Post
Topic
Board Beginners & Help
Re: Newbies, don't be naive
by
Marykeller
on 26/11/2021, 18:50:27 UTC
It wonders me a lot how does a newbie invest in something he has no single knowledge about. Just in the name of making money.
There's this friend of mine that has invested in so many projects but she doesn't know how crypto works. What and what do you need to consider first before investing in any altcoin. I was asking her how does she manage to know about altcoin to invest in. She told me that a friend of hers do tell her the coin to invest in nothing more.
From our discussion, I get to find out she has no single knowledge about crypto. She's in to make quick profits.
At the end of it all, I started lecturing her everything concerning crypto. Volatility nature of the market, things to consider before investing. Cmc ratings etc I spend hours lecturing her