Topic: Research and Experience, There’s No Other Way! (Read 641 times)
If people think that they want to learn crypto just to make a profit then they think the wrong way, I know that a lot of people think that bitcoin is all about money and they also think that they could earn a lot of money from it but that is not the real essence of bitcoin, there are still many things more than that. On my part, I can say that I am no good about cryptocurrency, my knowledge is not enough to b called a good bitcoiner, experience and knowledge would help you understand the world of crypto.
In order to reach your goal you need to understand research and experience as well as the types of work. If you just don't have the knowledge you should follow the market type strategies and think positively. Fortunate people expect success from every step they take market analysis as well as the attitude of positive expectation leads to success. However, this is not always the case. But a positive attitude helps them to keep going even in difficult times also if the damage does not stop try to eliminate the damage.
It simply we can understand what we do if we all make it in shortcuts. Definitely, there is no magic in crypto, and in just one day we can fully understand it? No, it is impossible. The same thing that we have in our lives, even in our job. You can't simply get the manager position if you have a lack of credentials.
People keep reading, searching, and finding more ideas just to make themselves fully equipped. It is likely we have to acquired also and so in every time we struggle difficulties and losses, we easily understand it and not to blames others instead of ourselves.
That's right, to be successful, we have to keep reading, analyzing, researching, starting to focus on the process of getting results in the future. Not only do we enjoy learning about Bitcoin, but we are also very loving and excited to continue to hone ourselves. People keep reading, searching, and finding more ideas just to make themselves fully equipped. It is likely we have to acquired also and so in every time we struggle difficulties and losses, we easily understand it and not to blames others instead of ourselves.
In my own opinion I think research and experience comes in handy in the crypto space reasons are research keeps one updated or abreast in the working space and experience serves as a guide not letting same same mistakes happen.. I do not believe In shortcuts as it's sometimes do not end well, most times in regrettable conditions. No matter the time it takes to learn exercise the patience to learn and be better at what you do
It simply we can understand what we do if we all make it in shortcuts. Definitely, there is no magic in crypto, and in just one day we can fully understand it? No, it is impossible. The same thing that we have in our lives, even in our job. You can't simply get the manager position if you have a lack of credentials.
People keep reading, searching, and finding more ideas just to make themselves fully equipped. It is likely we have to acquired also and so in every time we struggle difficulties and losses, we easily understand it and not to blames others instead of ourselves.
People keep reading, searching, and finding more ideas just to make themselves fully equipped. It is likely we have to acquired also and so in every time we struggle difficulties and losses, we easily understand it and not to blames others instead of ourselves.
There are NO SHORTCUTS to understanding bitcoin.
There are no shortcuts in life! You can try to shortcut and you will find yourself in unpleasant situation more times than you will have benefits from shortcutting. It's what you learn while you living and trying out different things, and after years of trying what you have is experience, and experience will always tell you start from the beginning, take it slowly, try to consider all possible factors, educate yourself, work hard, be patient and consistent, never quit when it's hard, endure... and if you do everything right you will be rewarded at some point! At some point after months or years, nothing happens over night, or in just few weeks!
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Every year there is a new trend in technology and we need to follow and learn to understand them. For those new to this market, they may win quickly, but they may lose everything they have earned. Even veterans in the crypto market can make mistakes and fail.
Nope that's not it, you don't have to follow and learn every new trend out there. Learning them might be useful but you have to be cautious to avoid giving away your bitcoin to gain worthless piece of shit that would be worthless the movement another trends get the spotlight. Today we're seeing DeFi, oracle, IEO etc making waves all over the industry but it wasn't so few years back as the like of privacy focused coins, ICO etc were the trends.
There's this unpopular opinion that says 'altcoins were design to steal your bitcoin'. The more you look into it the more you see the truth in those words. Most of us would had be better off holding onto our Bitcoin and instead of chasing the alts like we did and ended up having less bitcoin.
The prudent aspect to do is to research an issue if you know it. If you don't do research on Bitcoin, you won't realize anything, experience is a long way off. You have to read more and know more, then you have to work. Then the experience will be better. There is no other option here to get success.
I think all of us would agree on what you said there that there is no shortcut to understanding bitcoin. It really takes time to get to know it and even it's basics. And re-reading some parts would help. It refreshes your knowledge and sometimes, the next time you read it gives you a different point of view.
But given the light of recent happenings, more than anything - bitcoin users need some common sense irl. Newbies are getting scammed left and right. More than understanding the tech they need to learn about keeping their coins secure.
Yep, but they'll surely learn about keeping their coins secure along the way. Experiencing scams, first hand, can surely make one learn a lot and not to make the same mistake the second time around. As they say, learning through experience.
