Catching Up to Crypto

CHAPTER 14Investment Prep: NOT Financial Advice

If you're reading this book, there's a great chance the first thing that piqued your interest in crypto was the idea of significant financial gain. I'm here to tell you … it is rare. I didn't write this book to help you make it rich quick in crypto. This is not an investment book. I'm certainly no financial adviser, and I can't tell you what is best for your situation, financial level, and risk tolerance amid a myriad of other things that are unique to you.

I wrote this book to boost your perspective and understanding of crypto so you can have confidence in your next steps. And though it's the hope for profit that draws many into this crazy crypto world, my hope is that somewhere along the way you'll hold a growing portfolio while also embracing the true message of crypto. What is the message of crypto? Well, it's a mix of decentralization, permissionless development, transparency, evolution of technology, and offering an antithesis to the broken fiat system. However, many people never make it long enough in the crypto markets to find those deeper ideals.

So if you're looking to put your first hard‐earned, backed‐by‐nothing fiat into the crypto market, this chapter will show you what your options are – but then it's up to you to choose in which direction you want to go. This book will not hold your hand and tell you where you should be putting your money; these are your decisions, and you have to feel the weight of that responsibility. ...