Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Silikiem
on 19/09/2025, 22:56:02 UTC
You can also get started without understanding it all
I disagree with you that anyone can invest into bitcoin without have any knowledge of bitcoin at all. You must have the basic knowledge of bitcoin before you can start your bitcoin investment or someone is there to guide you. If you don't know anything about bitcoin, how will you know that you are invest in a long-term and that the price is volatile and you shouldn't sell in panic whenever there's a dip.

This is the reason why a lot of people jump into bitcoin investment and think that it's a get rich quick scheme and run at loss because they fail to learn the basic knowledge of bitcoin and understand how they can plan on investing and hodli for a long-term.

I can take myself as an example, in the beginning when I heard about bitcoin due to lack of the basic knowledge of bitcoin, I thought that it's only for trading and never knew that investing in it for a long term plan is the best. I also invested in shitcoin because I don't know the difference between bitcoin and shitcoin because I didn't make any research. Anyone who wants to start his bitcoin investment must have the basic knowledge of bitcoin and increase his knowledge as he is building his bitcoin portfolio.

@Merit.s, I think you’re misquoting the message @cossyblack is trying to pass here, and as a matter of fact you both are almost certainly in the same frequency. The message said “you can also get started without understanding it all” the message didn’t say you must have an ample or basic knowledge of bitcoin at all, it means that you must not wait to understand everything about bitcoin before you get started in investing in bitcoin once you’re desirous to invest provided that you have a discretionary income to accumulate with. And yes, for me i think what cossyblack is saying is very obvious because personally I’ve always advised newbies who are desirous to investing in bitcoin to get started with accumulating bitcoin once they have their discretionary income available instead of them waiting to understand Everything about bitcoin before they get started. You must not understand everything about bitcoin before you can start investing in it as you can always learn and unlearn so many new things while accumulating bitcoin and also make some adjustments and decisions along the line to further enhance your investment growth and success for the long term. No one is a master of bitcoin and even most old Investors are still learning new things and also making some decisions with their investment. As a matter of fact, the best way to know more about a particular thing is by practicing it and really getting involved. That’s why i said one must not wait to understand everything about bitcoin before getting started in accumulating and investing in it, the most important thing is to be able to figure out a discretionary income for it.