David Dozie

Crypto Millionaires In Nigeria - Unveiling Nigeria's Crypto Millionaires - Green Smoke Deal Unveiling the Wealth Titans: Dive into the Extraordinary World of Crypto Millionaires in Nigeria. In this article, we will explore the...

You can make a lot of free money participating in crypto airdrops.

Over the years, millions worldwide have earned thousands of dollars participating in crypto airdrops.

In the past, we witnessed airdrops like the ENS (Ethereum Name Service) and Uniswap Airdrop that changed the lives of millions worldwide.

The latest airdrop that paid out thousands of dollars to participants is the Arbitrum airdrop. This airdrop payout occurred just last month.


The most exciting thing about crypto airdrops is that you make this huge amount of $$ without spending a dime; all you have to do is perform simple tasks requested by the project owners.

Today you have the opportunity to participate in the Ethermail Airdrop.

Ethermail is a huge project, so dont sleep on this airdrop. This will earn you a lot of money during the launch.

Below, I will show you a step-by-step guide on how to participate in the ethermail Airdrop (I’ll be showing you a video tutorial too).

Ethermail Airdrop - Participate Now To Earn Free Dollars! - Green Smoke Deal Below, I will show you a step-by-step guide on how to participate in the ethermail Airdrop. Ethermail is a huge project, so dont sleep on it

Fundcx, Sycadar,
Fexbits are scam crypto investment platforms. RUN!!!

Please run away from businesses promising you ROI if you give them your money to trade fx or crypto.

The ROI they promise isn't feasible.

In the same way, cryptocurrency investment can make you filthy rich in a very short time, it can also send you to the village if you go about investing in it wrongly.

(THIS IS A LENGTHY POST BUT I ENCOURAGE YOU TO READ ON AS THIS INFORMATION CAN CHANGE YOUR FINANCIAL LIFE FOR THE BETTER)

The number of people who go bankrupt investing in cryptocurrencies is more than those who made wealth from it.

This is why the majority lose money investing in cryptocurrencies.

1. LACK OF SUBSTANTIAL KNOWLEDGE

2. BEING A BA.D INVESTOR

3. BUYING WITHOUT DOLLAR COST AVERAGING
.
.
.

1. LACK OF SUBSTANTIAL KNOWLEDGE

Most "cryptocurrency investors" know nothing about cryptocurrencies.

Now, this is a major issue.

How people end up throwing their money into a venture they know nothing about marvels me.

You hear the price of a coin is rapidly going up, and the next thing you do is to start asking up and down how can you buy this coin

Like, you want to throw your money into an asset solely because you hear the price is pumping???????

If this is not gambling, I don't know what else to call it and if you lose money engaging in this type of practice you should accept your loss with your full chest.

Let me educate you.

The crypto market is a very volatile one.

By saying it is volatile, I mean the price of cryptocurrencies in the crypto market goes up and down rapidly.

One reason why the crypto market is volatile is that the cryptocurrency/blockchain tech innovation is still new to the majority and garners the interest of a large number of people worldwide.

This interest drives rapid demand hence the market becomes volatile.

Another reason why the crypto market is volatile is that the market is still unregulated and there is a lack of policies put out to protect investors.

Unlike the stock market where you can hire full-service brokers to guide your investment decisions, the crypto market is an open one!!

Novices and Igno.ranuses have full access to trade in this market without having substantial policies put in place to protect them.

Now let us for a moment imagine an unregulated financial market like the crypto market where there is high demand for financial assets (cryptocurrencies) by a lesser number of experienced people and a larger number of inexperienced people.

What do you think will happen?

I'll tell you

a) Experienced investors will leverage on the larger number of inexperienced investors, take positions early and make stupendous amounts of money in a very short time.

b) Many sca.m cryptocurrencies and projects will spring out for the inexperienced and delusional to buy and lose money.

Now the latter is where the majority lose money. They are so many sca.m crypto projects out there.

These scam coins have no used cases at all and all they do is push a narrative that they are the next bitcoin or the next big crypto project that will change your life. Run from these coins.

