Bitcoin Forum

Hello and thank you for clicking on this!

So, what I mean by the title is, how did you learn what everything means? What is good? The whole market in terms of coins and tokens, the technical information, how they work, the technology and competitors, etc.

I see so many coins yet If I read the whitepaper or try to dive into things I quickly find out I don't really know much. Yet I see many people who are very positive on certain coins as if they've understood everything within the project and also the competition and made a good logical decision.

My question is how do you get to that point? Anyone have a blueprint on what they did to acquire that knowledge to figure everything out? I'm willing to spend hours on end everyday learning but would greatly appreciate pointers on where to start and go to.

Thank you for any help it will be very much appreciated.  :)

I zoom into Bitcoin and learn about it bit by bit, I've been doing that for about 5 years now and in still in the learning phase as there's so much knowledge to consume. You don't need all the knowledge to use Bitcoin though, just enough to verify it works.

These people are mostly going in with luck. There are thousands of coins/tokens and hundreds keep on being launched, it's impossible to understand them all or how they work, people just throw money into a couple after doing a basic research and hope they don't lose out.

Those hours can be spent into learning a skill or applying oneself to an activity. The crypto Space, particular altcoins, is a can of worms where devs want to rip you off your money.

I think that each person develops their analysis technique, based on their experience of use.  Even if you can explain some tips and tactics they use, it will always be difficult for someone else to follow those guidelines.

Because, deep down, everything will depend on the feeling that each one has, and that cannot be explained or taught. For one person one type of analysis may work better than for another.

Therefore, the recommendation that I always make and that works for everyone is: never invest more money than you are willing to lose.

Started as a newbie testing the waters, making wrong move , due to lack of information, but learn from the mistakes , you may experience a lot of obstacle along the way, but if you use them as a stepping stone, and not to put yourself down, you have a brighter future in crypto, since there is not a single person in crypto world who has not make a single mistake, I think even satoshi does make a mistake along the way.
so never give up, just keep pushing yourself rest but don't stop.

I think you learn through experience because once you read on something you actually draw your own conclusions through it and then it shapes your idea of that project. This doesn’t mean that is what is meant for because they must have hidden something’s. And few years you find out your assertion of the thing was wrong then you take this experience into consideration when researching another similar project.

The issue of cryptocurrency is broad and can’t be boasted off by anyone to have mastered it. You just grow in knowledge as you go in the game. People that are into trading look into projects from certain perspective like what they could offer, how they want to create solutions to the problems they present and if the problem hasn’t already been addressed before. But in all honesty I think most of these investors after all these research still just leave the whole idea on gambling because even the most knowledgeable isn’t sure of any other projects.

That’s is why currently when you come into bitcoin it simple knowledge because you just have to learn about its securities and wallets guides. The issue of its potential has already been resolved long before.

I assume you're asking because you want to invest? One thing that I learned by venturing around the corridors of this forum for years is that there are way too many projects born every day --or weeks, the token section is currently has been quiet for a few days-- that it's near impossible to handle and understood all of them at once, and that's ok.

IMO, if you plan on a short term holding --or perhaps it suits better if I say "trading"-- stick to old coins which are more established and less likely to be rug-pulled. Only if you're ready for a longer period of holding, you can try investing on those ICO and ITO. And by "long period" I am talking a period that can span for years. Focus on couple of projects only, do a deep DD on these projects and determine if they worth taking and suits your financial strategy or not instead of trying to understand as many projects as you can.

Those people who seemed very positive about some coins, more likely than not they're a hired shillers and/or hyping a coin with their comments to fulfill their own agenda.

Give the projects you're about to invest a thorough read, check their roadmap and their tokenomy, feel how professionally-written their whitepaper is, crosscheck their team's background, visit the scam accusation boards of this forum to see if there any thread raised on those new projects you're about to invest. There are dedicated people on this forum who actively scan the token board trying to tackle scam projects from taking advantage from the forum's members. That'll help narrow down your options.

I learn by reading.
I learn by listening.
I learn by asking questions.
I learn by researching.
I'm still actively learning.

Everyone has his own special way of learning; you just have to discover yours. When it comes to reading white papers and knowing a good project to invest in, those things, I believe, require individual interest in particular kinds of projects. There are people who already have it mapped out so that when they see it on a project, they see potential in those projects. 

