Experience is key, go for it.

[Cryptoababe]

Yeah.. Practicing what one learn is the best way to success. Experience is key and if you dont practice what you have learn, then they are useless. Thats why teachers give students  assignment or homework to do.

[TimeTeller]

The point is that you have to be consistent with whatever you want to master or are currently doing. if you are trying to become a trader then what you have to do is try to become a good trader by learning basic trading skills and also collecting capital that can support you in trading.

It's the same as when you are trying to become a Bitcoin or other altcoin miner, you have to be consistent and also learn the basic things a miner should do. Consistency and persistence are two important elements that will make you successful in whatever you are doing.

And with such consistency, you will soon find out that a certain activity is already like a passion to you.
Wherein, you won't feel being forced to do such task but it all comes natural to you.
This will be a good feeling for you because you are enjoying what you are doing, and you won't get tired of it.
You need to dedicate your time and some of your resources if you are serious in doing good for one thing.
Patience and hard work are always needed to succeed in any endeavor in life. As you said, miner or trader, both need consistency and persistency to attain success.

[tvplus006]

No matter the amount of information you receive on this forum, if you don't practice and work on having a first-hand experience, you won't understand much...

Of course, theoretical knowledge that is not backed up by practice will not be able to provide you with a complete understanding of how the crypto market works. And only practical exercises will help us gain experience that will allow us to make a profit in the future.

[hd49728]

Of course, theoretical knowledge that is not backed up by practice will not be able to provide you with a complete understanding of how the crypto market works. And only practical exercises will help us gain experience that will allow us to make a profit in the future.

At the end, we must do practice and practice makes perfect.

If we only read to learn knowledge but don't practice, even our understanding is good, it is not helpful enough practically because we all end with practice. Practice to store our bitcoin, broadcast our bitcoin transaction. If more deeply understand, we can use open source, non custodial wallet, use Coin Control and customize our fee rate as well as know how to look mempools and choose a good fee rate.

Practice also helps us to detect our incorrect understanding and can help us to have better knowledge too.

[Agbe]

Op I understand you very well. I have seen and met some guys in real life. They are well educated and brilliant in their field of study or in computer in general but when they come to bitcoin investment they are zero. Then I came to understand that experience in bitcoin is needed in the investment and not only hearing about it and knowing it. You have to practice, use it so that you will know what to do and what to say. What really affecting the African countries education is practicals. We only have theories classes and not practice classes.

[Miles2006]

Practice makes perfect, everything in life needs practice, the fact is having a full knowledge about bitcoin without putting it to pratice shows you're not perfect, in fact everything concerning bitcoin needs practice, trading, mining, selling, etc needs practice. Having an experience be it bad or good makes you stronger the more. Most traders you're talking about they have also seen the bad side of it and still the good side of trading. In essence putting to practice what you've learnt is the best

[Davidvictorson]

No matter the amount of information you receive on this forum, if you don't practice and work on having a first-hand experience, you won't understand much.

Information received and not acted upon is the same with no information received because no application as been made.

Experience is key in everything we do and it plays a huge role in determining how successful we will become in that field.

I choose to call this experience- practice and repetition. It is in doing it over again that success ensues.

As you choose either to trade, mine, or do what works best for you, don't forget to learn the fundamentals and apply them correctly. also learn how to start small and gradually, you learn on the job and with time your experience level should have grown and you can now start making a reasonably calculated risk.

Yes great advice. Pick a path and commit to it. Personally I try to avoid trading and mining as much as possible and stick to just hodling. Even hodling requires experience not to get carried away with the fuds.

[Belarge]

No matter the amount of information you receive on this forum, if you don't practice and work on having a first-hand experience, you won't understand much...

Understand the basis of the system and how it operates. Experience is key, it should be our ultimate priority in the system, it teaches us to refrained from repeating some crucial mistakes in the system. This forum is broad, therefore one can learn about it in just a day, a week or a month. It takes years to totally comprehend the system. There are quite numerous sectors in the system for us to comprehend, we just have to keep learning about the forum because learning never ends. Experience is the best teacher, one can not understand something thoroughly without having knowledge or experience about that thing.

