Have you ever seen or observed a well trained security personnel? Or maybe a gangster in the streets?. His eyes are always on the ins and out. In short, when going for military combat, this remains TOP priority; we attack from here and we exit from here. Yes, because entry point doesn't literally secure exit point. What if, just what if?
This is not something to be taken for granted. I know at some point, the idea could be, just start. The Journey of a thousand miles starts with one single step. There is no doubting your assumptions, in short, there are times when trying to gather so much information can end up discouraging you. So what are my views here, there are two things about every journey; starting and finishing.
We can attribute this to several other things; up and down, open and close, first and last, enter and exit. I would like to look more on the ‘enter and exit’ points as an important behavior an individual should possess. Have you ever walked into an inconvenient or dangerous area? Maybe a place of high electrical hazard.
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We most times ignore these things, you see a caution sign marking ‘highly inflammable’ and you are not bothered to know both doors. I could remember while working on an eatery, the production floor had an emergency exit point. Did I care to know, it took a while and my knowledge in the end was by chance and not by determination.
This is why many get defrauded in the online space. Their focus is always on the entry and they care less about exit. In the business of finance and investment, exit point is far more vital that its entry No matter how much you make or you assume is a profit on screen without withdrawal and conversions when necessary they remain just screen figures.
I could remember late last year when a friend tried introducing me to a market signal giving platform that allowed in-platform investment. He invested a reasonable sum into it. In short, he paired up with someone to meet. Was the idea bad, working as a team is well encouraged. The flaws here was that his research was half done. It was something I asked him when he was convincing me on how genuine the site is and how much profit already is on his account at a compounding ratio.
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How do you withdraw? That was my simple and precise question. He made it look precise but it was rough. Having to pass through third parties like site owners approval was a Red flag since a direct withdrawal to crypto wallet wasn't available.
It means he wasn't actually the owner of those figures. How did it end? I didn't even need to follow up on that because after some weeks I never saw him pressing the phone for signals nor was he talking about his current fat portfolio; case closed.
In the online space, there are no easy meals, it is risk ALL the way. So when investing your money or your time, the most important pointer is the exit door. For instance m, here in Hive, you can grow your passive income by participating regularly in ecosystem activities like writing, reading and curating. Or you can take advantage of stakes. It doesn't stop there, many are not leaving their assets here because of all this but rather, it has a sure exit door. You could pull out when needed and very independently; that's good business.
How many sites have shut down and gone away with users' funds? Numerous of them and in the end, the people to be blamed most are actually the users; they never cared about the entire procedures.
To conclude, let me add, beyond just financials and investing, watching for exits ahead of time is a sound approach. This is why sometimes when chaos happens in a place, selected few escape unarmed, it is their ability to detect danger evasion points ahead of time.
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