Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Cryptoprincess101
on 12/06/2025, 20:40:41 UTC
I don't think anyone will jump into investing in bitcoin without hearing or reading about the basics, right now with the population of bitcoin almost everyone knows that bitcoin is volatile and it most be done with caution hence waiting to learn is only going to keep you from taking action already, they say the best time to invest is now, it means all the time of learning should fall under the period which uih have already bought.

I don't see the risk y'all are talking about in bitcoin all I know is that bitcoin is risky just as life is risky, investing in bitcoin is like taking your risk into a less risky environment.

Personally there is nothing too broad about bitcoin that one can't afford to learn after investing already but whatever you decide to do about bitcoin you can go ahead.
Your statement is Somehow confusing , doesn’t mean that one shouldn’t learn before investing? Bitcoin is broad but it’s good to have a primary knowledge of it before investing so one can know how to go about it ,it’s a continuous learning process but I believe while learning action should also take place , because time they said wait for know one , so we should make use of every opportunity that comes our way.
As a newbie, you don't need to go in dept of Bitcoin understanding before investing, just only the basics needed, Jjg has made it clear in one of his lecture that
 One of the most important things to know before investing into bitcoin is whether or not you have a discretionary income or not.  If you have a discretionary income, then you can get started, and learn various aspects as you go, including self-custody.
Surely, the more you invest into bitcoin the more you likely need to know in advance, yet you can still get started and study in order to figure out if you are putting in $10 per week or $100 per week, or $1k per week or even if you might want to start with lump summing with $10k or more.  The more you put in the more that you likely need to know, yet at the same time, different people earn differing amounts, so if a guy is earning $100k or more a year, then he likely has more options than a guy who is earning $6k or less per year

You people are confusing what it means by basic knowledge and primary knowledge because it's same thing, having primary knowledges means the basics which are the little things to know before starting to invest in bitcoin which is not wrong. You can't just say you want to invest when you don't even know about wallet addresses and how to buy bitcoin because those are the primary things to know before going into Indepth knowledge such as how to secure your seed phrases and how to apply the various methods of investing in bitcoin and some other stuffs as well. All these further explanations and analysis you made can come later after the basic knowledge have been acquired and investment has already been started.