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Author Topic: Without money, the knowledge is a waste  (Read 1285 times)
jasonjm
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July 04, 2023, 04:06:39 AM
 #181

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 is true that without money knowledge is nothing and vice versa. If you have ideas and you don't have the required capital you are not going anywhere. To become successful in current times you have to have a certain amount of capital as well as the required knowledge of the field to succeed.


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July 04, 2023, 08:23:35 AM
 #182

It is true that without money there is no lack of knowledge, I've thought about this many times, when you have money, you lose money. At a time when there is no money, a lot of knowledge comes out of the head that if I invest the money that I lost, maybe the money will increase. When one has money one wastes a lot but without money there is no waste. But if a person uses his knowledge well then he does not lack money. Of course knowledge helps people to show a side of goodness but those who waste their knowledge can never succeed. A cryptocurrency investor must consider the positive side to increase his money and his knowledge always influences the people who invest in Bitcoin in hopes of huge profits.
Knowledge-wealth relationships are contradictory. Wealth may cause recklessness and loss. However, scarcity may inspire creativity and caution. Knowledge may create riches if used properly.

This applies heavily to bitcoin investing. Bitcoin, especially, has huge profits. However, these profits carry considerable risks. This fragile climate requires expertise. Well-informed investors can make smart decisions to maximize earnings and minimize losses.

Thus, Bitcoin investors must educate themselves, follow market movements, and grasp this digital asset. Knowledge empowers: It is success in Bitcoin.



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July 04, 2023, 12:52:24 PM
 #183

It is true that without money knowledge is nothing and vice versa. If you have ideas and you don't have the required capital you are not going anywhere. To become successful in current times you have to have a certain amount of capital as well as the required knowledge of the field to succeed.

This is often used as an excuse by some people, I mean most people always make the money factor the main reason why they find it difficult to advance in business and difficult to start. Whereas on the other hand they have knowledge that can be said to be sufficient to support all their business trips, but it is indeed not enough if they do not have capital. In fact, they could have applied for a loan from a bank or to several agents, but basically this option cannot be fully used as a last resort because I understand that most of them do not have full confidence in the business they are going to run. The thing they are always afraid of is when they fail to manage their business while on the other hand they have made loans. However, in my opinion, if someone already has sufficient knowledge and is confident in the knowledge they have, there is nothing wrong with trying to make a loan, because if you keep quiet you will get nothing and that dream will only become a shadow.

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July 04, 2023, 01:05:15 PM
 #184

And it also goes the other way as well, you can have all the money in the world but if you don't have the right knowledge it is a waste because you will be so clueless as to what to do with the money to yield good returns. it is not just about btc knowledge, it can be in general perspective.  So i guess they both work hand in hand, if you have both then your goal will be achieve. Simply put, money needs knowledge and knowledge needs money.

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July 04, 2023, 02:33:17 PM
 #185

And it also goes the other way as well, you can have all the money in the world but if you don't have the right knowledge it is a waste because you will be so clueless as to what to do with the money to yield good returns. it is not just about btc knowledge, it can be in general perspective.  So i guess they both work hand in hand, if you have both then your goal will be achieve. Simply put, money needs knowledge and knowledge needs money.

But let's be honest in reality, most people who have a lot of money or we consider rich are for sure knowledgeable onto handling money. And the reason they remain rich as they already know how to manipulate things and also by just simply teaching their kids for the future. That's why if you have the knowledge at first even starting without the source of money, then for sure you would find your own way to achieve that success. We all expand our understanding in this world everyday, maybe there would be a time for you to have the opportunity the change your life in just one action.

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July 04, 2023, 03:25:10 PM
 #186

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 is true that without money knowledge is nothing and vice versa. If you have ideas and you don't have the required capital you are not going anywhere. To become successful in current times you have to have a certain amount of capital as well as the required knowledge of the field to succeed.


If you don't have money but if you have knowledge, you can also use that knowledge to make money, money can buy knowledge, but knowledge can also make money if you know how to apply it. When you have knowledge but no money, you should review that your knowledge is correct and applied correctly? Because knowledge will never be called a waste if we know how to use it properly. Knowledge is the foundation and the only way to success, so it is incorrect to say that knowledge is wasted.

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July 04, 2023, 04:32:10 PM
 #187

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 don't think so money is a limitation for investing money, someone who has knowledge of bitcoin and have the passion and determination to invest,  can invest with the amount he or she can afford.  Investing bitcoin is not about huge money or for the rich but for any one who found it interesting.  Any amount can be invested,  anybody can invested no matter how small the income of the person maybe learning.

