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Author Topic: Information is the key!  (Read 305 times)
Marcel555 (OP)
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August 04, 2018, 04:35:18 AM
 #1

The crypto space is undoubtedly experiencing a mass influx of enthusiasts. Partly due to the awareness the most recent bullbrun brought, and the extra publicity on the potential application of the blockchain technology and how it can affect the future. This has also resulted in a plethora of new coins, with unique use cases.

To stay on top in this sphere (especially when trading altcoins) I think the key word is INFORMATION, always be updated on changes and possible annoncements.
There are usually a lot of noobs, who are easily swayed by news (possitively or negatively), and such panic or FOMO can have a telling effect on the market. (especially on a newly launched currency)

Always be selective of the information provided, it is advisable to always do your own research as opposed to suggestions from others (even highly regarded crypto influencers)

Timing is all important. Cryptocurrencies are wholly unstable. You'd need the right timing to make the best of the constant fluctuations in the market.

Always protect your capital! The possibilities of higher returns is alluring, but always weigh them against the risks involved. (I would rather sell my assets too early, and miss the highest spike, than too late, that I'd have to be waiting for another pump)
Always take profits when you can, as nothing is certain in crypto.
bitfocus741
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August 06, 2018, 08:03:17 PM
 #2

Information can be only useful if they make sense. The market is so unpredictable that sometimes information also fails to show the right path. But, I must agree that people who can interpret these information and analyze properly always get the upper hand in the market.
Hoho29
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August 06, 2018, 08:22:43 PM
 #3

Information can be only useful if they make sense. The market is so unpredictable that sometimes information also fails to show the right path. But, I must agree that people who can interpret these information and analyze properly always get the upper hand in the market.

Sometimes fake information has a bad impact specially news about exchanges hacks , unfortunately good news or information about new development on the project or something else take time to take effect .
People always care about bad information .

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August 06, 2018, 08:25:20 PM
 #4

I agree with the opinion that information is the key and you can use with different aims. the person who has information is the person who has power to make others do what he or she wants them to do
Exchange20!8
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August 06, 2018, 08:33:31 PM
 #5

I can agree, that information is the key. But to find good and usefull information not so easy. You can spent hours reading forum, medium, steemit and get literally 0 usefull info..
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August 06, 2018, 08:33:37 PM
 #6

It's definitely an idea that I'm joining. Knowledge and patience are the most important keys to investment. Of course, make your assessment.
Youngflydude256
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August 06, 2018, 08:36:02 PM
 #7

Great observation and write up you have made. If every cryptocurrency newbie/enthusiast follow by this principles and guidelines then they might never go wrong in this crypto business.
bttmember
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August 06, 2018, 08:38:39 PM
 #8

Very nicely stated, i think in the world of altcoins, fundamental news and events are the key, if you are pro active and a good reader of the news you can make good money around that time, your post is also trying to express this point right.

Byzantium101
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August 06, 2018, 08:39:19 PM
 #9

The crypto space is undoubtedly experiencing a mass influx of enthusiasts. Partly due to the awareness the most recent bullbrun brought, and the extra publicity on the potential application of the blockchain technology and how it can affect the future. This has also resulted in a plethora of new coins, with unique use cases.

To stay on top in this sphere (especially when trading altcoins) I think the key word is INFORMATION, always be updated on changes and possible annoncements.
There are usually a lot of noobs, who are easily swayed by news (possitively or negatively), and such panic or FOMO can have a telling effect on the market. (especially on a newly launched currency)

Always be selective of the information provided, it is advisable to always do your own research as opposed to suggestions from others (even highly regarded crypto influencers)

Timing is all important. Cryptocurrencies are wholly unstable. You'd need the right timing to make the best of the constant fluctuations in the market.

Always protect your capital! The possibilities of higher returns is alluring, but always weigh them against the risks involved. (I would rather sell my assets too early, and miss the highest spike, than too late, that I'd have to be waiting for another pump)
Always take profits when you can, as nothing is certain in crypto.


