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Author Topic: knowledge and Capital which is Very important in Business or Investment?  (Read 1096 times)
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September 02, 2021, 04:02:43 PM
 #101

I think that not only knowledge but also capital is very important before making an investment into something. Knowledge is the biggest power. Because if you are not well-informed about an asset in which you are thinking of invest, it is very likely that you can lose a great deal of money. However, if you do a detailed research about the asset, then you will decide more precisely. Even if you are very rich, you can't do much without enough knowledge.

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September 02, 2021, 04:22:18 PM
 #102

I think capital can be accumulated or borrowed, but knowledge must be deep enough to start a business.
I have seen many people get rich from nothing, so don't think much about capital. Try to start little by little, time will help you become stronger.
Agree, deep enough and need to see the vastness of the market, instead of putting in a narrow mindset and rejecting it from the first few frictions but start-ups should still leave a bit of an optimistic attitude and should not be overly thorough because the obsession with every detail affects a lot of startups, risk aversion is fatal for too many people while they don't realize the success rate is still relative. Insufficient capital can be called for and there are quite a few funding programs for startup ideas, convincing enough will allow successful capital raising.

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September 02, 2021, 07:19:15 PM
 #103

Both are important but knowledge is most important because Knowledge is everything. Knowledge has more power than money.knowledge will help you to take good decisions,to implement ,to succeed in business.
Whereas money is like fuel and can vanish all the obstacles in between. 🙏🙏
This is a good analogy, knowledge is like a car and money is like the fuel you put into it, a car without any fuel is not going anywhere and the same is true for knowledge, and the fuel without a car will allow you to make a lot of damage to others and to yourself just like it is the case of money when it comes to the markets, both are completely necessary in order to become profitable but knowledge can be enough to still become successful because you could offer your services to other people and earn money that way, something not possible to do with only your money.

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September 02, 2021, 07:30:19 PM
 #104

Both are important but knowledge is most important because Knowledge is everything. Knowledge has more power than money.knowledge will help you to take good decisions,to implement ,to succeed in business.
Whereas money is like fuel and can vanish all the obstacles in between. 🙏🙏
This is a good analogy, knowledge is like a car and money is like the fuel you put into it, a car without any fuel is not going anywhere and the same is true for knowledge, and the fuel without a car will allow you to make a lot of damage to others and to yourself just like it is the case of money when it comes to the markets, both are completely necessary in order to become profitable but knowledge can be enough to still become successful because you could offer your services to other people and earn money that way, something not possible to do with only your money.

You can always use your knowledge to bring in money. If you are good, you can impress people to invest with you. Keeping those believers to earned with your knowledge means that you are also bringing good profits for yourself.

Knowledge can work it out, but it's much easier to deal with any business if you already have the money to begin with. The success and time that you need to spend is more shorter to achieve your goals.

Both are important as long as you know and understand where to use it and how to use it for the best benefits.

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September 04, 2021, 05:53:50 AM
 #105

We study because we want to be something that interests us and the interest is nothing but our work where we want achieve something and in the process gain money/capital for the same. So knowledge is something we wanna have before we could think of generating some capital. Moreover, based on your skills you earn more or less. For example a research scientist in giant biotech company will always have more gains as compared to someone who has small course based skills working in garage shop (!). I mean this is the reality of current world and I don’t wanna offend by this. Obviously everyone loves what they do. But technically knowledge is seriously important.
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September 04, 2021, 03:16:57 PM
 #106

I think that not only knowledge but also capital is very important before making an investment into something. Knowledge is the biggest power. Because if you are not well-informed about an asset in which you are thinking of invest, it is very likely that you can lose a great deal of money. However, if you do a detailed research about the asset, then you will decide more precisely. Even if you are very rich, you can't do much without enough knowledge.

The two things were needed in the right place and time to achieve a successful investment and business. But to be honest there are a lot of businessman and investors that literally came from scratch and broke but they ended up successful because those are people who are willing to learn constantly through out their journey and that makes them a wise investor. Knowledge usually comes first before money but having the two aspect you will easily get your desire investments. Empowering your mind must be on the first thing to set in priority.
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September 06, 2021, 10:08:15 AM
 #107

Both. as an aspiring entrepreneur, I learned how important is your network, it's important to have enough connections in order to succeed, you still need capital to learn how these successful people operate. It's either you do courses or hire someone as a coach. These coaches learn strategic ways to succeed, they spent enough time and energy learning it through experience.

