Quote from: batang_bitcoin on Today at 10:59:08 AM

Quote from: laijsica on Today at 04:59:51 AM

Also to succeed in investing with alternative income systems regardless of cost the constant DCA strategy can be ideal strategy for people of every income with the potential to get huge holdings. From my experience, I mainly get the right idea about investing from these threads and apply the investment strategy myself.

These threads and people that starts it and JJG that gives suggestion and thoughts about the matter of importance of DCA and other investing techniques are very helpful to those that are just searching on the web and trying to think what they are up to. Without any other source of income, one should start having himself some source before following these good techniques and investing style that have been suggested not just on this thread but also in every other thread that someone can find through the forum.

I agree that it is problematic when anyone gets into bitcoin and they speculate that they are going to generate income through BTC, and surely it tends to take a long time to figure out some techniques that are profitable in trading, and most likely it is way better to build up BTC holdings through investment techniques prior to even trying to trade, yet if someone is trading, then they should limit their trading to ONLY less than 10% of their BTC holdings, and make sure that they are able to generate income from their trading before giving up other sources of income -and truly there are some traders who may well make money on their trading for several years, and then all of a sudden they get blown out of their position, which may end up showing that they really did not know what they were doing, even though they had assessed themself as knowing what they were doing.

If a person spends 4 years or more building his bitcoin holdings, then perhaps he might consider trading or ways that he might earn income off of his bitcoin holdings, yet even that could be problematic if the BTC stash is not of a sufficiently adequate size.

Quote from: Samlucky O on Today at 03:37:25 PM

Quote from: Roseline492 on Today at 08:45:04 AM

Quote from: Wakate on November 17, 2024, 08:37:28 PM

There are different ways we can learn about Bitcoin and trading if we actually want to learn. It is either we learn from a physical teacher or online. It can be quite difficult and expensive leaning from a physical teacher because that can be some how expensive depending on where we want to get the skill.

When people is talking about spending money or paying someone to teach them Bitcoin always sounds ridiculous because learning about Bitcoin is a thing that shouldn't cost a dime from somebody, however is not even everything somebody will depend on people to teach them especially Bitcoin because everything is well explain online both the processes, so why pay someone to teach you when you don't have a limited access to internet, though I'm not of the impression that having someone to tutor you is bad but if it involves the person to pay an amount to have the Bitcoin investment knowledge then I don't support it because is not a difficult something and besides there are people who can teach you without expecting anything in return.

People paying some amount to learn about bitcoin is an individual choice, so surely nothing is wrong with that, provided the person find it easier and convenient to learn it on a one on one class. as each an every individual have our Level of understanding, So surely some people are slow and or Wimpy in understand things, and find it more better/convenient when they are thought physically and repeatedly until they learn properly. So they can later comprehend after having primary knowledge of it. Actually some folks don do anything for free including teaching someone about bitcoin. If the learner is satisfied then it's not a big deal since bitcoin investment need carefulness to study to avoid making silly mistake. I could remember a friend of mine, no matter how teach him something he will still ask you again the ext day. I will keep repeating myself till he grasp it. If I where some dudes Maybe I will have equally charged him some bulks for wasting my fucking time repeating myself.

Sometimes it can be difficult to know where to put up the borders, exactly, since so many of us bitcoiners like to help people who are interested in our niche topic (aka bitcoin), yet surely people do have to do some of their own work too.. .. and so sometimes it takes a person time to really get into the bitcoin topic, so some of that can be excused, yet it still can be difficult to know if someone is just taking time to motivate himself in doing his own research. I am not claiming to really know how to identify such people.. yet we know that there can be frustrations dealing with people even when we might have a lot in common with them... We also have to spend time with our own projects, too (and not all of them are necessarily bitcoin-related).