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Author Topic: Crypto Trade and Power of Knowledge  (Read 279 times)
Vangar (OP)
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September 04, 2018, 12:09:43 PM
Last edit: September 04, 2018, 01:55:22 PM by Vangar
 #1

Be thirsty for knowledge. Blockchain technology and crypto trade are new spheres when compared to mainstream industries and much is in development right now. Knowing more will increase your success chances, build up your trading portfolio but also the quality of analysis you do on daily basis. Investigate things that have nothing to do with trading but can help you understand the market better.
Each day there are exciting discoveries that can change the face of the crypto world drastically. Understanding them will help you develop your own strategy, design more effective analysis, and generally improve your trading skills.

PS: For trade-only education, visit our website, https://www.cryptocointrade.com. You may find an interesting thing or two while reading our articles. And it is completely for free, so no losses on anyone's side Smiley
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September 04, 2018, 12:23:38 PM
 #2

Knowledge is everything, this has been proven that most people who are successful are those who have a lot of knowledge and are diligent, success is not something that has to be achieved so it is not only necessary knowledge but diligent is also needed
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September 04, 2018, 12:31:46 PM
 #3

I don't know to agree or disagree with you Tongue
what you say makes sense, increasing your knowledge of the technology that these cryptocurrencies you are trading can help you but when it comes to trading, specifically trading altcoins, that knowledge is not going to be helpful as much as you may hope. for instance you may have a pretty good understanding of the blockchain technology and find a very good coin that is implementing the technology in a very interesting way and you may find it full of potential because of it .... but these types of coins are never profitable in the altcoin market!

instead when you look at shitcoins and the worst projects out there, you can see huge profits on daily basis is taking place and there are hundreds of traders that are taking advantage of it.

it may sound strange or even a terrible thing to say, but learning how pump and dumps work may give you a much bigger profit than anything else can.

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September 04, 2018, 01:21:47 PM
 #4

Be thirsty for knowledge. Blockchain technology and crypto trade are new spheres when compared to mainstream industries and much is in development right now. Knowing more will increase your success chances, build up your trading portfolio but also the quality of analysis you do on daily basis. Investigate things that have nothing to do with trading but can help you understand the market better.
Each day there are exciting discoveries that can change the face of the crypto world drastically. Understanding them will help you develop your own strategy, design more effective analysis, and generally improve your trading skills.

I was going to say that these things doesnt matter (the blockchain, industries etc) but when you stated that they dont matter but having their knowledge can influence our trades then I realised yes this is the thing one must know. Off course, while trading all we need to know is about the coin's idea and project behind it and how it is getting processed over the time. Depending upon that crypto currencies get investors engaged more and more as the days pass and thus they grow in the value every time. I guess having the additional knowledge about blockchain and how the world is reacting to it is also important. This ensures us that how the whole market is going to react with it and how it will affect your coin or projects in that environment. So yeah it matters, be thirsty !
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September 04, 2018, 01:25:24 PM
 #5

There are people who are really interested about trading because they think they can be a millionaire in an instant, forgetting to know the basics and fundamentals,  accurate information is a good foundation of anybody's knowledge to start and apply in trading. Start with little and grow in bigger. 

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September 04, 2018, 01:29:45 PM
 #6

Knowledge can help you a lot to understand how blockhain works and can also help you analyze the price movement of a crypto. But being updated with the news will help a lot in trading crypto is obviously news driven one trading site have been hacked the price daramatically goes down, slightly positive news the price shoots up.

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September 04, 2018, 01:33:35 PM
 #7

Welll that is also because new projects are being created and it is nice to know that we are being entered by new people that invest their time and effort to somehow make a change.

I guess that is what keeps me going too. Besides helping spread the news about bitcoin which is sometimes getting frustrating with people's reaction which are mostly negative.
The new projects somehow can make your excitement grew again and never stop.

Research and add more to the hard drive of the brain. Grin
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September 04, 2018, 01:39:57 PM
 #8

Knowledge can help you a lot to understand how blockhain works and can also help you analyze the price movement of a crypto. But being updated with the news will help a lot in trading crypto is obviously news driven one trading site have been hacked the price daramatically goes down, slightly positive news the price shoots up.

But where you are learning and with whom you are learning all matters to make the money on trading side. That is why I suggest good trading review channels on youtube to find the good understand on making the trade any where.

Whether it is forex trade or cryptocurrency both can be explained good in youtube videos as I know, so please check the good video you like to make knowledge out of it bro.

