What would you tell your younger self to learn this space efficiently?

[Why you bully me]

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 

[BlackHatCoiner]

I'd advice myself to not get involved into trading to begin with. Retail trading is just waste of time and money.

The second thing I'd advice myself would be to... Keep learning more about the crypto space. Maybe don't create a dozen of topics asking basic questions which could be answered with a google search, but yeah, with everything considered, there isn't one thing I regret about learning.

(Ok, maybe I convinced myself to buy a little more  )

[Why you bully me]

I'd advice myself to not get involved into trading to begin with. Retail trading is just waste of time and money.

The second thing I'd advice myself would be to... Keep learning more about the crypto space. Maybe don't create a dozen of topics asking basic questions which could be answered with a google search, but yeah, with everything considered, there isn't one thing I regret about learning.

(Ok, maybe I convinced myself to buy a little more  )

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).

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).

Thanks.

[Rikafip]

I'd advice myself to not get involved into trading to begin with. Retail trading is just waste of time and money.

I second that, but I think that's something that basically everyone has to go throught by themselves as I don't know a single persopn who is in crypto that haven't tried trading at some point, thinking thatits a no brainer and an easy way to earn money.

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).

Quality over quantity when it comes to wallets. You should primarily focus on non custodial open source wallets, and ledger nano x fails at the latter requirement.

[coupable]

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.

[Churchillvv]

~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.

I frequently advice people to always make us of the search button because almost all the topics have been treated before, so when you search the exact terms you wanna learn you will find best response that have been provided.
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.

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://bitcointalk.org/index.php?topic=1631151.0 by @Lauda  to enlighten you on wallets

[Frankolala]

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

[Lucius]

~snip~
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.

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.

[BlackHatCoiner]

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.

[mk4]

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.

[acroman08]

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.

[aylabadia05]

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.

[cryptoaddictchie]

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.

[letteredhub]

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

Such as: trading, strategies, technical info, learning methods etc etc,
Any help or guidance is appreciated 

Trading is not for newbies and you have to have money before becoming a crypto trader, don't risk the small cash you have for trading, having much money as a trader boost your confidence while trading as the fear to lose is nothing you worry about than someone who's using his little last savings to trade (the emotions ain't the same.) Stick to one strategy, master it and remember learning never stop we just have to continue improving on ourself to be able to beat the market.

[Accardo]

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.

[Dr.Bitcoin_Strange]

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.

[Ludmilla_rose1995]

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)

[Obari]

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 

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.

[albon]

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.

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.

[Myleschetty]

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.