Ok, so here are some personal and some derived from comments I read above, which applies to me too.
1) I'd tell myself to not to hold on to altcoins forever, most of them don't last, either they go dead or go to such low prices that they never recover from. Convert profits made from alts to Bitcoin (or stable coin) and hold onto it.
2) Always have liquidity available to take advantage of market bloodbaths.
3) Although this one didn't cost much but valuable lesson nonetheless. Don't jump into defi platforms looking at lucrative triple digit apr, in the end you will only have worthless shitcoin in your end.
4) Don't FOMO. What goes up, must come down.
Topic: What would you tell your younger self to learn this space efficiently? - page 3. (Read 485 times)
November 15, 2023, 11:53:12 PM
November 15, 2023, 06:11:25 PM
I'll advise myself to learn from other experiences. It is way more cheaper that way. Do not instantly believe in Price analyst without verifying the truth behind and most importantly, I will tell myself to learn to hodl and not just get blinded by the instant profit presented upfront. Patience is the key to Bitcoin's huge profit so I will remind myself to have patience.
I will also tell myself to be wary of centralized exchanges and never leave my Bitcoin and other cryptocurrencies for a very long time because it is frustrating to find out that the exchange holding our cryptocurrency shuts down or has gone rogue. It is always best to keep or coins in the wallet where we have full control.
I will also tell myself to be wary of centralized exchanges and never leave my Bitcoin and other cryptocurrencies for a very long time because it is frustrating to find out that the exchange holding our cryptocurrency shuts down or has gone rogue. It is always best to keep or coins in the wallet where we have full control.
November 15, 2023, 06:06:44 PM
I would tell myself not to fall myself for the trading influencer we usually see over social media platforms these days as they are just making money by fooling the viewers and out of greed they blindly follow them in order to earn some profits.In this market best is to keep learning and learn from your past mistakes taking it as an experience dose.Then securing your funds is key to growth as kearn about how to be safe when the hackers and scammers has so many ways to drain your wallets with just one mistake.
November 15, 2023, 05:51:33 PM
Very simple, to always chill and calm on this market because it's always the ones who can't take the heat gets the worst and get out of this market. Another tip is to never get tired of holding. It requires patience and I'll actually develop a lot of things when I'll just be patient at all times. Last one, is to never panic. Whatever happens to this world and on this space, never panic because it's not always at the bottom and the same goes at the top. Nothing beats someone who's informed that has got a plan while holding all of your crypto assets mainly Bitcoin.
November 15, 2023, 05:50:50 PM
Hello,
With all the knowledge you have everything regarding cryptocurrency, what would you tell your younger self in order to learn the best / fastest to get the most out of this space?
Such as: trading, strategies, technical info, learning methods etc etc,
Any help or guidance is appreciated
I would advise myself not to get involved with the MMM crypto investment Ponzi scheme and always Dyor first and never trust even a close friend's crypto gem recommendation. In addition, I will advise myself to always try newly introduced cutting-edge technology instead of relying on false and fake news which was what prevented me from joining the crypto community at the early stage.With all the knowledge you have everything regarding cryptocurrency, what would you tell your younger self in order to learn the best / fastest to get the most out of this space?
Such as: trading, strategies, technical info, learning methods etc etc,
Any help or guidance is appreciated
November 15, 2023, 05:15:54 PM
Hello,
With all the knowledge you have everything regarding cryptocurrency, what would you tell your younger self in order to learn the best / fastest to get the most out of this space?
Such as: trading, strategies, technical info, learning methods etc etc,
Any help or guidance is appreciated
I will tell my younger self that I should allocate sufficient time daily for learning, whether through reading books and articles or engaging in meaningful discussions published in popular blogs and this forum. I should also follow educational courses on YouTube. However, I must derive this knowledge and learning that will help me achieve maximum benefit in this field from reliable sources and prominent people with experience.With all the knowledge you have everything regarding cryptocurrency, what would you tell your younger self in order to learn the best / fastest to get the most out of this space?
Such as: trading, strategies, technical info, learning methods etc etc,
Any help or guidance is appreciated
I should prioritize the research process at the beginning of my journey, even with the first investment or trade I undertake. I can continue this approach from the beginning to learn the basics and familiarize myself with popular portfolios, their types, methods of securing their security details, etc.
This situation continues for weeks or months to become familiar with every small and large thing, and then comes the role of learning by practice to affirm the information further. When I am qualified, thanks to the experiences and knowledge I have acquired, I will tell myself to invest what I can afford to lose and stay away from FUD and FOMO; Patience is the key.
November 15, 2023, 04:53:15 PM
Hello,
With all the knowledge you have everything regarding cryptocurrency, what would you tell your younger self in order to learn the best / fastest to get the most out of this space?
