Topic: Readability but inability to put in practice becomes investors challenges (Read 228 times)

Hmm, good one OP, apart from spamming, this explains why some members on this forum screamed out about getting scammed after they took matters into their own hands, something they could have prevented by just asking a simple question.

They already knew that this forum is here to solve problems or crypto related issues, when the create a topic believe it that they already made the mistakes now they want some sympathy.

The costly mistakes I made in crypto was before I found this forum, I had no one, not a single teacher to guide me right when I was new to Bitcoin, I made almost all the mistakes in crypto space, and when I found this forum I was like, why now? Where was this before I started my crypto journey?

I don't blame them, some people don't even know what they want, there are thousands of accounts in this forum that are no more active, I bet many gave up, I have introduced like 4 people to this forum all because they want to learn about crypto, at first they are active but after they stopped, they got tired.

Any student who starts reading because of examination is around the corner or because others are reading is not a good student. Reading should start immediately after school resumes and not wait till examination peroid. You will not be able to recall much without spending quality time on your studies before examination. No grabbing much is not because of dumbness but lack of early preparation..


I don't think that you position is correct. Except the member has learning disabilities or lacks the ability to read and comprehend, information on this forum is easy to understand and apply. Most people you see in this forum know knowledge about cryptocurrencies when they registered, but it consistent studying, they are now masters in the industry. Some people might not understand the first time they read an information. Such people needed to read more than once to bet the information. Spamming is caused by people who are too lazy to research or learn about a concept before posting. It is not really caused by learning disabilities but by slothfulness.

May be that is the cause of most of us not being able to acquire knowledge about Bitcoin as you said but some of us are not ready to strive, or suffer to earn a living. some of us are actually thought it was going to be something easy or something that would be done once and for all. not realizing it's a continuous process

Exactly, the whole life is full of lessons. everyday comes with it's topic and as long as you are still living, like it or not, you have to undergo certain step.
So is Bitcoin forum. It is full of knowledge but when you study from it and it's not properly applied, it will still wipe away from you.
To avoid such from happening, immediately you learned something, make sure you put it in to proper practice.
Also newbies, we should be very careful. That's, we should try and know the rules guiding the forum and make sure we don't violet them .

That should be their own problem to face, information/knowledge are being passed on the forum regularly and if you refused to take them you'll eventually pay the consequences one day. As there are threads warning about the use of custodial wallets yet many people especially the newbies, are giving this advice a deaf ear or the common advice saying "don't leaving your coin on exchanges" yet some people aren't listening. When the wallets/exchanges scam them and they lose their assets then they'll wished they took the advice that had been said on the forum numerously times serious.

We can't force people to implement the advices/information that they get. People will choose to do what they want no matter what you advice then so just because some people aren't taking the advice shouldn't make us to stop giving out the advice and passing down the knowledge we know to the new generation of the forum. If one users gets saved from this advices or gains knowledge then we are succeeding as a forum.

Fact is that, bitcointalk have provided us with a platform to communicate with each other and the system is developed in such a way that members are allowed to post replies, comments and helps to one another and if any comments go below forum standard then the moderators will delete such comments as spam.
Anything other than that, is left for the Individual forum members to read and understand each topics and comments to make use of them in reality but not without doing they own research to know if the information shared by another forum member is original or spam posts, so that they don't make mistake in they investment along the line.

There are many steps to get in.

Knowledge. Everyone can learn knowledge if they have attitude to start for learning.
Practice. Everyone, after gaining knowledge, will need to have right attitude to start practicing.

So you see the key is not knowledge but attitude and you can say it is knowledge, belief then actual practice.

They can start by reading this book The bullish case for Bitcoin. If they become bullish after reading, they can start their practice and investment.

It requires discipline to read at least one hour. And it requires discipline to read at least one article on bitcoin and cryptocurrency. Discipline is not easy to acquire and require intentionality. If you look at the bitcoin technical discussion board you will be amazed by how much the frequent commenters there know about bitcoin. They replies are straight forward no bullish beating around the bush. They show a high level of expertise. And anyone can achieve that if they commit themselves to just 30 minutes of reading a cryptocurrency article each day. That is how to acquire knowledge and conquer the technical aspects of bitcoin.

Many people has learned a lot from this forum than books, and some of the comments of the senior members in some trends has created so much impact to those who are ready to learn to improve in the forum, because without you achieve the knowledge there is no way you can improve in the forum.

I guess laziness are the major strong root that is making some members not to be focus on some section in the forum, to learn what will bring benefits to them in the future than to allow others activities to carry their mind away from the forum.

One thing that make me to be more active in this forum is that you are not paying anything to achieve knowledge from professional members in the forum and they are willing to do it with joy to make sure newbies improve.

