Topic: Without money, the knowledge is a waste - page 4. (Read 1278 times)

You are absolutely correct; nevertheless, without knowledge, just to have money is useless. For instance, the majority of my friends always ask me how I manage myself to survive. They are not educated, so when I tell them that i invest in cryptocurrencies, they are completely baffled as to what that is. I then explain it to them using their knowledge to help them understand, but by the time I'm done explaining it to them, they are regretting the fact that they are not educated to begin investing like I do for a living. Since they would invest their money if they were educated, it is therefore very beneficial to acquire knowledge so that we can use it to create money.

I don't think that can be said to be completely wrong either, because to achieve the knowledge we want also requires money, even though it's a little, we still need money. I think it's impossible if we don't spend even the smallest amount of money.

Because actually money is the initial foundation for achieving goals, I think it's nonsense if they learn to get more knowledge without spending money. If we go to school logically, we also need money to study.

That's true mate, being very knowledgeable about Bitcoin and all investment general is actually good but it will be a total waste of time and energy after making so much research and becoming more knowledgeable about investment and you don't have money to kickstart the investment in other to put your knowledge on practice, so I believe that without money all your knowledge is total waste because is through money you can invest and put your knowledge to work.

There should be a provision or means of saving even as little as it is, within months you could save up something to start with, you could imagine what you would stand to achieve being knowledgeable and having some money to start with.

Both money and knowledge are very important to manage life, so people need knowledge along with money.  Not everyone can feel the real value of knowledge, knowledge is something that has a lot of value in itself.People are improving day by day by using knowledge.  Real power of man is his knowledge if one can manage his knowledge properly then one can reach success in life.Your actual power is involve in your brain. you can use your brain properly that's why you can understand what is your actual power.Money is also power for life but most important power is knowledge.Knowledge can also be motivation to achieve goals which can show specific path to achieve their goals. No knowledge in the world is wasted, some time knowledge will be useful.  Bitcoin investment requires knowledge just like money.

Some part of OPs point is valid, there are countless ways anyone can make money in this world, it doesn't have to be you having some money first before you can make more money, there is a man who knows only how to donate his sperms for dollars and man, he is very good at it, assuming I have no money on me right now, I can decide to work under someone for some monthly salary and use that salary for something else, every first money we are going to get paid requires a service...

Some starts with using money.
Some starts with using strength.
Some start with using just their brain and some starts with using their bodies.

I agree with the point that we have knowledge without money to invest it is wasteful because our aim is to make money, and if it does not help us to make money, then it is useless. But I have not seen anyone with knowledge without money, I mean, we study hard and cultivate knowledge to make money. So it's confusing if a knowledgeable person can't make money. Like your example, if you have market knowledge but you don't have money, you can also make money by participating in forum signature campaigns to earn money. Therefore, real knowledge will not be wasted if we know how to exploit it.

No, knowledge is not a waste without money. In fact knowledge an be a valuable asset that can help you acquire money in the future. While money is important for meeting our basic needs and achieving financial security, knowledge can help us develop skills and expertise that can lead to success in our careers and personal lives. By acquiring knowledge, we can learn a new ways to solve problems, identity opportunities and create value. We can also develop critical thinking skills, improve our communication abilities, and enhance our creativity. These are all skills that are highly valued by employers and can help us achieve financial success. Knowledge can also bring us personal fulfillment and happiness. Learning new things can be intellectually stimulating and provide a sense of accomplishment. It can also help us better understand the world around us and make more informed decisions. Therefore while money is important knowledge is a valuable asset that can bring us success and happiness in many different ways.

You’re on point mate. While knowledge is substantial for a successful investing or trading, having sufficient amount of funds is undeniably of high importance too as you can’t initiate your first buy if you don’t have the means for that. So having knowledge without enough resources to invest is certainly pointless. I would even prioritize to obtain a lot of funds at first so I can start investing and just start learning throughout my experiences in the crypto market. That way, there’s no reason I would still missed golden opportunities in the crypto market.

If there's a will, there's a way.

I doubt that a certain person who knows much about cryptocurrency will not gonna make a way to earn money in any good ways. If I were that person, I would convince someone who has money to fund my knowledge about cryptocurrency and get a 60:40 at first, then if I saved enough money to start on my own, I'll go solo, simple as that. There's a lot of ways actually if you really want something, you just have to do it.

I understand that the OP is saying knowledge is important and necessary, and it cannot be replaced or ignored. This is absolutely true, because knowledge not only helps us solve problems intelligently, but also helps us better understand the world and life. It is clear that in life we ​​waste a lot on things that really have no meaning, indulging in games and entertainment that are depraved and have no value for ourselves or those around us, like the old saying. the story of a frog locked in a well, it can only know in that well and not understand the whole world outside. Wasting your own time because of ignorance, human life is born grow up, grow old and then die, live a life that is more meaningful to others instead of satisfying personal interests.

Your notion of knowledge trumping money rings true in scholarly circles, where enlightenment is important. Yet, we cant disregard capital' crucial role in gaining and employing knowledge. Funding shapes research's breadth and depth. While the conventional cycle of learning, job, and wealth creation is well-established, let's remember it only thrives where education is both affordable and attainable—a luxury beyond many's grasp, despite the universal hunger for wealth.

Enter Bitcoin. It has rewritten our financial rulebook. No need for a PhD in economics or investing acumen to profit from Bitcoin - just grasp its potential, its fluctuations, and possess some good fortune. Investing in Bitcoin involves learning, although it breaks traditional molds.

Going any shortcut wont really do something good not only limited on investment but also in other things as well on which there's no such thing about shortcut. There might be but you would be still
ending up on miserable or a mess because you havent been able to go with the right path on how it should be dealt up. We know that there are things in life on which even if we do really like
to invest or get involved but since we dont have money to be spend then this is where we do really miss it out. Without money? With knowledge ? Yes we could point out opportunities
but there's nothing we can do on the time that we dont have money to invest on.  It is really that a waste if you cant be able to dive in just because you dont have money.
Lots of times on which i have put up into this situation and there's no way that i could accumulate up money for me to invest and on the time that the market greens then regrets is
what i do feel on.

Knowledge helps you well in making money. If you've got more money to invest, then one was able to book his profit at the earliest using the knowledge. When you're to start from the scratch your knowledge is the important thing, because it is you that present the business and make others understand the goodness behind your product. In any situation one's knowledge isn't wasted.

I highly agree, only people who wanted a shortcut will believe this kind of statement.  But those who are smart and hard-working will refute the title because it is the knowledge that enables a person to create his source of funds.  Money without knowledge will end up exhausting the fund since the person might get into a venture that he has no idea about and ends up getting bankrupt wasting the money put into that business.  Or the person will use the money for his leisure without thinking that it can be exhausted.

I believe that if you have knowledge you can earn money. People who are wealthy in our society are most of them have enough knowledge. In trading, if you don't have money even though you have enough knowledge you can't still trade and it's quite useless your knowledge. But the fact that getting those knowledge needs money such paying internet connection to search for a trading ideas. Aside from that, how could you even learn trading if you don't have money to trade in the future?

this thought is all wrong, first and most precious and important is knowledge and then comes money, only with knowledge and that the person will be able to do something that will allow him to get money a great and concrete example of this is the following:

in real life first all people study in school to have knowledge, after they manage to get knowledge in school people start looking for jobs, after people get jobs and at the end of the month people receive salary, people bought bitcoin to invest and have more money. even in the case of a rich person, that person will first send his son to school, after the son studies hard and completes school and the rich father will give him money to invest in some business, this cycle will not change because it is a world standard . knowledge is the most important thing in the world

take a good look at this whole cycle I mentioned, it is not possible to skip this cycle and the person manages to do well in life, that is, it is not possible for the person not to go to school, not to know how to read and write and to do well in life. a person who does not have a good command of economics, trade, does not want to know anything about investments first before buying bitcoin, will not be able to take 100% of the great advantage that this market can offer, will not be able to have a good investment strategy, this is a great and very important fact. knowledge always comes first and money always comes second

This is the reality. It’s useless to say that even if you have all the means to invest like knowledge and strategies but you don’t have sufficient amount of money to start your investment, I guess everything you have will just go into waste. It’s still a great advantage if you have instant money and then you have acquire knowledge and skills prior to investing because that will certainly work in the long run. However, if you can make use of your knowledge by participating signature campaigns to finance your investment, I think that would be an awesome idea too.

No.
IMO, it's wrong.
KNowledge is one of the keys that we must have in cryptocurrency. With knowledge, we are probably able to have more initiatives to carry out various innovations in investing. We don't know how many people have invested in Bitcoin and holding Bitcoin with knowledge and finally getting money to invest. like doing several jobs to get Bitcoin and finally decide to hold Bitcoin. If we have a lot of knowledge, then we will open our minds more to have various ways so that we can have investments.
But if we just keep quiet and don't have the eagerness or initiative to develop it and optimize it, then it will be a waste.

As much as possible, if we do buy up things then as long we could make use of fiat then better use it rather than on wasting up your coins on buying those things considering that they do really have

the potential on increasing their value overtime but well its your money then its none others business on how you would be doing into your coins but if we do speak about the best or ideal ways then it would be better to be saved up rather than on wasting it out on something that can be bought with fiat. We should really be accumulating as much as possible or on the time that we do have some funds to thrown with crypto investment.

Invest on something that you can afford to lose and always be mindful that you shouldn't really be having that all-in kind of investment decision because no matter how good looking this industry is,
but still it wouldn't really make out an assurance that you would be able to succeed in the future.

I do not accept the fact that without money, the knowledge is a waist, no, no, no because there are lot of people in our society today who don't have money but have the knowledge to get the money they want, I understand that we must use money to make money, think about the fact that if a person may have money but do not have the knowledge to use the money, what will be the outcome of his money? To me the money will be useless. So if you have the knowledge and make money with your knowledge you can use your money wisely