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Author Topic: Knowledge is the foundation  (Read 7909 times)
rachelshineofstar
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July 08, 2018, 10:05:27 AM
 #501

The role of knowledge in Cryptocurrency is of utmost importance. Without sufficient knowledge, I wouldn't even advice one to dabble into it. You need knowledge big time else, the market would tend to give the greatest shock.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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kand19299
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July 08, 2018, 10:06:22 AM
 #502

It is very important and attractive for me to acquire new knowledge about any promising direction of life, including cryptography, which interests me both as a new technology and as a possible earnings.
Tyler2446
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July 08, 2018, 03:47:50 PM
 #503

It is important to gain knowledge because many things in life can easily be taken away from you but knowledge is not. Crypto world is not easy. You have to make research and read more articles about many topics for you to be able to perform well.
code
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July 09, 2018, 10:31:09 AM
 #504

Without fundamental knowledge it is impossible to move forward and develop. If you are a beginner then start your let with a wonderful book Nathaniel Popper Digital Gold
Bughah
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July 09, 2018, 10:44:58 AM
 #505

I will share my experience. Before I began to invest and trade in crypto-currencies, I studied the Bitcointalk forum for several weeks. I asked advice from experienced people and learned the acquired knowledge.

Exactly knowledge is really a foundation particular in this crypto industry.Knowledge of trading and holding are very important.
efey39
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July 09, 2018, 10:47:59 AM
 #506

The information in the crypto currency platforms is very important and very valuable. The entire stock market is made up of information and technical terms. even in the crypto market which means that information is money.
dnxfgjhk
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July 09, 2018, 10:50:14 AM
 #507

Most subjects are asking for advice. They are very irresponsible to invest. Investment encryption must first understand encryption.
vladisad
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July 09, 2018, 10:50:43 AM
 #508

Everyone knows that knowledge is certainly the foundation of everything. It is very helpful to have  knowledge about crypto.  If you are planning to become a very good trader, you should learn more about the crypto, trading and the market every day. Then you will have a success.
cabin
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July 09, 2018, 10:55:43 AM
 #509

Yes, I agree with you definitely that knowledge is the foundation to achieve any good thing in life, if you are thinking of joining cryptocurrency, it is good for you to take you time to read as much as you can to have a very good knowledge of crypto and what it is about and how you can invest to make reasonable profit on your investment.
hotBriX001
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July 09, 2018, 11:02:17 AM
 #510

I will share my experience. Before I began to invest and trade in crypto-currencies, I studied the Bitcointalk forum for several weeks. I asked advice from experienced people and learned the acquired knowledge.

It is in my experienced too, before I start adapting crytocurrency industry, I learn it first by means of asking my collegues about bitcointalk forum, because he has enough knowledge in managing bitcoin platforms. Then I start doing research in some websites inorder to know what is bitcoin investment really meant to be. Then at this point I gained a little knowledge about bitcoin forum on how to earn by investing time and effort through joining social media bounty campaign.

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EfterlysT
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July 09, 2018, 02:52:36 PM
 #511

"He who owns the information, owns the world". So yes, absolutely, knowledge is more important tool you can get for participating in the cryptomarket. You knowledge determines if you succeed or not. Without having any knowledge about the coin you're investing in, you can lose all your money.
boss82_big
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July 09, 2018, 06:06:19 PM
 #512

In my opinion, this market is a market for the future, and everyone who is now analyzing or already trading on it is successful people, but the big difference between them is that they understand this market and can trade here.
Marcel555
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July 09, 2018, 06:08:28 PM
 #513

I share that opinion.
I believe that in any venture or new sphere you need to first arm yourself with information and garner knowledge.
democity
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July 10, 2018, 01:41:43 AM
 #514

Knowledge is needed, but it is more important to learn how to accumulate experience in transactions. Only in this way can we get opportunities in complex markets.
ngantrann206
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July 10, 2018, 12:02:04 PM
 #515

knowledge is the most decisive thing in doing something,without it, we can never do what we want to do, so in the crypto world, read much things we do not know and never shy to ask is the main condition to be able to grow in the world crypto ,it is true that the knowledge is the foundation that we have to dig deeply
 
markieeeloy
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July 10, 2018, 01:35:18 PM
 #516

Like the common sayings "before you go to war, make sure that you know when to strike". It is best to apply these cases in cryptocurrency, because the price of the crypto coins is volatile, it could reach from 0-100 and 100-0 price.

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doglasslim
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July 10, 2018, 01:45:09 PM
 #517

This is absolutely true. No knowledge is a waste in Crypto. And there is this saying that Rome was not built in a day. What this implies is that as a newbie in the Crypto ecosystem, one has to gather knowledge either from the experienced ones in the field who are closer to you or through the internet. With internet, one can get any information on any area of cryptocurrency from any part of the world that an individual resides
labake
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July 10, 2018, 01:49:28 PM
 #518

As matter of fact, I gave kudos to the author of this post again even after I had given some merits to the post. I would have done more than this because I'm just too glad about the post. Absolutely  knowledgable.
Omparkash72
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July 10, 2018, 02:18:56 PM
 #519

Yes it is absolutely right knowledge is mandatory not only in crypto investment but in every field you need knowledge to be successful. If you want to invest in crypto or you are interested in bounty campaign first step is to get knowledge of that . There is no short cut of success in crypto otherwise you will have to prepare for bearing loss due to lack of knowledge.For a newbies it is mandatory, getting knowledge will give you courage and how market fluctuate and the reason behind that.

honex2
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July 10, 2018, 02:24:57 PM
 #520

I can't agree less with you. Houses built on solid rock stands and can't be shaken meaning you will have clear knowledge  how to handle FUD when to take profit and when to look the other way market puts you underpressue
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