Ask Leo: why are people investing into crypto currency despite the crash and the volatility nature of Crypto ?
Alot of people are getting to know more about cryptocurrency due to the awareness on Twitter , discord ,hiveblockchain and many more decentralized platforms . Alot have been said positively and negatively. some believe investing into crypto is a waste of time and is just like you gambling with your investment. This has Made alot of people reluctant to get involved in crypto business,yes Crypto is volatile in nature and involves risk. There is no lie about that but the benefits of investing in Crypto is also a very huge one .
I was introduced to hive blockchain 2years ago and have been participating in different community contest and create posts about farming, photography , lifestyle,and so on. But knew little about Crypto not until I joined the leofinance community . This community has taught me alot about how important investing into Crypto is and the skills and techniques involved in it .The leofinance has broaden my horizon and knowledge about crypto , investment,finance and many other lucrative business . I must say this community has been a blessing to me.
Let's go back to the main topic.
Why are people investing into crypto despite the risk and volatality expecially during this crypto bear market ?
People are becoming very smart and ready to take risks for their future either they want to be rich or to be poor . Many people have seen crypto as a long time investment that can change someone's life for better and the best. Although there are lots of stress attached to it because you have to be online regularly, checking your investment and buying more tokens ,involving in different trading.This might be time consuming also ,but in a worse scenerio like buying a crypto at a very high price and when you are about to sell the bear market set in this situation made alot of people to see Crypto as gambling . Despite all these, people still want to invest into crypto currency ,for futuristic and long term purposes
Investing into crypto is a good investment but one need to acquire more knowledge about it ,knowing how the business works ,the risk involved,when to buy and to sell. All these need to be put into consideration .
People have come to see the future of Crypto and web3 as a platform that will change a lot of people's stories ,the decentralized nature , freedom for people to manage their data and information by themselves without any centralized body or government involving in their activities. At this period of time of bearish market, alot of people see it as an opportunity and strategy to keep investing and buying the dip for a long-term plan and when the market improves they sell and make multiple interest. This is why we see more people investing and buying day by day .
Thanks for visiting my blog 😊 do have a blessed week @tobywalter cares 💞💕💕💕💕💕
Posted Using LeoFinance Beta
Watch out for the human traffickers at hivefest. You wont know it until its too late. STAY AWAY! Beware, traffickers can be women or men! They will act nice until they dont. There is human trafficking going on around this type of crypto. I have witnessed it. They literally have attempted my murder and are trying to kill me with V2K and RNM. Five years this has been happening to me, it started here, around people that are still here. Homeland security has done nothing at all, they are not here to protect us. Dont we pay them to stop shit like this? The NSA, CIA, FBI, DHS, Police and our Government has done nothing. Just like they did with the Havana Syndrome, nothing. Patriot Act my ass. The American government is completely incompetent. The NSA should be taken over by the military and contained Immediately for investigation. I bet we can get to the sources of V2K and RNM then. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism ..... https://ecency.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem if you run into one of them you may want to immediately shoot them in the face. 187, annihilate, asphyxiate, assassinate, behead, bleed, bludgeon, boil, bomb, bone, burn, bury, butcher, cap, casket, choke, chop, club, crucify, crush, curb, decapitate, decimate, deflesh, demolish, destroy, devein, disembowel, dismember, drown, electrocute, eliminate, end, euthanize, eviscerate, execute, explode, exterminate, extinguish, finish, fry, grind, guillotine, gut, hack, hang, hit, ice, implode, incinerate, kill, liquidate, lynch, massacre, maul, microwave, mutilate, neutralize, obliterate, off, pop, poison, punnish, quarter, ruin, shank, shock, shoot, shred, skin, slay, slaughter, smoke, smother, snipe, snuff, squish, stab, strangle, stone, suffocate, suicide, SWAT, swing, terminate, torture, terrorize, whack, waste, wreck. You better fucking kill me.
Congratulations @tobywalter! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!
I agree with everything you say in this post. It is true that people are getting smarter and therefore they are keeping investing into crypto despite its volatile nature and the current market situation. In fact, I think that part of the benefits of cryptocurrencies is that they have made us all more aware of how the world works, economically talking , and they are helping us get out of the economic hole that governments and politicians always put us in.
People who we are in crypto have realized that thanks to cryptocurrencies we can improve our quality of life and obtain the economic wealth so longed for. In my opinion, thanks to this; we have realized that the current bearish scenario is temporary and merely circumstantial, and that when this scenario changes, those of us who believe in cryptocurrencies and use them, will end up better positioned economically than at any other previous moment.
Excellent post, it made me reflect on very important things. Thanks for sharing.
Posted Using LeoFinance Beta
You are welcome friend @piensocrates
The truth still remains.... Crypto is still new and anyone getting on board at this early stage should know that this move will be for the long term.
Posted using LeoFinance Mobile
Sure you are very correct @iskafan
I am glad you agree.