Post
Topic
Board Nigeria (Naija)
Re: Things you need to know before investing in Bitcoin
by
JoyceBTC
on 07/09/2025, 19:59:10 UTC
First thing you actually need before investing in Bitcoin is knowledge, you can have the money and still end up doing the wrong thing which might cost you your capital...Take out some time to work on learning about that crypto market so that you would be able to identify things that are fraudulent so you don't fall for a Bitcoin scam...patience is key and without it you might not benefit much from it
Thank you very much for this point you just made, cause it will be helpful to some of us here that are new to the bitcoin world. The OP made mention of having money and patience, that’s a good one but without the crypto knowledge it will definitely be hard to strive through.

Same thing applies to when you want to get a product without having knowledge of how to use the product even when you have the money. You can buy the product and end up regretting why you bought it because you don’t know how it’s properly used or the product might tend not to last for the period it’s supposed to because it’s been misused.

So making research is necessary before investment.