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RE: Bee Token ... A Big Hype ... whereas they have stolen idea from Lockchain.co and claims it to be their own

in #scam7 years ago (edited)

yes crypto world is tough ... hard to grasp for a normal investor due to it being decentralized. The chances of small investor getting their investment burnt is very high as a result. Crypto world is full of tech bots trying to read market signal and thus triggering automatic buy/sell order based on market dynamics.

This also makes the entire space highly volatile, and one should not invest more than 10-20% of his total savings in crypto at least in my opinion, funds he/she will not be requiring for alteast a year.

Additionally, you are always in risk of losing funds as a result of hacked exchanges, which is becoming quite common, or end up losing your funds from private wallet being victimized of losing your private key to phishing sites.

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This is all true. With great risk comes great reward. However I believe it is the future.

indeed it solves issues that have caused with non-existent governments, communication barriers between countries, institutions down playing on customers, lack of transparency, legitimacy, etc. It certainly serves a purpose and this is something that should have been discovered much earlier. :P