Making informed decisions is our responsibility

[Troytech]

One thign I am sure that we cannot neglect as crypto enthusiast is the our need to continually be informed and make good decisions, to be a part of a fast growing and information based space like ours(crypto space) does come with a responsibility that all of us must bear for ourselves and that is to seek knowledge.

As members of this community, relying on our past information would be very shortsighted of us especially when
Scammers are continually looking for new ways to compromise our security and get to us, sudden news can happen that can throw traders off balance or even make us holders to miss out on opportunities to buy cause we were ill informed. Just one wrong move, like clicking on a malicious link or ignoring critical news, can have very negative consequences. Also, the right information can lead to significant gains or safeguard your holdings.

It Is important and for our own good that we dopt a culture of continuous learning and upgrading our selves, by staying informed we would not only protect ourselves, but also increase our chances of success, there are countless reasons why making informed decision is good, but action on this solely is our responsibility and only we can make those decisions for ourselves, yes indeed the community is here to help you, but at times before you know it your already and victim. knowledge is power, and it's up to us to harness it for our benefit.

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[Stalker22]

You make a fair point...  Knowledge is important, but this crypto landscape shifts quicker than a jackrabbit on caffeine and  trying to know it all can have your head spinning in circles.  Rather than aspiring to be a walking textbook, I think you should prioritize cultivating core critical thinking skills. They will serve as your foundation. 

Think of it like constructing a house: logical reasoning provides the resilient framework while factoids are the bricks slotted in later.  Sure, scammers are crafty, but sound logic helps sniff out fishiness.  Steer clear of questionable links, vet info thoroughly before acting and be wary of too-good-to-be-true opportunities.  Getting rich quick often leads to losing money quicker.

With sharp critical thinking guiding you, the intricate details of crypto become less urgent.  Absorb knowledge steadily, but dont overwhelm yourself.  Having an inquisitive yet reasonable mindset helps cut through the clutter in this breakneck digital world.

[Churchillvv]

Information in is power just as they say so that fact can't never be neglected. reading of valid articles, books and other readable is very important in ones life not just for those of us in the crypto space.
Long time ago I read about the habits of the rich and I found out that reading is also part of their biggest activities. Another I saw too was the saying that the level of information you have determines the level of your success although it might be wrong from other perspectives but it's all connecting. we got to stay informed in the crypto space and that's why this forum was created to keep the crypto enthusiast informed always.

Mind you the right information is the core objective not just anyhow information.

[Saint-loup]

Cryptos shouldn't be like that. Because it means, people oustide of new technologies shouldn't use cryptos. And they will always stay reserved to a few part of the humanity unlike most progress. This is not acceptable, because it's not the goal of Bitcoin and cryptocurrencies. So we should find solutions to allow anybody to use cryptocurrencies without fear, if they need to. Technology must adapt to humans and not the other way around.

[Dunamisx]

It Is important and for our own good that we dopt a culture of continuous learning and upgrading our selves, by staying informed we would not only protect ourselves, but also increase our chances of success,

We need information because it's the key to knowledge and power, when we are aware about something, we will do as according to how such will help be of a benefit unto us than we see if we are clueless about them, we have to see more information from time to time, this is not a way time request we do, we are expected to always remain being updated because things we knew before could have changed over time.

[Rruchi man]

One thign I am sure that we cannot neglect as crypto enthusiast is the our need to continually be informed and make good decisions, to be a part of a fast growing and information based space like ours(crypto space) does come with a responsibility that all of us must bear for ourselves and that is to seek knowledge.

Knowledge is constantly being refined, new research will reveal that some knowledge we have are becoming obsolete, and there is a need to stay informed. Failure to stay informed puts you at risk of making decisions based on old knowledge and information, and that makes you more prone to making wrong decisions.

This forum helps a bit with providing up to date information, it is now your responsibility to make sure you are a reader. 

Then as a forum member, do not only depend on the forum for information, be actively engaged in other channels, podcast, etc that always have new and current information on cryptocurrency and bitcoin, so you are always fresh with knowledge.

[CryptopreneurBrainboss]

It Is important and for our own good that we dopt a culture of continuous learning and upgrading our selves, by staying informed we would not only protect ourselves, but also increase our chances of success, there are countless reasons why making informed decision is good, but action on this solely is our responsibility and only we can make those decisions for ourselves, yes indeed the community is here to help you, but at times before you know it your already and victim. knowledge is power, and it's up to us to harness it for our benefit.

