Our economy of today have seen the fast growth of crypto existence which have drag the attention of so many people to get involve in it. This involvement of most people going into crypto is just for one main purpose and that is to have another means of financial support. However, this financial support is different because you have to invest in it to have profit which also is vice versa.
The existence of crypto have really helped a lot of people financially in the sense that some people even quit their job to get involve in crypto investment full time. However, the mindset of we humans is totally different because not everyone will still buy the idea of going into crypto as such people who don't want to get involve sees it as a scam or fraudulent scheme.
Looking at the reason why most people get involve in crypto today is due to the lack of financial income and since the economy is not encouraging in providing jobs, people have to look for other means in other to survive and with the existence of crypto they see it as a way to survive as this is also a means to depend financially.
However, is crypto involvement really changing matters?
Since the existence of crypto, there is no doubt that the market price have been unstable which at some point is really making people lose patience. Though, this particular people are those who are eager to earn quickly from the involvement which as we know doesn't work that way.
The mindset crypto investors showcase in crypto investment is totally different especially when it have to deal with people who are doing well financially. This kind of people invest for the future, in the sense that they are not eager in withdrawing their investment when they notice the rise and fall of the market.
But for those who just get involve in the crypto space for financial support have a doubting mind most times which involve the mindset of them not trusting the market likewise also they might lose their money if the market is down. No one however, is forced to be involve in crypto as this is a personal choice to decide on.
Is crypto really helping in eradicating poverty then?
Crypto existence only serves as another means to earn financially which is not guaranteed because the market can't be predictable but then it is advisable to have another job or financial means incase the crypto market doesn't look friendly.
Crypto have change lives of people positively likewise have it also ruin so many people as well which means the involvement in getting into crypto risky but if. Your not scared in getting involve then you can invest.
Crypto existence have also made a lot of scammers to also get involve in the scheme as this requires everyone in the crypto space to be careful as this scammers can ruin your investment within seconds. It is not a guarantee that crypto will eradicate poverty but it have helped people in having a means to survive which is why people still get involve on a daily basis.
New coins are been generated that people invest in on a daily basis which is a 50-50 chance whether it will be profitable or not but the only advice is to invest wisely to avoid regret. Not every country have accepted crypto, but then a lot of people have get involve in it, which is to say that it involvement have made a positive change but that is not a guarantee that it will eradicate poverty.