Topic: How long have you been into cryptocurrency and what have you learnt? - page 2. (Read 780 times)

I have been in crypto for quite some time, I have some ups and downs one thing I can say I've learnt so far is that if you decide to Hodl you have to split what you've got, keep some and sell the rest because investing 100 percent of your capital is a risky gamble. Many people have had lots of heartbreaks in crypto because they don't apply this system especially when they are dealing with alt coins. Risk management is very crucial in the financial market because anything can happen

What I have learnt is that one can't no everything about Bitcoin without getting involved in it, after some class about Bitcoin I started investing in it and as time goes on I started knowing some things that I didn't know before and I found out a better strategy to use in my Bitcoin accumulation, one can learn everything about Bitcoin until you start your own investment journey.

Secondly I have learnt that in other to secure your Bitcoin investment one needs to learn or know how to manage his or her money very well and also have a backup funds, some people always dip hands into there Bitcoin investment because they don't know how to manage there salary and to grow in your Bitcoin journey you must learn how to manage your salary or money very well, backup funds helps in time's of emergency and without having a backup funds one will always dip hands into his or her Bitcoin investment.

And thirdly I have learnt that one needs to be consistent and patient in his or her Bitcoin investment journey, this two things helps to become successful in Bitcoin investment.

If I have ever learned anything in cryptocurrency it should be that of not being too greedy and always being patient. Don't be in haste to invest do personal research before rushing to do your investment than flying from project to projects with this you make yourself too vulnerable to be attacked by fake projects.

See better questions, I have been introduced to cryptocurrency just early of last month and joined bitcointalk early of this month, I can say it a pleasure to be here, but no be small thing o, firstly when I told my friend that I want to join, he first laughed and ask me when last did I read my books i told him that's when I finished from school, he told me that I can read a lot here and also be patient same time, I said okay I'm ready to join and I joined, 

And now I can see the forum has many boards with different discussion, here i learn a lot. must especially about bitcoin, I learn here that bitcoin and trading there's little difference.

Well I don't have much to say though, but when it comes to this space the learning phase don't have ending because we all are learning everyday from eachother. Because everyday things are changing and this space really broad that's why most time alot of folks will just a find a place they can base on In this space because of the broadness. Like most people have encountered with either they are airdroping or trading or doing one or two things . So this space is really fun and we are here to learn and same time earn through this space.


Exactly in this space most of us also past through alot of difficulties before getting to the place we are now . Like me I remember I started with crypto trading without being well prepared and I endup losing massively because I didn't learn with demo account I actually go into it with my hard Earn money because I thought I could make it quick through this space but was actually the other way round. Then have to take my time to acquire more knowledge on how this space  works and the help of this forum and my personal research, I have been able to come this far and my hardwork are paying. But all glory be to God for bringing us this far.


Exactly boss , nah the truth you talk so patient nah one vital things for this space. Because nah those wey dey patient dey gain am pass because there's no shortcuts for this space , and just imagine those big men wey dey patient with their holdings from tears back come reach now, dem go dey good profit nah because of being patient and consistent.

I dun dey the industry dey reach 10 years, next year supposed make am 10 and the things I dun learn plenty but the most important na say make we no carry Bitcoin play. If I tell you say I meet Bitcoin for $1k and follow celebrate am when e break $10k but how many I fit brag of? Make we no neglect Bitcoin especially the new generation of investors because when Bitcoin go dun achieve another price milestone and we no follow celebrate am based on say we hodl am, na bad thing. That altcoin wey you they think say better pass Bitcoin, e go do you like film when nothing go come out.


You need patience if you wan go far so make we no dey fear anytime wey market fall as e go always come back up. The amount of times wey Bitcoin dun fall ehh person no fit count self. For that laziness party, e no too sure because say na the lazy investors wey just dey buy to hodl and not trading, na dem dey make the money pass. But sha we need to dey learn everyday so we fit dey updated and not get scammed as that one na one sure thing for the industry, scammers go always dey plenty.

I dont think OP meant when you come to the forum rather he was referring when you heard about cryptocurrency. Because i know you must have heard about cryptocurrency before now and have some knowledge before you heard about the forum and want to grow your knowledge here.

Learning crypto terms was not easy for me at first. It took time to get familiar with some of the terms but consistently seing them made me understand and know about it faster. Having to use the centralized exchange from the beginning was a problem but all thanks t0 YouTube and reddit where i got some useful resources that helped my journey. At last the forum made me a pro i am now.

Di most important thing wey I don learn for cryptocurrency be say no be get rich quick scheme, some people de think say na place wey you go enter and small time you go blow. Di reality be say weda na crypto investment or trading you choose, no be for the di unemployed or people wey no get money because you need money to make money for inside crypto business. Di only wey to make quick money for cryptocurrency na to gamble your funds, if you buy cryptocurrency wey no get reputation for di market, you fit to get plenty ROI or di project fit to scam you and you go lose all your money.

For dis forum I learn say person need to carry out research before dem go buy any cryptocurrency odawise your money fit to burn. Na for here I get di knowledge say na Bitcoin be di most trusted cryptocurrency wey don build reputation for di crypto market as a store of value. Anoda thing wey I don learn na di importance of securing your private keys and seed phrase because dat na di only proof of ownership to your coins for inside Blockchain.

I have been also 6-7years in crypto and I can tell you that it has been a rollercoaster ride. The most difficult time was the the first 3 years when I still trying to get a hang of the whole crypto market stuff. I didn't know the directions to take, whether it was crypto trading, or mining in the smallest form, or just holding. But as time went on, and as I studied more and got more acquainted with the community, I knew what I wanted and stuck with it. And I can tell you that whether the market goes up or comes down, I dey alright because of my psychology.

