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Author Topic: Knowledge is needed  (Read 2954 times)
carrigan
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October 04, 2018, 02:15:43 PM
 #41

I think I have ever read this question. Knowledge is part of our life. In whatever field, knowledge is very essential. The goal of being in crypto is not only getting profits in some nights and become rich. But, it needs process. During the process, we must learn more and more to get knowledge and update information. This is the base.
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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asus09
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October 04, 2018, 02:18:09 PM
 #42

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.


yes, what you say is the fact.
currently there are many investors who want to be rich in one night, without even knowledge and experience. this is careless and very risky in an accident.
one must find out in advance about investment education, especially if for an ico investment. study, research and analysis

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iancortis
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October 04, 2018, 02:26:05 PM
 #43

yeah right mate!! its now about reading and reading to get more enough ideas from from here or outside the forums, all we need is dedication, because we are also have unique ideas and techniques.. be friendly also.
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October 04, 2018, 02:33:56 PM
 #44

yeah right mate!! its now about reading and reading to get more enough ideas from from here or outside the forums, all we need is dedication, because we are also have unique ideas and techniques.. be friendly also.


Definitely, in cryptocurrency you desperately need knowledge about it like how it works and how can we make profit. Research on your own to know about cryptocurrency, about forum, transactions anything about this Google it, go through media too.
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October 04, 2018, 02:41:35 PM
 #45

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.
true. Because being without knowledge can cause losses and etc especially here in crypto currency world  wherein so risky  , so before jumping in and making  investment and etc, i suggest make sure you have enough knowledge and information to become successful and profitable no to become frustrated with it.  because to be honest  knowledge  is very useful weapon to avoid doing mistakes.  
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October 04, 2018, 02:55:24 PM
 #46

I have seen plenty of people without decent knowledge decide to involved in crypto even some of them has been dare to borrow money to invest in crypto but unfortunately they usually does not know the risk behind it and crypto world is fully of risk although sometimes can provide the opportunities to making money but the risk are equal too and do some research before decide to invest indeed good but besides that do not following your emotion or do not rush also can be good advice

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October 04, 2018, 02:59:32 PM
 #47

YES. You are right. Researching on your own is a must before you started investing. Don't invest if you are not confident on your knowledge about crypto. I know that there are risk when it comes to investing on crypto but it if you are equipped with the right knowledge, the risk can be minimized. Don't be one of those millionaires who just invest even if they don't know what it is about.

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October 04, 2018, 03:02:33 PM
 #48

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 you are right. Before investing, you need to understand what you are investing in. Many people invest in cryptocurrencies without even basic knowledge. This is very bad.

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October 04, 2018, 03:11:45 PM
 #49

Strongly Agree. Participants in cryptocurrencies need the right knowledge or they will lead to bankruptcy. This is not a game that everyone can participate in.

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October 04, 2018, 03:15:44 PM
 #50

Knowledge is unfortunately not information, so it does not matter how much information there is related to crypto on the internet, that could be even worse for most people. I think knowledge is derived from experiences in which the information is used.
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October 04, 2018, 03:26:37 PM
 #51

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.
Here in the crypto world knowledge is the most important thing you must need because if you don't have any knowledge how crpyto world goes many may abuse your lack of knowledge. In this forum you may gain more knowledge by just reading some post in the threads and also asking to those who are veterans here in this forum so that you may gain more knowledge about cryptocurrency.
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October 04, 2018, 03:29:29 PM
 #52

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's right. Most people who have just joined the cryptocurrency world are motivated to get big profits in a short time without having the experience and knowledge about cryptocurrency, they only see wow here I can make big profits so they invest all the money they have without thinking.
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October 04, 2018, 03:33:09 PM
 #53

Knowledge is very important to invest in Cryptocurreny, why can it be so important? Try to imagine if you never know the basics of Cryptocurreny and then jump into the Cryptocurreny investment, which you will get next not profit but the loss that will hit you, but otherwise if you have sufficient knowledge, it can generate good profits in the future, in addition to the benefits you get, you can also share your knowledge with your closest relatives or other people
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October 04, 2018, 03:33:28 PM
 #54

yeah every investors should have knowledge in this technology and truly understand the market situation before investing as we can't predict the market. Don't make in hurry to invest as you need to scrutinize first before putting your hard earned money.

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October 04, 2018, 03:45:54 PM
 #55

When you are a newbie on the cryptoworld everything seems interesting projects, knowledge is needed we can do a self research but there are a lots people claiming they are already an expert on trading so I think a good mentor is needed as well.





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October 04, 2018, 03:46:50 PM
 #56

I observe that new investors, compared with 2017, are more attentive to projects for investment. I think this is due to the fall in prices for cryptocurrency. The cost of crypto currencies is not growing, which means there is time to study each project and think about whether to invest.
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October 04, 2018, 03:47:10 PM
 #57

"Knowledge is Power" as the saying goes, it is very important to explore to have knowledge because ignorant excuses no one. To become rich is not bad at all even to a newbie one, do it in a proper way and of course it is start to be knowledgeable enough

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October 04, 2018, 03:48:05 PM
 #58

The only weapon needed in the cryptocurremcy network is a good knowledge about how the ecosystem works and what it entail to succeed in it. With a good knowledge you are set to becoming a smart and calculative investor.
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October 04, 2018, 04:23:34 PM
 #59

yes youre right entering in crypto knowledge is a must , my technique when i was newbie in here i keep on reading , gathering some information from other so taht i will have some idea to make it easy for me to join in some project.

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October 04, 2018, 04:26:08 PM
 #60

Sure, knowledge is needed but it's not like it's some lofty or difficult thing to achieve.  By this point in time, many lessons have already been taught and the internet is a wonderful resource to go back in time and read about all of the learning experiences so that you don't have to make the same mistakes other people made.  But yes, it takes work and ultimately "knowledge is needed" by all to keep us all safe or even be the slightest bit successful as we go forward.

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