Anytime I have a thought about cryptocurrency investment, there is this question that usually cross my mind. The question is why do people still keep investing in cryptocurrency heavily despite its fickle nature. This is a question I have not been able to fathom myself,my bad,shame on me I have no reasonable answer to that question in whichever way or manner that will please my disturbed mind towards this question. Moreso, despite it fickle nature, People still don't care to invest in cryptocurrency.
What could be the reason why people still invest in cryptocurrency despite preach about it volatility?
One thing crossed my mind as at the time I was writing this post is that,is it because what cryptocurrency investment is all about are glaringly spelt out for potential newbies. Is that the reason why they wouldn't mind? Is it because cryptocurrency is open with its rules and regulations, pros and cons. Maybe because people are being told the truth about cryptocurrency why they feel like it's an investment that can be trusted. Truthfully,if you look at most online investment platform,most of them are full of lies and promises that they won't be able to fulfill like Ponzi scheme, MMM scheme where most Nigerians lost almost all their savings in the investment. So I think because cryptocurrency explains itself how its work,maybe that's the reason why people prefer to invest in cryptocurrency.