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Author Topic: Whats the best way/method to learn crypto?  (Read 488 times)
BlackHatCoiner
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April 16, 2021, 11:36:22 AM
 #21

I'm fairly new to cryptocurrency but i've invested in bitcoins years ago but never understood it.
I guess that by creating this thread after these years, you've probably sold them. Otherwise, you'd have been interested on understanding it earlier.

What would you recommend?
It depends on what exactly you want to learn. If you're interested in the way the crypto-market works, then you should read books about trading. Many of them are free, but there are also some masterpieces on amazon.

If you want to understand the technical background of bitcoin, then I couldn't suggest you a better website than: Learnmeabitcoin.com. It explains it perfectly, better than any other site. Needless to say that YouTube videos aren't helpful at all.

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Why you bully me (OP)
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April 16, 2021, 12:06:04 PM
 #22

If you have invested in bitcoin, as you write closer to the near the end of 2019, you should undoubtedly have made a profit. I will never believe that an investor is not interested in what is happening with his money. What happened to your bitcoins? Have you sold them, lost them, or are you still keeping them?
Based on your first attitude, whether it was victory or defeat, advice can be given. If there is a good amount, then learn how to properly store bitcoin, or maybe you are interested in trading. If there is already nothing, but the desire to achieve results remains, start from scratch, read the forum, books, and do not believe in the quick earnings that are offered here and there today. There is no good profit without good knowledge.

i just kept the bitcoins on binance like a noob haha until few months ago i moved it to ledger wallet.
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April 16, 2021, 12:49:31 PM
 #23

Most people suggested books and written content, so I am going to suggest another approach. If you are just starting out, it might be easier for you to watch YouTube videos to understand the basics, and then move on from there to more complex topics. 

Take a look at the content created by these two channels and see if that is something you would be interested in:


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April 16, 2021, 11:26:06 PM
 #24

Most people suggested books and written content, so I am going to suggest another approach. If you are just starting out, it might be easier for you to watch YouTube videos to understand the basics, and then move on from there to more complex topics. 

Take a look at the content created by these two channels and see if that is something you would be interested in:



ahh yes! i been watching coinbureau since he had like 88k subs Grin thx Smiley
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April 16, 2021, 11:48:11 PM
 #25

I'm fairly new to cryptocurrency but i've invested in bitcoins years ago but never understood it. Pretty much friend told me to buy it so I did lol.
Actually, this is very risky if you invested in crypto-based on only following your friends without learning at first. however, fortunately, you invested in Bitcoin, so it may be a saver. If you are new to crypto, never only follow your friends to buy certain coins, moreover new coins. Additionally, you must be also very careful when going to invest your money into crypto. In this case, nowadays there are many scams that offer very interesting investments with high profits in crypto, and it will never work because it is a scam. Watch out for this.

And about how to learn about cryptocurrency, I personally also felt the same with you when first introduced to cryptocurrency. I was really confused about where I should start. However, at that time, I started in this forum and then learn about the basic thing of crypto, that is about Bitcoin and the differences with the altcoins.
After that, what we are going to learn is better to follow what we are going to do. At that time, I wanted to focus on joining the projects and programs in this forum so I decided to read more posts and threads in this forum, in most sections.
However, if your goal is for trading, I think that besides learning about Bitcoin and altcoins, crowdfunding, and basic things about crypto, you can learn about the type of trading, mechanism, knowing about exchanges, wallets, types of tokens or coins, and much more basic knowledge.

And some sources that are very helpful for me are likely:
- This forum
- Binance Academy

I know that there are so many sites and also YouTube channels that provide completed information about cryptocurrency, but those two are my favorites.

R


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April 17, 2021, 10:27:50 PM
 #26

Hello everyone!

I'm fairly new to cryptocurrency but i've invested in bitcoins years ago but never understood it. Pretty much friend told me to buy it so I did lol.

Anyway, I want to learn about cryptocurrency how they work and what its about etc. Would this be a good idea;

Learn blockchain - learn cryptocurrencies one by one like bitcoin - research how to trade using graphs and other info.

I want to make profit and learn this as much as possible.

