How HARD the crypto world really is ?!?!
I am a totall begginer in the world of crypto and I did a lot of reseach on the crypto world and how to get started in it. Many readers and bloggers on this website are allready in the crypto world for a long period of time and have allready made or lost some money with crypto. There are also a lot of guides on Publish0x on how to open wallets, what should your first investement be etc...
Those blogs and articles have written people with a lot of time spent investing and reading about it. But lets see the perspectiv of a begginer that has little to zero touch with crypto world and that is willing to try himself in that world.
When we talk about crypto it is allways told us that it is a big risk and that we shouldn't let us go in this world and try it out. Some of the first things I did to start my research about crypto is just typed What is Crypto ? into google engine and started reading articles. When a begginer starts looking into crypto sooner or later he will see that there are more stuff to learn than just to trade. He need's to start looking and learning how to find investment opportunity's, learn about blockchan and web3 development and a ton of other stuff that is not easy to understand.
Now that a begginer has read about what is crypto, he will start looking for the ways to get into and the ways to put his money into cryptocurrencies, at least that is how I did it and how other beginner should do. Really fast he will see that he needs a wallet on the blockchain to start putting money in it, one of the first that he will discover is going to be Metamask or off-chain wallets like coinbase wallet or KuCoin.
A lot of beginners will watch couple of youtube videos on what the big currencies are and will just buy ethereum, btc, solana etc.... And he will be watching the market go up and down but won't understand anything he will only stress himself why is he loosing money and not gaining any ? By that time he allready know what the crypto charts are but won't know how to read them. Most beginners start out by watching youtube tutorials or Chart Analysis videos.
Like I said I am a beginner personaly but there are just some stuff I saw some other beginners do and some stuff that I got told by the people that are years in this world. Crypto world is one of the hardest to start in and fully understand it. It will take a good amount of time for someone who didn't have any touch with this topic to fully understand this world. Of course like I wrote above there are ton of youtube tutorials, lessons etc... A lot of them are really helpfull and people should take notice on that stuff. But if there are good stuff than there are going to be bad as well. The few bad things is the market is sometimes unpredictable and you will lose money that is for sure but you should not panic if btc starts going down and you start selling it like crazy and loosing money. The other big problem that I personally allmost fell for is all the fake crypto gurus and fake crypto professors that get rented lambo and start making videos about they crypto tip groups. I talked about crypto tip groups in one of my articles and they are just manipulating some shitcoins into making profits for them. There are shit ton of those groupes on Discord and Tellegram and I get daily invites into them.
The first thing you see is an post by the admin saying BUY THIS NOW OR YOU WILL WAIST THE OPPORTUNITY. Sadly a lot of people fall for shit like this but that doesn't mean you will fall for it. But on of the best things I learned is that research pays of and that there are many way's for you to learn. On publish0x there are ton of bloggers posting daily analasis of the market, daily lessons and a lot of news and topics about crypto and cryptocurrencies. One of the most important things is to have patience and do your own research.
Now the summary is that crypto world is hard and specially for beginners, there are a lot of people with more time in this world than me. And please let me know in the coments do you agree with me or disagree.
Thank you for reading and have a nice day.
By Namkeza
How do you rate this article?