When did you learn about crypto, and how fast did you get comfortable with it?

bocyaj

sr. member

Activity: 1313

Merit: 302

Quote from: SpeedIsAllINeed on February 09, 2021, 01:59:27 PM

I've been involved with cryptocurrencies since 2013, remember the BTC peak at $1200, the DOGE hype.
Back then I got all my information from this very website, there weren't the same resources back then to acquire the knowledge needed to get involved. As a matter of fact, I first heard about BTC back in 2011, downloaded the wallet, but never truly understood how I would go about obtaining any BTC, so I just deleted the wallet again, and forgot about it.

Long story short, a friend of mine (who's mostly in stocks and real estate) asked me how to get started with crypto. He heard about it through the media and wanted to invest a few grand in BTC.

From a newbies point of view, it still feels kind of overwhelming to get started, which made me remember the good old days where I faced the exact same problem.

I started researching projects building the infrastructure to make crypto easy, obtainable, and straight forward to get started with, and came across the Divi project, which will allow straight Bank and Paypal transactions inside their wallet.
Pretty interesting, as it eliminates the need to start your journey on an exchange that requires all sorts of KYC documents etc. The process of trading X for Y on an exchange can be overwhelming as well.

So question I'm asking myself..
Have any of you guys been through the same, did you find it hard to get started with crypto?

It's not easy to get more knowledge in crypto in a short period.Many suprises is filled up in the crypto field.Two days back the price is hard to crossed 51,000$.But ust have a look of bitcoin price.It had crossed 56,000$ and waited for the ATH.This is good news for the people who waited for ATH.

TopT3ns

hero member

Activity: 2548

Merit: 572

#SWGT CERTIK Audited

The beginning of learning cryptocurrency can actually be done anytime when you want, it's just that when I wanted to study cryptocurrency in 2014 it really made me regret that I was late learning cryptocurrenyc and didn't start in 2009 because if I had known that year then I could get a lot profit and of course nowadays you can become a very rich person.

CaptainDeFi

newbie

Activity: 114

Merit: 0

PeakDefi helped me to learn about crypto, I checked their YouTube content and bought some peak before OKEx listing and BSC staking the next week.
They educate really well, yes routine but you have to learn it that way, i watched couple vids and enjoyed. peakdefi.com
https://www.youtube.com/c/PEAKTechDEFI/videos

mersal

member

Activity: 1204

Merit: 38

Learning how a cryptocurrency works is not complicated, pretty much anyone with basic computer knowledge may get it if they see the tutorials about it but we can never get comfortable with the prices of cryptocurrencies. In 2013 bitcoin was worth few dollars buy in 2021 its is nearing 60K per coin which is unexpected for sure even by the creator itself.

dihari

hero member

Activity: 910

Merit: 525

few years ago my friend's tell me that the server computer in his office being attacked by ransomware, all the data are encrypted and can only open after send some bitcoin the an address. my friend and i like, what the heck is bitcoin? Huh

my journey started on crypto in that day. i read all article about bitcoin, blockchain & crypto and keep learning day by day, especially when i started to realized we can make money from it.
when i did my first transaction with bitcoin I feel like a scientist, because no one in my circle have done it before Grin

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: lozovenkop on February 19, 2021, 04:16:19 PM

I learned about cryptocurrency back in 2015, but for some reason I didn't want to study it.
And in 2017 everything changed and I really wanted to conquer it, I spent two years mastering it.

^ Because that you have witnessed that BTC price was in bull run situation? I am right?
This is my observation to those people who come and adopt BTC and other cryptos, they will mostly appear when the market is in the bull run situation.
But that is them, the first impression them on crypto is money and not even understand what is crypto and the technology behind these cryptocurrencies.
Nevertheless, on my own, I have learned a lot, from technical into financial everything of which has changed because of this opportunity that we had. Not only comfortable and also profitable.

Becky666

full member

Activity: 756

Merit: 231

Backed in 2018 after the downfall of the bullish market that started during the 2017, i went into cryptocurrency through my spouse whom now sit down and watch some chat with me becasue of life. At first the game wasn't interested becasue of some terminology which looked confused to me until i came into the limelight of the teaching with my spouse. Little did i know what was ahead becasue i was reluctantly learning the technology as we go, but when the challenge came things turned into good, getting comfortable with the process wasn't as fast per-se.

lozovenkop

full member

Activity: 238

Merit: 113

I learned about cryptocurrency back in 2015, but for some reason I didn't want to study it.
And in 2017 everything changed and I really wanted to conquer it, I spent two years mastering it.

Nikola95

full member

Activity: 231

Merit: 102

I read somewhere in 2012/13 about Satoshi and BTC, but didn't payed attention to that, lol. Than I heard for this forum and signature campaigns few years ago. Everyone of us have something in common. We all say smth like: If I just buyed that coin few years ago, If only I registered in this forum earlier etc etc. Truth is it is never too late to enter crypto world. If it is future, than how can you be late ?

lumierre

full member

Activity: 862

Merit: 100

I learned about new digital currencies a long time ago back in 2013. But began to actively study this area only after some time. The worldwide excitement around Bitcoin and other coins did not leave me indifferent. Since then, I have been a big fan of the innovative digital market Roll Eyes

tygeade

legendary

Activity: 2086

Merit: 1058

I have learned about crypto for the first time 8 years ago, I wasn't this much interested in it but I was here and there and talked about it and had some and spent some, back in those days people earned and spent bitcoin instead of trading it too much, we all remember that 10k per pizza story but the reality is that it was 2 pizzas and that makes it 5000 for a pizza, and that is how people used bitcoin, there were tons of people that earned thousands of coins for simple stuff and there were people who spent thousands to get things done, it was quite common, when I came in it was more like tens of bitcoins per deal.

