📌Make we yarn small about the true reality of Cryptocurrency
1) Crypto price no dey respect anybody, no matter who you are. Today you fit buy a coin for $100, before tomorrow e fit just drop to $20, e no go ask for your opinion, just like dat it does it own thing, and if person no get mind, him fit quick tire.
That’s the one things that some people’s didn’t understand about the cryptocurrencies in general, but what some people think is that if they buy coins it will remain till when the market goes up and in crypto everything can happen at any times. That’s is good for anyone who has interest in the cryptocurrencies aspect should learn how to control their emotional; because is all about patience.
2) Learn before you invest. As oyinbo man dey take talk am- Learning is a Process. Meaning that as human being we dey learn everyday. So you gats dabi wetin you de put your money into, if if not you are simply gambling with your money. Do your own research, no carry your last card buy one coin because one person talk say the coin go blow- you fit dey disappointed later on o.
Having know about the investment before getting deep into it is every important. Because that’s what a lot people lack when investing and then at the end of day they will end of losing money without single profits, the reason why some investors losing their capital is because they don’t know how to invest on their own; mean that they do follow another people opinion without make research on their own.
3) Scammers choke for Crypto Space. WhatsApp or Telegram giveaways, or people wey talk say them go double your coin, avoid them like a plague, omo once you loose you money for crypto e don go be dat o, nobody go refund you.
Cryptocurrency is full with scammer and that’s why is good to be very careful when were coming to buy any coin checking in well into the details to avoid Scam, especially in the WhatsApp and telegram you listed earlier the scammers has been spreading fake news about the project just to get a way to hack people accounts; that’s why we should be careful with the kind of links that we follow on social medias.