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Author Topic: Why knowledge alone is not enough in crypto.  (Read 788 times)
Fiasem20
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February 01, 2025, 11:52:50 PM
 #61

Before we start anything,it's essential to gain knowledge about it.While taking action is important,we shouldn't neglect the importance of learning and understanding what we're doing.Many folks are scammed today because they refused to learn and understand the basics of Bitcoin.Learn more,carry out your own research, don't be deceived by anyone, knowledge is very crucial.Don't ever think any knowledge you've acquired is a waste,you can't tell how effective that knowledge you've acquired could be useful in the future.Apart from investing and earning from signature campaigns, there are other ways you can earn from your knowledge on crypto.Have'nt you attended a seminar where people are educated about cryptocurrency?do you think those persons aren't paid for creating awareness to the public?

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February 02, 2025, 05:58:52 AM
 #62

~~~
This is related to losing money and this is the most dominant condition that occurs when someone always fails in trading even though they are experienced, let's say 1 year of trading has been done. But if done carefully and with full calculation, I think there are still better opportunities in the future as long as you are patient and not emotional.
When talking about knowledge, of course it cannot be separated from our own efforts in finding it through more things including asking people who are experienced in certain fields as you said (trading). Everyone does not have to blame certain circumstances or conditions when they themselves still really need knowledge in order not to get lost on the wrong path. So when there is a loss or mistake that may have caused us to lose, of course we ourselves must have the intention to fix it by studying harder and not being ashamed to ask people who are already smart enough in some things.

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February 02, 2025, 06:31:11 AM
 #63

When talking about knowledge, of course it cannot be separated from our own efforts in finding it through more things including asking people who are experienced in certain fields as you said (trading). Everyone does not have to blame certain circumstances or conditions when they themselves still really need knowledge in order not to get lost on the wrong path. So when there is a loss or mistake that may have caused us to lose, of course we ourselves must have the intention to fix it by studying harder and not being ashamed to ask people who are already smart enough in some things.
Searching for finding information, resources for learning is very key for success of your learning progress.

You can use search with forum tool, Google search engine, or more modern tools like AI with ChatGPT. But these searching tools only give you basic resources, and you have to check them, and make sure that you are learning from a good and accurate resources.

With Bitcoin, some best websites and resources for learning are here, and I am proudly introducing them to you and any newbie want to learn.
Learn me a Bitcoin for beginners.
Bitcoin information and resources.
Bitcoin.org' Resources on useful websites and resources about Bitcoin.
Awesome Bitcoin.

R


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February 02, 2025, 08:18:47 PM
 #64

Before we start anything,it's essential to gain knowledge about it.While taking action is important,we shouldn't neglect the importance of learning and understanding what we're doing.Many folks are scammed today because they refused to learn and understand the basics of Bitcoin.Learn more,carry out your own research, don't be deceived by anyone, knowledge is very crucial.Don't ever think any knowledge you've acquired is a waste,you can't tell how effective that knowledge you've acquired could be useful in the future.Apart from investing and earning from signature campaigns, there are other ways you can earn from your knowledge on crypto.Have'nt you attended a seminar where people are educated about cryptocurrency?do you think those persons aren't paid for creating awareness to the public?
Having knowledge is very important in anything we are doing but also it wouldn't make any sense when you  know how to make money from the crypto market and you don't have the money to buy coin that will make profits for you. Crypto is all about investing to make money from the market. When you don't have the money but you know what to do to make money from the crypto market, the best thing to do is to start creating signals selling to crypto investors that will need it. From there anyone can make money that will be sufficient to buy some crypto holdings. Everything about investing and making money is all about common sense.

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February 03, 2025, 10:12:57 PM
 #65

Reason why you shouldn't depend alone on crypto knowledge
                                                                  
                                  
1 Crypto knowledge will not make you rich without investing funds or grow your account to join signature campaign to be earning crypto that will make you rich.

2In case the price of crypto is not increasing the way you want it, and you have emergency issues that need funds to solve immediately,  you can sell other things like goats, sheep or farm crops to solve the issues and leave your crypto for future use.
That’s just the fact about the crypto aspects no matter how much knowledge a person get about the crypto, it will never make him rich the best thing he/she who is into cryptocurrencies aspect should do and favor him is for him to invest part of what its gain so far in the crypto; proverb prove that one yam cannot make an forest.

That’s why is good to have another success of income, but the problem why some of the people’s are always enter big problem is that; imagine some people can make an crypto investment instead of them over look it and leave the coin for the long time period but they will be scared.

