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Author Topic: The Power of knowledge.  (Read 1070 times)
SuperBitMan
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February 11, 2025, 09:13:58 AM
Merited by fillippone (1)
 #41

I know alot of new beginners we want to conquer what I'm about to say,but that's the truth,is not all about I want to do crypto,give me capital,I we become rich over night all this statement are nothing without proper knowledge of the crypto market, is nonsense.i say and I qote if you want to help a person for a day give them crypto,if you want to help a person for a life time teach them crypto.new beginners should just forget about those coaches online,saying just follow my signal, what if the coach die or something happens to the coach,that means you are left at the middle of no where,so my dear go for knowledge if you know you know there is no doubt about it.
Indeed knowledge is the most important thing in this crypto space, because normally as a newbie that really wants to invest in Bitcoin without having the proper knowledge and patience, one would just ended up gaining nothing. So it's essential for every new beginner to acquire the basic knowledge first before thinking of venturing into Bitcoin investment. because that's what would go help you hold for a long period of time, what so many newbies are surfering today in Bitcoin investment is a result of not doing the proper research before joining. they always have this feeling that Bitcoin is a get rich quick scheme without realizing the risks involved.

You are very correct, knowledge is very important when it comes to bitcoin investment, the reason why a lot of people has made big mistakes in there Bitcoin investment is because they did not have the proper knowledge of Bitcoin investment, some people sell there Bitcoin when ever there's a dip and the reason why they do that is because they don't understand that dip in Bitcoin has been happening since the creation of Bitcoin and when dip happens it will still rise and dip is just an opportunity for investors to accumulate more Bitcoin with less price.
When you want to start Bitcoin investment as a newbie first you need to have the basic knowledge which are knowing how to create a Bitcoin wallet and keeping your password safe and then knowing how to accumulate and hold, after knowing this basic things and you start accumulating it is also important to expand your knowledge more about Bitcoin in other to know a more better strategy of Accumulation, as a Bitcoin investor it is also important you know the history of Bitcoin and it's growth, knowledge they say is power, so it is very important we have knowledge about Bitcoin.


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RockBell
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February 11, 2025, 04:59:22 PM
 #42

You are very correct, knowledge is very important when it comes to bitcoin investment, the reason why a lot of people has made big mistakes in there Bitcoin investment is because they did not have the proper knowledge of Bitcoin investment, some people sell there Bitcoin when ever there's a dip and the reason why they do that is because they don't understand that dip in Bitcoin has been happening since the creation of Bitcoin and when dip happens it will still rise and dip is just an opportunity for investors to accumulate more Bitcoin with less price.
When you want to start Bitcoin investment as a newbie first you need to have the basic knowledge which are knowing how to create a Bitcoin wallet and keeping your password safe and then knowing how to accumulate and hold, after knowing this basic things and you start accumulating it is also important to expand your knowledge more about Bitcoin in other to know a more better strategy of Accumulation, as a Bitcoin investor it is also important you know the history of Bitcoin and it's growth, knowledge they say is power, so it is very important we have knowledge about Bitcoin.

When you have knowledge, you'll be able to succeed in different aspects and that is why if you look at those that are into bitcoin investment and what ever the investment might knowledge is very important and you don't need to, and selling your bitcoin when the price is dip is not a good idea and so some people are just to difficult because why would you be selling your assets just because you don't longer have patience and that is bad business because you won't make any  profit?

And that is why we should take knowledge very seriously when we are about to do any investment because we don't knowledge that is going to be a lot of default so we have to be very mindful of what we digest when it comes to knowledge about our investment. People don't take investment seriously, but on the other side, your investment is one of the things I've saved a lot of people from poverty, especially bitcoin, when you choose to invest in bitcoin, you will be able to make money when you have patience.

alastantiger
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February 11, 2025, 07:35:47 PM
 #43

I know alot of new beginners we want to conquer what I'm about to say,but that's the truth,is not all about I want to do crypto,give me capital,I we become rich over night all this statement are nothing without proper knowledge of the crypto market, is nonsense.i say and I qote if you want to help a person for a day give them crypto,if you want to help a person for a life time teach them crypto.new beginners should just forget about those coaches online,saying just follow my signal, what if the coach die or something happens to the coach,that means you are left at the middle of no where,so my dear go for knowledge if you know you know there is no doubt about it.

