Quote from: Miles2006 on September 03, 2024, 11:08:22 PM

Quote from: Cryptoprincess101 on September 03, 2024, 09:25:35 PM

Quote from: AirtelBuzz on September 02, 2024, 06:42:58 AM

Quote from: Glen Hoddle on September 01, 2024, 10:42:42 AM

However, while investing in Bitcoin must be experienced, you can't invest at any point in time. But if you have experience with Bitcoin then you can definitely invest by following DCA method and accumulate it for a long time and sell it again.

I think a beginner should know the basic knowledge about bitcoin investment and grow his investment portfolio by buying bitcoins regularly using DCA method. Even if many people have no initial investment experience, by using DCA to buy Bitcoins on a weekly or monthly basis, they will gradually increase their investment experience as well as their investment.

A beginner don't need any basic knowledge about Bitcoin but can buy Bitcoin and learn more after they must have made investment already because waiting to acquire more knowledge about Bitcoin before investing may lead to loss of interest because you will always feel that the knowledge you have gotten is not enough to guide you all through your investment period and no one can know everything about Bitcoin so it's better to invest before getting the fundamental knowledge about Bitcoin. The DCA strategy is already a popular method by which every one has the opportunity to buy Bitcoin so they can decide when will be good enough to DCA either weekly or monthly

I think you’re mistaking because basic knowledge is not a broad knowledge, anyone can learn the basic knowledge first before buying then during the process of accumulating learning process still continues. I still don’t understand the part with losing interest after getting the fundamental knowledge like bitcoin investment is not a regular investment with low value rather the more we learn about bitcoin the more our hunger to buy and hold increase. If anyone should develop such thought I think almost everyone will stop buying because we learn about bitcoin always as it’s part of our present and future investment.

When it comes to bitcoin investment one needs to have the basic knowledge first before investing and after starting the investment with the basic knowledge one has to also strive to acquire more knowledge about Bitcoin for example reading the history of Bitcoin and it's growth this will give you more motivation to keep accumulating and holding.
Some people feels try to have more knowledge about Bitcoin is a waste of time but it is not, the more knowledgeable and experience you are in Bitcoin the more successful you will become.
Bitcointalk forum is one place one can gain more knowledge about Bitcoin and it has been useful in my Accumulation journey, it was through this forum I see the need of having or adding some certain things in my
Bitcoin journey such as.
1. Having a backup funds:
It was through this forum that I knew that when you want to prevent yourself from dipping hands into your Bitcoin investment you need to have a good backup funds it helps secure your Bitcoin.
2. Kind of funds to use when investing.
It was through this forum that I knew one needs to only use his or her discretionary income to avoid reaching a fuck you stage.
3. Type of investment strategy:
This forum has helped a lot of people choose a perfect strategy that is suitable for them.

So gaining more knowledge about Bitcoin will help you grow well in your accumulation and it will help increase your interest more in Bitcoin investment.
It is always advisable to strive in knowing more about any investment you are into.