[reagansimms]

Experience is key in everything we do and it plays a huge role in determining how successful we will become in that field.

Experienced traders know when to buy when to sell, and when to hodl. They also know how to manage any fluctuation in the market, This helps them to minimize losses and guides them to take reasonable risk.

To be successful as a trader does not always go smoothly, research is needed and steps must be taken correctly. The success achieved by crypto traders can be used as motivation for beginners who have just started trading crypto assets. They have to abandon the idea that not everyone can be a successful trader, but actually everyone can become a trader if they are willing to learn.

However, they also have to learn from the bitter experiences that traders had before becoming successful. Experience will give them the strength to face all the challenges that occur in the market. These challenges can be used as fuel that can provide stronger encouragement to continue moving forward in order to achieve success in trading crypto assets. To get a lot of profit in trading, of course you need experience and time to do research. Beginners must have high enthusiasm for achieving their dreams and must always consider market movements to help minimize losses.

[JMBitcointernational]

.They also know how to manage any fluctuation in the market, This helps them to minimize losses and guides them to take reasonable risk.

Experience has made traders very valuable in the market because it enables them to know when to buy and sell a particular product and also to determine the taste of the consumers and this enables the traders to avert unforseen circumstances.

[AprilioMP]

No matter the amount of information you receive on this forum, if you don't practice and work on having a first-hand experience, you won't understand much.

Bitcointalk forum is a space where I can have all the knowledge about Bitcoin and crypto. Outside the forum, I also found knowledge through various sources that I was looking for, but it was not like the experience I found on the Bitcointalk forum.

Experience is key in everything we do and it plays a huge role in determining how successful we will become in that field.

Experience supported by will and consistency is the key in determining how good a field is. I think a lot of people here are trying to do that in improving their skills.

[Alpha Marine]

I agree, but you have to know that experience comes with time. Experience comes with the learning process because I believe we are always learning.
Let's take trading for example. If you're learning to trade, you'll need to practice what you're learning and you do that by actually trading. But you have to know that you're still learning. You don't have to trade big amounts. Just small amounts that can help you learn.
I don't believe in demo accounts for learning to trade (just a personal opinion) because they're not the real thing.
So while learning and trading little amounts you begin to get experience on the job you're learning. Both the losses and the wins will be part of the experience and you learn from them.

[JMBitcointernational]

Experience is the best teacher. But its better if you learn from the experience of others than waiting till you get the experience before you learn.

Experience is the best teacher ,but learning from others will serve as a guide to whatever you are doing  because it reduces your chance of loss (risk) .Experience works solemnly well when you are knowledgeable and understand the concept of what you are doing because there is a saying that says that a knowledgeable man is an experience man .

[Sebas.tian]

Experience is a divine direction you can apply to go far to acquire knowledge of cryptocurrency, which it has helped many cryptocurrency users to became a professional in the community because they learn from other users mistakes to avoid such mistakes in the community. As a newbies, do everything possible within your capacity to focus on experience so that it will not be difficult for you to grow financially or mentally in the environment, because the more you learn from the forum and other social media the more you stand in a good chance to move to another next level that will change your story. You can overcome any difficulty that is making you to struggle to improve in the community, if only you can apply experience to know how users overcame such difficulty in the past.

[Publictalk792]

It is important to remember that theory is just one part of the process putting it into practice and gaining experience through trial and error will help you understand it better. Experienced traders know to manage their risks buy and sell wisely and hodl. Keep learning start small and grow your experience level to make good decision. And if you jump with a huge amount with out experience so definitely you will face a loss.

[Jegileman]

No matter the amount of information you receive on this forum, if you don't practice and work on having a first-hand experience, you won't understand much.

