Sometimes I see people talk about knowing everything about Bitcoin investment before starting which to me those not sound right because when it comes to bitcoin investment you will only know more when you get involved, is when you get involved you will discover what works for you because that person telling you about Bitcoin investment his ways and strategy may not even work for you I think what a newbie should have is just the basic knowledge about Bitcoin and then he or she can start no need trying to know everything.
I think they're talking about having the basic knowledge about bitcoin and not (knowing everything) because there's no way you can be able to know everything when experiment is not being made. Even when we are learning in school their are some certain things we may not understand not until we carry out some practical that's when we can still know more about it, moreover I don't even see bitcoin investment as something that requires enough knowledge so far as you have the basic knowledge. Of course you can start accumulating bitcoin, and in the process of accumulating then you can be able to figure out some things.
And of course knowing everything about bitcoin before investing is also a very nice idea, Rather it will take a lot of time before you can be able to build your knowledge. than when you're learning in practical Way, because if you're learning through practical maybe after you most have gotten the basic knowledge about bitcoin investment of course it will make the process easier for you.
I don't think knowing everything about Bitcoin investment when you are not into it is possible there are knowledge you can't get until you start investing into Bitcoin, when you are not into Bitcoin investment you won't know how accumulating and holding Bitcoin feels like It's easy to say “HODL” in theory, but to hold during bear markets when everything seems to crash takes real mental strength and that's built from experience, you won't know the advantage and disadvantage of accumulating aggressively, you won't know how much important dip in Bitcoin can bring to you or can't, you won't know how important it is to have a backup funds such as emergency, float and reserved funds as a Bitcoin investor, you won't know if it will be safe to diversify in your early stage of Bitcoin accumulation or not is only something you are into that you can see the real loop holes and what can be safe to practice, reading about price swings is different from feeling your portfolio drop 30% overnight, you won’t really know your risk tolerance until your money is on the line, you won't know the best Bitcoin investment strategy that will be good for you.
There are lot of things you won't know about Bitcoin investment until you go into it, no matter how long you spend in reading about it you won't understand everything.