The other day there was mumbling about the losses incurred by investors in cryptocurrency which got me thinking, "don't they know that that's just the way it is?"
When you look at it, crypto is not a safe haven if you don't do what's most necessary, doing your own research.
Just like starting a business, you spend time finding a location to situate the business, sort out those who would be interested in the product or service being provided, how much it would cost to buy equipment or fittings, you know the expenses and what your profit would be estimating if it would truly be viable.
Just like real time business, that is the same thing with crypto apparently, the case is different for crypto as it is always seen as put in and take out, just how ridiculous. When the ground opens up and suck up what's on the surface it feels like the world is against us.
The same consideration that is taken in starting a business or choosing a job is the same consideration if not even stricter in crypto because, the risk are greater.
In crypto, you have to be ready for both seasons, the bear and bull market, capitalizing on each of them, choosing the best crypto assets that you understand and can stand the test of time in the long run. Regardless, crypto is always looked at with the evergreen, always ready ground that whatever is down on the ground #must yield fertile fruits.
Until you've heard and understand rug pulls and about projects that deceive investors.
The past month and week has revealed as crypto projects have come crashing face flat on the ground without any chance of recovery and attempt to take flight continues the damage leading to continuous loss.
As all these unveil right before us, it seems like there's been a revelation and the lessons have been learnt as the crushing winter season couldn't help cover up tracks. It doesn't change a thing because it would happen again and only those that DYOR, and stick with what works best for them would stay above waters at every point in time.
Thanks for visiting my blog, till next time.
