Many people just get this belief say since nah wetin concern internet them no fit do anything called investment, unknowing to them that is the best place to invest on.
Even my uncle's saw it as a scamming thing, but they never knew it's the best place you can save any amount of your income in life.
And still have access to your money at anytime you need access to your investment. You all should invest online and see how your life will change for good.
Cryptocurrencies no dey come from any central bank. Instead, dem be decentralized smart contracts. Dis one make dem no fit recognize am as legal money. The legality of cryptocurrencies dey cause fear for different groups, especially some governments wey dey fear say if dis system fail, e go bring down big economies. Some people dey worry say since cryptocurrencies no be legal money, e fit encourage illegal activities like money laundering, terrorism, and other frauds. Reports show say crypto-related crimes and scams don increase for the past few years, and investors don fall victim to cunning individuals wey dey take advantage of investors wey no get enough knowledge.
Cryptocurrencies na the most volatile investments for the world. The price fit drop or rise drastically within just a few minutes. Because of dis, many people dey fear to invest for the industry, as we see when the price of Bitcoin skyrocket for 2017 but come crash the following year. Even though no doubt say the volatile nature of cryptocurrencies fit cause fear, e na one feature wey make investing for the space na risk wey worth to take.