I don't think there is any certain kind of special skill that one can use to predict a good project. I believe you just need to develop yourself on how the system works, and then the rest is based on individual assumptions. No one wins 100% of all their project predictions; some times they fail, but most times they become positive for the predictors. 
 

For now I have interest in Bitcoin only and I have been reading and studying about the sector. It is not possible to learn everything about Bitcoin so I focus on the basics and some areas of interest. Learning everything about the crypto space is not possible. It is like learning everything about the human body, which is usually handle by diverse specialists. Reading the Whitepaper is a commendable step and my advice is that you focus only in Bitcoin and build your knowledge base in the sector. As you keep spending time in the forum, it will constantly increase your understanding of the bitcoin sector.
I also feel that nobody perfectly understands the crypto sector, so some of the investment or projects that turns out to be profitable might be as a result of knowledge and luck. But if you want to reduce the risk of losing your money, invest in bitcoin only.         

No one has come to this forum with prior knowledge . Everyone came to the forum and gained knowledge about everything. If you want to do well in the forum, you need to spend time in the forum and read the posts of senior members more and more. I have seen many new members come to the forum and do great things. If you want to do good in forum then spend more time in forum and read more posts of senior members. Then you can acquire all kinds of knowledge. I hope you understand my point. thank .

It looks like for me you want to learn more about everything about Bitcoin and other cryptos. And it looks like you are going to use it to find a good project to invest in.

I have the best source where you can start from technical to trading. I believe this would be the best source to learn them and I think the fundamental analysis is what you looking for.

Here some source

- https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

If I'm right then go straight to FA or better learn them all

About the technical side and development check this https://github.com/yjjnls/awesome-blockchain

If you want to learn in depth because you said you're read the project's whitepaper, I suggest if you want to learn about project's whitepaper, you should learn the Bitcoin whitepaper first. Other project's whitepaper mostly tend to mislead you and they're mostly focus on reward or profit, so it's will be useless for you to really understand about shitcoin's whitepaper.

Don't wasting your time because there are around 20K+ tokens out there.

Reading regularly and absorbing important information, if ever there is a term that I do not understand, I search for the meaning of that terms.  Or ask question on the announcement thread or telegram of the said project.


Among the cryptocurrency, the best is Bitcoin, if we find the best we do not need to get involved with other cryptocurrency, since most of the new release are just a copy cat of the previous coins and often use to milk investors of their money.


Those who are positive on the new projects are those who invested on it regardless of what is written on the whitepaper or the developer is capable of fulfilling the promised roadmap.  They intend to be positive to lure more investors so that their holdings will increase in value.


Experience, researching, reading and asking questions, verifying answers to questions.  These are the most important steps to have better understanding of every crypto project.  There is no such thing as instant knowledge especially if we are talking about newly created crypto projects.

Don't get it so complicated, you don't need to rush in learning about bitcoin or cryptocurrency in general, everything takes time and procedures, you have to first discover your own area of interest first, if it involves the technical aspect or the discussion aspect, then create time to learn from this aspect you're good at and make it a continuous process, dont rush, make research and consultation on many areas, you will later discover that growth is a process that needs time to take place in learning.

I just joined the forum to have informative knowledge with people here and gather sources for my learning. But if you ask me how I learned some stuff about the alt coins or crypto itself, then of course its only from the internet, every details about my questions I researched every bit of them and little by little having ideas and just trust the process. I can't say that I've learned everything about the market seems like the basics and techniques only, that's why everyday is a lesson and the reason why I've joined this forum to find opportunities here.

you get confused when you can't focus on a certain thing. too many altcoins, why don't you learn what makes you so passionate? maybe Bitcoins. just focus on learning it, and start gradually.
but if you mean there are altcoins from new projects, then it requires persistence and more detailed skills. just focus first on one project, and explore everything related to the project you are researching. when you focus, you will get more satisfying results.

Your forum username is kind of funny, but let me focus on the real matter.

