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.
You don't need to have the knowledge of a school teacher to understand Bitcoin. Anyone with basic knowledge of Bitcoin and a reasonable income can invest in Bitcoin. Only those who invest and want to learn at the same time can move forward quickly.
Again, if someone wants to understand the real taste of Bitcoin, then they should not sell but buy and hold for a long time. Many people fall short of their original goal before reaching their desired goal. They sell out of fear or panic and destroy their long-cherished dream. So if you really want to invest, then you should buy Bitcoin very quickly without waiting.
There is a lot of debate about whether one should start after learning or start before learning. However, I think that neither just starting nor theoretical knowledge is enough alone. Just as sitting around acquiring theoretical knowledge is a waste of time, jumping in blindly is dangerous. The most effective approach would be to invest consciously, where I will continue to invest and learn at the same time. Many people see Bitcoin as a way to get rich and they are the ones who lose the most.
A person who does not know much about Bitcoin. Seeing that the price of Bitcoin is increasing, everyone is buying it, he thought it was an opportunity to get rich. So he also bought $1000 Bitcoin. After a few days, it fell by 10%-12%. He got stressed and panicked. He did not understand whether this was a normal price fluctuation or an indication of a big loss. As a result, he sold it out of fear. Although he lost because of his own mistake, But he thinks,' Bitcoin means loss'. There are many people who do not know anything, do not understand, do not invest in the right way without a plan and end up losing money and ultimately blame Bitcoin.
But another person who acquired basic knowledge about Bitcoin and similarly decided to continue learning and investing. . He started investing $50 per week in the DCA method. Even though the market fluctuated, he did not panic because he knew that this was normal. In addition, since the average purchase price was stable in the DCA method of investment, he did not have to think much about the price. In this way, he is learning a lot about Bitcoin along with investing. He has kept his average investment price under control. He has remained calm and continued his investment consistently even during market volatility. The reasons for his success in the long term are that instead of investing big, he started small and continued to learn and invest simultaneously so that neither is stuck for the other. He has maintained the mentality of learning patiently and investing for the long term without falling victim to FOMO.
From the example of these two, I basically want to say that it is necessary to have some basic ideas before investing, but you should not miss the opportunity to wait to learn. Start with small amounts consciously and continue investing while learning, so that the risk is limited, the stress is low, and the learning speed is based on real experience. And this experience is more effective than learning from books. In this, DCA plays an important role. I think DCA is not only an investment strategy, it is also the most effective way to learn. In this, a new investor can gain experience with small amounts, observe the market in reality, get the opportunity to understand his emotions, and step by step, both investment and education can be taken forward together.