Knowledge is still power in cryptocurrency

[Supreme Donvic]

Without the knowledge of cryptocurrency it is impossible to succeed in it, take for example someone who is interested in Bitcoin investment but those not have any knowledge about Bitcoin do you think the person will succeed the answer is no, one of the major reason why you see some set of people selling there Bitcoin immediately when there's a dip is because they don't have knowledge about Bitcoin for those who has the knowledge about Bitcoin will use that dip to accumulate more Bitcoin and if possible even become aggressive in there accumulation because they know the benefit of it, without the knowledge of Bitcoin you will not succeed in Bitcoin investment.
So knowledge is important in cryptocurrency without it you can't successful in cryptocurrency investment, before you start investing in cryptocurrency fine someone that will teach you about it or you read about it online it will really help you.

[JoyceBTC]

Don't think that this space is all about Airdrops and tap to earn , is more than that , but you won't be able make good use of the opportunity in it if you lacks knowledge on how it works.  That's why you have  to make good use of your time here to keep learning because they are alot of knowledgeable users here , and beside google is always there to assist you , so leave that comfort and start Doing your own  research it would help to make things move smoother.

Thank you very much op for this quote, the Bitcoin forum is beyond just earning money but you also need knowledge to grow. I believe knowledge is a key to success and without knowledge one can’t excel. The Bitcoin forum has really taught me a lot and I’m still on the process of learning because I want to acquire every knowledge possible which will help me grow here.

[laijsica]

For sure, knowledge is very powerful and important in cryptocurrency trading and investment.

Teaching a person the tactics and procedures to invest in cryptocurrency is at some point much better than giving out physical cash, because he or she will spend it in less than no time.

The knowledge acquired about cryptocurrency trading and investment can change the life of a person over night.

The reason we complain most time that something is hard is because we don’t understand it , same go with everything concerning cryptocurrency in a whole . Many complain that to invest is hard cause they don’t know the procedure to follow same goes with trading and all that , that’s why we have to keep improving ourselves by learning more and this forum has been helping with that so far given me the privilege to learn from knowledgeable users here .

You are right. Users should have a learning mindset if they want to learn then this platform is great. If you don't understand something, there is an opportunity to ask questions and many members are always ready to answer.

This is not only related to investment and trading but is also a great way to learn about other important financial topics. Most investors are aware of investment but are not proper aware of other important topics related to it such as long term accumulation, emergency fund and discretionary income. Through this forum, those investors will be able to know about it in detail and will be able to implement it.

[Obulis]

At first I will say as someone that's interested in investing in bitcoin you just need the basic knowledge and you are good to go so don't let your urge of accumulating knowledge affects your bitcoin investment or accumulation.



Alot of newbies won't understand or get this, especially those that was on boarded by Notcoin into this space, alot of you have been hearing that cryptocurrency is not a get rich quick scheme, is something that requires one to go after knowledge too. Because in this space without a proper knowledge you can't succeed in it .

Don't think that this space is all about Airdrops and tap to earn , is more than that , but you won't be able make good use of the opportunity in it if you lacks knowledge on how it works.  That's why you have  to make good use of your time here to keep learning because they are alot of knowledgeable users here , and beside google is always there to assist you , so leave that comfort and start Doing your own  research it would help to make things move smoother.

Skepticism(in this case fear of losing fund) and the urge to know are what makes people want to know all at once.
     Important knowledge to have.
1. Get the basics and you are good to go.
2. Cryptocurrency is not a get rich quick scheme because there are other knowledge to have as one goes with the basics.
3.  Carry on with self research (Google).
4. Make the best use of this community since there are CRYPTO ELITES here who has been enlightening people.
This is summaries of op points which is telling what people has done, a reminder or new lesson for some. All of which is carrying in it energy and opportunities.
Knowledge is power is indeed an ageless truth.

[SmartGold01]

Even if you are not a newbies please I advise you all to always go for knowledge is very common but powerful, stop claiming you know everything because your boss have told you one thing here and you start claiming you know everything at the end of the day you make mistake and loses everything.