As a newbie which you are, the only way to get to understand all you need to know about cryptocurrency is simply by you spending more time on the forum, reading and doing your own research "DYOR", because no knowledge ever comes that easily, which requires time and personal effect to attain to that height you wish to afford. Moreover, with the help of Google & the new A.I called ChatGPT, I don't think it should be any harder for anyone not to get the needed knowledge required to effective communicate in any crypto gathering, as much as you ask the right keywords.

So I will love to advise that reading whitepaper of coins can be too boring and not contain what you need as a beginner, so for a start, you can equally check this out
https://academy.binance.com/en/start-here

We learn in so many ways,sometime through a very nice experience,and something through a very ugly experience that made us regret ever trying such,but all of them are learning.In Bitcoin,we sometime make so many mistakes that if we were given the chance to correct them,we would have corrected them,but due to how the situation was then,we made those mistake which is currently affecting us now or might affect us tomorrow.They are all called experience.The first time i started to trade,I never thought of losing,I used all the little money I had then to trade,not knowing that anything is possible in the market,I lose my money,and was hurt for some many days before I could get myself.I learn that as a newbie,it isn't good to rush into trading,take time to analyse the market,make research and invest with a little money for a start to avoid being hurt.

Proper research can guide you into unfamiliar situations, you don't have to know it all after all but as you keep diving into discussion with questions and observation so experience is build with time. Crypto is wide technology that can not be assimilated on every page of it especially as new altcoins keep coming on daily basis. I have also take this similar issues as a post and many was for me to stay with the areas of knowledge of bitcoin or cryptosystem. So always apply the use of google search for findings and reference purpose. We can get better as we stick to guides and learning.

They’ve had extensive learning on the process and they became so perfect that they can predict the next move by simply looking at the charts and the market trends. If you want to be like them, you’ll have to learn more, ask more, research more and understand more.


My method of learning and comprehension may differ from yours based on what my brain is set aside to be able to accumulate and comprehend at any particular time. It is commonly known that practice makes perfect, therefore putting in more effort and learning new things with a focused and determined mindset will help you reach your goal of learning new things.

There are many references that we study to get the right knowledge and assessment later, maybe we all learn by reading, looking carefully and even hearing valid information and trying to find out the truth about the truth of that information. from some of your statements it seems that you are confused about which coin to make as an investment, because there are many coins on the market and it makes you a little confused.


Although there are many coins on the market, and which is the right choice right now for investment assets we recommend taking Bitcoin more than anything else, and most people invest in Bitcoin where they prefer to hold for a long time, even though it can be for a long time. short term, we think it's more optimal for long term, regarding some other coins maybe we think you can use it but it's better to do research first because it's risky,

As a newbie in every platform, learning will always seem difficult, but learning from every mistake you made is very essential.
Secondly, being informed and asking questions from those who are ahead of you is another good learning strategies. Most people fail to learn because they feel to shy or too bif to ask question or guidelines forgeting that people are there before them. Making researches ia also important because you will discover a lot by your self.
Learning is a continuous process so we learn every single day.

I mean you could learn most of the things by experience if you already have the experience you know what you're going to do in other situations, of course, technical information, markets, technology and others you need to do your own research about it in order to know what it is. There's no blueprint I guess it just depends on your journey, the best thing to do is just start doing it, and then from that you could learn a lot.

Also, we have this forum where you could get a lot of information that you need on your journey, you could also ask anything here, tips, or suggestions on what ever you need that is cryptocurrency related.

It took me more than two years to finally be buoyant about what I knew about Bitcoin, it's something you can't rush out, it's going to take time so you will have to be seriously focused and take things very slow, it's a step by step protocol.

Even after all these steps I still made some mistakes and I learned my mistake, and adjust myself as I go deep into the crypto journey, it's been fun all this while and I can easily teach those that lack everything about crypto today.

My advice for you OP, don't rush, if you have any money you want to invest and you don't know a lot yet, I would advice you keep the money in the bank first and lecture yourself or use that money to buy Bitcoin since we are still in a good buying period right now.

Once you get interested in something, you must take your desire to study very seriously if you want to learn it in as many ways as possible. There are several learning methods depending on what you want to learn. When we learn about bitcoin, we must always ask questions. When I was first exposed to bitcoin, I read a lot of books, but I didn't always obtain the information I needed. As a result, I sought out further direction by asking questions in the forum and other places.
I believe that if one wants to understand bitcoin they should make a greater effort to ask questions in the forum, especially when it comes to technical matters. This is because I'm not sure whether a newbie will be able to master all of the technical abilities of bitcoin in a single book without asking questions in the forum.

