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Author Topic: Give a man a fish or teach him how to fish  (Read 1163 times)
J Sykes (OP)
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April 28, 2018, 10:43:35 PM
Merited by DooMAD (2), Prodigan786 (1)
 #1

'If you give a man a fish, he will eat for a day. Teach him how to fish and he eats for a lifetime"

This quote for me sums ups the best strategy for succeeding in cryptocurrency. Too many people trawl through forums, articles and youtube videos looking for what people say will be the next big coin. All you are doing here is accepting free metaphorical fish of people. A better strategy would be to learn about blockchain, distributed ledgers, distributed consensus and immutability. Then look into geopolitical events, then look into other economic markets outside of cryptocurrency for macro trends and then you will be able to make decisions on solid projects for yourself. This whole movement is about becoming independent so relying on other peoples opinions to form your own is a very dangerous game
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April 28, 2018, 10:56:06 PM
 #2

It is true that we should teach them to learn how to fish and give fish that we can only do occasionally, and learning about bitcoin or the world of cryptocurrency is very important for those around us.
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April 28, 2018, 10:58:59 PM
 #3

'If you give a man a fish, he will eat for a day. Teach him how to fish and he eats for a lifetime"

This quote for me sums ups the best strategy for succeeding in cryptocurrency. Too many people trawl through forums, articles and youtube videos looking for what people say will be the next big coin. All you are doing here is accepting free metaphorical fish of people. A better strategy would be to learn about blockchain, distributed ledgers, distributed consensus and immutability. Then look into geopolitical events, then look into other economic markets outside of cryptocurrency for macro trends and then you will be able to make decisions on solid projects for yourself. This whole movement is about becoming independent so relying on other peoples opinions to form your own is a very dangerous game

yeah that was right, we can't just giving them for no reason. But we can giving them a lesson also so they can make it by their own way
people have their unique of thingking and have some chosen path all that need it just getting know and learn

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April 28, 2018, 11:01:13 PM
 #4

Sound advice, there's a lot to be said for the people who have a strong base understanding on cryptocurrency and the technology behind them as well as markets and how they tend to operate. If you can understand all these things you are in a good position to continue to make well grounded and informed decisions. If not you are constantly relying on others for your information and while they may feed you good information for a while, eventually you'll get unlucky and someone will not have prepared the fish properly and you'll get food poisoning.

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April 28, 2018, 11:02:21 PM
 #5

Couldn't agree more. Not so much on this forum but there are allot of people stood with their hands out in this space. I think if you can be proactive in your approach to this space it will give you a huge advantage. The most experienced of people in this space are only a few years out in front. With dedication you can get to a very good level of understanding relatively quickly and because the space is always changing, more than any other in my opinion you have countless opportunities to be at the tip of the spear in this space!
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April 28, 2018, 11:05:20 PM
 #6

'If you give a man a fish, he will eat for a day. Teach him how to fish and he eats for a lifetime"

This quote for me sums ups the best strategy for succeeding in cryptocurrency. Too many people trawl through forums, articles and youtube videos looking for what people say will be the next big coin. All you are doing here is accepting free metaphorical fish of people. A better strategy would be to learn about blockchain, distributed ledgers, distributed consensus and immutability. Then look into geopolitical events, then look into other economic markets outside of cryptocurrency for macro trends and then you will be able to make decisions on solid projects for yourself. This whole movement is about becoming independent so relying on other peoples opinions to form your own is a very dangerous game

Well, I like to read the forums to get a feel for the sentiment in the market. Sometimes I come across new coins to look at, but I take everything I read with a grain of salt and do my own research. It's useful to come across some shady stuff every now and then... keeps the brain sharp. Smiley

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April 29, 2018, 01:02:15 AM
 #7

If you plan to look for the next big coin you need to do the research by yourself, sometimes that person only need more support or he is the part of the marketing team, all the decisions need to come from us, so we need to learn by ourselves not to depend on the other, you can take the person advice as a reference but in the end you need to do your research to decide


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April 29, 2018, 01:26:15 AM
 #8

But in fact many people are lazy to learn fishing, and choose a fast way to get the fish and eat it. then whether we, will teach something of value to those who do not want to learn. for me, I will not teach people who do not want to learn, unless he wants to learn. I will tell you new, according to my ability. Because Cryptocurrency science is expensive!
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April 29, 2018, 01:27:42 AM
 #9

A great quote that can be applied to pretty much anything. Doesn't mean that you should ignore opinion pieces completely though, as mentioned above, these (if a wide ranging selection is used) will give you a feel for the investor sentiment. And yes, the best way to succeed in these Wild West days of the markets is to learn learn learn. I use a number of YouTube channels and trading websites to keep up to date on news and learn more about trading. In the last 6 months, I have learned some invaluable tips, now I just need to make sure I stick to them - and it's not always easy. Go fish.