How did you come to this conclusion, and what approach you used to sum up this assumption, although it is very important to read and understand whatever topics or comments you want to replie to so that you can be on the topic, this is very important.


But saying that high rate of off topics replies/spams are responsible for investors loses is not true, because we constantly warn ourselves not to take any comments as an investment advice so investors are expected to make extra efforts to research and get the right knowledge.

It does not end in reading task alone, we need to understand what we read and why we read such, we can all agree that one of the means that people use in learning is by reading, if we then read, then we must be able to bring out something important and helpful from what we have learnt through that reading we made, if someone reads and fail to practice what he read, then such a person is believed to have only look and not read through and no any form of learning has taken place.

This is not true. There are information or advice shared here that needs not to be sang over and over again before you grab it. I understand the need to be frequently visiting the forum or other crypto niche in other to stay up to date with recent trends, news, security updates and all that, but information like bitcoin volatility, bear season and bull season etc, you don't need to hear it a thousand times before you know what it means.

I find this hard to believe especially if they are active in Bitcoin discussion and wear a signature. For some people, weekly bitcoin payments from signature campaigns is how they accumulate their Bitcoins.

Yes, you can find those persons in Altcoin discussions or bounty threads. They believe that they have missed the opportunity to make profits from bitcoin so they concentrate on finding altcoins that can do x50 in a few months.

There is no need to open an account if all you want is to read without contributing, you can do that as a guest. The forum is a good place to learn about Bitcoin because here you can ask questions and communicate with people who are more experienced in the cryptocurrency world.

There is nothing offensive here, it's just the fact. I know not everyone has retentive memory but forgetting important information related to your investment hours after reading it is certainly health challenge.


This can not be dispute but as far as what they write is useful to the community, there's no cause of alarm. It doesn't matter whether they are practicing what they preach or not. Some people are good in investment tips but they have no single investment while others are also good in trading but they are not regular traders. If the information is not misleading, you don't need to be practicing it before guiding others thou it is good to live by what you preach.


Truth be told, it takes miracle to understand this your post. It's very confusing because there's no clear point of what the post wants to address. At first, I think it's about how users read and forget easily what they read. Reading further, it seems to be talking about how people fail to practice the knowledge gain to improve their investment and lastly, you suddenly change the discussion to inability to acquire valuable knowledge.

However, if it's all about reading and forgetting, check lovesmayfamilis comment for solution because it is likely a brain disorder. If it is about practicing the knowledge you gain to improve your investment, I will say such investor is not ready to benefit from his labor. Wallet security, DCAing methods etc have been discussed here severally and I believe many investors for either long term and short term benefit from this informations. Practicing what you learn is good but it's also a choice. Finally, if it is about acquiring valuable knowledge, this forum is second to none in providing valuable information as far as bitcoin is concerned. If you don't find valuable knowledge here, believe me you won't find it somewhere else. Be precise with your post next time for appropriate response from readers.

OP what you don't know is that some people have been on this forum for a very long time already, they can create content and create good discussions and contributions but they are not Bitcoin investors.

Some people feel that they are better off not investing on bitcoin and they are doing fine in other altcoins investments, being able to deliver on this forum doesn't mean they are pro when it comes to Bitcoin investments or even crypto investments in general.

I would also like to add that reading about mining was how I can build one, I read about mining online and I put it into action, I tried with a single mining GPU, and viola I got it, but that was because I read the instructions very well.

Your observation is based on Bias, some are on here and they don't even engage in discussions at all, they come on here to do the reading and learn from just the reading part only.

The Russians have a proverb: “Looks at a book, sees a fig.” I don’t know how much this can be understood in another language, but about the people the OP writes about, this is a very good characteristic.
In addition, if you have difficulty with information that you read and forget an hour later, this indicates an unhealthy brain, which can be supported with vitamins and dietary supplements to improve blood circulation.
This is in no way cynicism or an attempt to offend, but the impact of absorbing information largely depends on your diet, sleep, and the lifestyle you lead.

By the way, Op, you are confusing the words' readability with the love of reading, or the ability to read correctly. Your definition is suitable for the second meaning, as it is about how comfortable it is for a person to read these or other texts. And it depends entirely on the author, not on the reader.

Not really, the actual reason for spamming is due to the sig spammer who doesn't read anything at all. They just started to write something after reading the topic title alone just to complete their bounty quota but the introduction of merit system filters most of them all these years but now they are trying to be informative just for the sake of getting merit which is good for the forum but for themselves they just write but don't follow anything what they wrote.

