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Author Topic: What would you tell your younger self to learn this space efficiently?  (Read 442 times)
Finestream
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November 17, 2023, 05:59:50 PM
 #41

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  Cheesy
I would tell myself to never trust someone easily but only yourself. With the type of space we are currently into, everything revolves around money,  and you don't know anymore who are the legit scammers and who are not. So it's best to focus on oneself and educate yourself as much as you can. Being knowledgeable will give you a weapon against scammers.

In addition,  I would tell myself to never be greedy and never rush into trading without sufficient capital to use and without good experience in the market. Trading is a mental game, and anyone goes unprepared and have no enough weapons in trading will never come out as  a winner, but certainly a loser in the end.

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November 17, 2023, 06:09:58 PM
 #42

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  Cheesy
First, I will tell myself to stick to bitcoin and never get tempted to trust too good to be true altcoins as they're nothing but certainly a playground of crypto scammers. Diversifying is good but you can always diversify Bitcoin with other type of investments like stocks or real estate, and not that bitcoin mixed with altcoins.

Second is, do your own diligence to learn in all aspects. Learning does not need to stop when you are already in a higher rank or position, but make sure to learn every time from your actions and decisions so you won't keep repeating the same mistakes and still lose in the end.

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November 17, 2023, 07:42:44 PM
 #43

If you will learn anything, just keep trading out of it for now,the only trading experience you need is how to sell when you make profit or you want to buy more coins, all you should learn is how to buy and sell , how to buy and hold for a long term. How to keep calm when the market is bearish.

Then you can learn the basics of bitcoins in a gradual wey, no need for any rush. If  you will buy bitcoins, buy from exchange.
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November 17, 2023, 08:43:37 PM
 #44

Trading is a NO NO for me... Atleast for now.
I've lost alot of money through that route and I think I've just been too much in a hurry - that infact, is something I won't wanna try again. I'd also wanna increase my HODL overtime too.

uhmmm ... Your name gives me too much concern and it tells alot about your reputation - you got registered the same year like me too but what happened all of a sudden?? You lost your interest? Wouldn't that be the opposite of the reasons why you made up this post??

Sandra 🧑‍🦰



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November 17, 2023, 09:23:30 PM
 #45

 I will advise him that learning in this space takes time, and every success that you are determined to achieve will come at the right time as long as you never dare to quit but continue to embrace more challenges and better improvements. If you want to last longer in this type of market, then never just follow the rules but internalized them and incorporate them all every time you invest or trade.

Success is not pre-determined that's why you really have to work hard for it and exert a lot of efforts to make everything happen. The reason why this crypto market is really hard and challenging, yet the rewards are totally life changing.
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November 17, 2023, 11:50:12 PM
 #46

I would tell my younger self to learn only the basics of safely holding Bitcoin, to learn about Bitcoin market cycles so I could sell at the top and buy back at the bottom, and other than that don't dig deeper and instead focus on studying other fields that can be a source of income, like programming, for example. That's because aside from the initial earnings from buying Bitcoin earlier I didn't make much money from crypto activities.
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November 18, 2023, 02:15:19 AM
 #47

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,

I will first cautioned myself from here, so that i won't let the whole thing get over me that i begin to act strangely, i have to take it easy through all the way i lived my life here or in other things that i do, everything have to be moderately done, also I must ever give up on learning each time the opportunity comes in other to keep me growing, cryptocurrency is all about making money and i must leave the risk and take the fun and opportunity for making profits in it.


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November 18, 2023, 03:06:51 AM
 #48

cryptocurrency is all about making money and i must leave the risk and take the fun and opportunity for making profits in it.

Currently, people who come to the crypto market are oriented towards growing their money. In fact, quite a few of them think that putting money in crypto will double in a short time.
of course that is wrong thinking. but we see such people asking us about potential assets.

every beginner is too hasty. that was their mistake from the start. they do not approach assets or markets. don't know how to trade well but are beginners who are determined to invest and trade.



