Hi Crypto addicts! Wait – what? You say you’re not a crypto addict?? DUDE (bro/sis/other)!!! You might think you’re not a crypto addict but you are – you just don’t know it yet. The fact that you made your way to Megadumpload.com is proof that, yes – you definitely are addicted to cryptos, or why else would you be here?? 🙂
But there is no need to get stressed. Just relax. I, Megadump, am here to hold your hand and guide you to success in the crypto world. In time, you will call me “Master.”
So first off, we need to define a few basics, just to see what we’re dealing with and where you want to go.
To that end, start by thinking about where you are at the moment in terms of finances and time commitments. What debts do you have; what assets or cash do you have that you are willing and able to put into your crypto endeavours? How much time do you have to spend working in the crypto space each day; or week? Some people find that they have a decent cash budget available but only a small amount of time each week to devote to collecting crypto currencies. Other people might be short of cash but have more free time to invest in a decent project to earn some coins. Ultimately, it doesn’t matter what your own situation is. Whatever you have to work with, is the reality. In other words, “it is what it is.”
As an example, for me personally, when I started in cryptos in 2016, I had around $100 per week I could spend but only a couple of hours I could set aside for the project. Over the following year-and-a-half, I have changed jobs, and have less cash to invest, but more free time on my hands, so the opportunities open to me have changed. As one door closes, another opens.
Regardless of your financial situation, it is useful to think about your upcoming adventure in the crypto space as an apprenticeship. No matter what your background may be, you, along with the rest of us in this crazy industry, start in crypto currencies at the bottom of the food chain.
Now, you might be thinking, “Hey! I’m a stock market trader. I know everything about trading and finance. I am definitely not at the bottom!” That’s fine – I am not here to bust your ego or break your balls. You might have a lot of knowledge in traditional markets, but the crypto currency world is anything but traditional. We are breaking new ground every day. Nobody knows everything here.
On the other hand, you might think that you are already in too deep, and don’t know enough about financial markets and economics to make sense of any of this. Don’t even worry about it. If that is your perspective, then you already have an advantage over a lot of “more experienced” people. If you can at least drive a PC or a mobile device, and are able to send and receive emails, then you know enough to get started. I, and other people who are smarter than me, will help you learn whatever else you need to know along the way.
In the next post, we will discuss a few basic strategies that might be suitable for you to follow depending on your own circumstances. In the meantime, take some time to consider where you are at in terms of time and cash commitments, and I will see you on the flip side.