Who Should NOT Invest in Crypto? 📉
Crypto can be exciting, but it’s not for everyone. Here’s a quick guide on who should steer clear, with examples:
1️⃣ Those Seeking Quick Riches: Expecting instant profits, like turning $100 into $10,000 overnight, is unrealistic. Crypto is volatile—prices can crash as fast as they rise (e.g., Bitcoin’s 20% drop in a day in 2021).
2️⃣ Risk-Averse Individuals: If losing 50% of your investment (like during the 2022 market crash) would keep you up at night, stick to safer options like fixed deposits.
3️⃣ Lack of Research: Without understanding blockchain or projects (e.g., buying a token just because it’s trending), you’re gambling, not investing.
4️⃣ Financially Unstable: If you’re investing rent money or loans, stop! Crypto’s risks (e.g., Luna’s collapse) can wipe out savings.
💡 Invest only what you can afford to lose and research thoroughly. Stay smart, stay safe!
