Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Delgboke on December 18, 2020, 05:55:47 AM
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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?
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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.
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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.
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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.
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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
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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.
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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.
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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.
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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.
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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.
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@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 (https://www.bbva.com/en/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.
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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.
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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.
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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
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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.
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That's for sure! Many people know, for example, that Bitcoin will grow, but not many people make decisions to invest in it, because sometimes they do not know what to do with useful information and do not know how to make decisions.
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It depends on how the information come to a person. If the information is taken intentionally then the answer is yes. But if the information is made known to someone accidentally then the chance that it will become useless is big because it is not through the wish of a person.
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Obviously information has a strong power but it is remember that information and knowledge about information spreading,media and communications,then it's a stong power but no knowledge about information have no power.
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Definitely, the more you know information about a particular cryptocurrency, then you can better understand what will happen to it in the near future, the price will rise or fall
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I think the power of information and research about cryptocurrency can make people's lives easier and more beautiful. I think it exists all over the world. The more research there is on cryptocurrency or technology, the more cryptocurrency development will be seen. So the deeper the information power of any person, the more talented he is. I think the cryptocurrency market is changing a lot. Many people recharge with this change. They benefit.
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I agree with you, many people (the vast majority) do not know how to interpret the information to which they have access, that's where scams come from, identity theft, and many more things that we can find on the internet.
Summarizing, I want to say that the things that happen is because people do not read/interpret that information. If people knew what happens every time they click something, they would think better of it before doing it.
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Everything needs information, life if you don't know the information, it will be like someone who doesn't have a mind, if you are asked anything you can only stay silent because you don't get any information, when I want to know what crypto is, I look for information on how to get it for free the most important thing so I get the answer
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In our cryptocurrency world, the risk is huge, so you need to understand it and make a firm decision whether it is all necessary or not, fear comes after you invest in a fraudulent project, so you need to study the information about the project with all responsibility and make informed decisions.
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in any case, if a person decides to do business using cryptocurrencies, then he will need all the available information about cryptocurrencies. I very much regret that my knowledge was not so strong, which is why in 2016 I spent a significant amount of my assets, which today could make me a very rich person.
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Generally, information is necessary to draw clearly your future in cryptocurrency. Without information your are just trying and trying from one areas into another. Shifting from one place to another. In short without proper information you are unstable. Information will make you stable.
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The first priority is to gather information and be aware of what you are working with. When there is a lack of adequate information, no matter what life is all about, people cannot achieve success in the workplace. This is exactly what digital currency is all about. If you don't have enough knowledge, you can't improve from your current position.
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Yes the information about any new crypto project is vital to understand it and that is why I think whitepaper is there other than the website so we use all this information to analyse the project and then decide whether to invest or no.
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Definitely, the more you know information about a particular cryptocurrency, then you can better understand what will happen to it in the near future, the price will rise or fall
You said everything correctly, but I want to add that it is very important when information reaches you in a timely manner. This helps to minimize potential risks.
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Actually I need more times to understand what you meant. But it is probably about the news and infomration about cryptocurrency so that it may drive the crypto to a certain codnition. However for us, whatever the news and information, we must be ready and have good emotion management risks. We need to be ready of any kind of sudden ways of losing somethng or earning profits
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There is a thin line between a dump in price and a pump in price; and it is information. Getting access to information very early in crypto currency is very important, helpful as it helps you to safeguard your capital before the news crashes fundamental analysis and leads to further dumps.
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Actually I need more times to understand what you meant. But it is probably about the news and infomration about cryptocurrency so that it may drive the crypto to a certain codnition. However for us, whatever the news and information, we must be ready and have good emotion management risks. We need to be ready of any kind of sudden ways of losing somethng or earning profits
Of course what you say happens very often to all who are not ready or ready to observe correctly: "We need to be ready of any kind of sudden ways of losing somethng or earning profits"
because crypto is very unique and can always do the unexpected at all.
like today where bitcoin can quickly move with a very significant value.
maybe many do not expect this will happen too soon.
I agree that in cases like this we must not panic quickly because panic will make us take the wrong step, not gain profit, it is loss. clearly panic carried away from an unbearable sense of emotion.
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Updating information in crypto is needed. It can help us to decide any things for our crypto assets. If it is good news, we can decide to sell our crypto assets. While if it is bad news, it probably helps us to consider selling or continue holding our assets. Make sure we update the information every day.