Such as: trading, strategies, technical info, learning methods etc etc,
Any help or guidance is appreciated
With all the knowledge you have everything regarding cryptocurrency, what would you tell your younger self in order to learn the best / fastest to get the most out of this space?
Such as: trading, strategies, technical info, learning methods etc etc,
Any help or guidance is appreciated
If I was to know about bitcoin maybe from its infact stage, I wouldn’t have mind selling my fathers land to buy bitcoin which I’m sure he would have been very proud of me by now but nevertheless I don’t want to regret not accepting bitcoin early because I got to know about it when ponzi was very rampant in my country and every internet money seemed like a scam and Ponzi scheme and bitcoin wasn’t even exempted .
Long story short, if you’re post is about giving you some advise, then I would tell you to go buy bitcoin and thank me later and also avoiding sharing your pass phrase or keys as with this, someone else without your authorization, can get access to your coins.
Security is key and since bitcoin is decentralized, always stay anonymous in your cryptocurrency transactions.
November 15, 2023, 04:37:19 PM
Hello,
With all the knowledge you have everything regarding cryptocurrency, what would you tell your younger self in order to learn the best / fastest to get the most out of this space?
Such as: trading, strategies, technical info, learning methods etc etc,
Any help or guidance is appreciated
I am the type of person who is very careful about getting involved in something. If I could go back to my youth, I would prioritize reading books about cryptocurrencies and their ins and outs. Apart from that, joining a supportive community will give me more freedom to gain knowledge about cryptocurrencies. I don't really like trading, I can't stand seeing charts that change all the time (maybe it has become a phobia for me lol) With all the knowledge you have everything regarding cryptocurrency, what would you tell your younger self in order to learn the best / fastest to get the most out of this space?
Such as: trading, strategies, technical info, learning methods etc etc,
Any help or guidance is appreciated
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November 15, 2023, 04:35:01 PM
I will advise my young self to learn more about Bitcoin tech, security, and privacy, and I will also advise myself to learn more about how to read and analyze price charts of Bitcoin and other crypto so that I can make more possible predictions in the market while trading some crypto. Although I just have a little idea, I can't actually compare it to that of some people, whom I know are far better than the knowledge I have in tech and trading generally.
November 15, 2023, 04:26:41 PM
I can chime into learning strategy, which is the most important, in my response. While reading about bitcoin, it's crucial to jot down new terms and definition in a notepad. Revise them each day before reading new article about bitcoin. Then make threads according to your understanding so far on the definitions you've learnt. Add your contribution, criticism, benefits etc in the thread. This will open space for more contribution and argument. And the more people respond to your thread you'll learn faster. Sometimes, technically, the arguments happening on your thread can fetch you ideas for another thread, which will also increase your possibility of learning new ideas in bitcoin. Learn and relearn as much as you could. Before participating or venturing into trading or similar investment in bitcoin. Goodluck.
November 15, 2023, 04:18:37 PM
Hello,
With all the knowledge you have everything regarding cryptocurrency, what would you tell your younger self in order to learn the best / fastest to get the most out of this space?
I'll tell myself to not forget that bitcoin is the future and it a must for me to be counted the people that will be holders in the future when bitcoin finally reach its prime, all the other cryptocurrency are mediocres should be giving less or no attention due to how most are not viable for the future With all the knowledge you have everything regarding cryptocurrency, what would you tell your younger self in order to learn the best / fastest to get the most out of this space?
Quote
Such as: trading, strategies, technical info, learning methods etc etc,
Any help or guidance is appreciated
November 15, 2023, 03:31:34 PM
With all the knowledge you have everything regarding cryptocurrency, what would you tell your younger self in order to learn the best / fastest to get the most out of this space?
Such as: trading, strategies, technical info, learning methods etc etc,
Any help or guidance is appreciated
Dont be greedy. First is to learn the fundamentals and basics of trading and blockchain. Itd better to be equipped with such knowledge so I will advised them to focus on it and how it works. Of course Id tell them that it need courages to engage and earn from investing too but always dont forget to profit from it and never regret selling if its get too high cause contentment is also important. Such as: trading, strategies, technical info, learning methods etc etc,
Any help or guidance is appreciated
November 15, 2023, 02:35:39 PM
Learn the learning method to technical info. Stay away from the crypto trade first.
Learning basic knowledge about Bitcoin and about crypto space on an ongoing basis to other stages is a thing that I will say to you even for me.
Start from A to Z. Don't reverse, from Z to A.
May be reversed, as long as it makes it easy for you to understand it.
Learning basic knowledge about Bitcoin and about crypto space on an ongoing basis to other stages is a thing that I will say to you even for me.
