Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
yixichloro2xx
on 31/07/2025, 20:29:24 UTC
⭐ Merited by JayJuanGee (1)

Because the price of Bitcoin can increase from current price at any time and the current price can be a dip. There is definitely no alternative to gaining knowledge when it comes to being a good investor. If you continue to gain knowledge about Bitcoin along with regular investment, then your knowledge in investing in Bitcoin will increase and at the same time your portfolio will increase. After gaining more knowledge, you should start investing in Bitcoin without delaying.

You are probably wrong in regards to the extent to which you need a lot of knowledge prior to getting started investing in bitcoin, and likely you can learn a lot along the way, and since no one wants to lose money, there likely will be incentives to learn more and more about bitcoin as a person invests more into it.  Yet at the same time, one of the mot important things to do is to get started, and starting out position size can surely be adjusted based on how much knowledge and/or confidence that a person has, and surely the less knowledge and confidence that a person has in the beginning may well cause him to invest less in the beginning, perhaps starting out with $10 or maybe $100 or some other fairly conservative amount as he is also looking further into matters, perhaps considering his personal factors, yet not having to resolve all of his personal factors in order to get started investing in bitcoin whether weekly or otherwise..
Yeah, the idea of wanting to have all the encyclopaedia of knowledge about Bitcoin before starting your investment is just wrong and could sometimes appear to be misleading too, as this could potentially dissuade newbies who already have discretionary income from getting started immediately on an impression that they need to first gain all or an extensive amount of knowledge before they should get started. It's very possible for anyone to learn as they proceed, as long as they have basic math skills and common sense, and the potential for losses can be a very strong motivator to keep learning and improving in their knowledge. Starting small is an awesome way to dip your feet in the water, and you can always be flexible with your approach and increase your investment amount as you proceed and gain more knowledge and experience.

It's also very agreeable that personal factors can play quite a very vital role in investing, but it's not mandatory to have all the answers to your questions before you think of getting started immediately. By just getting started, you'll be able to learn, refine your perspective and figure out things yourself as you go. Some folks might choose to get started with a small amount like $10 or even $100, and as they become more comfortable and confident in their strategy, they'll potentially increase their investment.
On thing that everyone must keep in mind is that, Bitcoin investment is a marathon and not a sprint, it's more about building a particular habit that works for you or aligns with your goals and then learning how to stay consistent in those habits overtime. Even when the investment is small, as long as you're consistent in your accumulation, it'll definitely add up overtime, and yeah, it's always advisable to keep conducting your own research as this is a great way to keep learning more and more and would also help you make more informed decisions that aligns with your financial situation and personal goals.
If I may add to your point, one major mistake I see a lot of newbies make is thinking they need to become Bitcoin professors before they invest. Truth is, that mindset does more harm than good. It delays action and often leads to missed opportunities.

You really don’t need to know everything from the start. A lot of us learned along the way, by starting small, making mistakes, adjusting, and gradually building confidence. Even something as simple as putting aside $10 or $20 consistently can go a long way over time.What matters more is forming the right habit early, whether through DCA or another method that suits your lifestyle. The real flex is staying consistent, not trying to time the market like a psychic.

Bitcoin is not  some get rich quick scheme,  it is a long game. The earlier you start stacking, the better your future self will thank you. Just start, learn as you go, and refine your strategy with experience. You don’t need to be perfect, you just need to begin.......