Understanding the underlying technology: Blockchain, not just Bitcoin.
Grasping the economic principles behind its value.
Recognizing the role of Bitcoin in a broader financial landscape.
Evaluating the security and decentralization benefits.
Considering real-world applications and use cases.
Tracking market trends and news that impact its value.
Question
How do I start investing in Bitcoin?
To start investing, first educate yourself on the basics, track market trends, and consider your financial goals. Once comfortable, choose a reliable cryptocurrency exchange platform and follow their instructions to buy Bitcoin using fiat currency or another cryptocurrency you already own.
Risk management you can actually use
Risk per trade = account equity × risk% (e.g., 1%).