Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Mr_Brilliant$
on 22/09/2025, 21:39:22 UTC
⭐ Merited by JayJuanGee (1)
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.

I think you did not really get what he meant bro, he never said people should just blindly jump into bitcoin without any knowledge at all. What he said was that you do not have to fully understand everything about bitcoin before you can start investing.. There is a big difference between the two. Nobody is asking a beginner to come in empty headed, but it is also not mandatory to know every single detail about mining, halving, nodes, or the whole tech before buying your first Bitcoin… With just the little basic knowledge, like knowing it is volatile, long term, and not a get rich quick thing, and few others you can already start small and keep learning along the way…

If you look at it well, that is how most people actually got into bitcoin, including myself, They started with the basics, then as time went on, their knowledge grew and their confidence grew with it..  The truth is if everyone waited till they understood every single aspect of bitcoin, majority would never even start at all. The important thing is building the habit of investing, holding, and learning as you go. The truth is experience itself will teach you things that no amount of research can give, and that is exactly why starting early with little knowledge is better than waiting forever to know it all…