Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Jostern
on 09/09/2025, 14:55:00 UTC
⭐ Merited by JayJuanGee (1)
It's kind of weird when an investor thinks he can completely know everything about bitcoin which to me is impossible,it is even worse if he starts waiting until he knows everything about bitcoin before he can start investing. Somehow it is creepy for a person to venture into Bitcoin without understanding how it works because by so doing he may start investing wrongly with the mindset that he is doing the right thing when he's not. My points is, trying to have too much knowledge about bitcoin isn't necessary rather what is important is understanding how Bitcoin works and how to invest rightly.
That is, general knowledge about Bitcoin is definitely required. If you have general knowledge about Bitcoin, I think it will never be a problem to start investing, but if someone delays investing to gain deeper knowledge, then he is definitely making a mistake. It is very important to know the basic concepts clearly, because without this, you will not be able to implement the investment properly. You have to master the necessary concepts and start investing, but you cannot waste time waiting to gain additional knowledge.
I’m quite confused on what you meant by general knowledge, most times when we say thing here, we might end up making it look like bitcoin is very ambiguous and difficult to get started, like I always say considering that we’ve a discretionary income then we are definitely good to get started with investment in bitcoin, but people thinking that they need to get all the necessary information and knowledge about bitcoin is absolutely ridiculous because there is no way one can learn everything all at once, that is why it’s always better to get started immediately when we have a discretionary income, the. Afterwards as we continue to invest then we can also be learning along the lines, I think as soon as we’re ready and learn how to grab the little knowledge of making use of an exchange in general and buying bitcoin then I must say we are good to go with our Bitcoin investment.