What does it mean to be informed?
An informed investor we have their long term investment goals in mind before being pressured into any volatile investment by all this finfluencer's that are just influencing investor's to invest one shitcoin.focus on your long term BTC investment,because an impulsive investment can derail your long term investment strategy.
Investors who are already smart in recognizing the best assets today will not be easily influenced by the words of any influencer, especially if there is an indication to force everyone to invest in the coin he recommends, of course it will be a big question mark for all Investors. Because Investors must be willing to invest consciously without having to be forced by any party, but if you refer to the advice you said, of course it is very good for everyone to consider Bitcoin more than other coins in terms of investment.
There’s always an edge if you are an informed investor, because you know what’s right from wrong from those words and advices from different influencers. You’ll listen but at the end of the day, you will have the last say. Being an informed investor, you know which investment will give you the highest potential profits, and one that has no potentials either. And having bitcoin, it has always proven its worth more than other coins.
You're right I think that's just the perfect definition of an informed investor having the idea about how the market works and also the right coin to invest in. With this it will be very hard for those influencers to mislead you with their fake informations about crypto investment, Of course bitcoin is the most reliable coin that can profit one in the future.
But most influencers will not recommend you to invest in bitcoin, most of them will be recommending you to invest in shitcoins that always get dump after hype most have taken place, they will start recommending those shitcoin to you as one of the best coin to invest in. And if you're not well informed you will just dive into investing in those shitcoin hoping that it will give you the highest potential profit. This is why being informed about how crypto investment works is considered very important, so as to avoid being mislead by those fake influencers.
It is difficult to know the right alternative currency to invest in. If it is Bitcoin then it is obvious that everyone knows it is the best to invest in only that not everyone can invest in Bitcoin because of how they price has grown to. But that's not an excuse to anyone who is really informed on Bitcoin investment. Like a lot of individual in the forum we cant say we are unable to invest in Bitcoin. Not because we have more than those who claim they cant invest because of the price but t=because we have knowledge of DCA. We know when to switch from one strategy to another. So every strategy is a good strategy for us based on the market condition.