Well, you certainly can. I did. There are that many watches, and that few watchmakers, that you'll find yourself with plenty of work. I learned, at first, by trial-and-error with my own pieces, and by reading as many of the old books as I could find.

Yes, it is doable but not on a budget. You'll need tools that cost more than a good budget watch, time and patience. Even if you are only assembling a watch from available parts (kits are few and limited, so you are going to have to learn a lot of skills to make something individual) the cost will be quite high.

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If you're thinking of taking up watchmaking or repair as a hobby, the first step is to learn the basics of watch mechanics and design. This can be done through online tutorials, videos, and books on the subject.