I became very comfortable with bitcoin that way and instantly because for me it wasn't something that worth a lot, it was like barter for services, I wrote a code for you, and he made a logo for me type of deal.

cheezcarls

hero member

Activity: 2254

Merit: 658

Looking for gigs

Before I was into crypto, I’m into network marketing business and doing work-at-home virtual assistant job at the same time. I quietly left network marketing because of the “leaders” favoritism and treating me inequally.

In the mid of 2017, I started exploring cryptocurrencies and learning them slowly but surely while maintaining my work-at-home job and small freelancing gigs. As I have started posting links regarding to crypto, the “leaders” of network marketing started to criticize me that I have promoted a “scam”. I understand because they are misinformed.

Why am I learning crypto? Because of decentralization, transparency and being highly volatile when buying and selling them in the market. It’s what I am advocating until now. I became comfortable in early 2018 when I started to educate people about the real and positive use cases of it despite the mixed reactions or opinions.

As I continue to post about crypto, I’ve seen my friend list starting to go down because these “leaders” unfriended me and spread to their group chats to do the same. However, I didn’t mind despite that they ruined my name.

As the old saying goes, “When a door closes, another one opens”. I’ve moved on and met new friends in the crypto and blockchain space, and it changed my life. I’ve become stronger. My earnings in crypto and blockchain surpassed the earnings of my network marketing career. It surpassed my expectations, even with the great Bitcoin crash last 2018.

Until now, I love crypto, blockchain and DeFi because of so many opportunities and I never regretted parting ways with that network marketing team who treated me unfairly.

MUG1WARA

full member

Activity: 1008

Merit: 101

for the first time I heard crypto in 2012 but at that time I ignored it, then in 2016 - 2017 crypto has started to be discussed by many people and since then I started to learn about crypto and I started studying in this forum, since then until now I fell in love with crypto

Ucy

sr. member

Activity: 2576

Merit: 402

Bisq is a Bitcoin Fiat Dex. Use responsibly

I probably used Bitcoin for the first in 2016, and really liked what I read about it when I started visiting faucets. It almost sounds like a community-owned, peer-to-peer bank/currency that is decentralized and censorship resistant. Really like alot of the terms/metaphors used in describing Bitcoin back them... like transparency(was compared to transparent/glass bank vault) , immutablity, etc. Learning it was actually very easy for me mainly due to the fact it was taught in smplified manner, it's compared with things that are well known like precious metal mining, coins etc...and it also solved very important problems that bothered me about building on centralized internet and using centralized platforms

nicecrypto

member

Activity: 1260

Merit: 21

My contact with any thing crypto was back in 2016 when one of my colleague wanted to register for something and we could only use BTC then, he was the one that created a blockchain wallet, bought some BTC and register for what we wanted to do. Going forward 2017 my sister now fully reintroduced me into crypto investment and this site and this was when the Bull run for 2017 was just taking off in crypto and have been loving it ever since.

yazher

hero member

Activity: 2184

Merit: 585

You own the pen

When I first came to this site, I learned it all faster than normal researchers because I spent most of my time reading every necessary thing I need before investing real money in the crypto industry. It will make you comfortable soon when you already know what you're doing but you need to know that you gonna face some obstacle and it's up to you whether you continue or not. it depends on your enthusiasm when you want to learn so much the sources are all here and those members can answer your questions whatever it is.

Periodik

sr. member

Activity: 1022

Merit: 256

I learned about crypto in 2016 from my friends who are already familiar with it. At first everything was too complicated for me I felt lazy doing the step by step instruction on how to do my first purchase, how to send it to another wallet, how to create a buy order, etc. Those are the first steps I learned about crypto. And then it was only later on when I got really interested of what more crypto can offer.

fia_naila

sr. member

Activity: 770

Merit: 258

The Standart Protocol - Solving Inflation

I learn crypto in early 2014 and after couple of week i mine it i get comfortable with it for transaction, i buy TV from my big brother for 0.16 btc at 2014 ( this is my first purchasing goods using crypto ) it was $400 per btc. The fast and cheap for the transaction which makes me comfortable with crypto.

bittraffic

hero member

Activity: 3038

Merit: 617

Back in 2011, it should have been easy to understand for a newbie since there are fewer projects yet that started developing complex structures. You will just need to learn what's blockchain and its relation to the coin. The hard projects to grasp are the ones like BURST and NXT but they were just like platforms today such as ETH and TRON. Now there are more complex projects like the Defi projects. It took me weeks to really learn about cryptocurrency when I read some technical details from the users.

I can't remember when but one line that struck the most to me was when someone simply explains that "BANKS/Government should just create their own blockchain for their own coin/currency."

memyselfandi

full member

Activity: 573

Merit: 100

Futurov

I learned cryptocurrency way back in 2017-2018 during the massive altcoin pump. A friend of mine taught me the basics of crypto, how to do bounty, trading, mining, hodling, how it works and many more. It just happens that after 3-4 months, I stopped doing it because I didn't see the true potential, importance and value of crypto at that time. I think my learning progress is slow because I'm not able to understand the capabilities of crypto. After 3 years which is 2020, I returned to crypto world and up until now I am still learning and gaining knowledge while staying here.

Topic: When did you learn about crypto, and how fast did you get comfortable with it? (Read 229 times)