Without money, the knowledge is a waste

[Sanitough]

Know that there are a lot of crypto opportunities that offer a good income aside from bitcoin investment, so your knowledge will always be beneficial more than you can imagine. And if those early crypto adopters here who are living their life in success do not use their knowledge, then they must not reach their current position now. That is why knowledge is so powerful, as it will be your best weapon on battling the realities in life.

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[Baofeng]

I hope you realize that you don't always need to buy Bitcoin, for example, you and I earn BTC from joining a signature campaign, people can offer their services and ask to be paid in Bitcoin if they want to have Bitcoin and from there they can start saving/hodling some or all of the bitcoin they earned.

This is also what I'm thinking, majority of us here started with no money, although we shouldn't treat signature campaigns as the only source of our income, but still in the beginning, we have the privilege to enjoy and received some payment in Bitcoin. And most likely we did venture somewhere else, either trading or putting up some form of business on the Bitcoin that we have earned here.

But I think the OP's point is that if we see some drop in prices and we want to take advantage of it. Without money, obviously you can't buy and stack sats. So I guess there is a correlation between Money and Knowledge and both can be a very powerful tool to be successful in life.

[_BlackStar]

Yes!
you got the topic very correct and I do mean it because after my last thread, I was actually wondering  the essences of having all the knowledge  about bitcoin and cryptocurrency at large and still don't have the money to buy, I just feel its a waste of effort and such a person  with all his knowledge  will definitely miss out of the opportunities in bitcoin

Knowledge without money can make money, but money without knowledge will only spend money.
Look around you - or even yourself, you can make money on your knowledge and ability to create useful posts in forum and you get paid upon being accepted in one of the signature campaigns. How can you say knowledge without money is useless if you yourself can make money because of your knowledge and abilities?

I disagree with you - but it may be true that they are not as lucky as others with large investment budgets to invest at the price they want.

[AmoreJaz]

Know that there are a lot of crypto opportunities that offer a good income aside from bitcoin investment, so your knowledge will always be beneficial more than you can imagine. And if those early crypto adopters here who are living their life in success do not use their knowledge, then they must not reach their current position now. That is why knowledge is so powerful, as it will be your best weapon on battling the realities in life.

that is true, if you know have the knowledge then it means, you know other routes to earn money not just only buying BTC and storing or trading with it. you can start small whatever amount you know you can spare in this market. also, you can use your skills and offer it and accept crypto as payment. just look at the services section here and you will understand that a lot of users here are offering various kind of services. don't think that one way of earning income in this market is just by buying crypto. there are a lot more activities on how to earn one.

[serjent05]

I completely disagree with you @OP  if you can't find a way to earn money to buy Bitcoin then you are lacking knowledge. Knowledge on how to generate money to buy what you want or need.  I would say, without knowledge, money is a waste.  Yes the vice versa of what you believe @OP.  We have seen people who won the lottery jackpot and yet they still end up poorer than before they win the lottery jackpot.  It is because they lack knowledge on financial management and how they can grow their winnings in different business ventures.

Money creates an opportunity to make money thru investments, if you don't have money yep it's going to be a waste of skills.
But earning a few BTC can be easy for those who learn well in BTC and crypto, especially skilled individuals who know how to write codes and articles. Knowledge is to be combined with skills, opportunity, and a bit of luck.  People around here are even using the signature money they have to invest, it's not just for beer and gambling.

Without enough knowledge, there is a huge possibility that we will still miss that opportunity, worst we might end up investing in scam companies that can incur huge losses to our funds.

[lalabotax]

Somehow, I do not agree with this. Indeed, money is very much needed in this crypto business, especially for people who want to invest in Bitcoin. So, once they have the ability and knowledge, they are also obliged to have a lot of money. The more money, the more chance to get profits, but also the greater the risk on the other hand.

However, it doesn't always have to be that way. There are several things that we can get armed with good skills and knowledge. We can get free money, such as from doing this signature campaign or some other worth it activities, such as airdrops and others. Maybe the results are not promising, but if this will be enough to continue to survive and grow to get a pretty good income.

[Hatchy]

@Obari, I will disagree with you on this. Not having money to buy or invest in cryptocurrency doesn't actually mean that you can't study or you shouldn't study about it. you cam always gain knowledge and keep saving up until you get enough funds to start investing. So it doesn't necessarily mean that your knowledge of Bitcoin has been wasted it will definitely come in handy.

 

I want to know the essence of wanting to crowd ones brain Brain with so much about bitcoin  when such a person doesn't have any more to buy rather than seeking ways to buy?

Let's take for instance, here on Bitcointalk, a community where Individuals from different part of the world all come together. i really don't think that most members of this forum who are Bitcoin holders today, actually invested their money on it. They probably got their first Bitcoin here from signature campaigns and this wouldn't have been possible without having knowledge about Bitcoin. So from this, you can see the advantages of studying Bitcoin even when you don't have money to invest in it.

If I may, your topic should rather be without knowledge, your Money is a waste Because even when you have all the money to invest in Bitcoin or crypto, without knowledge you end up Lossing all your money.

