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DogBone80's Blog on Crypto

An Introduction to Crypto Currency – How to Get Started Without Accidentally Rug-Pulling Yourself

Crypto Investing for Beginners:

Welcome to the Wild West of money… but with more JPEGs of dogs and laser-eyed cats. If you’re here because your cousin made 47x on some coin called “CumRocket” and now you want in, congratulations! You’ve officially arrived at the casino where the house sometimes prints its own chips.Let’s break this down like you’re five (because emotionally, that’s about where most of us are when we FOMO into SHIB at 3 a.m.).Step 1: Actually Understand What You’re Buying99% of crypto is speculation. The other 1% is Bitcoin and Ethereum pretending they’re “mature” assets while still doing 20% swings because someone on Twitter sneezed.
Start with the boring blue-chips:

  • Bitcoin (BTC) – Digital gold. Boomers like it. Your uncle thinks it’s a scam until it hits $100k, then suddenly he’s a “visionary.”
  • Ethereum (ETH) – The one that powers all the monkey pictures and DeFi magic.

Pro tip: If the coin has “Inu,” “Rocket,” or “69” in the name, just assume it’s a charity donation… to the developer’s new Lamborghini fund.Step 2: The Meme Coin Experience (A Comedy in 7 Acts)

  1. You see a dog coin pumping 300% in an hour
  2. You frantically Google “How to buy [coin] on Uniswap”
  3. You connect your wallet and pay $180 in gas fees just to click “Connect”
  4. You set 15% slippage because “I ain’t missing this moonshot”
  5. You finally swap… and immediately get rugged for 98%
  6. You tell yourself “It’s okay, I only put in what I can afford to lose” ($3,400)
  7. You buy the top anyway next week because “this one feels different”

Funny side note: Buying meme coins is like playing Russian roulette, except five chambers are loaded and the sixth one just plays a Rick Astley video.Step 3: Get a REAL Wallet (Not Your Keys, Not Your Cheese)Stop leaving your crypto on exchanges like it’s 2017. Mt. Gox wants its business model back.Get yourself a proper DeFi wallet. My current favorites:

  • MetaMask (browser + mobile) – The cockroach of crypto wallets. It just won’t die.
  • Rabby Wallet – Like MetaMask but actually good (and it auto-switches chains so you don’t fat-finger BSC instead of ETH).
  • Hardware wallet (Ledger/Trezor) – For when you finally have more than “ramen money” in crypto.

Why this matters:
When you control your own keys, nobody can freeze your funds because you tweeted something spicy. Also, you avoid the soul-crushing moment when an exchange goes “Oops, we lost your coins in a boating accident” (actual excuse used by QuadrigaCX).Step 4: The Golden Rules (Tattoo These on Your Forehead)

  1. Only invest what you can afford to light on fire while laughing maniacally
  2. Take profits (yes, even if Twitter says it’s going to $1)
  3. Turn off Telegram notifications or you’ll age 10 years this bull run
  4. If someone DMs you about a “100x gem,” it’s a scammer. Every. Single. Time.
  5. Dollar-cost average into BTC/ETH like a responsible adult, then gamble 5% on frog coins like the degen you truly are

Final Thoughts Crypto isn’t going anywhere. The tech is legitimately revolutionary. The prices? Absolute clown show. Embrace both truths. Start small, learn how to use a proper wallet, keep your seed phrase written down somewhere that isn’t your Notes app titled “passwords lol,” and remember: In crypto, the house always wins… unless you’re the one printing the dog coins.

Now go forth and responsibly ape,P.S. If you want to play with DeFi without accidentally sending $10k to a black hole, start here: [dn80.com/wallet-guide] – I wrote a step-by-step for normal humans who don’t speak Solidity.See you on the blockchain (or in the unemployment line, depending on how this cycle goes).

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