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April 29, 2018, 01:36:02 AM
 #10

Hmmm, I totally agree with what you say If you give a fish to a man, he will eat for a day. Teach him how to fish and he eats for life "
Similarly it is better if we teach them how to fish because it will be more useful for him,in addition he will also always remember what is taught...
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April 29, 2018, 01:55:46 AM
 #11

'If you give a man a fish, he will eat for a day. Teach him how to fish and he eats for a lifetime"

This quote for me sums ups the best strategy for succeeding in cryptocurrency. Too many people trawl through forums, articles and youtube videos looking for what people say will be the next big coin. All you are doing here is accepting free metaphorical fish of people. A better strategy would be to learn about blockchain, distributed ledgers, distributed consensus and immutability. Then look into geopolitical events, then look into other economic markets outside of cryptocurrency for macro trends and then you will be able to make decisions on solid projects for yourself. This whole movement is about becoming independent so relying on other peoples opinions to form your own is a very dangerous game

So true. And far as I know, opinion of others doesn't make any weight specially in crypto sphere. Well, they can persuade others to join the bandwagon, but if you are investors you should learn how everything works before shelling out for hard earn money. That's why a lot of investors got burned early this year, because they really think that bitcoin will continue to go up eventhough we really touch the peak last December. So eventually the market crashes and those who have bought around $16K-$19K was disappointed sold off and experience big losses.

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April 29, 2018, 03:09:04 AM
 #12

A great quote that can be applied to pretty much anything. Doesn't mean that you should ignore opinion pieces completely though, as mentioned above, these (if a wide ranging selection is used) will give you a feel for the investor sentiment. And yes, the best way to succeed in these Wild West days of the markets is to learn learn learn. I use a number of YouTube channels and trading websites to keep up to date on news and learn more about trading. In the last 6 months, I have learned some invaluable tips, now I just need to make sure I stick to them - and it's not always easy. Go fish.

In this qoute we can relate it to cryptocurrency if we just give a man a crypto with knowing how it works it would be useless however if we teach that man how to use and trade the crypto he can earn more in to it. Also if you teach them how to fish they will remember it and earn from it than giving them a fish that can feed him for a day.

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April 29, 2018, 03:21:20 AM
 #13

I agree to you it is much better to teach a person how to fish than giving them a fish...  Even in school it is happening... It is much better if you teach or guide your student to seek an answer to their questions in life rather than spoon feeding them with information...  Here for me it is much better to help people in needs to understand much a lots about crypto rather than teaching them all information...  Learning will takes longer time if we are the one who pursue to get it rather than we just only heard it with other....  We are just here to guide everyone but we dont need to rely to much....  Because it will makes us always dependent and we are just controlling our self to dig deeper to deepen our understanding....
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April 29, 2018, 03:22:55 AM
 #14

i couldn't agree more.
and the biggest problem is that all those other people on the internet (Youtube, Twitter, Telegram,...) that are giving advice on what to buy don't know what they are talking about themselves! they are always posting about the coins they want to get pumped. so metaphorically speaking they are giving you a rotten fish instead.

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April 29, 2018, 03:25:58 AM
 #15

Well if you are an knowledgeable person and willing to teach him how to fish it's better to do that. For me I will teach the people that wants to know about the crypto and how gain money from there, because I want to share my blessings that I have to other to help them.
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April 29, 2018, 03:27:07 AM
 #16

I always see that quote as a very meaningful one which is applicable in all aspects of life. Its rather practical to teach someone on how the system works for him to earn as well  than always lending him money to supply his needs.
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April 29, 2018, 03:30:36 AM
 #17

So what do you mean man? I thought that you will teach people here how to fish LoL
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April 29, 2018, 03:45:56 AM
 #18

What shall happen if there's no fish in thr pond for fishing???
It depends on the specific cases. You can take all advice for your reference and make a decision yourself independently or via versus. But one problem might still arise here: your decision is still wrong and you have to pay a very high price for that, just called "idiot decision"! And then, what shall happen if you loose your control or confidentiality?
In any cases, everything can be changed and you have to follow the changes
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April 29, 2018, 03:47:37 AM
 #19

This is qoute is applicable for a successful person due to the use of bitcoin for many other people uses bitcoin and instead of gaining, they are losing money instead due to investment scams which we think that are easy money. So if you know a better way to earn money from bitcoin, i would like to hear it.

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April 29, 2018, 04:41:54 AM
 #20

'If you give a man a fish, he will eat for a day. Teach him how to fish and he eats for a lifetime"

This quote for me sums ups the best strategy for succeeding in cryptocurrency. Too many people trawl through forums, articles and youtube videos looking for what people say will be the next big coin. All you are doing here is accepting free metaphorical fish of people. A better strategy would be to learn about blockchain, distributed ledgers, distributed consensus and immutability. Then look into geopolitical events, then look into other economic markets outside of cryptocurrency for macro trends and then you will be able to make decisions on solid projects for yourself. This whole movement is about becoming independent so relying on other peoples opinions to form your own is a very dangerous game

That is absolutely right, being a independent person is the best things that can we credited to ourselves. I do believe that it is much better to teach other so they can able to do it for themselves for a lifetime than to give them or brings to them the already product of your worked because that will be only once or twice and won't be last longer. However, it is better to gain anythings that you needed if we do it in our own and not because by other people.

R


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