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Why you bully me (OP)
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November 18, 2023, 11:23:04 AM
Last edit: November 18, 2023, 10:47:38 PM by Mr. Big
 #49

What are you waiting for, it is time to learn something that can benefit you in the future. We are still young, we don't have the responsibilities of people who are married and have children.
Take advantage of your young age to learn something new that can be used as capital to earn income. You are very lucky, because when you are young Cryptocurrency is growing, if you waste time at a young age, you will regret it when you are old.
Maybe that's what I would say to myself to motivate myself to be more serious about learning about Bitcoin and other crypto assets.

I will apply the study strategy slowly to get the best results, the fastest study system will probably lead me to some mistakes that I don't realize. It doesn't need to be too fast or in other words like a premature one that develops before its time. Learn gradually, you will achieve the best results.

Would you say 26 is old? I will keep on learning this space =)


Trading is a NO NO for me... Atleast for now.
I've lost alot of money through that route and I think I've just been too much in a hurry - that infact, is something I won't wanna try again. I'd also wanna increase my HODL overtime too.

uhmmm ... Your name gives me too much concern and it tells alot about your reputation - you got registered the same year like me too but what happened all of a sudden?? You lost your interest? Wouldn't that be the opposite of the reasons why you made up this post??

Sandra 🧑‍🦰

Hello there, I have invested since 2019 mostly in ada, xmr, xrp and few others. I have made fair bit of money but I unfortunately had some health problems so I have not been active in learning. I'm doing better now and wish to continue. My name is simply from a guy called s1mple lol.
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November 18, 2023, 12:37:40 PM
 #50

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,
For maximum results in this space? how do I want to say it because I feel this space is a place for discussions that give each other ideas about all things related to Bitcoin and the crypto space.
Personally, there are still many things that I don't understand. Maybe what I want to say is learn everything related to the part you enjoy by actively participating in the discussion. The specific thing is to prioritize learning to understand Bitcoin and crypto before learning about trading.
Later, if you can understand Bitcoin and the many types of cryptocurrencies well, learning about trading and investing will be easier.

R


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November 18, 2023, 02:06:32 PM
 #51

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.

The truest statement I have read on bitcointalk today. At some point everyone has tried trading but what makes the difference is that some realised earlier that trading is not for everyone and had to quit. I am among  those lucky ones that realised the truth earlier and had to quit after a few trading mistakes.
There's a group that has attributed trading success to luck, as such they believe that they will continue to trade until they become lucky to have a major profit one day, maybe it can be called trading jackpot  Smiley

R


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lovesmayfamilis
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November 18, 2023, 02:29:53 PM
 #52


The truest statement I have read on bitcointalk today. At some point everyone has tried trading but what makes the difference is that some realised earlier that trading is not for everyone and had to quit. I am among  those lucky ones that realised the truth earlier and had to quit after a few trading mistakes.
There's a group that has attributed trading success to luck, as such they believe that they will continue to trade until they become lucky to have a major profit one day, maybe it can be called trading jackpot  Smiley

There are other lucky Smiley ones—those who listen to the feedback of other, truly experienced people and take into account the advice not to get involved in trading. Learning from the mistakes of others is a better way out than your own experience, which can forever discourage you from wanting to do anything. I am the lucky one who sensed the danger in trading and never got involved in such activities. I don't regret it; instead, I gratify myself with thoughts of how much money I saved by protecting myself from trying to trade. But yes, sometimes there are very stubborn guys for whom trading really opens up the opportunity to make money. You can only respect them.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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.. PLAY NOW ..
Andrija Branislav
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CRYPTO WEB3 NEOBANK


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November 18, 2023, 03:02:50 PM
 #53

Look for lots of brothers (community) who really understand. It's possible to learn autodidactically, but if you get stuck you need something called a community because not all technical issues can be easily explained on the internet. Sometimes looking for the answer someone spends quite a bit of time and money. However, by building communication and having known information, it will be easy to reach, there will always be someone to help, accompany and direct if there are problems, whether you want to trade, create an account, withdraw assets to profit or whatever it is related to crypto investment.

