Knowledge is needed

[Docbee]

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.

To be successful as a newbie in cryptocurrency world what you said is true and must be considered prioritise, failure of some newbie is because they jumped into the space without any due diligence being done.

[South Park]

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.

Getting the knowledge and the necessary skills to prepare to invest in this market is critical but one of the skills that is not mentioned is your mentality as an investor or trader, your mentality is going to be what allows you to survive those periods when you are facing great losses and if you do not have a strong conviction about the market of cryptocurrencies then you will lose money regardless of your knowledge and skills.

[sanacaks]

you are absolutely right, Its better to watch, read and learn more about crypto. More of your knowledge bout crypto the less risk that you gone take about your hard earned money.

[harley.kitty]

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 really agree, not even the knowledge needed in the world of cryptocurrency, especially tranding, you need a long experience to be a reliable trading. Indeed, the easiest way is to follow the growing trend and start investing there the chances of you getting a bigger profit.

Start investing in small amounts and continue to invest in large amounts with the profits you have earned.

[NikNikKomarov]

Knowledge is very important when working with cryptocurrency. Therefore, if you want to make a profit from crypto, you need to constantly improve your knowledge in this industry.

[team87]

In addition to knowledge in the world of cryptocurrency, it is also necessary to add a lot of information about crypto development and also market vibrations. We know that we have found a lot of altcoins, which will cause you to choose as an investment place.

[Thanasis]

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.

If someone investing on the crypto currencies to become rich then they also need to remember that there is guaranteed return in this form of investment because the profits are cam from pure speculation so this is the knowledge must needed for every crypto investor.And also if your are invest on to something you need to wait for your time to come to make reaps if you can't be patient at hard time then you are going to be a loser.

[AltcoinsBattle]

Crypto is a new, very extensive field of knowledge. Learning this can take a long time. Not everyone has patience. This is especially true if the person did not know anything like this before learning. Also, remember the FOMO, it generates a lot of impulsive action.

[wanted sliter]

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.

(( even experts are often be fooled.
the biggest mistake of newbie was do not want to cut in loss. and don't know anything about analysis the trend of market, just FOMO after some big group.

[aldencio]

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 agree with you as the main and stupid mistake we make because we do jot have enough knowledge in our experience

[rockyfeller]

I Do my own research especially in socioeconomic, This is how i get in touch easily in crypto market. Market is growing faster as it's goes to the era of mainstream. i little by little i'm adopting and getting alot of opinion ideas on how the blockchain/cryptos will resolve the overall status of socioeconomic. i have alot of opinions in my mind and alot of questions to be tackle especially in the overall circulation of money, That's why i keep on reading alot of statements.

[Welckomtome]

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 really important but do not forget about the role of experience and practise in your life so you should not rely on knowledge only

[musdafakfl]

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.

As I have always stated, knowledge and experience are needed first in order to generate income in this sector. Compared to all other investment areas, we see a lot of different transactions here, and we see that the transactions are different. Both the lack of regulation and the rapid price changes make it difficult for new investors. For that reason, unless you have enough information and sufficient experience to reach the level of money in this sector do not be traded with a significant amount of money.

[Welckomtome]

Crypto is a new, very extensive field of knowledge. Learning this can take a long time. Not everyone has patience. This is especially true if the person did not know anything like this before learning. Also, remember the FOMO, it generates a lot of impulsive action.

you need to be sure that you are getting your knowledge form the right source and you need to look after such things

[Open4lies]

And? I don't see anything new in this topic and I don't think it's needed to create a new topic to talk about it. So many people talked about this case before and I think almost newcomer also know it already. Beside, as I can see you're also just a newbie although it's your fault. LOL.

[Zadicar]

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.

How many times do this topic being beaten to talk all over again and again.Knowledge would be important even a single decision you would make when it comes to investment then it would really always matter.
Doing anything without any research and just carelessly making decisions without further analysis would always put you in trouble and this is why as an investor we would really be sensible in every step we would take but remember that profiting always collaborates with risk.

[suride212]

the thing that is obligatory for beginners who are involved in the crypto world must be based on extensive knowledge about investment cars and their ecosystems. in crypto many risks and we must be prepared calmly to overcome market problems. we must be able to choose quality altcoins and a project that has convincing prospects, because there are many scams. we must be careful.

[kenman]

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.

absolutely true! and i think that it's simply fantastic when you have some kind of a mentor or any experienced friend at least in trading and so you have a chance to ask all sorts of stupid questions

[artem30011994]

In any field of activity without the necessary knowledge can not do. It's clear that everyone came here to earn money, but to make money you need to know at least something about the market and technologies.

[adzino]

True, you will need some knowledge before investing on crypto currencies. You will need to know how the market works and how the price are co-related with different aspects of an event taking place. This will help you to better prepare yourself when the prices starts to rise or drop drastically. Having no knowledge about the market will most of the time cause investors to lose tons of money. So better learn about the system before using it.