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Crytocurrency can be the future but it will take alot of time.Many people around the world are into cryto unlike before but the problem is that most countries are yet to legalize crytocurrency upto now because of some reasons like scams and so on . Countries are careful about it so that people will not lose their funds.So it's gonna take alot of time for it to be used and accepted all around the world.
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I strongly agree with you that it is time to call more people into crytocurrency.Looking back to when bitcoin and ethereum were developed one can say that the future of cryto is bright and with the recent development of different booming defi projects I think it is time to introduce many people into it so that many will benefit from it.
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Definitely history will be repeating itself again because many people don't learn from their past mistakes.Personally I no more invest huge amount in cryto because I have lost alot of my money due to that.Most defi projects seems to be lucrative nowadays and guarantee profits but still it is not a hundred percent that you won't lose your money so invest wisely so as to avoid lost.
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Obviously that is the same mistake people usually make all the time when making an investment . They don't buy when the price is low,many only show interest to buy when the price is high but logically one is supposed to buy when prices are low and sell them when the prices becomes high to gain more profit.
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I usually believe that most successful crytocurrency project have a very active telegram channel.If a project has an active telegram they respond more,share more information and interact more with its members unlike those that are not active.But it still doesn't matter whether a telegram group is active or not all it matters is that they are doing their job right.So it is not a guarantee to say all active telegram are succeed projects.
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Obviously at the stage in crytocurrency people should not fall for such obvious scams.It was in the early stage where one has little or no knowledge about crytocurrency that people were scammed .Nowadays many people know about so many scams projects so it is hardly enough to cheat anymore unless Newcomers that have little knowledge about it.
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It is never too late to invest in cryto-currency.There are some new coins that have potentials to make it very big in the market.Bitcoin and ethereum may be the first to make it in the market people bought them at low price but look at the current price of them both.Recently other coins have the same potentials one just has to make the right investment.
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I am very sorry for your lost .Losing 10 ethereum at once is not that easy to forget but I don't advise you to give up it is not all the time that we get what we want but it doesn't make us to stop trying at all.The only advice I will give you is that next time don't invest too much in a project you are not sure of it's potential to avoid another loss in the future.
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#PROOF OF REGISTRATION
Bitcointalk username: cute nmp
Bitcointalk profile link: 0x8fD38E423a23a32F79087FA31aBf4B5746411F6b
Telegram username: @cutenmp
Participated campaigns: Telegram,signature and medium
ETH address :0xD0B74BAE747a7756644B1f453577449055693A6c
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Due to the current pandemic all schools in our countries are been closed and the restaurant I used to work now only served take-aways so I find some small online jobs, engaging in bounty campaigns and cryto airdrop before the pandemic will be over and things will return once again to normal.
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The current market situation has put many people into fears of loosing their funds and that's what brings about the dump in the cryto-market.But it is better to hold now because I believe that things will stabilise with time.It is not a good idea to panic sell I strongly advise holding now.
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Many projects mostly used bounty hunters to catch their preys.Bounties used to be a very good source of income some years back unlike nowadays I have participated in many bounties that payed me less than $5 dollars for the whole campaign . Sometimes it is much better to participated in bounties that pays either ethereum or bitcoin than those paying their own coins but they are much harder to find these days.
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#Proof Authentication Username in Bitcointalk: cute nmp ERC20 wallet address: 0x8fD38E423a23a32F79087FA31aBf4B5746411F6b Telegram nickname: @cutenmp Campaign in which you participate: Twitter Campaign Twitter Audit link: https://www.twitteraudit.com/GirlAgr |
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Joined Campaign
Campaign Name : Telegram,medium and discord campaign
Bitcointalk username : cute nmp
Telegram username : @cutenmp
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#Authentication Post LYRA Campaign
Campaign Name : Telegram campaign
Bitcointalk username : cute nmp
Telegram username : @cutenmp
Wallet address : L5krvUj2N6Pnis364X7JWThU77u1Ksfot3BPwYTJWwJeDKDoYymKmNaJKZ7Q2vEHtCmUADCH9UszEDn Aga16c8FibGs6gH
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From all points of view the crypto -market is not in a good condition due to so many factors.Market started to recover middle of the year but suddenly it crashes again but no matter how bad the market condition is this year I don't think bitcoin will fell below 5k .The market will recover with time and things will be stable again.
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It depends but for a long time investment I will definitely go with gold because it is much more stable than Bitcoin.No investment can guarantee a profit or loss it is only time that tells that.The value of gold in the market hardly fells low unlike bitcoin in which their is no such certainty.Secondly gold prices quickly goes back to normal after fall unlike bitcoin which takes a lot of time to recover from huge fall so with long time investment I will definitely go with gold.
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