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Topic
Board Beginners & Help
Merits 1 from 1 user
Re: No late commer in cryptocurrency
by
Lucius
on 14/07/2021, 13:16:48 UTC
⭐ Merited by Magicalking (1)
Research, read the white paper, understand what you're putting your money in. Crypto is very volatile, you can lose your money if you don't do your research

All this does not guarantee that the project you are investing in will succeed, because over 10 000 coins at CMC claim that they are the ones who will solve something - and if you compare the top 100 coins 5 years ago and today, will you find 10% of those coins in today's top 100? It is about a lot of false promises, cleverly packaged lies and top-notch deceptions whose goal is to extract as much money as possible from gullible, naive, and greedy people.

More shitcoins are introduced everyday. There are numbers of low coins you can buy and hold now, your inability to do it now may also result to regret in 5years time.

I corrected your statement, because the value of a coin is in what you can realistically do with it - not how much someone will be able to pump it up at a given moment, your possible gain is certainly the loss of tens or hundreds of others who came in too late.

No one knows the pregnancy that carries a king.

Do you really think that a new crypto king will be born? I always thought we already had a king on the throne with an army of tens of millions supporting him.


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