Cryptocurrency explained: What you need to know before buying

after seeing many crypto influencers flex their crypto profits on social media you are probably wondering.

What are these crypto currencies what's all the hype about, and how can I too make money from it ? whether you are interested in buying a crypto coin or just looking for a way to make more cash, you need to wacth this video before you lose all your life savings.

I started trading crypto since 2017 I like many Ifirmly beleived that this could save my faniancial future and finally set me free, but little did I know.

see the cryptocurrency market is much more complexe than it seems, at first glance we all think it's easy money we can look around social media see what people are buying and just do the same and by the end of the month we would have double or triplled our money, funny enough everyone new to crypto seems to have a beginners luck and manage to make profits the first time they get into it,

my first time like almost every beginner jumping on the crypto currency train I managed to double my 3k investement, thinking this is it, I finally found a way to get rich and I finally can say goodbye to financial problems and the stress that it brought to my life.

But little did I know I was just scratching the surface, see the cryptocurrency market is the wild west at first you get lurred in by making some profits and then they take everythig back from you, how ? why?

to answer this question we need to dive deep into what drives the price up, see in the world of trading crypto there aren't many regulations so anyone with big pockets aka millions or even billions can come slowly buy in into a coin then create a hype around that coin on social media to lure as many desperate investors to buy as possible to drive the price higher from the point he bought it in and then slowly start to sell his bags to fresh people coming into the market, we call this people the whales they are the guys driving the markets they are the guys making most of the money in the market of the small fishes that we call retail traders Aka you and me. and if you ve already invested in crypto before you probably fail for that scam as well.

now you are probably wondering this sounds so fishy, whales hunting for small fish that doesn't sound like something I want to participate in.

Althought this might sounds horrifying and explains a lot of pain that people are left feeling after each crypto bullmarket, there is oppurtunity in this mess.

see crypto might be confusing for new investors but it represent one of the biggest opportunities for average earners to get a chance to participate in a free market that could boost their finances to levels they were never possible before.

there is a reason behind the saying the rich get richer, in the stock market only a handful of select people can participate in buying shares of new upcoming companies they can buy them privately and to be selected you need to have a high yearly income to get to play at the big boys table.

Cryptocurrency is a free for all market anyone anywhere can come in with his 1000$ check and get 10 times that if not 100 times and that's what crypto brings to the table.

Ofcourse most of them will get eaten alive by whales before even having a chance to login into their accouts.

this leaves us ith one question.

How can you outplay these whales and get a piece of their cake?

see the world of ecomomie is driven by 2 things fear and greed, when people are fearful they tend to not buy things as much as they suppose to and this causes the economie to shrink and slow it's growth.

on the flip side when people are greedy they tend to spend more on things, buy luxuries, book those fancy hotel apartement by the beach and they also feel safer to invest, which improves the economie and speed up it's growth.

well these crypto whales they use the exact same strategie to manipulate the market and prey on the small fish to make profits.

this is all good but how can I profit as a small fish?

The answer is simple think like a whale as warrent buffet once said , buy when others are fearful and sell when others are greedy.

as of the time of making this video there is a lot of fear in the market no body is interested in cryptocurrencies anymore, and guess who is probably buying? yes the whales and guess when they will sell? yes that's right few years from now when you will see bitcoin again in the headlines making the news and people are jumping on the crypto train that's when the whales will start selling their bags to the new comers leaving them in huge losses again and again and cycle never stops.

If you understand this simple strategy you will be well in your way to compete with the whales if not becoming one yourself.

let me ad this, if you are watching this video right now you are probably too early and you have the best chances to succeed.

to answer the question which coins should I buy for those 100x profits, then make sure you subscirbe to this channel and be on the lookout for the next cryptocurrency video.

until then this the best time to research and learn as much as possible about crypto, you might be looking at the opportunity of your life time, don't fail you grandchildren.