Bitcoin and education | Bitcointalksearch.org

cydrix

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Quote from: rachael9385 on March 03, 2023, 12:34:40 PM

My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

Good question.

Certainly, even someone with limited education can learn the fundamentals of Bitcoin with enough work and research. While having a background in computer science or finance may be advantageous, it is not necessary to grasp the underlying ideas behind Bitcoin. I am currently studying a program not related to any of it. Just give some time and you'll learn. However, it's important to remember that understanding Bitcoin trading requires having a foundational understanding of financial principles like supply and demand, market patterns, and risk management.

wiss19

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In which country do you leave OP? If bitcoin is banned there then your decision of not investing in bitcoin is right. If not, and your locality is only not knowledgeable enough in bitcoin, you should not follow them. You must follow your passion or on what your heart says and just ignore the noise around you because those people are only jealous or don't want you to succeed.

To your main question, yes you can invest in bitcoin even if that is the only education you attain in your life. Bitcoin is not like formal job where everyone is required to finish college. The only basic requirement here is that you know how to read and write and you have a common sense and a capital to burn on.

Inwestour

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Quote from: Jody.Drummer on March 06, 2023, 11:09:58 AM

To be honest high school is also education btw Cheesy

I have a friend and he is really out of school but he can manage a good financial condition and is in bitcoin from 2013 and his life is way better than mine by comparison.
I think this is not a problem of what environmental conditions and what education is pursued but it comes back to ourselves whether we are able to carry out what we aim for.
Being in bitcoin doesn't have to look at educational background, I think because this really exists for all people. success or not is determined by yourself not from how high the education is when you are in bitcoin.

A person may want to learn something new, at any time, and this does not require a school or university. My mate finished only seven classes, but his parents have a very successful business, they have several stores of their own and besides that they have wholesalers who buy goods from them. He did not want to finish school and go to university, but he is a successful person, he has the opportunity to do anything, he is a free person. Yes, this is not a story about bitcoin, and not everyone has such rich parents, but this is an example of the fact that education does not always play a decisive role, there are always exceptions.

CryptoBuds

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Quote from: rachael9385 on March 03, 2023, 12:34:40 PM

bitcoin and education.
If this post is not permitted to be here please help me forward it.

I want to ask a little question here because I don't won't to be a victim of a big loss.
Now that I have not invested in bitcoin because I haven't learned much about bitcoin investment based on the situation in my locality, I want to know the right answer to my question.
My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

I want to say that investing in bitcoin has no age limit, no distinction between rich and poor, regardless of education level... as long as you think you can afford to invest in bitcoin, try it now, and don't feel guilty because of your education level.

Nowadays, with the development of technology, there is a lot of information about bitcoin, and you will easily find it with a computer connected to the internet. Take the time to get started with bitcoin and judge for yourself, then make your own decision whether to continue or stop. For me, a low level of education is not a big barrier that cannot be solved.

D ltr

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Quote from: rachael9385 on March 03, 2023, 12:34:40 PM

My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

statistics in terms of what is this? as long as I know bitcoin I have never studied the statistics you mean
my basis for investing in bitcoin is just reading up and down charts, when is the right time to buy and sell
, and most importantly continue to dig up your crypto knowledge and updates. educational issues will not affect people who want to know what bitcoin is and how it works because people who enter the crypto world are only people who are ready to lose and are always committed to learning so there is hope that the person will become very good at trading

Jody.Drummer

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To be honest high school is also education btw Cheesy

I have a friend and he is really out of school but he can manage a good financial condition and is in bitcoin from 2013 and his life is way better than mine by comparison.
I think this is not a problem of what environmental conditions and what education is pursued but it comes back to ourselves whether we are able to carry out what we aim for.
Being in bitcoin doesn't have to look at educational background, I think because this really exists for all people. success or not is determined by yourself not from how high the education is when you are in bitcoin.

Jawhead999

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Quote from: Luzin on March 06, 2023, 10:45:01 AM

I think if he could already read and write it would be enough to understand Bitcoin. The school only gave evidence that he had never given the school gave no evidence he would master. So understanding Bitcoin crypto is not necessary to go to school, read, see and practice will make him understand.
Even though I never knew so far, is there anyone who can read and write without school. But as long as I'm familiar with bitcoin crypto, there are very few parts that I can use to get involved in crypto. I got more knowledge from reading and seeing.

