Topic: Research and Experience, There’s No Other Way! (Read 647 times)

If people think that they want to learn crypto just to make a profit then they think the wrong way,  I know that a lot of people think that bitcoin is all about money and they also think that they could earn a lot of money from it but that is not the real essence of bitcoin, there are still many things more than that. On my part, I can say that  I am no good about cryptocurrency, my knowledge is not enough to b called a good bitcoiner, experience and knowledge would help you understand the world of crypto.

In order to reach your goal you need to understand research and experience as well as the types of work. If you just don't have the knowledge you should follow the market type strategies and think positively. Fortunate people expect success from every step they take market analysis as well as the attitude of positive expectation leads to success. However, this is not always the case. But a positive attitude helps them to keep going even in difficult times also if the damage does not stop try to eliminate the damage.

That's right, to be successful, we have to keep reading, analyzing, researching, starting to focus on the process of getting results in the future. Not only do we enjoy learning about Bitcoin, but we are also very loving and excited to continue to hone ourselves.

In my own opinion I think research and experience comes in handy in the crypto space reasons are research keeps one updated or abreast in the working space and experience serves as a guide not letting same same mistakes happen..  I do not believe In shortcuts  as it's sometimes do not end well,  most times in regrettable conditions. No matter the time it takes to learn exercise the patience to learn and be  better at what you do

It simply we can understand what we do if we all make it in shortcuts. Definitely, there is no magic in crypto, and in just one day we can fully understand it? No, it is impossible. The same thing that we have in our lives, even in our job. You can't simply get the manager position if you have a lack of credentials.

People keep reading, searching, and finding more ideas just to make themselves fully equipped. It is likely we have to acquired also and so in every time we struggle difficulties and losses, we easily understand it and not to blames others instead of ourselves.

There are no shortcuts in life! You can try to shortcut and you will find yourself in unpleasant situation more times than you will have benefits from shortcutting. It's what you learn while you living and trying out different things, and after years of trying what you have is experience, and experience will always tell you start from the beginning, take it slowly, try to consider all possible factors, educate yourself, work hard, be patient and consistent, never quit when it's hard, endure... and if you do everything right you will be rewarded at some point! At some point after months or years, nothing happens over night, or in just few weeks!

Nope that's not it, you don't have to follow and learn every new trend out there. Learning them might be useful but you have to be cautious to avoid giving away your bitcoin to gain worthless piece of shit that would be worthless the movement another trends get the spotlight. Today we're seeing DeFi, oracle, IEO etc making waves all over the industry but it wasn't so few years back as the like of privacy focused coins, ICO etc were the trends.

There's this unpopular opinion that says 'altcoins were design to steal your bitcoin'. The more you look into it the more you see the truth in those words. Most of us would had be better off holding onto our Bitcoin and instead of chasing the alts like we did and ended up having less bitcoin.

The prudent aspect to do is to research an issue if you know it. If you don't do research on Bitcoin, you won't realize anything, experience is a long way off. You have to read more and know more, then you have to work. Then the experience will be better. There is no other option here to get success.

I think all of us would agree on what you said there that there is no shortcut to understanding bitcoin. It really takes time to get to know it and even it's basics. And re-reading some parts would help. It refreshes your knowledge and sometimes, the next time you read it gives you a different point of view.

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Yep, but they'll surely learn about keeping their coins secure along the way. Experiencing scams, first hand, can surely make one learn a lot and not to make the same mistake the second time around. As they say, learning through experience.

Only by experiencing it for yourself with bitcoin and cryptocurrencies can you see that this is a risky and unpredictable market. Every year there is a new trend in technology and we need to follow and learn to understand them. For those new to this market, they may win quickly, but they may lose everything they have earned. Even veterans in the crypto market can make mistakes and fail.

If your willingness is there and dedication to Really learn before investing,Though there are some exchange now that offers free trading access without using a single amount and you can try making trades losing nothing.
Maybe this is a best teacher as well but of course your point is right we need to lose first before we take our prize.
How many traders losses much but yet they continue and now Gaining what they cooked.
Would be better for at least take some time and never rush,because the eagerness will make your target lose.