Some people means it when they're saying you should give them money and they'll be rich but it's not going to be over night but they'll be rich as they know what to do with the money and that's when knowledge is very important because it's because of the knowledge that they already have to accumulate Bitcoin instead of using the money to buy other cryptocurrency that won't be worth anything in few years time. Having money for investing is Bitcoin is going to be a guarantee way of marking more money and also saving your wealth because Bitcoin investing has never disappoint anyone that have done it. To make money in the market, you'll need to have some knowledge on how the market operates as you can't be blinded and still expect to make money.

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GbitG
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February 11, 2025, 10:22:57 PM
 #44

......
If you want to be a good trader/investor, you better don’t depend on other people’s trading signals. Most of them are scammers anyway.


Hmmm, this points make some sense!!!!
Joining a signal group or hiring a mentor for trading is very foolish. I have often seen that there are scammers in these single groups, the purpose of these people is only to rob people by attracting them through fake snaps.

In Crypto industry, we should not depend on anyone, it is a volatile market, and no one can give 100% accurate measurements. It's work on just a speculation. So it is better for them to learn knowledge by using it, get experience and trade/invest by yourself. The advantage in this will be that you will be protected from scammers, and you will be motivated to work on your own. After experiencing it two or three times, you will know what steps are necessary to become a trader/investor.

Swapter.io
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February 12, 2025, 01:54:07 AM
 #45

If a person truly wants to understand the crypto market and start making money from it, it would be quite foolish on their part to just listen to someone and do the same. This is only useful in the initial (introductory) stages in the world of crypto, but after that, one should gradually start figuring things out on their own, conducting analyses, making mistakes, and learning what works and what doesn’t. I believe this is the only way to truly learn how to work with crypto, not just sitting and listening to someone, as such an approach will lead to nothing good.
Jegileman
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February 12, 2025, 05:38:42 PM
Merited by fillippone (1)
 #46

I know alot of new beginners we want to conquer what I'm about to say,but that's the truth,is not all about I want to do crypto,give me capital,I we become rich over night all this statement are nothing without proper knowledge of the crypto market, is nonsense.i say and I qote if you want to help a person for a day give them crypto,if you want to help a person for a life time teach them crypto.

I say again also that it is better to teach you how to catch fish than to give you fish to eat. This is the same statement as teaching someone how to trade crypto than giving someone crypto as a gift.
Crypto is a big game changer as far as the financial markets is concerned. Getting rich overnight in crypto is just a mere talk that is use to persuade people to join cryptocurrency but that’s not how it truly depicts.

Quote
new beginners should just forget about those coaches online,saying just follow my signal, what if the coach die or something happens to the coach,that means you are left at the middle of no where,so my dear go for knowledge if you know you know there is no doubt about it.

Going for knowledge is the best thing every intending trader should focus on. Having your own knowledge is the best thing you can ever think of when it comes to trading, focusing too much on your Boss steps and signals will only kill your morale to learn and become better yourself. Trading is not easy but when you have the knowledge yourself, it becomes easier and you’ll forever be profitable.











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Zackz5000
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February 13, 2025, 07:36:13 AM
 #47

Acquiring sufficient amount of knowledge is a must do before you try to enter the market. Invest in yourself first before going in a real risky investment. That will be your weapon not to fall against scams, and that will be your asset so you won't be investing at a loss, but make sure profits are waiting ahead. And lastly, turn your crypto knowledge into skills, and that's where passive income starts.
No you are wrong it's never a must that you must have all knowledge regarding bitcoin investment before going into it and I don't think there is a way you can lean all, the right thing to do is to get started if you have the basic knowledge and also your discretionary income is readily available then along the line you are find out more about bitcoin investment it will even then be easier for you to to understand more because you into the market already.