Yeah just like how all students are forced to learn all subjects, not all students are interested with math, language, art, physical education etc. When they're not interested and forced to learn about the subject, they will not be focus and actually don't want to know anything about it. Some people didn't even become rich too because they're live in this world isn't for materials goals, but only to achieve their religion's goals.

Luzin

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Quote from: Crypto_H on March 06, 2023, 10:34:43 AM

I think they can understand the statistics of bitcoin investment or trading with some effort and learning.

While a formal education in statistics or finance can be helpful in understanding the intricacies of bitcoin investment and trading, there are plenty of resources available online that can help beginners learn the basics.

I think if he could already read and write it would be enough to understand Bitcoin. The school only gave evidence that he had never given the school gave no evidence he would master. So understanding Bitcoin crypto is not necessary to go to school, read, see and practice will make him understand.
Even though I never knew so far, is there anyone who can read and write without school. But as long as I'm familiar with bitcoin crypto, there are very few parts that I can use to get involved in crypto. I got more knowledge from reading and seeing.

Crypto_H

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Quote from: rachael9385 on March 03, 2023, 12:34:40 PM

bitcoin and education.
If this post is not permitted to be here please help me forward it.

I want to ask a little question here because I don't won't to be a victim of a big loss.
Now that I have not invested in bitcoin because I haven't learned much about bitcoin investment based on the situation in my locality, I want to know the right answer to my question.
My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

I think they can understand the statistics of bitcoin investment or trading with some effort and learning.

While a formal education in statistics or finance can be helpful in understanding the intricacies of bitcoin investment and trading, there are plenty of resources available online that can help beginners learn the basics.

For example, there are numerous online courses, tutorials, and YouTube videos that cover the fundamentals of cryptocurrency trading and investment, including the use of technical indicators and analysis tools. Additionally, many cryptocurrency exchanges offer educational resources and tutorials for their users.

Sanjna_connect

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I would not invest in any asset without being educated.

That does not mean you need a high school diploma or a college degree, it just means that you need to educate yourself on the fundamentals of economics, finance, and bitcoin.

Wizzer.io is a free bitcoin and finance education app.

It teaches users the most basic to the most advanced topics in a fun and gamified way.

I know many people who have learnt well through this app.

soramon

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It is possible for someone without higher education to understand the statistics of Bitcoin investment or trading with the help of online resources such as courses, video tutorials, and articles. It is important to take the time to learn the basics before investing money, as the market can be volatile and risky. It is advised to only invest what you can afford to lose and to seek advice from a financial advisor before making any investment decisions

Mpamaegbu

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Quote from: rachael9385 on March 03, 2023, 12:34:40 PM

My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

By saying "well educated", that means the person has a little form of education to start with. With little education of knowing how to read and write, anyone can venture into anything they're ambitious to do. What matters is the willingness to learn new things. Most of us here didn't have an iota of idea what Bitcoin was until we stumbled on this forum. I know a few who now teach others. So, start by learning the basic stuff about Bitcoin and you will be surprised how much more you will get exposed to. Don't let your lack of a tertiary education debar you from going into Bitcoin investment.

ringgo96

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if you want to learn about the world of bitcoin then it will not be impossible for you to understand the performance of bitcoin and how to invest, and you need to know that nowadays there are very many successful entrepreneurs who can run a business to the maximum and their background is only graduated from elementary school, but they have ambitions so great that everything can be passed easily, And so it is about Bitcoin and how to understand market movements we can learn by consulting with those who have been in the crypto world for a long time.

LogitechMouse

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Quote from: rachael9385 on March 03, 2023, 12:34:40 PM

can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

What do you mean when you say "statistics".
Well, I will just disregard that word.