This forum is a fountain of knowledge and anyone with an interest to learn, increase their knowledge and apply what they've learnt will becomes their personal choice, although our levels of understanding might be different but if any member is determined to apply what they've learned, then it's very possible. I understand that people have this challenge or attitude of being carefree, even when they learn something valuable they'll not put it into practice, and before long they'll probably forget how to utilize what they've learnt, this is not a good habit. Everybody needs to be proactive in this forum, receive knowledge from experienced members and give back to newbies, then try to practically apply atleast one aspect of what we discuss in the forum, either in the areas of investments or trading.

from a general point of view, the level of knowledge you need to successfully become a great Bitcoin holder isn't a function of how long you spend in the forum or how many post you're able to read throughout the time you'd spent on the forum.  Thier are loads and loads of people that are reading and killing themselves going through the forum reading every piece of shit that aren't great investors. To be a good investor you just need the basic knowledge that's expected of you and then you apply it and that's good enough.

The core knowledge might just be as simple as knowing how to buy Bitcoin, how to store in a safe wallet, which methord to use in buying your Bitcoin and how to set modalities in place such that you can comfortably buy over a long period of time without it affecting your financial and private life in any way. If you're able to get this key fixes right, then you don't have a serious issue to be bothered about and you don't necessarily have to spend all your time reading and exploring every detail you find in the forum. Does reading and engaging in the forum discussion help you become a stronger and I formed investor? Absolutely yes. As a matter of fact, it gives you the psychological ability to holding on to your investment and pushing yourself above certain limits through the motivation you get from others but just reading through threads in itself doesn't just solve those problems and help you stand strong all by yourself.

This is just your biased observation of how people react to informations here in the forum while the actual result might be a very big different from your own knowledge.

Just as the first comment says, your not completely correct with the instance you gave, from my own understanding there is a way the brain is wired, as long as you keep informations flowing from a source into it, it will surely store some in it but that will be in your unconscious state, that means you will never be aware that the informations are stored till a time when it will pop up as need then you will realise the true meaning of no information/knowledge is a waste.

As for the knowledge we get in this forum, a lot of people actually practice them, sometimes even without us knowing that we are practicing the knowledge. Just like choosing a wallet for storage of our assets I believe most now use an open source wallet, and that is as a result of the information we have gathered here.

I just believe that your thinking is very biased based on what your experience or based on your environment. I could give good examples of what same types of threads keeps reoccurring not because they are not learning but because things are expected to repeat themselves because we are humans and everyday people keep testing the same thing and they end up getting the same result hence leading to the same type of questions or post reoccurring. You might also be right with your perspective of why informations keeps repeating itself but you don't have to generalize it.

The realization is that not everyone who knows about Bitcoin is a Bitcoin investor and not everyone who is a cryptocurrency investor is a Bitcoin investor.

Be that as it may, many persons on this forum only got into cryptocurrencies after they learnt how to earn or receive payments with it.
I don't think everyone here who has a wallet or an account on any exchange be it centralized or decentralized is an investor also because being an investor requires more actions towards owning/buying or selling or holding BTC or cryptocurrency for any duration and in any market seasons.

In conclusion, to those who take out time to read and apply the knowledge learnt here, their posts and comments always speaks different and it is easily distinguished from those who spam or just shitpost without any intention to learn or earn or improve on whatever little knowledge they got.

I don't think it is completely true, because even when we read books just before exams, we do get some knowledge and speaking of myself, I also read books last night before the exam. But I don't read because others are reading, I read because tomorrow is an exam haha. Well, the point is while reading, I do get knowledge, info, and stats, and till now I remembered them, not every but the ones that hit my nerves. IFYKYK.

I don't think we should say members here are to build their career in bitcoin investments although many might have built one, as I made my investments in BTC via learning from this forum. But that should not be our main goal, the main goal should be to learn, to get more information about BTC, till now I can ensure there are hell lot of things that I don't know of. The main reason behind members not following the points/instructions/pieces of advice given by expert people on this forum is, they are unable to control their emotions, even if someone suggests this coin is not a good investment (Which mostly not happen here) they will still buy at the wrong price, or make a wrong move. Its not that they unable to get the main point of the post (any post) its just there own human error, means they can't follow due to some reasons what they have been told, like they might not trust fully, they might think they have better plan, they might think the OP is idiot etc. etc.

I could remember back in the days at the college, we barely read our books but only during exams especially when we finds others reading and after reading we still don't grab anything in the head. It was usually one of those dump heads then.

I came to understand that even here in the bitcointalk forum being a platform to build our bitcoin investing carriers, some forum memebers also reads and complies to posts in the platform with the inabilities to acquire practicalizing knowledges for their investments.
So basically they're like once logout from the forum they literally lost those informations shared amongst that's to be a tool for their bitcoins journey.
This is why we're faced with spamming and usually related threads trending in the forum and this could certainly be responsible of the setbacks to some Investors who're unabled to reach a specific height to their bitcoin dream.
This inability to acquire valuable knowledges had also insighted us with fears to acquire technical knowledges indebts to this bitcoin industry.