[Asiska02]

I want to know the essence of wanting to crowd ones brain Brain with so much about bitcoin  when such a person doesn't have any more to buy rather than seeking ways to buy?

No knowledge is a waste and everything you’ve learnt can be put into good use if only you know how to go about it. Learning about bitcoin without having the funds to buy them is not crowding of the brain but rather having a simpler way to make money. We are in a computer technology era and with your bitcoin knowledge and how good your perfection is, you can make money in different ways around crypto market. When there’s money without financial knowledge, then there’s a high possibility of going bankrupt again.

Let's use you as an example: you are wearing a signature for which you are being paid in Bitcoin at the end of every week. What does that tell you? Let me put it this way: It's just as if you learned a skill, and right now you are being paid for the good skills that you have learned.
So do you own those weekly-pay Bitcoins because you have money to buy them or because you worked for them?

I really love the example you just gave him on this subject matter and it explained everything explicitly for him to understand very well without him asking such question again next time.

[Yatsan]

Yes!
you got the topic very correct and I do mean it because after my last thread, I was actually wondering  the essences of having all the knowledge  about bitcoin and cryptocurrency at large and still don't have the money to buy, I just feel its a waste of effort and such a person  with all his knowledge  will definitely miss out of the opportunities in bitcoin and I'm  on the opinion  that people still need to always have some form of money at all time to buy bitcoin especially  at every instance a dip arises and I want to know the essence of wanting to crowd ones brain Brain with so much about bitcoin  when such a person doesn't have any more to buy rather than seeking ways to buy?

Are there anyone who doesn't have money nowadays? Even if small, the misconception on this one is that to many people, they thought that they need to invest huge amount in order to make profit from this industry. Invest only an amount you can afford to lose; cliché as it sounds  a phrase we often see in this industry but it is the reality. This is the mistake of some people wherein they are taking a loan to invest which will never be advisable. Profit won't come in an instant so always manage the risk. Whether it is big or small, as long as it is just a spare fund, it won't be a problem holding it for years until it becomes profitable. Money is indeed needed to invest, that is obvious but there is no specific amount to do so.

[Alpha Marine]

I disagree that knowledge is a waste, especially knowledge about Bitcoin. I agree that if you don't have the money to buy Bitcoin when it dips then the knowledge will seem like a waste, but it's not.
Isn't it better that you lack one thing instead of lacking two things?
When you have the knowledge, all you'll be looking for is money. Getting a degree when you have no money doesn't mean the degree is a waste. It means you can use the degree to make money.
Likewise Bitcoin. You can use the knowledge gathered to make money.

[Ale88]

Yes!
you got the topic very correct and I do mean it because after my last thread, I was actually wondering  the essences of having all the knowledge  about bitcoin and cryptocurrency at large and still don't have the money to buy, I just feel its a waste of effort and such a person  with all his knowledge  will definitely miss out of the opportunities in bitcoin and I'm  on the opinion  that people still need to always have some form of money at all time to buy bitcoin especially  at every instance a dip arises and I want to know the essence of wanting to crowd ones brain Brain with so much about bitcoin  when such a person doesn't have any more to buy rather than seeking ways to buy?

Knowledge is never useless. That is actually one of the worst sentences I've ever read on this forum. Many people make/inherit big sums of money but have no knowledge of how money and finance work and they end up completely broke. If you have knowledge about bitcoin it probably means that you have a better knowledge of money than the average Joe so probably you should know how to save and invest money in order to get more satoshi/bitcoin.

[romero121]

That's a wrong perception one have created over it. When it comes to bitcoin, there is nothing compulsory to buy it as a whole. With its high price it is really difficult for all people to afford it as a whole. One can buy what he is able to buy. There are people who are selling their services in exchange for bitcoin. Slowly we get to save and later with the saved bitcoin one can practice trading and make some earning. Opportunity can be developed and used.

[Stalker22]

I personally do not see how knowledge can be a waste, even if it is not useful at the moment. Learning new things helps us grow and understand the world better. And also, knowledge does not always have to be monetized to be valuable.

And let us consider the flip side of the coin. If you possess knowledge that has practical value but you cannot find a way to turn it into money, then perhaps you need to rethink your approach. Finding ways to capitalize on your knowledge and skills is essential in today's world. And the best part is, you do not need a hefty sum of money to get started. Not in this day and age, where technology allows us to connect with people all across the globe. The beauty of the digital age is that you do not really need a significant startup capital to make an impact. Whether it is through social media, online marketplaces, or creating your own website, you can connect with people from all corners of the world and share your knowledge or products.

[Asuspawer09]

Yes!
you got the topic very correct and I do mean it because after my last thread, I was actually wondering  the essences of having all the knowledge  about bitcoin and cryptocurrency at large and still don't have the money to buy, I just feel its a waste of effort and such a person  with all his knowledge  will definitely miss out of the opportunities in bitcoin and I'm  on the opinion  that people still need to always have some form of money at all time to buy bitcoin especially  at every instance a dip arises and I want to know the essence of wanting to crowd ones brain Brain with so much about bitcoin  when such a person doesn't have any more to buy rather than seeking ways to buy?

