Quote from: Marykeller on November 26, 2021, 06:50:27 PM

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

I am one of the naive newbies. I do not deny that I need a lot of money. But for investment promotion with profitable promises, I have to be selective in responding to this. Because it's about money. If we are wrong in investing, our money will not come back. For that, I prefer coin mining or participating in the airdrop, even though the results are small but it will not hurt because it is free with no frills for a deposit. Not people who do not want to be rich and have a lot of money. But earning a lot of money with shortcuts is also impossible and not even possible. The best way is to be more patient and grateful for what you have. If you really want to invest, make sure you look for information related to the investment in detail and make sure you have considered the risks that will occur.