Quote from: ruykeri on September 18, 2025, 05:43:53 PM

Quote from: Futurexxx on September 18, 2025, 11:05:36 AM

Quote from: Loyang on September 18, 2025, 08:47:17 AM

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If a person starts investing by acquiring only basic knowledge and then if he continues investing without acquiring any more knowledge, then he may collapse after a while. For example, due to lack of proper financial management, due to wrong decisions about investment, etc. Therefore, it is very necessary for a person to gain knowledge after investing.

What you are saying here is very true, basic knowledge alone about Bitcoin is not enough for a Bitcoin investor to have an be successful on the longer run, what all Investors are advice to do after starting is to seek for more knowledge on Bitcoin and what needs to be done to hold effectively, like having an emergency and reserve funds in place so that if for any reason an emergency situation arises in the future, you wouldn't have to fall back to your investment for survival or dip hands into your investment just to sorts out one emergency needs.
Lack of the right knowledge is mostly the brain behind most Investors failing in their investment, that's why going for more knowledge on Bitcoin is very much fundamental to the success of your investment.

I don't think it's right to invest in Bitcoin with just basic knowledge. You need to have a good understanding of the important fundamentals of investing, including Bitcoin. Because if you don't know the fundamentals of investing, you are likely to make mistakes in the future, and making the wrong decision when it comes to investing in BTC never brings anything good.

You do not need fundamental knowledge to get invested into Bitcoin, the basic knowledge is enough. You can acquire more advanced knowledge as you progress into your accumulation journey. You might not be able to get all the fundamental knowledge as soon as you think and If you continue to wait to grasp it all, then you'll spend a lot of time learning and trying to master the theoretical aspect of Bitcoin and which you should've used to get practical and get some good stash of Bitcoin for yourself.

Worse case scenario you can end up as a spectator and not actually buying Bitcoin since you may never agree to have learned enough.

As long as you understand the basics and you're sure of having discretionary income. The best thing to do is to j get started, buy and plan to follow up your accumulation of Bitcoin with a long-term holding period.

No one gets into Bitcoin having everything figured out, you keep learning and advancing on your understanding of Bitcoin on the go and it's better you spend time learning about it in the market than outside of it.