Quote from: Gost ms on Today at 06:26:21 AM

Quote from: Catenaccio on Today at 03:41:50 AM

Quote from: JayJuanGee on Today at 02:56:06 AM

I think that the point is that if a person is either brand new to bitcoin or considers himself to not have enough bitcoin, then he has to buy bitcoin in order to be prepared for UP, since he does not know if the BTC price is going to go up or down.

If any person joins this market with purchases and with a belief that Bitcoin price will go up, up, up and up, it's terrible thinking and horrible start. Bitcoin market is similar market, which can not rise forever and has up and down, bull market and bear market. Any people join Bitcoin market must know about it, and be clear about why he buys bitcoins, how long he can hold his bitcoin after purchases. It requires knowledge, and strategy for buying and holding, not simple.

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If he does not buy, then he is taking a chance to want to buy bitcoin at lower prices than the current prices, yet those lower prices might not happen. If they happen, then is that when the buying starts?

They must start with learning.

Learning about Bitcoin market cycle.
How long does a Bitcoin market cycle last?
Which percents of corrections from ATHs to bottoms of past bear markets?
Which ROIs from bottoms to ATHs of a next market cycle?

Many things for learning but these things are important for their knowledge, mentality preparation, finance and investment capital preparation as well as strategies for their purchases, holdings, and withdrawals.

Bitcoin performances in October months so far.

A new person does not need much to invest in Bitcoin. As you said, if a new person is willing to learn or gain knowledge about these things, then he will never be able to start investing. A new person needs to start investing in the first place, if a person has basic knowledge about Bitcoin, faith in Bitcoin and a source of discretionary income, then he can start investing. If a person has these things in his mind and waits to invest in order to gain more knowledge, then it will never be the right decision. A person needs to start investing first. After starting investing, a person can gain more knowledge in a deeper way. Waiting to invest in order to gain knowledge will never be the right approach. It will be better for an investor to learn the things you mentioned after starting investing.

How long does a Bitcoin market cycle last? No one can ever say. Because Bitcoin is not under anyone's control. Bitcoin is not controlled by any person or bank. If there was a person or bank controlling the stream, it might have been said.

If one is busy acquiring knowledge before making an investment, then he is not really interested in investing or investing. I think that to invest, firstly, he needs to have a source of income and secondly, he can invest only if he has some knowledge about Bitcoin, but I would say that any person can invest if he wants and he can become prudent while investing, but he will not be so prudent before investing. When a person invests, he will gradually gain knowledge from there and understand about investment and he will also understand when to invest. But you can definitely invest because no one can say which way the Bitcoin market will go and it is not under anyone's control, so you should definitely invest. I think you are suitable for investment because you are interested in investment and you have at least minimal knowledge about investment. To invest in Bitcoin, you do not need to gain much knowledge, you just need to buy it by paying attention to Bitcoin and when the Bitcoin market speed limit is going.