Only by experiencing it for yourself with bitcoin and cryptocurrencies can you see that this is a risky and unpredictable market. Every year there is a new trend in technology and we need to follow and learn to understand them. For those new to this market, they may win quickly, but they may lose everything they have earned. Even veterans in the crypto market can make mistakes and fail.
You will learn from experience and that is the best teaching method you can use in doing trade or investing in cryptocurrency. Experience will be your teacher, school, paper,pencil ,blackboard, chalk, calculator ,etc...here in crypto space to learn basic knowledge regarding bitcoin and other cryptocurrencies.
If your willingness is there and dedication to Really learn before investing,Though there are some exchange now that offers free trading access without using a single amount and you can try making trades losing nothing.Maybe this is a best teacher as well but of course your point is right we need to lose first before we take our prize.
How many traders losses much but yet they continue and now Gaining what they cooked.
Would be better for at least take some time and never rush,because the eagerness will make your target lose.
I read a post the other day asking for tips on how to learn bitcoin without going through the technical stuff (so they can start making profit sooner) and another one looking for a quick way to teach old people how bitcoin works. Here’s what I learned after months of observation and heavy reading on cryptocurrency inside and outside this forum.
There are NO SHORTCUTS to understanding bitcoin. You’ll find crash courses and simplified versions of the technical aspects of bitcoin but those are just to help make complex information more digestible WHEN YOU GO OVER IT AGAIN, not to help you skip certain parts. Yes, you’ll eventually realize that it’s best to re-read the stuff you refused to read the first time (when you thought it’s too much for you). With so many risks involved in cryptocurrency, you would want to know as much information about what you’re getting yourself into as you can. So, taking a shortcut is out of the question.
Think of cryptocurrency as a branch of science, because it’s as big as one. It’s not like a Netflix series that you can binge-watch in one go. Rather, it’s like the entire entertainment industry. Like a college course that takes many years to finish, it will take years of research and experience to master bitcoin. Also, research doesn’t stop as cryptocurrency is constantly evolving. Some of the things you will learn today may no longer apply tomorrow, so continuous study must be part of your daily routine.
Regarding profit, there certainly are various ways to grow wealth through bitcoin. You can invest, trade, gamble, perform tasks, write content, and many more, at least in this platform. But let’s not forget that the primary purpose of bitcoin introduction and adoption is to decentralize the financial system. More than just another income generator, it’s a campaign with a goal. Let’s find a way to contribute to that campaign. I also have a mentor btw so connecting with people who share your interest is also important.
There are NO SHORTCUTS to understanding bitcoin. You’ll find crash courses and simplified versions of the technical aspects of bitcoin but those are just to help make complex information more digestible WHEN YOU GO OVER IT AGAIN, not to help you skip certain parts. Yes, you’ll eventually realize that it’s best to re-read the stuff you refused to read the first time (when you thought it’s too much for you). With so many risks involved in cryptocurrency, you would want to know as much information about what you’re getting yourself into as you can. So, taking a shortcut is out of the question.
Think of cryptocurrency as a branch of science, because it’s as big as one. It’s not like a Netflix series that you can binge-watch in one go. Rather, it’s like the entire entertainment industry. Like a college course that takes many years to finish, it will take years of research and experience to master bitcoin. Also, research doesn’t stop as cryptocurrency is constantly evolving. Some of the things you will learn today may no longer apply tomorrow, so continuous study must be part of your daily routine.
Regarding profit, there certainly are various ways to grow wealth through bitcoin. You can invest, trade, gamble, perform tasks, write content, and many more, at least in this platform. But let’s not forget that the primary purpose of bitcoin introduction and adoption is to decentralize the financial system. More than just another income generator, it’s a campaign with a goal. Let’s find a way to contribute to that campaign. I also have a mentor btw so connecting with people who share your interest is also important.
You don't actually need to master something just to gain profit from Cryptocurrencies. Bitcoin along with other Cryptocurrencies just needs basic understanding on how to complete tasks pertaining about them. Joining different kinds of campaigns within the forum and along social media platforms can give you a nice amount of Cryptocurrencies. Its true that learning has no shortcuts but experiencing them will be the best teacher to have. Understanding Bitcoin will come with time since you will always read about it anywhere.
Research has helped many Bitcoin users to get it right in their achievement.
Ways which research has help us to get it right in bitcoin are :
1) Can it work in this way: research show where and how it can work when it come to investment.
2) Environment: is one of the way research can show us in cryptcurrency, the actual place to trade your coins.
Ways which experience has helped us to get it right in Bitcoin are:
1) low profit: Base of the wrong time many people has invest cause them low profit .