Well, yes, we all understand that information is the key, but it would be better if you gave some sites you like to find information about criptos.

aganovalbert
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August 06, 2018, 09:20:47 PM
 #10

Well it is not guaranteed you will earn smth while study new information. But it is 100% guaranteed you will never earn even 1 coin if you not  study new information  Roll Eyes

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IVEXO
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August 06, 2018, 09:33:46 PM
 #11

Information is really vital
The more you get involved in researches you find several clues and next steps of biggest projects
And you get to have first hand investment before price rises

Always dyor
MOG247
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August 06, 2018, 09:39:12 PM
 #12

Information is powerful and it is the key to success. Anything you are doing without getting full information about it is bound to fail.
cryptogeek101
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August 06, 2018, 09:40:48 PM
 #13

The crypto space is undoubtedly experiencing a mass influx of enthusiasts. Partly due to the awareness the most recent bullbrun brought, and the extra publicity on the potential application of the blockchain technology and how it can affect the future. This has also resulted in a plethora of new coins, with unique use cases.

To stay on top in this sphere (especially when trading altcoins) I think the key word is INFORMATION, always be updated on changes and possible annoncements.
There are usually a lot of noobs, who are easily swayed by news (possitively or negatively), and such panic or FOMO can have a telling effect on the market. (especially on a newly launched currency)

Always be selective of the information provided, it is advisable to always do your own research as opposed to suggestions from others (even highly regarded crypto influencers)

Timing is all important. Cryptocurrencies are wholly unstable. You'd need the right timing to make the best of the constant fluctuations in the market.

Always protect your capital! The possibilities of higher returns is alluring, but always weigh them against the risks involved. (I would rather sell my assets too early, and miss the highest spike, than too late, that I'd have to be waiting for another pump)
Always take profits when you can, as nothing is certain in crypto.


I think this is one of the best advice I have ever heard recently in the crypto community, "(I would rather sell my assets too early, and miss the highest spike, than too late, that I 'd have to be waiting another pump') Always take profits when you can. as nothing is certain in crypto". Information is very important in the cryptocurrency space, we need it all the time. Thanks

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bond07
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August 06, 2018, 10:00:21 PM
 #14

I think the information you provide is very helpful. Of course everyone must insist on their own intelligence. Be sure to check before investing. Then an investor can easily benefit from it.
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August 06, 2018, 10:20:35 PM
 #15

There is a good proverb illustrating this investment approach: a bird in the hand is better than a crane in the sky. I always try to  remember this proverb.
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August 06, 2018, 10:23:13 PM
 #16

Yeah that's true it is always good to have proper information about anything not just cryptos, having the right information will make you to make a good decision an the good decision will always make you to make some great profit.

CryptoBry714
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August 06, 2018, 10:45:37 PM
 #17

Timing is the most important thing in crypto world. You must know when to hold, when to buy or when to sell. So a good strategy can make most profits.
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August 06, 2018, 11:00:58 PM
 #18

Reading is the key to this complex world of crypto currency. Information you gathered from reading helps you to solve and improve your understanding and gives you the upper hand of disseminating the right information to the fake ones.
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August 06, 2018, 11:06:32 PM
 #19

I believe also that information is the key,reading and watching videos makes you gather more information around the world.Information makes your knowledge boost and it will helps you to answers anything in crypto.

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August 06, 2018, 11:19:01 PM
 #20

The crypto space is undoubtedly experiencing a mass influx of enthusiasts. Partly due to the awareness the most recent bullbrun brought, and the extra publicity on the potential application of the blockchain technology and how it can affect the future. This has also resulted in a plethora of new coins, with unique use cases.

To stay on top in this sphere (especially when trading altcoins) I think the key word is INFORMATION, always be updated on changes and possible annoncements.
There are usually a lot of noobs, who are easily swayed by news (possitively or negatively), and such panic or FOMO can have a telling effect on the market. (especially on a newly launched currency)

Always be selective of the information provided, it is advisable to always do your own research as opposed to suggestions from others (even highly regarded crypto influencers)

Timing is all important. Cryptocurrencies are wholly unstable. You'd need the right timing to make the best of the constant fluctuations in the market.

Always protect your capital! The possibilities of higher returns is alluring, but always weigh them against the risks involved. (I would rather sell my assets too early, and miss the highest spike, than too late, that I'd have to be waiting for another pump)
Always take profits when you can, as nothing is certain in crypto.


Information is the greatest key of our time,we should get more available information to update ourselves all the time. The cryptocurrency world is an evolving one with so many information to catch on. I think your advice is good. Thanks

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