How I Got Into Crypto — A Journey from Skepticism to Curiosity
A few years ago, crypto barely caught my attention. It seemed like a highly speculative gamble, full of wild price swings, hype-driven projects, and get-rich-quick schemes. Compared to traditional finance — gold, oil, stocks, and bonds — crypto felt too risky, too volatile, and too disconnected from real value. Even penny stocks made more sense to me than digital coins floating around the internet.
But over time, things changed.
My First Steps into Crypto
I first started hearing more about crypto from colleagues at work. It wasn’t just news headlines anymore — people around me were talking about their investments in Bitcoin, Ethereum, and random altcoins. Around 2020, Dogecoin and Shiba Inu were making waves. Stories of life-changing gains flooded social media, and the phrase “To the Moon” was everywhere.
Everyone was buzzing about crypto, and I decided to experiment with it too. I started feeding small amounts into different projects — altcoins, meme tokens, anything that seemed promising at the time. Some of those projects are still alive today. Others? They went straight to zero. (Check out my blog on Meme Coins and Market Hype for more on that ride.)
At that time, I had a full time job, and traditional markets weren’t exactly convenient. Stock markets have fixed hours, and trying to follow them while working was difficult. Crypto, on the other hand, never sleeps. The ability to trade 24/7, react to news instantly, and check price movements at any time was something that made it more accessible — even if it came with its own risks.
Looking back, I’m glad I jumped in when I did. The market crashes, bull runs, and learning experiences along the way were invaluable.
Understanding Blockchain — More Than Just Speculation
I neither do nor don’t think about blockchain. It’s not something I actively follow, but I’ve realized that crypto is more than just tokens, speculation, or the next hype-driven project. Understanding how blockchain works helps separate projects with real potential from those that are just running on community hype and influencer promotions.
Some projects create actual products, ecosystems, and use cases, while others exist purely as short-term money grabs — pushed by marketing teams and flashy social media campaigns. There’s an entire business model built around meme tokens, influencer endorsements, and unrealistic promises. New projects emerge every day, fuelled by speculation, but only a small percentage survive and evolve into something real.
While I’m no blockchain specialist, I can see that it’s becoming a growing part of finance, technology, and business models. It’s not just about trading tokens — it’s about how digital assets, smart contracts, and decentralized networks are shaping industries.
A Learning Curve Worth Experiencing
I won’t lie — the journey wasn’t smooth. I entered the market just in time for major corrections, COVID related crashes, and unpredictable volatility. But looking back, I’m glad I went through it. I wasn’t relying on crypto for income; it was more of an experiment — a way to explore an emerging market. And I learned valuable lessons along the way.
I don’t consider myself an expert, but the experience gave me a better understanding of market cycles, risk management, and how hype affects price movements.
Final Thoughts
I started as a skeptic, got caught up in the hype, and now I see crypto as a mix of real innovation and speculative chaos. The learning never stops, and I’m still figuring out where this industry is headed.
One thing is clear — crypto is here to stay. The only question is which projects will survive the long run and which will fade into history.
📌 Up next: I’ll be diving deeper into how macro trends, influential figures, and market psychology shape crypto’s future. Stay tuned!
📌 Disclaimer: This blog is for informational purposes only and does not constitute financial advice. Always conduct thorough research before making investment decisions.
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How I Got Into Crypto – From Skeptic to Investor was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.
from The Capital - Medium https://ift.tt/eCqNFAf
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