The potential of high returns influences me in investing in cryptocurrency. Which further converted into spot trading. But let me share my 11 month experience as it's better to focus on writing. In trading you can't predict market. The particular crypto will show you it's movement from 100-120 let's suppose you purchase it at 110 and now after just few days it's new movement margin would be 80-90. And you wait and wait for months but it will not touch 100 so your money will be stuck there.
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What or who influences you to invest in crypto?
- Thread starter klassicdoll
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I am investing in crypto because I want to use it as a hedge against the inflationary trends in my country and the very unfavourable interplay between the Naira against the dollar which makes the Naira to keep losing value every blessed day.
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High risk, high reward.
Makes sense.
When I saw my younger cousin cashout big on crypto investments, I was certain that I would also invest in crypto to have good returns too. And so far, no regrets.
riberet19
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Nobody influenced me, I was the one who, looking for profits online and new ways to make money, came across crypto and started researching cryptocurrencies in 2019.
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I'm actually considering dropping my toe into crypto.
Never thought I'd ever say that.
Never thought I'd ever say that.
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For me l am still learning about the crypto currency as a whole. I would like to be full vast in the venture so that when l decide to venture into it l am not taken with surprises.
At first it was because I was starting to learn about forex and trading topics in general, I was fascinated by the option of making quick money with altcoins and after that I started studying the world of cryptos.
I myself was looking for a lot of ways to earn, and at that time I was already familiar with the stock market, and because I was looking for many such videos, I came across a video about cryptocurrency, and I clicked on that video and became interested, and after 2 months I invested the first money