Cryptocurrency remains a mystery to most people I know. What about you? I often get the feeling that even the so-called experts don’t fully grasp its intricacies. So, I decided to dig deeper to uncover what all the hubbub is about. I wanted to know more because it seemed to me that the whole story wasn’t being told. If I was going to sell the idea of MMAP Crypto to the masses, I needed to understand it far better. So, I delved even further—and to my surprise, cryptocurrency isn’t as complicated as you’d think.
The Crypto Billionaires
We’ve all heard the stories of someone making billions from Bitcoin. Well, “that guy” is actually a group of people. At the top of the crypto billionaires list are names like Nakamoto, Chris Larsen, Joseph Lubin, Changpeng Zhao (or “CZ”), and many others. The list of individuals who have made millions and billions from cryptocurrency is long, but I noticed something—a detail that would prove very important. I’ll reveal it later in this article.
Frankly, these names of top cryptocurrency investors meant very little to me when I first started my research. I had never heard of these individuals, and they certainly didn’t know about me. So why are they relevant to the story? These pioneers of digital currency recognized a need in the currency market—something new, fresh, and different—and seized the opportunity.
The Crypto Losers
Now that we’ve discussed the winners, what about the losers? How many people have actually lost money in the digital currency world? Let’s just say—a lot! A whole lot! According to Credit Karma, Americans lost $1.7 billion in 2018 and had unrealized losses of more than $5 billion. But why? Why do so many people lose massive amounts of money in the digital currency market?
To understand the winners, we must analyze the losers’ positions. I had to look beyond common reasons for failure, like greed, impatience, or lack of product knowledge. While those factors often lead to less wealth rather than more, in some cases, greed can result in significant gains for certain individuals—but I digress.
A Fundamental Truth About Losing in Crypto
The real reason many people lose money trading digital currency is simple: they trade themselves. They trade their emotions, their time, their money—and they do it alone. Without a disconnect from the emotional highs and lows of winning and losing, bad decisions are made.
Remember earlier when I mentioned noticing something important about crypto winners? Well, here it is
The big winners of cryptocurrency trading invested large sums of money.
by: Michaelson Williams
The MichaelsonEffect
Read More : https://www.publish0x.com/mmapsuccess/cryptocurrency-the-way-i-see-it-xvnexx
