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Topic: Why full time to crypto why not to Skills (Read 1872 times)

newbie
Activity: 70
Merit: 0
June 22, 2023, 02:53:26 AM
Bitcoin adoption rate is increasing at an extremely impressive rate. In 2013, 1,789 businesses accepted Bitcoin. As of December 2018 there were 14,346 BTC-accepting locations globally, a whopping 700% increase – indicating that adoption is steadily growing and will continue to do so throughout the years to come.
member
Activity: 785
Merit: 34
SOL.BIOKRIPT.COM
Dear community I have researched almost % of people's stepping towards crypto without any proper training and attention and losing their money for greedy mind...
Why peoples are not attention to Skills (e-commerce, freelancing)
Wanna suggest a little bit of your time to spend in learning skills and improve your mind strength+💰🤑

In this case many are called few are choosen so they say, but in my own case i do both side of hustle lets call it that way, e.g am into transportation and also trade the crypto and forex market, many has come to the point where as any legit means to make money or will say make a living, that opportunity is grabbed without any waste of time.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
Investing in crypto platforms entails risk.
I think there's already a selective thought when people say that they're investing in crypto platforms. Like it's not specific but most likely it's attaching to those platforms that are likely a scam. That's just based on my observation when I've talked to my friends and they've said they invested to a crypto platform that earns them money, actively and passively.

Learning about investing is more important than investing because if you have an idea, you can do anything with that idea later on. So one should first know about something and then do that.
At start, it requires someone to learn what he's doing as we need to take care of our money and how we'll grow it. I agree that learning is what should one focus first before the actual investing.

But there goes those new investors that just took the path of investing asap and just learned everything through the process.
sr. member
Activity: 1386
Merit: 406

Riskless investment is not possible because there must be risk in investment if the person who has enough understanding about investment invests, the amount of risk will be less and if the person who has no idea about investment invests then the amount of risk will be high but there will be risk in investment because sometimes someone is confirmed. If you can get an idea about investment and know about the right rules and regulations of investment and have a good understanding of the market, then the amount of risk in investing is very less. It is very important for every investor to get educated about these investment topics.

There is no guarantee in investment whether for person who understands the investment or not, the difference is that for who has knowledge is able to know the rules like when investing in pump and dump coins, the risk is still there if he is not fast to take the profit made before the dump. Likewise when invested in btc, it is not easy to know the exact mark of ATH and that is why at ATH you see some investors buying with the wrong believe that the bull is still on. The risk are there but it is wiser to follow rules.
Investing in crypto platforms entails risk. But there is no question of taking undue risks. A risk that is likely to lose my money for sure. Why should I take the risk unnecessarily? That is, those who have no idea about investment or no experience about the market, if they invest, then I think it is worthless to invest because they invest without understanding any indication of when the market will go and cause the loss of their own money. Learning about investing is more important than investing because if you have an idea, you can do anything with that idea later on. So one should first know about something and then do that.
sr. member
Activity: 2366
Merit: 332

Riskless investment is not possible because there must be risk in investment if the person who has enough understanding about investment invests, the amount of risk will be less and if the person who has no idea about investment invests then the amount of risk will be high but there will be risk in investment because sometimes someone is confirmed. If you can get an idea about investment and know about the right rules and regulations of investment and have a good understanding of the market, then the amount of risk in investing is very less. It is very important for every investor to get educated about these investment topics.

There is no guarantee in investment whether for person who understands the investment or not, the difference is that for who has knowledge is able to know the rules like when investing in pump and dump coins, the risk is still there if he is not fast to take the profit made before the dump. Likewise when invested in btc, it is not easy to know the exact mark of ATH and that is why at ATH you see some investors buying with the wrong believe that the bull is still on. The risk are there but it is wiser to follow rules.
sr. member
Activity: 1386
Merit: 406
~~snip~~

