Knowledge is not an all or nothing thing, so not very much knowledge is needed in order to get started in your bitcoin journey, yet it would be needed to either be more aggressive or to continue to invest through ongoing persistence consistent and regular buying. The behaviors reinforce the knowledge and conviction and the knowledge and conviction reinforces the behaviors of buying, and if you don’t screw up then you will likely continue to experience positive reinforcement through your bitcoin buying actions and hopefully through your building and maintaining strong cash flow management systems and practices.
People need to differentiate between spot trading popular referred to as investing and futures trading, it is in futures trading that’s essential or extra knowledge is mostly needed, this knowledge is not so much needed when one wants to invest, yes have lots of it might help but it is not important the real knowledge is how to secure your bitcoin, how to buy bitcoin and if possible a drafted Method of how to DCA which is not even so important. All the Technical analysis and Fundamentals are just extras. In fact I can say that some times those with this knowledge often even over predict the market by waiting for some certain perfect buy opportunity and they miss out later one good buys whereas a noob will just stick to buying when even they have money and sometimes catches good entry than the other
My point is that knowledge comes in stages, and it is likely wrapped with action, and action reinforces knowledge.
Accordingly, a guy can get started investing in bitcoin with very little knowledge and learn as he goes. One of the main pieces of knowledge a guy needs to get started is whether or not he has any discretionary income, and then if he decides that he does, then he can pick how much he is going to start out with, and if he does not know much about bitcoin, then he would start out more conservatively until he gains more knowledge he can increase his level of aggressiveness.
Anyone investing should be motivated to investigate further into bitcoin as they are investigating. They do not need to investigate or have a lot of knowledge before starting, except maybe to be able to determine whether they have discretionary funds that they can put in to bitcoin as they are learning more about bitcoin and learning more about their cashflow management systems and practices.