Experience is key in everything we do and it plays a huge role in determining how successful we will become in that field.

Experienced traders know when to buy when to sell, and when to hodl. They also know how to manage any fluctuation in the market, This helps them to minimize losses and guides them to take reasonable risk.

Experience is the best teacher and it doesn’t matter how much experience you have, you should never stop learning because new things are coming out everyday and if you don’t have a grasp and basics understanding of them, the market will always turn against you as though you’re not an experienced person in the market. Continous learning is the key, not just experience and being lazy to take on new challenges that are evolving everyday.

As you choose either to trade, mine, or do what works best for you, don't forget to learn the fundamentals and apply them correctly. also learn how to start small and gradually, you learn on the job and with time your experience level should have grown and you can now start making a reasonably calculated risk.

Making a reasonable and calculated risk is very important in the bitcoin space. If you decide to take on the market at a go just the way it comes for you, you might end up taking a step that will backfire and the loss will become imminent and unbearable to take. Risk should be calculative and the one that will be bearable to take also, having experience is not all. Knowing when and how to take the next step in the market is also important.

[Promocodeudo]

This very practical in all aspect of life, experience what we need to have in other to handle a situation, this is why in most places you seek for either employment or any stuff you are been asked about the experience you have had in such field before you are been considered, when you get a piece of information without utilizing in like field, in some case you might forget it and this makes such information useless.

In the aspect of trading experience plays a major role, you can never compare a novice in trading and an experience trader, experience trader knows when to strike despite that sometimes it doesn't work as planned but it works more than the time it fails but when it comes to an uninformed trader the case is different.

[JunaidAzizi]

Yeah.. Practicing what one learn is the best way to success. Experience is key and if you dont practice what you have learn, then they are useless. Thats why teachers give students assignments or homework to do.

Experience comes when you have to do something practically or go through it. But bro here the OP talking about the experience related to trading and you may be taking it wrong and linking it to the School. Well, that is also what we call experience and I think you got this from the post. Look experience is a tool that makes a person stronger and stronger. You will notice many people who have more expertise in a respective field, it does not mean that it is in his or her genes but of course from the experience. The experienced person is always dominant on the theoretical one because he is the one who goes through it physically many times.

[Shamm]

No matter the amount of information you receive on this forum, if you don't practice and work on having a first-hand experience, you won't understand much.

Experience is key in everything we do and it plays a huge role in determining how successful we will become in that field.

Experienced traders know when to buy when to sell, and when to hodl. They also know how to manage any fluctuation in the market, This helps them to minimize losses and guides them to take reasonable risk.

As you choose either to trade, mine, or do what works best for you, don't forget to learn the fundamentals and apply them correctly. also learn how to start small and gradually, you learn on the job and with time your experience level should have grown and you can now start making a reasonably calculated risk.

Everyone of us here didn't know all things in this forum but we learn through conversation and reading the topics we want to learn. Like in bitcoins if we read an topics how to buy bitcoins then for sure we have hint  if when we buy or sell but if we don't have knowledge cause we didn't read some useful topics then it would lead us to loss. Cause there s chance that when the price is too high then we buy and in the end of the day the price is getting low. So it's very important how reading is.

[Sanitough]

No matter the amount of information you receive on this forum, if you don't practice and work on having a first-hand experience, you won't understand much...

Of course, theoretical knowledge that is not backed up by practice will not be able to provide you with a complete understanding of how the crypto market works. And only practical exercises will help us gain experience that will allow us to make a profit in the future.

They say, we learned fast by putting it into action. Experience is certainly the best key to be successful in all life’s endeavors. Not only in trading, but in all aspects of our life that needs more practical application rather than just staying on theoretical knowledge that you have obtained.

In trading, being highly knowledgeable is required so you will know how to time the market. But as much as knowledge is essential, building your skills through constant practice and demonstration is also crucial. If you trade without skills, it’s like you are trading like gambling. You know you are good but you will never beat the house advantage.