Does Technology Matters In Cryptocurrency?

[Sikapa]

The way I see Cryptocurrency might be different from the way others see it. Maybe is because I don't have much knowledge about Cryptocurrency but I hear most people testifying on how they are making real money from Cryptocurrency. Sometimes I just sit and be wondering how are they doing? This is the question I most at times ask myself.

Well, maybe is not just a one day job and as time goes on I will get to know everything about it and there I can also make real money from it. I have the interest but because I don't know much about it, I'm afraid if I invest into it maybe I will run lose. I see everything as a gradual process and I don't worry myself much about something I don't know but rather humble myself to learn.

I also see Cryptocurrency as a person must be good in technology before he can succeed in it. Is that how Cryptocurrency work? Does a person has to know much about technology in other to earn from Cryptocurrency?

 

[Yugocean]

It's strange to think of your way, but it's good that you want to ask and learn about cryptocurrencies before you invole into it.

First of all - Cryptocurrency is an economic technology "Cryptograph". It is the blockchain-based computer code in the Internet, it has no physical form.

Investing - Investing in anything should be only as much as you are prepared to lose. Thinking whether I will lose or win - not a right way to invest.
for starter, you don't even need to invest.

Make money - Cryptocurrency is money in itself, although your form of money (USD, EUR, GBP, INR, RUB etc) can be earned through trading cryptocurrencies, but that is a different process.

You are newcomer, so first you should learn about wallet and exchanges. Cryptocurrencies only live in the blockchain, so a blockchain based wallet is a must have exchange platform.

If you're seriously up for it, we can do a go ahead.