Quote from: Proty on Today at 05:59:17 AM

Quote from: abaeze on Today at 04:21:20 AM

Quote from: ejikeme24 on August 14, 2025, 09:47:13 PM

Quote from: Proty on August 14, 2025, 08:47:37 PM

I think the most important thing is knowing if one have discretionary income to invest with, if the discretionary income to invest with is available getting the right knowledge can be done while accumulating. Since we will be moved to know more about bitcoin especially when we have already started investing. So the key thing is to be able to determine whether we have a discretionary income to invest with all other things that we need to know can be learn while accumulating.

You're right but I think having the basic knowledge need to come along after a Guy must have figured out his discretionary income before getting started, because failure to get the basic knowledge can make one to make unnecessary mistake. And yeah, when you have the basic knowledge and also knowing that you have a discretionary income to start with, you don't necessarily need to wait until you acquire all the knowledge about bitcoin investment than to get started. As a beginner the basic knowledge is what you need for a start because waiting to get all the information/knowledge about bitcoin investment is just like a waste of time still you won't be able to get it all not until you get started.

There are many people who have money but do not have the mindset and knowledge to invest in Bitcoin, and there are some people who have knowledge but are unable to invest due to lack of sufficient money. Knowledge is not everything, a person does not need much knowledge to start their journey in Bitcoin, if someone starts investing by being a little aggressive or by continuing to invest through consistent and regular purchases, then he is an investor and that is what he needs to invest in Bitcoin.

Because aggressive investment behaviors strengthen knowledge and determination, knowledge and determination strengthen buying behavior. If you do not make mistakes, it is hoped that through your Bitcoin buying activities, your strong cash flow management and Bitcoin buying will be practiced for you. And through this practice, a positive investment power will grow within you that you will continue to feel within yourself.

No matter what we shouldn't undermine the important of knowledge in bitcoin investment without basic knowledge we can't really know if we have the discretionary income that is needed for investing in bitcoin. However knowledge is useless without action, for that all we need to start investing in bitcoin is basic knowledge and the ability to determine whether we have the discretionary income to invest with. Therefore every other thing we need to know as regards our investment we can learn it along the line while accumulating bitcoin.

You can develop further in investing only through proper application of knowledge. Starting Bitcoin accumulation is more challenging for new investors. Once he can start, it becomes easier for him because for most newcomers, overcoming the initial stages of investment is more challenging and important. If you can endure the initial stage you can become a successful investor in investing. To start Bitcoin you need to have basic knowledge as well as discretionary funds. Instead of discretionary income because some guys start accumulation Bitcoin by saving from session fees received from their parents or by funds by doing part time jobs. Accumulation Bitcoin through this method should not be called discretionary income but you should call it discretionary funds.