Crypto currency

in #cryptos7 years ago

With great risk comes great reward. Cryptos broken on the scene back in 2008 roughly. This was do to the financial meltdown of the banks. Multiple reasons caused this to happen. The end result was there was bailouts by the federal government. What did this accomplish? It devalued our currency. People are tired of the devaluation of currency with the raising inflation. This causes a person to work harder for less. Crypto currency is the future. However, not really as a currency. It appears to me that it is turning out to be a way for venture capitalists to invest in the tech industry. So how do we limit our risk? Let’s explore the spectrum. On one end is gambling and the other investments like long term bonds. Lottery ticks and slot machines are straight up gambling. However, a professional poker play is limiting his risk. He knows his math, what cards are played, possible hands, how to read the other players. Risk is still there but not as much as a common person that just sat down at the table. To eliminate the risk of crypto, one should put money in around 10 different altcoins that are under $1. One of the ten is bounded to go up. One should read the white paper and study up on the project. There is risk but there is also reward.

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