Quote from: SuperBitMan on Today at 02:35:51 AM

Yeah you are correct some people especially newbies really don't understand how Bitcoin works they just heard about someone it and feel they can just start investing and start making money from it and that is why you see some people become frustrated when they start investing and they later got disappointed by not making the quick money they expected to make.
A lot of people has left Bitcoin investment because they feel Bitcoin is too slow in it's growth and they feel investing on shitcoins will be more better because it will grow fast, the want of quick money has even blocked there eyes to see the high risk in shitcoins and that is why no matter how people keeps failing and losing money in shitcoins some people are still investing in it.
When it comes to bitcoin investment on needs to be patient and also be consistent, Bitcoin will give you more peace of mind because one won't lose money when there's a dip it's certain that it will grow again one just need to accumulate and hold for a long term.
Before investing in Bitcoin one needs to have the basic knowledge about Bitcoin and how it works it is very important, if a newbie has basic knowledge about Bitcoin and also know the history growth of Bitcoin it will help him or her to relax even when there's a dip.

When there is a dip in bitcoin, that is the best time to keep buying bitcoin. If you can accumulate a lot of bitcoin in this season then there is a potential of you getting a lot of profit in the future. That is why the best thing to do in bitcoin is to accumulate a lot of bitcoin and hold for a long time. As a newbie in the crypto space, the best place to invest in is bitcoin. Even if you have many years in the crypto space, bitcoin is always the best place to invest your funds for a long time. Many of those shitcoins always end up as scams. That is why we always encourage using the DCA method to accumulate as much bitcoin as you can without braking the bank or being stressed in your finances.

Quote from: Agbamoni on September 10, 2024, 11:06:47 PM

Quote from: Odohu on September 10, 2024, 08:34:37 PM

I really envy those who are privileged to get the awareness of Bitcoin while they are still in school, probably with less financial responsibilities and still under the guidance and provision of their parents. I usually encourage such people to endeavor to take their finances seriously and one of the ways of doing that is to invest in Bitcoin with some part of their pocket money. They can do this even if it is $10 per week or bi-weekly, they can go that over the years they are in school and this will amount to something remarkable. However, I will not encourage anyone to use their tuition fee to invest in Bitcoin, because the tuition fee is not money they can afford to keep in Bitcoin for a long time. It is like investing the basic funds into Bitcoin which is not advisable.

There is a saying 'delay is never denial'. At the end of the day here we are, speaking Bitcoin English.

Early awareness of Bitcoin is a huge advantage for those who can understand the concept at a tender age. They had fewer responsibilities which gave them more time to study it. Knowledge is one thing that can help them build financial independence and investment decisions once they are financially stable. I practically started saving a little during my school days for business once am done, I just came to realize that if I had been investing as little as 10$ back then i would have heard enough Bitcoin in my portfolio.

We always have regrets about our late intervention to invest in bitcoin. I know many of us have known about bitcoin for a long time, but due to a lack of knowledge we had when we were still in school, if we have been investing in bitcoin since 2010 or 2011, even if it is a dollar every month. We would have been millionaires today. That is why a wise man says "ignorance is the worst disease ever," because it will affect you for a long time and you will always regret it, so it is best to explain and reach those in school about bitcoin investment and give them the strategy to follow. In order to make sure they are aware, they have knowledge and the possibility strategic to accumulate a lot of bitcoin.