Knowledge and capital are both important in the crypto market.
Sufficient knowledge reserves are conducive to success, and having capital without knowledge will make you lack investment goals and will often lead to losses.
Having a large amount of capital is more conducive to the beginning of investment, and the more capital, the more profits can be obtained.
Topic: knowledge and Capital which is Very important in Business or Investment? - page 3. (Read 1152 times)
September 23, 2021, 10:30:05 PM
September 23, 2021, 09:17:08 AM
I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?
Is it KNOWLEDGE or CAPITAL, or even BOTH?
both are very important to invest, even when you have deep knowledge about investing, if you don't have capital then it will be useless, and you can only be a spectator for it. and vice versa, when you have a lot of money, but do not have knowledge of the various investments and investments you are aiming for, it can backfire for you. many people have done this and are currently regretting it, and at a great loss. So, when you have both, then the thing you need to do is look for information, and know what you are going to invest in. You need to know that the project will give you profit in the future. well, even if it's just a prediction and consideration, it's very important. So, after knowing the important points, you can start investing. Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?
Is it KNOWLEDGE or CAPITAL, or even BOTH?
September 22, 2021, 10:08:46 PM
Knowledge and capital are both important, and both are very helpful to success in business and investment.
A wealth of knowledge reserves can help select more suitable investment projects and formulate appropriate response strategies for them, and reduce project scams or economic losses caused by lack of knowledge and experience.
Funding is equally important. Owning a large amount of funds can get more profits. When funds are sufficient, you can invest in different projects and realize the freedom of wealth more easily and quickly from many aspects.
A wealth of knowledge reserves can help select more suitable investment projects and formulate appropriate response strategies for them, and reduce project scams or economic losses caused by lack of knowledge and experience.
Funding is equally important. Owning a large amount of funds can get more profits. When funds are sufficient, you can invest in different projects and realize the freedom of wealth more easily and quickly from many aspects.
September 22, 2021, 11:40:31 AM
I'm going to assume that with "capital" you are talking about money and "knowledge" as the initial skill needed for starting the business. I would say knowledge is the more important of the two though it definitely is best to start with both.
You can always find a way to get investors to fund your business idea. You can crowdsource, take loans, etc. If it's a good idea, people would invest in it. On the other hand, no amount of money will make a bad idea work.
You can always find a way to get investors to fund your business idea. You can crowdsource, take loans, etc. If it's a good idea, people would invest in it. On the other hand, no amount of money will make a bad idea work.
September 22, 2021, 09:31:29 AM
I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?
Is it KNOWLEDGE or CAPITAL, or even BOTH?
of course both. if you have money, of course you can invest but can not guarantee success or profit but if you have both these goals will be achieved. those are two things that cannot be separated. Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?
Is it KNOWLEDGE or CAPITAL, or even BOTH?
September 22, 2021, 06:31:55 AM
I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?
Is it KNOWLEDGE or CAPITAL, or even BOTH?
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?
Is it KNOWLEDGE or CAPITAL, or even BOTH?
You have to have both for sure.
You need people to help you and the only way that they will be able/willing to do that is if you have adequate capital.
But at the same time, when you are starting out a venture you are likely going to be the only one invested and at the top controlling outcomes. If you don't have the right leadership/management knowledge then you will suffer.
September 21, 2021, 05:14:13 PM
And I disagree, it matters and it matters a lot, if you have a capital of 100 dollars and another trader has a capital of one million if you both make the same trade and you earn 1% you only earned one dollar while the other trader earned 10k, that is a massive difference in the outcomes, which means that your starting capital can be a huge factor when determining your success, obviously it is not everything as you still need the right knowledge but without it you cannot make any significant amount of money.
The more an aspirant businessman have an adequate of principal amount to start his business it would be a lot easier for him to put it's dream into a reality but of course let's not make the knowledge here less important because the two are the most important thing in starting up a business. But I do believe that knowledge comes first because it's an important aspect to be able to make a successful business or investment. Knowledge became the essential in investment and business because your knowledge will make a risk more tolerable.
of course this would really be needing capital and knowledge because you cant really just put up money and then you do wait for you to profit, this isnt how it works and you would need to be wise
and work hard for it which its just understandable or common sense that these are primary factors on which you would be needing it up.
September 21, 2021, 05:13:51 PM
You know what they say, 'you need money to make money' and while there are also many ways to make money without money at the same time it cannot be denied that if you have a big amount of capital then it is way easier to make more money with it than if you begin with nothing, this show us that both your capital and your knowledge are important and if you have both then there is almost nothing that is going to stop a person like that.
