How much "crypto" knowledge do you need?
Despite being the alpha crypto and the safest place to invest, BTC does not provide much onboarding. You would think that any sane person would choose safety, security, and long-term profitability, but not so.
Meme coins does more than BTC, even though that more than 80% of these people go back to the trenches after they've been rugged. I think most new people in crypto wants to make it big, and that's the aim.
The concept of limited supply, 21 million, and all that isn't mostly a selling point, even though these are major economic metrics that should get you bullish. However, how many people begin their crypto journey by learning about tokenomics?
The OGs from 2013 and 2017 understand this, but those who are currently being onboarded do not, and most likely do not care.
Most of the big boys in crypto who made life-changing money in 2017 had no idea they would do so, but the market rewarded their loyalty when they least expected it, which is why we can call them OGs and rely on them for emotional guidance.
Time & participation
Crypto rewards participation and effort, and this is unlikely to change, but the current adoption narrative sells the idea of massive gains for little effort.
People in 2025 want this; they do not want to get into the game, buy and hold for four years, or even start small. Why? We know that there is a lot of knowledge about crypto and web3, and meme coins are shortcuts provided for people who want to make money quickly with no effort.
Limited Supply (FOMO)
In reality, there's really nothing much to know about BTC, just a quick study of its tokenomics and that's all. However for others DAPPS built around other Blockchains with different consensus mechanism, you need a lot of time, research and effort.
Of course you can't just sit around waiting for BTC, you need to actively participate elsewhere, and this opportunity might just give you enough startup funding.
Without the financial advantage, BTC will eventually become another hedge, with limited supply, vibes, FOMO, and increased government interest.
This is why a million dollars for BTC is not impossible; it is not because of the technology, but because of the financial incentives it provides to whales and government institutions.
BTC: the Game of whales
For ordinary people with ordinary money or nothing at all, BTC will not provide life-changing money or opportunities, which is why delving deeper into crypto concepts with greater utility gives regular people a chance.
Beneath the noise, there's a lot to see
I have seen DEX projects like HYPERLIQUID generate PERPS and raise millions. We have our own Hive, as well as many other amazing projects that offer startup opportunities.
Arbitrum was a LAYER 2 in 2023, airdopping over 600k users for an average of $3k, with some wallets earning more than $30k from a single airdop. What does this tell you? Memes are casinos, and BTC's opportunity for life-changing wealth has passed, though it can be used as a hedge to protect your money during a bear market.
There are still many opportunities, but you will need years of learning and active participation. Is this a price worth paying? Yes.
Most people in the game do not even have 50% knowledge of what they need to know, even after many years, and then there are new users who have 1% knowledge but want to make $20,000 in three weeks.
The problem with active participation is that nothing is guaranteed, this idea alone can kill the vibes. Telling someone they will be in the game for years may appear harsh, but in reality, this time is necessary for them to learn on their own.
Mastering emotions
Wen this?
Nobody has been able to master the FUD/FOMO that we experience every cycle. 98% of people are still susceptible to losing their minds, particularly when expectations are not met.
I have a theory: I think that in 6 months most people will learn and use this learning experience to tame or control their emotions for the subsequent cycles to come, and those who didn't learn anything in this cycle will continue to be clueless.
Many of us are still in a state of chaos and uncertainty, and this is because we lack the necessary tools (knowledge) to remain calm and collected.
The more time you devote, the more you master the space; this time spent acquiring experience is the true gem that will eventually reward you.
So that time that most new users do not want to spend is what would have rewarded them, but because it seems counterproductive, they turn their attention to meme and some scam ways to flip millions, fail, get rugged, come back four years later to chase memes again until they're 60.
Interested in some more of my posts
Why Is the grind getting harder?
Monopoly Is the Death of Civilization
Survival: Choas and Scarcity
Crypto: Gut & meaningful Connections
What is the primary barrier to entry in Web3?
What Are Some Things You Should not Do During A Bull Market Year?
I agree, it takes time to gain knowledge that is necessary to do well in crypto. Many people diving into meme coins will experience the "rug pull" and lose interest in crypto. It's such a shame... Even her on Hive I've seen projects that just go under...
