Ask Leo: Is crypto a scam or a real Investment
It is no doubt that so many people have begins to look at crypto currency Investment as a scam, because of the FTX collapse and the all day going down of prices of the tokens.
But the truth remains that crypto currency is not a scam business Investment, it is real and will ever remains real, what the market is facing is just a hard time, which in business, it is a normal thing.
Even in life, we see that thing's are made left and right, a time for our activities to be going right are there as well as the time for our activities to be going left.
Things work in two ways, I see that no digital online Investment has the degree of transparency like crypto currency.
what the overall stock market are facing is just a momentary because as people say there are, it will come out great in days to come.
Two days past, few of friends gather and they were saying that, anything that is online is always a scam, I was there to let them know that, they maybe true to others online business but crypto Investment is not a scam.
Most of them argued "how come the FTX collapse and why are the prices of tokens still dropping, it is true that the price are dropping but crypto is alive.
Dropping of prices does not mean that crypto is a scam, is just a hard time that the overall market are facing.
The thing is anything that our knowledge could not match only will be seem not understanding to us, my friends do not read about crypto news, so how would they know.
What Makes them hear the FTX collapse is because, the critics never stop to spread the unfavorable news and this kind of information can travel so fast.
No matter if others online businesses have been a scam in the past, in swallowing peoples fund's, turning peoples into miserable individuals, crypto currency has been created out of that idea.
Infact crypto currency purpose is to enhance peoples life's Into better living and take power out of the central system.
Posted Using LeoFinance Beta
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