Being on the forum puts us at an advantage over other users in the crypto system that aren't here. You get first hand information on the forum that'll help you to make informed decisions. Nothing is left out when discussing on the forum. You get both the pros and cons of any information that you need which will later help you in your decision making. We're in an industry that needs us to be constantly up to date or we'll fall prey to scammers that'll use our ignorance to defraud us.

We're responsible for our finances in this industry so we ought to be informed always on new developments to help protect ourselves from scams. Scammers aren't resting, they're always looking for new ways to defraud their victim so we ought to be alert and use the later security measures to protect ourselves.

[teamsherry]

Cryptos shouldn't be like that. Because it means, people oustide of new technologies shouldn't use cryptos. And they will always stay reserved to a few part of the humanity unlike most progress. This is not acceptable, because it's not the goal of Bitcoin and cryptocurrencies. So we should find solutions to allow anybody to use cryptocurrencies without fear, if they need to. Technology must adapt to humans and not the other way around.

What you said is true in one sense—that technology should better adapt to human behavior. However, in the current state of cryptocurrency, I don't think much technology has begun to be built with this in mind. Nevertheless, knowledge will always have a place in society because it is only through learning that we can develop as individuals and take on new responsibilities. As for scammers, we can't hold developers responsible for their inventiveness because, in my opinion, what one man creates, another man can destroy.

A place of Learning must be amongst us as crypto enthusiast, and it has always been that man seek knowledge and new creation and not vice versa.

[MegameSama]

One thign I am sure that we cannot neglect as crypto enthusiast is the our need to continually be informed and make good decisions~~~snip~~

Yes of course, information is the most important thing in the crypto world, with the wrong information or little knowledge we will fall into the pit of hell, our wallet could be drained, or trading can lose profits. Correct and not misleading information is the key to success in the crypto world.

As members of this community, relying on our past information would be very shortsighted of us especially when
Scammers are continually looking for new ways to compromise our security and get to us, ..~~snip~~

The bitter reality is that scammers are always one step above us, if we can overcome this scam method, they have other ways to rob us of our money. Having a sense of extraordinary caution is an important asset for us to be in this world.

It Is important and for our own good that we dopt a culture of continuous learning and upgrading our selves,...~~snip~~

I really agree with this point, the key is to always upgrade your knowledge about cyber security.

[Saint-loup]

What you said is true in one sense—that technology should better adapt to human behavior. However, in the current state of cryptocurrency, I don't think much technology has begun to be built with this in mind. Nevertheless, knowledge will always have a place in society because it is only through learning that we can develop as individuals and take on new responsibilities. As for scammers, we can't hold developers responsible for their inventiveness because, in my opinion, what one man creates, another man can destroy.

A place of Learning must be amongst us as crypto enthusiast, and it has always been that man seek knowledge and new creation and not vice versa.

I agree with you, learning is always a good thing, it helps to be happy and to improve yourself. But it shouldn't be mandatory for something people need to use in their daily life. And above all it shouldn't be dangerous for yourself to not knowing it. Or regulators should restrict its use to protect people, sadly. For example, for driving a car you need a licence, because it's dangerous to use a car without knowing how to use it. 

[Medusah]

Staying informed is no longer sufficient.  Information is everywhere on the Internet.  What matters today is to filter information, but not only that.  You need to be careful as to what information you're even allowing your attention.  The ability to focus your attention is what's valuable. 

[boyptc]

That is true, as they say, learning is continuous and that makes us being informed not just with the basic information that we need to know but also with the current things that are happening.

For example, in the current crypto cycles and community. We have an idea on where we are right now and this should give each and everyone of us on how to react with the situation.

Because if you're informed and knowledgeable, if a huge correction happens, you'll not panic. And as for the scamming tactics, you're not the ideal target of them.

[Troytech]

Staying informed is no longer sufficient.  Information is everywhere on the Internet.  What matters today is to filter information, but not only that.  You need to be careful as to what information you're even allowing your attention.  The ability to focus your attention is what's valuable. 

Lots of shits on the Internet that can end up doing more harm than good, and most of all we can't unlearn some stuff. Better we do some real filter. But we must still find means to get good information for ourselves, else we would still be victims of ignorance.

[Assface16678]

Staying informed is no longer sufficient.  Information is everywhere on the Internet.  What matters today is to filter information, but not only that.  You need to be careful as to what information you're even allowing your attention.  The ability to focus your attention is what's valuable. 

Lots of shits on the Internet that can end up doing more harm than good, and most of all we can't unlearn some stuff. Better we do some real filter. But we must still find means to get good information for ourselves, else we would still be victims of ignorance.

