Post
Topic
Board Altcoin Discussion
Re: Patience: The key factor to succeeding in the crypto space
by
Maknae09
on 30/12/2018, 01:56:44 UTC
A lot of folks do not understand what it means to the patient, most especially when it comes to cryptocurrency. Crypto is not a ponzi, where you just come in with the mindset of rushing out. Which is why many fall victim of scam projects and shit coins.
When you want to invest into any project, no matter how attractive it might look superficially, take your time to study it. Know the intent of the project and the team behind it.
Whatever you do not understand about a project, ask on their social media. Most times, telegram is used as a channel for open communication. So ask questions until you are satisfied.
Therefore, patience is key, because every other factor (intelligence, smartness, astuteness, experience, name it) will look useless if not taken into cognisance.
Thanks.

I've experienced here in our country wherein, bitcoin and other cryptocurrencies, have went and gone through a pyramiding, it's quite sad that people are investing, without knowledge on what Crypto's are. They eventually lose their money when the promoters are gone.