Some Practical Words for Newcomers to the Cryptocurrency World
The emergence of Bitcoin was intended to solve the problems of the traditional monetary system. In banks, even if you know the password, they can freeze your money. But in the world of cryptocurrency, as long as you hold the private key, your money is yours, and no one can touch it. This is the difference between centralization and decentralization.
Now let's talk about Vitalik Buterin, the creator of Ethereum. He got really angry as a child when he found that the attributes of the characters in the games he played were altered. Later, in 2013, he encountered Bitcoin and became fascinated by the concept of decentralization, diving headfirst into the blockchain industry. The struggle between decentralization and centralization is much like our pursuit of democracy.
Many people think trading cryptocurrencies is simple; they just need to sign up for an exchange and start. However, entering the market does not guarantee you will make money. Many newcomers want to make quick profits, only to be deceived by those "experts," ultimately losing everything.
As for whether cryptocurrencies are a scam or if they will collapse, this kind of worry is a bit pessimistic. Everything has a beginning and an end; the key is whether you can seize opportunities in the process. In the booming blockchain industry, being able to grasp opportunities to make money is what truly matters.
Trading cryptocurrencies is not illegal; it's just that we are relatively cautious about it here in our country. Many newcomers get scared by negative news, but in reality, you need to try it yourself to understand the intricacies. The cryptocurrency world isn't that complicated; the key lies in having the right mindset and strategy.
I started getting involved with Bitcoin in 2016 and have faced countless doubts. But look, Bitcoin has risen from a few cents to tens of thousands of dollars; that's a fact. This shows that a new industry often doesn't get much attention at the beginning, but opportunities are hidden in places that no one notices. The difference between people mainly lies in their mindset and judgment, not in how much money they have.
So, don't just follow others; you need to have your own ideas and judgments. In the cryptocurrency world, admitting that you are not perfect and accepting that you are just an ordinary person can actually help you go further. Those who dare to challenge and face risks often find opportunities that belong to them.
