Quote from: DaNNy001 on Today at 03:04:46 PM

First thing you actually need before investing in Bitcoin is knowledge, you can have the money and still end up doing the wrong thing which might cost you your capital...Take out some time to work on learning about that crypto market so that you would be able to identify things that are fraudulent so you don't fall for a Bitcoin scam...patience is key and without it you might not benefit much from it

You're right, knowledge should be the first think to think of before looking for a way to build a discretionary income. Because you can't wake up one day and start investing into something you know nothing about, is wrong.

So as a new investor who is about getting started with bitcoin investment you really need to go for the knowledge before looking into any other thing, even though you may not get all the knowledge but having the basic knowledge is enough for you to get started, Maybe in during your accumulating process then you will get to know more. And surely, if you don't have the basic knowledge you can't easily detect scam. but with the help of the knowledge you can be able to detect any scam that comes your way.

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