Quote from: sotelorene on Today at 09:34:52 PM

Quote from: MusaPk on Today at 04:58:01 PM

Quote from: SmartCharpa on Today at 04:24:59 PM

Investing without enough knowledge can be risky especially if your budget is small. However, I believe that everyone must start somewhere, even if it is with little money and knowledge.

The most important thing is ready to learn and grow. Some people learn best by experience, even if they start little and make mistakes. Of course, losses can happen, but they can also teach important lessons that books or others may not fully explain well. However, not everyone has the time or money to wait until they become an expert before starting, sometimes starting small helps you stay careful and learn faster, as long as the person is open to ideas, not greedy, and willing to keep learning, they can still make something out of it, no matter how small they start.

I believe that mindset is important, if you are not emotionally strong, a small price change can discourage you, which is why patience, learning, and emotional control must all be together in the investment journey.

It's not very difficult to get basic details of Bitcoin as they are readily available on internet. If one has acquired basic understanding of Bitcoin then their is no harm in getting started with small amount. Because in the start we all do mistakes that results in monetary loss and these mistakes helps us in understanding how to invest in Bitcoin. As a newbie if we get ourselves familiar with DCA then we can save us from initial mistakes and monetary loses. The only thing difficult is getting started and getting on the track, after that it's a smooth sailing.

Not all social media post are correct, sometimes people post things for their own selfish interest most especially bloggers who are looking for engagement, so as a newbie or beginner it is very wrong to depend and believe so much on the internet because not all information are true. A lot of people have been misled and they have lost a lot of money because of what they saw on the internet. One doesn't need so much knowledge before they can be able to invest in Bitcoin.

However, one doesn't have to make mistakes in there investment before they can learn because mistake are not always funny and it can be very disastrous at times. Getting started is all about determination and having a source of income that is enough to take care of one's investment.

Don't believe on one sources of information they should learn how to verify so that they can figure out easily those manipulation or wrong information they can read online. To bad for people if they believe easily on any information they read randomly since this might lead to losses and having wrong expectation on doing bad decisions towards their investment on Bitcoin.

First action like having courage to buy right away is important to start on investing on Bitcoin. If they think about waiting for a dump to came then provably that they are waiting on questionable things and those what they expect might not really came. Having good source of income is needed because chances to succeed for long term is so low if they don't have stable income that can sustain their investment.