It's really too late to jump on the BTC train unless you have $200K to play with, $200 doesn't go very far. So far the alts have been pretty cold, things may change in the very near future though! I'm an optimist!
Memes do more onboarding than BTC because people come into crypto nowadays for a quick x100 and that's just all they want. So more people are always left disappointed and eventually leave the way they came in. Back in the day there weren't memes, just solid projects and token here and there.
With BTC you'll need a lot of money, maybe 200k at the bottom of the 2026/27 bear market and go ahead to make 2m$, but how many people have 200k laying around? That's why knowledge is important in this space especially of other opportunities you can grow with very little
Lol, you just reminded me of a dumb decision I made last December... I threw $200 into a meme coin expecting at least a 10x, then planned to dip with the profit, just because I trusted the person who gave the signal, and I was desperate for cash to cover some bills... The goal wasn’t just to flip money but to pay hospital bills for my sick mom, so it hurt even more.... I was just crying.
The truth? Most people need a little of both.... the anchor of BTC and the chaotic thrill of new tech. Most of us don’t want to wait 4 years for something that might moon. It’s not laziness, it’s modern dopamine economics. We live in a world where 10 second clips go viral, so telling someone to "hodl" for 1,460 days sounds like punishment.
Meme coin creators knows what people wants so they give it so them. In essence, meme coin isn't supposed to be crypto. To classify it, it's a casino built on web3, and it mostly favours the early apers and the insiders, everyone else is just exit liquidity for those that started early. Sorry for your loss, in desperate times, people can adopt desperate measures to find solutions
I understand that deeper knowledge and patience is needed to thrive better in this crypto journey..
As for meme coins ...I followed the crowd and got messed...let me not remember it abeg
Joe, where can I learn about tokenomics?
You can just check in chatgpt and ask questions about the tokenomics of any crypto and it'll give you the information you want..
It's true people just want to buy some coin and then wait a pump to sell, they go on meme coin as they are cheap, for btc it wont change your life unless you buy some btc and hope it pumps
BTC is good investment if you're buying at the bottom of the bear market, but you'll actually need some decent figure to do a X15 or x10 from the bottom.
It takes time to learn the knowledge, and I agree that BTC is looking more like an asset over anything else. I just don't know what to say about the alts though because they haven't been moving much.
As for FUD/FOMO, just wait for the news articles when BTC starts skyrocketting or dropping. People will either add in or drop out like flies.
I think BTC won't make people rich, it has no onboarding advantage except that we know that more government will adopt it. I think it's a safe space to try and hold your coins and flip it later for alts to make decent returns.
Exactly. Nowadays, people tend to go for meme coins and fast moving cryptocurrencies that promise big profits quickly, even if the risks are really high.
Yeah, there's a chance you make it big and another chance that you'll get burned.
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Mastering emotions is important. Especially when it is very likely that all our actions are triggered by emotions, even if there is some logical justification behind.
Emotions should not run our decisions (especially in investments), but we should be aware that they trigger our actions. An analysis doesn't make you buy or sell, an emotion likely does. You may feel cautious, fearful, or greedy, for example. That's why you push the button. The feeling may come without a clear reason (a sentiment or you got influenced), or it may have a logical argument behind.
We may be able to train ourselves not to react to first impulses, but eventually we likely need an emotion to make us push the button.
You're right. Emotions triggers us to sell and not really the analysis or the knowledge or predictions. If I come out of this cycle unscathe with at least 70% of my predictions correct, I would have learned so much and gained much too. My hands are folded. For me, I think when my plans for this cycle works, it'll take away every form of impulsive sentiments for subsequent cycles
Wow, you are aiming high at 70%! Very few can manage that, at least in the short term. Although, the longer the term, the easier it is to be right in your prediction, at least in crypto. Let's see if alts will end up disappointing us this cycle or pull a fantastic finish. Otherwise, for the medium-long term, it's difficult not to be right in crypto, after a while, if you pay attention, and don't take impulsive actions.