Cryptocurrencies are gradually becoming known to the entire world, which is a great thing. Trading cryptocurrencies and investing in startups has always been an interest of mine. While trading or investing, be it in crypto or fiat projects it’s important to consider all factors that require to be prioritized. Cryptocurrency projects investing has not been smooth sailing for me. In this article I am going to address some of the challenges that any crypto enthusiast has come across while investing in crypto-based projects.
Cryptocurrencies are still new to the world, and majority of people out there are still hesitant to invest in this new currency. Before I became dedicated user of cryptocurrency, I had much doubt about the trustworthiness of cryptocurrency, and there was a constant fear of losing my hard-earned funds.
Cryptocurrency is still very unpredictable, and without any trusted entity to ensure the authenticity of certain decentralized assets, coins, ICOs, and TIFs, numerous scams, and Ponzi schemes have come up. This is where the problem comes in because there is no way any investor would invest in a project that they are not sure about. Before putting in my hard-earned money to a particular crypto project, I have to be sure that the project is genuine and not just a scam.
The fact that differentiating between a legitimate and a bad project has become extremely difficult leads to some genuine projects being ignored and attracting minimal or no investors. On the other hand, scams end up collecting incredibly large sums of money from innocent people who were unluckily not well informed.
At the end of the day, it all comes down to the fear of losing funds for investors who are not educated on how to choose the right projects to invest in. I remember sometime this year, a friend of mine invested heavily in a particular crypto project. Today we found out that the project was a scam and there is no way all that money can be refunded. Startups are also hit hard by the issue of scams as legitimate projects end up not receiving the support they deserve from heavily funded investors, and their projects never come to the limelight.
THALER PROJECT.
Thaler is this amazing project that I came across which has embraced and developed blockchain technology to best serve the interests of individuals or teams who want to invest in promising crypto projects.Thaler is made up of a team of experienced and highly talented professionals who will help educate us on how Thaler can be used by innovators and investors. Thaler thrives on decentralized governance and budgeting system which guarantees the community full democratic control over the allocation of budgets.
CONCLUSION.
The Thaler project seems like one to look out for with their initiative to educate the people on the right projects to invest in. I am personally thrilled to see the success of this project and get to experience the full transparency of blockchain technology as it should be. Mass adoption of cryptocurrencies will be greatly improved by Thaler since the team will help build a strong community of innovators and investors. All the challenges facing the crypto space are about to be completely taken care of thanks to Thaler.
🔗 Website: https://www.thalertoken.com/
🔗 WhitePaper: https://www.thalertoken.com/white-paper
🔗 Facebook: https://www.facebook.com/thalertokenfollow/
🔗 Twitter: https://twitter.com/TokenThaler
🔗 Medium: https://medium.com/@thalertoken
🔗 YouTube: https://www.youtube.com/channel/UC6lexmtlUcxn-MtNtvsT1sQ
🔗 Reddit: https://www.reddit.com/user/thalertoken/
🔗 Telegram: https://web.telegram.org/#/im?p=@ThalerGroupChat
🔗 Instagram: https://www.instagram.com/thaler_token?r=nametag
★ Author: jamesndungu1
★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
★ All Images credited to Thaler Website