What would you recommend?

Thank you!  Kiss

Learn about crypto, ICO, BTC...
And you should be up tp date with the daily market. Having knowledge of the market is the basic thing. Dont rely on others do your own research(DYOR).

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Why you bully me (OP)
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April 17, 2021, 10:38:00 PM
 #27

Hello everyone!

I'm fairly new to cryptocurrency but i've invested in bitcoins years ago but never understood it. Pretty much friend told me to buy it so I did lol.

Anyway, I want to learn about cryptocurrency how they work and what its about etc. Would this be a good idea;

Learn blockchain - learn cryptocurrencies one by one like bitcoin - research how to trade using graphs and other info.

I want to make profit and learn this as much as possible.

What would you recommend?

Thank you!  Kiss

Learn about crypto, ICO, BTC...
And you should be up tp date with the daily market. Having knowledge of the market is the basic thing. Dont rely on others do your own research(DYOR).


up to date with daily market is that by reading a certain article or by manually checking the market and looking for new things?
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April 18, 2021, 07:41:10 PM
 #28

Hello everyone!

I'm fairly new to cryptocurrency but i've invested in bitcoins years ago but never understood it. Pretty much friend told me to buy it so I did lol.
Rule 1: Do your own research. Never buy a coin just because someone said so.. Read all you can about the coin and find good reasons why you should buy or not. No one can accurately predict the crypto market 100&. Most are speculations derived from their own analysis. Look at this way, you brought because your friend said so. What happens when things go south and the market dumps. I imagine it will devastating for you, you will probably Blane your friend for your loss because then you will realize the whole idea wasn't really your decision in the first place. On the brighter side, since you bought years ago you're already in profits and having a swell time
 

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SPIN

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April 20, 2021, 07:15:14 AM
 #29

I think different crypto related sites will be the most helpful to learn more about cryptocurrency. If you can, visiting daily crypto related sites. Moreover, giving more and more time to this forum can be a good way.
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April 20, 2021, 09:45:11 AM
 #30

Hello everyone!

I'm fairly new to cryptocurrency but i've invested in bitcoins years ago but never understood it. Pretty much friend told me to buy it so I did lol.
if your friend told you to jump in a building , will you jump too ? your not new in crypto but you should know why you are investing in bitcoin , for what purpose .

Anyway, I want to learn about cryptocurrency how they work and what its about etc. Would this be a good idea;

Learn blockchain - learn cryptocurrencies one by one like bitcoin - research how to trade using graphs and other info.

I want to make profit and learn this as much as possible.

What would you recommend?

Thank you!  Kiss
crypto works like a money but you can also buy and hold/invest at them  . its hard to learn every crypto one by one because there are lots of them and most of them have similliar features . to learn more you can post or read on the following boards : bitcoin talks > https://bitcointalk.org/index.php?board=1.0 . altcoin/token talks > https://bitcointalk.org/index.php?board=67.0 .  trading talks > https://bitcointalk.org/index.php?board=8.0  . blockchain talks were maybe located at technical discussion> https://bitcointalk.org/index.php?board=6.0
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April 20, 2021, 11:03:33 AM
 #31

Firstly, Alot of reading has to be done then you also have to spend more time on the forum as there is always something new to learn from here.

If you like you can make use of YouTube where people have tried to explain what's there to know in the world of crypto, your  other option is to take a crypto course from platforms like bitdegree, udemy, coursera and many more.

R


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Why you bully me (OP)
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April 20, 2021, 11:00:51 PM
 #32

Hello everyone!

I'm fairly new to cryptocurrency but i've invested in bitcoins years ago but never understood it. Pretty much friend told me to buy it so I did lol.

Anyway, I want to learn about cryptocurrency how they work and what its about etc. Would this be a good idea;

Learn blockchain - learn cryptocurrencies one by one like bitcoin - research how to trade using graphs and other info.

I want to make profit and learn this as much as possible.

What would you recommend?

