To have cryptocurrency information is that helpful?

[Delgboke]

Over times I have been hearing about information and it is said that information is the power yes I have agreed to that of course many people have this information at the palm of their hands but couldn't use the information which is made available to them, information is actually the power but after the information and that person lacks the ability to use that information because of inability to take risk. What's your thought on this?

[TomPluz]

I agree that information can be power but how we are going to use that power can be another thing. In the information age when what you know can spell the big difference and can change any direction of what you are thinking and doing, this is certainly a big power. Right now, data is considered to be a goldmine and there are now many businesses and organizations specifically focusing on data. And in the world of cryptocurrency, certainly information is so vital.

[Jaguar]

No knowledge no power.
People without knowledge in cryptocurrency is like punching in the moon. No target and no idea what he is doing just always messing.
Knowledge is necessary to understand everything is possible. The people in the world who wants to enter cryptocurrency world must have knowledge to enjoy his crypto life.

[Andruha1993]

As they say - Who owns the information that owns the world. Therefore, it is very useful to have information about cryptocurrency, as it can come in handy.

[tampy784t]

Of course, before buying a certain cryptocurrency, you need to study information about it, the #DevelopmentTeam , as well as know what its purpose is and how it can be used

[zilzylian]

Information such as new projects and we invest in these projects will be very much needed, project developers always make system updates and information related to products and token information in the future.
Leaving some updates will result in losses as the project grows and I think I will always do a search every 2 to 3 days of the tokens or projects I participate in to get the latest information to avoid losses.

[Freemind]

As we already know (or should know) knowledge is power, that said, it is in our hands to find all the information about any project or thing for a long time with internet access. But like everything in life depends on each person, the time we have, the resources... I am surprised every day seeing how many people have been scammed in one project or another, and I no longer feel sorry for them,I do not say that I am happy every time I see it,  because they don't use the knowledge they have at their fingertips.

[Crypto Guard]

Of course it is very, very helpful. because with the information in crypto that we get, we will further update all information about crypto so that it will make it easier for us to interpret crypto prices.

[atjiat]

In this situation, it is very difficult to imagine how society will manage its cryptocurrency assets, if humanity fully implements cryptocurrencies in human everyday life. Many people have no idea about cryptocurrency and how to store it. Of course, hackers and other attackers will use this very actively. Thus, keeping your savings in cryptocurrency for a certain segment of the population will be more labor intensive than keeping your savings in a bank. Based on this, only knowledge will save a person and his money.

[missbtc]

It is important not only to have information, but also to use it correctly.  Whoever owns the information and cannot analyze it and use it for his own purposes most likely has little experience.  You definitely shouldn't share sensitive information with others.

[Freemind]

@atjiat traditional banks come into play in the security and custody of crypto. In my country one of the most important banks (BBVA) bought 5,000 Bitcoins in 2013. In the last 10 days, several news have appeared about BBVA and what they are doing in the crypto world.

I leave you the link in case someone wants to read it: BBVA launches its first commercial solution for the trading and custody of bitcoin in Switzerland

Banks know that their business model is obsolete, that is why they have been approaching the crypto world for years without making too much noise.

[Cutter Cute]

The latest information is invaluable as we invest and have crypto coins to trade on every day.
A statement from a leader will be important information on crypto price movements in the market, but it will all come back when the developers of the altcoin really have a good project and don't end up disappointed.

[Bobcrypto]

Over times I have been hearing about information and it is said that information is the power yes I have agreed to that of course many people have this information at the palm of their hands but couldn't use the information which is made available to them, information is actually the power but after the information and that person lacks the ability to use that information because of inability to take risk. What's your thought on this?

Yes, knowledge is power, and getting a required information in any business is a key to a successful business venture.
Now, information gathering about crypto ecosystem is one aspect doing great and the ability to taking the risk is actually another thing.
Information is an aid in decision making, while risk is the possibility of something negative or positive happening. Every business venture is a risk and it pays off when the right decisions are taken approximately.

[sofa-lis]

How could it be otherwise?  There are always more chances of success in trading or bounty of a company (whatever), when you have collected information about the project, looked at the history of creation, reviews, etc. Before doing anything, it is worth learning more about it.  Information is more valuable than money. This applies to any area of ​​life

[Leocaspis]

I am using information from various forums. What to say forecasts is one thing, but really observing and drawing your own conclusions about the course, when necessary, is another matter.