You don't actually need to master something just to gain profit from Cryptocurrencies. Bitcoin along with other Cryptocurrencies just needs basic understanding on how  to complete tasks pertaining about them. Joining different kinds of campaigns within the forum and along social media platforms can give you a nice amount of Cryptocurrencies. Its true that learning has no shortcuts but experiencing them will be the best teacher to have. Understanding Bitcoin will come with time since you will always read about it anywhere.

Research has helped many Bitcoin users to get it right in their  achievement.
Ways which research has help us to get it right in bitcoin are :
1) Can it work in this way: research show where and how it can work  when it come to investment.
2) Environment: is one of the way research can show us in cryptcurrency, the actual place to trade your coins.

Ways which experience has helped us to get it right in Bitcoin are:
1) low profit: Base of the wrong time many people has invest cause them low profit .
2) Wrong place: many people invest their coins in a wrong place, thinking they invest in the right place cause them scam.

Bitcoin will be hard to understand starting from the technical aspect of it, it's good as a start up. That's how I start too. But I suggest to not limit your knowledge about this technology, specially if the knowledge you can learn are everywhere—just like in this forum, its literally everywhere.

If you already know the basics and wanted to start being involve with it, then the best thing you would do is to continue learning about it. Continuous improvement for everything we do in life.

When you engage into something, it is not that instant that you are good from the start. You need to understand a lot of things, you need to deal with the risks, and understand how it works in the market. If you are knowledgeable about the use and utilization of cryptocurrency, you will not become confused about the purpose of your investment to it. I just don't really understand why people are making bad reputation about bitcoin without understanding it.

But given the light of recent happenings, more than anything - bitcoin users need some common sense irl. Newbies are getting scammed left and right. More than understanding the tech they need to learn about keeping their coins secure.

Researching new things to improve is a very important one to do. research gives good results and gives you insight into what is being researched.

experiences to remind events in the past so they don't happen again and Research prepares you for the future to know what to do.

The crypto world is very complex and has all kinds of different problems and solutions.

Many people experience failure when investing in Bitcoin, this happens because of lack of experience and research.
Therefore, if you want to succeed, there is no other way apart from doing some research first to be able to make
a profit when investing in Bitcoin. Never be lazy to do research every time you invest, not only in Bitcoin, but investing
in altcoins is also very important to always do your research. After doing your research, do as much practice as you can
to gain experience.

Its important to gain knowledge in anything you're getting into, its the key to understand better the nature of the investment (regarless what field it is) so you can make your own decision of engaging yourself on it or not. On the other side experience is the best teacher for us to succeed, there's no shortcut to earn and we need to experience how to lose sometimes in order to understand the things that we need to do the next time.

Indeed. We dont need to become an expert, as long as you know the basic things it will start from there. Your experience will teach you to learn further.

I agree with this that research and experience is the key for you to master Bitcoin and all of its contents.

With that, I will just add that having a mentor will shorten the time frame that you may use to learn all of it. Add it with the research and experience then it will be a good formula for success . Lucky for those who have mentors since they will know Bitcoin easier. In my part, I just learned Bitcoin myself. I'm just lucky that I know already the basics of it and don't want to learn the complex things anymore. Learning the basics of it is enough for me at least.

I agree, but when you go deeper and explore your opportunities with other alts, you need to know more than the basic information. But to start with your crypto journey, those above questions will guide you on how to acquire those info. Because if you overwhelm yourself with things you want to know, it will not be healthy in my opinion. As you will tend to make mistakes in your decisions and overlook important things that you need to consider in the first place.

Even though understanding is very necessary in every thing one decides to do, I believe we can always limit our understanding to the most important aspects. In the case of bitcoin what I needed to know most were:
1. What is it?
2. How does it work?
3. What are it’s merits and demerits?
4. How useful is it to me?
5. How do I get it?
Most of the times, we do not need to know everything. A little above what meets our needs is always okay.

what about research ? experience mostly happen on the past  . you dont need to get stuck on that past learning arent you ? but you need to research new things to grow .

lol thats too complete .  all materials that we use in school ? what you saying is literaly studying in a classroom . teacher is a word that is enough to use . you need research again to advance from the basic learning that you already learnt especially if you want to get involved on other unfamiliar cryptos and on trading as well .

