The First Step Is To Research .:. The Second Step Is Investing

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    ph1102

    Published on Dec 07, 2020
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    The last couple of days were just crazy, and the days before weren't better... I'm in the middle of my off-chain stuff, and there are more than ever happenings on the Hive, and especially in the Layer 2 tokens world... A week ago we had the launch of the INDEX tokens, and I think today was the launch of the LBI token... If, I'm right.. Sorry if I have missed days, as I'm a bit lost today...

    I was following development, and the launch of the INDEX token, as I'm following the CTP Swarm stuff, and Jon and Blain have done a good job with the token introduction, and launch in general... I have to admit that I didn't understand how it works from the first look, but after watching the webinar and later, the introduction post, I think that I figured out how it works...

    As I said, the idea is great, and the point of the token is slow and steady earnings by raising the value of the token and receiving dividends from staked tokens and miners... To protect big peaks, the team has implemented the idea of releasing tokens in "smaller" chunks, which was also a good idea...

    But, all that isn't the point of this post, as I have picked this specific coin just because I had a close look at it, and observed the first buys and sells... The point is that a lot of people didn't understand how it works, and what it is about... How will they earn, and what can they expect... But, regardless of all that, they just rushed to buy, and complain after how they don't like how it works?!

    As I said, it's not the problem with this token, as they will probably earn in either case as literally, you just have to wait for the right price, and if you want, you can sell it...

    The problem is some NEXT token... Which will not be created by honest people, which will be "the wrong one", and the same people will rush into it again, and lose money... I know that the saying DO YOUR OWN RESEARCH is said a million times, but it looks that it has to be said another million times...

    The main rule was always been and will always be, do not invest in something that you don't understand! You are not dumb, and you CAN understand how something works... Just investigate, read, ask... and then invest...

    Thank you for your valuable time,

    ~ph~


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    Growing Up by Scott Buckley https://soundcloud.com/scottbuckley
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