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September 06, 2021, 11:49:39 AM
 #108

I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?

Is it KNOWLEDGE or CAPITAL, or even BOTH?
Knowledge without capital, we can't do anything to gain profit. Maybe we can try to sell our analysis, but if no proof that we're buying we can't gain trust from others.
Capital without knowlede, of course people not want to trade recklessly because it can cause them to suffer in losses, or maybe only rely on luck which is not always come.
Both will be good, capital and knowledge so we can't analyze by ourself and can execute order anytime we want. And who gain profit from it is ourself, we can use copy trade so people can get advantage too, and we can get a little percent of commision from them.

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September 06, 2021, 10:39:49 PM
 #109

Both. as an aspiring entrepreneur, I learned how important is your network, it's important to have enough connections in order to succeed, you still need capital to learn how these successful people operate. It's either you do courses or hire someone as a coach. These coaches learn strategic ways to succeed, they spent enough time and energy learning it through experience.
Networking is really important in many professions but unless you plan to become a money manager I do not see this as being as important as it may seems at first glance, after all you do not really need anyone to teach you how to trade when you can learn this on your own and you can use your capital to trade the markets and obtain profits, so in that instance networking is not going to bring you any benefit and you will just waste your time when you could be dedicating that time to improve your craft.

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September 07, 2021, 04:24:33 AM
 #110

Actually from a small capital, we can still do it and can develop it step by step until it becomes a high profit. This is where knowledge and insight can drive it. High capital is indeed important for higher results, but we don't need to force ourselves with each of our circumstances, at least we try our best and do everything as well as possible.
We know that success will not come instantly, and enjoying the process of success is means a lot.
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September 07, 2021, 06:34:37 PM
 #111

Actually from a small capital, we can still do it and can develop it step by step until it becomes a high profit. This is where knowledge and insight can drive it. High capital is indeed important for higher results, but we don't need to force ourselves with each of our circumstances, at least we try our best and do everything as well as possible.
We know that success will not come instantly, and enjoying the process of success is means a lot.
Knowledge and capital are both important to start a potential investment because without them, an investment will surely fail in the long run. A good capital is needed if you think of running an investment or business but without knowledge, it will not reach its end goal to succeed.  Just like knowledge and insight are highly needed too but without a good amount of capital, your goal won't be realized. So its like they both compliment each other, and therefore losing one of it will cause the business not to grow and progress.

I am planning personally to start a good investment in the near future but i know i have to be prepared for it so as early as now, i know i have to equip myself with knowledge and capital and i believe it will only be possible through my earnings and vast experiences here in crypto market.

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September 08, 2021, 01:27:17 PM
 #112

Knowledge is the most important factor in investing or with any other business, few months ago of course we have seen when crypto is hype everywhere and many investors have to suffer losses because many of them invest in crypto due to falling into FOMO not because based on knowledge, So by looking at these events it can be concluded that knowledge is very important.
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September 08, 2021, 03:09:08 PM
 #113

Both are very important in supporting success in investing, even not only investing but also for other sectors such as trading. Where knowledge will be very influential, especially when balanced with very sufficient capital, it can also be added with a good attitude, this positive mindset is all a complete package that I believe will be successful and last a long time.

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syedakhlaque
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September 08, 2021, 04:13:01 PM
 #114

Wealth and knowledge both are important. If you have the knowledge and wealth also. You can do business with good awareness . You will be successful in the business. But I think knowledge is more important than wealth. Because with knowledge & awareness you can create a source of earning. Without knowledge in any field of life, success is very difficult or impossible

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September 08, 2021, 07:43:41 PM
 #115

Capital and knowledge are both important for investment or business. If you do not have good knowledge and experience, you will lose all your capital in investing. Investment requires great knowledge and requires research. As for capital, If you have 0 capital, you will be unable to invest and finance your business. You have to learn and read books and articles that help you about investing, and if you want to accumulate your capital, you need to work on the Internet in the field that you can be creative with.

