If you don't have good knowledge about investment or if you don't have skill in this matter but you can't be very successful in investing
Bitcoin investment is not like other investment that you need to have a good knowledge on before you can start investing because you will be wasting the time that you are suppose use to be accumulating bitcoin and building your bitcoin portfolio.
In every investment start-up you need to have some good knowledge about it before starting including bitcoin too so that you don't invest in the wrong way, it's the lack of the required knowledge that makes new investors take loan to invest in bitcoin thinking that they are doing it right. Bitcoin investment may not be same with other investments and that's the more reason a newbie investor should abreast himself with the knowledge about what differentiates it from other form of investments.
How we start is very important for a long term investment, consistency and patience is very key also but some newbie investors lack the knowledge of this very principle thereby investing all they have to their name putting themselves in pressure because from the very beginning they never knew the importance of having an emergency funds available against the uncertainty of the future. So it's really no waste of time acquiring bitcoin investment knowledge before going in because it helps you have a right investment attitude in planning ahead of time.
Exactly mate, every investment needs an understanding about it before even doing it, the impression that one mustn't have good knowledge about Bitcoin before investing on it is wrong cause if the investor doesn't know much about Bitcoin, how would they know how or where to buy Bitcoin from, how would the investor know where to save and which is the best place to save Bitcoin, how would the investor even know which strategy is best for accumulating Bitcoin? All those questions are what the person who made that statement should've put into consideration before saying that. Infact before you go into anything that involves money or finance you must have a good knowledge about it so you'll be able to do it properly, for instance if JayJuanGee didn't have good knowledge about Bitcoin investment, how would he have been able to teach people about it and how to go about it the right way but from his post, you'll understand that he's an experienced investor and someone with a deep knowledge about Bitcoin and how to invest and accumulate it over time, that's why you won't see him advising people to go into trading or other risky ways of accumulating Bitcoin, therefore an investor must be very knowledgeable about Bitcoin before investing on it.