.A man comes to a village and announces that he will buy a monkey for 250 Rupees( local currency). Alot of people go and catch monkeys from nearby forest and sell them for 250 Rupees each. Next day the man announces that he would buy the monkeys for 350 Rupees . More people are interested and they catch the monkeys and sell them for 350 Rs. The next day man announces that he would buy monkeys for 500 Rs. Whole village starts looking for monkeys and that day alot of monkeys are caught and sold. And then comes the earning day :) , Man announces that he would buy the monkeys for 1000 Rs , everyone goes looking for monkeys but return disappointed because all the monkeys are already being caught and sold. The "wise" buyer now plays the trick, and asks one of his accomplice to announce that he has some monkeys which he would sell for 700 Rs. Everyone buys the monkeys for 700 Rs thinking that they would sell it for 1000 Rs but when they go to the actual"buyer" a big door lock lauging at their foolishness because the "buyer" and his accomplice had already left the town, with all the profit, never to be seen again...
I was told this story by a friend who thought that crypto currencies are similar to the buyer.....and that is the problem with most of the people who are afraid to invest or get into crypto trading......so the simple solution is to do research, watch the trends , market values , fluctuation, theory and idea behind it.....blooming bit coin.....and steeming users.....all laying foundation to a new currency world......and love for steem....as I believe it would be a double treat in a sense that blogging, reading and earning , all desires fulfilled..... :)
