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Author Topic: Knowledge is needed  (Read 2954 times)
otunayode
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November 17, 2018, 05:22:17 PM
 #481

When you are new in cryptocurrency, you have to learn all you could and gain skill while you develop your own style and method then, you know your capability and use your experience to guide you in your cryptocurrency activities!

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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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Tagus45
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November 17, 2018, 05:26:57 PM
 #482

Knowledge is important, knowledge is like an eye that can direct us to our destination. In crypto without knowledge it's like being blind and it's easy to panic with negative news.

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November 17, 2018, 05:30:07 PM
 #483

Definitely you are correct. We must need to acquire knowledge about every projects before make any investment. Cause it is very very important for our secure investment. Otherwise we will fail to reach our goal.
Tigerheart3026
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November 17, 2018, 06:01:14 PM
 #484

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.

Of course, the newcomers have much to know. Because the newcomers start investing sooner. Investing without knowing anything well is stupid.
So I would like to say that those who are new to you must definitely verify and investigate.
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November 17, 2018, 09:45:30 PM
 #485

In any financial market, the winner will be the one who has access to the highest quality and accurate information, as a rule, the most accurate information is insider information. However, with experience you will learn to anticipate this information, so the first thing you need to learn is finding and screening information.
powerman24
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November 17, 2018, 10:54:40 PM
 #486

By investing and making research there is no guarantee that we cannot avoid the profit loss as you say, but we can make better decisions if we are prepared, and know the project details.

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kauban2018
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November 18, 2018, 01:32:59 AM
 #487

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.
One advisable also is to take advice from current cryptotraders. They too have more experience than you and their advises will help you more than anything. Without doubt, you should do research too.
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November 18, 2018, 01:43:30 AM
 #488

The worst scenarios is when newbie do gambling while trading or investing, the outcome always almost 💯% are lost, and this is the hard part when became newbie on crypto wanna rich fast like overnight, week or month

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November 18, 2018, 01:51:16 AM
 #489

Well yeah, you cannot keep on relying on other people to help you with this and that every single time. You need to research and study so that other people cannot use you as their advantage. In that way, you can easily adapt and understand the blockchain industry
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November 18, 2018, 01:56:55 AM
 #490

very important for a beginner is to be patient. because the key to staying alive in crypto is patience. there are many aspects that make you really obliged to be patient. the first is when you invest and immediately the price of bitcoin and other crypto falls. don't panic sell, and be patient to wait for prices to rise again.

the second is for hunter or airdrop bounty. usually you will be forced to wait for a very long token distribution, or after that be patient to wait for the token to launch on the market exchange. don't think that they are scam with only one decision or thought (usually a beginner), but try to be patient. sometimes it can take up to 1 year to wait for a bounty and airdrop reward.
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November 18, 2018, 02:51:19 AM
 #491

Ecosystem is really in good managing sourse for people that are responsible and use their work ehict. So in that being said i advice everybody now to invest in specially Ethereum for all hands on their pockets to be filled in right move.
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November 18, 2018, 03:56:58 AM
 #492

Newbies want to be rich in a day and lose so much money. They have to learn more about crypto and put theirselves a limit to buy or trade. For example, they can limit theirselves not to invest more than $500 for the first six months. ıf they do well, they can increase a mount which they have invested.
it would be better if the beginners follow a trusted pumping signal or follow the steps and calculation of the trading of members who have long been trading. so they will learn a lot with a small risk of loss

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November 18, 2018, 04:20:10 AM
 #493

It's a two way thing newbie can get so rich or so poor while trading.  But the mist important thing is to as for direction from those who are in the game before you. That way you don't get burnt easily

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November 18, 2018, 04:26:00 AM
 #494

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 necessary to gain knowledge first in order to have power in the midst of the cryptocurrency crisis. Joining the cryptocurrencies needs too much practice and patience. If we are going to dump and dump, there will be no future that awaits this industry.

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November 18, 2018, 05:41:48 AM
 #495

Very true, whatever the form, knowledge is needed. Like this crypto, very few initially followed but until now very much because the knowledge of people wants years and tries to get more and more in this crypto.
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November 18, 2018, 06:00:03 AM
 #496

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 I agree with you that knowledge is really needed before we decide which investment to invest in. and I think we need knowledge in all things not only in investing in cryptocurrency. we must learn to understand this before doing so that what we do is not wrong.
and in cryptocurrency we have to read a lot about the characteristics and movements of coin values because currently the number of crypto coins is very large. so do some research before investing.

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November 18, 2018, 06:06:58 AM
 #497

Knowledge is necessary in this such field to be successful,  you've seen a lot of newbies now are getting scam or failed when they started in this such field because they were lack of knowledge on how it works, they only rely on other people .
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November 18, 2018, 06:08:55 AM
 #498

there only few of us that are not newbies in here. the technology is growing very fast and it is hard to stay after it . being that said, you are right. we should always do our researches and consider it deeply before making an investment
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November 18, 2018, 06:13:04 AM
 #499

Very true, whatever the form, knowledge is needed. Like this crypto, very few initially followed but until now very much because the knowledge of people wants years and tries to get more and more in this crypto.
knowledge is gained from experience because everyone starts from the basics and basic things can be found on the internet for later through life experiences
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November 18, 2018, 06:21:23 AM
 #500

First before you going to take every action you need to get more knowledge because you can use it once you want to invest or anything . Making your own research is really good to know what is good investment or scam investment or project.
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