Topic: Bitcoin and education (Read 445 times)

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.

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.

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.

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.

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

To be honest high school is also education btw
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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

You dont need a diploma to invest mate because this is not required here in cryptocurrency market nor you dont need to completely understand what is this,

what you must learn is that bitcoin is the future of all currency so investing isn't that hard to understand so buy now mare before it grows super high soon.

actually there is a need for education, and that is to be educative about Bitcoin and cryptocurrencies .

The schools are currently giving their children a good education because they are including everything related to btc and that is something that can take a lot of development, I do not agree with covering up the facts and just saying that fiat money is the correct money,No and because it is not like that,children must learn that there are much better investments than putting money in a bank, that there is a currency called btc that can fix their future, that is something they need to do and take it at all levels, in a few 15 or 20 years from now the world will have a better understanding of btc.

This is true, only a person who can read, write and understand can invest in bitcoin. Knowledge to invest bitcoin as well as how to succeed in investing, school does not teach us that. High or low level of education is not an issue with bitcoin investing. OP can comfortably invest in bitcoin without having to worry about his education.

Anyone with a good brain will understand Bitcoin trading and Bitcoin investment. No special educational qualification is necessary to understand it. But yes if you want to do something good from here then its information should be understood specially by your conscience.

indeed higher education is needed, but in my opinion in terms of bitcoin investment there is no need for higher education
because investing in bitcoin is not as difficult as you think,
because bitcoin investing is basically like this,

buy when it's low and sell it's high

and I personally have also failed to invest in bitcoin, but I don't give up and I learn from experience.
so the most important thing is not a matter of high or low education, but it's up to us whether we want to learn about bitcoin or not.

High education does not guarantee that a person can get the success he wants, especially if he can not improve his skills or expertise. There would be plenty of people who had the abilities and skills he had and if he couldn't leverage them, he wouldn't be able to compete for that success.

But in investing in bitcoin, one doesn't necessarily have a high degree or education to get started. But he only needs to have the will to learn about bitcoins, how to invest in bitcoins properly and how to manage the use of money to invest in bitcoins and others. He has to realize that investing in bitcoin has risks and learn how to overcome or reduce those risks.

A lot depends on the person, this can be seen even at school or university, when some study better than others, and there are almost always several people who master the program better than others. These are the people who, in my opinion, can become more successful in investing, or trading, because they can better read the market. And those who learn everything new with difficulty, it will take much longer, and they may not be as successful.

Maybe you are right, OP will have a bit more trouble using bitcoin than many others. But that can be overcome, my country has a proverb that "experience is the best teacher ". As long as he works hard, doesn't give up when facing difficulties, and does the same thing repeatedly, we will gradually get used to it.

To be honest, I was luckier than my brother to be able to finish high school, but my brother only finished middle school, and he is a forex trader. At first, he had difficulty reading documents and news in English, but now we have very good translation tools. It can be said that a degree is not a big deal when it comes to trading and investing.

I think there are lots of people who invest in bitcoin and end up being successful even though their education is not that high.

in my opinion, the most important thing in investing in bitcoin is willingness and interest.
but of course the most important thing is there must be an intention to learn,
In my opinion, don't make it difficult for yourself to invest in bitcoin.
or you can also try investing in bitcoin with a little money, with the aim that you understand and understand more about bitcoin.

The three important skills to develop above all things in school is how to read, how to write and how to understand. Once you can do these, you are very qualified to be trading bitcoins or be very involved with it. Some people devoted time to learning about bitcoins and you can too with your little education. You just need resources that you can devote time to reading and a guide or a community that you can take questions to whenever you have to ask. The most educated are not the most successful in bitcoins, bitcoin requires another form of education.

If you try, you can do it. You don't need higher education. You just need to learn about it specifically and devote yourself to it. Learn the basics first. When the advance knowledge comes up, and you can't understand it, just google it or YouTube. Or, the best option is to ask in this forum. There are many people always ready to help you.
And if you want to get into trading, it's simple yet hard, because you need to understand the concept of price chart and how the price moves. Practice makes you perfect. Learn and try. You will become a pro one day, for sure. You just need to keep going and not give up.
You should also educate yourself about risk management strategies, such as setting stop-loss orders and diversifying your investment portfolio. Don't invest all your money in one trade. But these are some knowledge that you need to know after you enter the platform. Take the first step and as you move forward, you will learn it eventually.