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July 04, 2023, 04:42:21 PM
 #188

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?
From my understanding its not a waste of time, I want to reverse what I have said before because after my research concerning having a knowledge of something at first before executing it, I do release that knowledge and wisdom what everyone needs to carry out some project, so I believe that knowledge is like the foundation while money to establish and also make your knowledge to manifest is second, having the idea of something before practicing the stuff never be a waste of time because knowledge does not die, money can come at any time to make your dream to be activated. Many people has given its own point of view due to their understanding over knowledge and fund's, in a normal circumstances before kicking off a project or a business you most know the secret behind the business before establishment, so therefore I see knowledge as first while money is second in the aspect of establishing business.



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Vaculin
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July 05, 2023, 12:42:46 AM
 #189

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 understand what you're talking about. Knowledge and money is a bicycle with two pedals. You have to rotate both. If you have money but no knowledge, you may get lucky a few times but end up losing money. Because trading or investing without knowledge is a mandatory loss of money. Just like knowledge without money is meaningless until you have the necessary amount to start.
In general, if a person knows a lot about bitcoin, this does not mean that he should buy it. But if a person buys bitcoin, then he should know about it. And the more the better
Knowledge and capital would never work without each other, that’s why both should compliment each other to achieve a successful investment. You can’t expect to make profits with your investment if you only rely on your capital alone without any knowledge or strategy that will make your investment work and prosper. Just like if you are dependent on your knowledge alone, you can’t move forward because you need sufficient amount of money to finance your investment. Otherwise, your investment will never progress if you lack one of them, the reason why you have to be mentally and financially ready before you decide to risk entering an investment.
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July 05, 2023, 02:57:21 PM
 #190

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?
From my understanding its not a waste of time, I want to reverse what I have said before because after my research concerning having a knowledge of something at first before executing it, I do release that knowledge and wisdom what everyone needs to carry out some project, so I believe that knowledge is like the foundation while money to establish and also make your knowledge to manifest is second, having the idea of something before practicing the stuff never be a waste of time because knowledge does not die, money can come at any time to make your dream to be activated. Many people has given its own point of view due to their understanding over knowledge and fund's, in a normal circumstances before kicking off a project or a business you most know the secret behind the business before establishment, so therefore I see knowledge as first while money is second in the aspect of establishing business.
It is wrong that people are still getting an absolute  wrong concept of this thread because I wasn't referring  to life and knowledge in general but I was referring referring to bitcoin  and cryptocurrency in general.
I've got to understand  that having all the knowledge  about cryptocurrencies and bitcoin without  having any money to invest is a total waste because even with all the knowledge,  you're sure to miss out of all that bitcoin and cryptocurrency  will have to offer at a particular  period of time.
But one with money and maybe had the basic knowledge  of buying  and selling and even holding is sure to flow with  the possible good tides that comes with buying and hodling.
Just as other users have already said that both money and knowledge  compliment each other, it will be easier for  one with money to get knowledge  and I don't thinknit will be same for one with knowledge  seeking money.


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NNRR
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July 05, 2023, 04:06:29 PM
 #191

I could not accept that knowledge without money is worthless because if you have enough knowledge then you can earn money in one way or another because no one is born with money in the world everyone is born with empty hands and they become very rich in the world by acquiring knowledge and many  Earn money

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July 05, 2023, 10:06:47 PM
 #192

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?
This is a major obstacle of most crypto lovers especially in Africa, Nigeria precisely. Many youth like myself love to invest and trade in bitcoin practising all that we have heard and learnt but the big question or hurdle is with what do I do all these stuff...how do I make it out of bitcoin if I don't even have a start up capital. The reason why many are into fraudulent practice in order to gain big... pushing many into using the Bitcoin knowledge in the wrong way.
I'd encourage others like I did myself. Don't get into unnecessary competition with others who are doing evil to get funds for investing in Bitcoin rather use these ideas to make money from learners after teaching them...get a legitimate investment to grow you money then you can trade Bitcoin with what you have gathered from your skills.
I hope this helps! ✊
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July 05, 2023, 10:41:08 PM
 #193

Learning about bitcoin could never be considered a waste of effort, you may think that it is not useful for the simple fact that without a fiat currency you will not be able to access it and therefore everything you learned and know about this asset is lost. , but it is not like that, many fall into this error, but if there are other ways to achieve it without having to go through legal tender money, moreover, if you took enough advice, you should know that it is not the only option. Now what many comment is true, right now you have the opportunity to own bitcoin by belonging to a firm that pays you in this currency for your work, you already have the possibility of putting into practice all that knowledge that you managed to acquire and manage your assets in the best way so as not to waste anything.
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July 05, 2023, 10:45:35 PM
 #194

Learning about bitcoin could never be considered a waste of effort, you may think that it is not useful for the simple fact that without a fiat currency you will not be able to access it and therefore everything you learned and know about this asset is lost. , but it is not like that, many fall into this error, but if there are other ways to achieve it without having to go through legal tender money, moreover, if you took enough advice, you should know that it is not the only option. Now what many comment is true, right now you have the opportunity to own bitcoin by belonging to a firm that pays you in this currency for your work, you already have the possibility of putting into practice all that knowledge that you managed to acquire and manage your assets in the best way so as not to waste anything.
Waste on the sense that you would be missing out opportunity just because you dont have the funds or money for you to invest. Whats knowledge if you dont have the funds on investing?
For sure you would really be just murmuring in the corner and would be banging up your head or punching the wall just because you had missed out other opportunity just because you dont have money
which is indeed a sad reality for others, or even into me on which there are really times which you could really be able to point out a good entry on investment but due to lack of money
or those funds are been invested on other corners on which you had missed out on doing such step then it is really just that a huge waste.