Thank you!  Kiss

In fact, the crypto has several departments and very few people understand all areas of it, for example there is the technical field and there is trading and each of them branches more also, if you want to understand the technical field you need to be a programmer or have knowledge / understanding of how decentralization works and the like, I do not deny the difficulty of this technique. I myself do not understand how it works, but I know that this can happen programmatically. In summary, the best way to learn crypto is to search, you have to search for the specific thing that you do not understand, not crypto in general because of what I mentioned earlier.


Do I have to learn to code then Tongue?
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April 21, 2021, 12:43:15 AM
 #33

Hello everyone!

I'm fairly new to cryptocurrency but i've invested in bitcoins years ago but never understood it. Pretty much friend told me to buy it so I did lol.

Anyway, I want to learn about cryptocurrency how they work and what its about etc. Would this be a good idea;

Learn blockchain - learn cryptocurrencies one by one like bitcoin - research how to trade using graphs and other info.

I want to make profit and learn this as much as possible.

What would you recommend?

Thank you!  Kiss

In fact, the crypto has several departments and very few people understand all areas of it, for example there is the technical field and there is trading and each of them branches more also, if you want to understand the technical field you need to be a programmer or have knowledge / understanding of how decentralization works and the like, I do not deny the difficulty of this technique. I myself do not understand how it works, but I know that this can happen programmatically. In summary, the best way to learn crypto is to search, you have to search for the specific thing that you do not understand, not crypto in general because of what I mentioned earlier.


Do I have to learn to code then Tongue?

If you are not a programmer then why do you want to know how Bitcoin technically works?

- You need at least a simple wall of how the programming works, at least.


i wanna learn crypto so i can make money and learn something new lol
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April 22, 2021, 09:13:35 AM
 #34

I would suggest earn.com where you can earn while you learn.

this site is own by Coinbase Smiley
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April 24, 2021, 07:58:50 AM
 #35

Read bitcoin's official whitepaper here. Make sure not to skim/scan any part. You will have every understanding you need about crypto. Nothing better than learning it from Satoshi's words Smiley

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April 24, 2021, 09:04:48 PM
 #36

I would suggest earn.com where you can earn while you learn.

this site is own by Coinbase Smiley
But earning there is limited on its geographical users. Some countries are not allowed to join on it but I agree that it's a good website that gives reward while you learn.
Coinmarketcap has the same feature but I haven't seen the requirements of it if they're asking for a KYC or it's just a simple registration that's needed.
https://coinmarketcap.com/earn/



 

 

 

 

 

 


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happen or be a part of it"
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May 06, 2021, 07:54:06 PM
Merited by Rruchi man (1)
 #37

Let me just say this here, a general rule in business is "never invest in a business you don't understand" . That's a recipe for disaster. But in your case OP things turned out pretty well for you. But also it could have easily been the opposite.
The worse you can possibly do to yourself is to employ the trail and error method, that's the easiest and quickest way to lose your money. Its sure is exhilarating to make some good cash off an investment. Its good that you're interested in learning. That's going to help you a lot, don't expect quick returns or things to be easy. The life of a crypto trader is murky and long but we get by.

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SPIN

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May 07, 2021, 06:38:03 PM
 #38

Learning about crypto is more like taking up a course to study in a higher institute. There are numerous academies online who offer tutorials and also guide newbies on how to go about investing in crypto currency. If you choose to study online enough discipline is required because diverse distraction might pop up to sway your attention into other things thereby giving longer time frame to complete your classes within a shorter period of time. But the fun of it is you studing at your own pace

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May 08, 2021, 03:22:15 AM
 #39

As you can see there is extensive documentation ... but do not leave everything to theory the best way to learn crypto is to take practice and theory at the same pace.

After you learn some knowledge , you can found a specific area, crypto has many areas to apply. That will help you encourage yourself to continue learning.

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May 08, 2021, 03:26:39 AM
 #40

There are plenty of ways to learn crypto.

Read books, watch online tutorials, and interact on social sites or even forum like this one. Learning is different from earning. Before you jump to any investment it is wise to learn first all necessary things you need to be familiar with. Investing is risky especially on trading so better to know your things first. Losing on trading is inevitable if you don't know the basics so be equipped before you bought any tokens your friend told you so.

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