Dreams isnt supposedly be relied on bitcoin right? Its only an instrument that we can use to make our dreams succesful. We should be cautious on the crypto journey since its a risky kind of thing when it comes to investment. How often people loss their money here? A lot but of course we should not be scared when it comes to risking something cause no one get high gains or profits without risking something.
Learning bitcoin isnt hard so slowly you can adopt to it. But dont do that for money alone, learn the system and benefit from it.
Topic: You and Your Bitcoin Dreams - My Two Cents - page 2. (Read 283 times)
Dreams is about a long term purpose, at least next few years, but you're only discuss about goals in this year. It's not a dreams when you're only discuss for one year. If you only hold Bitcoin for a year, you either don't make money or you only make a little profit.
Just stay focus to make money in your real jobs, learn about a new thing that will boost you to earn more money and make sure you convert most of your money into Bitcoin using DCA strategy.
Just stay focus to make money in your real jobs, learn about a new thing that will boost you to earn more money and make sure you convert most of your money into Bitcoin using DCA strategy.
How much knowledge do you need to achieve your Bitcoin goals in 2023?
Basic knowledge is more important than other things. Many newbies don't want to know about that and just want to succeed and got a big profit. An example of basic knowledge is a non-custody wallet, before continuing to another thing, a newbie must know how to keep the private key because it's useless to succeed if all funds are on exchange wallets which at any time taken away from the exchange owner.
Good write up. I heard about bitcoin in 2015 and since then, I've learnt a lot. The truth is we keep knowing more everyday as people keep making different kinds of use cases and developments for bitcoin. There is so much to come as time goes. And For now, Im learning about some new developments Bitcoin OGs have made on Bitcoin to make it easy for humanity to use.
A newbie should not be pressured to take any action and if they must get their hands into the game, then they should do with a much reduced amount to learn how to create a wallet and back it up. They should also test out with small transactions to learn how to send securely. Other experiments like sending on an airgapped device which involves operating on two devices and also using a hardware wallet.
After familiarizing with the basics, they decide when to invest and how they want to do that.
- Jay -
After familiarizing with the basics, they decide when to invest and how they want to do that.
- Jay -
Bitcoin is not rocket science, you don't need to learn everything about it to "succeed", if you are an investor, you just have to not sell at a loss and hope for eventual profit, if you are earning Bitcoin through some job, just keep getting better at the job.
In Bitcoin it's more important to learn not what to do, but what to not do - as there's a lot of potential mistakes to make that can easily cost you your coins. Like storing coins on an exchange, falling for a scam, getting your coins stolen by malware.
In Bitcoin it's more important to learn not what to do, but what to not do - as there's a lot of potential mistakes to make that can easily cost you your coins. Like storing coins on an exchange, falling for a scam, getting your coins stolen by malware.
That is a bold statement for newbies in this forum who hesitate to get into bitcoin or cryptocurrencies. I have so many friends who heard about bitcoin before 2015 and didn't get involved and now they regret their hesitation or lack of decision-making. On the other hand many get involved in cryptocurrency later and get their reward for taking the right decision in time.
I think when any opportunity comes and you see the potential in it, you have to dive deep and get your research done and take the right decision in time.
I think when any opportunity comes and you see the potential in it, you have to dive deep and get your research done and take the right decision in time.
How much knowledge do you need to achieve your Bitcoin goals in 2023?
You can acquire enough knowledge but you have to know the rightful application of this knowledge in other to avoid a waste of it on you, this will also guide you towards exercising caution in whatever thing you're doing to always ensure you think twice before taking a step and action, but lastly, never forget that bitcoin is never limited to a specific rate to how far one can go in acquiring it's knowledge.
Also, your time is important do not waste it on some dumb stuff of temporary value. In your quest for knowledge, avoid procrastinating.
Good idea, dont be too timid to learning new things and be reserved by not been too forward, don't always assume you know everything, anyone trying to waste your time is not worth being with you at all, also deals with laziness because that's what introduces procrastination.
How much knowledge do you need to achieve your Bitcoin goals in 2023? My answer is just enough knowledge to get you started. You will figure the rest out on the way because as someone rightly said, you cannot learn how to drive in a parked car. As a newbie getting knowledge of Bitcoin is as important as where you are getting the knowledge. So, look in the right place. Also, your time is important do not waste it on some dumb stuff of temporary value. In your quest for knowledge, avoid procrastinating. Lastly, remember that with Bitcoin, where you live doesn't determine how much you'll make. Take action and take it now.
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