I think the most important thing for every newbie who is interested or desirous to invest in bitcoin is to be able to figure out just a discretionary income and get started first with their accumulation of bitcoin instead of wasting time trying to understand everything about a highly volatile asset like bitcoin. No doubt, having a basic knowledge of bitcoin is good and is going to go a long way to helping newbies in their accumulation and investment journey, but I do not buy to the idea of you saying that they must understand bitcoin first and if they don’t have such understanding of bitcoin, that they shouldn’t buy bitcoin.

I think is better they get started first with accumulation of bitcoin once their discretionary income is ready, I specially advised newbies who are desirous to invest in bitcoin that is pertinent for them to get started immediately with their accumulation of bitcoin and hold for the long term goal once they’re able to figure out a discretionary income to invest with, the reason is because Bitcoin is very volatile and you can’t understand everything about such a volatile assets like bitcoin, even most old investors who have been investing in bitcoin still have to learn and unlearn at some points and try to make some adjustments and implement important decisions in their investment strategies which will further enhance their improvement in their bitcoin ecosystem and investment. If they should wait to understand everything, they are surely going to miss out on various investments opportunities, and that time they’re probably waiting to understand everything about bitcoin would have been used to accumulate a reasonable amount of bitcoin stash in their portfolio. Sometimes they say we learn and understand more by doing. And i think they will be able to improve more with their bitcoin investment when they’re fully involved in it which means that they should get started immediately with accumulation of bitcoin and hold for the long term goal once they have the discretionary income available, and along the line they will be able to understand more and also be able to make some improvements with important investment decisions that will see them through a successful bitcoin investment journey.