Can a newbie make investment before learning?
Can a newbie make investment before learning?
As on my own opinion alot of newbies have fallen in to hand of scammers because of their insufficient knowledge about Bitcoin so therefore it take a high risk to make an investment when you yet to understand the Bitcoin investment to avoid been scammed of your hard earnings
Take your time learn and implement before you inter market or make any investment as a newbie
It will be very naive of any person wether newbie or not to invest without prior knowledge about such investment. Leading comes before anything most especially in a financial market like Bitcoin. You will surely end up losing and keep losing because you know nothing. Remove the L from learning we have Earn, it just like you asking” Can one drive before learning how to drive”.
In every sense this isn’t worth a question to ask, everyone with a right sense of thoughts and judgement know and understand that the most important factor is knowledge it doesn’t need to be a newbie.
Don’t take any shortcuts.
Give importance to your hard earned money without having some time in learning what you are about to invest. It won’t hurt you a lot and won’t cost you that much if you’re going to learn first where you’ll invest your money.
Don’t be the same with those people that are relying to the flock of the crowd where they’re putting their money without thinking and knowing what they are investing with their money.
From your thread it shows you are asking a question and you still went on to answer it, this is one mistake alot of newbies make and it clearly show you didn’t really read the forum rules and regulations before engaging it activities.
Back to your question, it never advisable to a new to begin investment without having proper knowledge about bitcoin. How can you even put you resources into something without making research about it. I will call that total carelessness. You to make research to know if it actually the appropriate time to invest.