Quote from: BITCOIN4X on September 12, 2024, 07:31:21 PM

Quote from: bangjoe on September 12, 2024, 06:46:03 PM

Quote from: LUCKMCFLY on September 11, 2024, 09:46:07 PM

~Snip

I don't think it's necessary to have a high financial education about this, that's too much in my opinion and also we don't know what you mean by high financial education?

I'm not sure the perception that is made is a higher education of a finance in investing in bitcoin, and I see that it is a basic knowledge in investing in bitcoin, it's just that we need to understand how the bitcoin cycle and look for moments to benefit from it.

Financial education may include how you manage your money and how you use it to invest. A strategic approach to investing may not be one of them, but the right strategy can increase your chances of getting good returns on investments. I agree that some people don't need to have a high level of financial education to understand cycles, but the way you manage capital may be different from those who are educated.

Sufficient experience in the industry can allow one to earn returns worth it with the risks they consider. Even though they are not academically educated, their experience and mentality as investors may be better than users with an academic educational background.

Yes, that's exactly what it's for , something similar to those people who win the lottery, and then have a world of luxuries, but in time they are left in debt and worse off than they were, but why does this happen? Because they didn't know what to do with the money , and something like that Happens with bitcoin , those people who have doubts about bitcoin simply sell when they should hold on and sell at a loss, the smartest and with vision that financial education often gives them know what they should do, including Buying when they have the Opportunity.

Also educate Yourself with books about investment , it doesn't matter if they talk about the stock market , that applies to bitcoin , so a person with enough high financial education will know that Bitcoin is very valuable and will always be , so there will be no doubts about buying every time you can.