Information is the key!

[Marcel555]

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.

[Indrawan77]

Yes, information and knowledge is the key to success in investing and trading, if we get the wrong information then it will affect our judgement and can make the wrong move, so its important to find a legit and reliable source when we want to invest or trade, if we already got the right information then we just need to control ourselves

[mrcastelo]

Like the saying goes KNOWLEDGE is POWER, Yes, information and knowledge is important in anything we do especially in investing. Because if we dont know anything or we get a wrong information about a certain project. we might get scam or we might end up losing more money instead of earning.

[fransxavariustintin]

you are right, I agree with you, finding information about crypto is important, I am always selective in finding information, I find out information about altcoin by comparing some information and comparison of data, if the information I receive is wrong then it will have a bad impact on me and my investment.

[Cemploon]

of course, because of the existence of information, then we will better know a lot of things. And if we find out much more information, it will be a lot more knowledge, so that we become smarter. This information also helps us in many ways.

[dekleni]

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.

really true with the information we are not alert to news about btc. if we get the wrong information, our steps will be wrong. be careful in steps

[Btcepenbob]

Absolutely, having alot of information in every corner of cryptocurrency is already your edge among the other investors. Many information can help you win over a very critical situation.

[bungutko]

Yes, I agree that information is the key to achieve one's goal. With the right information you acquired, it will be absorbed as your potential knowledge and that is why, reading very informative information could help you understand more on cryptocurrency. Read as many articles and news to be more be updated on what has been happening in the crypto market so that you will also be aware with your investment if you will continue or sell your crypto's and earn good profit.

[Tawong38]

Yes information is really important to us so that we know what where dealing with especially here in crypto we should have the information about the market about the altcoins we are holding and about the icos we are joining.also good information will lead us into the right path they will help us to be more precise in our decision.

[maksimukr1989]

Yes, the cryptocurrency market is volatile.Here it is necessary to correctly recognize the signals and act according to them.Of course, without knowledge and experience can not do here.It is a fact

[Houseman]

Information is really important, but there are too many information that flow all over the place. It is important to know how to filter the information and also how to find the correct information. Without accurate information, we will choose and make the wrong decision.

[AzureDragon]

I do not quite agree with the author. Of course, the information and observation the market is useful. But, at the same time, author says that market is unstable.
Which means sometimes we need to take risks to make some profit. Without that you will stand still.

[3kpk3]

Completely true op. All members in the cryptocurrency market realize just how important research. Research helps in differentiating between a legit and scam ICO which helps users secure their funds in a safe and secure manner. There are so many users who fail to do their research and end up complaining like kids when they lose their funds which shows how gullible they truly are which is why information is crucial indeed.

[BountyMorglen]

Good advice, bro, thanks for the information. Concise and short-what you need for beginners. I am sure that there are a large number of them in this forum.

[retnocintaku]

with the information, we will be more and more knowledge. Due to the absence of information, of course we will be less updates, and left behind. That's the importance of the information, in any case. In order for us to be people who are up to date and always updated.

[Aeneous]

Most people tend to get into the. Crypto market in a rush with a pure intentions of only making money, losing focus in the process. The mistake made most of the times is ignoring the essentials and rushing straight into money making, hence mamaking wrong investment decisions in the process which can be quite unfortunate. The money will not be an asset if you carelessly gamble with it, information is everything

[secdark]

with the information, we will be more and more knowledge. Due to the absence of information, of course we will be less updates, and left behind. That's the importance of the information, in any case. In order for us to be people who are up to date and always updated.

You are absolutely right, information is the key to success however its ups to you on how you will use that tools to be successful.  In crypto world you have to be updated always with relevant informations you are needed in order for you to be able to be more keen and wise enough in trading and investing to a project that are legit and reliable.  Of course you to blend the good traits of being patient and also be positive in everything you do.

[SamboNZ]

I agree with you, being informed will only result to wise decision making. It's really what we need, but as of now we will always have misleading information which causes rift and disturbance in the market.  What we should do is to get information in a credible source.

[saganpav]

I agree with you, but in our time getting the correct information about cryptocurrency is very difficult. Particularly for less experienced users, all information is based on assumptions that are largely false.

[Dirk2017]

I agree with you, but in our time getting the correct information about cryptocurrency is very difficult. Particularly for less experienced users, all information is based on assumptions that are largely false.

Yes the Righteous information can lead you to earn big profit, but finding a right information is not that easy. Its better that you have an experience about like that, but right now we only can get assumptions that is 50% right, its better to have that than none.