 
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Vangar (OP)
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September 04, 2018, 01:53:10 PM
 #9

Thanks everyone for comments and opinions! As for the knowledge itself, being a trader is not just capitalizing on price changes but also to beocme an expert in the industry you wish to trade in. Take stocks, for example. To properly understand the stock, you do need to know the business inside and out. Industry trends, latest innovations, and big news can all impact the price of the share you wish to base your predictions on.
However, cryptocurrencies are a bit different. The market is relatively new and it has many implications for the world we live in if developed and done right. There are many interesting cases of implementation. Yes, such knowledge might not benefit your trading profits directly but seriously, you are missing out a really exciting world! Plus, knowing what is going on now in the market will help you determine the general course of the entire industry Smiley And that is something everyone wishes to achieve!
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September 04, 2018, 01:53:52 PM
 #10

Knowledge is your most important asset.  It helps you make smart conclusions and plan your moves in advance. The more research you will do the more comfortable you will feel on the market.
Vangar (OP)
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September 04, 2018, 01:59:33 PM
 #11

I don't know to agree or disagree with you Tongue
what you say makes sense, increasing your knowledge of the technology that these cryptocurrencies you are trading can help you but when it comes to trading, specifically trading altcoins, that knowledge is not going to be helpful as much as you may hope. for instance you may have a pretty good understanding of the blockchain technology and find a very good coin that is implementing the technology in a very interesting way and you may find it full of potential because of it .... but these types of coins are never profitable in the altcoin market!

instead when you look at shitcoins and the worst projects out there, you can see huge profits on daily basis is taking place and there are hundreds of traders that are taking advantage of it.

it may sound strange or even a terrible thing to say, but learning how pump and dumps work may give you a much bigger profit than anything else can.
I understand your reasoning, as it is a sound one. But, I still believe that being active in the industry you trade in and actively learning new things will pave the way towards not just understanding, but towards more accurate prediction of trends to come. There are numerous new coins coming and going, many of them with unique features. Who says that one of them will not push towards the top someday, especially if they possess innovative solutions for real-world problems? Also, the industry, in my opinion, is pretty exciting! Smiley
Pump and dump industry is a must-know. There is nothing terrible about it. You simply need to know how scams and frauds work, so you do not fall in the trap all the time Smiley Thanks for the contribution!
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September 04, 2018, 02:02:11 PM
 #12

Knowledge is your most important asset.  It helps you make smart conclusions and plan your moves in advance. The more research you will do the more comfortable you will feel on the market.
Most of the peoples are not research properly in crypto trade then how can they get good knowledge in this field so we concentrate in market sites and YouTube videos because these two are really helpful to identify everything so we will analyse properly in gambling and trading you are skills are totally boostup in trading platform.

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September 04, 2018, 02:12:22 PM
 #13

Be thirsty for knowledge. Blockchain technology and crypto trade are new spheres when compared to mainstream industries and much is in development right now. Knowing more will increase your success chances, build up your trading portfolio but also the quality of analysis you do on daily basis. Investigate things that have nothing to do with trading but can help you understand the market better.
Each day there are exciting discoveries that can change the face of the crypto world drastically. Understanding them will help you develop your own strategy, design more effective analysis, and generally improve your trading skills.

PS: For trade-only education, visit our website, https://www.cryptocointrade.com. You may find an interesting thing or two while reading our articles. And it is completely for free, so no losses on anyone's side Smiley
Of a truth knowledge play a very significant role in your trading success.  Those that lost money in trading do so because of lack of knowledge on how to analyze the market and find trading opportunity including setting stop loss and takes profit.
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September 05, 2018, 03:40:14 PM
 #14

I don't know to agree or disagree with you Tongue
what you say makes sense, increasing your knowledge of the technology that these cryptocurrencies you are trading can help you but when it comes to trading, specifically trading altcoins, that knowledge is not going to be helpful as much as you may hope. for instance you may have a pretty good understanding of the blockchain technology and find a very good coin that is implementing the technology in a very interesting way and you may find it full of potential because of it .... but these types of coins are never profitable in the altcoin market!

instead when you look at shitcoins and the worst projects out there, you can see huge profits on daily basis is taking place and there are hundreds of traders that are taking advantage of it.

it may sound strange or even a terrible thing to say, but learning how pump and dumps work may give you a much bigger profit than anything else can.
It sure sounds strange to normal ears but in reality it is just the truth. For a while now we have seen a huge percentage increase on shitcoins whereas coins with good products and project don't sometimes get to do much.

Whichever way, knowledge is always a good thing to be able to get the best of anything and those who usually discard it tend to make the worst decisions.

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September 05, 2018, 03:59:08 PM
 #15

Be thirsty for knowledge. Blockchain technology and crypto trade are new spheres when compared to mainstream industries and much is in development right now. Knowing more will increase your success chances, build up your trading portfolio but also the quality of analysis you do on daily basis. Investigate things that have nothing to do with trading but can help you understand the market better.
Each day there are exciting discoveries that can change the face of the crypto world drastically. Understanding them will help you develop your own strategy, design more effective analysis, and generally improve your trading skills.

