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Author Topic: Without money, the knowledge is a waste  (Read 1285 times)
bayu7adi
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June 17, 2023, 04:14:48 AM
 #41

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.

When we generalize it further, individuals with knowledge can earn money by selling their services. Their knowledge and creativity should already be in motion and based on this simple logic. So when they need money, they must seek it. However, regardless of the approach, it must be acquired because they require money to move to the next stage.

You don't have to start with Bitcoin to end up with Bitcoin. You can begin in the real world and transition to Bitcoin to apply the knowledge you possess about it. You can work using your knowledge in the real world. If there are no opportunities, you can start as a laborer with that capital.

I still agree that knowledge is more important than money.

And behold, the affluent individuals lacking adequate knowledge, rest assured, their wealth is but a fleeting mirage, easily squandered due to poor management.
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June 17, 2023, 04:27:12 AM
 #42

You do know that knowledge can be turned into money if you do something about it. You are making it a resource to share and make it known to the people. Imagine someone being an expert on something, then there's someone looking at the same expertise, and it could be an opportunity to trade between the two. Sharing = Paid expense. That's where it turns into fruition. (If that is your goal in the first place). You need to take advantage of what you have to get the best rewards.

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June 17, 2023, 04:53:04 AM
 #43

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?
If you have enough knowledge, for example, about bitcoin, this allows you to convert knowledge into money, the same btc. If this knowledge still doesn't allow to buy bitcoin, it only means that you don't have enough of it. The situation you described with the possession of all knowledge about btc and the absence of money at the same time sounds somewhat paradoxical. A reasonable person will find a way how to profitably apply the knowledge about bitcoin, and if he fails, then the questions should be to the owner of this knowledge, and not to the knowledge itself.

I absolutely disagree with the statement that this is a waste of effort. Any effort can be successful, but this doesn't mean that it will definitely happen. Any knowledge reveals new possibilities, but doesn't guarantee their implementation. Everything remains in the hands of man and his activity.

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June 17, 2023, 05:57:35 AM
 #44

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?

Without money knowledge isn't a waste instead it's the other way around because without knowledge money is a waste. When you don't know how to manage money and things you should do to double your money or keep the stream of income coming to your account, you'll waste all the money you have and go broke very soon. Knowledge is never a waste because it stays with you forever but money don't.

When you don't know how to manage money, you'll lose it and to manage money you need knowledge. You can teach others with the knowledge you have on bitcoin and use it as a source of income to get capital for you to invest into Bitcoin and keep your Bitcoin safe.

R


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June 17, 2023, 06:16:56 AM
 #45

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?

I disagree with the topic you made here in this thread section dude, because real knowledge is priceless. It is more true that there are many rich people but they have no knowledge of things, or they just look like they have knowledge because they are covered by the amount of money they have. But the truth is they lack knowledge.

Knowledge is because you work hard to get it, even if you don't finish school, sometimes it suddenly sprouts in your personality through the experiences you go through. But I will choose wisdom more than knowledge, although knowledge and wisdom can also be combined.

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June 17, 2023, 07:31:10 AM
Last edit: June 20, 2023, 01:04:17 PM by AnnaCrawl
 #46

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.
You may not have thought of it this way, but you actually need money to buy bitcoin. Indrectly of course.
Let me explain
- you need money to buy a smartphone or a laptop.
- you need money to buy internet plans from a provider to have access to the internet.
- after you have gotten these with money, then you can "earn BTC from joining a signature campaign or offer other services for bitcoin in return." So you see even if you have all the knowledge, you indirectly still need money to own bitcoin.

I agree with you, now everyone should use cryptocurrency because it is convenient, not to carry in their pockets bills and coins. I recently bought an iPhone using cryptocurrency, the main thing is to find a quality service where you can buy for cryptocurrency  cryptocurrency exchange rates: https://winerrorfixer.com/how-to-cash-out-your-crypto-safely-and-rapidly/. I want everyone to start using cryptocurrency wallets in three years, it is not convenient to use paper money.
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June 17, 2023, 08:00:32 AM
 #47

Money is very important in life. Apart from education a man should be rich only then he is successful in his life. I have seen many students who have completed higher degrees from various public universities to work as delivery boys and many live their lives by selling tea. What is the value of education if we get a higher degree from a public university if we have to sell tea or choose a profession like a delivery boy?  If the right person is chosen in the right place then education really has a lot of value. Just as education is given importance, so that there is no unemployment in the country, equal importance should be given. Education is devalued if education is not given due respect. Today we live in a society where money is valued more than education.

