I just like the way you make your comments and speak your mind without sugarcoating anything and you stick to your plans and strategies. Truly all we’re discussing and repeating is how guys can accumulate bitcoin effectively and as each of us are different so also is our mental and financial capabilities. So one should study, learn, practice, plan and re-strategise to find out what works best for him and what suits his financial capabilities and stick to it.
Hearing your suggestions and opinion is always enlightening to me, even when you’re against popular opinion, I just know it comes from a place of experience and Knowledge. It’s always good to have different views on certain topics for a better learning.
If a person waits to invest, to study, to learn, to practice, to plan and to re-engineer before investing, then it will never be the right decision. Because a person needs to start investing first. It does not require much to start investing, if a person has basic knowledge about Bitcoin and a source of discretionary income, then that person can start investing. If a person waits to gain knowledge, then it will never be the right decision. You can learn everything after investing. So we never need much before investing.
Mr Loyang did see any where in my comment that says wait to invest? Or any phrase suggesting you should wait to know everything before investing?… Please read that again and understand the concept of my writing.
The Journey of bitcoin investment is not a one way ticket, it involves a continuous process and this involves STUDYING to know more about bitcoin and it’s technicalities, LEARNING new ways of investing (improving on the initial knowledge you started on), You PRACTICE (that’s investing) what you’ve learnt, practice is the only way you know for sure if you have the right knowledge and strategies or not, You PLAN your Finances and make out enough discretionary for your investment purposes (creation of emergency and reserve funds, percentage of discretionary money that goes into bitcoin), from time to time you check out how well you’ve accumulated and what you can improve about your strategy you RE-STRATEGISE if need be and that’s how you grow in this space, and at the end you must have known by experience what works best for you. As you increase and grow in your accumulation, you adapt new strategies, how a newbie is investing isn’t same as an oldie who’s almost close to his over accumulation.
I hope this is more clearer to your understanding.
You are making Bitcoin investment look ambiguous in the eyes of newbies, and they will think that they need to know everything about Bitcoin before they can start investing in Bitcoin, and it might delay them from starting their Bitcoin investment. I agree that Bitcoin investment isn't a one way ticket, but if you want to invest in Bitcoin, you don't need to know everything about Bitcoin and it technicalities; you just need a basic knowledge of Bitcoin and a steady source of income that guarantees discretionary income, and you are good to get started with Bitcoin investment. You can learn anything you want to know about Bitcoin along your accumulation process.