Topic: Without money, the knowledge is a waste - page 3. (Read 1278 times)

That's likely to happen when you hire someone to run your investment as well as manage your money, and the difficult part is you don't know if the one you hired is keeping some money or cheating on you as you don't have knowledge.That is really difficult if you just have money but no knowledge, though others are really doing this, but at the same time they are going to school, so if they already learned, then that is when they take over. It is really difficult to rely on someone right now, and it is really better that you are the one doing it.

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Is it that you don't wish to buy bitcoin or that you are not ready to buy bitcoin because there are many people here who use the money they earn in the forum to buy bitcoin? So since I don't advise someone to buy bitcoin and you are already knowledgeable about how bitcoin works and other necessary things to know about bitcoin investment, if you wish to hodl bitcoin, you can use the money you get from these forums to do so. Many of us use the money we get from signature campaigns to hodl our bitcoin, and then we use the money we get from real life to do all the necessary things out there.

However, if you also need it, you can think about it and see if you can buy some Bitcoin by that means. If not when you said you just felt waste of effort, which sounds like what you are doing is not legit or a scam since I believe it's only what does not use you that you can suffer, and one day you won't reach out for anything from what you have suffered for. Those are the things that can only make you say your effort is wasted, which in bitcoin is not like that; you may even gain more than what you have invested.

You sound more of a kid man. How can advise someone to focus on money without knowledge. Do you not know that it takes knowledge to get that money itself. Do you not know that money itself requires the possessor to be well educated and knowledgeable to sustain it. Ofcourse you are right when you say peoples qualification on social media these days is based on the volume of money they have in their bank account or the physical presentation of their wealth in display but do not forget that those people got knowledge before that had amassed such wealth. It is also true that money stops nonsense and money is powerful.

The current social system has become such that people now select people's qualifications according to who has how much money. Educational qualification or knowledge is not valued now you have money then you are qualified person. A man with money is now sitting in a worthy place where an educated person should sit. If you have money, there is no shortage of people to give knowledge, so it is important to earn money. I believe about 90% of the world's work is possible through money. Even the legal system can be changed if you have enough money. So we should not only run for knowledge but also think about how to earn money along with knowledge. Because money is the first importance in life.

Between money and knowledge both are equally important. But of course with science, we will potentially be able to make money by utilizing the knowledge we have. But if we have a lot of money but very little in knowledge then this will be at risk of making it easier for us to lose our money because of our inability to manage finances.

Then so is the concept in investing and trading bitcoin and crypto. having a lot of insight about bitcoin and crypto and all things financial governance is of course very important. Even if you don't have the money yet. then we can hold a paid learning class. actually I have acquaintances who do it. actually he used to have a lot of money. But he has lost money because he got involved in a fraudulent project. It was only after he ran out of money that he realized and started learning more about crypto. Until he is really insightful and understands all the theories about crypto trading and also about bitcoin investment and insight about bitcoin itself. But on the one hand, when he wanted to start practicing the insights he had, he couldn't because he didn't have enough money to do it. until finally he took the initiative to open a paid class on Telegram. I still remember at that time the number of people who signed up for a paid telegram class was only about a dozen people. And he gets capital from it. And it is reported that currently the people who are taking paid classes have actually opened their own study classes and have their own crypto analysis telegram channel which provides trading signals and fundamental news information every day.

I assume you got it all wrong mate. Knowledge is very important because it would aid you sustain your money. How do you feel getting all the money you want and no knowledge to retain them. It is more or less you being at square zero. So i would say this, go for knowledge as it would bring you the money you long anticipated to have if you got the opportunity of doing that.

If sourcing for knowledge seems difficult for you, there are meaningful skills out there which is still part of the knowledge to acquire in self development too. With this, you can be able to acquire the money you desire as a result of the knowledge you have gained.

I thought there were ways where we can just acquire knowledge  and just start making money with it 😁
One funny thing is that most persons countering my opinion  are just seeking ways to bend me to their angle and just believe that knowledge  isn't a waste without money.
Firstly I was emphasing on bitcoin  and cryptocurrency  in general but later people started generalizing everything and making it seem i was condemning having knowledge  which isn't right.
Now I also want to know if the knowledge  acquired was free or paid for in some form because one thing i know is that as long as bitcoin  is concern, money is paramount but we need knowledge and not just knowledge  but GOOD knowledge  to compliment the money.

Learning is life and it is essential. First, so that the brain does not soften. Then because it's fulfilling. Then because he has so many areas to learn. Learn how bitcoin works when you have no money to invest? But as people have said before, you can earn it too. Not to mention signature campaigns, imagine setting up a training to teach others or even a business that would accept bitcoins? If you think bitcoin has a future, then yes it is essential to learn. A little every day.

I remind you that there are still people who started from nothing, who worked hard to learn and ended up getting there. In another area, I am thinking of actors who, for some, learned a long time before having the role of their life. Perseverance is important.

You don't need to circulate around the bitcoin economy or the crypto currency itself only instead you can use your knowledge to gain money in other way for example selling your skills or services into different platforms or group on that way you can earn a money to buy a bitcoin on those things you need to get wise there's no one just sitting around and earn money without doing anything at the first.
Improve the skills and let those skills makes you more money to buy bitcoin.

