This story is about a guy who shared a story about how he started in crypto and bitcoin. He invested some cash at the end of November last year (2017). He had a few friends who told him about their small successes and how easy it was to "get started". It was really easy. He started reading and exploring the whole crypto world, bitcoin and every other alternative coin. He then began to shift the focus to the block chain to see what future opportunities might be. Started getting real output and invested some of his savings in several ICO projects with real potential.
And what do you think happened to these ICO projects. That's right, none of these projects turned out to be alive because of the speculation that is superior in the crypto investment market.
ICO is a startup, the main way to raise money for the development of the project, which can help the crypto community.
But the story is not over yet, after he lost everything he had, he decided to learn even deeper and further.
He began to watch many documentaries. Several years 2015, 2016 and 2017. He was disappointed, to say the least. All the movies were about bitcoin and its value. The story in the films was about the highs and lows, scams and deceits. The actual potential of the bitcoin blockchain has been mentioned only a few times.
The block chain is based on what the technology of the blockchain, and therefore the bitcoin and all other altcoins.
Now he came to the conclusion that Cryptocurrency is just a way to make money. No more, no less. You buy bitcoin btc or other coins and in no way support the project (ICO).
Well, a little more to create the appearance of trading on the bitcoin exchanges, as long as the whales start to take responsibility and pampite a coin and then roll to the floor.
Whales are large investors, owners of a large number of coins capable to bring down or raise the price of a coin.
This story is written from the words of our real hero, who started with a high sense of morality, being part of some new future, when the block chain (blockchain, bitcoin) will be the next Internet. Right now it's like a rat race where you have to take as much money as possible before others take it in front of you or instead of you.
His feelings are filled with resentment and disappointment, not that he is ungrateful. He likes a lot of ICO projects because of the team behind her that really wants to change the world. But if you look around, it's mostly people who make money in the crypto-world, a lot of money. And in fact, the money comes from other people who invest in the crypto market.
Conclusion
In part, he is right that the market for any Forex or cryptocurrency trade is based on the ruin of some and the enrichment of others. But it is important to keep a balance between greed and profit-taking. Always, when the price of the coin increases, you can see that the bulls came and raised the coin.it's time to fix your price (i.e. withdraw money in cash (Fiat)). However, greed and greed to earn even more leads to ruin.