I don't actually think people are having that mindset of knowing everything in the space as the market is still unpredictable anything could likely happens along the way. Anyone who has fails to go for knowledge is actually facing fail in the cryptocurrency investment journey, therefore we should be that open to accept whatever changes that may occur in the space without having that superior power that our knowledge count most amongst the rest people here. At least we learn everyday and see many changes and unpredicted circumstances from the market and should also lived to adjust the current trend of the market.

[EG_O]

Knowledge they say is Power, it's very important to have knowledge of crypto or Bitcoin before involving or investing in it so that the investor won't have any issues or problems

Crypto for me is very complex and it involves technicality, so one should be able to learn everything about it before investing, though it might not be about knowing everything once but with time and determination and continuous learning, one will be able to take a valid decision before investing

So generally, wether in crypto or Bitcoin, or in our everyday activities, one should be knowledgeable about what he or she wants to invest in

[Mr_Brilliant$]

Without the knowledge of cryptocurrency it is impossible to succeed in it, take for example someone who is interested in Bitcoin investment but those not have any knowledge about Bitcoin do you think the person will succeed the answer is no, one of the major reason why you see some set of people selling there Bitcoin immediately when there's a dip is because they don't have knowledge about Bitcoin for those who has the knowledge about Bitcoin will use that dip to accumulate more Bitcoin and if possible even become aggressive in there accumulation because they know the benefit of it, without the knowledge of Bitcoin you will not succeed in Bitcoin investment.
So knowledge is important in cryptocurrency without it you can't successful in cryptocurrency investment, before you start investing in cryptocurrency fine someone that will teach you about it or you read about it online it will really help you.

knowledge really na the backbone of everything in crypto. Most people just jump in because they see others making money, without even understanding what they are getting into. Then when market dip, fear go come come in and they sell off, not because Bitcoin failed, but because they never had the conviction that comes from understanding it..

For me, I believe knowledge gives you confidence. Once you truly understand what Bitcoin is, why it was created, and how the market cycles work, you stop reacting emotionally.. Instead of panicking during a dip, you start seeing it as an opportunity to stack more..

[MainIbem]

Even if you are not a newbies please I advise you all to always go for knowledge is very common but powerful, stop claiming you know everything because your boss have told you one thing here and you start claiming you know everything at the end of the day you make mistake and loses everything.

I don't actually think people are having that mindset of knowing everything in the space as the market is still unpredictable anything could likely happens along the way. Anyone who has fails to go for knowledge is actually facing fail in the cryptocurrency investment journey, therefore we should be that open to accept whatever changes that may occur in the space without having that superior power that our knowledge count most amongst the rest people here. At least we learn everyday and see many changes and unpredicted circumstances from the market and should also lived to adjust the current trend of the market.

The sad truth is that one can't you can't know everything about the market but you can try to understand how it operates, for instance in Bitcoin investment you just need the basic to get start then along the way you'll understand it better waiting to know everything would make the person miss out on lots of opportunities cause bitcoin is volatile and could go very high while you're still waiting to know it all, atleast understanding the market is better so we can use it to our advantage regardless of it's price movement.

[Rockson1]

The sad truth is that one can't you can't know everything about the market but you can try to understand how it operates, for instance in Bitcoin investment you just need the basic to get start then along the way you'll understand it better waiting to know everything would make the person miss out on lots of opportunities cause bitcoin is volatile and could go very high while you're still waiting to know it all, atleast understanding the market is better so we can use it to our advantage regardless of it's price movement.

Good advice, I don't know why some people think that they will be able to know everything one day, the bitcoin cryptocurrency market is very complex, bitcoin investment is very complex as we see it so must start from some.point, I believe learning is a process and for us to learn, we must be part of what we are learning or what we want to learn, no one learn when they are just contemplating on how to invest or when they have not invested, you must have to start your investment with that amount that will be very comfortable for you, taking note of how the market will help us but we should also know that we can learn everything about the market, volatile assets like bitcoin are difficult to understand it's price direction.

