In the case of Bitcoin investment, you must have a proper understanding of Bitcoin in your thinking, Bitcoin is a long-term asset. You must first have real faith in Bitcoin, because if you cannot trust Bitcoin, you will not be able to have long-term hold in Bitcoin. bitcoin is a field where the longer people can survive, the greater the possibility and amount of success will be, so understand its potential while you have time, if you do not take advantage of the current opportunity, you will only regret it when it becomes much bigger in the future.
To have faith in Bitcoin, we must have a correct idea about Bitcoin, which we can also consider as basic knowledge. When you do not know an asset properly and do not know about its benefits, then why would you believe in that asset? This may be a natural question. Even believing in an asset without knowing it well can become blind faith. So I would advise you, do not burden yourself by blindly believing in Bitcoin. First, know Bitcoin and be able to take self-measures. It is absolutely wrong to enter Bitcoin on the advice of others or by imitating others.
After gaining general knowledge about Bitcoin, when you start holding Bitcoin, your confidence will start to grow. I think you can't know everything at once. I must take time and patiently gain knowledge about Bitcoin. If you buy Bitcoin directly for long-term investment, it will inspire you. You will be able to gain more confidence in investing. But if you try to gain confidence without investing, I don't think it will have much effect. Moreover, the demand for Bitcoin is increasing gradually. If you start investing in Bitcoin for long-term investment at this time, if the market becomes more bullish, you will try to buy more Bitcoin. But if you give priority to only gaining knowledge without buying, you may be discouraged from investing in the future or your investment may be hampered.
To be frank if one want to understand everything about bitcoin before starting their accumulation is quite wrong , because you are missing out in a lot of buying opportunity and the thing is that the price is volatile so it wait for no man , so now you might be complaining that the price is too high but when you keep waiting you are given it more time for the price to increase more .
So In bitcoin you don’t have to start wasting time in tryna understanding the complex part of bitcoin before stating your investment. To save time is advisable to understand the basic knowledge first because without those basic knowledge you won’t be able to purchase bitcoin in form of accumulation. And you can choose to gain more knowledge while you accumulate.