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June 17, 2023, 08:09:17 AM
 #48

Knowledge is always knowledge, and it won't waste because it will be in you. The waste is that you learn trading but don't want to apply it with real money. If you are talking about knowledge, if you learn about Bitcoin and want to buy it at Dip, for sure you'll figure out where you will find money to use to purchase it because you can predict that this month or today you should have this money so that you can buy it anytime. You can really find money easily, but having knowledge on something takes time and effort.
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June 17, 2023, 08:09:34 AM
 #49

If you have the knowledge, then you can have peace that when you run into the money again that you will know what to do. Until then you just have to work hard. Do things that you usually might not do to get ahead, put aside your pride and do the hard work to enable yourself to have both the money and knowledge so that you can achieve greatness.

If you pity yourself and do not push yourself to work hard instead, you can be sure that you will only increase despair over time as opportunities you could have taken pass by.
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June 17, 2023, 08:24:27 AM
 #50

In the words, it means that if you are not the main. If you are not very difficult to survive in the current world. You will need money to live well in the world. The demand for money is going on. If not, the wastage of knowledge is wrong again Correct. The relationship with the knowledge is very low. You can not earn money from life. If you are not the world, you can not earn money. Because if you do not have the right knowledge on your work you can not do the job. If you could earn money in exchange for the fact that you could earn money. Through it, there is his right knowledge. What is the bus driver no matter how big business man. If you do not have money your mind mentality will not be good, because you can not apply your knowledge to the right place. They will earn money by using your knowledge.
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June 17, 2023, 08:26:02 AM
 #51

Having knowledge is not just simply about the Bitcoin or any other crypto currency you can buy, there's a wide information or knowledge for you to study which involved money. It's not only about having the money for you to invest, of course you need to find ways for you to earn money for investing, if you really want to invest since you already have the knowledge, you might take some part time job, online jobs and etc. Since in my experience I tried doing online jobs so I could try to enter in this industry. If you think you can't really afford to invest in Bitcoin why not in just a simple business? There's a lot of knowledge for your money to grow without involving in crypto industry. Knowledge is powerful if only you add the hard work and consistency because without action it would just stay as a thought.

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June 17, 2023, 08:56:44 AM
 #52

I disagree with you...

There are 1000s of people who participated in signature campaigns on this forum, who used their acquired knowledge to post constructive content and they got paid for it. If they were clever.... they would have used that to buy more Crypto currencies. (Which they could trade and make even more bitcoins... or simply hoard it to wait for a spike in the price)

There are people out there that are using their knowledge to host Bitcoin meetups, where people actually hire them to talk at these meetups. So knowledge generate income and that income can be used to buy bitcoins or any other Alt coins.  Wink

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June 17, 2023, 09:01:04 AM
Merited by The Sceptical Chymist (3)
 #53

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
The thing about knowledge is that you can have it but the defining factor is always going to be how you use it!
It's like someone getting an education, and what they do with it is up to them, and just to put it out there...you might have the the education or knowledge but if you aren't ready to apply this in the real world money won't automatically come to you, you will have to put work before you are paid the true value of your time!

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
We are not on the same page with this, what happens if regulation is standing in such a person's way ?? Are you saying they should carry on with bitcoin even when its illegal in their country to sacrifice their freedom ??I don't think So!

Sometimes knowledge alone isn't enough,  one needs money to get going...take for example mining...if someone has the mining knowledge of BTC without  the hardware/rigs are we saying its a worst no, such a person lacks the resources to put his knowledge into practical use!

R


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June 17, 2023, 09:26:13 AM
 #54

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?
If it is associated directly with the purchase of money is another important thing, but try to ask the opposite to people who have a lot of money and are not involved in Bitcoin investment, they will answer do not have special knowledge about Bitcoin so that Bitcoin is not an investment that is worth considering for them. The nature of knowledge cannot be seen only from the point of view as you describe because there are many other ways that people can do to get bitcoin. One of the easiest is by following the BTC campaign as we did and this is also another way to get bitcoin by not buying it.