[mustapha67]

Talking about knowledge, it is the baseline, and primarily a life wire to an investment, hence, insight is necessary to garrantee such business.  In cryptocurrency, one needs the adequate knowledge of how it works!

It is the same thing with Bitcoin. As a newbie, I don't have a wide knowledge, and if I continue without seeking for guidance on the possible skills needed for commercial exploitation, it becomes a risk and may limit my growth. Therefore, it is important to understand the need for awareness as power in cryptocurrency.

[icebar]

The sad truth is that one can't you can't know everything about the market but you can try to understand how it operates, for instance in Bitcoin investment you just need the basic to get start then along the way you'll understand it better waiting to know everything would make the person miss out on lots of opportunities cause bitcoin is volatile and could go very high while you're still waiting to know it all, atleast understanding the market is better so we can use it to our advantage regardless of it's price movement.

Good advice, I don't know why some people think that they will be able to know everything one day, the bitcoin cryptocurrency market is very complex, bitcoin investment is very complex as we see it so must start from some.point, I believe learning is a process and for us to learn, we must be part of what we are learning or what we want to learn, no one learn when they are just contemplating on how to invest or when they have not invested, you must have to start your investment with that amount that will be very comfortable for you, taking note of how the market will help us but we should also know that we can learn everything about the market, volatile assets like bitcoin are difficult to understand it's price direction.

If you try to learn about something quickly, that knowledge will not be enriched. Those who want to invest after learning about Bitcoin will regret it later. Knowing everything about Bitcoin is definitely a matter of time. If the price of Bitcoin increases much more than the current situation, then the investor who is waiting for investment will regret it at some point and move away from investment. But if he does investment activities regularly from now on and also keeps learning about Bitcoin, then on the one hand he will be able to increase his Bitcoin portfolio and on the other hand it will be easier for him to know about Bitcoin.

[Achalugo BTC]

Don't think that this space is all about Airdrops and tap to earn , is more than that , but you won't be able make good use of the opportunity in it if you lacks knowledge on how it works.  That's why you have  to make good use of your time here to keep learning because they are alot of knowledgeable users here , and beside google is always there to assist you , so leave that comfort and start Doing your own  research it would help to make things move smoother.

It's more reason why I keep trying to advice people here on the forum that being a member of BitcoinTalk and having grown your account is a huge advantage compared to anyone else out there trying to learn crypto. You learn at the same time manage to use your knowledge to earn. Without knowledge you won't grow that's how I know that accounts here on the forum whom have ranked up are people with knowledge of the crypto space. I like the quote from cz as it actually portrays a lot. Learn before your earn. Some people just jump into the crypto space because of how they overheard someone making good amount of money. They didn't bother asking what was his first approach to this before he had made it.

You are absolutely right, as It's very necessary and important for one to learn before you think of earning, and also to be able to make decisions that will be of help to them than what will lead them in FOMO regrets.
And this has always be the common mistakes of newbies, they are not interested in learning or acquiring the basic knowledge and understanding of crypto before they decided whether to invest or not, because whatever the decision they make, they might be a very happy end or a sad end.
So everyone should be careful and always verify information.

[Iroh]

Knowledge is definitely power. Even more so in the world of cryptocurrencies. It's extremely important that you are knowledgeable on whatever coin you're interested in delving into. It can be really profitable if you understand what you're getting into as well as financially damaging if you're ignorant which sadly, a lot of people today are and insist on remaining so.
It's obvious that being knowledgeable in a subject/field gives you a certain level of advantage over others who are clueless on that same topic.
Having adequate knowledge and information, you can on time, recognize and escape most scams and rug pulls.

[Agbe]

The difference between two people is determined by the level of information that each of them are exposed to.we can't remove the role of knowledge in any field of life and coming to crypto knowledge about crypto currency is very important for any one be successful in their crypto hustle. Crypto currency is a community of it's own so for anyone to be successful in that community then having a proper background understanding of such community is needed, most times people are only concerned about making money from crypto but don't give much attention about the technicalities behind crypto which is not a very good thing to do, it's important that as those who interested in crypto that we should keep ourselves abreast with knowledge about crypto currency.