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Updating information in crypto is needed. It can help us to decide any things for our crypto assets. If it is good news, we can decide to sell our crypto assets. While if it is bad news, it probably helps us to consider selling or continue holding our assets. Make sure we update the information every day.
obviously very important because the information in crypto can make what steps we are going to do can be wrong or right. because even the smallest information that is important must be responded to with a good analysis, because information may also be misleading. but now there are many forums and the like that always provide information about crypto from time to time and there is no need to be afraid and continue to learn to analyze so that later you will get used to analyzing well.
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Updating information in crypto is needed.
That's definitely true. For example, if you invest in Ethereum, at least you need to update information about Ethereum regularly. It can give you the description or possibility about what to happen in Ethereum price in the near future. If there is bad news, there is a possibility of a dump in price in the next few days. While if there is good news, there is the possibility of a pump in the price in the next few days. If you update the information, you can plan for the anticipations.
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Information is important and I agree with your post. Information can be a power if people can use it for profit. For example, buying or selling crypto. By getting accurate information, they can avoid losses in investing in crypto
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knowledge they said is the key to success. i know information matters a lot but we know might lead us to loosing our funds especially when we follow alot of information gathered from the internet. mostly offered little or no help at all. Just to attract people and then dumped on investors with little or no idea of how the market works. above all information matters alot.
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The first thing that we must do when entering the crypto world is learning and learning. There are so many things to be learned in crypto. We know that our goal here is to earn more money. However, without understanding first about anything here, at least the basics about crypto, we will get nothig. We must also update the information and news every time because they are very helpful and also important for us
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Information can be a power if people can use it for profit.
It is correct. By knowing updated information, it can be a way to take profits. Information can be the reason for people to sell their tokens at high prices or can buy tokens at low prices. Also knowing information can prevent us from significant losses. If you know your crypto coins seem to have no good future, you can sell them very early.
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an informed user can perform more correct actions and deeds faster than a user who has little or no specific information, I think so
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The world of crypto investing is still relatively uncharted territory. It is important to understand what cryptocurrencies are before investing. Information is that helpful that take a step-by-step approach to gain experience.
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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.
At present time data is considered to be the best assets and there is plenty of companies that earn a huge amount of money only by using selling user's data. But using data to gain knowledge and use it for any general-purpose or do any specific work is also very common in this digital era.
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Knowledge and information is power, to have information about cryptocurrency is vary helpful because it will help you and guide you towards making the right decision, the crypto space is dynamic and as such needs up to date information to stay active and survive.
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Providing information about this Cryptocurrency is of course very good, because it helps the development of Crypto. And all of us here want Cryptocurrency to be recognized by the public, so do that, give Cryptocurrency information to anyone.
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Knowledge and information is power, to have information about cryptocurrency is vary helpful because it will help you and guide you towards making the right decision, the crypto space is dynamic and as such needs up to date information to stay active and survive.
I fully agree with you. Without knowledge and information, it is really difficult in the cryptoindustry, and indeed in any area. Therefore, you need to get information about crypto and develop.
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information in cryptocurrency is very positive for the price and the development is very useful for the future of a crypto currency on social media and the community for now very very well where all of that can be realized for the development of the price situation and price growth in the exchange at this time of information about crypto very positive for trade.
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Knowing cryptocurrency is a must because it is certain that cryptocurrency is also a very good digital asset to choose from.
For now, there are so many cryptocurrencies in circulation, even more than 20 altcoins are already in circulation.
I realize this is a technological advancement because for sure this is a financial system in the digital age and I love it.
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you should specifies the type of the information that you are talking about and in which door of cryptocurrency you have the information , in technical analysis ? or maybe you are a blokchain dev ? or even maybe you have some sensitive information that you can sell , before that we cant give you a clear answer .
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Yes information is the power house of crypto currency. If you have the power and ability to utilize your information then definitely you will get successful. Most of us don't know what has to do they fallen in vacillation.
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Knowing cryptocurrency is a must because it is certain that cryptocurrency is also a very good digital asset to choose from.
For now, there are so many cryptocurrencies in circulation, even more than 20 altcoins are already in circulation.
I realize this is a technological advancement because for sure this is a financial system in the digital age and I love it.
This is a must only to those who want to get into this space. It is true that this could be a way of earning yet it should also be keep in mind that risk is the twin of this place where you can experience a total lose of your investment.
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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?
Never forget that " Knowledge is POWER " without this there is no power. One more thing, having an idea about the information in cryptocurrency is very much important. Because you cannot stand here for long last if you don't have knowledge then if you add on it curiosity you are going to have a pearl of wisdom for sure.