Waiting to get all knowledge might lead to procastination you one may end up not starting bitcoin investment again or money kept for accumulating Bitcoin might be used up for another thing that's why it is important to get started first if you just have basic knowledge about it.

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john_egbert
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February 13, 2025, 07:59:35 AM
 #48

If a person truly wants to understand the crypto market and start making money from it, it would be quite foolish on their part to just listen to someone and do the same. This is only useful in the initial (introductory) stages in the world of crypto, but after that, one should gradually start figuring things out on their own, conducting analyses, making mistakes, and learning what works and what doesn’t. I believe this is the only way to truly learn how to work with crypto, not just sitting and listening to someone, as such an approach will lead to nothing good.

The space is about self-improvement and learning new things, to try them out.
Surely, at the start, you may be inclined to listen more to others, but as you progress, it's essential to carve your own path, with mistakes and good decisions made alongside it.

barisbilgili
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February 13, 2025, 08:46:38 AM
 #49

Acquiring sufficient amount of knowledge is a must do before you try to enter the market. Invest in yourself first before going in a real risky investment. That will be your weapon not to fall against scams, and that will be your asset so you won't be investing at a loss, but make sure profits are waiting ahead. And lastly, turn your crypto knowledge into skills, and that's where passive income starts.
No you are wrong it's never a must that you must have all knowledge regarding bitcoin investment before going into it and I don't think there is a way you can lean all, the right thing to do is to get started if you have the basic knowledge and also your discretionary income is readily available then along the line you are find out more about bitcoin investment it will even then be easier for you to to understand more because you into the market already.

Waiting to get all knowledge might lead to procastination you one may end up not starting bitcoin investment again or money kept for accumulating Bitcoin might be used up for another thing that's why it is important to get started first if you just have basic knowledge about it.
First understanding the investment well is certainly very important so that we can do it right and make a profit from the investment and I agree with your opinion if you do have funds that you can invest, you should start immediately and over time you can understand the investment well after running it.

If someone continues to wait and delay investing the funds they have in Bitcoin, they may regret it when other people have made a profit but they did not take the opportunity. Of course, this is very disappointing because they have chosen to delay it. When we understand how to store wallet keys properly and continue to do it consistently, of course there will be benefits from the investment we make.

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betswift
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February 13, 2025, 08:54:31 AM
 #50

First understanding the investment well is certainly very important so that we can do it right and make a profit from the investment and I agree with your opinion if you do have funds that you can invest, you should start immediately and over time you can understand the investment well after running it.

If someone continues to wait and delay investing the funds they have in Bitcoin, they may regret it when other people have made a profit but they did not take the opportunity. Of course, this is very disappointing because they have chosen to delay it. When we understand how to store wallet keys properly and continue to do it consistently, of course there will be benefits from the investment we make.

The key thing here is that it would be never late to start out.
Surely, the opportunity to make results would be lost in the current moment, but there is plenty to work around for the next cycle, and the next one, etc.
So when it clicks for a person, this thought and understanding of it, nothing would bother him for the future to come.

Mahanton
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February 13, 2025, 12:13:39 PM
 #51

First understanding the investment well is certainly very important so that we can do it right and make a profit from the investment and I agree with your opinion if you do have funds that you can invest, you should start immediately and over time you can understand the investment well after running it.

If someone continues to wait and delay investing the funds they have in Bitcoin, they may regret it when other people have made a profit but they did not take the opportunity. Of course, this is very disappointing because they have chosen to delay it. When we understand how to store wallet keys properly and continue to do it consistently, of course there will be benefits from the investment we make.

The key thing here is that it would be never late to start out.
Surely, the opportunity to make results would be lost in the current moment, but there is plenty to work around for the next cycle, and the next one, etc.
So when it clicks for a person, this thought and understanding of it, nothing would bother him for the future to come.
All matters into your mentality on which if you would be thinking that everything is already too late then you will be having that kind of approach that its late for you to get in and there's no chance of success when you decided to deal up with it or making up some engagement on which this is really that a very wrong kind of mentality. Power of knowledge will really be putting you at the edge but doesnt mean that it will really be that 100% precise or accurate but somewhat it will really be giving out that kind of good effect on whatever that you are currently dealing on with. This wont really be just that limit out on a single thing but rather almost everything on which we do know that we cant be an all knowing kind of being on which there will be those things that you dont even know on what it is or wasnt been able to encounter and decided to make up such engagement. This is why at the moment or time that you do deal up with something then its normal that you do commit mistakes but you can actually adjust basing up into your experience.

R


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February 13, 2025, 12:25:31 PM
 #52

I know alot of new beginners we want to conquer what I'm about to say,but that's the truth,is not all about I want to do crypto,give me capital,I we become rich over night all this statement are nothing without proper knowledge of the crypto market, is nonsense.i say and I qote if you want to help a person for a day give them crypto,if you want to help a person for a life time teach them crypto.new beginners should just forget about those coaches online,saying just follow my signal, what if the coach die or something happens to the coach,that means you are left at the middle of no where,so my dear go for knowledge if you know you know there is no doubt about it.
To enter the world of trading, knowledge is the key to achieving consistent profits. Without knowledge, don't even try to start trading, even if you learn or have an online mentor, it's not enough to make you successful in trading. Every trader must have their own strategy without knowledge you won't have a strategy.

In addition to knowledge, those who want to enter the world of traders must also have confidence and stability in investing or trading. So before starting to invest, you must prepare mature knowledge, planning, and capital to invest. Starting from a complete understanding of what investment or trading is to the capital funds you need. That way, the investment you run can later provide maximum profit.

R


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February 13, 2025, 12:44:40 PM
 #53



You are very correct, knowledge is very important when it comes to bitcoin investment, the reason why a lot of people has made big mistakes in there Bitcoin investment is because they did not have the proper knowledge of Bitcoin investment, some people sell there Bitcoin when ever there's a dip and the reason why they do that is because they don't understand that dip in Bitcoin has been happening since the creation of Bitcoin and when dip happens it will still rise and dip is just an opportunity for investors to accumulate more Bitcoin with less price.


Not only investing in bitcoin, all industries, fields...if we want to participate and make money from it, knowledge is a must. I have never seen a profession, job or anyone who can make money without knowledge of that field.

Also, having knowledge does not mean we will definitely make a profit from bitcoin investment and those who lose are due to lack of knowledge. To be able to make a profit we need to apply knowledge properly, combined with skills, experience...Knowledge alone is not enough to succeed. Or it can be said that to successfully invest in bitcoin, many factors are needed and they need to be combined flexibly.

Knowledge is important, it is power but it does not guarantee us anything.

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February 14, 2025, 11:33:45 AM
 #54

To enter the world of trading, knowledge is the key to achieving consistent profits. Without knowledge, don't even try to start trading, even if you learn or have an online mentor, it's not enough to make you successful in trading. Every trader must have their own strategy without knowledge you won't have a strategy.

In addition to knowledge, those who want to enter the world of traders must also have confidence and stability in investing or trading. So before starting to invest, you must prepare mature knowledge, planning, and capital to invest. Starting from a complete understanding of what investment or trading is to the capital funds you need. That way, the investment you run can later provide maximum profit.

It's better to start investing rather than trading, imo.
Both have their benefits, and risks attached, but there are fewer of them being an investor than a trader.
And nobody forbids you to combine both!

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February 16, 2025, 01:26:21 PM
 #55

Knowledge is power in the world of Bitcoin and it's the foundation for making informed investments decisions about Bitcoin and manage risks effectively.Knowing how to manage and secure your Bitcoin key's and wallets requires knowledge and a proper complex studies.
However,Engaging with other Bitcoin enthusiasts connecting with like-minded individuals and assistance is also a good sign that it helps to understand the flow of Bitcoin.

