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Author Topic: Knowledge is needed  (Read 3020 times)
oceanx
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November 18, 2018, 06:21:50 AM
 #501

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. Knowledge is necessary, but mistakes will be necessary. There will be no experience without mistakes.
sirengutou
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November 18, 2018, 06:29:00 AM
 #502

You are right, investing in the cryptocurrency market requires great care. We need to understand encryption in different areas, such as analyzing data and viewing news!

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krishnaverma
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November 18, 2018, 06:33:13 AM
 #503

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, it is important to remain updated about crypto for all investors because :

1) Only an educated investor can make correct decisions.

2) An educated investor can also convince of influence his friends to invest in crypto and thus make good profit out of it. It will help crypto grow as well.
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November 18, 2018, 06:54:52 AM
 #504

Knowledge is very important. I have researched some new cryptocurrency investors who are usually at a loss. They don't know what a real cryptocurrency is, so the basics of cryptocurrency are very important, otherwise everyone will go bankrupt.

zanzibar
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November 18, 2018, 07:29:36 AM
 #505

The knowledge is really needed for this moment, even now. The e-money environment is very creative, and things change so quickly, so not only the newbies, the long-term participants need to continue to learn. They have more experience, to keep up with the developments electronic money. The key to success is knowledge and a little luck.
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November 18, 2018, 09:04:35 AM
 #506

I do not understand how you can do without knowledge in this area. Cryptocurrencies are not so simple and many need detailed instructions on how to work with them. I read a lot before getting started.
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November 19, 2018, 04:46:11 AM
 #507

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.

I agree that knowledge is needed, but not only theoretical knowledge. Practice is also very important. If you want to invest for example in some ICO, you need to chose carefully. I like when around ICO there is a bit hype!
Beldon
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November 19, 2018, 04:52:18 AM
 #508

Of course, knowledge is really needed when we are already in the crypto world, because here we have to understand and learn a lot, don't let us get into the crypto when we don't get any results because of our ignorance

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November 19, 2018, 05:55:12 AM
 #509

Always, when you start a new project, conducted market research. Investments are no different from a new business. And to become rich in a minimum of time, it is only at the will of the gods, we, the "earthly" investors, should rely on knowledge and training. If you are a beginner, you can either learn by yourself or join the community and follow its prompts.

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November 19, 2018, 06:03:01 AM
 #510

Even when you've stayed in the cryptocurrency space for long, knowledge is still required to keep up with the space. Without knowledge, one won't achieve anything.
logic123
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November 19, 2018, 07:43:14 AM
 #511

yes of course... we can't do anything without knowledge. if we do anything, first we should do search and know about that work.
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November 19, 2018, 07:49:43 AM
 #512

Definately knowledge is very important in crypto, if you are a newbie then firstly you should get some knowledge about of the crypto and which coin in good in crypto and and money you aere investing that money should not be a waste.
lionheart78
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November 19, 2018, 07:52:45 AM
 #513

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

Yes indeed but it is not only gained from experience, it is also gained from researching and learning from others.  If we only learned through our experience, we will be missing a lot of knowledge and besides it is not only basic experience that is available on the internet.  There are also those advance experience that can help us through difficult times shared by kind individual on the internet though we need to filter stuff since not all published on the internet are true.
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November 19, 2018, 07:56:02 AM
 #514

Knowledge is like a foundation needed for all kind of structure you may want to build in your cryptocurrency endavours! You as a cryptocurrency stakeholder must seek knowledge and apply it on a continious basis!

Jpt
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November 19, 2018, 08:25:21 AM
 #515

Yes knowledge is a must in every sector not only in cryptocurrency. If you have knowledge about the thing you are dealing with, you would not fail. In cryptocurrency like stock market, you need to research yourself instead of following others before investing. So research yourself, follow peer-to-peer consultation and discuss with experts first.
djsugar
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November 19, 2018, 08:32:44 AM
 #516

Knowledge is the strongest piller in cryptocurrency. Nobody can survive in this industry if they don't have appropriate knowledge about cryptos. I have seen many people criticizing cryptos because they lost all the funds by investing in cryptos. This is happened only because lack of knowledge. They might invested in shit coins or failed to identify legit projects. So knowledge is formost piller in cryptos.
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November 19, 2018, 09:59:11 AM
 #517

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 important in all things in this world, not only cryptocurrency,,
so, people who want to earn money in cryptocurrencies should have enough knowledge in crypto my friend

vamshi789
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November 19, 2018, 10:06:01 AM
 #518

as a newbie to crypto knowledge is important also it is everything.we have to be smart while doing trading so knowledge is needed.
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November 19, 2018, 12:20:36 PM
 #519

Yes, of course, before you start investing in your first cryptocurrency, take your time and study the market and coins yourself. You can listen to the advice of more experienced investors, but it is important to understand the selection criteria and the value of the project you want to invest in. Your own analysis will allow you to make the right choice and become an expert.

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Alijiindahaus
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November 19, 2018, 12:41:17 PM
 #520

Yes, of course, before you start investing in your first cryptocurrency, take your time and study the market and coins yourself. You can listen to the advice of more experienced investors, but it is important to understand the selection criteria and the value of the project you want to invest in. Your own analysis will allow you to make the right choice and become an expert.
If you take into account the statement of some cryptocurrency technologists, then some groups of people will only support Bitcoin cashe. They want to destroy all the cryptocurrency for the good of their project.
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