Yes, both are very important to determine the results.But, knowledge is the first because we don't need to put money into something that we don't know. It is better to learn at first about crypto, getting more knowledge from many sources, including from other people's experiences. And after we have got the knowledge, at least the basics, and we have known at least not only the advantages but also risks, we are ready, we can start. Actually, the capital to be sued, higher capital will also give higher results. But of course, it will give also higher risks.
I personally will prefer to start with a smaller capita at first if we are still learning also by doing.
We can start with small capital and after we know the flow, cycle, and also analysis, we can add some and add some again during the process.
September 21, 2021, 02:43:23 PM
And I disagree, it matters and it matters a lot, if you have a capital of 100 dollars and another trader has a capital of one million if you both make the same trade and you earn 1% you only earned one dollar while the other trader earned 10k, that is a massive difference in the outcomes, which means that your starting capital can be a huge factor when determining your success, obviously it is not everything as you still need the right knowledge but without it you cannot make any significant amount of money.
The more an aspirant businessman have an adequate of principal amount to start his business it would be a lot easier for him to put it's dream into a reality but of course let's not make the knowledge here less important because the two are the most important thing in starting up a business. But I do believe that knowledge comes first because it's an important aspect to be able to make a successful business or investment. Knowledge became the essential in investment and business because your knowledge will make a risk more tolerable.
September 18, 2021, 09:47:07 PM
Knowledge and capital are very important in all industries, and it is more successful to have both at the same time.
The right knowledge can guide you on the right path, and having the knowledge about investment can effectively avoid making wrong decisions and losing money.
The more investment, the greater the return. It is easier to get the opportunity to make money if you have sufficient funds.
The right knowledge can guide you on the right path, and having the knowledge about investment can effectively avoid making wrong decisions and losing money.
The more investment, the greater the return. It is easier to get the opportunity to make money if you have sufficient funds.
September 17, 2021, 10:47:04 PM
I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?
Is it KNOWLEDGE or CAPITAL, or even BOTH?
Having a wealth of knowledge and capital will make the road to the goal smoother and more colorful, without causing confusion and not knowing what to start from.Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?
Is it KNOWLEDGE or CAPITAL, or even BOTH?
Both are equally important to us, to bring you everything you need when you want to do something.
September 17, 2021, 10:31:43 PM
I think both are necessary, and the lack of either aspect is a factor for the investment to reach the expected level.
If I were to choose one of the two, although I think both are important, I would choose money.
I have always believed that with wealth, other things can be slowly accumulated and cultivated. Only when you have sufficient funds to do other things, it will be more convenient. Money will bring shortcuts, a shortcut on the road to success.
If I were to choose one of the two, although I think both are important, I would choose money.
I have always believed that with wealth, other things can be slowly accumulated and cultivated. Only when you have sufficient funds to do other things, it will be more convenient. Money will bring shortcuts, a shortcut on the road to success.
September 17, 2021, 06:58:13 PM
knowledge and capital is the main combination for trading. You can't put these two factors first. must be run together. In my opinion, the most important thing is that it must be balanced so that when investing or trading can run well and smoothly but reach the target
September 17, 2021, 05:01:37 PM
Is it KNOWLEDGE or CAPITAL, or even BOTH?
Two are supporting each other.But, how if I am asking:
Will you invest or build a business in something that you know?
I will definitely say NO
Before we are investing or building a business, the first thing that we need is knowledge about it, capital can be thought along with the learning about the business or investment.
We can suit the capital with the funds that we need.
But at first, we must know what kind of business and investment we are going to have or do.
We must not be fool enough by putting our money into something that we don't know exactly about it.
We must understand what we are doing.
We must consider what we are going to make a decision.
We must know the plan, the strategy, the decision, the advantages, and also the disadvantages or risks of our decision in that investment or business.
September 17, 2021, 04:36:16 PM
Knowledge 100% of the time.
Fact of the matter is that credit is very easy to access these days and it's not too difficult if you start something without any capital. The fixed costs to business have been totally eliminated with the popularity of online business these days.
You need the right expertise and skills more than ever. Capital is the easy part to secure once you've gotten around to formulating a legitimately good idea.
Fact of the matter is that credit is very easy to access these days and it's not too difficult if you start something without any capital. The fixed costs to business have been totally eliminated with the popularity of online business these days.
You need the right expertise and skills more than ever. Capital is the easy part to secure once you've gotten around to formulating a legitimately good idea.
I totally agree with you! Knowledge is the most important thing today. Because capital is sufficiently available. Maybe not in every part of the world but in a large part of it. You can see that just by looking at all the startups these days. They are flooded with capital, so that they sometimes do things that they didn't really want to do and that often fail. In order to be successful, the key is no longer capital, but the idea and thus also the knowledge to implement the idea correctly.
to jump into an investment even though it isnt really that giving out precise results but once you do have knowledge and skills then you can eventually spot out if a project or investment would have potential in terms
in long term aspect.