It's one solution to one problem, but not the fix-all solution. And that's really the approach of all these "8 principles" or "5 rules" or whatever in crypto... being the sole owner of your private keys being one of them -- and keeping bitcoin on your own wallet doesn't actually really solve the problem of being safe, it removes ONE risk related to control.

 You will learn from experience and that is the best teaching method you can use in doing trade or investing in cryptocurrency. Experience will be your teacher, school, paper,pencil ,blackboard, chalk, calculator ,etc...here in crypto space to learn basic knowledge regarding bitcoin and other cryptocurrencies.

Totally agree with you with just understanding the basic knowledge about bitcoin, cryptocurrency, etc. you could already earn a good amount of profit from it. If you are just into trading you don't really need to go some technical and advanced stuff in order to trade and make a profit in it. I think what you just need is basic knowledge and experience in investing, it should be enough to make something or profit in cryptocurrency. In my experience, I don't really know about technical stuff or advanced stuff when it comes to cryptocurrency and bitcoin but I do know also understand how it works or how the market works. Still, I'm able to make a profit in it, comparing it to other technology we don't really know about it but we just need to know how it works and we already understand what is going to happen.

Still, there is no shortcut when it comes to that, a lot of people who look for easy money are most likely to get scam.

There is one very simple solution - do not store money on exchanges and exchanges. There have already been so many sad experiences when users left their savings on the exchange and then broke it and withdrew a huge amount. I believe that it is better to pay a little more Commission and keep the funds in your wallet than to put them at risk on the exchange's wallets.

I fully agree with you, there is no shortcut if you really want to learn about bitcoin and other cryptocurrencies and the best teacher that we could ask for is our experience and next to it is our research.

Very good text, my friend! I would like to add that bitcoin and cryptocurrencies in General are a dynamic sphere, in which in order to earn good money, you need to always be on the wave. It is necessary to monitor the dynamic changes in the sphere and make certain decisions based on them. Learning it once and using it always is not an option.

I agree that there is no really a shortcut to be done to better understand Bitcoin but if you can let other people understand Bitcoin by gaining their interest first with some sort of short information about it, surely they would get curious to get to know more and get into deep information leading to better understanding what Bitcoin really is. There are certain technicalities and complexities on learning Bitcoin but that would be on the deeper level already. It is enough to create shortcut for them to easily understand Bitcoin and to have first impression and gaining of interest before going deep into the core of information.

Research and experience are really great teachers for a technology based like Bitcoin that is continuously improving, learning will never stop.


This is certainly right. It might take years for those who are not eager to learn Bitcoin but since there is already an availability of resources of informations on the internet and even in the forum, it would just take quite sometime to do researching just to have a better understanding about it.

 You don't need an understanding of the specific role of money authorities, or even the Bitcoin network, to use it, for sure... butI'd say it's one of the shortcomings of using Bitcoin, really, that people do need a bit more knowledge than basic level to safely use Bitcoin.

Right now, any given Bitcoin user is probably not using Bitcoin as it should be, and therefore, are putting themselves at a risk they don't quite understand yet. All those Coinbase wallet users, or even exchange wallet users, for example. They're okay until the exchange gets hacked or goes bust. We're getting there, but we have to accept that research and experience are the necessary tools to protect yourself when using Bitcoin.

It depends on your willingness to seek more information and learn more about bitcoin.

Doing research is laborious but you need to do it if you want to grow as an investor.

Mastering bitcoin is not that easy, even if you spend a lot of time and you make a lot of transactions, it is still risky as an asset. We are not prepared in some changes in its price but we can observe it in the market. That's the reason why experience and comprehension is important in the investments. Don't rush things and take time to understand the complexity of a cryptocurrency.

