Yes you don't need to know much to keep your Bitcoin but you need to know much about privacy and how to stay safe so you don't become victim of circumstances. There are holders that had lost their assets as a result of mistakes they know nothing about. This is why you need to understand enough about how the price moves and the Bitcoin blockchain so that scammers do not try as much to convince you to click on a phishing link so you can claim more crypto tokens for free. I have seen something like this many times on Twitter in form of ads that makes me think why Twitter has to accept such kind of ads.
It is really important to have a basic knowledge of bitcoin before starting to invest in bitcoin. Also holding bitcoin for a longer term requires a thorough plan that should be able to keep the investment going. The more people are coming into bitcoin investment the more scammers are also increasing, hence there is need for one to always be updated on the latest security tips to avoid being scam or hacker as a result of ignorance.
Having adequate knowledge about Bitcoin is a prerequisite to staying safe as an holder. Whatsoever asset we are holding, it is necessary to know about the asset so we don't become victim of scam because of lack of understanding and privacy precautions.
There are a lot of profits to be made when holding girl assets like Bitcoin for a certain periods of time. I know that the price of Bitcoin has not been stable for a while now giving opportunity for buyers to hold as the price of Bitcoin continue going bull. Traders can also long the market preparing for the bull run.