Post
Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Barikui1
on 14/08/2025, 07:19:40 UTC
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.
All that you said here are actually true sir, knowledge comes in stages and an investor don't has to know it all before starting, having the basic knowledge about it and how to accumulate with his discretionary funds is ok, along the line he can seek more knowledge on all that is needed to be successful in his investment, where the major challenge normally lies is that most folks thinks that they must know a lot before starting, and by seeking more knowledge without starting first, they will be wasting more valuable opportunities that should have been used to accumulate Bitcoin.

Sometimes these guys don't even know that you are only investing from their discretionary funds, they acted ignorantly by investing first before thinking of sorting out their basic needs, which might compel them in most cases to temper with the Bitcoin they have initially acquired, so having knowledge to me is important but it's not enough, what's enough for me is having the right knowledge and and acting when you should have acted, not tomorrow or next tomorrow.