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gribble
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August 15, 2017, 07:02:19 AM
 #61

I am new in Bitcoin and Just start learn about bitcoin. you need learn about bitcoin and get knowledge. then you will be successful in cryptocurrency world.
No you will not be succesfull in cryptocurrencies world without making any business with bitcoins and another digital coins
you just can get the knowledge about bitcoins but you will not get the income,
you must do investing into bitcoins or other altcoins, you can mine bitcoins and digital coins, trading altcoins or bitcoins to fiat
or sell your skills for bitcoins, just learn bitcoins without investing is useless.

   
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August 15, 2017, 07:04:36 AM
 #62

People who I know and are involved in crypto currencies, whether they are trading or just buying and holding or mining, 100% they are software engineers like myself. For me the terms encoding, encryption or hashing are terms that I can easily understand. What about non-tech guys? What do you understand by blockchains, hashing functions or bitcoin network as itself. Git? Open-Source? What about BIPs? Segwit?

Actually, I know one guy who is a banker and owns an exchange platform, but he understand all the concept and theories about the crypto world without having knowledge in computer science.

Does it really matter to know all these things to be a good trader?

So, what do you work?

Well, you software engineers are one step ahead when it comes to understanding technical words such as encryption, hashing, and so on but it doe not have a guarantee that you will fare better than those who have very elementary understanding of these in terms of making money in crypto trading and reading charts.

I think they don't matter that much. A good trader needs some trading skills and analysis but not software engineering skills.



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August 15, 2017, 07:09:11 AM
 #63

People who I know and are involved in crypto currencies, whether they are trading or just buying and holding or mining, 100% they are software engineers like myself. For me the terms encoding, encryption or hashing are terms that I can easily understand. What about non-tech guys? What do you understand by blockchains, hashing functions or bitcoin network as itself. Git? Open-Source? What about BIPs? Segwit?

Actually, I know one guy who is a banker and owns an exchange platform, but he understand all the concept and theories about the crypto world without having knowledge in computer science.

Does it really matter to know all these things to be a good trader?

So, what do you work?

So you are pointing to the fact one needs to be technical expert to understand Bitcoins or even make some money in it, we'll I beg to differ, one needs not even know those terms and yet they will make good amount of money, this forum is there for a reason, so that people can find what they don't get, when I first came here, I was confused, there was just to much, slowly I started reading, asking people and doing my research and I did just fine. I think you should do the same.

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August 15, 2017, 07:09:23 AM
 #64

I think if you want to be a trader you do not need to know the back bone of programming in a certain coin, what you need to know is the technical analysis of the chart and the fundamental analysis. Traders mostly rely to the movement of the market.


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August 15, 2017, 07:32:35 AM
 #65

People who I know and are involved in crypto currencies, whether they are trading or just buying and holding or mining, 100% they are software engineers like myself. For me the terms encoding, encryption or hashing are terms that I can easily understand. What about non-tech guys? What do you understand by blockchains, hashing functions or bitcoin network as itself. Git? Open-Source? What about BIPs? Segwit?

Actually, I know one guy who is a banker and owns an exchange platform, but he understand all the concept and theories about the crypto world without having knowledge in computer science.

Does it really matter to know all these things to be a good trader?

So, what do you work?

Honestly, those terms that you've mentioned are all jargon to me. Even BIP and segwit, I only have limited knowledge about those but I do trading. I already earned some profit from it. I don't think that knowing those terms are required to earn from trading but it can be an advantage. For you to be a good trader, first, you should accept the fact that it is very risky. Next, you should learn how to diversify your investments and invest only what you can afford to lose. Third, you should have long patience about your investments. Lastly, you should have some knowledge about the coins where you will invest your money.

Knowledge is a very nice tool in trading but it is not necessary that you are very much educated about computer science. It can be an advantage but not required.

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August 15, 2017, 07:48:07 AM
 #66

All it takes to be a good trader is Patience and Kesabaran dan keKesabaran dan ketalaPatience and thoroughness in reading market and price movements and market trends And also always monitor the price. I believe you will be successful Wink
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August 15, 2017, 07:59:09 AM
 #67

I'm a student but bitcoin really caught my attention so studied a lot about bitcoin and learned the basic things about it

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August 15, 2017, 08:04:51 AM
 #68

You do not need to have knowledge about computer stuffs to be a trader. You only need to know about the market. How it works and how it is influenced. You also need to keep yourself updated about current news and affairs and how it is going to affect the market. No technical knowledge needed here.


