I think that a lot of what you are suggesting relates to managing bitcoin position size, and the skills and/or the knowledge of the risks do not need to be known in advance in order for anyone to get started investing into bitcoin. Anyone should be able to get started investing into bitcoin with the ONLY criteria being that they have a discretionary income, and the more uncertain or scared they are about investing into bitcoin, then the more of a whimpy start that they would take and the more confident and/or bullish they are, then the more aggressive that they would be, and they can learn how to go from being whimpy to being aggressive as they are figuring out how to make sure that they have good cashflow management systems in place.
That is interesting perspective on getting started with Bitcoin investing.
You are saying that to start investing in Bitcoin we only need money we can afford to lose and we do not need to know about risks or how much to invest upfront. Your idea is good that people can start small if they are nervous and then invest more aggressively as they learn to manage their money.
While it is good to learn by doing and start small many people would say it is really important to understand risks and how much Bitcoin price can change before we begin. And when we start with small investment we will learn slowly and understand that how market move and also calculate the right time to buy. Sticking on plan is really important means we should never forget the strategy which we have started in the early stage. It can be changed with the passage of time but if this is still working good so we should stick on it.
that's a good and very interesting simple explanation and yes indeed by trying to jump into bitcoin starting with small money is indeed a good idea but with the condition that the money is ready to be lost which is used to buy btc. yes indeed so by having
discretionaryDiscretionary income to buy btc of course it's a good idea and of course by starting
from something small for those who are hesitant to invest in btc of course this is a good idea and honestly if you use this technique of course it will make many people interested in investing in btc because usually people who are anti btc because they don't know what btc is and also its benefits and also most are afraid of losing because the btc price fluctuates. so yes of course by using this technique of course it will make anyone not afraid to invest in btc because the money put into btc is small money and ready to be lost.
I like this discussion and of course it increases my knowledge. Yes, the point is that investing in BTC in my opinion is very fun and of course we will not lose and ruin our lives as long as we really invest in the right and wise way and if we have invested in BTC in the right and wise way, of course, the potential for future profits will be great.