Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Stable090
on 15/07/2025, 21:05:13 UTC
However it is also good for a newbie not to jump into investing in Bitcoin when he doesn't have proper knowledge about bitcoin because if he does,he would make a lot of terrible mistakes along the line. It is good for him to seek guildline from an experience long term investor that will orientate him and also keep him on check.
If you are planning to invest in bitcoin, even if you are a newbie, you are suppose to have a basic knowledge about bitcoin before investing, it’s not only about having a discretionary income, if you are having a income, and you lack proper knowledge about investment, then things might not really end well, because you will find it difficult to know the right thing to do when investing in bitcoin.

I always encourage newbies to invest in bitcoin, but at least have little knowledge about where you going to be investing your money in, you should know what bitcoin is all about, how you will get your bitcoin, and the appropriate wallet which you will be using to store your bitcoin, and how to protect your wallet private key.

I guess newbies should know things which I mentioned above before investing in bitcoin, because if they end up investing in bitcoin, and they didn’t protect their bitcoin, then at the end, they might lose their bitcoin which is really bad, so at least they should have little knowledge before investing.