Money is vital when investing in bitcoin, but you can't let that as your driving force if you don't have the requisite knowledge about bitcoin and crypto. Every crypto investor needs both the capital to invest in crypto and the knowledge to know when to buy or sell.

An investor in crypto can't choose one and ignore the other, thinking that the one(money or knowledge) is enough for him. He needs both to succeed in crypto investments. 

Knowing about crypto without investing is a waste as you assumed, so having money without knowledge of crypto is a serious error that a crypto investor would rather avoid. We sincerely need both to strive in cryptosphere.

Are you actually being frank with yourself or what?
My question  said if you'll prefer  being a rich investor  with minimal knowledge and minimal knowledge  in this context simply means that the investor already has the basic  knowledge  of buying low and selling high or rather choose to be a knowledge  guru with all the knowledge  of the market and some other complicated issues and yet  not have any investing power (money) which will.you be?

I rather choose to be a very rich investor who can afford at least 10btc and still afford to high the best bitcoin  and cryptocurrency knowledge guru who will wait till end of contract before being paid by me which I already have an investment  of about 10btc in savings, and now I will be flourishing  in  profits while learning and this feeling alone will definitely make learning  easier for me.

It is a question with little sense, because if you have millions to invest and you don't have the minimum skills to manage them, then you will have to rely on a professional who manages your assets or you risk losing everything.  While if you have the skills but very few funds you can always aspire to grow your savings.  So I personally prefer the second option.

Can  we all pause for a minute and stop making things seem complicated. My topic was referring to bitcoin  and not life in general and I also believe that knowledge  is power and the power of knowledge  can only be felt when its been put to active practice.
In bitcoin , all one needs the basic knowledge  of buying low and selling high to succeed in the industry and  if you'll agree with me that rhe most successful people bitcoin  industry  isn't people with all the knowledge but no money to invest but rather people with the basic knowledge  of buying low and selling high who have the money to invest.

If you're given the opportunity  to choose between  being a  rich investor  with minimal knowledge  and a knowledge guru with absolutely  no money to invest,
Which will you prefer to be ?

People cannot do anything without money because in this age everything becomes possible with the help of money. Profit is only possible if you have the power of money and you use that amount for your successful future. Signature campaign provide good sum of profit if you can do it and become successful in getting profit then save that amount in a form of investment so you will easily manage the risk as you already know well about crypto market. First utilize your knowledge in that project of crypto which provide a signature campaign then utilize your actual ideas by holding a best coin to enhance the rewarded amount.

I couldn't agree more. Knowledge is a power and a tool to help ourselves rise from the current situation we have and make our lives somehow comfortable in the next few years, there's no such thing as knowledge is a waste without money because with that knowledge, you can almost start with everything as you have the power to search for the ideas and what to do to make your situation better. Now, if you currently cannot afford bitcoin, you can always buy a fraction of it or start with altcoins that can give you profits then turn those profits into bitcoin.

This is true, money is made of knowledge, and if we cannot use knowledge to make money, then we are useless, not knowledge is useless. Knowledge is power, the premise to create all wealth in this world, I have not seen anyone without knowledge earn money unless they are a parasite from their family. But if they have no knowledge, even if they have a mountain of gold, it will soon disappear. Knowledge is never wasted or meaningless, if we do not earn money, we are using it in the wrong way.

Everyone needs evidence inother to clear the air that you're highly educated and knows how the entire space operates, what coins to buy during the bear season and when to sell when the bull season finally comes.No knowledge is waste here, we only lack the information that would lead us straight away from poverty. Knowledge is everything,  an investor can have everything within his range, but can not invest without solid knowledge about cryptocurrency, even though he tries, he would end up liquidating his trading accounts which is never a wise step to take when one is probably into investment. 

knowledge is power and no form of knowledge acquired is a waste, it may not be useful immediately but it will be useful definitely one day.

I completely disagree with you on this OP, I'll advice you do not put up things like this so as not to confuse the beginners, it's best to acquire as much knowledge as you can, you may have an opportunity where you share your knowledge with people and the pay you real good.

Why not use that knowledge to generate income?  What for is knowledge if we are not able to use it to produce money?  So even without money if we have the knowledge we can easily look for opportunities and gets qualified for the job because of knowledge.  There are lots of successful people that started from zero and yet they are able to become rich of of their innovative ideas in terms of making money by either looking for jobs or offering services.  Those who claim to have knowledge but failed to produce anything don't have the right knowledge at all.  Or more probably they are making excuses for why they can't do things.

I understand what you're talking about. Knowledge and money is a bicycle with two pedals. You have to rotate both. If you have money but no knowledge, you may get lucky a few times but end up losing money. Because trading or investing without knowledge is a mandatory loss of money. Just like knowledge without money is meaningless until you have the necessary amount to start.
In general, if a person knows a lot about bitcoin, this does not mean that he should buy it. But if a person buys bitcoin, then he should know about it. And the more the better