Anybody as long as he can read and write and has willingness to learn what is Bitcoin or cryptocurrency in general can invest or trade. This might be a different analogy, but it's almost the same. Just look at those businessmen today. Some of the didn't finish their studies, and yet, they are very successful now. They invested their time learning how to build a business, and now they are millionaires or billionaires now. As for you, you can also learn and gain knowledge and information that will help you in your Bitcoin investment and trading journey. What you just need is courage, willingness to learn, patience, and of course capital. Cheesy

Investing has no borders. Whether you are a person coming from remote area or you're the poorest in your community. You can still invest as long as you are capable and knowledgeable enough.

Alisha-k

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In as much as you have the ability to read and write.
The ability to understand after reading and assimilate what has been read to generate knowledge.
They're no barriers as regards who and who can invest in Bitcoin.
And most importantly, you're willing to learn, I believe you'll be teachable cause that's another trait to possess.

All the best in your learning process.

Oasisman

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Quote from: rachael9385 on March 03, 2023, 12:34:40 PM

My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

Absolutely, there are no borders between how high or how low your education is in any investment, as long as you understand the risk associated into it.
You speak english very well, so there is no reason for you not to understand the different kind of price analysis, forecast, and Bitcoin related news in the internet.
Putting your money in Bitcoin doesn't require complex mathematical equations or scientific calculations.

Obari

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Quote from: rachael9385 on March 03, 2023, 12:34:40 PM

bitcoin and education.
can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

Definitely yes
Bitcoin is for everyone irrespective of your age, class, qualifications or what so ever provided you're ready to learn the rudiments.
I'm glad you had the boldness to ask to know before making any attempt of investing in crypto and just a reminder that cryptocurrency is a digital asset (currency) which is very volatile, at such as the possibility of rising or falling and I also want you to know that nothing is guaranteed in the crypto industry.

I would advise that you take your time to read more about
About crypto below
https://bitcointalksearch.org/topic/general-bitcoin-wallets-which-what-why-1631151
Welcome to the forum and I want to assure you that you're at the right place if you want to truly learn about Bitcoin.

fuguebtc

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Quote from: LastKiss on March 05, 2023, 09:55:50 PM

Quote from: rachael9385 on March 03, 2023, 12:34:40 PM

~snip~
My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

Bitcoin trading or investing is not based on how well your education is, even old people with their bachelor's degrees can't compare to those who trading bitcoin for years. If you want to learn about BItcoin it's better to start now and learn something small day by day along with your native education.

Even highly educated people have no guarantee they can make a profit in this market. Education level is not an entry criterion for bitcoin investment. As long as OP has passion, determination and constant efforts, nothing is impossible.

OP, being a beginner will inevitably have many difficulties and failures at first, hope you don't give up soon. If you don't get a good job because of your education then bitcoin might be a good alternative for you, you have a chance to improve your economy with bitcoin.

GreatArkansas

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Quote from: LastKiss on March 05, 2023, 09:55:50 PM

Quote from: rachael9385 on March 03, 2023, 12:34:40 PM

~snip~
My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

Bitcoin trading or investing is not based on how well your education is, even old people with their bachelor's degrees can't compare to those who trading bitcoin for years. If you want to learn about BItcoin it's better to start now and learn something small day by day along with your native education.

It's good that OP started not to buy first before learning what really Bitcoin is, that's a good move for me because when it comes to investment, cryptocurrency-related or non-cryptocurrency related, it must be always to know first what thing you are investing in, know first where you put your hard earned money. So that in the future, you will not blame other people because of your own mistakes.

xSkylarx

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Quote from: LastKiss on March 05, 2023, 09:55:50 PM

Quote from: rachael9385 on March 03, 2023, 12:34:40 PM

~snip~
My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

Bitcoin trading or investing is not based on how well your education is, even old people with their bachelor's degrees can't compare to those who trading bitcoin for years. If you want to learn about BItcoin it's better to start now and learn something small day by day along with your native education.

Trading is a skill that you can learn on the internet, as we can find tutorials online. There is no need to get into school, no matter how old you are, and all you need is determination and effort to get those. Though others will try to go to school to learn more as there are sometimes tutorials online that are too broad, they will try to learn more in school, but others also are going to have experience to help them learn more.

Topic: Bitcoin and education (Read 399 times)