Quote from: Tonimez on Today at 10:21:55 AM

Quote from: rachael9385 on January 17, 2025, 10:08:19 PM

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

At first I will say as someone that's interested in investing in bitcoin you just need the basic knowledge and you are good to go so don't let your urge of accumulating knowledge affects your bitcoin investment or accumulation.

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 .

Don't think that this space is all about Airdrops and tap to earn , is more than that , but you won't be able make good use of the opportunity in it if you lacks knowledge on how it works. That's why you have to make good use of your time here to keep learning because they are alot of knowledgeable users here , and beside google is always there to assist you , so leave that comfort and start Doing your own research it would help to make things move smoother.

Before you can think of making money in crypto you must gain knowledge, this is the most essential thing. A lot of people just want to jump into it and start making money forgetting that crypto is an institution of learning. Nobody knows it all in crypto, even the experts are still learning. As a beginner if you don't take out your time to study and gain the knowledge required you won't benefit much crypto. Making an investment is very important, but knowing what you are investing is the most important. Give yourself time to understand the market, it might take as long as 5 months to a year, don't rush yourself, find someone that can mentor you and teach you the basic things you need to succeed in it

Patience is a virtue and that is what many people lack. Crypto investment sometimes can be very frustrating if you expect a quick return. The most important knowledge anyone can have in crypto is the possibility of a long term duration before maturity. Knowledge is very important since various crypto investments take different forms.
You need to understand that you need to learn the market trends. Sometime last year I sold one of my coins in a rush just to watch the price double in less than 10mins later.

Knowledge is crucial and patience is needed in order to obtain the required knowledge.

Most of the mistakes of investors lie in expecting quick returns which puts their capital at risk. There are a number of investors like you who follow short-term trading in the crypto market in the hope of getting their profits. Patience is a special skill for investors through which they can complete their desired cycle and accumulate huge stash.
Maturity in investing is based on time, experience and discretionary income and can bring success to investors and simple statistics are about accumulating and holding for the long term. To be wise in investing you should focus more on making consistent deposits than spending more time in the crypto market. By having the qualities of patience and the process of making deposits regardless of the price you can develop special habits in yourself.