Post
Topic
Board Nigeria (Naija)
Re: "Crypto people are criminals" Seun Kuti.
by
Sonia_123
on 07/02/2025, 10:30:55 UTC
An adage says that what you don't know is bigger than you, if you go into a business without proper research, it is likely that you can make avoidable mistakes. Many people think that crypto trading is a get rich quick scheme because of what they hear on social media and from what people that don't have trading experiences tells them. When they lose all their money due to inexperience they will call cryptocurrency a scam. People that have not taken their time to learn about technical analysis of trading and be mentored by experienced traders are no different from gamblers who are depending on luck to make profits.

Seun Kuti's labelling of crypto people (traders) as criminals shows that he doesn't know anything about crypto trading. If he knew that cryptocurrencies are volatile he wouldn't be blaming innocent traders for his sister's lose of 50 million naira in trading, according to him.

People that are looking for where to make quick money should understand that crypto trading is not a shortcut to riches. It is a risky business that people don't need to rush into because they have heard that others are making easy money from it.

Source:  https://phoenix-browser.com/Je5rYkvfn2e

This is what we are saying, you don't want to learn or know the genuine crypto which you are to invest,you just need a bigger money, then you rush into it and start calling people names, because of your inability to detect the truth and false.
Knowledge of cryptocurrency is not only necessary for crypto traders or those into it ,an individual can have the knowledge in other to protect himself and family from scammers and crypto fraudsters.
Seun Kuti generalizing is sister's loss is uncalled for,what if she has the right source and won, will he come publicly and announce his cash worth from cryptocurrency . He still have more time to learn.