Hiding your money in a decentralized economy
Hello Hive
The earlier you get exposed and stay updated with the recent economic and financial knowledge the closer you become to financial freedom and liberty from economic slavery.
In crypto and a decentralized economics where you can hide your money in different coins given you control over your asset and investment, some are still finding it hard to take a small risk for a long term future gain.
The fiat system has failed in many especially in my country Nigerian where a thousand of the Nigerian naira is worthless and cannot give you the financial independence you desire, as the naira has greatly crashed against dollars in recent times such that we have no value for our money.
In order to gain some level of control the government banned financial institution from direct trading in cryptocurrencies with individual.
Nevertheless with all the risk involve with a market crash and the dips sours dozens of individual around here still find it easy to keep their money in different coins as this gives them the level of control over their asset as needed and for farming and long term future gains, cryptocurrency has the best platform to offer you such.
Earning income in fiat is like tasting a piece of a 3 step cake.
You only have an idea of what it taste like but never get a stomach full. A possible combination is channeling your fiat income into a decentralized economy hide and farm your an asset for a long term.
There is a whole lot to learn as a novice of this world wide acceptable financial and economic system(although not by all) and staying abreast concerning what, how and when to do things or make some decisions is very crucial.
I just thought about my friends whom am trying to enlighten cryptocurrency and this economic system, their reactions and response brought about this writeup.
In conclusion, there is no best time for an individual to join the train of a decentralized economic and crypto world, (a typical example was myself who bought her first coin at the heightest peak of a bull market (how would I have known) and the dip caused alot of instability, with funds now lock up for days months or even years to recover i still take the risk for a long term gain.) but information is the key and you have to stay abreast of this financial way of living.
