Invest to Gain But Do It Wisely
Investing in cryptocurrency is always associated with risk, but if you’ve decided to do it, you have to do it safely and think twice.
The market is not the only thing that may cause problems. It’s the technology that enables crypto that is really complicated. And if you aren’t careful enough, you might easily find yourself investing in a scam and lose your money pretty quickly. Every new project shouts out about a unique and once-in-a-lifetime opportunity to invest and get x1,000 or x10,000. Sounds exciting and counting your approximate profit of hundreds of thousands of dollars is so luring and fascinating.
A growing number of scammers are taking advantage of the cryptocurrency craze to lure unsuspecting investors into phony investment schemes, says the FTC’s Consumer Sentinel. Around 7,000 individuals have reported losing over $80 million to these scams since October 2020, an all-time high. Sounds crazy, right?
But when people look for crypto projects to invest in, they usually rely on someone else’s opinions and recommendations. Bloggers mostly, or current market trends which change every hour or so.
However, how can you know about all projects that are being launched now and going through ICO or IDO? How can you get to know more about them, their purposes, and the people who stand behind them? Is it reasonable to make a decision to invest only based on some infographics published on one landing page and reading the sweet promises on Twitter and Telegram?
It’s no secret much more ordinary people get interested in crypto investment and try out this type of getting profit by investing in new projects, holding tokens, and selling them overtime when their price has increased dramatically. This is a new epoch we’re living in – the time when everyone can easily become a millionaire just by getting some research, analyzing, and making the right decision. Nothing ventured, nothing gained.
If you want to invest but don’t have the knowledge, you’ll be gambling. This involves very high risks.
We’ve come to a rational conclusion that people MUST know what project they’re going to invest in. You’ll need to dig loads of information on every new and upcoming project but it is near to impossible, because there are lots of them, and they go on appearing every other day. It’s so easy to get your head spin and mind overflown with tons of numbers and data.
This is why we’ve created this format for you, crypto enthusiast and investor. Blocksays is a new decentralized platform that has comprised and united the newest and most progressive information on all the new projects and cryptocurrencies behind them.
In the unique video presentation format, developers talk about their projects answering any possible questions users and potential investors may have. Look through these projects, sort them, add those you’ve found interesting to the watch list, and invest in the one you think will be the most successful in the coming months.