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There is this attitude with us when we start something new. We always want the old guys to lead the way. There is nothing wrong to ask the old guys for tips or help from time to time. But for me, I think you shouldn’t ask them everything. In crypto, it doesn’t matter for how long you started investing, you can just buy an asset and hit instantly. 

I think there is no certainty or proof that when someone starts investing before you they will make it before or there is no guarantee that they know it much better. The way I see crypto might be very different. I feel like when you get into crypto the number one priority is to make sure you understand most likely what you will be doing for the rest of your life. If you refuse to understand what you are doing now will you do? 

This is where the Twitter peeps who only fill people with FOMO come in. Most of the Twitter crypto influencers are only there for the good times. That is when you will see them shouting btc to 100k, btc to 100k but the moment BTC starts dropping you don’t see them still encouraging people instead they ghost on them until the next bull market. 

For now, the bull market creates more investors than the bear market. I don’t think this is a problem but I do think it needs to change. We will like for the bears to be able to create more investors. This will show that yes people believe in crypto, these are the people who will HODL not people who only FOMO buy in the bulls and quickly sells when they most probably see 4 successive red candles on the chart lol. 

One might ask, why will someone fumble at seeing 4 successive red candles? It’s because they don’t know what they are into. It clearly shows that they don’t even take time to study crypto a little because they are not long-term investors. You don’t need to study a whole book on crypto though, all you need is to grasp the basic concepts and then you are good to go. 

Knowing how to buy it on an exchange is not a bad idea but I don’t think it’s such a big thing to know. Study what it means for a red candle to appear, and study the type of candle you should use alongside certain indicators. Learn the basics. 

I know we say crypto is volatile but then at times you can really read it and know what it will do next. And that way to use technical analysis which I believe is one of the most important ways to analyse crypto. 

So before you consult someone remember that your opinion matters too and sometimes your instinct is all that you need. 

Thanks for reading.


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Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rubilu/when-it-comes-to-crypto-your-experience-counts-too)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rubilu/when-it-comes-to-crypto-your-experience-counts-too)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@rubilu/when-it-comes-to-crypto-your-experience-counts-too)