The basic knowledge is enough for someone to start investing in Bitcoin once their sources of information are reliable. This ensures that later, they will not think of selling their Bitcoin unnecessarily. One thing to consider when investing in Bitcoin is to have emergency money set aside. In case any emergency arises, one can solve it using the emergency funds. Many new investors end up selling off their Bitcoin just because they don't have emergency savings. In fact, some are forced to sell at a loss due to an emergency and lack other means of getting the money to solve the problem. Emergency savings are always a good backup for Bitcoin investment, as it is volatile in nature.