R


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February 03, 2025, 11:20:38 PM
Merited by Proty (4)
 #66

Greetings my fellow Bitcointalk members and happy Sunday to you all, I brought this topic to advice newbies not to depend alone on crypto knowledge, because there are some people that have the knowledge of crypto but they are still struggle to earn income from crypto, I'm not against the knowledge of crypto, but try to have funds or source of income along side with the crypto knowledge, so that it will be easy for you to grow incomes that will change your life positively in your environment, because the reason why some people are going into a particular forum to achieve knowledge is for them to become great in real life, look for a good job or have something doing that will will be helping you to get some funds you can use to buy crypto if you wish and hold for long term, because that is what will allow the knowledge to generate wealth
  
  Reason why you shouldn't depend alone on crypto knowledge
                                                                  
                                  
1 Crypto knowledge will not make you rich without investing funds or grow your account to join signature campaign to be earning crypto that will make you rich.

2In case the price of crypto is not increasing the way you want it, and you have emergency issues that need funds to solve immediately,  you can sell other things like goats, sheep or farm crops to solve the issues and leave your crypto for future use.

3In case you lose your seeds phrase or you fall victim to scammers, it will not be the end of your life, we don't pray for bad thing to happen to us, but sometimes we do some mistakes that will make us to fall victim to those things in real life, but if you have other investments, it will make the person not to lose hope in life. Do you think those advices are good for newbies to embrace?
At first I disagreed with the subject of this post but I had to give it a second thought when I saw that your post is for the newbies alone, no veteran in the crypto space will have knowledge about crypto and not know how to earn from it. However, I disagree with your number one reason why knowledge isn't enough to grow our account to join signature campaigns, knowledge of crypto is enough for us newbies to thrive in this forum if we really want to succeed in this space. As a matter of fact knowledge is all we need to grow here and join any campaign before we even think of investing. Knowledge is power and key.



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February 04, 2025, 08:57:52 PM
 #67

Having knowledge is very important in anything we are doing but also it wouldn't make any sense when you  know how to make money from the crypto market and you don't have the money to buy coin that will make profits for you. Crypto is all about investing to make money from the market. When you don't have the money but you know what to do to make money from the crypto market, the best thing to do is to start creating signals selling to crypto investors that will need it. From there anyone can make money that will be sufficient to buy some crypto holdings. Everything about investing and making money is all about common sense.

Knowledge is like what you we need to continue before you start every one will tell you to do your own research on bitcoin and there is no way that you will be doing well when you don't even know the basics and the right steps to take but another important thing is now money when you don't have money you will find it very hard to navigate because the whole every about bitcoin will depend on the knowledge you have but another thing is that you also have to have your money ready for the investment because there is no way you want to invest and you don't have money.

You can not use the knowledge to invest what you will use is money but the two is what will give you the out come you want depending on how you actually want to do it and when you want to sell signals you have to make sure that what you are given out people are actually benefiting from it, if not they might even say that you are scamming people so when it comes to things like this we have to be very careful.











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Bryan jessy
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February 05, 2025, 08:46:32 AM
 #68

No knowledge is a waste, it all depends on how you apply
it in every circumstance.

Learning never ends, we learn new things everyday, just 
the same way we see new things everyday too, but the
knowledge help one to conquer it all.
Umulala-alala
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February 05, 2025, 01:21:31 PM
 #69

Greetings my fellow Bitcointalk members and happy Sunday to you all, I brought this topic to advice newbies not to depend alone on crypto knowledge, because there are some people that have the knowledge of crypto but they are still struggle to earn income from crypto, I'm not against the knowledge of crypto, but try to have funds or source of income along side with the crypto knowledge, so that it will be easy for you to grow incomes that will change your life positively in your environment, because the reason why some people are going into a particular forum to achieve knowledge is for them to become great in real life, look for a good job or have something doing that will will be helping you to get some funds you can use to buy crypto if you wish and hold for long term, because that is what will allow the knowledge to generate wealth
  
  Reason why you shouldn't depend alone on crypto knowledge
                                                                  
                                  
1 Crypto knowledge will not make you rich without investing funds or grow your account to join signature campaign to be earning crypto that will make you rich.

2In case the price of crypto is not increasing the way you want it, and you have emergency issues that need funds to solve immediately,  you can sell other things like goats, sheep or farm crops to solve the issues and leave your crypto for future use.

3In case you lose your seeds phrase or you fall victim to scammers, it will not be the end of your life, we don't pray for bad thing to happen to us, but sometimes we do some mistakes that will make us to fall victim to those things in real life, but if you have other investments, it will make the person not to lose hope in life. Do you think those advices are good for newbies to embrace?
You are right even if it is business you still need money to grow the business thesame thing goes to bitcoin investment also you need money to grow your bitcoin investment because it is with this money you will be using to buy bitcoin so if there is no money to keep buying bitcoin you may sell the ones you have bought to survive so I think we should buy with money we no longer need for a very long time so I believe we need to have source of income despite having crypto or bitcoin knowledge.