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Those who have no knowledge of the cryptocurrency market have no strength or ability to make money from the cryptocurrency market. So to make money from the cryptocurrency market, you need to have an idea about the cryptocurrency market. So I think it is important to have knowledge about the cryptocurrency market.
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If you have ideas and information about the currency market, you will benefit a lot. For those who are investors and traders in the cryptocurrency market, information is important for their training. Preserving information about any cryptocurrency is important for investors.
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Every piece of information about cryptocurrency is important. The more you store ideas and information about cryptocurrencies, the better. Anyone who does research on the cryptocurrency market will improve in the future. Because by investing that person will benefit.
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Every piece of information about cryptocurrency is important. The more you store ideas and information about cryptocurrencies, the better. Anyone who does research on the cryptocurrency market will improve in the future. Because by investing that person will benefit.
The development of cryptocurrency is very fast, if you want to be a great market analyst, you have to read information about cryptocurrency every day, because market sentiment depends on the events that are happening.
But not only being a market analyst, an investor is also required to read more information.
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Yes, I agree with you that knowledge is power. People can gain a lot of knowledge through information. And those who work in cryptocurrency do not have a good knowledge of crypto. They can never profit by working in cryptocurrency. To work in cryptocurrency, you must have a good knowledge of crypto. I don't think it's foolish to work in crypto without knowledge of cryptocurrency.
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Indeed, many people may feel afraid of spreading information in crypto. Because sometimes the information is uncertain, so many people doubt and don't believe it. Moreover, people who don't know crypto very well.
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The information in the cryptocurrency market is much more beneficial for a trader if it is cryptocurrency related. The person improves by doing a lot of research on cryptocurrency and technology. Much more research is needed to preserve this information. Information about cryptocurrency helps improve the quality of life of people.
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Information is important to determine the project goals. It is like a simple but sharp information what the project all about. The project without information is definitely scam. It is the basis at the first stage and opening promotion of the team. Every one who wants to support needs the prroject details to define the backbone.
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Who owns the information owns the world! Now this expression is very relevant. Now time flies inexorably forward and the information received/found in time can both protect you from losing investments or increase your income. And in the crypto space, this is doubly important, since even a timely read tweet can bring fabulous profits))
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Information gives us knowledge, if we get a lot of information then we will have a lot of knowledge too. And in Cryptocurrency Information is very important, because Cryptocurrency is a technology that has very fast updates. More information, the better and will be very useful in our business in this Cryptocurrency.
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Who owns the information owns the world! Now this expression is very relevant. Now time flies inexorably forward and the information received/found in time can both protect you from losing investments or increase your income. And in the crypto space, this is doubly important, since even a timely read tweet can bring fabulous profits))
well, from several cases when I found out that there was a cryptocurrency investment offer, I had to be able to look for that information first, it could be seen from the team behind the project and could see the concept being developed.
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When it comes to investing in cryptocurrency you should have information about the crypto so that you know what's their goal of their project. If you just investing the crypto without knowing about the information you will likely to lose money. You know nowadays many scam cryptocurrencies.
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A few days ago, I was following a new Dex exchange airdrop and I really read every rule and latest information from the DEX exchange platform, but in the end I missed some important things because there are many projects I follow, so I missed 1 information, important to claim a prize for a trade I made and I ended up not getting the prize.
Information is very important when we are investing in a new project, but some people and I always skip that information because there is a lot of work that cannot be left behind.
therefore taking a little time, for example every 2 minutes for 1 hour seems important, so as not to miss updating information
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Who owns the information owns the world! Now this expression is very relevant. Now time flies inexorably forward and the information received/found in time can both protect you from losing investments or increase your income. And in the crypto space, this is doubly important, since even a timely read tweet can bring fabulous profits))
well, from several cases when I found out that there was a cryptocurrency investment offer, I had to be able to look for that information first, it could be seen from the team behind the project and could see the concept being developed.
Last year, to make a profit, it was enough to follow several Twitter accounts. One of these is Elon Musk, he notably created a stir around dogecoin a couple of times. But this is the way to nowhere, it is better to study and analyze projects.
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Yes, of course there must be cryptocurrency information. If you have no knowledge of cryptocurrency or no information then you will not understand anything in cryptocurrency. So you have to store all the information of this cryptocurrency in a good way. Only then can you move forward in the future.
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You are right. One of the important things in the crypto, to be successful and also care is gaining more information about the crypto and projects themselves. We may find so many scams right here. that is why getting more information is absolute
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Having access to information is the best and to succeed in crypto currency trading; you must have access and be informed. Trading or investing is all about research and the knowledge gotten from the researches, it helps guide your trade actiions.
