Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Humblevirus
on 15/07/2025, 22:14:33 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.
Newbies don’t need to learn much before they can start investing in Bitcoin. What they need is just basic knowledge. Once they start investing, they can gradually learn whatever they want to know about Bitcoin. Waiting to learn everything about Bitcoin before investing is, in my view, a waste of opportunities  because Bitcoin’s price is unpredictable.So, the best approach for a newbie is: after getting the basic knowledge, they should focus on accumulation. As long as someone has a long-term aim of holding Bitcoin, it will be hard for them to make the common newbie mistake of selling when the market is dumping.

In fact, you don’t need to go too deep into Bitcoin knowledge to be an investor. All you need is to ensure proper security for your Bitcoin  like moving your Bitcoin from exchanges to your personal wallet, where you have full control of your asset.that said, it's not necessary to immediately move your Bitcoin to a non-custodial wallet when you first start accumulating. That’s something you can do later, once your holdings reach a certain amount worth protecting.