PS: For trade-only education, visit our website, https://www.cryptocointrade.com. You may find an interesting thing or two while reading our articles. And it is completely for free, so no losses on anyone's side Smiley
Of a truth knowledge play a very significant role in your trading success.  Those that lost money in trading do so because of lack of knowledge on how to analyze the market and find trading opportunity including setting stop loss and takes profit.
Actually, knowledge plays a very huge role to every decision anyone wants to make be it, crypto investment  trading or even outside cryptocurrency. The reason why some have ended up making regrettable decisions is because they lack the required information needed to know how they should go about certain decisions. Laziness is not an excuse when it comes to learning and if you get it wrong in that aspect, you will end up screwed.
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September 05, 2018, 04:14:21 PM
 #16

IMO, bitcoin technology is new thing and for people who want to learn more especially about technical part , must be expert on internet and cryptography knowledge which is not easy.
As long as they keep learning by process, they can make it through !
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September 05, 2018, 04:20:22 PM
 #17

Be thirsty for knowledge.

Definitely, for me learning one thing everyday is a good start.

Blockchain technology and crypto trade are new spheres when compared to mainstream industries and much is in development right now. Knowing more will increase your success chances, build up your trading portfolio but also the quality of analysis you do on daily basis. Investigate things that have nothing to do with trading but can help you understand the market better.
Each day there are exciting discoveries that can change the face of the crypto world drastically. Understanding them will help you develop your own strategy, design more effective analysis, and generally improve your trading skills.

Learning Blockchain Technology and learning crypto trade is two different thing. If you are like a technical person, software developer or something, then you should know Bitcoin Technology because its the new revolution. And jobs pertaining to Blockchain Technology is ramping up and its hot. But if you are just a casual guys like the majority of us here, you don't need to go to details. Crypto trading though is different, there's the need to learn how to make TA, read the sentiments or the current trends, go around the web and looks for news that will help you in your trading/investing.

PS: For trade-only education, visit our website, https://www.cryptocointrade.com. You may find an interesting thing or two while reading our articles. And it is completely for free, so no losses on anyone's side Smiley

Will check out later and see if I can pick a thing or two.

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mostkey
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September 05, 2018, 04:30:57 PM
 #18

Be thirsty for knowledge. Blockchain technology and crypto trade are new spheres when compared to mainstream industries and much is in development right now. Knowing more will increase your success chances, build up your trading portfolio but also the quality of analysis you do on daily basis. Investigate things that have nothing to do with trading but can help you understand the market better.
Each day there are exciting discoveries that can change the face of the crypto world drastically. Understanding them will help you develop your own strategy, design more effective analysis, and generally improve your trading skills.

PS: For trade-only education, visit our website, https://www.cryptocointrade.com. You may find an interesting thing or two while reading our articles. And it is completely for free, so no losses on anyone's side Smiley

But even with adequate knowledge there will definitely be failures that overwrite it, I'm also not too sure what you are giving here, a very good promotion to increase your traffic, looking for crypto knowledge not because of carelessness where many people cannot predict a few years going forward or in trading every day, on the other hand impatience will mess things up, so always be active in various information in the crypto world to take advantage of every excellent opportunity in the future, everything is not as easy as what was planned before.
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September 09, 2018, 08:04:20 PM
 #19

Each can’t do anything without help from another. They are in best relation. Crypto trade is quite impossible without knowledge. Advance knowledge can give you advance chance for take a perfect trade and make sure profit about that trade. You need to watch market, news, charts and so on for buy, sell or hold your coins. Without knowledge can you do this? 
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September 09, 2018, 08:41:57 PM
 #20

Be thirsty for knowledge. Blockchain technology and crypto trade are new spheres when compared to mainstream industries and much is in development right now. Knowing more will increase your success chances, build up your trading portfolio but also the quality of analysis you do on daily basis. Investigate things that have nothing to do with trading but can help you understand the market better.
Each day there are exciting discoveries that can change the face of the crypto world drastically. Understanding them will help you develop your own strategy, design more effective analysis, and generally improve your trading skills.

PS: For trade-only education, visit our website, https://www.cryptocointrade.com. You may find an interesting thing or two while reading our articles. And it is completely for free, so no losses on anyone's side Smiley

I tell people often, Knowledge is power and the right knowledge is wisdom. In any sphere of life knowledge is key, not just about crypto. The amount of knowledge you have is equivalent to your potentials. In other to excel in crypto-trading, knowledge must be acquired on a daily. No one is an Island of knowledge.
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