Topic: What would you tell your younger self to learn this space efficiently? - page 2. (Read 485 times)

Trading is a NO NO for me... Atleast for now.
I've lost alot of money through that route and I think I've just been too much in a hurry - that infact, is something I won't wanna try again. I'd also wanna increase my HODL overtime too.

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uhmmm ... Your name gives me too much concern and it tells alot about your reputation - you got registered the same year like me too but what happened all of a sudden?? You lost your interest? Wouldn't that be the opposite of the reasons why you made up this post??

Sandra 🧑‍🦰

If you will learn anything, just keep trading out of it for now,the only trading experience you need is how to sell when you make profit or you want to buy more coins, all you should learn is how to buy and sell , how to buy and hold for a long term. How to keep calm when the market is bearish.

Then you can learn the basics of bitcoins in a gradual wey, no need for any rush. If  you will buy bitcoins, buy from exchange.

First, I will tell myself to stick to bitcoin and never get tempted to trust too good to be true altcoins as they're nothing but certainly a playground of crypto scammers. Diversifying is good but you can always diversify Bitcoin with other type of investments like stocks or real estate, and not that bitcoin mixed with altcoins.

Second is, do your own diligence to learn in all aspects. Learning does not need to stop when you are already in a higher rank or position, but make sure to learn every time from your actions and decisions so you won't keep repeating the same mistakes and still lose in the end.

I would tell myself to never trust someone easily but only yourself. With the type of space we are currently into, everything revolves around money,  and you don't know anymore who are the legit scammers and who are not. So it's best to focus on oneself and educate yourself as much as you can. Being knowledgeable will give you a weapon against scammers.

In addition,  I would tell myself to never be greedy and never rush into trading without sufficient capital to use and without good experience in the market. Trading is a mental game, and anyone goes unprepared and have no enough weapons in trading will never come out as  a winner, but certainly a loser in the end.

I would tell my younger self not  to get involved in any activity like trading because of the risk and uncertainty thqt is involved in it especially when it's for the purpose of adding to your savings portfolio. As for the method , I think I would go for the best crypto investment method which is DCA method especially for those of that I can't afford to buy big at once. I have come to see that the DCA method has become every effective and It would be the best option for my younger self.

Hehe, TBH I would advise my younger version to focus on what I'm recommending to others these days, better focus on learning and sticking to a single topic in every context afterwards moving to another one. I would have advised my version on being more focused on skill development rather than wasting my time on some shit ways to earn some bucks.

I realized that having a single source of information being dependent on some is not good for efficient learning and exploring this space, so what I would have recommended to my younger version is to not take comments seriously and keep moving and exploring the market with differents modes of information.

Better not to regret focus on the upcoming time and enjoy 

I think I should have been learning how to invest wisely in altcoins because I'm not that good when it comes to making the right decision when choosing the right altcoins. Thankfully I always recover my loss using my unique trading method which I have learned by myself in the past. though it does not always win, that's just the way it is because a day for you and another day against you. Therefore, we should not be sufficed with what we have learned so far rather we try to acquire more knowledge regarding crypto technologies and how to further earn from this opportunity.

In our youth, we must gain experience, and after it, we become stronger. I would start by learning about Bitcoin. Having gone through all the steps and having invested in it regularly, I stayed strong so as not to waste it whenever there were some price explosions and the temptation to sell appeared. Unfortunately, in real life, I missed these opportunities, so now I want to make up for all the mistakes of my youth.

What are you waiting for, it is time to learn something that can benefit you in the future. We are still young, we don't have the responsibilities of people who are married and have children.
Take advantage of your young age to learn something new that can be used as capital to earn income. You are very lucky, because when you are young Cryptocurrency is growing, if you waste time at a young age, you will regret it when you are old.
Maybe that's what I would say to myself to motivate myself to be more serious about learning about Bitcoin and other crypto assets.

I will apply the study strategy slowly to get the best results, the fastest study system will probably lead me to some mistakes that I don't realize. It doesn't need to be too fast or in other words like a premature one that develops before its time. Learn gradually, you will achieve the best results.

Almost the same case as mine.

I started joining signature campaign somewhere in 2018 (Bitcoin paid), and I use a portion of my monthly Bitcoin earnings here to pay some monthly bills here. It wasn't the same anymore currently since I already have a job, but I can't imagine how many Bitcoins I converted just to pay those expenses. At the end of the day, we need it to survive so... yeah I guess there's nothing more to be disappointed on that one. What's important now is we both holding some Bitcoins that we get from signature campaigns.

I would actually tell myself to keep all the BTCs that I have earned since 2017 from campaign signatures!

Back in 2017, I was a college student desperate in needing money in order to purchase study materials. Living with a family of 5 with a single dad is truly challenging- the priorities are somehow focused more on my younger siblings. As the eldest of all my brothers, I have this duty where I should also provide them the needs that they have whenever they ask for something.

Though this may be the case, I would still tell my younger self to HODL and remind myself that days will be better in the future.

Simply don't trade and don't invest into hyping projects. I've learned a lot from those because I thought that I'll make more money with it.

And that basically a combination of what I've learned in the past years of experience of being on this market. You don't have to be too curious with the market and invest here and there.

Bitcoin is more than enough and if you have to add some more, you do it with your spare money so that's my mistake that I have learned.

