Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
BitBakerr1
on 15/04/2025, 16:11:05 UTC
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.

Yep.  Getting started is one of the most important things, even if it might ONLY be $10 per week, yet putting various buying systems in place and attempting to manage those buying system, including making sure that you are staying in budget, can be very important tools (pieces of knowledge) that contribute towards being able to increase levels of aggressiveness in the accumulation of bitcoin.  Experienced investors might come to bitcoin and have a lot of the cashflow management and investment management skills, yet they still might need to tailor some aspects of their skills to bitcoin, yet they may well have a headstart over some other person who comes to bitcoin and is completely new to investing. 

For the very brand new investor, it may well be better to start out more slowly and more conservatively with their bitcoin investment, but the mere fact that they are starting out slow should not stop them from taking various actions, and surely there are likely folks who have to make time and space for their bitcoin investing since they might have a full life of activities including a job, a family, various social activities, and they may have to carve out some space for their bitcoin learning and putting their bitcoin investment (and cashflow management skills) into practice.

Like you suggested, a person who has more practical skills in bitcoin investing and cashflow management is likely going to be in a better position to talk about those skills in meaningful ways based on his having had been practicing them, rather than merely theorizing about having had done it. 

Surely in a forum like this there are going to be guys with all kinds of levels of experience, and some of them will be able to describe their experiences better and others may raise questions about what other members might be saying, so even if part of the process here would be to share information, sometimes we will realize that some members might be talking about something as if they have experience when they do not, and they might not always realize the extent to which their lack of experience is giving them the wrong kinds of thinking on the topic. 
You are right that making sure that one is staying in budget, can be a very important tools (pieces of knowledge) that contribute towards being able to increase levels of aggressiveness in the accumulation of bitcoin, if one goes beyond his budget in his Accumulation by using money meant for paying of important bills to invest then he will later be in a situation where he will have no option than to dip hands into his Bitcoin investment so it is very important we stay in our budget.
Yes you are correct JJG those that already has experience about investment will surely do well or have headstart over those who has no investment experience.

Yes a newbie into Bitcoin investment should start slowly it won't be good for him if he rush things since his new into the investment.
Yes them starting slowly those not mean they should not take important steps in developing there self's in Bitcoin investment so they can know the important things to do like having a backup funds.

Yeah those who get into the practical aspect of Bitcoin are more in a better position to talk about those skills in meaningful ways.

You are very correct Sir JJG that some members might be talking about something as if they have experience when they do not and they argue about something they have no experience about which is very wrong is one thing to admit you don't have experience and learn than arguing about something you clearly do not have experience about.