Information is power in the cryptocurreny world

The rate at which cryptocurreny is going I am gradually seeing that in a long run it might help to eradicate poverty or reduce it to some certain levels. The beauty being a cryptocurreny holder is just too amazing. Despite it amazing part we should bear it in our mind that it is not a get rich quick scheme, it is an investment choice and loss is part of the game. Don't think that immediately you put money here it will rise to $2220000000, bear it on your mind that people are steadily loosing fund. The uncertainties here is just too much but we have to keep faith alive.

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I have seen people who are into cryptocurreny going anonymous, this at the end will hunt them. This is simply because if there is useful information they might not be informed. There was this coin I was holding unto, but I never knew. It was an airdrop coin that really worth enough of dollar. While it was worth good amount of money, nobody told me because I was just anonymous holding to the fact that I don't communicate, I was forming big boy. I don't chat nor say anything in group chat.

After some month interval, a friend of mine told me thank God he sold a token because it has rug. I said the coin name looked familiar, my friend told me that since he has the coin, he knows I have it too. I rushed down to check different wallet and I discovered the coin was sitting on my wallet. Funny enough I have large quantities of it. I was given large quantities because of the fact that I was able to referred a lot of friends. Iit was such a painful experience that I missed out on my lambo because I was not informed.

With the story I said above, hope you can see how important information is when it comes to cryptocurreny. Another one happened to my friend, permit me to share the story. You know the rate of scam in cryptocurreny world is getting out of hand, you just have to be smart no matter if you fail to do so you will pay dearly for it by loosing your fund.

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As we have it, because he is that anonymous person just like me, he doesn't care about anything. Scammers started sending coins into him wallet randomly deceiving him that it is worth a big amount of money. Take for instance they might send you a coin called #rake into your wallet but when you will trying swapping it, you won't be able to do so. This will lead you into research making and once you come across how to sells it. Immediately you link your wallet and sells it, all your token on your wallet will be wiped out. Such a smart scam I must say.

Now when my friend saw the token in his wallet he rushed down and swapped, that is how he lost all his money. After loosing a his cash he cannot hold the tears and frustration alone so he had no choice than to rushed to us as he retired from his anonymous stage by telling us the truth of what happened. Assuming he told us before swapping we could have saved him because some of the fact that we might be acquainted with the scam.

Don't be deceived, information is power. Learn to relate to people but why doing it know your limit. With information if there is a paying project you will be able to know very fast but if you are far away and you are not informed about that project you will definitely missed out. I can go on and on telling you why information is very vital when it comes cryptocurreny, but for the now I will end the post here. No matter what, always endeavour to be informed as this is one vital key in this life that will aid your growth in this world.

Conclusion

No matter what happened you should make sure that you are always informed when it comes to cryptocurreny. Remember the popular saying, if you are not informed you will be deformed.

           Tfame3865  
            signed out 

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