The funny thing about humans is that despite the fact that many people know that somethings can't be real they still choose the easy way out and believe that it's possible to just be making easy cash from these signals and not for trading alone as same thing goes for sportbetting too, they are many people who still act gullible enough to fall to these idea of people selling predictions and signals on telegram channels.

Not only sufficient knowledge but one should always keep himself updated. Because there are some hints that you will get from the market performance, and where the project is heading to. Also, with various social media platforms, you can already get good insights how the team is planning about their project or if they really do have plans. Because most of them won't publish in their official webpage but you can get good discussion from their socmed.

From what I pictured from this your write you are talking about trading, well I must say one does not necessarily need to know all about crypto before you start investing. All one needs is just to have a basic knowledge about crypto currency and then you are good to go with your investment and as time passes by you begin to add to your knowledge about crypto. There are so many of us in this forum that started accumulating bitcoin without having much knowledge about it, so as times goes by we started learning and building up our knowledge from high rank members in the forum

Yeah that's a good point, giving them money would make them lazy and too dependent on you for survival but teaching them how you made the money through Cryptocurrency would help them understand the concept behind it and how to be disciplined concerning it, I believe knowing about that alone would make them sit up and work hard instead of being jobless and dependent on friends and family for survival. Anyways, anyone that's coming into the line of  Cryptocurrency especially Bitcoin investment should understand it's not going to make them rich quickly expect if they want to risk participating on trading Alts and buying Shitcoins for short-term gains. Sometime ago a close neighbour asked me the best way he could make money through Cryptocurrency and I told him the easy way which is buying and holding Bitcoin for a longer period, he asked how long and I told him for about 4 to 10 years, from his looks I could tell he got discourage and then he said he'll rather go learn Forest trading, at that point I couldn't help but allow him do his wish since it's his choice.

It is no longer news that most of the newbies who join the network think that it is a get rich quick opportunity for them, they want to come and become millionaires as soon as possible. It does not take long for them to understand that they were wrong and many of them get disappointed.
Yeah especially trading, which requires more skill than buying and holding, it is not even recommended that newbies start their journey with trading.

Power of Knowledge...
The more knowledge you learn, the more you will gain understanding. You will see new exploration and it will be easy to understand you in every new news and update. There are two weapons in the crypto industry that can make you a successful buddy. The first one is knowledge, and the second one is experience. You have kept these two as your assets, so it is certain that you can walk on a successful track in the crypto industry.

Moreover, bbe it investment or trading, the first step is knowledge and then experience. So you have to install both components. If you don't have even one of these two, then you can't work in the crypto industry. So first of all knowledge and then using this acquired knowledge to gain experience is very important for a crypto player.

Indeed knowledge is the most important thing in this crypto space, because normally as a newbie that really wants to invest in Bitcoin without having the proper knowledge and patience, one would just ended up gaining nothing. So it's essential for every new beginner to acquire the basic knowledge first before thinking of venturing into Bitcoin investment. because that's what would go help you hold for a long period of time, what so many newbies are surfering today in Bitcoin investment is a result of not doing the proper research before joining. they always have this feeling that Bitcoin is a get rich quick scheme without realizing the risks involved.

As it's commonly said among wise men, knowledge is indeed power. Knowledge acquisition has always been perceived as a good thing to do and it should not be any different in Bitcoin and cryptospace. I have learnt a few tips from this thread, I'll keep reading and learning from your experiences.

The recommendation for those investors is that Bitcoin does offer special incentive to get rich it is only for those who can properly evaluate it and deposit regularly. A new investor should have a proper understanding of how Bitcoin works, such as regular accumulation from discretionary income. Simply put, if you want to be an investor in Bitcoin you should set a plan for the long term through that you have the patience to make large holdings. The crypto world is a wide sky for experienced investors through they can get profits according to their plans. That is why they have to make an effort to be knowledgeable about the market situation for a while and accumulate. For beginners the primary goal should be to set a strategy for accumulation regularly and continuously until they have a fairly decent Bitcoin holding. Yes, you will do research on Bitcoin and at the same time deposit it will help you become an experienced investor.

Knowledge => into good experience, which in turn, can get you anything, from good PNL to good ideas and concepts, and so much more.