Crypto trading must be viable for the long term in order to survive. If you want to be associated with it then you must first know and master the subject to the maximum. So if you want to invest risk free, it is very necessary to analyze different parts of the market and gain some knowledge about trading. It is possible for you to complete this trading and reach the goal of earning profit but you must work with patience. So at the beginning of the training, you have to get some idea about cryptocurrency, then after analyzing the market, there is no risk of loss if you invest.
Riskless investment is not possible because there must be risk in investment if the person who has enough understanding about investment invests, the amount of risk will be less and if the person who has no idea about investment invests then the amount of risk will be high but there will be risk in investment because sometimes someone is confirmed. If you can get an idea about investment and know about the right rules and regulations of investment and have a good understanding of the market, then the amount of risk in investing is very less. It is very important for every investor to get educated about these investment topics.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
~~snip~~

Crypto trading must be viable for the long term in order to survive. If you want to be associated with it then you must first know and master the subject to the maximum. So if you want to invest risk free, it is very necessary to analyze different parts of the market and gain some knowledge about trading. It is possible for you to complete this trading and reach the goal of earning profit but you must work with patience. So at the beginning of the training, you have to get some idea about cryptocurrency, then after analyzing the market, there is no risk of loss if you invest.

Gaining the knowledge will allow you to increase the chance of making money from this industry, we know by the fact that investing to this trading market always have the risk behind, but like what you mentioned if you have the right sets of skills and knowledge the chance of making a good amount of money will be possible to achieved.

Not all who work inside this industry managed to earned and in most cases there are many who lose their investment because of lack of information and lack of ideas if how the market works.
legendary
Activity: 2450
Merit: 4295
eXch.cx - Automatic crypto Swap Exchange.
Trading itself is skill. if you learned well, then you can earn a good amount by applying different strategy. I am also against full time to crypto without learning but giving full time to crypto to learn is worthy and you can earn more than many skill. As a newbie Investing is just buy and hold and you don't know the peak point and lower point and also you don't know which coin to be invest in this point but when you become professional you can make daily 100$ easily just buying and selling but now you will not buy blindly because you are already familiar with market behavior which told you how much to invest, when to invest, which coin to invest and when to exit.

Trading is a skills no doubt but since you're already investing in the market, there's no reasons to centralized all your activities in cryptocurrency as the volatility of the market can go against you at any moment. You should learn to diversify so you're covered in all market conditions. I won't choose trading as a skills over other more reliable skills like Data analysis and other Data/AI etc relating skills that provided you have undergone training and have a certificate to justify your qualifications, you can be put on a salary that'll be life-changing when you get the Job irrespective of the country you're residing at.

Investing in Bitcoin doesn't require you to know everything about it like the peak or bottoms, you're not a trader so none of that should be your concern. As an investors, you just have to buy and wait for your investment to increase in price and gives you profits when you sell. What you explained is one to the things newbies get wrong when investing. They always want to time the market to get the bottom but they shouldn't be bothered about that, they can simply use dollar cost average investing strategy and get a fair deal when buying (investing).
sr. member
Activity: 700
Merit: 380
🎗️🍁🎭
~~snip~~

