The long curve of learning.

in #coins6 years ago (edited)

thelearningcurve.jpg

I started learning about Blockchain and crypto early 2017. After i decided I like the 'idea', I bought some BTC, ETH and LTC, because that was the easiest thing to buy (and the only ones on Coinbase).

Cue the long learning curve.

Once you buy the coins, you start learning:

  • about the almost 1400 other coins that also exist
  • about the other exchanges you must join to get the other coins
  • that the exchanges don't all hold the same coins
  • that some exchanges remove coins when they feel they don't want hem on their exchanges any more
  • that exchanges get hacked !
  • that there are things called 'wallets'
  • that those wallets can be online/ off line / hard / cold or paper.....
  • that even a offline hardware wallet can be unsafe if you buy it from etc wrong person
  • that coins can go up 100 % in a day....
  • that coins can go up 500 % in a day !
  • there's something called 2FA
  • that you'd better use REALLY good passwords and 2FA to be safe
  • that there is LOTS more to learn!

That's just the beginning.... more to follow... suffice to say, I should sign myself off as:

Yours,
"Completely Clueless"

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