I am reading a book about ultralearning. Basically there is a method, or rather a bunch of methods of learning how to do everything really really fast. Easy to explain, but hard to follow. You know the story when you need to make a detailed 10-year plan about your objectives, and then ask yourself what you need to do to accomplish it in one year. Now, the methods you use to do this are called ultralearning.
There are basic skills, and there are minor skills. To be good at something you need to learn basic skills. You can even master them. To do this you need 100 hours to be decent, 1000 hours to be good, and 10,000 hours to master the skill. The levels to be achieved in order are: Beginner, Novice, Average, Good, Master and Virtuoso. Of course, there are many variables. You want to be a weather man, for that you get a university degree. But if you want to learn how to do it, you'll want to become a meteorologist. Again, 10,000 hours of practice, and there you are. If you want to specialize in snow related events and polar weather it can take even longer. Unless you've grown up with an Eskimo tribe, in which case you may only need 5000 hours.
And then, there's the idea of extrapolation. When you apply skills from another domain that you already know. You study history, and you focus on generals and armies, and battles of the past. You learn to play a team based game, you can apply this knowledge to become a better player. The reverse is also possible. Game theory, when you are a pro gamer, can help you in tactical battles in real life.
Mastering the basic skills makes you a master. Just below that, applying the 80/20 principle, you can spend 20% of the time needed to master something to learn 80% of core knowledge. But to become a virtuoso, one of the top 10 people in the whole world, then you need to master even small skills. The more you know, the easier it is. Think about languages. Choose randomly, let's say, Romance languages. You learn French. Then you learn Romanian. After the first two, you can learn Italian in less than 3 months. At this stage, you already understand Spanish, so adding it to the list will be easy enough. Then it's a matter of weeks to learn Portuguese. But that's not all. For example, you know Spanish, the kind of Spanish they speak in Spain. But, there are another 18 countries that speak Spanish differently. A few months in Argentina, Bolivia, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela will be able to take you. differences, and as long as you only have a few countries left on the list, I'm sure it will be fairly easy to become proficient at it. The main language is easy to learn, learning all the dialects is a struggle of a lifetime. And maybe it is the same with any other language.
Now, let's move on to the low-hanging fruit. crypto. What are you planning to do with it? Trading, IT, Mathematics, Game Theory, Economics, Human Behavior. Unlimited list. What is your main plan? What do you think about improving your portfolio and what methods do you want to use? Make a 10-year plan. Make it good, and in the slightest of details. And then find the gap, and learn the skills needed to make it through in a year. It is difficult, but not impossible.
As Richard Bach used to say:
"There is no problem without the gifts in your hands. You look for problems because you need their gifts."