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September 08, 2021, 09:52:06 PM
Last edit: September 08, 2021, 10:08:35 PM by famososMuertos
 #116

Sometimes you have nothing and you achieve everything, it is called talent, you just do it and you achieve it.

For the rest of the interested parties, a lot of effort, work, preparation, training and perseverance, a lot ... but in business or investment it is not about giving hierarchy to items such as the ones you mention, many factors are required and in That point, if you are intelligent, if you do not find them or they are within your reach, you find them in other individuals. In most projects, you surround yourself with talented people, it is a symbiotic balance that leads to success..

In fact, if you have money, but you do not have knowledge, you look for someone who has it because surely there is someone there looking for investors, and there is the third party who sometimes has neither money nor knowledge but finds those two partners.










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September 08, 2021, 10:06:48 PM
 #117

Both are very important in supporting success in investing, even not only investing but also for other sectors such as trading. Where knowledge will be very influential, especially when balanced with very sufficient capital, it can also be added with a good attitude, this positive mindset is all a complete package that I believe will be successful and last a long time.
But not all investor or a trader has that. Its either one has the knowledge but lacks in capital, and its vice versa. But if you really aim for a successful investment, you should be ready and prepared to accumulate both knowledge and capital because they are both essential when you want to run a profitable investment.

Although knowledge alone can create good ways how to earn an income but it will be more advantage if you have a good amount of capital too. The best positive result will definitely happen if you are both prepared to learn and to earn.   

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Wawa2013
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September 08, 2021, 11:08:07 PM
 #118

Capital and knowledge are both important for investment or business. If you do not have good knowledge and experience, you will lose all your capital in investing. Investment requires great knowledge and requires research. As for capital, If you have 0 capital, you will be unable to invest and finance your business. You have to learn and read books and articles that help you about investing, and if you want to accumulate your capital, you need to work on the Internet in the field that you can be creative with.

Knowledge and capital are important things that cannot be separated if we want to succeed in business or investment. Without knowledge and capital
it is almost impossible to succeed in a business or investment. Therefore, if we don't have the knowledge and capital, don't be in a hurry to think
about starting a business or investment. Even knowledge and capital are not easy to get, it takes time and hard work to get it. It's true what you say
zero capital becomes impossible for investment, so work diligently to be able to raise capital, after the capital is collected we can invest. But capital
alone is not enough, it requires knowledge so that when investing does not make the wrong decision. We can get knowledge from anywhere,
with internet access it is easier for us to learn various things to improve our knowledge.

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September 12, 2021, 07:01:09 PM
 #119

Actually from a small capital, we can still do it and can develop it step by step until it becomes a high profit. This is where knowledge and insight can drive it. High capital is indeed important for higher results, but we don't need to force ourselves with each of our circumstances, at least we try our best and do everything as well as possible.
We know that success will not come instantly, and enjoying the process of success is means a lot.
While you can still have success with a small level of capital at the same time it is not as easy as it sounds, with a smaller capital you will still need to pay all the fees that exchanges charge you and this is a bigger burden the smaller your capital is, so you need to be careful when you are trading with such a small sum of money which means that your path to success will have to be even slower, which could lead to desperation and force you to make small mistakes that become huge when your capital is so small.

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Hamphser
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September 12, 2021, 10:24:19 PM
 #120

Actually from a small capital, we can still do it and can develop it step by step until it becomes a high profit. This is where knowledge and insight can drive it. High capital is indeed important for higher results, but we don't need to force ourselves with each of our circumstances, at least we try our best and do everything as well as possible.
We know that success will not come instantly, and enjoying the process of success is means a lot.
While you can still have success with a small level of capital at the same time it is not as easy as it sounds, with a smaller capital you will still need to pay all the fees that exchanges charge you and this is a bigger burden the smaller your capital is, so you need to be careful when you are trading with such a small sum of money which means that your path to success will have to be even slower, which could lead to desperation and force you to make small mistakes that become huge when your capital is so small.
Doesnt really matter whether you do have big or small capital because what matter most is the risk management you do have and the consideration of those fees and other reductions along the way.

You should have knowledge and capital whether you do tend to make a business or investment since those are important factors where you do need to have in order to succeed or sustain this market.

Everything is important and should be on consideration because if you dont have these things then you would really be having some hard time in dealing with it.

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