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RE: It's frustrating to not have any prior knowledge of the Crypto-World! Drop some knowledge on me...

in #crypto7 years ago

Good source of news and info:
http://www.coindesk.com/

Understanding blockchains at at least a basic level is good, so you know what you're getting into. Here's an 'Explain like I'm 5' version:
http://www.coindesk.com/bitcoin-explained-five-year-old/
And the technical white paper for bitcoin:
https://bitcoin.org/bitcoin.pdf

Age old advice but it bears repeating: Don't invest anything you cannot afford to lose.

It can be tempting seeing the incredible gains some of these coins are making to bet too much, but big gains can also mean big losses.

Good luck!

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Hahaha I'm sure the 5 year old explanation will help me! Your guidance is greatly appreciated. Thank you @youkaicountry

@youkaicountry is speaking wisdom, good advice.

It seemed like it came from a real place. No bullshit. I'm glad @youkaicountry took the time to, drop that knowledge!