I agree that hardly anything need to be known from the start, except knowing whether or not you have any discretionary in which you can get started. The rest can be learned along the way and the bitcoin accumulation (buying) approach can become more aggressive with the learning of the things that you mentioned above.. and sure there can be a lot to learn with bitcoin, but not too much is needed to be known or suspected about bitcoin in the very beginning beyond some kind of suspicion (or hunch) that number tends to go up...even though it might not go up in the short term.
Yeah sure. It really doesn’t require being an expert or a pro investor to get started with Bitcoin. All one needs is to have some discretionary income to invest and to really believe in the potential of Bitcoin and that it’ll definitely continue in and uptrend over time, because some people fail to invest in Bitcoin, not because they do not have enough money or discretionary income to invest, but
because they have a pessimistic attitude towards Bitcoin and they feel like Bitcoin has already done enough and can do pretty much again.
As long as you truly believe in Bitcoin and you’ve got some discretionary income, they rest, as they say, is simply just details, because as you advance, you can get to learn about the market trends, Bitcoin’s Tech and other investment strategies that’ll align with your investment goals.
It’s all about being bold enough to take that first step, applying patience and completely trusting the process. It’s possible that the price movement at first might be sluggish and may not skyrocket immediately as every investor would anticipate, but having a long term outlook and perspective of Bitcoin will surely help you eliminate the impacts of the market short term volatility.
It brings us back to position size and DCA, again.
Even with pessimistic folks, it is likely better to get off zero and to take a modest position size rather than staying a no coiner, and that has been the message for the past 10 years and is likely going to continue to be the message to those who continue to believe themselves to be too late, but are not doing anything to help their perceptions of being late by continuing to fail/refuse to take actions to get off zero.