Assalam-o-Alaikum !السلام عليكم
Before seven years today when I used to talk about cryptocurrency with my friends, most of the friends used to say what is this crypto and bitcoin is a fraud and it has no future. But today everyone is talking about cryptocurrency and different peoject is being discussed.
As recently as five to seven months ago when the price of bitcoin was around $25k and below, I saw thousands of comments and videos on youtube and twitter showing bitcoin future value will be zero value and thus many new people who invested little. Wanted to invest in bitcoin or crypto at the time of this dump, because of these rumors, they started fearing to buy bitcoin, but today bitcoin is breaking its all time high price.
One more thing is known about meme coin that meme coin can make you a millionaire and in this way you can make a million to zero but all those rumors that were going to bring crypto and bitcoin to zero value are all lies. It has been proven and today cryptocurrency stands at its peak.
My point of all this is that if you want to achieve success, then you should go into this field with all your heart and don't listen to false rumors at all.
The cryptocurrency market is currently going through the initial stages because after the approval of BitcoinETF, cryptocurrency is now emerging with a valid market in the world and the investment that came in gold in ten years has now come in Bitcoin.
Now there should be no doubt that the crypto market will be the future of money one day, but understand that today the world has become dependent on computers and subject to AI and in the coming era only cryptocurrency will be more viable in the global market than fiat currency.
so I would suggest that you start investing a small part of your income in crypto from today so that after some time you will have a reasonable capital in this crypto market.
But thousands of coins are currently being traded in the crypto market and every coin or token or project is not reliable, before investing in any project, make sure to research the team and usage of the project and the community of this project is as strong and The stronger the project, the better.
But sometimes fake community is also used to promote a project, so always be patient and invest your precious investment in the project only after thorough research. My personal experience is that sometimes when we see a lot of publicity of a project on social media, we trust such a project, but sometimes we are deceived by fake scam projects.
Two years ago, I invested six hundred dollars in a gaming project whose coin was YOOSHI, but that project was a scam and my investment went zero because the team that developed this project aimed to deceive the public and investors. And they cheated so it was not a project but a project in which I invested my precious capital without thinking and I lost thousands of dollars.
I have learned from this experience that whenever we invest in crypto or any project, we should not act in haste at first but invest in it after sufficient research.
There are a few points we must carefully observe and research about any project. First of all we should see the life of the project since when and how it is working. Secondly, the reputation of the project team and the people involved in the team should be seen. The third thing is to see the use of this project and the involved partners and the reputation of the partners. Check out these few must-sees. i shared all this information with my own experience, and if you want to invest in crypto then always try to get every information about project, thank you so much for reading my this post.
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