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Author Topic: Why do I feel as though I don't have enough knowledge of Crypto?  (Read 308 times)
Victorik (OP)
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January 18, 2022, 10:55:50 AM
 #1

My Crypto journey started about 4 years now, but I have been on and off due to fear, unbelieve and complacency. But I fully decided to take it serious towards mid last year. And I must confess, I am loving the experience and my regret is not starting much earlier when I had the opportunity.
I have learnt a couple of things about cryptocurrency from personal research online and also from this forum (btw, this forum has really been helpful). Despite what I think I know, sometimes, I still feel as though I know nothing.
I would really like to know more. If there's anyone willing to help out with where to get a thorough and extensive information about cryptocurrency in general, I will very much appreciate it.
M

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Jackl87
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January 18, 2022, 12:01:49 PM
 #2

My Crypto journey started about 4 years now, but I have been on and off due to fear, unbelieve and complacency. But I fully decided to take it serious towards mid last year. And I must confess, I am loving the experience and my regret is not starting much earlier when I had the opportunity.
I have learnt a couple of things about cryptocurrency from personal research online and also from this forum (btw, this forum has really been helpful). Despite what I think I know, sometimes, I still feel as though I know nothing.
I would really like to know more. If there's anyone willing to help out with where to get a thorough and extensive information about cryptocurrency in general, I will very much appreciate it.
M

I think it is almost impossible to keep up to date about every interesting project or hype and trend that appears in the crypto space there is just too much going on each and every day. There are already at least a few dozens of those sh*it-coins (meme-coins) that are appearing every day, but i would say it is not worth the time and energy to keep yourself informed about meme-coins. Then we currently have the trend of metaverse projects, the first few ones were very successful so far in terms of ROI for early investors therefore now we have a lot of copycat projects too that want to make a quick buck by riding the current hype. I think it is impossible to stay up to date about everything that is going on. Focus on on topic that you are interested in and try to inform yourself.
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January 18, 2022, 01:20:59 PM
 #3

Even when you think you have enough knowledge of crypto, it does not mean you are safe in crypto market and are able to win in this market.

Cryptocurrency is a very fast changing industry and things you have today will be outdated next few months. So you have to update your knowledge every day, every week. Furthermore, knowledge is fundamental but with which, it's not enough to win in this market. You must have ability to do risk management, portfolio management and emotional control. A good combination of such will help you to win in this market.

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lobo13hf
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January 18, 2022, 02:13:41 PM
 #4

My Crypto journey started about 4 years now, but I have been on and off due to fear, unbelieve and complacency. But I fully decided to take it serious towards mid last year. And I must confess, I am loving the experience and my regret is not starting much earlier when I had the opportunity.
Haven't you missed so many opportunities? You didn't even need to start much earlier even when you're starting to get into crypto 4 years ago and you might face so many moments that can make you become another millionaire, right? I remember that the marketcap of crypto a few years ago were so small. It's not even reached trillion.


I have learnt a couple of things about cryptocurrency from personal research online and also from this forum (btw, this forum has really been helpful). Despite what I think I know, sometimes, I still feel as though I know nothing.
That's why always try to learn more. The climate in crypto is changing so fast and a new trend can come anytime. You must remember that it's started with the DEFI, ICO, IEO, NFT, Play to earn game, Metaverse, Web 3.0 and more to come.

I would really like to know more. If there's anyone willing to help out with where to get a thorough and extensive information about cryptocurrency in general, I will very much appreciate it.
M
If you wanna know more about that and just try to install some useful app like CMC app or visit some reliable crypto news sites and actively talking about crypto in here.



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January 18, 2022, 02:24:37 PM
 #5

Don't you think my friend, it is. I have been on the forum and in the cryptocurrency space for several years, but I find something new for myself every time. As the saying goes, live and learn. Need to read and practice more. Because here you have to read several times, then understand, and finally practical implementations.

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bitkanu
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January 18, 2022, 04:00:47 PM
 #6

There will be no people with enough knowledge in the crypto. Crypto is about tech and anything related to the crypto is going forward so fast. As far as i can see anyone in crypto space is always trying to learn everything that come to the crypto. We are starting with bitcoin and then more and more development to introduce the new tech is coming and this makes anyone need always to learn more about that.
You will never have enough knowledge in crypto and there will always be something new in crypto. This will be forcing you to keep learn about that or you will be a loser.
Learning is the key to understand more about crypto. So many things are not yet discovered.

