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It's a good thing crypto is complex, especially if you know how to use it.

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by COINS NEWS 160 Views

I always hear people say, crypto needs to be more user friendly for it to become adopted and then the price will skyrocket and I will be rich. Well, what they are really saying is, "I've converted my fiat to a coin. The end. When will I become rich?"

That is definitely one strategy, but not the best. If you are only buying and holding coins and waiting to "cash out" you are missing a golden opportunity, and that is learning what your coins actually do right now before the general public does! Think about it. If you already know how to move some coins around between wallets, and trade on a Dex, or interact with a liquidity pool, or stake your coins, whatever it is that your coins do, you are already way ahead of the curve! To prove a point, go ask your average co-worker, your non crypto family/friends if they know what crypto actually does. Most of them will say they know crypto is something you buy and then sell to make money, but do they actually know how to use crypto?

Clearly, crypto is complex to the average user, and it should be like any emerging technology. The space is moving so fast that if you don't follow all the changes in crypto you start to get left behind. Well this is a good thing, as it creates an opportunity for the people seeking to get ahead of the general public. However, the crypto space in general is a land mine. There are start ups that can easily fail, scams, and pressure from all the people shilling coins just to dump on you. However, if you do your due diligence, you can actually get ahead of people and take the profit, and this is why people say DYOR. However researching a coin is just the start, you also need to learn how to USE the coin to really get ahead of most people.

Eventually crypto will become mainstream, a way of life. Many people will then interact with crypto the same way you do, but will start using "simplified" platforms and pay a middleman to do it for them. However, you will know the root to how it all works, the fundamentals, and will already be ahead of them. You can compare it to understanding how to fly a plane vs never learning how to fly and paying someone else to fly for you. So be happy its not as easy to use crypto right now, as you have the opportunity to understand it first, while you can see how it evolves first hand.

submitted by /u/tranceology3
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