If someone invests with knowledge about digital economic infrastructure, blockchain technology, cryptocurrency and Bitcoin and understands how they work well, then this can be a modern and groundbreaking step, but if you invest not blindly but with awareness and a long term perspective, you can definitely expect something good from it.
Hopefully guys are not expecting to need to know about shitcoins in order to understand bitcoin first.
And even with bitcoin, there is no need to attempt to have extensive knowledge prior to getting started investing in bitcoin. Many folks should get started with bitcoin and focus on bitcoin first and learn about bitcoin while they are learning about their cashflow management. They do not need to learn about shitcoins and crypto and blockchain technology and mumbo jumbo.. They may well need to learn to figure out if they have a discretionary income or not so that they can get started buying bitcoin, and sure maybe they do not know very much about bitcoin when they first start except looking at a price chart and seeing that the price has tended to go up and down and maybe realizing that it is not guaranteed to continue to go up, and maybe they start out in bitcoin and they are pretty sure that they have $100 per week that they could invest in bitcoin if they were to have confidence in bitcoin, yet they might be nervous about bitcoin, so they might purposefully start investing $30 per week until they get more comfortable to hopefully be able to increase their investment amount to $100 per week and perhaps greater and greater amounts.. and it can surely take some time for any newbie to become comfortable with bitcoin, even though surely some guys learn faster than others, and some folks have more experience in their investing and/or cashflow management practices than others, too..
Such a true fact and I agree with you JJG that one mustn’t have all the knowledge about bitcoin before getting started in investing in bitcoin, rather all you need is just to figure out your discretionary income to start investing. The decentralization in bitcoin makes it obvious that you can’t control or predict exactly what will happen next even if you gain all the knowledge in bitcoin investment, because personally I think that the reason why most folks will tend to gain all the knowledge in bitcoin before they start investing is because they are probably wanting to control the outcome of their investments to always be favorable to them, but if that’s the reason then it’s a wrong move and that time you’re wasting and trying to know everything, you should be using it in accumulating bitcoin and gradually build up your portfolio with a long term investment strategy. Once you’re desirous to venture in bitcoin investment, all you need is just a basic knowledge which is nothing more that figuring out your discretionary income and start investing as soon as possible, then as time goes on you’ll be able gain more experiences while you’re accumulating bitcoin. In conclusion , the best way to learn and know about bitcoin investment is by getting started with your investment immediately you dream of it.