Knowledge is needed

[JPSelzer]

I agree with you. I would advise beginners not to invest at all until they have some knowledge about crypto and the cryptocurrency market. And the most important thing is to immediately get rid of the idea that you can quickly get rich on investments. To get rich you first have to try very hard.

[Gatsby club]

Availability of knowledge and awareness of the current state of affairs is the only thing that distinguishes an experienced and wealthy billionaire from a beginner who does not even have one dollar. Therefore, knowledge is a very important thing. Especially in such a field as cryptocurrency.

[Labay]

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 is good that every newbie must read this because most of them doesn't read some article or anything regarding bitcoin that's why they losses some money and some of theirs are created bad image in alt coin especially in bitcoin.  They always says that it was died even it is normal at the volatile price.

[spiker777]

That's one of the main problems with a lot of the newbies that come to this forum, they think that Bitcoin or some other cryptocurreny is a get rich quick scheme and they can just invest what little money they have and walk away a millionaire in a couple of months. Not gonna happen, you need to grind if you want to strike it rich, this is not a passive income opportunity anymore.

[rricksu]

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.

We shoudn't only focus ob how to gain income right away, Our aim should be, to learn and accept knowledge that will lead us to understand the art of cryptocurrencies. Not just considering the fact that it will make us rich but also to consider the fact that it will lead us to development and unity.

[drlukacs]

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.

LOL, DYOR is a must do before investing in any form, including bitcoin, altcoins or investing in ICO projects. I see the current situation many newbie investors in the market are investing in the mass and trend, but not any research on the crypto as well as the market, and most of them are the losses and blamed for the non-potential cryptocurrency market.

[Inkdatar]

This is what we need before we start investing in crypto having a knowledge will really guide us in earning btc.  Studying first in crypto will walk through on our goals to earned. Doing research and take time to learn will surely giving a good gains for us.

[coinbirds]

As every business,  crypto is not different: investing in it is risky.
We have to be able to understand in what we are investing as the only person responsible for your investment is guess: YOU.
So, learn about the market prior investing in it.

[verrela10]

for newbie, you are better to read more then action, if you do that you can be a master quickly
if you just read and no actiopn it is a bullshit, if you just make an action without knowledge it is a stupidity

[passwordnow]

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.

You said it correct.

They want to get rich but they are not willing to take risk as if the world is going to give them something valuable by not contributing valuable. Same goes in investments.

[namlong]

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.

You said it correct.

They want to get rich but they are not willing to take risk as if the world is going to give them something valuable by not contributing valuable. Same goes in investments.

Many people are looking for easy money and at the same time do not want to do anything, this is wrong and will not bring anything good. You need to constantly improve your knowledge to be ahead.

[Tnt1971]

Knowledge is power , knowledge is strength.every person should educated and knowledgeable because fresh and newbies is not perfect for forum and trading and mining.

[Nidhi Bhatia]

Knowledge is biggest asset in crypto market for all the users. Individual who has lot of knowledge and experience, will definitely happy in good and bad phase of market only because of they have a proper vision in long term investments as well as in trading.

[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.

(( 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.

You make a good point, people would like to believe that just because they have knowledge they are going to somehow avoid making mistakes and that is not true, having more knowledge will allow you to make less mistakes and to understand better those that you make, so we always need to be very vigilant about every decision that we take when we trade.

[Yamifoud]

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 the most important tool in our life for us to survive. And we need to develop that and improve day by day to be more matured enough.  And those learnings we can surely apply it in the world of crypto and made us more advantage than of the others.

[the1arty]

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.

Sure, learn the project, read their whitepaper before even thinking to purchase their tokens. If the token is in top 100, I would still advice you to have a fundamental knowledge about that project and what is their roadmap and when big news are coming, as on those, the token may rise significantly.

[ghermghuda]

For that one no one will even argue with you on that buddy. If you don't gain adequate knowledge about what you do or intend to do and then you embark on it, it may not end well for you.

[kendra1107]

Of course! It only takes common sense to know this. Knowledge is the basic requirement whenever we plan jumping into something. Especially when it involves money. We need to know what we are getting in to so that we may not be misguided.

[white_star]

Of course! It only takes common sense to know this. Knowledge is the basic requirement whenever we plan jumping into something. Especially when it involves money. We need to know what we are getting in to so that we may not be misguided.

In this technology that decentralized in the world it neededs knowledge in order to avoid those risk and able to trade for the exact time because prices changes from time to time ,we must monitored the market everytime for making sure not to past by the chance to trade or sell coins.

[Siren]

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.

Its like an army before going to battle field ,you must check all you arms and ammunitions and all things you must carry to be prepared in everything that might happen along the way

This is the riskiest profiteering people ever had,so if you are not knowledgeable in this forum then for sure you will be facing failure constantly

This advices must be followed for safer cryptocurrency adventures