When you do supply out some capital then this is where your skills and decision making would differ.We do have different level of intellect and awareness of things.
September 17, 2021, 03:47:24 PM
You don't need to choose between both. Being knowledgeable means you know what to do to make it successful and having good amount od money as your capital will help you earn more profit compared to less amount of money as your capital. Most people say that experience is more important. If you don't have lots of experience then your business or investment will lose profit.
September 17, 2021, 03:40:29 PM
Knowledge 100% of the time.
Fact of the matter is that credit is very easy to access these days and it's not too difficult if you start something without any capital. The fixed costs to business have been totally eliminated with the popularity of online business these days.
You need the right expertise and skills more than ever. Capital is the easy part to secure once you've gotten around to formulating a legitimately good idea.
I totally agree with you! Knowledge is the most important thing today. Because capital is sufficiently available. Maybe not in every part of the world but in a large part of it. You can see that just by looking at all the startups these days. They are flooded with capital, so that they sometimes do things that they didn't really want to do and that often fail. In order to be successful, the key is no longer capital, but the idea and thus also the knowledge to implement the idea correctly.Fact of the matter is that credit is very easy to access these days and it's not too difficult if you start something without any capital. The fixed costs to business have been totally eliminated with the popularity of online business these days.
You need the right expertise and skills more than ever. Capital is the easy part to secure once you've gotten around to formulating a legitimately good idea.
However in most cases if you learn something well, and keep improving and also have a good experience, then making money becomes so much easier. I know it is unfair for me to say this but on my early days of my current work I wasn't good, I mean I still didn't suck, but compared to how I am today? I am much much better these days and that is why I make more money as well.
September 17, 2021, 08:07:30 AM
Knowledge 100% of the time.
Fact of the matter is that credit is very easy to access these days and it's not too difficult if you start something without any capital. The fixed costs to business have been totally eliminated with the popularity of online business these days.
You need the right expertise and skills more than ever. Capital is the easy part to secure once you've gotten around to formulating a legitimately good idea.
Fact of the matter is that credit is very easy to access these days and it's not too difficult if you start something without any capital. The fixed costs to business have been totally eliminated with the popularity of online business these days.
You need the right expertise and skills more than ever. Capital is the easy part to secure once you've gotten around to formulating a legitimately good idea.
I totally agree with you! Knowledge is the most important thing today. Because capital is sufficiently available. Maybe not in every part of the world but in a large part of it. You can see that just by looking at all the startups these days. They are flooded with capital, so that they sometimes do things that they didn't really want to do and that often fail. In order to be successful, the key is no longer capital, but the idea and thus also the knowledge to implement the idea correctly.
September 17, 2021, 04:43:14 AM
Actually from a small capital, we can still do it and can develop it step by step until it becomes a high profit. This is where knowledge and insight can drive it. High capital is indeed important for higher results, but we don't need to force ourselves with each of our circumstances, at least we try our best and do everything as well as possible.
We know that success will not come instantly, and enjoying the process of success is means a lot.
While you can still have success with a small level of capital at the same time it is not as easy as it sounds, with a smaller capital you will still need to pay all the fees that exchanges charge you and this is a bigger burden the smaller your capital is, so you need to be careful when you are trading with such a small sum of money which means that your path to success will have to be even slower, which could lead to desperation and force you to make small mistakes that become huge when your capital is so small.We know that success will not come instantly, and enjoying the process of success is means a lot.
You should have knowledge and capital whether you do tend to make a business or investment since those are important factors where you do need to have in order to succeed or sustain this market.
Everything is important and should be on consideration because if you dont have these things then you would really be having some hard time in dealing with it.
because $100 could make it bigger if they do continue to be profitable but not on the point that it could really reached up that guy/trader that has a million of capital.Well, reality sucks but doesnt
mean that you should stop on reaching your goal.Knowledge is a must because if you dont have any idea on what you are doing then you are just basically doing some gambling stuff.
Ofcourse, the right knowledge lessens the risk. If you go into a business without the required skills and knowledge, the risk of failure will be high for you. Putting money you can't afford to risk without the right knowledge to succeed is actually gambling. You'll be taking big risk and betting with money you can't afford to risk in hopes of making good returns. The right knowledge minimizes the risk, or you can start small without the knowledge and eventually gain experience/knowledge doing the business
September 17, 2021, 02:48:32 AM
Knowledge is the key to success, and it is important in every aspect. Knowledge can accumulate more capital.
Only capital without rich knowledge can easily make wrong investments and cause economic losses.
Having more knowledge can help us analyze the market and choose a strategy that suits us, making it easier to succeed.
Only capital without rich knowledge can easily make wrong investments and cause economic losses.
Having more knowledge can help us analyze the market and choose a strategy that suits us, making it easier to succeed.
Jump to: