Post
Topic
Board Bitcoin Discussion
Re: Don't jump into bitcoin investment without understanding it.
by
bhadz
on 22/03/2025, 04:53:32 UTC
People have to choose on how they're going to initiate investing into Bitcoin. Because if they keep on doing their research when they have the money and they don't think yet of buying it, that guy will miss a lot of good moments for bitcoin. And with the other one, that just bought bitcoin and then later on helped himself out in DYORing. He's gonna have a better result than the others but we don't tolerate investing without proper research but that latter guy will also understand it just like how OP is saying that he'll adopt that eventually.
That’s why sometimes while you are looking for money to invest in something before the money comes you can start making your research about the thing to save yourself the stress of making that research when you have the money to invest which could lead to missing lot of buying opportunities, but their are times when you hit some money which you didn’t plan for or it comes earlier than expected you can just buy and learn about it later as it can take someone just few minutes of research to get basis’ knowledge of how to buy and later learn other things they need to know why they are already an investor.
And we have to be responsible for any action that we do with our money. If we're the type that always does the research then we'll earn it and the same goes for the type that doesn't do it and take actions without prior research. There is so much to learn while searching for things as an investor because not everyone is going to teach us from the very start. We have to experience things so we'll learn from them and we'll be the ones to compare on how it goes being educated and known to the investment that we're taking compared to not.