# First Experience With Crypto

I've been feeling more attracted to cryptocurrencies recently, but I have two main problems preventing me from jumping on the wagon:

1. I am a total crypto noob and it the whole world of cryptocurrencies seems super technical and overwhelming.
2. I have no money to invest, knowing that I can loose it all. My priority is to buy a tiny piece of forest in the island where I live.

And the problem two kinda makes it pointless to invest time and energy into learning more about it. So while I felt a pull, I thought that I'm just not bound to explore it for the foreseeable future. And that's when a trusted friend sent me one Pi.

### My Very First Crypto Experience

Pi is a new cryptocurrency designed with people like me in mind ⤵️

![](https://2091713735-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MUU0uwXwGBGAAiV1D1l%2F-MXH83pIKK1Xg09MMW9x%2F-MXHJbTEWAvwRa70w1oy%2FScreenshot%202021-04-02%20at%2011.22.38.png?alt=media\&token=b7557562-71aa-4c0c-a1b8-7b4ab93a7d5b)

Here's my understanding of it:

The coin is now in an early phase and without monetary value (yet), which means that **you can acquire it for free, via "mining", which in practical terms means clicking a button inside the app every 24 hours.** Btw, mining doesn't require the app to be open, and, from what I understand, it doesn't have a big negative impact on the environment like Bitcoin. So far, so good!

![I love how easy they make it.](https://2091713735-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MUU0uwXwGBGAAiV1D1l%2F-MXH83pIKK1Xg09MMW9x%2F-MXHOPGG5VJZ7y848VC7%2F2021-04-02%2011.42.31.jpg?alt=media\&token=ab2a83e5-428d-425f-9fd0-ed2e9628c96c)

I've set a daily alarm to ping me at 11:40 to do some mining ⛏. It always makes me laugh.

![](https://2091713735-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MUU0uwXwGBGAAiV1D1l%2F-MXH83pIKK1Xg09MMW9x%2F-MXHODLRwfg4UKWbEZ4I%2F2021-04-02%2011.42.25.jpg?alt=media\&token=52b8d7a9-6124-4c82-af51-2944d8e9f7d2)

The amount of Pi you can mine decreases with the amount of people joining to protect the scarcity of the coin. Eventually it will drop to zero. I guess I'm an "early adopter", hehe.

Pi has a great built-in sharing mechanism, creating win-win incentives for people within the network and new participants: faster mining and extra coins. It's a common spreading strategy, and it works – my friend shared it with me, and I shared it further. Why not?

Basically, **I click one button per day, and if things go well, I might get wealth in the future.** And if not, I've wasted 5 sec per day, which doesn't feel like a big risk. Let's see how it goes 🌱.

If you'd like to join, here's a win-win [invite link](https://minepi.com/heymichal) (use *heymichal* as your invitation code for a bonus).

{% hint style="info" %}
Update 8 May 2021: I've been mining for a while now and I have over 300 Pi. If Pi ever hits 1€ per coin, it's already worth the hassle of setting it up. Fingers crossed.
{% endhint %}


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