Advice and experience from other people definitely might help and give you direction but I don't think that any mentor can actually teach you how to trade. For that you need your own experience and you need to learn on your own mistakes as well as good decision. Without hands on in trading you can't say that you know how to trade, no matter the all learned theory. So, combination of both is something that can make a successful trader out of you.

Patience will be important in learning about cryptocurrency because we might get some bad experience in the journey. If we don't have a patient, we will not improve our skills and knowledge, and even we can't learn new things related to cryptocurrency. There will be times that we need to master or improve our skills, and we can't expect to have those skills in just one night.

If we can learn in many ways without stopping, I am sure that we will have high trading skills or another thing that can help us make money and reach our goals. It is okay if we could only make a little profit because someday we will make a big profit.

No better way to go than doing your own research. And yes, experience matters too. it gives you a sense of what sounds fake or scammy and you tend to stay away from those projects.

I am very happy with the honesty described in the opening post, that there is no shortcut to understanding Bitcoin.
Have to learn all things related to Bitcoin. If you learn all about Bitcoin, I make sure you have no qualms about investing
in Bitcoin. If you believe in Bitcoin's potential, then you are will quickly understand how to make profit from Bitcoin.

This is the problem, isn't it? Most people view cryptocurrencies as complicated payment methods and don't bother investing in them since FIAT and other payment methods require less effort to understand and are more convenient to use even though they are centralized.

Majority of the crypto investors don't really know much about the tech behind crypto etc because their main goal is to treat crypto as speculative assets and nothing more.

A simplified easy to learn system needs to be developed which shouldn't require a ton of research so that people start viewing BTC and other popular crypto as easy to use decentralized payment methods.

Doing bitcoin requires more time, learning skills, open mind and patience. Oh another things is if you love what you do, you enjoy it..and if you enjoy what you do, you will surely succeed!

I guess you are inclined with technogy. Maybe you are a programmer. I hear it mostly on people that are mostly in touched with computer works.
It's lesser than some though, I believe.

I agree. Most of us now are really into bitcoin because we are earning because of it. Bitcoin will have more paths to take.
And we are part of the destiny where bitcoin will go. So it's better for us to not forget why bitcoin is created.

Thats correct. Some here are quite genius when it comes to bitcoin technology. I can say most in the CM signature participants were knowledgeable on this matter. I always saw them on bitcoin development and technical discussion surely they proficient enough to explain all details when it comes to bitcoin. Like users, HCP, pooyah, o_e_l_e_o, TryNinja and many more.

Most individuals doing quite well in the space today were all self taught just trying to make you understand it isn't that hard to get the concept of what this new buzzing technology is all about. No doubt encouraging noobs to research before driving right in is necessary but they shouldn't spend all their time doing that before investing instead, get the concept of what bitcoin is about, invest and better your knowledge as you embark on the journey.

Experience comes with you actually participating so if you're not into the system (that's invested) then I don't see where you'll be getting the experience from. Sure you can read others story but it won't be anything like yours.

Also, even compiling from source codes you can do that even if you have no prior experience because there are a lot of tutorials that you can find here in the forum. And those actually are of big help to newbies in crypto. Maybe it would take years to grasp all the knowledge that you need but you can already learn a lot in a short period of time which you basically need to move forward with your goals in crypto.

Totally agree! When it comes to getting involved with bitcoin and cryptocurrencies, people should take the best path. A basic and safe knowledge.

Fortunately there is good reference information from this forum as the top of the exchange platforms that we know. This was my beginning in Bitcoin and cryptocurrencies, I am a self-taught person. I also do not believe in easy money, for which I have not fallen into some type of scam that we often see in our crypto space.

I remember how I first got to know and learn Bitcoin.
I know this from someone who is arguably successful in this field (in my opinion). At that time I gained information regarding Bitcoin, supply, and other information on a basic basis. This includes how to get, buy, sell, treat it. Then introduced trading and investing. And furthermore, I tried to learn more on my own while being active in this Bitcointalk forum. So from this forum, I often read both from posts in threads and replies from members. Lots of information that I can get through this forum, it's easier than when I read through articles.

