Crypto currency is the word that you hear, read or see thousand times a day. You wonder what is it that is always in my news feed? You get curious and begin researching about it. Then you enter in dungeon of crypto currency where almost every data is kept hidden from you. As an investor, you only get to see what your crypto value is, what is it trading at. You are kept in dark abyss even when you have invested in it and gave creator your money. Your money is important, and you must not get scammed by such schemes. This is why this article you will find really helpful.
Before going forward in this article what we want to make sure is we know what terms we are talking in. For anyone who is new in financial journey, what it means by currency, here’s what you have to know: A currency is made to be able to transact between two parties doing business in same exchangeable thing.
Crypto currency
Crypto currency is the word that by now you have heard it hundred times a day, read about it hundred times a day. It is all over the place, in your news feed, your social media pages, google, YouTube, anywhere you can imagine. First crypto currency ever created was bitcoin in late 2000s by Satoshi Nakamoto along with his fellow coworkers. There is lot to know about it in full guide and its free: Exposing truth about crypto currencies For summery, his coworkers left project because project bitcoin was changing track and becoming something different than what they were promised. Spoiler alert: it was becoming what it is now, today.
Bitcoin was first crypto currency, so it holds majority of market share of crypto currency. And after that, all the crypto currencies ever created followed same business model as of bitcoin. If bitcoin is doing something, so all the other crypto currencies. This means that if bitcoin is scam so all the other ones.
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Investing in crypto currency
Investment has a definition as “Sacrificing something (here in our case money) value in present moment with the expectation of making again in future.” But bitcoin was never meant to be an investment.
Core reason for creating bitcoin was to give de centralized currency. It was never meant to be investment. Now bitcoin has pivoted so all the other crypto currencies. The creator of bitcoin, Satoshi Nakamoto is an anonymous man. He has never showed himself up, never made any clarification on bitcoin pivoting, never disclosed how much bitcoin he is holding, never gave justification is how or not bitcoin price will keep rising, if yes, how and on what basis. Because you just can’t raise price of something out of thin air, there has to be something backing it up, a backbone. If there are limited number of bitcoins as of 21 million. Imagine in future, all those 21 million bitcoins got acquired by people and what happens after that, no clarification on that.
It’s because bitcoin was set to be currency, not investment. If people only kept trading bitcoin, then they will never run out of those 21 million bitcoins as flow will fill the market. He kept it limited so that price of bitcoin cannot be changed or varied based on outer circumstances as Satoshi creating more bitcoin. But it is not case now because bitcoin is not a currency anymore, it’s an investment but a fake one. More to know in this guide: Exposing truth about crypto currencies
Crypto currencies are mostly promoted by rich
But what made bitcoin an investment? In the beginning, price of bitcoin was near zero. Rich people have enough money to invest in and losing that much money, even millions won’t even affect their portfolio or change their bank account number. But who loses money in that pump scheme, normal people like you and me. Rich people love to make money in short term. So, they find something that is at its beginning stage, invest in it, pump it up and exit and make a great profit. This is why most rich people were found losing money in FTX scam as they thought they would make great money in short term. More of that scam is given in this guide: Exposing truth about crypto currencies
Warren Buffet and Charlie Munger on crypto currency
You will even find that how not only rich, but others are promoting crypto currencies and making their way into your news feed or social media pages. Warren Buffet and his company, Berkshire Hathaway, holds billions of dollars in cash to invest in businesses to be able get great returns. Warren Buffet till this day hasn’t invested in any of the crypto currencies. Charlie Munger and Warren Buffet were always against crypto currency because they already knew it was scam.
Much more in this guide
There is lot more to read in this guide. There are deep truths yet undiscovered by most of world about crypto currencies as how they have become a scam, and it is happening right in front of us. If it is scam, then why don’t government act on it? This question is even answered in the guide. How they have became a scam. If Satoshi Nakamoto wants to correct it right now, then what would it cost? And what if he doesn’t pivot and let things be like they are, then what would happen? Why is Warren Buffet so in touch with crypto currency? And much more questions worth considering when you talk, see or invest in crypto currencies. Click Here.
Spoiler alert: In the guide, you will discover that is going to change your world and perception of crypto currency forever. It is something that you have never heard from anyone, especially from those gurus who say they are experts in this sector and teach you how to make money. We have spent 50 hours on developing this guide just for you to read it and beware of upcoming future. If you are already informed about future, then you know what are right steps for you to take.
Summery
In easier words, everyone should keep any currency as a currency it doesn’t matter if it has new and different digital technology like crypto currency or old paper money. A currency is made to be able to transact between two parties doing business in same exchangeable thing, it can never be an investment. And when you treat it as an investment, you see it begin to collapse like fall of big empire build by greedy and corrupted people for their benefit. Click here for guide for free.
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