Mastering [alt]coins: The Poor Man’s Guide to Getting Crypto Rich

So you missed out on the crypto boom?

You had dreams of telling your boss where to shove it while you drove off in your shiny new pink Cadillac looking for the meaning of life but it didn’t happen.

Maybe you sat on the sidelines waiting for a good price that never came? These prices are crazy, you thought, they’ve got to come back down! Who would pay $10,000 for a single Bitcoin? It was only $1,000 a month ago. And so the prices kept blowing past you.

Or maybe you made all the mistakes in the Cryptocurrency Trading Bible parts one and two? You over traded, chased rallies too late, FOMOed, sold out too fast and in general did a lot worse than the market because you didn’t learn your lessons. The price to becoming a good trader is really, really high. Most people never make it. To get great at trading you have to lose a bunch of money fast and fail to outperform the market before turning it around.

If you’re lucky, you learn those lessons and wind up a savvy trader who trades well whether the market is up or down.

But the odds are against you. Human nature is against you. Emotions are against you. Everything is against you.

And yet there is hope.

Cryptocurrency Art Gallery: Litecoin, Ether, Ripple, Bitcoin and Namecoin (Image: Namecoin/Flickr)
Cryptocurrency Art Gallery: Litecoin, Ether, Ripple, Bitcoin and Namecoin (Image: Namecoin/Flickr)

You didn’t miss the boat. Well not totally. You can still swim out to it if you paddle real hard.

It’s not over. A mere 1% of people own crypto. Crypto can solve dozens of previously intractable problems, like digital identities, supply chain integrity, data breaches and many, many more.

But it’s going to take awhile. The crypto superhighway is still under construction. They’re paving the roads and pouring the cement. Nobody is living in the McMansions yet.

But…but…but bubble. Tulips. It’s all going to crash isn’t it?

Yeah. So what?

Let me let you in on a little secret. Ready?

Read more: HackerNoon