Cryptocurrency is digital money that isn’t managed by a central system like a government. Instead, it’s based on blockchain technology, with Bitcoin being the most popular one. As digital money continues to gain traction on Wall Street, more and more options become available. There are currently more than 5,000 cryptocurrencies on the market.
While you can use cryptocurrency to make purchases, most people treat it as a long-term investment. However, investing in cryptocurrency can be risky if you don’t know where to begin.
Only trial and error must be felt by someone who just wants to invest in the cryptocurrency world if he doesn't have a partner with high knowledge. We can think of a result of the decisions we make, but in reality and after being applied, the results are not what we think. The high flying hours greatly affect one's understanding of how investing in the crypto world works.
This is not instant science, it takes a long time to understand how cryptocurrency works until we can make money from it.
But trial and error is also a good method to actually acquire knowledge yourself. In other areas, like launching startups and becoming self-employed, you are actually told to go for the trial and error method to become a better business man over time. I think that also applies to investing to some degree, doesn't it?