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Of course, we should always be aware of the latest news, especially if we are trading or investing in any coin. Otherwise, we can simply lose our money by buying a scam cryptocurrency.
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Of course, the more information you have the better decisions you can make especially when it comes to trading.
Don't mention about insider info which can be a life-changing opportunity sometimes.
Of course, not mention is not legal ;)
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Of course, we should always be aware of the latest news, especially if we are trading or investing in any coin. Otherwise, we can simply lose our money by buying a scam cryptocurrency.
Awareness is great practice to avoid losing the money as long as possible. Scammers and fake account is our obstacles to anticipate them. We should invest in the correct project to earn. We should support the right team to make the project success. News and correct information could lead us into good earning.
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HIVE
FOMO
Bad News
Good News
All these words exist in the world of cryptocurrency and it is certain that it will continue to exist until when pn or even cryptocurrency there is no such word will definitely exist.
These 4 words are information, where this information is definitely needed in the cryptocurrency world to seek profit and stay away from losses.
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Without the ability to analyze the information we would never make good investments (or good decisions in life), since in the rest of our lives, the more information we have, the better, even bad information, which is what we learn the most so as not to make the same mistakes.
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Those who have been using cryptocurrencies for a long time and have been using it for a long time, and so have information on how to sort projects for investment and work with them. But naturally everyone is open to learning something new and useful, information is never superfluous, no matter how much you know, know everything impossible.
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There is no guarantee that you’ll make money from your investments in cryptocurrency. But if you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain.
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Forgive me if I say knowledge is not power, you can have perfect information, perfect knowledge and it won't change anything. Knowledge is not power,power is power, the ability to act on knowledge is power. Having knowledge without practicing or showing what you have is just useless.
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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?
At least he has information that he needs to know, all he has to do is to just change his mindset from being to careful to taking the risk, you cannot be risky and don't have the knowledge on what you are investing, you are going to lose everything, knowledge, and information is everything.
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Information is only a necessary condition, and human decision-making is a sufficient condition :)
And I think we fully understand why people get confused and make mistakes in the crypto world. For example these would be the responses when:
1.I see 1 positive information:
+ I predict that the token price will increase, I want to invest more;
+ I am afraid that this is just the beginning, I want to wait for more signals;
+ I suspect this is just a whale trick.
2. I have 1 negative information:
+ I am afraid the token price will decrease, I want to sell;
+ This could be a good opportunity for me to prepare to buy when the token price is low;
+ This could be the whale's trick.
As you can see, without enough knowledge, it is very difficult for us to make a decision in a timely and accurate manner.
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For sure information is power, but an information will have no effect if it's not acted upon, some people have information but doesn't make use of it properly, information will only be helpful if it's been acted upon , someone who has the required information and doesn't have knowledge of how to work with the information automatically makes the information useless.
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Knowing the updated information, we can fix our profit. Knowledge of information can save us from significant losses. If we know that our cryptocurrencies will not have a good future, then we can sell them very early and thus avoid losses. It is also necessary to update the information about the cryptocurrency. This can help us resolve any issues regarding our crypto assets. We are obliged to update the information every day.
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There is no guarantee that you’ll make money from your investments in cryptocurrency. But if you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain.
I think these days to earn money is guaranteed because it seems altcoins are blooming. Investment in top altcoins or the altcoins that are potential and trending would be helpful to earn in the right time. Intelligence is necessary to do plan and implement accordingly.
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I feel very helped by the information presented and I have during the forum. And indeed it is enough to help me take steps in crypto. and so far, thanks to the information I got, I can also better manage emotions in trading.
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Forgive me if I say knowledge is not power, you can have perfect information, perfect knowledge and it won't change anything. Knowledge is not power,power is power, the ability to act on knowledge is power. Having knowledge without practicing or showing what you have is just useless.
Done agree with you. Knowledge without practice is useless. Any information that comes to us must be checked and, if it is beneficial for us, then put it into practice. This tactic is useful for us to make money using news.
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Knowledge of cryptocurrency and blockchain technology will never go in vain. It is possible to make income even if it is always something. It may be by trade, or by participating in various campaigns. Research is definitely needed to be profitable. Investing in the cryptocurrency market, if tried, will never go in vain.
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Of course, it will be very helpful if we know information about crypto in carrying out daily tasks in crypto, whether it's investing in projects, trading or being a bounty hunter.