That's only a small part of the way someone can get Bitcoin, so don't think that knowledge is limited to one object because there are several other ways that people can go and without knowledge it's hard to achieve all of them. The closest example is that we are all on forums and there is a way to earn bitcoins, right?

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June 17, 2023, 09:38:34 AM
 #55

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?
Without money, knowledge is useless.
Without knowledge, money is useless.

To earn money requires effort and to gain knowledge requires effort.
Money and knowledge are intertwined like two sides of money.
My answer is who is more important depends on each of them in answering who is more important between money and knowledge in practice.

R


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June 17, 2023, 10:02:52 AM
 #56

Why do most link to @Obari's post and link it to the forum? Be honest, everyone involved in signature companies today: how many of you would be investing in Bitcoin if you excluded your participation and receiving money from signature companies? Do not dissemble, but I am sure that there will not be many of them if you check that the majority withdraw money to exchanges and fiat.
Therefore, take @Obari's post as separate knowledge about something, but due to the lack of demand for any knowledge, sometimes it becomes useless. Let me give you an example: students who write here that you cannot get a job in your country, what is wrong with you? You know everything; are you educated?
But if you had connections or money, then you would be more successful in getting a job, since now the rule "you're to me, and I to you" does a lot. To find the sweet spot of work, sometimes you have to pay for something.
The same is true for Bitcoin. How many of you would be able to get a job by excluding this forum so that your knowledge of Bitcoin would come in handy?

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June 17, 2023, 10:54:47 AM
Merited by The Sceptical Chymist (3), Nheer (2)
 #57

Yes!
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?


I don't think I can agree with you that having knowledge about Bitcoin is a waste of time and effort because for the person that  doesn't have the money to invest in it yet. Do you know that having proper knowledge about Bitcoin and cryptocurrency in general can also be another source of income, like writing a book about Bitcoin and cryptocurrency at all ?

In fact,  let me cut it short by saying a signature campaign is enough of an example. Someone cannot join any signature campaign in the forum when he or she does not have any knowledge about Bitcoin and cryptocurrency in general,so someone who has knowledge of Bitcoin and cryptocurrency will be the one that will gets the opportunity to put on a signature code and avatar after they reach a certain rank. So you see, your knowledge of Bitcoin and cryptocurrency in general is not wasted if you are using it to make some money in the forum or other ways legal. Having the knowledge down can be a great help later in future, whenever you may have the money to invest.

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June 17, 2023, 11:04:39 AM
 #58

It's true that with knowledge and without proper funds a person can't fully benefit from from the former when it comes to investment. However, if one is truly very knowledgeable about Bitcoin, there's probably a way to monetize it in some way (make educational videos, find a crypto copywriting job, make a blog about Bitcoin etc.), and then that money can be invested. So knowledge is still important and can make a difference, although of course financial status can create additional obstacles or, on the other side, lift some obstacles.

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June 17, 2023, 11:56:42 AM
 #59

Without money, the knowledge  is a waste

Completely disagree with this statement. I'd rather have the knowledge, than having no money and no knowledge at all. When we put it into a general perspective, knowledge is one important thing one must possess to develop an ability to produce money effectively.
I know you are referring to Bitcoin, but I don't see a single reason why having a knowledge with Bitcoin is a waste just because you don't have the money to buy today. There are actually a lot of ways to produce money if you're very much interested in investing with bitcoin. Again, that same knowledge will help you generate more income.

Having money to invest is also a waste of money if you don't have enough knowledge in bitcoin.

R


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Latviand
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June 17, 2023, 12:39:15 PM
 #60

I have to disagree, you can earn your bitcoin in this forum just by being knowledgeable, remember that there are signature campaigns in this forum and you can join in any of them if you're lucky enough and that they find you knowledgeable enough. Sure, what you're saying OP can be true maybe outside this forum and I do agree with what you're saying, it's the same as theory without practice is nothing. I myself, would probably find a way to make my own money to invest in bitcoin especially if I am knowledgeable, doing work is a good start to start your investment journey. I wouldn't necessarily agree with the title though if we are talking in general sense, knowledge of something is pretty useful.
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