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Proof of Value

#cryptocurrency #research #bitcoin #future #investment #tezos
To invest or not to invest

To invest or not to invest

A short blog post about the potential pros and cons of cryptocurrency. 

More specifically, how to earn and stake cryptos.

The same rules still apply in that there are no rules.

Always do your own research and only invest true disposable income. A $5 investment could become zero or $100,000 - stranger things have happened. There is often the knee jerk reaction to sudden market conditions or news revolving around cryptocurrency. It's always worth triangulating your hypothesis about what's truly happening in the market by checking multiple sources for information and not baulking in a making a decision if your gut tells you something is wrong or right - we all remember December 2018/January 2019.

Looking at the current state of things, cryptos offering staking rewards such as Tezoz on Coinbase are an intriguing proposition as are those with relative low per coin cost such as Stellar Lumen (XLM) at $0.097 but with a serious market cap (do your research) and usage white paper.

You could invest $20 in either of the aforementioned cryptocurrencies, leave your account untouched for 1 year and return to find the value of said investment at $0, the same, or $100,000. Therein lies the beauty of life. Have a plan, stick to it (or not with concrete new information), always do your own research and trust your gut and brain. Love & Serenity.

#cryptocurrency #research #bitcoin #future #investment #tezos #coinbase #stellarlumen #ethereum

 

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Author: zdark
Published on: 09/10/2020 12:50 (edited on: 23/10/2020 17:36)

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