#Bitcoin I will explain why people lose their capital:
Most of them lose their capital at most because they do not investigate well. They only see a post where a person tells you: x cryptocurrencies go up soon, buy and collect profits. Guess what happens?
The person loses money while the person who creates the post does not invest, he just creates a post and that's it.
They do not check the graph of the assets to buy at least to see the movement and what prices the cryptocurrency has remained at.
Do not verify what the project is anchored to, all the cryptocurrencies on Binance have a link to their main pages where we can verify what the asset is backed by.
buy cryptocurrencies only because they are fashionable, I give you an example: (Pepe) I myself have worked with Pepe in the past and I made profits from it. Currently I do not work with it since it has risen in price and when it collapses I do not want to be there is.
Do not buy cryptocurrencies with financial backing, these are the MEME cryptocurrencies like the one mentioned above. If you look at its graph and go to the information tab, you will see the link to the official page of the cryptocurrency and if you check carefully it will tell you that it is It doesn't have any financial backing, it's just a meme, I don't think it's very smart to invest long term in something like that since the only thing that keeps it afloat is the current market, meaning investors will get bored when a new one arrives and stop buying. and we already know what will happen.
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