Crypto trading must be viable for the long term in order to survive. If you want to be associated with it then you must first know and master the subject to the maximum. So if you want to invest risk free, it is very necessary to analyze different parts of the market and gain some knowledge about trading. It is possible for you to complete this trading and reach the goal of earning profit but you must work with patience. So at the beginning of the training, you have to get some idea about cryptocurrency, then after analyzing the market, there is no risk of loss if you invest.
jr. member
Activity: 38
Merit: 2
Blockchain and cryptocurrency – is it possible to think of one without the other?
 Here are some isolated thoughts on how to separate blockchain and cryptocurrency.  We pretty much know that blockchain is a decentralized ledger that will ensure the ownership, transfer or authenticity of anything.  So anything from public records, health records, land deeds, certificates to anything that has a chance of forgery or fraud, blockchain can be a solution
I was able to understand your idea, and I would like to clarify an important point that you may be missing; The blockchain network in its current state cannot handle the huge amount of data that we do with servers. If you notice a little bit, creating tokens and encrypted currencies on the blockchain is almost the best that can be done today, waiting for updates to develop on the network. Networks that develop smart contracts can provide many innovations, but in any case, cryptocurrency cannot be dispensed with to confirm the smart contract on the network. This means that it is almost impossible to separate the blockchain from cryptocurrencies until further dev updates.
It is impossible to isolate the platforms under blockchain from the world the day the satellite internet is removed from the earth, but I think the day the internet and satellites no longer exist on earth, the world will be destroyed.
jr. member
Activity: 38
Merit: 2
A guy said like this is it true he said like this, recently a few days ago I got a mail from Binance in my email box saying that some of my blog chain addresses are going to expire and asking me to retry new deposit address Binance apps go ahead,
 So if his deposit address is expired and if he has generated new address then I think he should deposit to new address instead of deposit to old address otherwise fund may disappear.  So my advice would be to deposit the new address.
hero member
Activity: 2338
Merit: 757
Blockchain and cryptocurrency – is it possible to think of one without the other?
 Here are some isolated thoughts on how to separate blockchain and cryptocurrency.  We pretty much know that blockchain is a decentralized ledger that will ensure the ownership, transfer or authenticity of anything.  So anything from public records, health records, land deeds, certificates to anything that has a chance of forgery or fraud, blockchain can be a solution
I was able to understand your idea, and I would like to clarify an important point that you may be missing; The blockchain network in its current state cannot handle the huge amount of data that we do with servers. If you notice a little bit, creating tokens and encrypted currencies on the blockchain is almost the best that can be done today, waiting for updates to develop on the network. Networks that develop smart contracts can provide many innovations, but in any case, cryptocurrency cannot be dispensed with to confirm the smart contract on the network. This means that it is almost impossible to separate the blockchain from cryptocurrencies until further dev updates.
hero member
Activity: 1470
Merit: 555
dont be greedy
Fristly, if you don’t have a good knowledge about crypto currencies world, you will not invest in crypto.
Many people who are unfamiliar with cryptocurrency may receive investment offers with high ROI promises and decide to invest immediately without proper research. As a result, they can fall prey to scams and end up losing their money.

Secondly, by getting more knowledge about crypto, you can earn a lot of money and gain the crypto world. On the other hand, by learning  Skills like e-commerce, freelancing are good for us to income out sourcing. If anyone has deep knowledge about e-commerce and freelancing, then he will earn a lot of money.
If you think that's all it takes, it sounds too simplistic. The reality is that the world doesn't always work the way you imagine it to be. In order to achieve financial success, there are many other variables that come into play.
These include working hard, making smart decisions, building strong relationships, taking calculated risks, being adaptable and flexible, maintaining discipline, and having the right mindset. Consider it so that your chances are greater to acquire a larger sum of money.
sr. member
Activity: 1694
Merit: 299
Having a job that brings steady income is one of the best security to the price volatility of the market. I'll rather invest in acquiring some skills and it has to be focused on blockchain technology than go full time into cryyptocurrency which involves trading. As an investors you can just buy and hold Bitcoin while you keep on learning (acquire the skills).
Trading itself is skill. if you learned well, then you can earn a good amount by applying different strategy. I am also against full time to crypto without learning but giving full time to crypto to learn is worthy and you can earn more than many skill. As a newbie Investing is just buy and hold and you don't know the peak point and lower point and also you don't know which coin to be invest in this point but when you become professional you can make daily 100$ easily just buying and selling but now you will not buy blindly because you are already familiar with market behavior which told you how much to invest, when to invest, which coin to invest and when to exit.
To sum it all up, you mean that one should first go for learning skills before they try and become full-time traders, it is true and I also think that way. A newbie might think that it is too easy to become a trader as all it needs is buying low and selling high but it isn't as easy as it may sound, there is a lot that goes in between that buying and selling.

If it was actually that easy to earn money through trading, every single trader would make a fortune for themselves in no time, but it doesn't always work the way we think it may, and learning skills first helps us a lot in our trading journey.
hero member
Activity: 812
Merit: 619

Having a job that brings steady income is one of the best security to the price volatility of the market. I'll rather invest in acquiring some skills and it has to be focused on blockchain technology than go full time into cryyptocurrency which involves trading. As an investors you can just buy and hold Bitcoin while you keep on learning (acquire the skills).

