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Quote from: Smartp1996 on July 21, 2025, 10:56:53 PM

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Quote from: yixichloro2xx on July 21, 2025, 12:43:38 PM

Waiting for perfect knowledge before starting usually leads to missed opportunities. Bitcoin rewards action paired with discipline, not perfection. Starting with what you understand and building knowledge along the way while managing your finances wisely is the real strategy........Discretionary income, no matter how small, is all you need to begin the journey. Learn as you go, accumulate steadily, and grow into the investor you aim to become.

This is the mistake most people make they think before starting an investment they have to know everything and have their discretionary filled up with money but that is not true because after some time they will realize they have be wasting there time. Knowledge is something one will learn as they progresses in their buying and holding and the funds is also something one will be hustling and gathering. Lastly, investor ought to understand their goal and work towards it because a person without a goal is already lost.

Any thing that has to do with bitcoin one needs to be extremely careful because it is an investment you are expecting a reward at the end, which is while you need a full knowledge and not a perfect knowledge because no one perfect by making inquiry and consultation from a higher or an experienced personel before making a bitcoin investment; remember if you are not informed automatically you are deformed, so you need to be careful because lies your fate: fate of success and failures. Investment without full knowledge and understanding can cause some disappointment when it fails, so you need to know every thing concerning your investment so that whether good or bad it will never be like a dream to you.

No mate you don't have to be a complete knowledge to start Bitcoin. If you are fundamentally knowledgeable then you will be suitable for investment. Some may wait to become a complete knowledge but it's not the fair decision. The process of investing in Bitcoin in the DCA method is much easier. As a beginner, you should focus on becoming knowledgeable about Bitcoin market analysis and investment strategies and regularly accumulation Bitcoin from discretionary income. In this strategy, as small fractions are regularly deposited in the portfolio, you will gradually be informed about the investment strategy and how Bitcoin works. In fact, by accumulation in Bitcoin continuously for 2-3 cycles you can achieve complete success as an investor.

You don't have to be perfect to invest in Bitcoin. A source of discretionary income and mental preparation for the long term. That is why you will have to collect ancillary elements gradually such as multiple sources of fixed and alternative income, backup funds and floating cash funds. Waiting for complete knowledge can take forever in Bitcoin investing because there is no limit of acquire knowledge you can.

Exactly, well said.... Chasing complete knowledge before taking action often leads to paralysis by analysis. Bitcoin isn’t something you fully understand before you start, it’s something you understand more as you go, especially when you are consistently stacking through DCA.

Having a basic grasp of the fundamentals, a source of discretionary income, and the discipline to commit long term is enough to begin. Over time, you will naturally build the financial literacy, mental strength, and strategic flexibility needed for success. .......Waiting until you know it all is just another excuse. Start small, stay consistent, and let time and experience teach you the rest.....