This is why its better to be mindful on how to increase your income and profits on other investments you do have. Dont rush up because this is where things usually gets messy on which
you would be might be ending up on being that desperate.

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July 05, 2023, 10:58:50 PM
 #195

Learning about bitcoin could never be considered a waste of effort, you may think that it is not useful for the simple fact that without a fiat currency you will not be able to access it and therefore everything you learned and know about this asset is lost. , but it is not like that, many fall into this error, but if there are other ways to achieve it without having to go through legal tender money, moreover, if you took enough advice, you should know that it is not the only option. Now what many comment is true, right now you have the opportunity to own bitcoin by belonging to a firm that pays you in this currency for your work, you already have the possibility of putting into practice all that knowledge that you managed to acquire and manage your assets in the best way so as not to waste anything.
This point is quite understanding because no knowledge is waste, and knowledge is like transmission which hundred people can be impacted same knowledge you acquire in twenty years back, so that is why research and discovery is very important, what we should do in this discussion is to encourage people to make sure that they know or learn of bitcoin first whenever they have the money to start up the investment with bitcoin it will be very easier to coup with some certain transactions and advantages and disadvantages of bitcoin investment whenever it occurs, if you secure the knowledge of bitcoin and you don't have the money to start buying bitcoin you can teach someone who have money and the person will start the investment or both of can join as a team to start the investment, no knowledge that is not useful 

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July 06, 2023, 12:17:46 PM
 #196

I'm sure many people will agree that you're wrong. Knowledge cannot be useless, it changes your perception of the world and your thinking. The very idea of bitcoin can change a person's attitude to money.

It is not necessary to buy bitcoin, but if you have such an opportunity then you should not miss it.
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July 06, 2023, 01:33:05 PM
 #197

Learning about bitcoin could never be considered a waste of effort, you may think that it is not useful for the simple fact that without a fiat currency you will not be able to access it and therefore everything you learned and know about this asset is lost. , but it is not like that, many fall into this error, but if there are other ways to achieve it without having to go through legal tender money, moreover, if you took enough advice, you should know that it is not the only option. Now what many comment is true, right now you have the opportunity to own bitcoin by belonging to a firm that pays you in this currency for your work, you already have the possibility of putting into practice all that knowledge that you managed to acquire and manage your assets in the best way so as not to waste anything.
with knowledge being the main capital to invest in bitcoin, otherwise people who have money but do not have knowledge, then he will lose money. currently there are many ways to get bitcoins with only knowledge capital, of course with the effort according to the directions to get the bitcoins. and after that we can manage it until little by little we have the capital to invest and trade. I think knowledge has the most important role besides the will to change fate, I have a friend who is rich from bitcoin without spending personal money, so he has property assets

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July 06, 2023, 02:11:52 PM
 #198

You can buy knowledge with the money you have, with knowledge you can make money easily. These two elements complement each other, without money knowledge might have no meaning at all (some people think so). I see it from a different angle, with knowledge it's easier to get money. You may be penniless in the last month or two, but are you going to be quiet with that condition, of course not. Whatever you will do to earn money then immediately do something with knowledge when you already have money.
If I were given a choice, I would choose knowledge over money. Money can run out, while knowledge can be used without any time limit.

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Md Ezaz Ahmed
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July 06, 2023, 02:19:47 PM
 #199

I completely disagree with you. You can do anything with your knowledge. For example, if you have good knowledge in freelancing, such as graphic design or digital marketing, you can make money from it through marketing.

Then, you can engage in trade or pursue whatever you want to do. However, if you don't have knowledge, you can't do anything. Additionally, even if you have millions of dollars, you will lose it without knowledge. I hope you understand what I am trying to say.

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July 06, 2023, 04:21:08 PM
 #200

The way I look here at the question of knowledge as a way to embrace the understanding of everything including money, and money as a small part of the answer about applied knowledge, can be understand that each person has different choices or goals in life, so the way of looking at the story of having knowledge but not having money is simply that they are not capable and do not know how to apply their knowledge. yes, or they may not really value making money, sometimes their life knowledge growth should mean more than having a lot of money, and it seems that money in their journey is just enough to eat enough to wear and suitable for that life.
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