secure your investment. Secondly, one of the fundamental main points of investment is the source of income. If you have no source of income then I think there is no need for you to invest. I don't think anyone would suggest investing if you have no source of income, there is no question of investing with debt. This may be an act of sheer folly. To invest you must first have a source of income, which is surplus after meeting your and your family's needs or an alternative source of income.

Yes, that's right. To start investing in bitcoin, you don't actually need complicated knowledge, we just need to deepen our knowledge about wallet security. Because bitcoin has been proven to be the safest investment for the long term. So we don't need to keep staring at the computer to see the market every day, because bitcoin has a cycle that can be a benchmark for us to hold it for how long to make a profit.

But in my opinion, in investing in bitcoin, besides having to have an income, we must also have a mentality and trust in bitcoin. Because this is important when the price is fluctuating which will disrupt our psychology so that panic occurs. So, indeed to start investing in bitcoin you don't need a lot of knowledge, but learning to be able to control your emotions is also much more important.

that's what beginners have a hard time having. there are still doubts for beginners and that makes them very easy to panic when facing the market.
capital they may have, basic knowledge may be learned. but the experience that makes the beginner's mentality believe that Bitcoin investment cannot be simply owned. because currently, more beginners think about profit only, they do not know the process to achieve investment success requires understanding and hard work.