Knowledge is the foundation - page 67.

Marlo Stanfield

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Quote from: coinplus on June 10, 2018, 12:08:24 PM

Quote from: haroldtee on June 08, 2018, 06:33:47 AM

Quote from: heritage35 on June 08, 2018, 06:22:27 AM

What you already know cannot be taken away from you...

Nice one mate! A house without a foundation obviously would not last which is the reason why a lot of people do not usually last in anything they embark on. They rush out the same way they rushed in and pathetically end up blaming everyone for their own mistakes they ignorantly make.

This is an applicable thing in the general world and not just in cryptocurrency and the only people that get to succeed in a particular area are those who took their time to learn everything they needed to and never stopped learning as the case may be.

Well said. I guess the mentality a lot of people usually have when it comes to making money and getting rich overnight has totally affected their way of thinking that they always want to rush into everything as you have said, and indeed they always eventually rush out when they surely do not have the knowledge to help guide them through.

The funniest part is that the internet age has made it very easy for everyone to easily access information, but it just seems laziness keeps increasing by the day as people just want to skip the learning part and do as they please.

Even now you could probably say that people have been lazy in the sense that the information about Bitcoin and crypto has been out there for years, as well as on the mainstream media news channels from time to time, and still most people never bothered to learn what it's about.

Kevin77

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Quote from: RSM0103 on June 08, 2018, 06:26:34 AM

if you have no knowledge about cryptocurrencies it is impossible to work and start something in this market world of crypto, i know it is hard to start over because there is no shortcut in learning here in crypto instead you must learn it step by step.

Very true indeed. A lot of people today just opted into crypto space with no knowledge, not ready to ask question, not ready to make use of online resources to equip themselves and they just rush into everything. Such people will always end up either learning the hard way or end up getting frustrated and quitting. Knowledge equips you with all the decision you will need to make in the cryptocurrency world as you will be making a whole bunch of them and you cannot do well without it.

Quote from: ShareAccepted on June 14, 2018, 07:17:40 AM

Knowledge an patience are both necessary and you can say they are the foundation if you want wealth from cryptos. For sure you may try quick-rich but is less good.

Patience is necessary when you look for holding way of successful trading whereas only knowledge may lead you to crack profits even with a day trading too. I do not mean patience is not a needed thing but it will play an important role only in specific area and not everywhere.

gokusenpai0302

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Quote from: heritage35 on June 08, 2018, 06:22:27 AM

It is needful to say that before the completion of a magnificent building, it starts from the foundation, therefore, to excel as a crypto enthusiast you must start from the foundation, which is through the acquisition of knowledge.
I will not deny the fact that learning is a continuous process, but whoever is coming newly into crypto, should try as much as possible to learn first the rudiments before venturing into any aspect of crypo in order to avoid making costly mistakes.
What you already know cannot be taken away from you...
So, start from the foundation today and get the best from the crypto space.

I highly agree with you mate, because engaging in digital currency world without sufficient knowledge could be dangerous to any individual's investments. I believe that learning is a continuous process, you may learn from other's experience and especially in your experience that may lose a huge investment.

ShareAccepted

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Victorieum Digital Wallet Revolution

Knowledge an patience are both necessary and you can say they are the foundation if you want wealth from cryptos. For sure you may try quick-rich but is less good.

Striker17

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0x860FA3F15AcDFC7c7B379085EaC466645285237d

Yes that's right Definitely, the most important in all aspects. Without knowledge especially here in crypto, you'll don't know how to trade, know how to buy and sell, how to invest and hold a good coin.

poenjabie

newbie

Activity: 68

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knowledge is the most decisive thing in doing something,without it, we can never do what we want to do, so in the crypto world, read much things we do not know and never shy to ask is the main condition to be able to grow in the world crypto ,it is true that the knowledge is the foundation that we have to dig deeply

jerrison

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it is yet another truth that knowledge is the foundation. the idea of being successful is about the knowledgeable you that has been put into the business and then profit is definitely meant to be a success story. thanks

Jpt

jr. member

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Knowledge about related field is necessary always. Not only in cryptocurrency, it is applicable everywhere. You must acquire knowledge and skills to jump into the crypto train or you will sink into debt. First of all, you should know what is crypto and how it works, and if you want to invest, you should consult friends, crypto-related forum and look a project team to determine which project is good investment.

Archibaldos123

newbie

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I agree with what was written above. Before you start trading on the stock exchange or invest, you need to study everything to the smallest detail and do not hurry. The most important thing is patience and the goal set before you.

