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Author Topic: Knowledge is needed  (Read 2959 times)
irenegaming
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October 05, 2018, 11:59:23 PM
 #101

That is one of the most important things that people who are venturing into this world have to understand, one spends many hours studying everything about cryptos, reading white papers and technologies and then decides to invest, if you try to put your money here without prior knowledge, unfortunately, you will suffer the consequences.

felicity06
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October 06, 2018, 12:03:17 AM
 #102

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 of course knowledge is very important here in crypto currency world because when you have poor knowledge you can't or it is difficult times make a decision. Especially when you are trying to enter in the world of investing and trading in crypto world. However having more experience can help us to makes ourselves knowledgeable.

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Core.BUSTER
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October 06, 2018, 01:25:57 AM
 #103

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 it is. Before entering to something you must prepared  and know what are you investing with. Knowledge is the key to have a successful investment. You don't need a big capital but a wise mind is truly needed. 
Jdragon6x6
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October 06, 2018, 01:35:46 AM
 #104

Newbies have the wrong impression about cryptocurrency. They thought that it is easy and will make you rich in no time when in reality it is not. People work hard and spend more time to become successful in cryptocurrency. There is no overnight millionaire here. You must also acquire a lot of knowledge to know what you are doing and avoid losing money.
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October 06, 2018, 02:28:44 AM
 #105

the best to enter the crypto world is to learn about crypto. if you are directly on the trade. it's like fighting without understanding in using weapons. even if you bring thousands of weapons (capital) it will still be destroyed. you should study analysis, understand each crypto. and understand every basic price. of course you have to read the news about crypto currencies.
antonhuda
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October 06, 2018, 02:32:30 AM
 #106

Every time you carry out activities that are so risky, that knowledge is needed so that later you can find out where your ability to deal with each problem. Especially when entering the market is very risky, knowledge is slightly better than without knowledge at all.
The bear market has a high level of risk and this requires analysis and reset that is able to benefit well.
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October 06, 2018, 03:25:59 AM
 #107

many of the newcomers just wanted to immediately get results from crypto. Indeed it is reasonable because the field is indeed produced, but it would be very risky If you only expect profit without thinking of the risks may be encountered from what they're concluding. in the end many of which go from crypto without satisfactory results because it does not have the basic knowledge in crypto and certainly is a bad achievement.
Captain Sneeze
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October 06, 2018, 03:36:58 AM
 #108

It is not just for the cryptocurrency world, knowledge is needed for everything. In order to survive in this world, you need a lot of knowledge in different fields. For example here in the cryptocurrency world, if you want to get in, do your research, learn things that must be learned before making an action. Because in this world, you can't get in if you lacks knowledge. That's why the bitcointalk is one of the reliable source of not just bounty but knowledge too. Here, you earn, you learn.  Smiley Smiley
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October 06, 2018, 03:50:49 AM
 #109

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, being rich overnight or in the short term is very difficult, even in crypto world, getting rich also requires a process that is not short, needing experience and knowledge that is capable. and indeed in this crypto world you should do your own research, for example when you want to invest in ico, by doing your own research we can immediately find out whether ico is good or not, if only depends on the research of others we do not know whether ico is really good or not.
bolshojkush
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October 06, 2018, 04:14:08 AM
 #110

What about those who mined or bought bitcoin when it was worth a cent?? Now they have become millionaires and some of them did not put much effort. Sometimes to get rich you need to be at the right time and in the right place.


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REYVAN
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October 06, 2018, 04:18:24 AM
 #111

What about those who mined or bought bitcoin when it was worth a cent?? Now they have become millionaires and some of them did not put much effort. Sometimes to get rich you need to be at the right time, in the right place.
yes maybe a little luck Grin. but currently most feel anxious about market conditions and in my opinion a little patience will help achieve success in the world of cryptocurrency for some old members this is normal but not for new members.
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October 06, 2018, 04:23:05 AM
 #112

Yes, it is true that we should have adequate knowledge in making decisions so that to avoid regrets and loss of money or investments. As other hunters do newbie should start at the bottom as other do as they new from this cryptocurrency.
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October 06, 2018, 04:24:41 AM
 #113

yes everyone must be like that, because if someone buys a coin without any underlying reason, then he or she will be the next victim of the person who won the cryptocurrency
valid knowledge and information, it is very important for all of us to make decisions

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October 06, 2018, 09:23:21 AM
 #114

There is a very good expression that you cannot enter a paradise on someone else’s back. If you do not receive new knowledge, then life becomes boring and uninteresting, more like an existence. This also applies to cryptocurrency and any other activity.
upsidedown75
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October 06, 2018, 11:54:25 AM
 #115

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.

That's right, newbies want to be rich in an instant but that is not the correct mindset when you are a newbie. They should think of a way to learn more about crypto and apply it in their decisions to what they are going to do in cryptocurrency, be it trading or mining and even doing bounty hunting.
That is usually the problem with a whole lot of them and if that is the way everyone has been getting rich, I wonder what the world would have become. Learning is one major part of being able to do well in a space, and if you are going about an investment without knowledge about that investment, you will keep making some floppy decisions until everything hits the drain if care is not taken.

People tend to listen to the only thing they want to hear and what is driving so many people into making decisions today is greed and not because they have a pure understanding of what the future may be holding in the long run.
rika0223
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October 06, 2018, 12:09:27 PM
 #116

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 very important for someone to understand first what is going to be done, how is it done, well this is really needed for beginners by seeking knowledge first so that they do not make mistakes in acting, so as not to make fatal mistakes by doing it and making losses to themselves
matchi2011
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October 06, 2018, 12:21:21 PM
 #117

There is a very good expression that you cannot enter a paradise on someone else’s back. If you do not receive new knowledge, then life becomes boring and uninteresting, more like an existence. This also applies to cryptocurrency and any other activity.
Yeah right, if you are just keep repeating what you are doing and don't enhance your skills then it will be boring, knowledge that been gained in any
form will you good edge most of the time being advance and well organized because of your gain knowledge are very productive inside this market
it's best to have it before and while still engage  with your investment.

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Siti Nurbaya
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October 06, 2018, 12:21:47 PM
 #118

The research is very necessary so as not to regret later, knowledge must be explored and owned to be able to continue the steps. In the bear market will have many risks that must be prepared in order to have the advantage as desired.
coinic
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October 06, 2018, 12:28:38 PM
 #119

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 very important for someone to understand first what is going to be done, how is it done, well this is really needed for beginners by seeking knowledge first so that they do not make mistakes in acting, so as not to make fatal mistakes by doing it and making losses to themselves
Knowledge is the most important in this technology because we would like to choose a good ICO in able to earn rewards, and that we must able to trade our coin to achieve profits. Mistake is normal because that's an experience for us in order to have knowledge and able to catch up from mistake.

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October 06, 2018, 12:33:01 PM
 #120

This is true. I have learned about some people who have invested in bankruptcy. They have one thing in common. The knowledge of cryptocurrencies is not comprehensive and leads to being cheated.

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