Without money, the knowledge is a waste - page 6.

CryptoHeadlineNews

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Quote from: Obari on June 16, 2023, 02:00:19 PM

Yes!
you got the topic very correct and I do mean it because after my last thread, I was actually wondering the essences of having all the knowledge about bitcoin and cryptocurrency at large and still don't have the money to buy, I just feel its a waste of effort and such a person with all his knowledge will definitely miss out of the opportunities in bitcoin and I'm on the opinion that people still need to always have some form of money at all time to buy bitcoin especially at every instance a dip arises and I want to know the essence of wanting to crowd ones brain Brain with so much about bitcoin when such a person doesn't have any more to buy rather than seeking ways to buy?

You are right, and I strongly agree with you on this very statement of yours regarding how waste it is having knowledge of Bitcoin without having the monetary means to invest in it like others in times like this when it's price value is low, so as to make profit when it's value rises. Because such can be liken to an individual who claims to be an expert in a particular field without having the necessary professional certificate which makes him/her fit to apply for such job if there is an offer. And one beautiful thing about thing about Bitcoin is that it has no minimum investment amount, which as lover of Bitcoin I see no reason why you shouldn't afford even the least $5 to $10 in a Bitcoin, so that when it's value rises massively, you could be among the people to rejoice, and strive to top up your portfolio in time.

Nwada001

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Quote from: Mr.suevie on June 19, 2023, 01:49:54 PM

Quote from: Nwada001 on June 16, 2023, 02:10:04 PM

I disagree with you on this one completely.

If I can recap my comment on your last thread, No Knowledge is a waste, and as such, Bitcoin knowledge should not be exempt.
Learning about Bitcoin doesn't necessarily mean everyone who learns and knows about it should buy and hold it. Buying Bitcoin is not the only thing you can do; you can also earn it, mine it, and so on.

Let's use you as an example: you are wearing a signature for which you are being paid in Bitcoin at the end of every week. What does that tell you? Let me put it this way: It's just as if you learned a skill, and right now you are being paid for the good skills that you have learned.
So do you own those weekly-pay Bitcoins because you have money to buy them or because you worked for them?

Hmmm, that a very nice answer to the question mate and I agree with you totally because am also a supporter of knowing and expanding your knowledge to many fields of life which also includes gathering useful about bitcoin even if we don't actually the funds to purchase and like you said you can earn it in so many different ways with the power of the knowledge you have about it for example you can even be paid in fiat at different institutions or place for you to actually render some lessons on the varse knowledge you have about bitcoin Which in turn can be used as a means to purchase it.

It's nice you agreed with it; maybe the OP missed those important parts about bitcoin knowledge. Not only is the example the only method to earn Bitcoin for free, but there are people who have learned about Bitcoin and are being paid the same amount of Bitcoin for attending seminars and teaching others the knowledge they have gathered. They can also earn from participating in online surveys regarding Bitcoin and crypto in general and still get paid for their service, to mention but a few of the many other ways to earn Bitcoin by just getting the knowledge. It's really awkward for one to think that any particular knowledge could be considered waste.

dunfida

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Quote from: Mr.suevie on June 19, 2023, 01:49:54 PM

Quote from: Nwada001 on June 16, 2023, 02:10:04 PM

I disagree with you on this one completely.

If I can recap my comment on your last thread, No Knowledge is a waste, and as such, Bitcoin knowledge should not be exempt.
Learning about Bitcoin doesn't necessarily mean everyone who learns and knows about it should buy and hold it. Buying Bitcoin is not the only thing you can do; you can also earn it, mine it, and so on.

Let's use you as an example: you are wearing a signature for which you are being paid in Bitcoin at the end of every week. What does that tell you? Let me put it this way: It's just as if you learned a skill, and right now you are being paid for the good skills that you have learned.
So do you own those weekly-pay Bitcoins because you have money to buy them or because you worked for them?

Hmmm, that a very nice answer to the question mate and I agree with you totally because am also a supporter of knowing and expanding your knowledge to many fields of life which also includes gathering useful about bitcoin even if we don't actually the funds to purchase and like you said you can earn it in so many different ways with the power of the knowledge you have about it for example you can even be paid in fiat at different institutions or place for you to actually render some lessons on the varse knowledge you have about bitcoin Which in turn can be used as a means to purchase it.

