Quote from: Iroh on Today at 08:47:43 PM

Quote from: Okuri on September 06, 2025, 10:16:04 AM

if you're buying Bitcoin, only use spare cash you can afford to lose, and research well before jumping in

Yup, like any other high risk investments, it's extremly advisable to invest with money that you can afford to lose. And with literally every investment you put your money into, you ought to do some good research to be well versed with it less you face the risk of losing out on your money cause you failed to realize it was a ponzi scheme and not a viable investment opportunity.
Some newbies to bitcoin could hurriedly invest with a good chunk of money and then, get jumpy due to its volatility further down the line and would then sell off his coins, likely at a loss.

To know some of the basic and most mandatory terms that surrounds the use, accumulation and trading of Bitcoin and the Blockchain ecosystem is a good addition to take serious note of when in the shoes of a newbie just joining the Bitcoin bandwagon.

Any newbie to Bitcoin that hurriedly sell off their investment has been a victim of FOMO and while it would help to know the meaning of FOMO, it is good to increase one's vocabulary on the subject matter of Bitcoin and the Blockchain ecosystem.