Who Are You in the Crypto Market? Let’s Start Right
1. Welcome to the World of Crypto
If you're standing at the doorstep of the crypto market, you've probably experienced a mix of excitement, confusion, and anticipation about the opportunities it promises. Maybe you've heard stories of people who “changed their lives” by investing in Bitcoin, Ethereum, or even memecoins like Shiba Inu. Perhaps that’s what brought you here!
But before you begin, do you truly understand who you are in this market? Each participant in crypto has different goals, motivations, and approaches. Identifying who you are will help you understand what you really need, where to start, and how to avoid unnecessary risks.
2. Identify Yourself in the Crypto Market
Before diving into crypto, take a step back and ask yourself:
"Who am I in this market? What is my motivation to begin?"
Your motivation will steer your journey in this volatile world. Understanding your true goals and drivers will give you clarity, helping you avoid blind decisions, herd mentality, or falling for risky hype cycles.
Are you driven by the desire to get rich quickly?Are you inspired by stories of people making millions overnight with crypto? Are you genuinely interested in blockchain technology and its potential to change the world? Do you want to participate and contribute to the development of this innovation?
Are you seeking financial freedom, hoping to find a long-term investment path to build security for yourself and your family? Or are you simply curious, eager to explore and understand the decentralized finance world, learn, and gain knowledge? If you don’t identify with any group above, that’s perfectly fine! These are just some of the most common examples to help you shape your self-image.
If you desire all of them, that’s great! You know what you need—we’ll find a way together.
Why Are You Here?
Be honest with yourself:
Why do you want to enter the crypto market?
“I want to get rich quick”
One of the biggest reasons people are drawn to crypto is the potential for high returns in a short time. For many—especially the younger generation—crypto isn’t just an investment opportunity but a shortcut to wealth, especially after witnessing dramatic success stories.
According to Statista (2023), 78% of crypto users enter the market hoping to earn high profits. This isn’t only true in developed nations but also in emerging markets like Nigeria, where 32% of the population use crypto as their primary investment vehicle.
A 2022 survey by Finder found that 21% of Vietnamese people have participated in the crypto market—a notable figure in Southeast Asia. Vietnamese youth are increasingly tech-savvy and eager to ride new market waves.
A prime example is Erik Finman—a teenager who invested $1,000 in Bitcoin in 2011 at just 12 years old. By 2020, Finman’s net worth had surpassed $4 million, making him one of the youngest crypto millionaires. He once said, “Bitcoin changed my life. It was one of the greatest opportunities a young person could ever have.”
“I want financial freedom and to retire in my 20s”
Many people join crypto not just for short-term profits but because they dream of achieving financial independence. They want to earn money without working a 9-to-5 job—and crypto seems to offer that possibility.