Knowledge is needed

[Byzantium101]

Those are the basics, but gaining knowledge is a slow process and it requires time, listening to many people and reading a lot in the forum. this is not for everyone.

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[Herucooles]

Planning before trading execution and learning to understand an effective strategy is indeed needed in doing CryptoCurrency business because later you can provide consistent results.

[Refozzblaze]

That's why they keep on saying DYOR = Do your own research.

But newbies today are different, unlike before we've been looking for the appropriate answers to our questions that comes out of curiosity. Now people are only curious on how to become rich overnight.

Agree with you, I have seen many newbie just want to get rich overnight but don't want to take risks and don't want a lot of effort.

[Furious 7]

When you are still a newbie to this cryptocurrency world, it is better to take action and study the flow of its ecosystem and be prepared when you make an investment to avoid a profit loss. Don't make drastic move that you didn't prepare to it. Always make your own research first.

not only newbies, all people who pursue crypto and want to succeed must try to learn and increase their knowledge. many media that provide various information about crypto one of them is youtube. the most important thing is not feeling enough with knowledge. and sharing with colleagues will also increase your knowledge in the crytpo world.

[burakdat]

When you are still a newbie to this cryptocurrency world, it is better to take action and study the flow of its ecosystem and be prepared when you make an investment to avoid a profit loss. Don't make drastic move that you didn't prepare to it. Always make your own research first.

Well that is part of growing up in this forum. And I advise to those newbie like me also that one should take some time to stay and do a lot of readings. Make up your mind on a things which you consider that you are good at in the engagement process. However, I do not really think that even if you are new in the forum you could not be able to learn and earn. Just be wise and do the right thing.

[bitcoinm3ster]

When you are still a newbie to this cryptocurrency world, it is better to take action and study the flow of its ecosystem and be prepared when you make an investment to avoid a profit loss. Don't make drastic move that you didn't prepare to it. Always make your own research first.

I see that many people when have first profits, they usually ignore rules and accumulation of knowledges. They just follow by the news resources and sharing groups that have brought to them this profit

[CrazeCoinz]

When you are still a newbie to this cryptocurrency world, it is better to take action and study the flow of its ecosystem and be prepared when you make an investment to avoid a profit loss. Don't make drastic move that you didn't prepare to it. Always make your own research first.

Yeah that's true and even if you research the market before investing it's not a guarantee that you will gain profits as we know that the market is unpredictable. Although if you did a research it will minimize the risk and you have a bigger chance of success. Indeed, it's better to have a diligent research than sorry.

[kier010]

i see many newbie already asking how to earn money without proper knowledge about crypto. they should first gain knowledge so they will know about crypto and avoid being scam.

[ankusharora1980]

KNOWLEDGE IS MUST FOR SUCCESS IN ANY WORK FIRST WE SHOULD GATHER KNOWLEDGE AFTER THAT WE HAVE INVESTMENT IN TRADING TO AVOID LOSSES

[Cointoli]

Knowledge is essential because you will not be able to succeed if only by luck without knowledge. To survive and develop in the long term, knowledge is essential and it will help investors get better results in the long term.

[jfederkins]

You can rely on the knowledge in crypto only and on experience too. It is very useful things that can help you to earn and to minimize losses so much.

[Bitknick]

Also true. You should try to obtain a personal experience, which you can then use in the direction you want!

[e@symode]

Knowledge is very serious tools that help people live today and create new opportunities to make this world even better, because things like knowledge will always have value, because they decide

[Genemind]

When you are still a newbie to this cryptocurrency world, it is better to take action and study the flow of its ecosystem and be prepared when you make an investment to avoid a profit loss. Don't make drastic move that you didn't prepare to it. Always make your own research first.

That is one of the reasons why most newbies in cryptocurrency lose a lot of money. They hear about the opportunity in cryptocurrency investment or trading and gets into it as if it is very easy. Take note that as long as money is involved there is also risk involved, that is why it is better to have knowledge first.

[Dart18]

When you are still a newbie to this cryptocurrency world, it is better to take action and study the flow of its ecosystem and be prepared when you make an investment to avoid a profit loss. Don't make drastic move that you didn't prepare to it. Always make your own research first.

And one of those wrong choices would be?

I think one example is joining the bounty program just because someone told you it can make you profit some dollars.
Because of that you try to learn what the ICO is all about.
Next thing you know, you are also a buyer of their tokens for you are so hooked with their project.

Wrong move. You dont even know a thing about crypto and yet you are already an investor.

[Z_Max]

I agree. You should always develop and study the sphere in which you are. Especially when you are a beginner, you need to read more information about cryptocurrency and feedback from experienced users.

[danherbias07]

That should be mandatory.
Besides, what else could you do? You just signed up and you are already trading?

Do people still miss that kind of thinking in the first place?
It's kind of dumb if you are already trying to make money when you do not have any knowledge about it. Well, millionaires might do that.

[topkhai]

Whatever steps and choices you take must have a clear knowledge base. Here, in cryptocurrency world you never find certainty, everything can change in a short time, so knowledge is very important to start

[Clark05]

Knowledge is very importants because you will know what investment that you only to invest your money amd what kind of investment that you need to avoid to not lose your money. Knowledge is important when you enter or start here in cryptocurrency.

[rodskee]

Probably in any aspect of our lives want to inter of any field of career need to learn and study
To got knowledge and skills about to manage their goals in life
Adopting cryptocurrency is very interesting with excitement because need to face risk investing in crypto