Okay so honestly I don’t know that much about crypto. Like genuinely I’m not an expert at all. But everyone around me keeps talking about it, writing about it, earning from it — so I thought let me just dig in a little and see what’s going on.
So whatever I understood I’m sharing here. If I get something wrong the experts please be kind🙏
So basically cryptocurrency is digital money. You can’t touch it, can’t put it in your wallet, can’t hide it under your mattress. It only exists online. And the weirdest part? No bank controls it. No government controls it. It just… exists. Honestly that part still doesn’t fully make sense to me 😬
It all started with Bitcoin in 2009. Nobody cared back then. Like people literally ignored it. And now? Now the price of Bitcoin makes your jaw drop. The people who bought it early are just sitting there laughing and the rest of us are standing here like okay cool we missed that 😭
And it’s not just Bitcoin anymore. There’s Ethereum, Solana, Dogecoin, and like a hundred others I’ve never even heard of before. New ones keep popping up every other day it feels like.
So should you invest?
Honestly I have no idea.
I keep hearing stories of people becoming millionaires overnight. And then I hear stories of people losing absolutely everything. Both seem real. Both are scary. I genuinely don’t know who to believe.
One thing I do feel though — going in blind is a bad idea. If someone comes up to you and says “bro put your money here it’ll 10x guaranteed” just run. Seriously just walk away. Those people are trying to profit off you not help you.
And another thing that just makes sense to me — don’t put in money you can’t afford to lose. Like your rent money, your emergency savings, money you borrowed — keep that far away from crypto. Only use what you’re genuinely okay with losing completely because that possibility is very real.
Will crypto be the future? Maybe. Will it crash completely someday? Also maybe. I honestly don’t know and I don’t think anyone truly does.
I’m still learning. Still confused half the time. But I think that’s okay — better to admit you don’t know than to pretend and lose everything because of it.
If you know more about this than me drop it in the comments I’d love to learn 😊
Thanks everyone 🙂
Stay well, stay healthy.