Start from A to Z. Don't reverse, from Z to A.
May be reversed, as long as it makes it easy for you to understand it.
November 15, 2023, 11:26:16 AM
technical info, I mean, that is the only way to properly start on anything that you don't understand yet. people who tend to want to learn how to trade cryptocurrency as fast as possible usually are people who are FOMO, they are afraid of potentially losing profit from trading cryptocurrency and they want to get in on it as fast as possible but in the end, they end up losing/wasting money.
November 15, 2023, 11:09:04 AM
Don't immediately jump into investing and try to learn what the ins and outs of this industry are first. Most people immediately jump into buying random crap on CoinMarketCap that causes them to get burned in the end if they don't exit after x ROI.
But really, I can't tell if there's any better lesson in this industry than experience. Most great investors/traders I know all went through the portfolio-down-90% phase that I think almost everyone that wants to trade altcoins needs to go through this hardship.
But really, I can't tell if there's any better lesson in this industry than experience. Most great investors/traders I know all went through the portfolio-down-90% phase that I think almost everyone that wants to trade altcoins needs to go through this hardship.
November 15, 2023, 11:03:23 AM
What did you primarily look into learning?
Technical stuff and the history. For the former, I recommend you to read Mastering Bitcoin and learnmeabitcoin.com. For any questions, use this place and stackexchange. For the latter... I think you're in the best place. 
I've bought coins since around 2019 but I do not know too much (mostly buying ada, xmr, eth, btc).
In my opinion, ADA and ETH are shitcoins. Bitcoin is the best in terms of risk and capital appreciation. If you've bought cryptocurrencies with the assumption to get rich, then you're in the wrong place. Nonetheless, Bitcoin still gives pretty good ROI. 
November 15, 2023, 10:56:13 AM
~snip~
I've bought coins since around 2019 but I do not know too much (mostly buying ada, xmr, eth, btc).
I've bought coins since around 2019 but I do not know too much (mostly buying ada, xmr, eth, btc).
No offense, but if after almost 5 years you don't know more than you did then, do you think there is a chance that something will change in this matter or will you ask a similar question sometime in 2028? It would be logical if you learned at least some basic things, and only then invested - although it is good to have a hardware wallet, regardless of the bad reputation of that company.
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What would you tell your younger self to learn this space efficiently?
I would tell myself "buy more Bitcoin" and "stay away from all altcoins" which would definitely be the two best pieces of advice I could give myself.
November 15, 2023, 10:45:10 AM
To know more about the cryptspace is fun and I will continue to learn and study on bitcoin to keep on improving myself everyday. I will also not patronize centralized exchange for any reason, and I will always be working on my privacy.
What did you primarily look into learning? I was thinking about the whole technology in general so I could understand the terms used often. I've bought coins since around 2019 but I do not know too much (mostly buying ada, xmr, eth, btc).
I will tell myself never to play around shitcoins and only focus on increasing my bitcoin portfolio with regular DCA. This is because altcoins are waste of time and they will end up dumping to zero, and will lead to big loss for their investors November 15, 2023, 10:45:04 AM
~snip~
Hey and thank you for the reply,
What did you primarily look into learning? I was thinking about the whole technology in general so I could understand the terms used often. I've bought coins since around 2019 but I do not know too much (mostly buying ada, xmr, eth, btc).
Thanks.
There are topics like bitcoin technology terms and abbreviations that you can read and get basic know of the frequently used terms.
In the aspect of buying crypto i strongly advice not to get involved with shit coins because there are pumped and dumped for a selfish reason.
Just buy Bitcoin and hold for a long time and you will surely get more benefit from it.
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I was also thinking perhaps I should concentrate on learning to use wallets better as I only have a few (mainly just use ledger nano x).
Yeah you surely need to learn use wallet better and be more conscious of your security. Here is a thread https://bitcointalksearch.org/topic/general-bitcoin-wallets-which-what-why-1631151 by @Lauda to enlighten you on wallets
November 15, 2023, 10:39:24 AM
My advice to you is to learn more about technology before considering any type of investment. Trading methods and investment techniques are a special stage for experimenters who have become proficient in the basics of blockchain, such as learning about the various networks and their characteristics, including storage wallets, stock exchange platforms, and other important principles related to maintaining privacy and securing assets.
Here on the forum, this can be done easily by following the discussions for beginners and following reputable profiles who constantly provide support to every knowledge seeker. In addition, you can easily use the search feature at any time to get quick answers or post a topic regarding any question.
Here on the forum, this can be done easily by following the discussions for beginners and following reputable profiles who constantly provide support to every knowledge seeker. In addition, you can easily use the search feature at any time to get quick answers or post a topic regarding any question.
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