Learning Bitcoin and other cryptos must start from simple things first so that we don't feel confused, especially for those who are true beginners. And beginners, don't just focus on what we can get, however big we can get, but also focus on how to get it. whether as bounty hunters, investors, or traders, all have their own way.

I used to think that Bitcoin and the crypto world could make me rich faster. But as I studied the crypto world and kept up with it, my thinking was "totally wrong".
Don't just think about getting rich from crypto, because if we don't get rich quickly because of crypto, then we will easily give up.
And you are right, more research and experiences will mkae us better to know about the crypto world and the mechanism

I'm not sure that I agree.There is a basic level of knowledge required, but one does not have to have an in depth technical knowledge. Obviously one needs to know about wallet security, and have an overview of the blockchain and transactions and fees. After all. everybody uses the fiat system, but how many people understand the role and ownership of central banks, or fractional reserve banking, let alone SDRs and the various derivatives in use at the moment.

If you are able to find a good mentor then the learning curve might get shorter and you can learn quickly all the things required to be a successful investor. But if someone isn't willing to teach you then it can take a lot of time to understand the things and also you will do mistakes many times that can even make you loose money in the short term but if you look at the bigger picture then you can become very successful. Also, you should always remain up to date with the events happening in the world or else you won't make much than just some spare change.

To basically learn about the things you must know about Bitcoin, there is certainly a need to do a thorough and deep research to further educate yourself and to satisfy the inquiries you have in mind. Indeed there is no certain way to learn Bitcoin by doing the shortcut method but still it is a big help most specially for those people who are just wanting to have a clip of information to better understand what Bitcoin is really all about. The catch of knowing even the simplest version of learning about Bitcoin is already a big step to persuade certain individuals to get along on wanting to learn more about Bitcoin more deeply.

Research and experience are the essential things that will do educate you in this industry for not all researches might be applicable to you for you can do also learn something about Bitcoin itself based on the experience you have got in your journey discovering more about what Bitcoin is really about. Learning is a continuous process that we people is undergoing in our lives and researching and experience would be a great weapon to survive the entire journey of getting into Bitcoin most specially that technology is continuously evolving and that is where the whole cryptocurrency relies so learning won't stop for you will learn something more about.

To acquire knowledge and skills about bitcoin, researching, studying, and experiencing would really teach you on how to trade, gamble, hold, sell, and perform various tasks.

One must be determined to learn and master bitcoin. You can’t learn everything all at once. It would take some time to understand the basics, fundamentals, and especially the complex parts of cryptocurrency world. It’s like having to study for a subject or a degree. You need to devote your time researching for the things you want to know more about because learning is a continuous process.  The speed of grasping all the ideas and concepts varies from one person to another, since we don’t have the same ability and capabilities to digest information. But definitely, perseverance is needed.

Aside from research, experience is your best friend for you to fully have the grip of how cryptocurrency works. Like what they said, “experience is the best teacher”. The learnings you gained from researching must be applied in real life. You have to experience it first-hand. Execute all the lessons, strategies, and techniques you’ve read from an article, website, or books. That way, you’ll know what would be the outcome if you do a certain thing. It’s a trial and error. A process.

I think it’s also important for you to have a mentor that would teach you and guide you along the way. Experience may be the best teacher, but having a mentor that can lead you, tell you the do’s and don’ts, and prevent you from making big mistakes will be a big help for you as well.

Research and learning is the best way to make sure what we own is correct. Traders are always trying to explain value based on the chart pattern, but what makes a cryptocurrency so valuable is the technology within it and what it does. Take a look at the top 20 cryptocurrencies. They are interchanged every year, but the technology it offers is amazing and useful. If we are wise enough, we can choose the most potential cryptocurrencies that have long-term value in the future.

Absolutely. There's no other way to approach life itself than research and experiences, so this is not only applicable to Bitcoin. All stated  points on OP are true because Bitcoin is a new technology that needs more information to understand and those with the understanding must exercise their experience to get things done right. Learning new things everyday can only help us gain experience in order to manage our problems.

For anyone to succeed in cryptocurrency industry s/he must imbibe the spirit of research and experience, hence futility in play. Profits can only flow into the hands that had the needed research and experience, so, learn everyday to have the experience.