DonaldHun

newbie

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Yes, I agree. Any field of investment and trade, Knowledge is the core to bring success - profit. That is the goal of any trader / investor. In the area of cryptocurrency, knowledge is even more important. Because it determines the process of processing processes, selecting, analyzing, diagnosing trends -> Therefore, the exchange of knowledge and experience is always important.

CaptainKid

sr. member

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Quote from: heritage35 on June 08, 2018, 06:22:27 AM

It is needful to say that before the completion of a magnificent building, it starts from the foundation, therefore, to excel as a crypto enthusiast you must start from the foundation, which is through the acquisition of knowledge.
I will not deny the fact that learning is a continuous process, but whoever is coming newly into crypto, should try as much as possible to learn first the rudiments before venturing into any aspect of crypo in order to avoid making costly mistakes.
What you already know cannot be taken away from you...
So, start from the foundation today and get the best from the crypto space.

I completely agree with you, but no matter how much we study, we will still make mistakes, and thereby gain a precious experience, which is the basis of success.

setancredit3

jr. member

Activity: 238

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of course, knowledge is very important to us all because it will take us to higher ground in all the fields we will know later,
because in investments other than a lot of money to invest we must also know which investment products to be followed so that it works in crypto then knowledge of crypto and information about crypto is very important.

newbie-hero

full member

Activity: 518

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Quote from: renz0 on June 10, 2018, 04:25:26 PM

Knowledge is really the foundation to something before you get involve into it like in crypto world.But to make it even better, I have to add up wisdom.Knowledge and wisdom I bet must go together to become more successful here in cryptocurrency.

When you want to do something well and professionally, you always need the knowledge. It does not mean that you have to get some special education. Just read more, watch videos on YouTube, stay here, on our Forum.

yerger

newbie

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Not just in Crypto, but in everything have to be based on knowledge. Without knowledge we just make ourself in dangerous situation.

Cryptodiamond12

jr. member

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I agree with you knowledge is the foundation. Indeed knowledge is the foundation of everything and you must have a good foundation of whatever thing you want to involve yourself. Talking about Blockchain Technology you must study, have mentors, do research before staring. Get information about every investment that you want to do. The more you study and have more information the more you make money. Having a good foundation of cryptocurrency and Blockchain Technology before starting will make you succeed.

yndye

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Quote from: heritage35 on June 08, 2018, 06:22:27 AM

It is needful to say that before the completion of a magnificent building, it starts from the foundation, therefore, to excel as a crypto enthusiast you must start from the foundation, which is through the acquisition of knowledge.
I will not deny the fact that learning is a continuous process, but whoever is coming newly into crypto, should try as much as possible to learn first the rudiments before venturing into any aspect of crypo in order to avoid making costly mistakes.
What you already know cannot be taken away from you...
So, start from the foundation today and get the best from the crypto space.

Knowledge is the key in crypto world to succeed in this industry. In trading perhaps, you need experience first to know what kind of strategy works for you so you can be profitable. There is also an advantage when you know that there is something going on in a coin like good updates. Listing in a big exchange is a big push in the price so if you have knowledge of it ahead of others then it would be an advantage for you to get a position and when the announcement comes, the price would fly. Learning cryptocurrency and doing research before investing in a coin would reduce the risk being involved in scammy projects and for the investors to lose money.

The_prodigy

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Quote from: Ri Polok on June 13, 2018, 10:34:48 PM

You are right, the base of cryptocurrency world is knowledge. if you know more about Crypto world then you have a strong base and you get more things in cryptoworld.

yeah. knowledge is the only thing that you can bring wherever you are and whatever you're doing right now. so it is important to gain knowledge in one thing and if you want to gain knowledge in one thing you need to spend time to research and make survey. it is very worth it because you feel you have a knowledge everytime you read and research

Ri Polok

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You are right, the base of cryptocurrency world is knowledge. if you know more about Crypto world then you have a strong base and you get more things in cryptoworld.

amadorj76

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Quote from: mikyadel on June 13, 2018, 01:02:03 AM

you are so right .Knowledge is the essence of power.the more information you have in this market,the more money you can make from these idiots who only care how to make 1 million dollar in a week !

If you have a knowledge there is no chance that the scammer can fool you. Doing crypto really needs to have a knowledge in order for you to earn big profit and learn from it.

Mypanara19

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Activity: 826

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Knowledge plus action is the key to success in any venture or field you would choose. It is your guide towards the right track whether be it in cryptocurrency or with anything that you would want to do. Without knowledge there would be no clear vision on what path you are going. It is your direction, but knowledge without action is useless and there would be no result at all even if you have the knolwedge.

Topic: Knowledge is the foundation - page 67. (Read 8002 times)