Not only limited into bitcoin but also in other altcoins as well on which you are really that having the knowledge and awareness about opportunities then it is really just that a waste if you cant be able to purchase on your own just because you dont have the funds or money for you to do so which it do really giving out that f*cked feeling or getting pissed on why we are poor. This is a normal reaction and even myself isnt really that
something able to avoid such condition on which you do know that this is the best time to buy but since you dont have money then you would just simply missed it.

On the time that the market would really be making out some recovery or increase then the only thing that would really be on your mind on that particular time is that, it is really just that a waste of
opportunity and profit that you had possibly made if you just able to buy on that point but since we do lack money then there's nothing we can do.

Aikidoka

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I agree that having great knowledge is not enough to succeed in the crypto world. It's necessary to have have some money to invest in Bitcoin, and then you can use your knowledge to make good decisions and potentially earn more money. Starting without any investment can be really difficult since investing allows you to apply your knowledge and work towards your goals. So in my opinion, investing and using your knowledge go hand in hand when it comes to achieving success in the crypto world.

Quote from: Buddyspa on June 18, 2023, 02:47:10 PM

I strongly believe that because, because my mother once told me that faith without money is dead, no matter how many idea or knowledge you might have, you will definitely need money to accompany it for it to be successful.

Exactly, that's the point here and that's clearly correct. I feel like knowledge and money are closely intertwined and without one of them it might be really hard to start. However, if you have both you're more likely to succeed in the end even after experiencing a lot of failed attempts.

Mr.suevie

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Quote from: Nwada001 on June 16, 2023, 02:10:04 PM

I disagree with you on this one completely.

If I can recap my comment on your last thread, No Knowledge is a waste, and as such, Bitcoin knowledge should not be exempt.
Learning about Bitcoin doesn't necessarily mean everyone who learns and knows about it should buy and hold it. Buying Bitcoin is not the only thing you can do; you can also earn it, mine it, and so on.

Let's use you as an example: you are wearing a signature for which you are being paid in Bitcoin at the end of every week. What does that tell you? Let me put it this way: It's just as if you learned a skill, and right now you are being paid for the good skills that you have learned.
So do you own those weekly-pay Bitcoins because you have money to buy them or because you worked for them?

Hmmm, that a very nice answer to the question mate and I agree with you totally because am also a supporter of knowing and expanding your knowledge to many fields of life which also includes gathering useful about bitcoin even if we don't actually the funds to purchase and like you said you can earn it in so many different ways with the power of the knowledge you have about it for example you can even be paid in fiat at different institutions or place for you to actually render some lessons on the varse knowledge you have about bitcoin Which in turn can be used as a means to purchase it.

bayu7adi

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Quote from: Distinctin on June 18, 2023, 03:28:42 PM

Quote from: KingsDen on June 17, 2023, 06:24:19 PM

The creator of this topic is not totally off the point within the context of the title of this post. Before you can earn a living through bitcoin investment this time around you need to have a steady stream of income that is not even coming from Bitcoin. And then you can began to invest in Bitcoin as you are able to invest using the dollar cost average method.
On the long run you will run into good profits. People that came into the Bitcoin market almost empty-handed and made good fortune are the early developers who met bitcoin when it didn't even have a value?

By this time if you are in the Bitcoin industry and you do not have money you can as well be wasting your time because there are even no faucet where you can get free Bitcoin.

I also believe that OP is right since any forms of cryptocurrency investment requires money. If you don’t have sufficient amount of funds, your knowledge about bitcoin may only go into waste since you cannot even start investing because of the absence of funds. Although you can earn btc from signature campaigns, but when it comes to investing, at least you have some minimal funds to invest.

There is currently no minimum limit on the amount of money that falls under the category of investment. You can invest whatever amount of money you have, even starting from US $1. In my country, the government has even initiated a campaign to encourage the public to start learning about investments. Stocks are sold through an app that is monitored by official regulatory bodies of the country, and they can be purchased starting from IDR 5000 or approximately US $0.33.

The goal is to let everyone know that investment doesn't always have to involve large sums of money. Saving little by little for investment is also a viable option. The accumulation resulting from the discipline one exercises will bear fruit when the future arrives.