First of all welcome to this forum. Since you are interested in knowing, then surely you can know and learn enough information from here. You start with the topic you have the most trouble with. If you start with any subject, you will gradually know other subjects well.

If you have fixed a certain time of the day to learn all these things, you will feel that you have taken a step forward in your learning. Because if a specific time is fixed, it becomes much easier to learn. There are many ways you can get started, firstly you can start with the various forum related rules.  Once you know about the forum related rules and regulations then you can try to learn about investment and other topics hopefully you will reach your goal in this way.

Personally i learnt about Bitcoin through research and study and for other coins i did a quick glance on what they project have to offer, If it looks promising i risk it if it doesn't i back off. But I understood the mechanism of how all this work through my usage and investing in this various coin including Bitcoin. It is easier to discuss something you have used, traded, exchanged and held.

Memory has a sneaky property of forgetting how hard it was for us to develop, making strong-willed decisions, taking risks, reading uninteresting information in places. Nevertheless, this is the only way to develop, including in the world of cryptocurrencies. Therefore, getting any result, you need to remember how hard it got.

I have come a very long way to become a Hero Member: I read articles, studied projects, risked derosit. But we need to remember that we only remember our mistakes!
Therefore, the path is thorny, and you need to be patient.
And then the result will definitely be.

You learn by reading. Reading wide on whatever coins and tokens that appeals to you the most. Reading could be hard copies or soft copies materials and resources.. Secondly join communities of people with like mind and goal. They could be online or offline. Listening to them have conversations surrounding the subject matter will sharpen your knowledge and broaden your understanding of bitcoin and the cryptocurrency ecosystem. Thirdly, participate in crypto related events and hangouts. Watch tons of YouTube longform and shortform videos. That how I learned.

It's been many years since I have been in Bitcoin. Yet, there are a lot of things I don't know. Don't force yourself to learn everything. You don't have to learn everything about Bitcoin or Other Cryptocurrency to invest in it. First of all, Choose a small number of crypto currency that has some name in the market. If you want to play with pump and dump coins, that's a whole different things. I won't suggest pump and dump coins to anyone who is still learning.

Spend your time on forum. Watch speculations and technical analysis from others. try to understand what are they talking about. Ask question if you don't understand what are they talking about. You are most likely to get answers from them. If you choose blogs or youtube videos and make comments there, I don't know if you will get any answers from them. The chance is very low.

If you force yourself to learn everything in a short time. You could mess up with everything.

As far as I observe There are two types of user came here in forum one is The knowledgeable one. Which they have already knowledge in any aspects but not all and also there are User came here have a few understanding or knowledge about crypto. And time flies too fast they will learn through communicating, searching and asking question they learned a lot of things. So if yiu came here with zero knowledge then then it's okay ad long as you are interested they you can learn .

You're not gonna get all the knowledge overnight and I think if you wanted to start, you can actually read some useful information in this section and also in your local board if you have some because you can understand it more easily there and you can also ask your countrymen for follow up guides and tips about the topic. Last but not the least, you can search for all the necessary information you need about a certain topic just get to some other boards as well cause there is a lot of useful info there regarding crypto stuff and others. Don't worry, when it comes to tips and guides, people are sharing every day and soon you will find yourself equipped with the knowledge you will need in your journey toward the crypto industry.

We learn by making continueous research about the market. You will need to join project telegram group, Discord, Twitter etc to get some information about the project so you can make your conclusion on if the project is cool by you to invest.

If you want to acquire knowledge about the cryptocurrency marketplace especially for altcoins to know which coin to dive in then you need to get familiar to Coinmarketcap or other information sites where you can seek for information about a particular project. There is nothing that had about making enquiries about projects to know whether there is need to buy the coin or not.

In addition, to be open minded is key, because you never really know when that great inspiration will reveal itself.
Also, by exploring other sections in this forum might introduce one to new terms and the hidden language of crypto which everyone speaks or uses in common.
Following crypto news and pages on social media is also very useful as this is one way I learnt, and it was by simply turning on the notification for updates once I followed a content online I found interesting.
Don't also be afraid to ask good questions in this forum, because of it is stupid, you will understand why it is and if it is great and insightful, you will earn merits as a thumbs up for good contribution.

