Friends of Proyect-Hope, a big greeting to all, I hope you are very well. Today we are witnessing what is a great rise of Bitcoin, which has gone from being worth $51,500 to almost $60,000 in just under 3 days, this is great news.
Additionally we are also seeing the rise of many alternative currencies, to tell the truth, most of them are on the rise, even the Steem has been rising for a few days, until almost touching 0.26 today, Wednesday, February 28. So, we are living good times, and to tell the truth, I believe that what is coming is much better.
I would not like you to take this publication as investment advice, but the reality is that all of us who have been here constantly, for a long time, could benefit a lot.
Unfortunately, just as there will be those who can make good profits from this bull run that has already started, there will also be those who lose a lot in the process. The detail is that when a process like this starts is that the hype becomes bigger, and all those people who have not been here in the crypto environment start to enter basically by FOMO, because someone tells them to do it, and they do it, the detail is that they do it without any education and end up losing money.
I am not saying that it is wrong to enter, logically, the more we are, the more the crypto environment gets stronger and logically, we all benefit. The problem I see is that those who enter victims of misleading advertising, what they end up is disappointed, because most likely they enter a little late, or at a very high price, makes a correction before continuing to rise, sell in the fall, and end up losing their money In the end, they end up leaving saying that all this is a scam.
Unfortunately this is going to happen to many, it's a cycle, it always happens, and we certainly can't avoid it, no matter how much you try to educate people, the reality is that it's going to happen, there will be money loss as well as gains, this is a constant in bullish cycles. But it doesn't just happen in the crypto environment, it also happens in the traditional market, like the stock market, for example.
The thing is that to investments like the stock market usually the process to enter is usually a bit more cumbersome, although nowadays there are more options than there were 15 or 20 years ago, however, the problem is still the same, the lack of education and the intention to get rich overnight.
That happens to some, it is true, some lucky ones may end up with millions in their accounts by a stroke of luck, but it will not be the norm. So don't fall into that trap, and just take care of your capital, don't invest more than you would be willing to lose, just like that.
💯⚜2️⃣0️⃣2️⃣4️⃣ This is a manual curation from the @tipu Curation Project.
Also your post was promoted on 🧵"X"🧵 by the account josluds
@tipu curate
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Greetings @josevas217, in these bull runs many projects are starting to be launched, you can already see the large number that have been launched in these days of launchpad, you have to investigate many of these projects to avoid being scammed, because greed and fomo sometimes takes over investors.
See you later, have a great week.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Your post has been rewarded by the Seven Team.
Support partner witnesses
We are the hope!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit