Knowledge Doesn't Guarantee 100% Crypto Success....

[Oyoyoma_yu]

The Bitcoin market de very unpredictable more especially in the short term. This reason make many analysis fail in the short term. I have seen individuals who make Bitcoin analysis trying to predict price , and I have also seen traders who made losses no matter how professional they are. Though it is important as a cryptocurrency investor or even as an aspiring Bitcoin investor to learn, and properly understand how cryptocurrency investing works, if you are interested in daily cryptocurrency trading, learn it, and if you are also interested in long term investing also learn what it takes to be a successful cryptocurrency investor. With proper knowledge, you can always be on the safer side , but drastic losses.

[Shaponzy]

In crypto investment there’s no  guarantee that you’re going to be successful because if it’s unpredictable nature as a result of its volatility, so whether an investor is knowledgeable or not does not in anyway affect how the bitcoin market works or should move. But being knowledgeable about how crypto works put an investor in a more better position to making very important investment decisions while investing in crypto so as to be able to achieve his investment goal.

To the facts that there's no 100% guarantee, even those that are inro trading for long still loses everything. Knowledge is the most vital priority in our life, being in bitcoin investment journey or not, we really need it. But having knowledge alone is a big mess, be disciplined enough towards every knowledge being acquired, an investors can have every knowledge requires but once he or she make any silly mistakes that leads to lose of funds, once the money is gone, its gone. Buying bitcoin and hold them for long-term is better. But success is not all about smartness, no mater how you claim to be over smart, if your not avoiding anything that will put you in financial situation, one stupid moment cab wipe you out of everything, especially trading.

[Agbamoni]

Also yourself may not know where the market direction will be going but you can begin DCA when the price of bitcoin dip significantly which is the best and I have confirmed this to be true.

Start DCA regardless of the market situation. If the market is in a dip, DCA, and if it is regaining, start DCA. Exception for short-term traders.

Knowledge won't guarantee you win.but lack of knowledge almost guarantee you lose.
Most people who fail in crypto don't fall because of lack of knowledge the fall from leverage no plan.

Little knowledge is better than no knowledge. Knowledge doesn't guarantee us a profit, but as far as Bitcoin is concerned, long-term knowledge of Bitcoin will almost guarantee profits in the future. It has been tested and proven. Unless there is a case where the investor loses access to his coins due to poor security. It can only be the case that a long-term investor won't get his profit.

[Zackz5000]

The Bitcoin market de very unpredictable more especially in the short term. This reason make many analysis fail in the short term. I have seen individuals who make Bitcoin analysis trying to predict price , and I have also seen traders who made losses no matter how professional they are. Though it is important as a cryptocurrency investor or even as an aspiring Bitcoin investor to learn, and properly understand how cryptocurrency investing works, if you are interested in daily cryptocurrency trading, learn it, and if you are also interested in long term investing also learn what it takes to be a successful cryptocurrency investor. With proper knowledge, you can always be on the safer side , but drastic losses.

Which coin do you advise people to invest on talking about cryptocurrency you mean many coin and investing in any other coin that isn't Bitcoin will be a way too risky because most of these investment are even scam investment, shitcoins, altcoins doesn't stay long in the market they may pump up and dump drastically.

Bitcoin is the leading coin trusted and reliable so this is where we should channel their investment into, investing for a short time is not also very good those who trade already have an eye on it, as a beginner i will advise they invest in Bitcoin for a long  if only they have discretionary income with them.

[Fiasem20]

According to you,you say knowledge no go fit only guarantee crypto success and e dey understandable.As a investor if you wan follow bitcoin price movement you go dey frustrated,today you fit wake up make you see say price dey okay then make you wait for tomorrow see say price don drop,that one na the nature of bitcoin so as beginner wey wan delve into the crypto space gats get that knowledge then no be only the knowledge but to develop tough skin so that ehn fit hold ehn bitcoin for the long term.Then another wahala be say most investors too dey follow false news about bitcoin and the crypto space,and na that one nai be the main factor wey dey make investors sell their coins wey neva yield better profit,if you wan hold your coins for the long term you go try not to dey believe every bad news about bitcoin for the internet.

[B-BossMan]

I get your point, you will even be seeing traders and analysts making different analyses, this is what I have noticed since I know about cryptocurrencies. Also yourself may not know where the market direction will be going but you can begin DCA when the price of bitcoin dip significantly which is the best and I have confirmed this to be true.

I agree with you that no one knows for sure which way the market will go in the future. However, the idea of ​​"DCA is best when the price drops significantly" does not seem to me to be entirely consistent with the core philosophy of DCA. Because it suggests waiting for a certain price before starting to invest, which is a kind of market timing.
The strength of DCA is that you buy Bitcoin consistently without guessing the market's ups and downs. If someone has a discretionary income, I think it is more reasonable in the long run to continue DCA with a small amount of money as planned, rather than waiting for a big island. This also eliminates the pressure of timing the market and maintains the goal of gradually accumulating Bitcoin.

I actually prefer the ideas of DCA strategy than waiting for the dips, because my issue with those that normally waiting for the dips is that, they truly knows that bitcoin can fall at any certain percentages consecutively but they choose to be wasting thier time due thier mindset. The facts is,  you can't predict the exact market movements, that's bitcoin is called volatile in nature.

DCA strategy places one on disciplines, that's you as an investor you know the kind of amounts you need to spare for your regular buying, and before you relialize that has even become your habit to the extent that you would not be bothering yourself about bitcoin price movement and there's no way prices controls you or you decisions anymore, but whenever there is dips along the way, you can use the advantages and buy with any available discretionary income then. So common sense and knowledge can give you all these tactics

[PremiumcryptoHub]

Having knowledge is the most important thing in a person's life but this knowledge does not always make everyone successful. Even though knowledge does not always make people successful, it is possible to make a proper decision when taking a step in every matter. Gaining knowledge or having knowledge is important but it is normal that knowledge will not make a person 100% successful in the crypto world.

Even though knowledge of the crypto world does not always guarantee success, in some cases it can surely give a guarantee. If someone has knowledge in the crypto world, even if they are not temporarily successful, they gradually move towards success.

There is no certainty of success in investing in crypto or Bitcoin. Even if a person has a lot of knowledge, there is no certainty of his success, but yes, a person cannot be successful without knowledge. Knowledge is definitely very important in investment and knowledge is very important in every field. If a person invests for a long time and if he does not gain knowledge, then he will not be able to prepare in advance to face the danger and whenever any kind of danger arises, he will not have enough funds to face that kind of danger and his investment may have to be sold at that time.

Knowledge does not give certainty of success but it is not possible to be successful without knowledge. So start investing and after starting investing, gain knowledge and take whatever measures are needed to keep your Bitcoin safe.

Yes there is no guarantee of success in crypto or bitcoin investment as it should be known knowledge of crypto market will help you to save big loss and make right decision but due to volatile nature of this market there is no such thing as hundred percent guarantee. Bitcoin market is very complex because its dynamic nature is different from traditional financial market, I think mainly due to extreme volatility, market manipulation, hacking and technical errors, human psychology and rumors, investment in cryptocurrency is not guaranteed hundred percent success.

But you need to be wise to understand things like emotional intelligence, discipline of bitcoin investment and other qualities because someone who is not knowledgeable about bitcoin investment may not know about these qualities. So those who are wise will be aware of these things before starting crypto investment.

[ejikeme24]

Nah true talk you write for here. Sometimes, the market go throw you curve ball and all the knowledge and experience you think say you don accumulate go vanish but at the same time nah still the level of experience and patience wey you get go make you handle some market trends with little panic unlike person wey no get much knowledge about am at all.

No be lie, ee don  happen to me before. I been dey feel say I fit withstand the market pressure, you know the feeling na when it's your first time of learning something, at first you go think say ee dey simple as they explain am not until you experience am . So when I finally experience this dip omor! I couldn't help it but to start panicking. But before then I don already make decision not to sell my holdings no matter what unless I don reach my investment target. So na just this decision help me overcome the temptation and the pressure during that time, but ee get people way talk like but due to the pressure, moreover it's thier first time so they decided to sell. Sometimes we get why we supposed learn how to stick to our decision ee dey help.

[Tongley]

According to you,you say knowledge no go fit only guarantee crypto success and e dey understandable.As a investor if you wan follow bitcoin price movement you go dey frustrated,today you fit wake up make you see say price dey okay then make you wait for tomorrow see say price don drop,that one na the nature of bitcoin so as beginner wey wan delve into the crypto space gats get that knowledge then no be only the knowledge but to develop tough skin so that ehn fit hold ehn bitcoin for the long term.Then another wahala be say most investors too dey follow false news about bitcoin and the crypto space,and na that one nai be the main factor wey dey make investors sell their coins wey neva yield better profit,if you wan hold your coins for the long term you go try not to dey believe every bad news about bitcoin for the internet.

We cannot say that we will be successful in holding it for the long term by relying on only one aspect. Because knowledge is definitely important and along with it, proper financial management, patience, discipline, etc. are all needed to hold it for the long term. So if we focus on only one thing, then we will never be able to hold it for the long term.

Although there is no certainty of profiting from investment, but if a person is successful in holding it for the long term, then the chances of that person being successful are much higher. To hold it for the long term, a person must have knowledge, patience, proper financial management, discipline, right approach, risk management, etc., then he can be successful in holding it for the long term. If only knowledge is there, no person will be successful in holding it for the long term.

