Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
promise444c5
on 07/03/2025, 00:07:36 UTC
⭐ Merited by JayJuanGee (1)

People should have general knowledge of Bitcoin investment even though they are yet to invest it helps them to differentiate between good and bad information when they come across one and it gives them an edge over scammers when they encounter them.
When you don't have any bitcoin how will a scammer scam you and what are you protecting. Is just like if someone without any bitcoin has a clipboard malware, he doesn’t have any funds to transfer to anywhere. Therefore, he wouldn't know if he has clipboard malware since he will not paste any wallet address to send funds. Anyone who believes in bitcoin who definitely look for a means to invest in bitcoin by looking for a means of income with a discretionary income.

Having Basic Knowledge  especially how to secure your wallet and likes
 is actually a good one to understand before investment yet it isn't something that take that long to figure atleast for the basics, there's no way it can all be mastered in a short period, as times goes on they can all be mastered as investment continues. A clipboard malware could be very dangerous for investor who copy address from time to time probably for thei DCA (it's better to check and verify over and over before any transaction, even without malware, mistakesare possible) and it's still worth knowing that your machine could be compromised entirely while you invest all for a scammer to wipe your accumulated Bitcoins . Having proper  Knowledge should literally "give hedge against scammers" as said by OP  and make it even much more harder/impossible for future threats because as time goes , investor understands better and make his wallet even more secure, improve his accumulation journey by utilising what he/she must have been learning while investing.
In summary, all I'm saying covering basics is essential but shouldn't keep for long to start investing, not all basics are really required to understand before investing, Bitcoin does not wait for anyone just like time Smiley