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January 18, 2022, 05:02:07 PM
 #7

You to bussy think about "Money'

Try to learn a few basic things, I bet most of the people don't even know to make a signature message of their wallet, coin control transaction and other basic knowledge on the cryptocurrency.

They said, no time for this better to make money by trading ~XD.

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January 18, 2022, 05:25:32 PM
 #8

If there's anyone willing to help out with where to get a thorough and extensive information about cryptocurrency in general, I will very much appreciate it.
M
If you have been for a long time this is the forum for you to look for that knowledge because here the most recent information is often present to enliven us ,there is a section that is indeed basic knowledge too ! often read the latest articles anywhere on coindesk reddit etc news is very helpful knowledge if you often read

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jossiel
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January 18, 2022, 05:45:12 PM
 #9

You'll just need to have more experience.

You're already on it and you just need some refresh as you've said, it's just a feeling that you think you're not whole with your knowledge in crypto.

I think that's normal and you just have to go through with from day to day as you're back on it again. More experience of the ups and downs and that will teach you a lot of things.
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January 18, 2022, 05:46:49 PM
 #10

You may feel like this because we are in an unpredictable market where events happen suddenly without previous warnings. When we can't predict what is going to happen accurately we have the sensation of being incompetent or uneducated on the respective matter, but in crypto universe it's just that there is no way to know these things.
Cryptocurrency is purely a speculative environment and for most of us, small investors, it's impossible to have some kind of significant influence on the market. All we can do is to follow whales' movements, trying to understand what they are going to do next, so we can also profit from their actions.

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January 18, 2022, 05:56:35 PM
 #11

There are so many new project in the crypto world and every project seems to be very promising at first but end up wrongly. Most importantly its not about investing in a new project but investing in one with a well detailed roadmap and erudite team. Yesterday i came across a project called MCOIN which read and see that the project  M-coin (https://m-coin.io/) aims to disrupt the cloud storage industry by eliminating the current industry barriers. M-coin network is working on the development of a reliable cloud data storage that promises low costs and security for the user’s data.

Feel free to check their useful links;
https://m-coin.io/
https://m-coin.io/Content/whitepaper/English.pdf
https://t.me/mcointech
https://twitter.com/McoinTech
https://www.facebook.com/mcointech
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January 18, 2022, 06:07:44 PM
 #12

Since you said you have been with cryptocurrency for four years, you already know a lot. Apart from this you can keep eye on other forums including Google, YouTube but in my opinion Bitcointalk forum is the best option to learn about crypto currency.
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January 18, 2022, 07:42:46 PM
 #13

My Crypto journey started about 4 years now, but I have been on and off due to fear, unbelieve and complacency. But I fully decided to take it serious towards mid last year. And I must confess, I am loving the experience and my regret is not starting much earlier when I had the opportunity.
I have learnt a couple of things about cryptocurrency from personal research online and also from this forum (btw, this forum has really been helpful). Despite what I think I know, sometimes, I still feel as though I know nothing.
I would really like to know more. If there's anyone willing to help out with where to get a thorough and extensive information about cryptocurrency in general, I will very much appreciate it.
M
I am sure that many people feel the exact same way that you are feeling, the issue comes from the fact that even if you were aware of this market you only decided to take it seriously at the middle of the last year.

I am not an expert on this market either, however just by being participant of this forum and reading the news over the years I have learned a lot, you are trying to reduce that kind of journey by overloading yourself with information and most of the time this is not the best approach, so my recommendation is that you take your time because that is the way most of us learned anyway.
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January 18, 2022, 07:56:45 PM
 #14

My Crypto journey started about 4 years now, but I have been on and off due to fear, unbelieve and complacency. But I fully decided to take it serious towards mid last year. And I must confess, I am loving the experience and my regret is not starting much earlier when I had the opportunity.
I have learnt a couple of things about cryptocurrency from personal research online and also from this forum (btw, this forum has really been helpful). Despite what I think I know, sometimes, I still feel as though I know nothing.
I would really like to know more. If there's anyone willing to help out with where to get a thorough and extensive information about cryptocurrency in general, I will very much appreciate it.
M
No one could able to help you out but only yourself which you could really self learn and continue to read up all of things in related with crypto space but of course this wouldn't be talking in a short span of time.

