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Down Goes Crypto, and Down You Go Too
A world where fortunes are made and lost faster than a cheetah on a treadmill, and where the only thing more volatile than the prices are the people trying to explain what it actually is.
Yeah sure, many people made money in crypto. We all know the one dude who bought Bitcoin at $300 and in 2 years it was worth $30.000
Yes, crypto is the latest and greatest way to get rich quickly, assuming you don’t mind the occasional total financial meltdown, constant security breaches, and the looming threat of being abducted by aliens who want your Bitcoin.
But hey, who needs stability when you’ve got a virtual wallet full of magic internet money?
The bottom line is crypto for 99% of people is gambling. Period.
Most people don’t understand how cryptocurrencies work. They also don’t understand their potential uses, along with why their prices go the way they do.
In other words, for most people it’s an overhyped train they try to hop onto, with the hopes of getting rich overnight.
This is where many scammers also come into play by creating pump-and-dump coins to lure people…
