Quote from: Ruttoshi on Today at 11:15:19 AM

Quote from: BlackBoss_ on Today at 04:38:30 AM

Quote from: Jostern on Today at 03:51:31 AM

People who are new to crypto likes to gamble without having a good knowledge and understanding about the market. This are people who are mostly interested in shitcoin, are people who are also genuinely interested in buying and selling and trading because of ignorance not knowing how much they are losing in the market. Most of them are just interested in buying all kind of different shitcoin and be watching them regularly as soon as they see that there is a little profit they sell immediately. They don’t know what they are doing, if only they knows that they can actually buy bitcoin and invest and hold for a long time and make more profit, that is why I see this single act of desperation of investing in shitcoin as ignorance.

Investment must start with good knowledge, deep learning , then enough practice for their risk control, capital allocation and management for their investment portfolio. Bitcoin grows with time in adoption, value and price so if they can have good management and they are able to hold bitcoin in right ways - in non custodial wallets, off centralized exchanges, they will be in their good investment adventure to profit and better wealth.

Bitcoin investment isn't other kind of investment that you must learn deep into it and have a good knowledge before you can invest. Only the basic knowledge of bitcoin is enough fo a new investor to start his bitcoin investment as long as he has his discretionary income available. This is because bitcoin is a long-term investment and you are only buying and buying without selling.

You can learn whatever aspect of bitcoin that's of importance to you as you have started investing in bitcoin, so that you don't waste more time trying to learn deep about bitcoin as the no coiner and miss out the opportunity in the market. Bitcoin is broad and needs time to learn little by little, that's why you don't need to deprive yourself from starting your bitcoin all in the name of learning. As a matter of fact, bitcoin investment knowledge must be done with practice for better experience.

Anyone that's already use to saving part of his discretionary income to buy something of important to him, will easily be able to have a good cash inflow management.

You’re absolutely correct @Ruttoshi, bitcoin investment is a learn as u grow investment, it is with time and practice experience is built. It don’t need you to seat in a class or at home to gather all the knowledge before you can invest.

My early stages in crypto, I got involved in Shitcoins I didn’t actually buy it, I joined in an airdrop and the reward I decided to leave it cos I saw the price rising and I was happy. I should have have taken my gains and left but I had this mindset that if I leave it for while it’ll get higher. I stopped looking at it only for me to check the price has plummeted below what I was initially given. Now I’ve learnt not to hold Shitcoins for long and even when getting involved proper knowledge should be acquired.

When I started my bitcoin journey, I started with storing my coins in an exchange with time I learnt it’s not safe to hodl there when I’m not trading and even though it was little I had to make sure it’s safe. Because I had some coins I became more serious and involved in matters concerning bitcoin, I wanted to know more.
My research and findings were now more direct and specific to what I wanted to improve instead of a broader study.
Experience they say it’s the best teacher.