Agree, Its not necessery to be a genius to make profit out of BTC, even the dumb like me  who only know to HODL BTC, can makes profits effortlessly out of it.

You don’t have to learn every single detail about bitcoin in order to keep yourself safe from hacks and other things that might result to you losing your coins.

I personally have quite a programming background since I use it on my work, but it’s far from the algorithms laid out on bitcoin so I don’t see that skill as an advantage, but it helps. I never learned the intricacies of trading and chart-reading, but I made quite a profit in bitcoin over the years of my stay here.

The thing is, one doesn’t need to overload their minds on information. They just have to use it wisely and just pick up the things that they think they will be needing and just expand the learnings later when the need arises.

IMO you don’t have to be a genius in order to create and receive a transaction, and make a profit. You just have to learn the basics THEN you can expand from there. The points in the OP is good, and should be noted by newbies who are seeking for immediate gratification on their efforts in using bitcoin.

In all spheres , I believe that being successful knowledge is key because it is  about information you have to apply and with time on it, experience is gained. This is what the newbies are facing in bitcoin today. They are more confused, reading on the forum help.

People can use the microwave oven successfully without understanding how it really works. Same goes for Bitcoin. One doesn't need to know much about it to start using it. The only really important thing to learn is all about what's needed to ensure bitcoins are safe. And how to use a wallet, of course. But other things won't be needed. At the same time, this is enough to use Bitcoin, not to profit from it. But I don't understand what you mean by profiting. One can earn BTC for doing some job that requires skills which don't have much to do with Bitcoin. Or one can try trading, but this, if even possible on a regular basis, requires knowledge about trading rather than about how blockchain works. If one wants to earn money from writing about cryptocurrencies, crypto projects or by actually being a blockchain developer, then of course the experience and deep understanding is important.

Experience and researching are the best way that you shouldn't use a shortcut or else you'll miss some knowledge that is needed for us to earn in the bitcoin world. Nowadays,  the one who skipped the knowledge and want a shortcut way always take a big risk and didn't know what they've entered an investment scheme. Many people in our country once they hear a profiting investment they'll always join and didn't think twice.

This is all pretty good advice.  As an investment advisor by trade I'm always very leery of any sort of "financial product", especially some "magic internet money".  Although I certainly don't advise it for the non-coder/ super technical type, I bought Andreas' Mastering Bitcoin book and read others such as digital gold before I ever purchased bitcoin.  I spent a lot of time reading and watching educational videos ( many by Andreas ), and only then did I understand bitcoin.  This isn't an overnight kind of thing if you're looking to "invest".  Which bitcoin is way more than that.

The reason why people always ask an individual to do their own research is that no one want to be blamed for the mistakes you made. Anyone who is not ready to learn and relearn should not bother to invest in bitcoin. crypto is evolving and you can hardly predict what will happen to bitcoin in the next few hours not to talk of days, months, and years to come. Trading crypto involve patients, perseverance and being meticulous

Before learning or studying something, one should have a goal. If he's into investing into it, then he should read articles about Bitcoin investments. What I am trying to point out is that, if a person is really in a rush then he should have specificity of what he wants to do. There's no need to know about other cryptos and other complex terminologies if he is just into Bitcoin investment. Then if he would be seeking for more, that would be the time to look around this industry. There is indeed no shortcut on learning something but a more efficient way which would still yield you to your goal is acceptable.

I think this fits right in the Beginners and Help board as it contains mostly on what a beginner's mindset should be.

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With regards to the topic, I think even anyone already know that the fundamentals of learning is simply by research and experience. So what's the point or purpose of making this thread afterall? There are a lot of threads that contain the same idea and there's no point making another one. Have you browsed the whole Beginners and Help board?

But then again, some people are already capable of learning not by research and experience, but rather reading on it alone. Yes, there are talented people that are born with great aptitude. And research doesn't mean to be a lot of activities done, a simple book or a simple article could even explain everything about Bitcoin.

