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22 Reasons Why You Are Losing Money Trading Cryptocurrency

And tips to help you turn a profit

Gal Mux
17 min readNov 5, 2021
Photo by Maxim Hopman on Unsplash

The cryptoverse! Am I right?

They say that crypto is the currency of the future, and I am for it. Some call it a scam. But that could be simply because they cannot understand it or because they have not been successful at hodling or trading in it.

You can never fight technology. You can be skeptical about it and even achieve some success at spreading this skepticism but you can never truly fight good technology.

Innovation has always been a core part of human civilisation. From using stone tools, through the iron age to large-scale manufacturing, humans have always strived to not only improve their systems but to achieve maximum efficiency in all their aspects. The money sector is not an exception.

From barter trade to using salt, cowrie shells, gold coins, etc as acceptable mediums of exchange, cryptocurrencies, and all their elements are an improvement of the fiat monetary system that came after all its predecessors.

It is the mass participation and adoption of these technologies that lead to them gaining traction and legitimacy in societies. For this reason, the mass adoption of cryptocurrency is one core factor that will lead to it gaining its place in our…

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Gal Mux
Gal Mux

Written by Gal Mux

Lover of all things reading, writing, farms & gardens, 🥭&🍍salsas, laughter, crypto, MJ & Beyoncé. https://www.buymeacoffee.com/GalMux

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