Bitcoin is for everyone, but I think it will depend on the quality of the highschool teaching in order to say if this person will be able to read charts and market's fluctuations in real time with excellency.

English knowledge also plays a big role when adopting bitcoin, so you can have access to global content and services. Depending the school and its respective country, the teaching of english can be really precarious, therefore this person won't be able to have the same performance and self-confidence dealing with bitcoin compared to a person of higher educational background.

Education can improve someone's experience in bitcoin a lot, especially inside economics field.

Everyone's situation is different, and it's not your fault for not being well educated. If you go looking for a job at a company, it's really a loss for you when you just graduated from secondary school. But with bitcoin investing, it is possible, and you will be treated equally as everyone else in the market. Bitcoin is for everyone, anyone can invest in bitcoin, as long as you know what you are doing and what to do when investing in bitcoin.

It's okay if you don't want to invest in bitcoin dude, especially if you're still in the learning process here. These are just some of the things you should think about, don't you wonder why many large companies accept bitcoin not only as a mode of payment online in their business but also hold it for long-term investment?

In addition to that, why do other countries such as El Salvador, as far as I know, have made bitcoin a secondary currency that most merchants accept bitcoin as a payment option, even Japan, and other countries?

Bitcoin is for everyone, regardless of age, young or old, male or female, rich or poor...As long as you are passionate about investing and know how to use a phone, you can easily participate in the investment. But for people who are not well educated or older adults, it will take longer than the average person to learn about bitcoin. As long as you are passionate, you want to invest and do not give up under any circumstances, bitcoin will never refuse you.

To understand what the cause of the OP's problem is, you need to read his recent thread. In fact, the life that the OP leads is much more complicated than most of ours. When there are problems with electricity and Internet access, the fact that the OP got to this forum is already a good thing to do.
OP, well done for wanting to improve your bitcoin knowledge. But you don't have to rush. Take the time to read the forum; you will get comfortable and begin to understand the difference between investing and trading. In fact, many talented people who developed on their own have succeeded. What matters is your desire. Always tell yourself to take your time and ask yourself what you don't understand. Come here for answers.
I want to believe that you will succeed. Do not give up.

Another example of how the ability to self-learn can bring good results. Education will not play a big role for a trader, because even an economic education will give an understanding of basic knowledge of finance, but will not give any practice. And specialized courses will purposefully teach the necessary skills.

The level of understanding you can attain is only dependent on your willingness to learn and apply that knowledge to any area of your life which also involves investment or trading of bitcoin. With consistency and focus, you can learn the basics of Bitcoin investment and trading, irrespective of your education level.
The main thing is getting access to a credible training program either a course where you learn online but I best recommend having access to a mentor that will guide you by the hand step-by-step through every process of understanding bitcoin trading and investment. I hope this helps you!
Don’t let anything limit you! Go ahead and learn! You can make it💪

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My very interest in bitcoin was immediately after my secondary education. I refused to be limited by my status at the time. I headed on to learning about it through articles, video trainings, etc. These resources helped me to get familiar with the basics of Bitcoin, its market trends, and the strategies applied for investment and trading.
Nevertheless, you should take your time to educate yourself also on the risks and potential rewards associated with Bitcoin because it is a volatile asset. With some effort/willingness to learn, even someone with a secondary school education can gain a very good understanding of Bitcoin investing and trading statistics.

Is there a desire to do so? If there is, anyone and anyone from any background can do it even if the person does not have a high education.
Many spaces are available for people who want to learn about investing both online and in person.
Instead of trading, it's better to learn more about investing. Trading and investing are clearly two different things.
Trading has a big risk compared to investing.

The short answer is yes. While more traditional financial tools (like stocks) may seem more accessible, Bitcoin is less confusing once you have the right information. What's more interesting, though, is your second question: can an educated person use Bitcoin effectively?

Well, I hope my answer has helped you understand how to get started with Bitcoin and determine if it's a good investment for you.

Investing in bitcoin can be used by everyone, whether he is educated or uneducated (he didn't graduate from high school), because the most important thing is that he wants to learn about investing, bitcoin and others can become a bitcoin investors. If someone is willing to learn, that is enough capital to invest in bitcoin. If you want to learn about investing in bitcoins and try understanding bitcoin trading, you can become a bitcoin investor. You can buy bitcoins at any price (especially low prices) and hold them for some time.