2. BEING A BA.D INVESTOR

Now you have basic knowledge about cryptocurrencies and you have decided to invest.

Investing is good, but which one is: bros abeg show me coins wey go double my money in one month - two months... Lol

If you ask this type of question please stop it!

It is called investing, not money doubling.

Also, anybody that ends up naming a coin after you might have asked him/her this question should not be trusted. He/She is either wicke.d or knows absolutely nothing about crypto investment.

Investing generally, be it in real estate, stock, business etc is a long-term game. It's not to be done with a get-rich-quick mentality.

Your Parents did not buy land with the mentality that they will sell it in 2,3, or 6 months to make a huge profit.

I'm not ruling out the fact that one can buy an asset and sell it within this time frame for a huge profit, it happens but on rare occasions especially when it's a strategic buy and the demand for that asset is on the high side.

With that being said you'll agree with me that investing in cryptocurrencies with a get-quick-rich mindset is dangerous.

You should be willing to hold a coin for at least 3-4 years.

Please Note:

a) Investment should be done with spare/extra funds, not your next meal money or money you'll be needing anytime soon.

b) You have no business investing in cryptocurrencies if you don't have a business or job on the side that pays your bill. Believe me, you'll never have the patience for your investment to yield.

3. BUYING WITHOUT DOLLAR COST AVERAGING

Nobody times the market, nobody knows when the price of a cryptocurrency will go up or come down.

A good investor should be concerned by both the fundermmetals (I.e, the use cases and viability) of the cryptocurrency he/she is interested in and making sure he/she is buying right.

Let me say this before I proceed to educate you on how to buy a coin using dollar cost averaging (DCA).

Don't buy a coin when the price is going up rapidly. This is a very wrong time to buy, you'll get dumped on.

This is a time when holders of this coin are pushing the sell button, when you buy at this price, you are buying at a demand-influenced price, not the real price.

A crash in price is imminent in times like this so buying in moments like this is risky. Wait for the crash before you buy.

That being said, let us proceed to how to buy using the DCA strategy.

Dollar-cost averaging is defined as the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of a security.

I'll break it down for you.

Let's say you spot a good crypto project at a low price you'll love to invest in and you have spare 600 thousand Naira to invest with.

You don't throw in the whole 600k at a go. VERY WRONG!!.

Considering how volatile the crypto market can be, the right way to go is to divide that money into three.

I.e 600,000 ÷ 3 = 200,000

Buy that coin with 200,000 instead of 600,000 Naira

I'll explain why

Assuming you spot a good cryptocurrency that goes for 6 Naira per coin

Throwing your whole 600k capital into it will give you 100 thousand units of that coin.

Fine, the price can go up 7, 10, or 60 Naira from here but what if the price falls?

If the price falls after buying with all your 600k capital, you end up missing the opportunity to buy more at a discount price.

Now let's say you bought with 200k

200,000 ÷ 6 = 33,333 (You get 33,333 units of the coin)

If the prices go up from here it's fine, profit is profit.

If the price falls to let's say 3 naira, you still have 400k to buy at this price.

You buy at 3 naira with 200k

200,000 ÷ 3 = 66,666 (You get 66,666 units of the coin)

Now you have a total of 99,999 units of the coin with 200k capital left.

If the price falls further, you can buy with the 200k left and get more than the 100 thousand units you would have got if you bought with 600k at a go.

Now you see

Buying using DCA puts you at an advantage, it helps you accumulate more coins when the price dips.

=============================================

Congratulations if you've read up to this point!

The information you've assimilated here is enough to shape your mindset positively in the area of crypto investment and also change your life financially.

You are free to reach me through WhatsApp if you need help buying a viable cryptocurrency. I'll always be glad to assist you.

I love you. Good luck.

David Dozie.

Bitcoin to hit 500 thousand US Dollars by 2025.

Robert Kiyosaki

Hit me up on WhatsApp to buy BITCOIN, USDT AND BUSD

David Dozie Hi, I'm here to teach you the right ways to INVEST in viable cryptocurrencies.

ALWAYS DO YOUR FUNDERMENTAL ANALYSIS BEFORE PUTTING MONEY INTO ANY COIN