CRYPTOCURRENCY INVESTING 101
Hey there #MyFamily ,So you're thinking of investing in cryptocurrency? Well, first, let's get one thing straight - it's a wild ride! You could lose a lot of money, but you could also make a lot. It's like a rollercoaster, but instead of loops and corkscrews, it's got ups and downs in value.
HOW CRYPTOCURRENCY VALUE WORKS
Let me break it down for you. If you put in $100 and it drops to $10, you've lost 90% of your cash. Ouch! But, if it then goes back up to $200, you won't get your original $100 back. Instead, your $10 will grow to $200. Make sense?
FROM CRYPTOCURRENCY
Here's the thing - if you sold your coins at $10 and then bought them back at $200, you'd make a profit! It's like buying a house, fixing it up, and then selling it for a profit.
IMPORTANT REMINDERS
Just remember, investing in cryptocurrency is risky. Don't put in more money than you can afford to lose. Do your research, stay informed, and don't let your emotions get the best of you. And hey, if you're feeling nervous, consider spreading your money across different investments to minimize the risk.
ARE YOU READY?
That's it! Now you know the basics. It's time to decide - are you ready to join the cryptocurrency adventure?
DYOR / NFA
IF U GUYS HAVE ANY QUESTION CAN ASK IN COMMENTS, THANKS🙏
