Quote from: nakamura12 on Today at 05:26:56 PM

Quote from: uchegod-21 on Today at 04:19:46 PM

Alot of beginners actually learn the hard way not because they are just unfortunate, but because they rushed to invest, only to start learning properly from their own experiences. Learning from one's experience can be very risky; many mistakes will me made, most newbies will not have that patience and resilience to continue further.

Investing in Bitcoin is a journey; to avoid missing your way, it is expected that you come prepared. New comers into the crypto community should learn the basics first before investing. It's not just about the basics, learning some security tips is very important to avoid unauthorised access to their wallets.

Rush decision is what makes newbies learned the hard way instead of doing it at a pace that they can fully understand and utilize the things that they have learn throughout the time that they start learning about cryptocurreny. If a person didn't do that is that they will experience losses a d regrets like I should have created more than 1 backup of my wallet and I wouldn't have lose my funds and make a profit, I should have make my security increase then my wallet won't have get compromised by a hacker. So as you have said, basics is a must.

Yea. I was once a victim of my own ignorance. I have had my own fair share of punishment for being so impatient both in the crypto space and in another form of investment. I can still remember as a young boy growing up, I gave a total stranger I met online some money to invest in a ponzi scheme for me. Well, I was blocked immediately I sent the money. I learnt the hard way because I didn't do my due diligence.

Newbies who are in this forum are very lucky. Everyday they come across security tips and life stories of experienced investors. They have all the opportunity to learn from these experienced persons, except they don't read or just want to explore by themselves.