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February 16, 2025, 11:52:55 PM
 #56

Knowledge is the key; there is nothing as good as learning and knowing how to do things by yourself without relying on someone being knowledgeable about what you are doing. It pays, just like OP has stated, "What if the coach is no more?" Aside from this, what if the person who is giving you those free signals is wrong or is also copying from another? When you learn something, you can be able to compare it with whatever you are being offered.

i say and I qote if you want to help a person for a day give them crypto,if you want to help a person for a life time teach them crypto.new beginners should just forget about those coaches online,saying just follow my signal, what if the coach die or something happens to the coach,that means you are left at the middle of no where,so my dear go for knowledge if you know you know there is no doubt about it.

You didn't say you only quoted; that statement was a rephrase of the commonly said quote "Show me how to fish and don't give me the fish."


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February 17, 2025, 03:29:29 AM
 #57

You didn't say you only quoted; that statement was a rephrase of the commonly said quote "Show me how to fish and don't give me the fish."


Learning is important for everyone and with Internet, open source project, open access documents, courses nowadays, learning has become easier than ever before.

Learning Bitcoin
https://learnmeabitcoin.com/beginners/
Bitcoin for everybody from Saylor Academy.
Getting started with Bitcoin.
https://www.lopp.net/bitcoin-information.html
https://www.lopp.net/lightning-information.html

Learning insights and more technical
https://www.lopp.net/articles.html
https://learnmeabitcoin.com/technical/
Mastering Bitcoin.
Mastering the Lightning Network.











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February 17, 2025, 05:04:05 AM
 #58

The ironic thing is, the more you learn, the more you notice that you know only so little and it makes you feel insignificant and then it feels like you don’t have enough time to learn all that stuff which you don’t know.

I also noticed the bravest investors are either very wise&experienced (because they exactly know what they are doing) or it is the exact opposite… Inexperienced investors take huge risks and they eventually lose their capital because they lack knowledge and their luck runs out eventually.

If you want to be a good trader/investor, you better don’t depend on other people’s trading signals. Most of them are scammers anyway.



Agreed. If you want to get good at trading or whatever you're doing then seek the help of professionals who can give you real advise and expertise on the subject. Sooooo many of these influencers that claim to give out trades are definitely scammers and I wouldn't rely on them or anyone else. Always do your own research and be a study of your field even if you're #1! Always new things to learn, you'll never learn everything but you can try to keep up as best you can and I think that is good enough.

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woez
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Rainbet.com #1 non-kyc crypto casino & sportsbook


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February 17, 2025, 06:54:25 AM
 #59

The space is about self-improvement and learning new things, to try them out.
Surely, at the start, you may be inclined to listen more to others, but as you progress, it's essential to carve your own path, with mistakes and good decisions made alongside it.

In my opinion if see the market keeps going as it should and keeps going without seeing that Person A has already made a huge profit and Person B has lost tens of percent. Yes, it all comes back to each person's expertise and experience, what is certain is that expertise in reading the market accompanied by valid supporting data is what determines whether someone becomes a winner in this crypto realm.

john_egbert
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This session was never meant to bear fruit.


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February 17, 2025, 06:59:13 AM
 #60

The space is about self-improvement and learning new things, to try them out.
Surely, at the start, you may be inclined to listen more to others, but as you progress, it's essential to carve your own path, with mistakes and good decisions made alongside it.

In my opinion if see the market keeps going as it should and keeps going without seeing that Person A has already made a huge profit and Person B has lost tens of percent. Yes, it all comes back to each person's expertise and experience, what is certain is that expertise in reading the market accompanied by valid supporting data is what determines whether someone becomes a winner in this crypto realm.

You are your own king in the crypto space.
That's it, and there is more to that - you can rely on yourself purely mainly, and others may help you with data / some insides, however, all the rest is still up to you.

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