Experienced have give me lesson how to learn more about bitcoin or altcoin and way to earn profit in cryptocurrency, I joined on every telegram channel and update all cryptocurrencies twitter tweet looking for new way and info update before start trading in altcoin. Don't worry when difficult finding guider for learning in bitcoin because many news update you can found on twitter and telegram channel news.

You need to find with twitter account consistency update when new altcoin listing on coingecko or coincap market, its most important thing if you want success when trading in altcoin based on my experienced first time announcement have impact for altcoin growing up drastically.

The important lesson is that when you are serious about learning something you want to know, do an analysis of anything related to what you are learning and forget about coins and tokens for now.

No one dares to guarantee which token or coin has more potential to be held in the long term than bitcoin. The fundamental level sometimes affects many people who don't trust tokens or coins because they are easy to make and easy to trash.

I am not one of those knowledgeable in the field of advice, let alone dealing with tokens and coins that have no fundamentals, but as far as I can see they cannot sustain themselves in the market and so quickly disappeared.

Try switching to bitcoin knowledge and you can continue the discussion on existing posts and there is a lot of fundamental level discussion going on. Currently, there are many sources that we see that bitcoin is stronger and able to survive in any conditions, even though corrections and negative news continue to develop.

Actually as a beginner you don't assume to know everything about cryptocurrency and especially bitcoin at one point in time, you most as well operates or work step by step to understand the procedures of cryptocurrency, to know of tokens of your choice or to know the potentials of coins you have to advocate time and make research concerning the coin that captured your interest, so I will advice you to learn from the thread you come across.

Thru bad experiences.
Bought  about 0.03 Btc around 2017 and ended up in an exit scam. Xapo by name.
Last year, around 2021 I was paid in BTC and also got involved with payment systems so I opened an account with bitgo. All Sweet so far.
In progression I learned to appreciate Litecoin which was way faster.

Thru experience, we can learn a lot of things about everything we see because we experience those flaws and cool things about crypto. that's why you need to learn first the basic before diving in more crucial means of investment if we want to earn because it can help us out to navigate things what we need to consider. Also post from other people is good source of information because you can read up mixed experience which is important to learn from to.

OP you mean how people learned to trade and buy cryptocurrency? If your question is about this than I can tell there is so many ways in the internet. Here is this forum there are articles where you can learn so much and you can always watch videos related to cryptocurrency and use that knowledge to trade cryptocurrency.

Keep in mind that knowledge has no limit so don't limit yourself while it comes to learning.

Education does not end here. The more you learn, the more your knowledge will grow. We have built ourselves up here over time. Couldn't get the old lady here very easily. In short, this is exactly how a traveler first makes his way from my side. Still, the learning isn't over yet. But if you spend enough time here then you will slowly realize on your own how well known you are. How much time you spend here is up to you and you will learn as fast as you can.

Learning is never over if you don't give up on it.

When learning about cryptocurrency investments, there are a few key things to remember. Firstly, it's essential to understand that this field is complex and ever-changing. There is always something new to learn, and getting up to speed with the latest developments can take time.

That said, taking your time and researching is vital to succeeding as an investor in this space. This means keeping up-to-date with the latest news and trends and staying on top of any changes to regulations or technologies that could affect your investments.

It's also essential to approach your learning with dedication and a willingness to put in the effort required to succeed. This might mean setting aside regular time to read up on the subject, attending webinars or conferences, or even taking a course to help you build your knowledge and skills.

Ultimately, the key to cryptocurrency investing success is knowledge, patience, and persistence. By staying focused and committed to your goals and taking the time to learn and grow as an investor, you can build a solid foundation for long-term success in this exciting and rapidly-evolving field.

For me, I learn by doing because I joined the crypto world for the first time as an airdropper and bounty hunter. So, I've jumped in since 2017 until now, and I have met so many kinds of projects since then. I learn about the projects by design because I won't make good content without learning about them, right? From time to time, I gain knowledge about which projects are good and which are not, whether a project is a scam or not, and so on. I think the motivation that I got from hunting was also affecting me indirectly in analyzing the projects. I should do it whether I want it or not, and then it makes me used to it.