[Youngrebel]

No be lie, ee don  happen to me before. I been dey feel say I fit withstand the market pressure, you know the feeling na when it's your first time of learning something, at first you go think say ee dey simple as they explain am not until you experience am . So when I finally experience this dip omor! I couldn't help it but to start panicking. But before then I don already make decision not to sell my holdings no matter what unless I don reach my investment target. So na just this decision help me overcome the temptation and the pressure during that time, but ee get people way talk like but due to the pressure, moreover it's thier first time so they decided to sell. Sometimes we get why we supposed learn how to stick to our decision ee dey help.

Big difference dey about reading or studying about the market and experiencing it with your own money and eyes and honestly the first trail no dey ever Dey funny and I fit relate your emotions go dey very very different from watin you expect at first and Na why proper planning before investing is the best and your decision not to sell unless you reach your target gave u something to hold onto when your emotions been wan take over and Na very nice decision you make.

[Yeesha]

Op ,you are right ,having knowledge is good but can't guarantee successful crypto,you can have all the knowledge and still not get the things right ,but the whole essence of been knowledgeable about somethings is so that one can make better decisions, understand how things works and also how to go about it , without having the knowledge it will be hard to excel in the crypto world,but the market sometime can be very hard to predict,so at that point things may not seem right .

Even if a person spends a lot of time in the crypto world and considers himself to be very experienced, he is still at risk because it is impossible to predict what the market will face in the future. A truly knowledgeable person never advertises himself as knowledgeable.

I think the main thing is that the crypto world will expand more for those who are more capable of taking risks and they will succeed.

There’s nothing like professional investor or trader, because they are bound to make mistakes at  some point. They may be expert but not 100% perfect and that's what makes them human. Knowledge does not fully guarantee crypto success but it plays a vital role in it. Apart from knowledge a lot of things are required to ensure accurate investment. If you don't aquired the necessary knowledge it will be hard to apply your skills in a way that it required. We know how complicated it could be, so following the best way is the appropriate thing to do, to prevent further issues.

[fredericktaylor]

According to you,you say knowledge no go fit only guarantee crypto success and e dey understandable.As a investor if you wan follow bitcoin price movement you go dey frustrated,today you fit wake up make you see say price dey okay then make you wait for tomorrow see say price don drop,that one na the nature of bitcoin so as beginner wey wan delve into the crypto space gats get that knowledge then no be only the knowledge but to develop tough skin so that ehn fit hold ehn bitcoin for the long term.Then another wahala be say most investors too dey follow false news about bitcoin and the crypto space,and na that one nai be the main factor wey dey make investors sell their coins wey neva yield better profit,if you wan hold your coins for the long term you go try not to dey believe every bad news about bitcoin for the internet.

That is why it is reasonable for an investor to invest the money that he can afford to lose in Bitcoin or crypto world. Some investors start investing in Bitcoin with the wrong idea as a result of which they face quickly financial losses. Therefore wherever we invest we should research the subject gain knowledge and then make prudent investment decisions. In addition an emergency fund can be created. This will help the investor cope well with a financial disaster. As a result the investor will be able to hold the investment for a long time which will reduce the risk and hope to make a profit from the investment.

[Abu-Naim]

The Bitcoin market de very unpredictable more especially in the short term. This reason make many analysis fail in the short term. I have seen individuals who make Bitcoin analysis trying to predict price , and I have also seen traders who made losses no matter how professional they are. Though it is important as a cryptocurrency investor or even as an aspiring Bitcoin investor to learn, and properly understand how cryptocurrency investing works, if you are interested in daily cryptocurrency trading, learn it, and if you are also interested in long term investing also learn what it takes to be a successful cryptocurrency investor. With proper knowledge, you can always be on the safer side , but drastic losses.

You are correct, the market is not predictable in a short term, sometimes, you can predict it in the long run even though it will not be accurate, but the mindset of long term profit will be there and you will surely make the profit especially if you invested in Bitcoin.

Learning is the foundation of everything; you will need to learn about every aspect of investment you are trying to venture into, so that you can be in the safer side always since you knows some important things about it, but if you didn’t learn, you will always fall victim whenever something went wrong, that is why becoming successful requires you to learn so well because that knowledge will save you and will also guide you towards making the right decision always that will help you to succeed.

[Derekfunds]

There’s nothing like professional investor or trader, because they are bound to make mistakes at  some point. They may be expert but not 100% perfect and that's what makes them human. Knowledge does not fully guarantee crypto success but it plays a vital role in it. Apart from knowledge a lot of things are required to ensure accurate investment. If you don't aquired the necessary knowledge it will be hard to apply your skills in a way that it required. We know how complicated it could be, so following the best way is the appropriate thing to do, to prevent further issues.

I completely disagree with you, professional trader and investors are never the same with ordinarily traders or investors or the same with beginners because their mentality, knowledge and experience are not the same. The rate at which professional traders will make profit will never be the same an ordinary trader will..., so there is a huge difference between them. Loss is something no one can run away from but the fact that professionals do make loss doesn't make the same with ordinarily or new traders.