Don't rush up and as long you do have internet connection and made out some google search and does have some time to read up then you would eventually learn up.

It is just depending on how you do grasps on things and remembering them and not easily to forget them on.

R


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TravelMug
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January 18, 2022, 08:13:45 PM
 #15

I would really like to know more. If there's anyone willing to help out with where to get a thorough and extensive information about cryptocurrency in general, I will very much appreciate it.
M

You didn't mentioned what you wanted to learn. In any case though, crypto sphere is vast and massive and it's really hard to grasp everything in on sitting. I guess it's really up to you to get the knowledge by doing your own research and investigation about what subject you wanted to learn. And just remember that in crypto it's a marathon, not a race. So it's going to be a long journey, but just take one step at a time and don't rush things up. And as you have said, this community is great, so tap it, used the search function and if you have a question then you can create a thread.

R


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January 18, 2022, 09:24:36 PM
 #16

My Crypto journey started about 4 years now, but I have been on and off due to fear, unbelieve and complacency. But I fully decided to take it serious towards mid last year. And I must confess, I am loving the experience and my regret is not starting much earlier when I had the opportunity.
Haven't you missed so many opportunities? You didn't even need to start much earlier even when you're starting to get into crypto 4 years ago and you might face so many moments that can make you become another millionaire, right? I remember that the marketcap of crypto a few years ago were so small. It's not even reached trillion.
I would say that there are very few people in the world who missed as many opportunities as I did. I have been here since late 2012, early 2013 and yes there are some people who got into crypto before me, but if we calculate how many people got into crypto before me and not made big profits, that number is very very tiny, probably under 10 thousand people among tens of millions of people who are in right now, probably hundreds to be fair.

So, I know how it feels like missing this chance and I am fine with it. The key point is, you can be upset that you missed that chance, but if you feel upset and do nothing about it, then you are going to keep missing it, but if you feel upset and promise yourself not to miss any in the future, you will be more active and that will make you earn more than many people in the world which is what happened to me.

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January 18, 2022, 11:53:43 PM
 #17

It's not only you and me too, Im sure that anyone in here is also keep learning about crypto. There are bunch of resources that can be used to learn more about crypto. i have been starting for a few years but im not digging so much about crypto especially on its protocol. I meant in crypto the programming language is an important thing but im interesting to dig this thing.
Can you mention someone who think he has enough knowledge about crypto? i will believe this guy will not exist even big developers are still learning more and more about crypto and various things from so many developers in the market. Many of new things come to the crypto. there's no limitation for the knowledge about crypto. What you need to do now to learn more and  never stop.

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January 18, 2022, 11:59:26 PM
 #18

If there's anyone willing to help out with where to get a thorough and extensive information about cryptocurrency in general, I will very much appreciate it.

You have done well yourself, nobody knows it all in the industry. It is still a new industry and there are many development ongoing and incoming. You just have to stay up to date and engage with the industry through following up the new trends. Do not be ignorant and decide to stay a blind eye or deaf ear from the development ongoing that how you stay on top of things.

Example; Few years back there was nothing like Metaverse or NFT but today we have all this new technology. You should study the ones you can and get familiarize with them then maybe you can improve yourself. A perfect place to get all the information you need is this forum, feel free to look around, ask questions and you'll get some quality answer to satisfy you.
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January 19, 2022, 12:06:05 AM
 #19


If you mean the technical details of BTC, then you are not alone in this space. Some are just focusing on trading and earning through it. The only information they know is just on what is necessary to know like there are only 21BTC. And some users are also just learning the tokens they hold. But they follow some crypto news sites like the cointelegraph and coindesk who publishes articles related to crypto. I think that will keep you updated still.


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January 19, 2022, 01:19:38 AM
 #20


If you mean the technical details of BTC, then you are not alone in this space. Some are just focusing on trading and earning through it. The only information they know is just on what is necessary to know like there are only 21BTC. And some users are also just learning the tokens they hold. But they follow some crypto news sites like the cointelegraph and coindesk who publishes articles related to crypto. I think that will keep you updated still.



It's true many people just master what they need like my friend who always learns trading for better profits and about blockchain and etc. he only knows the basics. The development this technology changed so fast and not fully adopted yet, cant wait what will happen in the future. We can get friends who knows better than us for improvement if anything that we can miss.

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