The Transition from Fiat to Crypto

There are so many times I heard people arguing they don't understand crypto and don't feel comfortable managing it. I knew people that had the intentions to immerse in this world but the fear of losing the money don't let them, and I can understand that feeling.

First of all, you are not going to lose any money

You would see some dumps in your assets but crypto is destinated to grow much more in the next years. Some Governments are trying to sink everything the community built, just because they have their own deals with the centralized banks, but that's going to end soon, because nobody can beat the community.

There's a fear of managing the exchanges too. For younger people is easier to learn these things because we are more used to technology (there are exceptions of course) but is not impossible for olders! Here are many old people on the community and even them are more experienced than me on trading. I know that it's because we are talking about money, and anyone want to lose anything while they are learning.

Try to think for the future, and don't get me wrong, I'm not writing this to make you invest blindly. I'm just trying to solve thoughts that you probably have. Recently my dad learned how to manage the exchange and he bought $25 in BTC. In a couple of days he is going to buy more because he will have a bonus wage for Christmas, he is really waiting to start buying and of course I will give him some Hive for HOLD.

On to this point I always recommend creating a Hive account to start managing crypto for the first time, and if you want to learn more about cryptocurrencies no doubt you must create a LEO account, is because here people share their thoughts about crypto, there are many tutorials and important daily info to be aware. For some people is hard to get the impulse for buy crypto, but Hive let you have those first coins and be able to learn with that.

I recommend it to because you have people to ask with, and that how we learn faster, don't you? here we help each other, and we all transform into masters at the end. You need vast amounts of money to succeed? not necessary, just be engaging, but without forcing it because that is so cringe.

Read everything you can

The ones who regret about this transition are the same ones who don't like to read and feed with information. If you only stay with the things that other people's tell you without doing research by yourself, you don't go to know why dumps and pumps happens to your investments and at the end you are going to blame the system without knowing anything, you will embarrass yourself.

I'm not saying isn't nice to follow others' opinions but by being wisely, there are so many autoproclaming their self-experts and telling other people in where to put their money, you must be intelligent and always read about the project.

I have 3 years on this, and I feel like I barely know nothing, but I know the minimum to know where a red flag is and how to manage my portfolio.

Tonio out

Posted Using LeoFinance ^Beta