It wasn't a waste, knowledge is power, I started on cryptocurrency and Bitcoin when I was just a student I don't really have money to invest but I did earn a big amount of money, I mean you could start your service here in the forum, with your knowledge or skills people can pay you on Bitcoin with your service. I remember earning up to 3k dollars. I think when I was just a student because of Bitcoin, it was a really big amount, especially for a student without a job or anything. Just knowing bitcoin and the cryptocurrency space I did earn that and I was able to buy a motorcycle that I can ride at school daily.

I mean the best thing to do is just to acquire a lot of knowledge if you still have the time, Knowledge or your education cannot be stolen by anyone, and with your knowledge you could create income and with your income, you could invest in Bitcoin or cryptocurrency.

[hatshepsut93]

True, it's a common investment wisdom that you need to have money to make money. The idea that you can in some sense "succeed" by having Bitcoin knowledge is just narrative that shitposters spread when they need to bump their post count and hopefully catch some merit points. Bitcoin requires just some basic knowledge to be used effectively, you need to know how to use it and how to not lose it. Earning Bitcoin is just like earning fiat - it's about working or running a business. And for many people it could be more efficient to just earn fiat and Bitcoin with it instead of trying to earn bitcoins.

Not so long ago I created a thread with similar thoughts about Bitcoin knowledge, maybe it will be interesting to you https://bitcointalk.org/index.php?topic=5447332.msg62024706#msg62024706

[South Park]

Yes!
you got the topic very correct and I do mean it because after my last thread, I was actually wondering  the essences of having all the knowledge  about bitcoin and cryptocurrency at large and still don't have the money to buy, I just feel its a waste of effort and such a person  with all his knowledge  will definitely miss out of the opportunities in bitcoin and I'm  on the opinion  that people still need to always have some form of money at all time to buy bitcoin especially  at every instance a dip arises and I want to know the essence of wanting to crowd ones brain Brain with so much about bitcoin  when such a person doesn't have any more to buy rather than seeking ways to buy?

You need both, a person can have all the money on the world but if they do not know what they are doing then they will eventually lose it all, now you may argue they could always hire someone that knows what they are doing, but this is harder than you think, as the few traders out there which can outperform the market do not really need more clients as there is always someone trying to hire them, so while you have a point in the sense that having just the knowledge about how to invest and no money is not enough, the opposite scenario is not that much better.

[Stella Mese]

 actually I do not agree with your opinion, if you think that having knowledge without money is useless,
because in my opinion even though we have knowledge but don't have money to buy btc, in my opinion it's not in vain, rather THAN people who don't have knowledge then buy btc, and in the end experience a loss. In my opinion money is necessary but of course knowledge must be prioritized because without knowledge we will have the potential to experience such great destruction.

but I also understand what you mean, because we really can't buy BTC without money, but in my opinion what needs to be prioritized is knowledge first then investing in BTC.

[Darker45]

What about those who have the money but don't understand a thing about Bitcoin? Will they buy Bitcoin? Will they make the most of these cheap days and stack Sats? Nope.

All I'm saying is that you've already made it to the first stage if you're already convinced about Bitcoin. All you have to do now is to look for a job, find some side hustles, make money, and buy Bitcoin.

Those who have the money but are blind enough to discredit Bitcoin for its potentials are all behind you.

[Dimitri94]

Somehow, I do not agree with this. Indeed, money is very much needed in this crypto business, especially for people who want to invest in Bitcoin. So, once they have the ability and knowledge, they are also obliged to have a lot of money. The more money, the more chance to get profits, but also the greater the risk on the other hand.

However, it doesn't always have to be that way. There are several things that we can get armed with good skills and knowledge. We can get free money, such as from doing this signature campaign or some other worth it activities, such as airdrops and others. Maybe the results are not promising, but if this will be enough to continue to survive and grow to get a pretty good income.

The point is that a man needs both knowledge and money to be prosperous. But I think first a man must acquire knowledge otherwise he cannot hold his money. A wise man may be temporarily poor, but he can become wealthy at any time by applying his knowledge. Just knowing about Bitcoin doesn't mean he has to invest in it. Maybe someone who learns about Bitcoin who doesn't have money today, will be able to invest when he does. The gist is that there is no loss in gaining knowledge about anything. One thing should be kept in mind that those who cannot adapt themselves to modern technology will never be successful. And to adopt this modern technology, one must acquire sufficient knowledge.

[Don Pedro Dinero]

I disagree with you on this one completely.

If I can recap my comment on your last thread, No Knowledge is a waste <...>

Let's use you as an example: you are wearing a signature for which you are being paid in Bitcoin at the end of every week. What does that tell you? <...>

Here's the thing, the OP is assuming that knowledge is absolutely separate from money, and it's the other way around, knowledge can lead you to get money or to get bitcoin directly. As he is participating in signature campaigns it is paradoxical what he is saying. In fact, this forum is an example of many people with little money getting bitcoin.