The name of learning actually never ends as long as a person still has things he needs to know, and in general everyone will always learn about what he needs so that he can use it in his life, because living without learning anything is pointless at all.

Actually learning is not about when someone will give up or stop learning, but it always depends on when someone no longer needs something new to learn because basically everything always has stages of learning.

When I first learned trading I mostly took knowledge from videos. But I started trading with advice from my older brothers around me who knew about trading. I had a lot of difficulty in trading at first. I lost a lot of money while trading without understanding.  But they seem very sad to me now. If I had traded with a little understanding then, maybe I would not have lost those money now. But again, I also think that I have learned good trading by losing money. So I think that learning something without doing anything wrong.  doesn't go

Well I cannot claim that I learned everything about it and there is always something new to learn from it. I learned it first honestly as some coin that is primarily used in the dark web/dark net for the "you know what are those" things. For the technical stuffs, I am not really into it since I just want to use Bitcoin rather than develop it although I am somehow interested in Blockchain programming though.

For its competitors? Man, I never even thought of its competitors. I just knew that Ethereum exists after I learned about Bitcoin. I thought Bitcoin was the only cryptocurrency like "Bitcoin = cryptocurrency", but then I found out that there are indeed plenty of alts out there.

Nobody can honestly claim to have learned everything there is to know about crypto, therefore there is still no need for them to focus and deepen their knowledge of crypto again.

We are all still learning about crypto, as far as I can tell, and there is still more to discover as we proceed in crypto

A person can gain knowledge and appear to be an expert at something by continuously learning about it. When you've spent a lot of time examining and researching various crypto projects, you may find yourself in the position of making a good logical decision by merely reading a project's whitepaper. You find it really simple to examine it.

Learning crypto for beginners can be confusing, giving rise to many question marks because there are so many important things to learn. To start learning crypto assets you need to know what cryptocurrency is and how it works. Crypto assets do not have a physical form because they can only be reached via the internet, apart from that the prices are always different because the prices of crypto assets are always changing caused by the actions of several traders or investors who buy or sell them.

The increasing popularity of cryptocurrency makes many people want to learn crypto, the urge to learn Cryptocurrency is because many people get many times the profit. To invest in Cryptocurrency is not as easy as one might think, there are important things that must be learned such as trends, prices and other things.

There is no need to study all Cryptocurrencies circulating in the market, apart from Bitcoin there are still thousands of other crypto assets that have been launched. Bitcoin is still popular today and there are still many people who transact with Cryptocurrency which is always at the top of the rankings. You just need to study the coin you are investing in, in this case high-end coins are highly recommended.

To avoid confusion a person who is aiming to learn cryptocurrency should laid out his learning plans.  As a beginner, he don't need to learn everything.  He should focus in one aspect first then another after he completed the learning of his first target.  If he aim to learn all at once, then he will be in for a huge confusion.  Take the learning step by step. 


That is also the reason why many starters wanted to make haste and wanted to learn everything on one go which resulted to confusion.  There is a saying, haste make waste, so better to take time learning the basic of cryptocurrency and move forward to the goal of what aspect of cryptocurrency he wanted to learn.


I agree, we need to limit the number of cryptocurrency project we wanted to learn.  Just choose the worthy one such as Bitcoin and other leading altcoins.  You can add potential new project and the new proposed innovation in crypto industry once you have grasp the basic knowledge of cryptocurrency.

The answer to your question is very simple,  they best learning ever is the one you settle down and learn by yourself because you will understand it perfectly and from their you can now know your strategies and you can also be able to analyse things yourself.  You can only do all these things listed above if you keep on searching and ask questions when you get confused. People can't teach you everything that is for sure.

Well your case isn't that bad, well for me I believe in learning and practical and at first I got interested in trading through many influencer that claim it's a very easy act but I found out it's not the hard way as my curiosity led me to actually get an Olympic trade account of which I was given a bonus to try out my skills and on my demo account I actually traded successful and for me I thought it's easy and after some weeks I decided to go real and to my shock I was surprised and lost some tangible funds and on that moment I knew trading isn't really child's play.