How to Join the Crypto Community was written by Desiree, crypto influencer and Head of Operations at Lightning Labs, and it’s included in issue #10 of 21Cryptos Magazine. To read more articles like this subscribe today. To read other free articles check out our Magazine category. Follow us on Instagram, Facebook and LinkedIn.
This article is from an earlier date and as such can contain figures that were actual at time of writing.
People frequently ask, “How do I join the crypto community?” when they buy their first Bitcoin or want to learn more about cryptocurrency. However, figuring out where to go for helpful information devoid of scams is more difficult than most anticipate, and it is only getting harder as the industry expands. It’s extremely easy for new entrants in the space to get sucked into Telegram pump and dump groups and come out with significantly less funds and nothing gained other than a lesson learned through mistakes.
This article will outline a few suggestions for finding communities that align with your experience level and interests, but will avoid specific recommendations, as you should do your own due diligence to avoid fraud and bad actors.
Before jumping in, it’s a good idea to reflect a bit on your experience level and knowledge of the history of the space. Did your recently just buy your first Bitcoin or other crypto token? Have you been passively aware of the major happenings – hacks, policy changes, controversies – over the past year or more? Understanding your level of “noobness” should be a good indicator of your risk appetite. The less you know, the more cautious you should be when taking advice and engaging in different communities.
Recently knighted with the acronym “CT”, this is a Twitter community dedicated to all things cryptocurrency, regardless of which factions you align with. While there is a wealth of quality content, separating the signal from the noise is a bit difficult as you will encounter s**tposting and even more scams, bots, and outright fraud. Proceed with caution, but CT is the best place to engage with big players in the space, get questions answered, and begin building your own personal brand.
While Bitcoin and cryptocurrency devoted sub-Reddits devolved in the recent past with constant infighting and bots, the community is self-policing and the quality is slowly improving. Other OG communities with higher quality content include bitcointalk.org and some internet relay chat (IRC) channels. These barebone platforms tend to attract more technical communities, so they may not be the ideal starting point.
Traditional outlets as Forbes and Bloomberg claim to report on cryptocurrency, but fail to cover the true pulse of events. Many entities entirely devoted to reporting and covering cryptocurrency have popped up over the past few years and cover the industry much more accurately – 21Cryptos is a great place to get started every month (and be sure to catch up on all the past issues too)! Many leaders in the space take to Medium to post their thoughts and theories, but beware, fraudulent companies use this platform as a means of advertising and sucking in new victims as well.
Past issues of 21Cryptos covering crypto culture have described Telegram, Discord, Slack, and similar platforms in depth. Telegram, Discord, and Signal ecospheres are saturated with scams, pump and dump groups, and general low quality content. There are some groups that have maintained legitimacy, but they are few and far between. It is best to take great caution when entering here. Slack, however, can be great for finding developer communities and learning more.
The craziest way to get involved in the crypto community is in-person! While it is important to consider your physical security when engaging in such crypto activities, looking for sponsored group meetups are a great way to develop relationships and begin establishing yourself throughout the community. The group setting also provides some level of communal security. Conducting a basic Google search, such as “crypto + meetup + location”, is a great way to find local groups that are tailored to your knowledge level and interests. Other great in-person events include conferences (see June 2018 issue of 21Cryptos for advice on cryptocurrency conferences).
While taking some level of precaution before jumping into the crypto community is wise, the best way to start is to create a Twitter account and start following respected individuals in this space. Comment on tweets, ask questions, engage in respectful discourse, and take advantage of the free crypto learning available to you, as afforded by the internet and others in the industry. It is never too late to join the crypto community to learn, to engage, and eventually give back.