Quote from: Cityhunter34 on January 09, 2025, 05:34:06 AM

Quote from: AYOBA on January 03, 2025, 07:11:47 PM

Quote from: I_Anime on October 15, 2024, 10:45:43 PM

Alot of newbies won't understand or get this, especially those that was on boarded by Notcoin into this space, alot of you have been hearing that cryptocurrency is not a get rich quick scheme, is something that requires one to go after knowledge too. Because in this space without a proper knowledge you can't succeed in it .

That’s just the about knowledge is the best key to a success, but not all the people understand the meaning and that’s why most of the people will go and start they didn’t have any idea about which will definitely end of lose at end of day. Because they refused to seek for the background of what they are trying to do, and that’s what cryptocurrencies is all about.

You see those those that are seeing the cryptocurrency as a way of becoming a rich quickly, their those that that are sitting at home and people that are into the cryptocurrency aspects always give them something to hold body, that’s why they take it as easy way of getting rich quickly.

often wonder why people jump into Bitcoin investments without seeking for basic knowledge. It's essential to understand the risks involved before investing. by doing so, we will better equipped to manage our expectations and avoid panicking when the market dips.

The first thing everyone needs to do before investing in cryptocurrencies is to gain knowledge. I think Gaining experience before investing and trading is essential because without experience one may not be able to achieve success from his investment and trading. Those who have experience about the market can do proper market analysis even if the price of any coin in the market is going down then they can hold patiently and they don't panic.

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Normally, knowledge comes first before investing in Bitcoin,

But if someone wants to invest in Bitcoin through Dollar Cost Averaging (DCA) strategy then he might be able to invest in Bitcoin with his little knowledge. Along with investing in this method, the investor's knowledge will also increase. However, before investing in this method, investors should keep these things in mind: Buying Bitcoin regularly,Creating a source of income, Ensuring wallet security.