Relying on the internet for stuff can be risky and dangerous because they can never know if what they are following is right or not, or it can lead them down the wrong path. For example, in crypto currency, there is a lot of information, blogs, and videos on the internet discussing crypo or bitcoin, but people notice that the information they are giving is lacking, and if newbies read or watch it, they might follow it, but the thing is, what they have learned on the internet is not enough. Yes, the internet could help us if we are resourceful, but for content creators or information providers about bitcoin or any cryptocurrency, you should be responsible about what you state in your content because that's what the listeners, watchers, and readers follow. So if you give wrong or lacking information, it may affect them in a bad way, and if those wannabe influencers stop it, you are ruining people's lives.

[Mrbluntzy]

There is one statement my economic lecturer made one day in class, he said that, "when you are dealing with money and investment, be very vigilant and always keep your self updated with current news related to your investment.„ I don't always let that statement to run off my mind after I joined the crypto industry because I no that I will be needing such statement as a guid too. Before making as decision about investing in crypto, make sure you are not missing any information that will help you. Wrong decision can lead to zero profit and a big loses and there is no investor that doesn't want profit from their investment.

[Renampun]

...

It Is important and for our own good that we dopt a culture of continuous learning and upgrading our selves, by staying informed we would not only protect ourselves, but also increase our chances of success, there are countless reasons why making informed decision is good, but action on this solely is our responsibility and only we can make those decisions for ourselves, yes indeed the community is here to help you, but at times before you know it your already and victim. knowledge is power, and it's up to us to harness it for our benefit.

knowledge is the most important thing in this life, without knowledge we cannot protect ourselves from the outside world, every day we continue to see many people being deceived in the internet world and everything happens not only because they do not have adequate knowledge but also because of greed piled up on them.
In the crypto world itself, there are many frauds that occur, such as exchanges that deceive users, tokens or crypto assets that end up with zero value, personal wallets that are stolen and so on, for this reason knowledge is important for anyone, especially those who really have the intention investing in crypto.

[Julien_Olynpic]

There is knowledge that changes little over time. These are exactly the logical things that will always be relevant. There are also laws that will most likely always be relevant. These are well-known laws that make it possible to combat phishing, deception of investors by scammers, or hacking based on software with backdoors.
      But of course we must constantly be aware of new technologies. Now, for example, there is a boom in L2 solutions. L-3 solutions are also appearing. New technologies for storing data outside the main distributed network are constantly emerging. The MINA project presented a solution to how we can effectively compress the blockchain. I expect that many of these innovations will migrate to Bitcoin over time. I also follow the development of Taproot technology.

[OcTradism]

As members of this community, relying on our past information would be very shortsighted of us especially when
Scammers are continually looking for new ways to compromise our security and get to us

You are over estimating scammers. They are scammers and can use many tools to scam people who don't have knowledge, experience or just to naive. However scammers use same strategies from time to time and they only use different tools to execute similar scam strategies.

Like Ponzi existed many decades ago and now scammers use cryptocurrencies as one of tools to run their Ponzi.

Security, privacy, scam, if you are careful, are not greedy, you will not be scammed. If you are careless, greedy, any advice is non sense for you.

Security and Privacy Encylopedia.

[pinggoki]

Cryptos shouldn't be like that. Because it means, people oustide of new technologies shouldn't use cryptos. And they will always stay reserved to a few part of the humanity unlike most progress. This is not acceptable, because it's not the goal of Bitcoin and cryptocurrencies. So we should find solutions to allow anybody to use cryptocurrencies without fear, if they need to. Technology must adapt to humans and not the other way around.

I think it should be like that, informed decision means that you've weighed out all the possibilities out there and that you already got what you need to enable a smart exploration into something, these people that you call outsiders that are reserved aren't really reserved if they're informed at how to approach crypto and if they're not then they're more like xenophobic meaning that they fear the unknown and don't like the idea that they're going to be experiencing something new, as much as there's risk in knowing about crypto, sometimes the evidences provided and the information that you've taken should be enough to make you go in anyway. A lot of the safe cryptocurrencies out there already have a pretty simple design and UI/UX so I don't see how finding a more easier way would make things go smoothly for these people that fears to get into crypto, I don't think that the ease of use is the issue with these types of people.

[jasonjm]

I think making informed decisions is the need of the hour. The World is rapidly changing, and with every passing second, new information is being added to the internet/ repository. Crypto users, as well as other investors, need to get in touch with the latest available information. With information comes knowledge and wisdom. Making informed decisions will help you reduce the risk of losing money and increase your chances of earning a good profit. For example, If you have information about an upcoming crypto project and know that a related technology is already in use. You should not invest your money into that project because, in the end, the project won't work, and investors will lose their money.