Many people often do not trust the new, this is characteristic of all mankind. Each of us does not like to take risks, because in cave times it could cost a life. It is good that now we are no longer living in the Stone Age, so the possibility of passive income should not be associated with a risk to life.
Still, many people have a preconceived notion about investing in cryptocurrencies. This comes from the fact that many do not understand what kind of technology it is, it seems that all this is a soap bubble that is not supported by anything, which will burst sooner or later.
I decided to collect the most popular crypto-related misconceptions and find out if they are justified or not.
If anything, I am not the son of Satoshi and am not trying to praise cryptocurrencies and blockchain, as someone suggested in a previous article. By the way, it was dedicated to my story “The Story of Not a Hamster” and how I came to the world of cryptocurrencies, and I also told a little about my current portfolio.
Looking ahead, I’ll immediately say that you are here:
- You will not find a magic pill with which you will earn a million overnight
- You won’t see my photos on a Lamborghini / on a yacht / hugging a sheik I don’t know / Louis Vuitton bags / latest iPhone…okay. got it, keep going
- There will be no inviting you into the pyramids and network marketing … brrr
Bitcoin (sometimes referred to simply as cue ball or BTC), the first working example of blockchain technology, was invented as a response to the inefficiency of centralized banking institutions. Its launch in 2009, right after the financial crash of 2007-2008, is NOT a coincidence..
During the existence of bitcoin, a large number of misconceptions have appeared about it, which continue to spread among ordinary people. Now this leads to the fact that people begin to relate to crypto in a negative way, moreover, simply out of ignorance.