Post
Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Humblevirus
on 14/08/2025, 18:40:30 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.
I agreed with your points. As long as someone can get started with basic knowledge, they will surely be motivated to learn more about Bitcoin. In fact, I view someone waiting to gain deep knowledge about Bitcoin before starting their investment as wasting opportunities because it really takes time to fully understand Bitcoin.

The thing is, Bitcoin investment is not like trading, where it's always said that one needs very deep knowledge before starting and despite that someone will still lose because it not a good way of making money from bitcoin.Bitcoin investment is easy to start, as long as someone have some basic knowledge and discretionary income.