Make we dey real most of us been hear about Crypto through success story for example-
- One guy wey buy one coin like this for 2020, don smash better profit as him be selling am today.
- One investor enter into meme coin and now he don dey drive GLK.
Na this kind story dey make many people most especially Money Driven Individuals to jump into crypto currency with high hopes. Make I no lie I also be get high hopes when I been first enter crypto. And as the thing no con dey pay me initially, I con been dey reason to forget about crypto then jump into programming or any skill wey go dey reward the effort wey I been dey put in(So funny).
The truth of the matter be say Crypto no be magic money, if person carry that kind mindset enter am him fit jam better heart break. infact ehn no legit skill for this life be magic money, e go get times we you go encounter lose but e no mean say you go come give up.
📌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.
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.
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.
4) Profit no dey certain. The reality of the matter be say no be all coins wey you buy go pay you, some go pump while some go dump, so always be prepared, have an open mind in case you experience any loss or profit
In conclusion, Cryptocurrency na better opportunity, but it can only favour people who are serious and dedicated to it, unserious fellowor people wey wan use am as a shortcut to wealth no dey last long for crypto.
I agree with you that in crypto, there is no such thing as "I came here and won". It is a matter of a lot of patience. Along with this, one needs to have basic knowledge. There is no shortcut to becoming rich in the world. You have to learn a lot yourself without jumping on someone else's success. Even if you lose repeatedly, you have to hold on tight. In this volatile market of crypto currencies, it is very difficult to determine its dynamics even as a big investor. Therefore, it requires courage to invest here. If you do not have a little courage or a risk-taking mindset, it is very difficult to succeed from here. Along with this, you have to control your greed to invest in crypto currencies. Because scammers constantly lead greedy people to this wrong way. By tempting them in various ways, scammers force them to buy coins other than Bitcoin.