Posts

The view of Cryptocurrency in Africa ; A promising Redirection

avatar of @mrhive001
25
@mrhive001
·
·
0 views
·
2 min read

source

Cryptocurrency being one of the most valuable digital assets has been in existence for years and in all of its existence to some places and regions having getting the full pass mark or recognition as it is with other countries.

Cryptocurrency has been making waves before now most especially to countries that accepted it right before now,it has changed alot of people's narratives of financial Stamina and weight of wallet most especially to those that was patient enough to learn and understand what cryptocurrency really meant. To those people they are having much credit and the looses seen are as minimal compaired to those that didn't learn it more.

But in Africa, cryptocurrency has a different name and meaning altogether. To worsen it all is that it is taken to be a medium of scam and as such anyone seen with it is automatically called a scammer. To worsen it all,an embargo it's been placed on it and as such is been banned in some countries.

But Is Cryptocurrency a Scam;

I write not to change ones complete narrative of what cryptocurrency is completely,but I write to prove unwavering reasons why crypto is not a scam and such it's left for the believer to take it in or not.

Cryptocurrency is not a scam because right from the start,it's foundation is not fabricated on disbelief or error, what one slots in is directly proportional to what is out. This is true in the sense that there aren't a complete promise of the returns of one should invest, but what is seen is just a replica of what is done on a day to day business.

Cryptocurrency is not a hit and run scheme in that one never can tell of much surety that a coin is gonna rise up to 100 percent gain tomorrow. Though there are predictions to this that out of 1 million prediction of a coin,2 might be correct, but how do one know the two that will be correct. So inadvertently, crypto teaches it's users to be patient enough.

How to Help out on the Disbelief on cryptocurrency in Africa;

A work out to clear the disbelief and embargo placed on cryptocurrency in the minds of Africans. As a wise saying that to before war is to before arms,then the teaching of what cryptocurrency is all about should be learnt right from tender, by so doing the enlightenment comes .

Master the act first before going to trading. This has been the most issues gotten in that most of the crypto users aren't trained marketers. The act of being and selling of the right and promising tokens is not mastered and as such looses counted. From this lose this trader has, he circulates the information and weak minds buy into such and from there,the legacy of what cryptocurrency is then depreciates drastically in the young's mind.

Train of mind to be patient enough. This has been the more reason for many loses gotten . If only one can have patience and foresight then is victory sure .

Posted Using LeoFinance Beta