Knowledge is needed

[HyunBin]

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.

Yes its true, knowledge and being updated to some news and rules here in cryptoworld can help you to easily adapt the trends . We must understand the basic of cryptocurrency and investing world.

[universal3ee]

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.

What you say can be apply on all aspect on investing however i would recommend newbies to hone their skills of choosing ICO instead of investing they should start with bounty hunting which can help reduce the risk they are taking. Once you feel more confident then you start your investing.

[Plecet Bank]

Knowledge is an excellent basis for bringing success to you. And when you enter the crypto world, you must have knowledge. If you don't have the knowledge you must be careful and keep learning. Because in the crypto world has a very big risk. When you want to trade, of course, you have to do research. Because the results of your research will give you an advantage.

[demonz666]

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.

right I agree with you they entered the cryptocurrency and hope to be able to get profits quickly. they want to be rich instantly. when in fact it's not that easy we have to read a lot and learn about cryptocurrency before deciding to invest. and we must be good at reading market conditions and choosing coins. we must choose the right time when buying and selling coins. all of that requires a learning process. it didn't work overnight. there is no success and success achieved in a short time. and experience is the best teacher.

[Sarisang]

knowledge is the main base which must be controlled from on having to rush to immediately get a profit. but in the current conditions even after the huge hype that happened to be ascertained that almost a lot of ignoring science and just aim for a quick way of getting results. Perhaps it could be instant but if for the long term is difficult to survive without his knowledge.

[arthotdog]

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.

It will take you more enough time to become knowledgeable in this community specially if you are planning to become a traders since it was not a easy task

Let your skills grow and let the mind be filled of learnings as you read and watched more about cryptocurrency to advance your mind

[VivianJacob]

When you decide to invest in it, you need to prepare enough knowledge to deal with complex situations, learn from your peers, and learn from your mistakes.

[Cenil]

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.

It is true that doing your own research is a great way to find good ico, but now there are many people who choose ico based solely on advice from others and some are only based on ratings on the ico site, even though the advice of others is not necessarily really good and a good rating won't necessarily be a successful ico. so I agree with your opinion, it would be better if you do your own research.

[ripple]

I totally agree with that. You need to know a lot of things here so you should know what's good in making the decision. This is very special for you. This is something that must be done by people who want to participate in making a profit in crypto. Because when you have good knowledge when you invest, you can minimize losses. and make a profit

[corrado25]

Well, if you are a novice investor then study the projects.If you are a novice trader then study the basics of trading to earn.I have never read about any project, I just know how to trade and trade, and most projects that are highly rated and remain projects only on paper

[Reatim]

Most newbies are no longer making research and reading discussion forum, all they are after is making money they have forgotten that in cryptocurrency understanding and patient matters a lot.

On the contrary, I do think that newbies today are really doing some research and investigations because of so many scammy projects out there. There are no FOMO because they have lost so much money already in the market specially when the bear market strikes.

[Shtamm_oval]

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.

Knowledge will not help when the market is in this position. And no one is going to save this situation, it seems that all the significant flaws have won all the advantages of the technology and are finishing it.

[itasannah]

As a new person in the crypto world. Knowledge is very important and if you don't have it, of course, you can study. But if you are sure of your decision to trade. You must be careful and better find more information about the coins you will buy for your consideration.

[bamb]

The best knowledge needed in your cryptocurrency adventure is the knowledge of yourself! Why are you in cryptocurrency and what do you intend to achieve! If you can answer these question clearly, half of your profit is made!

[jayendo]

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.

Knowledge is what is necessary in absolutely any sphere of life. It seems to me that in cryptocurrencies they play almost the main role as it is impossible to do without deep knowledge and skills in such a complex thing as cryptocurrencies

[Mr.grin]

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.

Knowledge is what is necessary in absolutely any sphere of life. It seems to me that in cryptocurrencies they play almost the main role as it is impossible to do without deep knowledge and skills in such a complex thing as cryptocurrencies

at present, of course knowledge is really needed for the moment, even for now, the knowledge we have to have really becomes something that can make us more profitable, or not. well, now science is the main key to success.

[xiaoY]

Yes, this is the most important. Otherwise the novice will lose a lot of money. Many people think that investing only costs money, but obviously your knowledge is the best guarantee for your investment. Otherwise they are irrational investors.

[UAE Seasider]

Knowledge is very useful when you want to try trading your chosen cryptocurrency but you should also be aware that trading patterns can change very quickly and it is all too easy to get caught out being on the wrong side of a position. You should join the groups associated with the coin you are investing with such as Telegram discussion and the Announcement channel. Also look out for a Discord server (Slack hardly seems to be used these days) to combine with the other options and where you will be able to get all the latest information first to help you make quick decisions.

[Servantes]

The cryptocurrency environment is very innovative, and things change fast, as used to be said, and so not just the newbies are, who needs to learn, I think everybody needs to keep educating, to keep up. What worked last year, may not work this year...

[Bunk67]

Knowledge is needed in the life especially knowledge is the key if you are doing crypto you have to study and know the exact purpose of digital currency and how it work