SiliconHat
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February 08, 2025, 10:14:08 AM
 #70

Greetings my fellow Bitcointalk members and happy Sunday to you all, I brought this topic to advice newbies not to depend alone on crypto knowledge, because there are some people that have the knowledge of crypto but they are still struggle to earn income from crypto, I'm not against the knowledge of crypto, but try to have funds or source of income along side with the crypto knowledge, so that it will be easy for you to grow incomes that will change your life positively in your environment, because the reason why some people are going into a particular forum to achieve knowledge is for them to become great in real life, look for a good job or have something doing that will will be helping you to get some funds you can use to buy crypto if you wish and hold for long term, because that is what will allow the knowledge to generate wealth
  
  Reason why you shouldn't depend alone on crypto knowledge
                                                                  
                                  
1 Crypto knowledge will not make you rich without investing funds or grow your account to join signature campaign to be earning crypto that will make you rich.

2In case the price of crypto is not increasing the way you want it, and you have emergency issues that need funds to solve immediately,  you can sell other things like goats, sheep or farm crops to solve the issues and leave your crypto for future use.

3In case you lose your seeds phrase or you fall victim to scammers, it will not be the end of your life, we don't pray for bad thing to happen to us, but sometimes we do some mistakes that will make us to fall victim to those things in real life, but if you have other investments, it will make the person not to lose hope in life. Do you think those advices are good for newbies to embrace?

I agree no knowledge is wasted and there’s a saying that “experience is the best teacher”. Without experience and action the knowledge gained might be useless. I remember when I started trading myself I was so confident after taking some classes and watching several youtube videos but little mistakes costed me a lot but i improved alot after several trial and errors.
kasablings
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February 11, 2025, 12:16:52 AM
 #71

To my opinion there's no thing you go into without having knowledge to go about it.for crypto without having knowledge about it you are no where to be found. Knowledge is not enough bit knowledge is the key.
DubemIfedigbo001
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February 11, 2025, 06:42:30 AM
 #72

No knowledge is a waste. How useful and resourceful knowledge can be to you is based on how you treat it. Aside from earning through buying and holding bitcoin and other crypto, some people have full-time jobs working based on the experience and idea they have in crypto; it pays their bills fully by working with big crypto firms.
I'm my own understanding, OP is particular on practical knowledge, and frankly speaking, having only theoretical knowledge on crypto wouldn't get you anywhere or anything, you've to get involved practically, use some of the tools and get some experiences by yourself.

The level of experience you've in a specific field decides your value. You're not into crypto if you've not used wallets, traded coins(not necessarily being a trader, perhaps bought and sold), transferred across wallets and met some constraints which you solved to get more experienced, tried some new concepts like lightening network, RBF and so on. These practical involvements would increase your learning potential and further increase your employment potential in crypto related firms and environments.

 
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Judith87403
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February 12, 2025, 05:55:01 PM
 #73

No knowledge is a waste. How useful and resourceful knowledge can be to you is based on how you treat it. Aside from earning through buying and holding bitcoin and other crypto, some people have full-time jobs working based on the experience and idea they have in crypto; it pays their bills fully by working with big crypto firms.
I'm my own understanding, OP is particular on practical knowledge, and frankly speaking, having only theoretical knowledge on crypto wouldn't get you anywhere or anything, you've to get involved practically, use some of the tools and get some experiences by yourself.

The level of experience you've in a specific field decides your value. You're not into crypto if you've not used wallets, traded coins(not necessarily being a trader, perhaps bought and sold), transferred across wallets and met some constraints which you solved to get more experienced, tried some new concepts like lightening network, RBF and so on. These practical involvements would increase your learning potential and further increase your employment potential in crypto related firms and environments.

Just as it is been Said that theory is a statement of fact that is acceptable when there's an experimental evidence to support it, is just almost the same thing with when you're learning to acquire the knowledge about how  crypto investment works. let's take for instance you have gotten all the whole knowledge that is required, at this point it becomes a theory. without you making an experiment that means you have not yet proven the knowledge you acquire about crypto investment.

And this can also affect you probably when you try to get someone to invest in bitcoin, reason been that most people can request for prove from you. Of course you know sometimes we don't always believe in theory, we also need to have some experimental evidence to support it. Because without that it will be very hard to convince someone to go into crypto investment.

Nwada001
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February 12, 2025, 10:46:01 PM
 #74

To my opinion there's no thing you go into without having knowledge to go about it.for crypto without having knowledge about it you are no where to be found. Knowledge is not enough bit knowledge is the key.
Having knowledge about what you want is important if you are privileged enough to get that knowledge even before going into that thing you want; it appears to be an added advantage. I'm not talking about knowledge you get only by reading about that thing. I'm talking about the practical knowledge that comes with practicing and experiencing that thing that you want to go into.

 
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REWARDS
 
............VIP............
PROGRAM
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