Quote from: Prateek_sharma on June 06, 2019, 09:04:56 AM

Well!! if you are new to crypto industry, you want to start a career in the crypto industry than you have taken the right decisions.
before entering the crypto industry you need to know everything about crypto like how cryptocurrency works and history of cryptocurrency etc. because lack of knowledge about crypto will make you lose money.

When I have started a career in the crypto industry I haven't aware of these things.

What do you think let me know!

Blockchain education starts with knowing the following things:

1. Why?
2. How?
3. What?
4. When?
5. Where?

1. Why?

Many people want to go into cryptocurrency for all the wrong reasons. When they join, they think speculatively. Meaning, they think that if they buy 1 BTC at $3,000, and then sell it as $5,000, then they make a cool $2,000. That simply should not be the case. Gone are the days when speculation of this nature is still possible.

You need to know your precise "why". Cryptocurrency is so complicated that it has many nooks and crannies. There are many traps that need to be avoided and many pitfalls that lure many an excited person into the wrong place.

If you can answer "why" with a simple, "Because I believe that cryptocurrency is the future of money, then you have taken the first correct step.

2. How?

Once you figure out "why you want to get into cryptocurrency", you then proceed to "how" you want to proceed. For example, if your reason for getting into cryptocurrency is because you believe it is the future of money and that you want to learn how to master the art of programming it then you would know that programming is your "how". If you are like me, then you believe that people can and would work for bitcoins. That's how I make my bitcoins - by writing and by designing graphics.

3. What?

"What" depends on your "how" which depends on your "why". What particular niche in the ecosystem do you want to have a role to play in? If say, before you knew about cryptocurrency that you sold vegetables in the market, then this is partially answered: What do you want to do? I want to accept cryptocurrencies for the vegetables I sell. This is a great by the way to introduce other people to cryptocurrencies: by showing them that it really works in the real world. Right now, it is hard to convince a lot of people because of "bad actors". The bad actors merely show that Bitcoin is some sort of magical money that will make them rich. This is not true!

Remember one of the laws of Physics? Energy can neither be created nor destroyed. So, value is merely transferred from one person to another. Whether its carrots, beans, mobile phones, gold, services, or what have you - this and the karma that goes along with it, revolve in a circle of economic sustainability. If an eco-system is not economically sustainable, then we have a speculators market that is at best may prove to be bitcoin's undoing - at its worse, could hurt Bitcoin more than it helps.

Choose a good "What?"

4. When?

Well, if not NOW then WHEN?

5. Where?

Wherever it is allowed. Of course, bitcoin is uncensorable to a certain extent, but the people who possess it or have knowledge of it, could be limited by their physical geography. This is the reason why many exchanges move to crypto-friendly jurisdictions like Malta.
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