I would have stopped myself from selling off Bitcoin when it was between $500 and $1k, I would have asked myself to sell off all the altcoins during bull run and I would have rather dedicated myself as a full time trader which I stopped during bear market.

There are a lot of mistakes which I would have stopped myself from doing it and learning curve which I would have embraced. My biggest regret till date are investing a huge sum of money into Mining machineries and couldn't even get 10% returns out of it during 2018 and eventually had to sell the graphic cards and motherboard individually, I wish I wouldn't have done this.

I will tell myself not to rush into trading but first learn more about privacy and wallet security. Trading is not for beginners and any beginner that gets it right at trading at first try, it was just luck and not by their skill on it.

Secondly, I will keep learning new things in the crypto space in order to increase the security of my wallet because, new scam methods are always on the rise to scam away victims of their funds.

And lastly, when I want to invest, I will chose to invest in bitcoin for a long term using the DCA method preferably. If I get attracted to any altcoin, which for sure I will want to gamble, if will be for a small amount of it and money ready to lose if it doesn’t work out as planned.

Scammers, promising victims with huge returns and profits has be the con men's technique of swindling people's money. Many people has left cryptocurrency because of such scammers, targeting their greediness. So, following a slow and effective learning method can be very profiting on the long run. Than rushing to complete, in few days, a whole cycle of studying the bitcoin market. Going back in time to change our bad decisions caused by greed may not be that necessary, because the journey just began for most people who have been in the cryptocurrency space for years. Making critical changes is most important. This minute will be buried in the past, soon. Hence, the funny idea of what we'll do if we were able to make changes about the past, can be restructured to a fresh tool to give us reasons to get things right in our current or present efforts to advance. Our mistakes can't be completely removed, due to the wants of a man. That's why even as experienced bitcoin users, being careful is crucial. It keeps us in control of what we do in the market and also safe guards our investments from wrong decisions.


Analyzing the price ourselves can help us in being a good market analyzer. Most of the analyzers in the market, today, copy the contents of other analysts whom they subscribed to their premium channel. Hence, the result presented on the bitcoin price telegram groups have already worn out of quality. Which idea, would be detrimental to the success of a bitcoin beginner. The ideas and lesson you intend to teach your younger self shows how far you've understood the market. Especially the aspect of patience. Generally, in life, learning requires patience. A gradual process also defends us from the attackers who feast on centralized exchanges. A huge number of their victims suffer from lack of knowledge due to the impatience in learning the right way to save their coins, they'll make errors and blame it on the uncertainty of bitcoin. Instead of regretting their mistakes and work towards becoming a better user of bitcoin, most of them would leave and never return.

If it's possible for me to go back in time and advice my younger self, I would tell myself to focus on learning more about the technology behind cryptocurrencies rather than just the price movements because the technology is what really drives the long term success of cryptocurrencies. I would also tell my younger self to start with a small amount of money and to be patient if I should engage in trading. The crypto market is highly volatile and it's easy to get caught up in the hype and make rash decisions. One more important advice is that, I would also tell my younger self to spread the risk and increase the chances of success by investing in multiple cryptocurrencies and not put all my eggs in one basket. In short, I mean to diversify my portfolios.

I would tell myself not to be in rush to gain. Take time to learn and never believe those who are promising quick profit. Because that's the weakness that many of us can't resist.

When I was a newbie, I have many experienced of losing my money due to wrong investment. Greed is one factor that led me to such situation and for not being knowledgeable. So if ever I had the chance to turn back time and repeat everything, certainly all these mistakes won't happen again. Because i'm aware of what to do in order to stay in crypto longer with no to less losses for doing what is right.

It's best to have trading experience first and it will be more interesting later. Apart from that, the main thing to enter and understand more in this space is to always update and follow developments. So when we experience obstacles or obstacles, for example in trading techniques or information that is considered important when there is a discussion, it will be very easy for us to follow because the events discussed may be the same as conditions we have experienced before.

I have my regrets and if I have a chance to turn back the hands of time I will advice myself not to run after quick money, I was there in cloud mining and hyip and it result in many losses, I don't regret too much because all those experiences is why I know better today, I was like most beginners today who want to make passive income online and I later learned that long term investment is the way.

With all the money I've lost to high yield schemes online I would have use it to buy good amount of Bitcoin, even if I have sold it I would have use it to do something better but honestly mistakes are made for humans to learn lessons, nobody was born perfect and there is no way to get rid of mistakes from your life, it's just like committing sins, we really can't escape it completely. 

Still if I have to give advice to beginners today I will tell them to be prepared, and some are naturally stubborn at heart, even when you know they are doing it wrong and you advice them they will still follow their mind and make the mistake, but after making the mistake what happened after? Learning from the mistake is the best and walking way because of the mistake is just stupid.

1. I would tell my younger self to start accumulating Bitcoin at that stage,
2.  to learn as much as he finds at his disposal, t
3. To ask as much question as his reasonable to enable him stand on track,
4.  to not wait forever before starting up this journey in the Bitcoin space
5. Not Gl only rely on investing into Bitcoin but should intentionally apply the knowledge of bitcoin in the circular society.
6. As my younger self his his now an old man, I am telling him never to give up but to continue learning and improving on a daily basis.