$FIL
Teacher, let's talk a bit about this FIL currency in simple terms. This currency is linked to a large project called Filecoin, and this project aims to create a decentralized file storage system on the internet. This means that instead of your files being stored on the servers of large companies, they can be stored by ordinary people who have free storage space on their devices.
Their idea is honestly nice because it gives users more control over their files and reduces reliance on these giant companies. It can also be cheaper in the long run.
The FIL currency is the currency used in this system so that people who rent their storage space can receive compensation, and people who store their files can pay with it.
Of course, like any other cryptocurrency, the price of FIL fluctuates a lot, and there can be profit or loss. Some people believe that the Filecoin project has a great future because the idea of decentralized storage is important and many people might need it. Others are still not sure about the long-term success of the project.
If you're thinking of investing in FIL, you need to understand well how the Filecoin project works and what its advantages and disadvantages are. And don’t forget that the cryptocurrency market has risks, and you could lose part or all of your money. So always invest with money you can afford to lose and that won’t affect your life if you lose it.
The important thing is to do your research well and ask and understand before you put in a single penny. May God help you in your choices.