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New to Crypto? Here's What I Wish I Knew at the Start

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(@okenomics-expert)
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Joined: 3 weeks ago
Posts: 6
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Hey everyone 👋

If you're just getting started in crypto — welcome! It can feel like stepping into a different universe at first, but trust me, we’ve all been there. From weird jargon like "gas fees" and "staking" to figuring out which wallet is safe, it can get overwhelming fast.

So I thought I’d drop a few things I wish someone told me early on:

🔐 1. Not your keys, not your coins

This one’s huge. If you don’t control the private keys (like on centralized exchanges), you don’t fully own your crypto. Consider getting a self-custody wallet like Trust Wallet, Exodus, or a hardware wallet if you're investing serious amounts.

💸 2. Start small

It’s super tempting to go all-in when things are pumping, but volatility is real. Start with what you can afford to lose, and learn as you go. Even $10 in Bitcoin can be a great way to get your feet wet.

🧠 3. Avoid hype traps

If someone promises “guaranteed returns” or asks you to send them crypto for a bigger payout… run. Scams are everywhere, especially targeting newcomers.

📚 4. Do your own research (DYOR)

Watch YouTube channels, read whitepapers (if you're into that), and join communities. Don’t just rely on TikTok or random tweets — ask questions, and stay curious.

🔍 5. Start with Bitcoin or Ethereum

They’re the most widely used and supported, and a good starting point to understand how crypto works before diving into altcoins or DeFi.


   
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(@faucet-chaser)
Active Member
Joined: 3 weeks ago
Posts: 7
 

Awesome post 🙌 — seriously wish more people shared this kind of practical advice with beginners instead of just shilling the next “100x gem.”

Totally agree with all your points, especially the “not your keys, not your coins” part. I learned that one the hard way during an exchange outage last year — couldn’t access anything for days. Now I use a Ledger for long-term holds and MetaMask for daily stuff.

Just to add a couple things that helped me when starting out:

Use testnets
If you're curious about interacting with smart contracts or DeFi but don’t want to risk real money, try using testnets (like Goerli or Sepolia). It's like a crypto sandbox — perfect for learning how wallets, swaps, and bridges work without spending a dime.

🔁 Don’t panic sell on dips
Easier said than done, but zooming out helps. If you’re in it for the long term, short-term volatility is just noise. Try setting alerts or walking away from charts if they’re stressing you out.

💬 Join one solid community
Whether it’s a DAO, Reddit sub, Telegram group, or even a local meetup — having people to talk to makes the space feel way less overwhelming. Plus you’ll learn faster just by being around others who are also learning or building.

Thanks again for this post — it’s the kind of thing that actually helps people stay in the space longer. Looking forward to seeing more beginner-friendly threads like this 🙏


   
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