I agree with all of you. Basics can be easily understood but to have knowledge would mean deep understanding. And we may be all enthusiasts for a long time but learning from all our experiences will never end as experience is different from time to time. With that being said, if you really want it, you must be determined in learning.

I think that it should be a given trait for anyone who is aspiring to learn/understand bitcoin. OP in my opinion got all the bases covered, regarding absorbing knowledge and stuff. The other stuff will be entirely dependent in the person.

@OP, might as well add perseverance and enthusiasm as needed traits in understanding Bitcoin because its very technical for most people and at the same time, learning it would become somewhat boring that is why we needed also those two traits if we ought to understand BTC much better. Imho.

Crypto is very risky industry and here you need even more researches and experience

Are you talking about learning the basics of Bitcoin or you are talking about learning cryptocurrency trading?
The basics of Bitcoin can be learned in one day.Is it so difficult to create and use a Bitcoin wallet?
Is it necessary for a total newbie to know all the tech stuff about hashrate,mining,nodes,how the blockchain works,etc. from day one?I don't think so.Anyone can learn how to send and receive BTC in minutes.
Crypto trading is a completely different topic and every trader has to learn thru practice for years.

Majority of the people that are planning to use Bitcoin or just heard about Bitcoin is afraid of this kind of situation.
It's kinda sad because they are afraid to try something new, or try to learn new things. Especially nowadays, technology are evolving.
Transactions can be made online, especially in finance or any involvement of money.
That's why Bitcoin is here. Then learning how to use Bitcoin is really a gem.

There is no such thing as short cut when it comes to knowledge and I certainly agree with OP.
It is all about research and experience not just in Bitcoin but also in other things as well we need to dedicate time and effort in order to be good in what we want.
Experience and knowledge are the best thing that we could have in order to be successful.

that means these people have no idea what bitcoin is and as a result they will be very disappointed and will lose a lot of money too because they think bitcoin is made to give them profit and that is the only thing they seek. these people don't look to "learn" anything about bitcoin either technical or otherwise they just want the profit and want it quick.

apart from trading none of these could be categorized as a way to make profit though. gambling is a way to "spend" money and the rest are ways to have an income since you get paid for the work you do.

Maybe or maybe not. Some here have mastered the basic knowledge everything about bitcoin, how it works, mechanism, and its used to different application. Learning bitcoin technology speed is depend on the user capability to grasp all there is to learn. Some here can understand, and execute anything coding on bitcoin easily especially those who have knowledge with related field.

Im not totally techie guy, but somehow I understand and know how it works, and manage to execute some task like keeping my security when using off bitcoin wallets including altcoins too.

I read a post the other day asking for tips on how to learn bitcoin without going through the technical stuff (so they can start making profit sooner) and another one looking for a quick way to teach old people how bitcoin works. Here’s what I learned after months of observation and heavy reading on cryptocurrency inside and outside this forum.

There are NO SHORTCUTS to understanding bitcoin. You’ll find crash courses and simplified versions of the technical aspects of bitcoin but those are just to help make complex information more digestible WHEN YOU GO OVER IT AGAIN, not to help you skip certain parts. Yes, you’ll eventually realize that it’s best to re-read the stuff you refused to read the first time (when you thought it’s too much for you). With so many risks involved in cryptocurrency, you would want to know as much information about what you’re getting yourself into as you can. So, taking a shortcut is out of the question.

Think of cryptocurrency as a branch of science, because it’s as big as one. It’s not like a Netflix series that you can binge-watch in one go. Rather, it’s like the entire entertainment industry. Like a college course that takes many years to finish, it will take years of research and experience to master bitcoin. Also, research doesn’t stop as cryptocurrency is constantly evolving. Some of the things you will learn today may no longer apply tomorrow, so continuous study must be part of your daily routine.

Regarding profit, there certainly are various ways to grow wealth through bitcoin. You can invest, trade, gamble, perform tasks, write content, and many more, at least in this platform. But let’s not forget that the primary purpose of bitcoin introduction and adoption is to decentralize the financial system. More than just another income generator, it’s a campaign with a goal. Let’s find a way to contribute to that campaign. I also have a mentor btw so connecting with people who share your interest is also important.