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Author Topic: How long have you been into cryptocurrency and what have you learnt?  (Read 324 times)
DiMarxist
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June 19, 2024, 08:43:02 PM
 #21

I was told of cryptocurrency by someone (Taught) in the month of November 2022 in school and in the month of December 28, 2022, 06:24:56 AM i join di forum and doing well but was kick out and cameback with 2nd chance and in my absence here. I invested small and I made some thousands last or previous ATH.

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Bright0515
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June 22, 2024, 08:43:14 PM
 #22

Omo me I dom learn many things oo. First wen I come here everything just dey like mystery for me like I mean I been no even get knowledge about Bitcoin and any crypto currency of a thing e been just be like say I dey read something wen I no dey understand but on my own I come decide to back am up with research in case of some words I no understand now I dom learn many things wey concern Bitcoin and cryptocurrencies but na seriousness matters oo but the real matter be say I still dey wan learn because I Neva know all infact no body fit know all concerning crypto currency because everyday new things and knowledge dey come.
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June 22, 2024, 09:55:31 PM
 #23

Well enough, I have been introduced to cryptocurrency for over a decade now since it became a news in our campuses and everyone was curious to join the trend only that during those periods, cryptocurrencies were more tagged to fraudulent activities such as the internet scams, ponzi scheme, etc so many of us looked at it from that angle and never cared about joining or taking a step further to learn. I think during those period of time, only those who were more curious to know about the technology actually survived in starting well off on time which largely benefited them. Today, I'm also one of those who can testify that cryptocurrencies are real and have come to remain, so the advice for any young person out there who doesn't know the benefits yet, is to crawl around the industry.

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Iamcrypticguy (OP)
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June 24, 2024, 10:25:11 AM
 #24

Omo me I dom learn many things oo. First wen I come here everything just dey like mystery for me like I mean I been no even get knowledge about Bitcoin and any crypto currency of a thing e been just be like say I dey read something wen I no dey understand but on my own I come decide to back am up with research in case of some words I no understand now I dom learn many things wey concern Bitcoin and cryptocurrencies but na seriousness matters oo but the real matter be say I still dey wan learn because I Neva know all infact no body fit know all concerning crypto currency because everyday new things and knowledge dey come.

You da try as a dey so. I go suggest you read Wella..get interests in reading and exploring. That's the way to learn faster. Read historical data. Watch yt videos Wella.
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June 24, 2024, 12:23:45 PM
 #25

I never really Tay like that for the cryptocurrency space but I fit attestify say the things wey I don learn e too plenty well well especially when we talk about the Bitcoin in particular because when we say cryptocurrency na the whole entire big space and all the principles that follows it. When it comes to earning or gathering wealth then the knowledge I have gathered is what is guilding me all through my journey.

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June 26, 2024, 12:10:16 AM
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 #26

Happy weekend everyone. So this question da important because most people da enter crypto now with the wrong mindset like say na get rich which scheme. So maybe this one go help one or two new people. For me I don da crypto for 2 years now..and first thing I learn be say you go read book tire. E be like school. No be for lazy people ahaha. Secondly no need to rush and remove fear for your mind..  make we hear una stories..
The first thing I'll say I learnt about Cryptocurrency is that it is not a scam like I thought it was when I heard about Bitcoin. In years back, there were lots of ponzi schemes like mmm and ultimate cycler trending and I lost from both even though I made some profits from ultimate cycler at the early stages, so that made me feel Bitcoin was another scam.

 After a while, i picked Interest during my university days by 2016/17 and the first thing i learnt like I said earlier is that Bitcoin wasn't a scam programmed like the ponzi schemes I mentioned to do away with people's money and too I had to clear the impression that Bitcoin wasn't the only Cryptocurrency and shouldn't be referred to as the general name for all Cryptocurrency.

 But coming into this forum I'm beginning to realize that Cryptocurrency is more deeper than I thought and there are lots of profitable Cryptocurrency assets one could benefit from, all you need to do is make proper research and read the white paper of any Cryptocurrency assets before going into it.
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June 26, 2024, 08:56:15 PM
 #27

Happy weekend everyone. So this question da important because most people da enter crypto now with the wrong mindset like say na get rich which scheme. So maybe this one go help one or two new people. For me I don da crypto for 2 years now..and first thing I learn be say you go read book tire. E be like school. No be for lazy people ahaha. Secondly no need to rush and remove fear for your mind..  make we hear una stories..
Well for me I guess it's not being long but I have definitely learnt alot and the key to staying updated is actually opening your mind to different things and making a lot of research yourself because from my little understanding of the whole crypto space is that no one ever knows too much and basically most of the things are just speculations, so making research will just keep you on edge over some vague information and thought of some so called crypto experts.

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August 15, 2024, 04:53:12 PM
 #28

Happy weekend everyone. So this question da important because most people da enter crypto now with the wrong mindset like say na get rich which scheme. So maybe this one go help one or two new people. For me I don da crypto for 2 years now..and first thing I learn be say you go read book tire. E be like school. No be for lazy people ahaha. Secondly no need to rush and remove fear for your mind..  make we hear una stories..
I've been into crypto for over a year now And I don't have any dramatic or failure stories to share for now but I've seen close friends of mine talk about their experiences so for me it's been a journey of learning and growth basically.

The most important lesson that I have learnt has been the importance of patience and education as I have seen so far, I've spent countless hours reading and learning about the market And it's helped me make informed decisions. I've also learned to set realistic expectations and not get caught up in the hype, we all know that crypto is unpredictable and it's essential to be always prepared for it's ups and downs, I'm still learning and growing and I'm excited about my research and findings especially doing some of the research on my own.
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August 15, 2024, 05:12:25 PM
 #29

I have been also 6-7years in crypto and I can tell you that it has been a rollercoaster ride. The most difficult time was the the first 3 years when I still trying to get a hang of the whole crypto market stuff. I didn't know the directions to take, whether it was crypto trading, or mining in the smallest form, or just holding. But as time went on, and as I studied more and got more acquainted with the community, I knew what I wanted and stuck with it. And I can tell you that whether the market goes up or comes down, I dey alright because of my psychology.

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August 15, 2024, 05:45:06 PM
 #30

Di most important thing wey I don learn for cryptocurrency be say no be get rich quick scheme, some people de think say na place wey you go enter and small time you go blow. Di reality be say weda na crypto investment or trading you choose, no be for the di unemployed or people wey no get money because you need money to make money for inside crypto business. Di only wey to make quick money for cryptocurrency na to gamble your funds, if you buy cryptocurrency wey no get reputation for di market, you fit to get plenty ROI or di project fit to scam you and you go lose all your money.

For dis forum I learn say person need to carry out research before dem go buy any cryptocurrency odawise your money fit to burn. Na for here I get di knowledge say na Bitcoin be di most trusted cryptocurrency wey don build reputation for di crypto market as a store of value. Anoda thing wey I don learn na di importance of securing your private keys and seed phrase because dat na di only proof of ownership to your coins for inside Blockchain.

R


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August 15, 2024, 06:35:39 PM
 #31

Omo me I dom learn many things oo. First wen I come here everything just dey like mystery for me like I mean I been no even get knowledge about Bitcoin and any crypto currency of a thing e been just be like say I dey read something wen I no dey understand but on my own I come decide to back am up with research in case of some words I no understand now I dom learn many things wey concern Bitcoin and cryptocurrencies but na seriousness matters oo but the real matter be say I still dey wan learn because I Neva know all infact no body fit know all concerning crypto currency because everyday new things and knowledge dey come.
I dont think OP meant when you come to the forum rather he was referring when you heard about cryptocurrency. Because i know you must have heard about cryptocurrency before now and have some knowledge before you heard about the forum and want to grow your knowledge here.

Learning crypto terms was not easy for me at first. It took time to get familiar with some of the terms but consistently seing them made me understand and know about it faster. Having to use the centralized exchange from the beginning was a problem but all thanks t0 YouTube and reddit where i got some useful resources that helped my journey. At last the forum made me a pro i am now.

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August 15, 2024, 08:29:58 PM
 #32

I dun dey the industry dey reach 10 years, next year supposed make am 10 and the things I dun learn plenty but the most important na say make we no carry Bitcoin play. If I tell you say I meet Bitcoin for $1k and follow celebrate am when e break $10k but how many I fit brag of? Make we no neglect Bitcoin especially the new generation of investors because when Bitcoin go dun achieve another price milestone and we no follow celebrate am based on say we hodl am, na bad thing. That altcoin wey you they think say better pass Bitcoin, e go do you like film when nothing go come out.

For me I don da crypto for 2 years now..and first thing I learn be say you go read book tire. E be like school. No be for lazy people ahaha. Secondly no need to rush and remove fear for your mind..

You need patience if you wan go far so make we no dey fear anytime wey market fall as e go always come back up. The amount of times wey Bitcoin dun fall ehh person no fit count self. For that laziness party, e no too sure because say na the lazy investors wey just dey buy to hodl and not trading, na dem dey make the money pass. But sha we need to dey learn everyday so we fit dey updated and not get scammed as that one na one sure thing for the industry, scammers go always dey plenty.

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