This means that someone can work, sell their services, and use their earnings for investment, leveraging their exceptional thinking abilities. The amount doesn't matter; it is the thinking capability that makes it better.

nlovric

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Quote from: nlovric on June 17, 2023, 11:11:12 AM

Quote from: Fullcoinese on June 17, 2023, 10:47:05 AM

Quote from: Obari on June 16, 2023, 02:00:19 PM

Snip ..

it is undeniable that we really need money to carry out activities in the crypto world or to have Bitcoin. but that part of knowledge is useless in my opinion that is a wrong assumption, in my opinion it is the response shown by people who are desperate.
knowledge and money are both definitely needed by everyone, those two things are of course the basic things that everyone should have.
if we only have money but do not have knowledge then the money is most likely not to be put to good use. but if we have knowledge coupled with hard work and always take good opportunities then the money will be easy to find.

You raise an important issue about the value of both information and resources in the world of cryptocurrency. Although participation in and investment in cryptocurrencies like Bitcoin unquestionably require money it is erroneous to dismiss information as being worthless. It is true that desperation can impair judgement and cause hasty actions. However information acts as a lighthouse enabling people to make wise decisions and negotiate the complexity of the crypto world. Without knowledge of the market workings or the risks involved money alone may not be used efficiently.

Regarding how knowledge and money interact in the world of cryptocurrencies you make a good argument. While it is true that participation requires payment it would be wrong to undervalue the importance of knowledge. Information acts as a guiding light allowing informed decisions and navigating through the complexity of the crypto world. Desperation can distort judgement. Money alone might not produce the best outcomes unless it is paired with a thorough understanding of the market and its hazards. Conversely the likelihood of achieving financial success in the bitcoin industry is considerably increased when information is combined with vigilance and a discriminating mindset. Therefore combining resources and knowledge is essential for getting the results you want in this field.

You have brought up an important issue regarding how information and money interact in the world of cryptocurrency. Although participation does demand cost it would be negligent to downplay the value of education. Information acts as a compass pointing the way to wise choices and assisting us in navigating the complexity of the crypto world. Money alone might not produce the best results in a field where desperation can impair judgement unless it is combined with a thorough understanding of the industry and its risks. On the other hand when information is combined with attentiveness and a discriminating attitude the likelihood of achieving financial success inside the bitcoin business greatly increases. Therefore in this constantly changing industry the fusion of resources and knowledge becomes essential for reaching desired results. People can better position themselves to negotiate the complexities of the crypto ecosystem and increase their chances of success by combining their financial resources with a thorough understanding of it.

yazher

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Well! I tell you that other people have already started from scratch here, and what I mean by that is they work hard to earn their first cryptocurrency and carefully use it for their first-time crypto investment. You see, some people here are from 3rd world countries, and that means a bounty reward, whether it pays bitcoins or altcoins, meant a lot for them. Some of them became millionaires because of that because they successfully converted their earnings into more successful coins and sold them at their ATH. You're right. If there is no money, your knowledge doesn't benefit you until you decide to find the money for investment first.

zaim7413

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Money has a vital role in investing, knowledge in the field of investment will be useless without sufficient financial support. All plans will crash when money is not available, that's how the cycle will work. Money and knowledge must support each other in realizing a plan, you cannot do anything without the support of one of these two elements.
Success from investing is not how much money you have, knowledge plays an important role in determining more effective decisions. Knowledge allows you to make money more easily, without money you cannot use knowledge in a place to make money, especially in investing.

fruktik

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Quote from: Obari on June 16, 2023, 02:00:19 PM

Yes!
you got the topic very correct and I do mean it because after my last thread, I was actually wondering the essences of having all the knowledge about bitcoin and cryptocurrency at large and still don't have the money to buy, I just feel its a waste of effort and such a person with all his knowledge will definitely miss out of the opportunities in bitcoin and I'm on the opinion that people still need to always have some form of money at all time to buy bitcoin especially at every instance a dip arises and I want to know the essence of wanting to crowd ones brain Brain with so much about bitcoin when such a person doesn't have any more to buy rather than seeking ways to buy?

It is very strange that you came to such a conclusion only recently. Naturally, it is required to have at least some initial capital, which will help not only to realize your ideas, ideas, but also become a trigger for material development.
Why only buy Bitcoin? Should all attention be directed to him alone? I believe that such a path is initially wrong and will not bring proper results if there is a desire to become a financially independent person.

Blitzboy

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Quote from: Crypt0Gore on June 18, 2023, 02:06:29 AM

There are some knowledge's that drives money, knowing something that someone else don't put you ahead of them, and for you to render your help or service, you need to come into some agreement with the person or company and money follows...

I remember a very brilliant kid who got a job secured with Elon Musk, just as easy as that, he is the youngest among the whole staffs that works under Elon Musk, this is why I said that some knowledge drives money, the greater what you know is the higher the demand of your service, by those who needed them.

So you are not completely right and you are not completely wrong either.

Your statement, indeed, is layered with aspects of truth, yet I find certain discrepancies in its entirety. It is irrefutable that knowledge has the potential to generate wealth. However, to insinuate that it is the only significant factor is a stark oversimplification. A myriad of variables like dedication, perseverance, and, yes, opportunities play pivotal roles as well.

Referring to the prodigy working with Elon Musk, his journey isn't solely due to his intellect but also the opportunities he was afforded. Its a result of the synergy between aptitude, aspiation, and luck.

Your theory of knowledge driving money overlooks the financial paradigm shift offered by cryptocurrency. With Bitcoin and other cryptocurrencies, wealth can be created, stored, and transferred without the traditional prerequisites. The revolutionary nature of blockchain technology and cryptocurrencies is decoupling the traditional correlation between knowledge and wealth. This doesn’t negate the importance of knowledge; instead, it reshapes its role in weath generation.

Distinctin

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Quote from: KingsDen on June 17, 2023, 06:24:19 PM

The creator of this topic is not totally off the point within the context of the title of this post. Before you can earn a living through bitcoin investment this time around you need to have a steady stream of income that is not even coming from Bitcoin. And then you can began to invest in Bitcoin as you are able to invest using the dollar cost average method.
On the long run you will run into good profits. People that came into the Bitcoin market almost empty-handed and made good fortune are the early developers who met bitcoin when it didn't even have a value?

By this time if you are in the Bitcoin industry and you do not have money you can as well be wasting your time because there are even no faucet where you can get free Bitcoin.

I also believe that OP is right since any forms of cryptocurrency investment requires money. If you don’t have sufficient amount of funds, your knowledge about bitcoin may only go into waste since you cannot even start investing because of the absence of funds. Although you can earn btc from signature campaigns, but when it comes to investing, at least you have some minimal funds to invest.

Buddyspa

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I strongly believe that because, because my mother once told me that faith without money is dead, no matter how many idea or knowledge you might have, you will definitely need money to accompany it for it to be successful.

tjtonmoy

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Money brings more money. If you have money, you can invest that in various places in order to grow it. So that is true. But if you have money and no knowledge, then you will surely lose all that money. If you don't know how to grow your assets, you will finish it one day by spending.
In order to grow our assets or become successful in our life, we need both knowledge and money. Without one, the other is useless. So you can also say that, "Without knowledge, money is a waste."
There are lots of things you can say about it, but the main point is, we need both. They are connected in such way that in order to get the best result, you need to acquire both of them.
When you have both of them, you will never run out of opportunity. Same in Bitcoin investment. With a right plan, you can divide your investment in such a way that you can grab every opportunity. And that comes from knowledge.

macson

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Quote from: Obari on June 16, 2023, 02:00:19 PM

Yes!
you got the topic very correct and I do mean it because after my last thread, I was actually wondering the essences of having all the knowledge about bitcoin and cryptocurrency at large and still don't have the money to buy, I just feel its a waste of effort and such a person with all his knowledge will definitely miss out of the opportunities in bitcoin and I'm on the opinion that people still need to always have some form of money at all time to buy bitcoin especially at every instance a dip arises and I want to know the essence of wanting to crowd ones brain Brain with so much about bitcoin when such a person doesn't have any more to buy rather than seeking ways to buy?

both must be balanced, even people who have money but do not have knowledge are also not useful. invest in bitcoin.. you don't need a lot of money, all you need is faith in bitcoin and usually people who have knowledge > really believe in bitcoin.

i'm sure you have good knowledge of bitcoin and other cryptocurrencies but do you already have enough bitcoin that you saved ^{(because i see you are also a paid bitcoin signature campaign participant)}, without enough faith and luck = then money and knowledge are not that useful.

Russlenat

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Quote from: The Cryptovator on June 17, 2023, 04:19:46 PM

Indeed, both knowledge and money are crucial for advancing and establishing your empire. Without either one, progress becomes difficult to achieve. This is particularly true when it comes to cryptocurrencies, as money plays a vital role. While it is possible to earn some income through leveraging your knowledge in marketing or other areas, the potential for substantial earnings is limited. To seize the opportunity to invest in cryptocurrencies at the right moment, having sufficient funds is imperative. Unfortunately, I missed out on accumulating assets during this bear market because I lacked the necessary funds.

True, with knowledge but no sufficient funds, you can take advantage of your knowledge but you can never maximize your means of earning an income. Let’s just be real guys, money is ultimately a high necessity these days, as you can always earn a good living as long as you have a good amount of capital even without highly knowledgeable mind. As long as you have your life’s strategies, you will certainly prosper in time. Especially if you enter cryptocurrency investments, having sufficient funds is a must as you can never start an investment when you have nothing to serve as your capital.

Forever101

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I nearly argued seeing the topic until I read the post. What you said is nothing but the truth. To correct this kind of situation, buying little by little according to your capacity can help you become a big investors as you maximize the potential of your knowledge. This idea can help every investor with financial problem catch up with the opportunity around. As they say, do not despise the days of little beginning

Fivestar4everMVP

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Quote from: Obari on June 16, 2023, 02:00:19 PM

Yes!
you got the topic very correct and I do mean it because after my last thread, I was actually wondering the essences of having all the knowledge about bitcoin and cryptocurrency at large and still don't have the money to buy, I just feel its a waste of effort and such a person with all his knowledge will definitely miss out of the opportunities in bitcoin and I'm on the opinion that people still need to always have some form of money at all time to buy bitcoin especially at every instance a dip arises and I want to know the essence of wanting to crowd ones brain Brain with so much about bitcoin when such a person doesn't have any more to buy rather than seeking ways to buy?

Based on the context of this argument, I very much agree with you, and not even talking about dip, I personally have been a victim of having knowledge about something and not having the money to make good use of the knowledge..
For example, learnt about bitcoin in late 2015, after coming across bitcoin for the first time, I spent like seven days researching, and in the end, I came to the conclusion that bitcoin was legitimate, and very good for investment, but unfortunately, I had no money to invest, back then, I watched the price of bitcoin in my local currency through luno exchange, and the price fluctuated between 80,000 naira and 90,000, if converted to dollar, that was around $180 to $250 dollars, cus naira to dollar was way cheaper back then compared to what it is now.

I watch the price of bitcoin grow to over $2000 and didn't buy cus I barely could feed my self and my family let alone having extra cash to invest in bitcoin, this day I look back to those times and feel really angry and disappointed for all the opportunities I missed, but it's just what it is, life must always go on.

Sexylizzy2813

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Quote from: Obari on June 16, 2023, 02:00:19 PM

Yes!
you got the topic very correct and I do mean it because after my last thread, I was actually wondering the essences of having all the knowledge about bitcoin and cryptocurrency at large and still don't have the money to buy, I just feel its a waste of effort and such a person with all his knowledge will definitely miss out of the opportunities in bitcoin and I'm on the opinion that people still need to always have some form of money at all time to buy bitcoin especially at every instance a dip arises and I want to know the essence of wanting to crowd ones brain Brain with so much about bitcoin when such a person doesn't have any more to buy rather than seeking ways to buy?

I don't quite agree with you OP, money can come and go in ones life but you see knowledge, it can never go at any cost. Is like you're fighting against yourself if you stick to the fact that knowledge is a waste.
If someone has the knowledge about Bitcoin, cryptocurrency and all that, without him or her having the money to put those knowledge to use, I don't see what's stopping that individual from taking a loan, like why do we have or take loan in the first place? Take a loan and build yourself financially.
If you have the knowledge and you don't have money I suggest you do the needful and show that the knowledge you have about crypto is not and never a waste. Or if you can't take a loan from the bank you ask the nearest friend to help out that you'd pay, money can never be a barrier to what you know how to do perfectly well.
OP you can't wirte off the power of knowledge, to be sincere with you, with or without money I see knowledge as the key of making more money, depending on how you make use {knowledge} of it.

Crypt0Gore

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There are some knowledge's that drives money, knowing something that someone else don't put you ahead of them, and for you to render your help or service, you need to come into some agreement with the person or company and money follows...

I remember a very brilliant kid who got a job secured with Elon Musk, just as easy as that, he is the youngest among the whole staffs that works under Elon Musk, this is why I said that some knowledge drives money, the greater what you know is the higher the demand of your service, by those who needed them.

So you are not completely right and you are not completely wrong either.

Topic: Without money, the knowledge is a waste - page 6. (Read 1278 times)