Post
Topic
Board Beginners & Help
Merits 35 from 18 users
Topic OP
Two important lesson I learn from this forum
by
Ojima-ojo
on 22/11/2022, 19:18:22 UTC
⭐ Merited by KingsDen (3) ,Hyphen(-) (3) ,The Cryptovator (2) ,pooya87 (2) ,Halab (2) ,Pandu Geddon (2) ,Asiska02 (2) ,Pmalek (2) ,SOKO-DEKE (2) ,Charles-Tim (2) ,EFS (2) ,Zaguru12 (2) ,RockBell (2) ,Stepstowealth (2) ,CryptSafe (2) ,Upgrade00 (1) ,dkbit98 (1) ,DdmrDdmr (1)
As 2022 is almost coming to an end and haven't been around this forum for a while now, I have learn two vital lessons this year that will guide my journey in the cryptocurrency space.
THE TWO LESSONS
1: I will never trust an exchange, most especially centralized exchanges e.g FTX Binance, etc.
2: never to trust any other coin aside from Bitcoin for long-term goals, most especially the highly centralized altcoin as there are open to external influence just like centralized exchanges are also exposed to external influence.
So I am led to the conclusion that, cryptocurrency is not the problem, but centralization and the human factors are the major set back in the young fast-growing cryptocurrency industry