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August 15, 2017, 08:05:35 AM
 #69

I'm still a student however in the future I'd like to become an engineer or go to law school. And perhaps do something with the law and finance to have better insight in the current space.
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August 15, 2017, 02:58:16 PM
 #70

for now i'm a worker company. but i have planned to stop to work i want to continue what I'm doing now in here to joining signature campaign and especially trading section.

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August 15, 2017, 03:06:10 PM
 #71

for now i'm a worker company. but i have planned to stop to work i want to continue what I'm doing now in here to joining signature campaign and especially trading section.
You may encounter problems in the future. Don't put all your eggs in one basket. If she falls you can stay without food. Similarly, you cannot leave your current job. If something happens with bitcoin you always have a chance not to remain without money.

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August 15, 2017, 03:12:11 PM
 #72

I'm still a student however in the future I'd like to become an engineer or go to law school. And perhaps do something with the law and finance to have better insight in the current space.
Congrats, let your wish come to reality. To be an engineer is a good choice, and I suggest you to be clear in your stand whether you an to be an engineer or a lawyer. I suggest you to give consideration to be an Blockchain developer, because in the coming days everything will depend on the particular technology.

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August 15, 2017, 03:15:48 PM
 #73

No matter what job you do, I do not think it's related to the current btc job. All you have to do is study btc and work hard. If you try to learn, knowledge of btc will gradually become easier, so I, too, I am trying everyday to be able to self-self thanks to btc job.

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August 15, 2017, 03:27:27 PM
 #74

The philosophy of all crypto currencies is the distance from the government. Bitcoin is a tool of absolute democracy. Any legislation is a dictatorship. The more attempts will drive bitcoin into the framework of the laws the more he will lose the appeal and may lose the whole meaning of his existence.

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August 15, 2017, 03:32:28 PM
 #75

You do not need to be a Software Engineer to understand the basics. Once you have read a few Beginner manuals or watched

a few Bitcoin Beginner videos, the Bitcoin jargon comes natural. I am not a Software engineer, but I am multi-skilled and have

a ICT background and this made it a bit easier to understand. You should grasp the basics within the first few weeks.  Grin

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August 15, 2017, 03:37:39 PM
 #76

If we want to be a good trader you need to know about the science of trading first so you can understand about science and when you will lose or lose You must remain calm and patient to face the losses you experience. And failure is your key to getting a lesson about your attitude to know how to trade science.

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August 21, 2017, 07:49:36 PM
 #77

i don t wrok am still studient. am waiting to be graduated and start my professional life. so that i can have work and earn money an be rich :p
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August 21, 2017, 07:56:45 PM
 #78

People who I know and are involved in crypto currencies, whether they are trading or just buying and holding or mining, 100% they are software engineers like myself. For me the terms encoding, encryption or hashing are terms that I can easily understand. What about non-tech guys? What do you understand by blockchains, hashing functions or bitcoin network as itself. Git? Open-Source? What about BIPs? Segwit?

Actually, I know one guy who is a banker and owns an exchange platform, but he understand all the concept and theories about the crypto world without having knowledge in computer science.

Does it really matter to know all these things to be a good trader?

So, what do you work?

There is hardly no field one cannot feature in the crypto world for me, I work as an accountant and auditor to ensure accounting books are kept according to rules and regulations of the law but still I understand some theories about blockchain and bitcoin and I still function very well but when it comes to technical part, I am a novice but thanks to guys around the forum that breaks it down for proper understanding.

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August 21, 2017, 09:37:59 PM
 #79

People who I know and are involved in crypto currencies, whether they are trading or just buying and holding or mining, 100% they are software engineers like myself. For me the terms encoding, encryption or hashing are terms that I can easily understand. What about non-tech guys? What do you understand by blockchains, hashing functions or bitcoin network as itself. Git? Open-Source? What about BIPs? Segwit?

Actually, I know one guy who is a banker and owns an exchange platform, but he understand all the concept and theories about the crypto world without having knowledge in computer science.

Does it really matter to know all these things to be a good trader?

So, what do you work?

If one would like to be a good trader, he needs to have some knowledge about what's going on behind all of these coins. This knowledge shouldn't be barely technical. If you have personal interest in techical side of them, it's free to learn. However, to be a good traders, it's not a must. You need to know the basics of the projects you trade in.

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August 21, 2017, 10:29:42 PM
 #80

its interesting how many people are studying, im as well a student and hope to work as a lawyer in the future...  Roll Eyes
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