2) Wrong place: many people invest their coins in a wrong place, thinking they invest in the right place cause them scam.
Ways which research has help us to get it right in bitcoin are :
1) Can it work in this way: research show where and how it can work when it come to investment.
2) Environment: is one of the way research can show us in cryptcurrency, the actual place to trade your coins.
Ways which experience has helped us to get it right in Bitcoin are:
1) low profit: Base of the wrong time many people has invest cause them low profit .
2) Wrong place: many people invest their coins in a wrong place, thinking they invest in the right place cause them scam.
Even though understanding is very necessary in every thing one decides to do, I believe we can always limit our understanding to the most important aspects. In the case of bitcoin what I needed to know most were:
1. What is it?
2. How does it work?
3. What are it’s merits and demerits?
4. How useful is it to me?
5. How do I get it?
Most of the times, we do not need to know everything. A little above what meets our needs is always okay.
1. What is it?
2. How does it work?
3. What are it’s merits and demerits?
4. How useful is it to me?
5. How do I get it?
Most of the times, we do not need to know everything. A little above what meets our needs is always okay.
I agree, but when you go deeper and explore your opportunities with other alts, you need to know more than the basic information. But to start with your crypto journey, those above questions will guide you on how to acquire those info. Because if you overwhelm yourself with things you want to know, it will not be healthy in my opinion. As you will tend to make mistakes in your decisions and overlook important things that you need to consider in the first place.
Bitcoin will be hard to understand starting from the technical aspect of it, it's good as a start up. That's how I start too. But I suggest to not limit your knowledge about this technology, specially if the knowledge you can learn are everywhere—just like in this forum, its literally everywhere.
If you already know the basics and wanted to start being involve with it, then the best thing you would do is to continue learning about it. Continuous improvement for everything we do in life.
When you engage into something, it is not that instant that you are good from the start. You need to understand a lot of things, you need to deal with the risks, and understand how it works in the market. If you are knowledgeable about the use and utilization of cryptocurrency, you will not become confused about the purpose of your investment to it. I just don't really understand why people are making bad reputation about bitcoin without understanding it.
But given the light of recent happenings, more than anything - bitcoin users need some common sense irl. Newbies are getting scammed left and right. More than understanding the tech they need to learn about keeping their coins secure.
what about research ? experience mostly happen on the past . you dont need to get stuck on that past learning arent you ? but you need to research new things to grow .
Researching new things to improve is a very important one to do. research gives good results and gives you insight into what is being researched.experiences to remind events in the past so they don't happen again and Research prepares you for the future to know what to do.
The crypto world is very complex and has all kinds of different problems and solutions.
Many people experience failure when investing in Bitcoin, this happens because of lack of experience and research.
Therefore, if you want to succeed, there is no other way apart from doing some research first to be able to make
a profit when investing in Bitcoin. Never be lazy to do research every time you invest, not only in Bitcoin, but investing
in altcoins is also very important to always do your research. After doing your research, do as much practice as you can
to gain experience.
Therefore, if you want to succeed, there is no other way apart from doing some research first to be able to make
a profit when investing in Bitcoin. Never be lazy to do research every time you invest, not only in Bitcoin, but investing
in altcoins is also very important to always do your research. After doing your research, do as much practice as you can
to gain experience.
Its important to gain knowledge in anything you're getting into, its the key to understand better the nature of the investment (regarless what field it is) so you can make your own decision of engaging yourself on it or not. On the other side experience is the best teacher for us to succeed, there's no shortcut to earn and we need to experience how to lose sometimes in order to understand the things that we need to do the next time.
IMO you don’t have to be a genius in order to create and receive a transaction, and make a profit. You just have to learn the basics THEN you can expand from there. The points in the OP is good, and should be noted by newbies who are seeking for immediate gratification on their efforts in using bitcoin.
Indeed. We dont need to become an expert, as long as you know the basic things it will start from there. Your experience will teach you to learn further. 
I agree with this that research and experience is the key for you to master Bitcoin and all of its contents.
With that, I will just add that having a mentor will shorten the time frame that you may use to learn all of it. Add it with the research and experience then it will be a good formula for success
. Lucky for those who have mentors since they will know Bitcoin easier. In my part, I just learned Bitcoin myself. I'm just lucky that I know already the basics of it and don't want to learn the complex things anymore. Learning the basics of it is enough for me at least.
With that, I will just add that having a mentor will shorten the time frame that you may use to learn all of it. Add it with the research and experience then it will be a good formula for success
. Lucky for those who have mentors since they will know Bitcoin easier. In my part, I just learned Bitcoin myself. I'm just lucky that I know already the basics of it and don't want to learn the complex things anymore. Learning the basics of it is enough for me at least. Jump to: