Post
Topic
Board Bitcoin Discussion
Re: Don't jump into bitcoin investment without understanding it.
by
Smack That Ace
on 22/03/2025, 05:03:11 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.

This is the financial market, as long as it is volatile there will always be enough opportunities for us, and that is why we always say: it is never too late to start with bitcoin. So don't be afraid that you will miss the opportunity and rush to jump into the market without knowledge.

An ignorant person and the opportunity to buy BTC at a low can be an advantage but there is no guarantee. What would happen to that guy if the price of bitcoin suddenly dropped even more after he bought it? For someone without knowledge, panic selling is inevitable, and is that still considered an advantage? On the contrary, if that guy had knowledge, he could have taken advantage of that opportunity better at that time.