Things you can do to stay afloat when it comes to cryptocurrency

in LeoFinance2 years ago

The competition with life has been something else not to talk about crypocurrency in particular. One thing that we should knows right from today is that for any business we are running to scale we should knows that staying relevant and afloat is something that we should treat more better and important. If you fail to get this done you will be ashamed of the consequences and outcome that might hit you along the line. We all knows that when it comes to cryptocurrency the competition and different things rolling up day and night needs to be catch up with but by so doing you have to stick to a system that is paying you in all manners too. Jumping from one system to the other will not help your cryptocurrency journey at all. I have seen and heard of how some made it jumping around but majority of those who tries to embark on such route have said that it wasn't a good experience at all.

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The important thing in everything that you are doing is simply to make ends meet by staying afloat. We all have seen how cryptocurrency have improved ever since it was created in the year 2008 till date by the great Nakamoto Satoshi. The changes is massive, it has grown from being just a Peer to Peer system to trading. Right now it has grown into a more cumbersome system. We now have trading, airdropping, marketing, Decentralised system, centralised system, different blockchain
i.e form a single blockchain to host of many blockchain. We all knows that this can't be the end of cryptocurrency, they are still more system that will keeps rolling up day in day out. This has stand out to be the beautiful things surrounding cryptocurrency. It is simply it beauty and the more reason why people have been embracing and keying into the different blockchain that we have.

Since we all knows that when it comes to business and cryptocurrency in particular there is every need to stay afloat, people have been making sure that they holds down to whatsoever thing that will help them achieve such aim. Nonetheless, Why trying to stay afloat you should endeavour to put in all useful measures that will not allows you to fall into the hands of scammer out there. You should knows that your safety should be placed first. You can't loose money why trying to make money. This should never happened as it is never a good thing. I have heard stories of how people lost their little fund simply because they keeps jumping and connecting their cryptocurrency wallet to any platform they sees. They don't consider the effect it will have on them at all. They are just after making the money.

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Things you can do to stay afloat when it comes to cryptocurrency

The things to do to stay afloat when it comes to cryptocurrency is simply considering the below mentioned things, they include:

  • Safety: When it comes to cryptocurrency, if you knows that your investment is vital to you, you should make sure that you deploy all avenue that will ensure that your cryptocurrency tokens are safe. You should be safety conscious all the time, you should make sure that you trust any project you are dealing with before connecting to it. We have so many fake project out there, safety conscious should be your watch word. I have seen people's investment moving from $1500000 to $0 simply through their wallet getting hack or through the project they invested in getting hacked.

  • Investment Choice: Because you sees people rushing into making investment choice doesn't mean you should do same without not researching. If you fail to plan you will plan to fail. Always remember such parable. Your investment choice matters a lot when it comes to crypocurrency. If you fail to capitalise on this you might get hit badly along the line. It won't be wise buying into a coin at the top, the bottom is preferable. This is what we called investment choice.

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  • Key into system that works for you: This is already self explanatory. Always make sure that it is system that you understand properly and another thing is to make sure that it is one system that is already working for you or that will works for you before investing into it.

  • Team: No matter what you do when it comes to cryptocurrency you should be able to build a team. If you have friends with same positive mentality, zeal and push in the cryptocurrency space/ecosystem you will sees your self doing well when it comes to crypocurrency.

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Hello @tfame3865

Thanks for sharing these tips, we should certainly be security conscious all the time, you should make sure to trust any project you are dealing with before connecting to it., this applies to our willingness to stay and trust this wonderful blockchain.

Best regards, be well.