Knowledge is needed to invest. But a smart investor will never invest just on knowledge. Because if you have knowledge, you will know information about Bitcoin and what has happened in the past. I think a smart investor will invest in combination of
* Knowledge
* Patience
* Faith in Bitcoin.
* Experience etc.
For example, if you have basic knowledge and faith in Bitcoin in the first place, you can invest and along with investment, you can gain more knowledge, you can gain experience along with investment. You have to be patient etc. If you can do everything together, then your investment is very likely to be successful. But it is never right to invest by focusing on one thing.
I think it is very natural for a new person to be scared when investing in the first place. But you have to take care that he does not sell his investment out of fear. As time goes by, a person will gain more experience, and after a while, he will not be afraid of falling, but will learn to use it.
If your capital is low and your income is limited, then you will never be able to make a profit by investing with little knowledge and it will be difficult for you to survive in the investment.
Because your little knowledge can be enough to lose your little capital. Due to which you can get out of the investment by losing your little capital. Therefore, people with little capital and low income should gain as much knowledge as possible in the field of investment.
Yes, you can invest in Bitcoin with your little knowledge because in the past, it has been seen that even if the price of Bitcoin decreased for a temporary period, Bitcoin regained its previous value or more in a short time.
However, one must be psychologically strong in the field of investment. One should not get upset if the price decreases.