5 Things Crypto Experts Won’t Always Tell You

Trying to navigate the crypto scene is made worlds easier because there are so many sources of expert advice. From bloggers updating you about the latest news to Twitter/X influencers with viral threads to YouTubers with 7-figure view counts, the advice is endless.

But while these experts can help investors, especially newer ones, find their bearings and make informed decisions, they don’t provide all the information. In fact, there are certain things about the crypto industry that they hardly mention, some of which are as follows:

Crypto Cannot Overthrow Fiat (In Our Lifetime)

We know, the great crypto dream is a future in which Bitcoin is a world currency and Dogecoin is used to pay for our groceries. And while crypto assets are used far more today than ever before, the chances of overtaking fiat are very slim. First, there is the fact that humans have used fiat currency for centuries and it would take a lot for the average person to switch to decentralized currency. 

On top of this, countries around the world have far too much to lose from crypto being used on a global scale. A country’s sovereign currency is as much a political tool as it is an economic one. Think of how China banned foreign cryptos but created its own instead. Perhaps one day, crypto can match fiat currency in use but it won’t be in our lifetimes. 

A Crypto Winter is Inevitable 

Reporting on the highs of the crypto industry might be uplifting (and profitable) but not every expert will tell you that the crypto industry works in cycles; there will be a period of winter, no matter how well major assets like Bitcoin are doing. As Masafumi Sakoda writes, no one knows exactly when this winter will be (source: https://cryptonews.com/jp/cryptocurrency/cryptocurrency-bubble-2025/) but the idea that the industry will get to a point where major market downturns are a thing of past is simply false. First, investor fatigue will set in and buying trends will swing in the other direction. Then we have major developments around the world like the COVID-19 pandemic and recessions that mean fewer people will buy assets. So, while it might not happen tomorrow, a crypto winter is coming. 

Many Cryptos Are Overrated

Many crypto experts spend their time hyping up the next big token in the industry and while there are many great crypto tokens available, there are many bad ones. For every XRP that revolutionizes cross-border transactions, there are other overhyped coins that go nowhere. And this goes beyond speculation, the stats show that lots of crypto projects end up failing. This is down to a lack of use cases, poor promotion, a lukewarm market response, too much competition, and much more. 

If you take the narrative that is spun in the crypto sector, it would seem that a world-changing crypto is being released every day. The reality is that the Dogecoins and Solanas of the world are the exception, not the rule.

Blockchain is Not a Silver Bullet

Blockchain, the technology that underpins crypto, is perhaps one of the most innovative of its time. The use of distributed ledgers means that data can be stored indefinitely, creates safer computer systems, and is the first step towards a truly decentralized world. It comes as no surprise then that blockchain is being used in so many industries. These include finance, travel, politics, education, and so on.

With this, it is easy to believe that blockchain will solve all the reported issues in this sector. From stopping electoral fraud to simplifying record-keeping, it certainly has its benefits. At the same time, blockchain is not the magic bullet that will save every industry from its problems and while it addresses some, it is not the ultimate answer to everything. 

Crypto Won’t Make You Rich (Necessarily)

We’ve all seen the viral story of the investor who bought an obscure token before it hit the market for a few dollars and this investment turned into millions of dollars in a few months. Ideally, we’d all love to retire at 25 and ride off into the sunset as a crypto tycoon. But the truth is that your chances of making 1000 times your investment overnight are very low. Most cryptos do not do well long term and those that do see runaway success end up benefiting only a few people in that way. So while you can make a decent side income investing in crypto, becoming rich is unlikely. 

Conclusion 

The crypto industry can be an amazing place filled with innovative products and tons of investment opportunities. But while you navigate this landscape, it is worth keeping some facts in mind that the experts won’t always tell you.