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Jon_Hodl
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November 18, 2023, 03:32:27 PM
 #54

Don't trade.

Buy.
HODL.
Secure your seed phrase.
Run your own node.
CoinJoin.
Avoid KYC.
Grow the circular economy.
Orange pill my friends and family.

Live the best life you possibly can until bitcoin takes over the world.

I'm here to chew bubblegum and stack sats....and I'm all out of bubblegum. - Learn More About Bitcoin: What Is Bitcoin?
alastantiger
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November 18, 2023, 04:25:08 PM
 #55

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  Tongue )
I'd advice myself to not isolate myself from likeminded people particularly those in the crypto space. Yes, I know we can learn alot of things about this crypto from YouTube and other places on the internet but me thinks we learn faster when we have friends and colleagues teach it to us and are always there to answer our questions and resolve our confusions.  We may have to work twice as hard to get the answers if we were using the internet but a candid conversation with friends may resolve our issues within minutes. It may not be deep but it sets the foundation for other knowledge.
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November 18, 2023, 06:31:29 PM
 #56

I just have to motivate myself to get out of my comfort zone, especially if it doesn't make me grow and develop. The hope remains – today must be better than yesterday, so I will oblige myself to study and learn about something that will allow me to take advantage of this growing industry to gain financial freedom.

You can take advantage of anything depending on your interests - including trading or investing. I don't see any problem if someone focuses more on trading than investing because both can encourage them to make profits. I tend to prefer investing over trading - so developing strategies and other things about investing are the lessons I focus on.

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November 18, 2023, 06:54:19 PM
 #57

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,
If it's a hypothetical question and I'm supposed to ask my younger self from when I first came to know about Bitcoin and cryptocurrencies, I would probably ask my younger self to borrow some money (because I didn't have any at that time since I was a student) and buy a bunch of Bitcoins because when I first came to know about it, one Bitcoin was worth only about $400 or something, and if I could get about 5 to 10 of them, I would have a lot of wealth by now.

The second thing I would tell my younger self is to learn more about trading and trading practices at an early stage and start trading as quickly as possible to have earned a good enough amount by the time I grow older so that I don't need to work and become financially stable and become a full-time cryptocurrency trader and enjoy my life.

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November 18, 2023, 07:08:56 PM
 #58

Don't be faster than your shadow, take you time to learn many things that related to cryptocurrency before thinking on how to trade because, many newbies has jump into trading base on the finance they have and lost everything at the end. Once you know how to control your personal details, and when to buy BTC which is the best coin you can invest your money and I have good results to achieve in the future. Just be patience in your hodling because, many has experienced a lot of things that make them to rush to the market to release their coins and regret when they see the price continue increasing.

Do everything possible to obey the rules and regulations that governed this bitcointalk.org so that you will enjoy the benefits that attached to this wonderful platform because, there are punishment for any rules you break in this platform.

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November 18, 2023, 07:47:31 PM
 #59

I would have told my younger self to not just learn efficiently but learn ASAP because for some reason, even if it seems I’ve been here for a while, I still wish I knew all of this earlier. I’ll also advice my younger self to be careful and do thorough research before ever investing in any cryptocurrency at all. Also, diversify my portfolio and have strong grounded tokens. I’m saying these because I made some mistakes because I didn’t know better.



 

 

 

 

 

 


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here we come!
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happen or be a part of it"

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dderekwalcott
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November 19, 2023, 05:58:06 AM
 #60

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  Tongue )
I'm In Mint Condition, so plenty questions surrounding in myself in temptation how could I give advice to my younger self about learning efficiently where I've not sufficient questions answers.This condition i would say how to learn myself efficiently.I always curious and i never stop asking questions .I never neglected any opportunity for my improvement. I'm quick learner and explore different resources, experiment, and i don't afraid to make mistakes. Is it the right way to learn about cryptocurrency and treading a new person?
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