When bitcoin the first and most popular cryptocurrency came into existence a few years ago, many did not pay attention to it until it starts to appreciate in the financial market. Now, the digital currency is worth more than forty thousand US dollars in the global market. This coin and several others have made a lot of individuals millionaires if not billionaires.



If you ask an average crypto trader about how money is been generated from this market, he/she will simply tell you we just buy and sell. According to research, more than 15% of investors in cryptocurrency have lost a large amount of their capital if not all to the financial market despite having basic knowledge.

For every market that deals with volatility, it is always advisable to gain basic and substantial knowledge about what it deals with while also using appropriate risk management when trading.



From personal experience, despite having previous knowledge about when to buy a coin or token, how to understand the market structure and the best time to sell, there are usually situations where the market will not follow these principles and will either appreciate or depreciate massively at it own will just like the recent plunge which happened a few days ago.

Although, some are of the idea that crypto has been appreciating for so long and the recent fall in market value is just another normal act which is always experience in any financial market but if it is not a Ponzi scheme don't you think it is supposed to respect some certain rules in the market?



There are allegations that before the recent complete ban of crypto-related activities in China, the world's richest man Elon Musk can influence the multitrillion-dollar market with just a single tweet or opinion and this has made a lot of economic experts and institutions recognize it as another Ponzi scheme.

People are of various perspectives either to invest in cryptocurrency or not but as previously explained in this article, do not jump into buying and selling of coin if you have little knowledge about it and only use a certain amount of money you won't feel dejected when it depreciates.

The Central Bank of Nigeria (CBN) and other central financial institutions around the world have continued to advise their citizens against dealing in cryptocurrency, this alone should be a red flag for any individual who has the intention to venture into it soon.

source: https://www.operanewsapp.com/ng/en/share/detail?news_id=7378f4ada1b1487f14f89619a5409a27&news_entry_id=s31979a49210520en_ng&open_type=tanscoded&request_id=aaeed7226cc7d440f8caefa0c0cb93684ea15900&from=publisher

Any investment that you can't hold any one responsible is a ponzie

Muslimsworldng:
When bitcoin the first and most popular cryptocurrency came into existence a few years ago, many did not pay attention to it until it starts to appreciate in the financial market. Now, the digital currency is worth more than forty thousand US dollars in the global market. This coin and several others have made a lot of individuals millionaires if not billionaires.



If you ask an average crypto trader about how money is been generated from this market, he/she will simply tell you we just buy and sell. According to research, more than 15% of investors in cryptocurrency have lost a large amount of their capital if not all to the financial market despite having basic knowledge.

For every market that deals with volatility, it is always advisable to gain basic and substantial knowledge about what it deals with while also using appropriate risk management when trading.



From personal experience, despite having previous knowledge about when to buy a coin or token, how to understand the market structure and the best time to sell, there are usually situations where the market will not follow these principles and will either appreciate or depreciate massively at it own will just like the recent plunge which happened a few days ago.

Although, some are of the idea that crypto has been appreciating for so long and the recent fall in market value is just another normal act which is always experience in any financial market but if it is not a Ponzi scheme don't you think it is supposed to respect some certain rules in the market?



There are allegations that before the recent complete ban of crypto-related activities in China, the world's richest man Elon Musk can influence the multitrillion-dollar market with just a single tweet or opinion and this has made a lot of economic experts and institutions recognize it as another Ponzi scheme.

People are of various perspectives either to invest in cryptocurrency or not but as previously explained in this article, do not jump into buying and selling of coin if you have little knowledge about it and only use a certain amount of money you won't feel dejected when it depreciates.

The Central Bank of Nigeria (CBN) and other central financial institutions around the world have continued to advise their citizens against dealing in cryptocurrency, this alone should be a red flag for any individual who has the intention to venture into it soon.

source: https://www.operanewsapp.com/ng/en/share/detail?news_id=7378f4ada1b1487f14f89619a5409a27&news_entry_id=s31979a49210520en_ng&open_type=tanscoded&request_id=aaeed7226cc7d440f8caefa0c0cb93684ea15900&from=publisher

Is land a ponzie scheme?


How do beaureu de change make their money? That is same way Crypto traders make money.

What is responsible for the shift in price of the capital market? The force of demand and supply.
That is how crypto rises and fall.

What is happening is the law of diminishing returns,it happens for price correctness.

The crypto market will rebound and stronger,this is not the first time.

A single statement of people of influence in any field can trigger a panic buy or sell, this isn't only applicable to crypto alone ,it is everything.

So people should stop all this unnecessary articles that are baseless about crypto crashing like a ponzie . Crypto has come to stay,and no force on Earth,not even government can eradicate this beautiful market

Why b say na those wey no get single crypto investment dey complain pass??