Quote from: SOKO-DEKE on Today at 01:01:43 PM

Newbies can start investing in Bitcoin once they know how to buy Bitcoin. From there, they can further their learning with whatever they want to learn about Bitcoin. To start investing in Bitcoin doesn't require much knowledge. Bitcoin is really very simple to start once someone has made up their mind that they want to invest in it.Looking for more knowledge before investing in Bitcoin is just a waste of time, and that can even make some lose the opportunity to invest in time.

Newbies don’t need to first focus on emergency funds but should focus mainly on buying Bitcoin first. It is not necessary that someone must have emergency funds before they can start their Bitcoin investment. Emergency funds can be started a few weeks after beginning Bitcoin investment. So, in a few weeks, one can start building emergency funds, which will serve as a backup for unexpected situations while holding Bitcoin.the best advice for newbies is to start buying as money comes into their hands, rather than waiting to build emergency funds first before investing in Bitcoin.

I agree with the idea of getting started in bitcoin, and also I agree that it could take a while to build up an emergency fund and/or to build knowledge related to bitcoin and knowledge related to cashflow management, yet I personally presume that normies are coming to bitcoin in a way that they already have several of the skills, and that they also likely have a practice in which they keep some kind of cash cushion.. perhaps 2-6 weeks of floating cash that might be used for irregularities in their income and/or expenses.

Getting started is important, yet anyone who has financial circumstances that are in great shambles, then he might have to be careful in his level of aggressiveness in getting started, and he might have to spend some time getting his finances in order to the extent that his finances might be a mess, yet surely I would still presume that most normie newbies who are able to determine that they have some discretionary income, then they are able to get started in bitcoin and to figure out which areas of their personal factors they might need to figured out and/or put in order while they perhaps start to buy bitcoin on a weekly basis and sort out their cashflow management matters to determine how aggressive they might be able to be in their initial bitcoin accumulations.

Quote from: Cgrexp on Today at 03:45:47 PM

Quote from: Scarlett_23 on March 28, 2025, 05:06:52 PM

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Yes, new investors initially become restless for short-term gains and get frustrated when they do not get results. The cryptocurrency market is very volatile, most new investors make emotional investment decisions when the price drops and face losses. New investors need to gain more knowledge and education about the world of investment. They need to assess the situation before investing and then make a decision. New investors can make more profits if they invest slowly for a long time without expecting short-term gains. New investors can invest in the DCA method for long-term investment as there is less chance of financial loss. First, they can invest a certain amount per week or month according to their overall financial plan. As a new investor, if a small part of their monthly income is invested in the DCA method and can continue it for a long time i.e. 4-5 years, then it will become a big asset in the future.

You did not use the word bitcoin at any point in your post. Hopefully you recognize and appreciate that investing into shitcoins would be retarded, and DCA does not really work unless we are talking about investing - which is ONLY really relevant to bitcoin, in terms of "crypto currencies."

Maybe you don't know the difference between bitcoin and shitcoins, and that might be part of the reason that you don't know how to use the word bitcoin and to make sure it is clear that you are talking about bitcoin rather than some vague, amorphous and misleading idea like crypto.

Or maybe you were trying to sound smart, as if the principles of DCA applies to bitcoin and to any other shitcoin, yet your use of the term crypto makes you seem stupid rather than smart... or at least it makes it seem that you might not even know what bitcoin is, that is why you threw in some other nonsense word to make it seemed as if you know what you are talking about, when your use of such term shows that you likely don't know what you are talking about.

Quote from: Cgrexp on Today at 04:15:16 PM

Quote from: Muba20 on March 28, 2025, 03:45:45 PM

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The Bitcoin market fluctuates so rapidly that investors cannot make the right decisions due to volatility. Following the DCA method is a good way to invest. In terms of investment, the DCA method protects you from market volatility on the one hand ‌and on the other hand helps you keep up with financial risks and market fluctuations. When buying Bitcoin you should have a long-term plan and when holding Bitcoin for a long time it is important to have an investment perspective in case of future market fluctuations. Long-term investment requires faith and patience. There will be volatility in the Bitcoin market, so be prepared to think accordingly and buy coins. Regular investment and long-term planning before the Bitcoin price drops will protect you from volatility on the one hand and it will also create the possibility of big profits in the future.

In this next post, you at least showed that you know how to use the word bitcoin within your response, so it is possible that you are not a totally lost cause..