04-15-2023, 09:01 AM
Anyone else wish they were smart enough to truly understand crypto?
<!-- SC_OFF --><div class="md"><p>This has been something I’ve struggled with for a while. I’m very interested in cryptocurrencies, blockchain technology and the potential for this bleeding edge technology to revolutionise finance. I try and do my research and make sure that I understand the projects I invest in, their use-cases and the ins-and-outs of their development. But I came to a sad realisation:</p> <p><strong>I just don’t think I’m smart enough to truly understand cryptocurrencies.</strong></p> <p>I’m not talking about my bone-headed investment decisions either. I tried to participate in Polkadot’s parachain auctions once and it felt like I was staring at the face of god. My mind couldn’t comprehend it. I know the basics of how Bitcoin works but I when I read the whitepaper my mind starts to melt. I want to understand what each update brings to the table. I’m genuinely so interested in watching projects like ETH and DOT evolve but my feeble artist’s brain really needs a dumbed down explanation to make sense of any technical information I’m presented with.</p> <p>Does anyone else feel this way? Or does anyone have any tips that’d help me learn the technicals? Right now it feels like no matter how much research I do I’ll barely scratch the surface of truly <em>getting</em> crypto. Maybe I’m just destined to be a simple hodler.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/reaglesham"> /u/reaglesham </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12m3vmq/anyone_else_wish_they_were_smart_enough_to_truly/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12m3vmq/anyone_else_wish_they_were_smart_enough_to_truly/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>This has been something I’ve struggled with for a while. I’m very interested in cryptocurrencies, blockchain technology and the potential for this bleeding edge technology to revolutionise finance. I try and do my research and make sure that I understand the projects I invest in, their use-cases and the ins-and-outs of their development. But I came to a sad realisation:</p> <p><strong>I just don’t think I’m smart enough to truly understand cryptocurrencies.</strong></p> <p>I’m not talking about my bone-headed investment decisions either. I tried to participate in Polkadot’s parachain auctions once and it felt like I was staring at the face of god. My mind couldn’t comprehend it. I know the basics of how Bitcoin works but I when I read the whitepaper my mind starts to melt. I want to understand what each update brings to the table. I’m genuinely so interested in watching projects like ETH and DOT evolve but my feeble artist’s brain really needs a dumbed down explanation to make sense of any technical information I’m presented with.</p> <p>Does anyone else feel this way? Or does anyone have any tips that’d help me learn the technicals? Right now it feels like no matter how much research I do I’ll barely scratch the surface of truly <em>getting</em> crypto. Maybe I’m just destined to be a simple hodler.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/reaglesham"> /u/reaglesham </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12m3vmq/anyone_else_wish_they_were_smart_enough_to_truly/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12m3vmq/anyone_else_wish_they_were_smart_enough_to_truly/">[comments]</a></span>