Trading itself is skill. if you learned well, then you can earn a good amount by applying different strategy. I am also against full time to crypto without learning but giving full time to crypto to learn is worthy and you can earn more than many skill. As a newbie Investing is just buy and hold and you don't know the peak point and lower point and also you don't know which coin to be invest in this point but when you become professional you can make daily 100$ easily just buying and selling but now you will not buy blindly because you are already familiar with market behavior which told you how much to invest, when to invest, which coin to invest and when to exit.
legendary
Activity: 2450
Merit: 4295
eXch.cx - Automatic crypto Swap Exchange.
Not having to wire but hope to make huge profits like 10x or even more is the hope of most individuals in our world today.  This seems a means in which, regular forks could make proper use of the Internet and with the fact that holding bitcoin for a long time offers promises of profit, it becomes a target.
Many don't which to go through the stress of having to learn a useful skill but hopes to wait and let the money work for them.

Investing in cryptocurrency looks more flashy while learning a skills looks boring and that's what attracts them to cryptocurency but people are forgetting that boring business are one of the best businesses. With a skills in blockchain, you can easily get hired and be receiving more than $80k yearly and that's a good pay which can give you the capital that you needed to invest in Bitcoin and have rest of mind while doing so because you won't be filled with fear of the market crashing and you losing your investment like majority of the investors are, whenever there's a correction I the market.

Having a job that brings steady income is one of the best security to the price volatility of the market. I'll rather invest in acquiring some skills and it has to be focused on blockchain technology than go full time into cryyptocurrency which involves trading. As an investors you can just buy and hold Bitcoin while you keep on learning (acquire the skills).
hero member
Activity: 1036
Merit: 674
Not having to wire but hope to make huge profits like 10x or even more is the hope of most individuals in our world today.  This seems a means in which, regular forks could make proper use of the Internet and with the fact that holding bitcoin for a long time offers promises of profit, it becomes a target.
Many don't which to go through thep stress of having to learn a useful skill but hopes to wait and let the money work for them.

Sadly, it's not always that way as, market conditions can fluctuate at any time and would take a while to regain.
Also, you might have to be ready to exercise a great deal of patience and not mess ideas up becuase of little pumps.
sr. member
Activity: 1007
Merit: 279
Payment Gateway Allows Recurring Payments
Dear community I have researched almost % of people's stepping towards crypto without any proper training and attention and losing their money for greedy mind...
Why peoples are not attention to Skills (e-commerce, freelancing)
Wanna suggest a little bit of your time to spend in learning skills and improve your mind strength+💰🤑
because most people entering newly in crypto don't know that they need skills also to survive in crypto world. they think only inevesting in crypto will make them rich without doing anything else. but they'll end up loosing all their money and at the end they blame bitcoin and crypto and call it a scam.
even freelancing and ecommorce have huge scope in crypto. you can make good sum of money doing freelancing for crypto and bitcoin. but most people tend to ignore this and keep chasing shortcuts and easy ways to make money.
sr. member
Activity: 700
Merit: 380
🎗️🍁🎭
There are many people nowadays who think that investing in crypto is the only way to make a profit. When they come to invest with this greedy mind mentality, they invest without acquiring good skills. And by investing money without knowing about investment and market, later they face loss and lose their money. Most people take such wrong steps and later learn from it. They don't want to master the skills in advance If the newbies master the crypto before investing then they won't lose in the future. So before investing it would be better to get fully skilled and invest later and everyone needs the mindset to understand this.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
Dear community I have researched almost % of people's stepping towards crypto without any proper training and attention and losing their money for greedy mind...
Why peoples are not attention to Skills (e-commerce, freelancing)
Wanna suggest a little bit of your time to spend in learning skills and improve your mind strength+💰🤑
I agree that there are a lot of newbies who lack the necessary skills and knowledge to use their cryptocurrency wisely and probably they'll lose what they earn because of dumb mistakes. However, I'm certain that there are also many intelligent members who use Bitcoin and make significant profits through trading or freelance work paid in BTC.

I'd really recommend that people invest their time in learning valuable skills because every second counts in life. If you waste an hour doing nothing, someone else could earn thousands of dollars in that same hour and It's really important to keep that in mind.
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