Your steps to ask questions, learn and gain knowledge before investing in crypto are correct.
Because basically we have to know what we are dealing with and we have to have a basic understanding of what we are going to do.
But if you have doubts and are not as confident as you convey, in my opinion it will only hinder your steps from doing something.
I think you don't need to be discouraged and not confident like that.
Crypto has always been open to everyone who wants to learn about it.
It doesn't matter who the person is with whatever background that person is.
If someone has faith and is always diligent and always adds insight, it is possible that they will be successful.
A professional and someone who was successful in crypto even before must have passed the beginner stage, right?
What makes each person different is how much determination and effort has been put into achieving that success.
So get rid of your doubts and self-doubt, so that it will make it easier for you to take the next step.

Basic education is important to know the basics in life. However, educational strata certainly do not apply specifically to people who invest. If the OP thinks that investment and other business worlds look at the level of education, then specifically only people with economics and business educational backgrounds are concerned with the fields you mentioned.

So everyone with a different educational background is welcome to enter the world of investment as long as they want to study harder on what will be their investment target, especially with digital technology that is increasingly sophisticated, all information in the world is very easy for us to access, some people even can afford it. realize his dream only by self-taught learning.

why not, even shopkeepers can also do it by studying. I mean, anyone who wants to learn, they can get what they want. a matter of time it adjusts to the ability of each person.
know that even people who are successful with their businesses are not because they are graduates of prestigious colleges. if you are not someone who has a high educational background, you can still learn and invest in Bitcoin.

if what you mean is to trade Bitcoin, yes you need to learn more about it. it will help you reduce the risk of loss. but in investing and trading Bitcoin, everything has a risk. you also have to learn it. in the learning process, all beginners will inevitably lose.

Yes, one doesn't have to be well-educated so that he/she can invest and trade in Bitcoin. For as long as you can understand, you can invest in Bitcoin. As to Bitcoin trading, it depends on how serious you want to be as a trader. You can actually trade without learning all those triangle patterns, head and shoulders, wedges, cup and handle, and so on. You can do away with those Fibonacci, RSI, golden ratio, and so forth. But if you really want to delve into serious day trading, it helps if you get yourself a little education about those patterns and tools and methods.

Definitely you can understand the statistics of Bitcoin investment or Bitcoin trading as long as you know how to read and analyze information.  It maybe hard but eventually when you are familiar with terms and graphical presentation of the Bitcoin market you will be able to understand the Bitcoin market.


But if @OP wanted to profit from buying Bitcoin then he needs to understand the price trend, the cycles and the right timing to enter the market.  All that can possibly be provided by learning TA aside from understanding the Bitcoin market cycle.

One who can understand what someone say can easily invest into bitcoin and participate in trading activities. After the usage of smartphones people are much used to technology. Even the uneducated does digital transactions with ease. The applications were developed in such a way that all levels of people can make use of it.

Apart, there are occassion in which it won't be believed by certain people due to its virtual availability. For them it is really hard to understand, because the minds weren't prepared to believe what someone says about bitcoin.

I most asset classes have a certain set of unique characteristics. First of all I would probably define the time horizon that I plan on investing or a timeline that defines for how long I don't have to liquidate the asset. Now if I know that 12 months from now I need to liquidate the latest, I would probably not recommend buying Bitcoin because if someone is unlucky and catches another bear market, they could be forced to liquidate in the worst possible moment. For shorter time horizons and if it is money you don't want to risk heavily, you got to stick with very low interest paying bank products I guess.

The more time you have, the better Bitcoin becomes in my opinion. Perhaps you invest in steps because should you be unlucky and catch another bear market, you have liquidity available to stock up at cheaper prices. Hence, the bear market doesn't affect but actually benefit you to a certain degree.

As soon as you have short time spans and cash that is not necessarily dispensable, Bitcoin is not for you.

That is why part of the education concerning Bitcoin should also deal with the market dynamics. I got into Bitcoin very early and I tell you I had a couple of nights sweating hard! If Bitcoin starts moving it is often faster than other assets do. That has slowed down a lot by now, but it can still be quite overwhelming either to one's advantage or disadvantage.

There are no exact numbers or statistics in bitcoin I feel, seems wrong perception or mindset from OP after losing much money from other investment way and try to earn exact profit in Bitcoin. I appreciated with your decision want to learn with Bitcoin, but can't guarantee you will earn profit consistency in Bitcoin or have opportunity losing your investment in cryptocurrency.

Long process for understanding about Bitcoin investment, I need more than one year how up next level but can't consistency for earning profit every time when investing in Bitcoin.

It's serious you question!, I don't know, I mean, you have to explain these things nowadays...there is have to explaining to young person, who was perhaps born in the 21st century, what the process is like to spend your money...

Surely you play  CS (or any game), Well, not getting killed in that game is more difficult than buying or spend $10 in bitcoin.

(and) With the matter of investing-trading, although it is different, is not as difficult either, no more than any activity that is intended to be developed.

You are living it, e.g. just to go to university you go through the stage of high school, well, here it is no different learn the basics.

Let's run an example (1st), but always is very important for everything that involves money, small amounts. So, How you start your experience in this game?, you are advancing little by little, what do you use? strategies!.

Anyway, let's continue, the kids today are playing Roblox (2nd e.g.) In this game there are two processes; 1st, to buy Roblox with real Fiat money, 2nd, then trade on the platform, buy and/or sell.

Nobody who was born before the 21st century had those advantages, you have had them.

Now, surely it is possible that you tell me I never accessed those Internet games, etc.

Well, at least they had to give you money for the allowance, food, etc.
This is OK!, that is right?

So, buying is in that case, (do we have to explain this?) a Coca-Cola, (3rd, e.g.) and trading is, taking that coke and selling it in glasses with ice to your friends at school, or in your neighborhood.

Then, if you bussines grow and it goes well, you sell them by the liter, and buy more, and the business grows, or! quite the contrary, you don't sell anything and you go bankrupt.

But if you lose everything, it was your venture, at least it in the third case, in the previous two it was time and money, but in all cases it is your time and the most important thing is money that you had available for those things and the best thing was your money.

Let's go!  today's young people were born for bitcoin.

It is time for young people to make Bitcoin viral, talk to your friends, learn about bitcoin!

---

^{Disclaimer:
Damn!, this is not an investment recommendation.}

Neither, that with the above, you are going to throw yourself into the void of investments, but! having that experience as information, leaves you with a bit of ability and advantage, by that I mean, if someone has some prior experience it helps and "it may be" that the way to start processing all the information to be on a level acceptable to understand the trade and its statistics, that is, it is more accessible to its understanding, because honestly, there are people who in their life have never had TDC, or pay bills or even had a job. Anyway... you are welcome.

Yes.
You actually don't need to understand that much technical stuff about it. You can buy it as easily as you do shop online and then you'll learn the rest later on.
But about statistics you probably are thinking, it's not really too confusing to know what it is all about. I think you mean about the history of it and you can simply view its charts that will show you its past runs through a graph and that's easier to understand than going through articles or any other method that might make you understand about it.

Being well educated in itself is subjective, you could be low on academics but be good at something else. I don't know what you mean by statistics of Bitcoin investment but I think trading can be learnt by experience and it doesn't need you to be that pure of a genius to learn it. If it's you asking the question then that curiosity is a huge part that you'll learn in the process, just expand your research skills.

Investing is rather easy and, as long as one has money he can lose (or keep locked for long time) he can invest. Historically, if one kept his investment untouched for long enough, ended up in profit.

Trading is difficult and even high education may not cover it. Certain skills (coolness) are also required. So, like some others, I'll also advise you be careful and think twice before you go with trading - or just simply avoid it. To be clear: for short periods of time one can easily get lucky and end up on profit; on long term, if not skilled enough, will lose.

Well first for you to understand this you must know that education isn’t necessarily what you are taught in schools, you can learn any where and that can be considered education.

I am not tech savvy and have never been but my curiosity and passion to learn bitcoin has gotten me this far. If you can write and read and comprehend things then understand Bitcoin is all about your passion, consistency and availability of learning materials.

Sincerely, I don't have a lot of education. Yet you can tell that my forum posting is excellent. Absolutely, but to make it flawless English, I use software like Grammarly. I consequently learn about Bitcoin and can write. In comparison to your post, I studied less. Purely and simply a matter of your effort. Even if you lack formal education, you can learn if you put in a lot of effort. Just being able to read English should be enough. If not, you won't be able to manage your wallets.

If you don't study you won't know it, I graduated from high school before I couldn't read statistics but as time goes by I continue to learn how to understand bitcoin and what is bitcoin and or what kind of bitcoin trading can be done and how big and how much is the supply and demand from market, I think over time with the motivation to want to learn will find the answer you want, even though basically you have a low level of education but if you seriously understand and focus on studying it I'm sure you don't have to graduate from high school or high school to understand something because you can find sources of knowledge more easily with internet access.

That is true, a local community like the one available on the forum can help users that do not have a full grasp of the English language.

A mentor who has better understanding of how bitcoin works can also be of great benefit to new users to Bitcoin and also to the forum.

- Jay -

Yes it is possible, higher education is not required to understand Bitcoin or invest in Bitcoin. If Bitcoin is adopted on a global scale then everyone should be able to deal with Bitcoin whether educated or not.

What I would like to say is that academic education is not a necessary condition for a person to be successful in any field. Many people did not obtain university degrees, but they succeeded through learning on their own. In front of you is the Internet, you can start learning on your own and develop your skills.

Today,even children can work with Bitcoin. Education and diplomas are not required or a mathematical mindset. It all depends on you on the Internet, tons of information about how it works/how to invest/principles and mechanisms of Bitcoin,if you are really interested, you can handle it without problems.

Human is capable of learning.  As long as you put your heart into it, you will eventually learn what you wanted to understand.  You just need put time and hard effort especially if you are not familiar with terms and situation of the aspect you wanted to know about Bitcoin.  Just don't rush things out and do more research than any ordinary person do, besides lots of information is shared on the internet.


True, in case the information is hard to understand they need to cross-reference and even research the terms that is quite vague.  @OP can also look for a mentor to explain things to him or teach him the ropes of his plan to understand Bitcoin's financial aspect.

Yes. Financial education is a different topic and is independent of a regular formal one. Anyone can acquire knowledge of Bitcoin and learn how to invest properly, all you need is access to reliable information which are easily understandable to them.

As long as they can fully understand the content of the information they consume, they can understand how bitcoin works.

- Jay -

A trader from other markets who learns by reading the charts and indicators can go directly trade BTC without learning the basics of BTC but just using the exchange chart. Learning this from a beginner's view could be tedious but it can be done.

It is recommended to learn a little BTC though, just a bit to learn sending and receiving BTC to your wallet at least.

Like others have said, investing in Bitcoin and Bitcoin trading are not the same thing. Like for the investment even without having experience you can just buy some Bitcoin either from an exchange or through physical means if you know of anyone that wants to sell close to you, and hold till the price is good enough for you although that's not just going to happen overnight you have to wait and during this period the price may drop significantly to the point that your coin might not worth anything of value.

But as for the trading part, you have to acquire some knowledge and as long as the person is willing to learn and is committed in learning then there's hope that such a person might turn out to be very good in trading. It's going to take a lot of home studying and practicing with some simulators before you know they'll have enough knowledge to help them start up the real trading.

Basically, investing in bitcoin is not different with gold, which you get some, hold it, and sell it in the right time, either of for profit purpose or you want money urgently. But to understand the technical stuffs behind bitcoin, yeah you need to invest your time to learn it. I mean, it's better to know more about something you gonna invest in, right? At least you need basic info of it.

Yes, I would not recommend bitcoin trading either, especially not to a person who expresses such a lack of knowledge. Better for him to understand in depth and decide, if necessary, to invest for the long term. Let him understand the meaning of the word HODL.

What statistics? If you studied math or statistics in school, you can probably understand most statistics. Investing into Bitcoin versus investing into Bitcoin trading isn't the same thing by the way, and because you referred to the latter, I recommend you to not proceed. You'll just lose your money.

Yes, you will be able to understand the basics so you will be able invest in bitcoin making an educated guess. What you will probably not understand is the algorithmic nature of block mining, but you don't need to understand that to invest.

Start by understanding that bitcoin is decentralised, autonomous and limited in nature, and what each of these three characteristics means.

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?