I've been into crypto for over a year now And I don't have any dramatic or failure stories to share for now but I've seen close friends of mine talk about their experiences so for me it's been a journey of learning and growth basically.

The most important lesson that I have learnt has been the importance of patience and education as I have seen so far, I've spent countless hours reading and learning about the market And it's helped me make informed decisions. I've also learned to set realistic expectations and not get caught up in the hype, we all know that crypto is unpredictable and it's essential to be always prepared for it's ups and downs, I'm still learning and growing and I'm excited about my research and findings especially doing some of the research on my own.

Well for me I guess it's not being long but I have definitely learnt alot and the key to staying updated is actually opening your mind to different things and making a lot of research yourself because from my little understanding of the whole crypto space is that no one ever knows too much and basically most of the things are just speculations, so making research will just keep you on edge over some vague information and thought of some so called crypto experts.

The first thing I'll say I learnt about Cryptocurrency is that it is not a scam like I thought it was when I heard about Bitcoin. In years back, there were lots of ponzi schemes like mmm and ultimate cycler trending and I lost from both even though I made some profits from ultimate cycler at the early stages, so that made me feel Bitcoin was another scam.

 After a while, i picked Interest during my university days by 2016/17 and the first thing i learnt like I said earlier is that Bitcoin wasn't a scam programmed like the ponzi schemes I mentioned to do away with people's money and too I had to clear the impression that Bitcoin wasn't the only Cryptocurrency and shouldn't be referred to as the general name for all Cryptocurrency.

 But coming into this forum I'm beginning to realize that Cryptocurrency is more deeper than I thought and there are lots of profitable Cryptocurrency assets one could benefit from, all you need to do is make proper research and read the white paper of any Cryptocurrency assets before going into it.

I never really Tay like that for the cryptocurrency space but I fit attestify say the things wey I don learn e too plenty well well especially when we talk about the Bitcoin in particular because when we say cryptocurrency na the whole entire big space and all the principles that follows it. When it comes to earning or gathering wealth then the knowledge I have gathered is what is guilding me all through my journey.

You da try as a dey so. I go suggest you read Wella..get interests in reading and exploring. That's the way to learn faster. Read historical data. Watch yt videos Wella.

Well enough, I have been introduced to cryptocurrency for over a decade now since it became a news in our campuses and everyone was curious to join the trend only that during those periods, cryptocurrencies were more tagged to fraudulent activities such as the internet scams, ponzi scheme, etc so many of us looked at it from that angle and never cared about joining or taking a step further to learn. I think during those period of time, only those who were more curious to know about the technology actually survived in starting well off on time which largely benefited them. Today, I'm also one of those who can testify that cryptocurrencies are real and have come to remain, so the advice for any young person out there who doesn't know the benefits yet, is to crawl around the industry.

Omo me I dom learn many things oo. First wen I come here everything just dey like mystery for me like I mean I been no even get knowledge about Bitcoin and any crypto currency of a thing e been just be like say I dey read something wen I no dey understand but on my own I come decide to back am up with research in case of some words I no understand now I dom learn many things wey concern Bitcoin and cryptocurrencies but na seriousness matters oo but the real matter be say I still dey wan learn because I Neva know all infact no body fit know all concerning crypto currency because everyday new things and knowledge dey come.

I was told of cryptocurrency by someone (Taught) in the month of November 2022 in school and in the month of December 28, 2022, 06:24:56 AM i join di forum and doing well but was kick out and cameback with 2nd chance and in my absence here. I invested small and I made some thousands last or previous ATH.

At first cryptocurrencies nor be get rich quick, but with nice approach person go fit make good amount of money from it . But first person need to take e time learn first because without learning person nor fit earn for this space. Because every thing nah process like when I first start my crypto journey my friends first dey laugh me , like them dey make fun of me say I dey waste my time , but look now nah dem con dey meet make I teach them how things work for this space .

Because for this space everyday nah person dey learn new things , and all thank be to God say my hardwork and my time invested on it too pays off .

The idea of crypto has been of help to me and my family even my friends them self, although when I get to know about crypto is not when I started exactly but with the idea I have accumulated all this while has been helping me and it's still helping me and I never regret why I know of Bitcoin, which I'm very glad to know about it and also tell it to other people who are ready and willing to learn but e get some people wey dey rush to enter in crypto very fast, them no won get to know about am finish before investing or trading which go make them dey lose money unlike when I was told about it, I had to know about it and study about it for a long time before I started investing and trading as well.

Watin you talk no actually dey bad sha, we get many pipo wey join this crypto space with the wrong mindsets say them go reach all of a sudden if them invest for Bitcoin. But to say the truth, anyone wey call em self real investor suppose to get patient enough to withstand the pressure of lose. Why I talk like this be say if person no get mind and em dey invest for Bitcoin, when Bitcoin go start to dey depreciate for a while, the person go sell out of fear. Bitcoin investment actually needs patient because nah something wey person go must profit from if em take em time invest and hold for a long period of time. Moreover e no dey easy for investor to hold especially when e be say the person wey dey invest never get any crypto knowledge. One other thing be say person no dey learn something finish, as you dey learn this one another one dey come up and e go make person not to relent sha unless say the person dey lazy before em go quit. At early stage for investment e no dey advisable for anyone to quit because as time goes on price dey add, so anyone wey quit now nai lose.