Give a man a fish or teach him how to fish

[Wendigo]

'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

There is one slight difference though. You can't just connect to the Blockchain and start receiving free Bitcoins. You would need a stick and a cord and some grubs to start fishing. For Bitcoin, mining equipment aka the fishing equipment equivalent would run you several ten or hundred thousand dollars easily. If you want to work in the crypto space, you would need to get a degree or learn skills and get paid like any common day job out there. Bitcoin doesn't provide free riches to everyone.

[gabbie2010]

'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

People are always after cutting corners to achieve their ultimate aim "to eat fish not ready to learn how to fish" There are many fields in cryptocurrency that when fully utilized will create job opportunities like trading, mining, blockchain developing e.t.c all these jobs are self sufficient jobs that requires taking a personal decision.

[Cairo18]

uote author=gabbie2010 link=topic=3434380.msg35842519#msg35842519 date=1524977872]

'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

People are always after cutting corners to achieve their ultimate aim "to eat fish not ready to learn how to fish" There are many fields in cryptocurrency that when fully utilized will create job opportunities like trading, mining, blockchain developing e.t.c all these jobs are self sufficient jobs that requires taking a personal decision.
[/quote]


For me "teach him how to fish"these qoute realizes that no one can achieve a dream without struggles,challenge's and hardwork to caught .If we learned we may appreciate the good result or the hardworks that we may dream. If  we keep on begging or wait of what is given to us, nothing will happen.

[Notcalculator]

That's true. Especially because you need a good understanding of the technology itself to identify crap coins to good ones. It's really hard too since most media covering cryptos have a poor understanding of it. They're mostly overselling it like it's always the new big thing. You need to be able to get information yourself to be ahead of others.

[maxim000]

On logical grounds its better to teach man how to fish. In this world of cryptocurrency, your own indepth knowledge of this new arena of digital currency will keep your platform solid and your future secure to earn money ( equalivant to fishing yourself). Getting second hand knowledge and depending on others for earning assests will make your ship sink one day. Stay well read and be your own boss.

[LanzCoinPress1994]

'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

I agree with your opinion. No need to relies on others opinions. Only social media hype cannot make more futurable coin. Some of the people may think, the Cryptocurrency which has attractive web page will become more successful. They hesitate to take own decisions. If you do own research and chose a coin then, you do not need to blame someone if that goes wrong. By understanding the aim of the project, reading the whitepaper and find out the members of the team will lead you to take a concrete decision. Learning fishing is hard but once you learn it, not only eat for a lifetime but also you able to buy a ship if you make right decisions. Same as the crypto-world.

Thanks

[ASHLIUSZ]

It's upon the necessity of the respective person, because if the person is in hard and immediate need then giving the fish is a wise choice. Apart from the same, if the person is in need for a longer survival teaching him about fishing is the best. Same is the case with digital currency as well.

[Dapper]

Teach yourself how to fish and don't worry if others have fish or know how to fish or not because there are not enough fish left in the sea to feed everyone.

-Dappercius

[Dapper]

Build your canning factory when everyone else is learning how to fish.

-Dappercius

[costanos02]

For me I'll teach him how to fish, by doing this that man will definitely learn how to fish on his own, without help from the others, when he learn he can stand on his own feet and proudly face the world with a big smile.

[Dark_raven007]

Yes, I really missed the mentor at the beginning of my journey. All that I was offered help, usually just wanted to be tightened to my company. I was inexperienced, but in fact, they turned out to be nothing, they can not do anything. I made myself and left them behind.

[Wendigo]

Build your canning factory when everyone else is learning how to fish.

-Dappercius

I guess the canning factories when related to the crypto industry are today's crypto exchanges or specialized mining hardware manufacturers. They always turn a profit regardless of the Bitcoin price. It's a sweet business venture. Work smart not hard as they say 

[Dapper]

Build your canning factory when everyone else is learning how to fish.

-Dappercius

I guess the canning factories when related to the crypto industry are today's crypto exchanges or specialized mining hardware manufacturers. They always turn a profit regardless of the Bitcoin price. It's a sweet business venture. Work smart not hard as they say 

That would be one take on it, of course.  I meant in general there is always another angle to take and for myself, it's not running down to the river to stand around holding fishing poles like everyone else. 

:-)

[CryptopreneurBrainboss]

The quote above is true,  remember not all have access to various information must of this bloggers and youtubers have I mean the legitimate ones not the predictors. I also have a quote "Take advice form mentors not advisers ] advicer usually don't have experience but mentors do.  Like the BItcoincash and bitcoingold case, it was advice I thought from my mentors that gave me my success so the whole issue rest on information. When you're informed you can't be deformed. As a newbie you can rely on them while you develop yourself.

[JoshuaBlack1]

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.

That is so true. By getting the low hanging fruit off social media you are more likely to be getting information that is rotten which compounds the danger to new investors.

[marjon]

Precisely! That's what I did actually, I'm doing tutorials for newbies from on and offline. I'm just sharing all my knowledge including DOs & DONTS. Teaching them the right way how to earn real money from Bitcoin without spending penny. I won't give them Bitcoin but rather gave them my whole passion in this field.

[rosepetals]

'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

Right,giving is a nice act but if we keep on giving they will become lazy because they never learn how to make a living.Its better to teach them on how things work even in the crypto world.Theres nothig comes easy but if we guide them most probably they will learn and like us they can also make a living in this forum if they will be open minded to learn about cryptocurrency business.

[Nilda]

I couldn’t agree with you more. But the thing is, this applies only to people who are willing to help themselves. I have friends who still wouldn’t go into bitcoins despite all the tips and tricks I’ve imparted to them.

[talkbitcoin]

if they were actually giving them "fish" then it could have been a good thing and we could close our eyes on it but they are not even doing that. they are giving bad advice and making the situation in the altcoin market even worse and fill the pockets of the whale pumpers that reside in the market.

[Virtual miner]

'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 an obvious thing. Once you yourself are clear with the entire system, and you possess the necessary facts n figures, you need not ask anyone or be dependent on anybody. That is why it is very clear that one should be equipped with the required knowledge well before investing, trading and posting on this forum.

But bitcoin talk forum is a platform where people with some knowledge and others who are newbies interact with each other and share their point of views. So I don't think there is anything wrong in doing that. if someone has a query may clarify it here on this forum. that does not mean, you will be judged. But of course stupid questions are just a waste of time.