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Investing, for those new to the game, can be terrifying.
One of the major aspects that hold many people back from investing in cryptocurrency, or investing in general, is the fear of financial loss..
Losing money is a significant financial risk in investing, and in crypto investing this is no exception. While there is a chance that a cryptocurrency will ‘go to the moon’, there is also a chance that it will fail, and that users may lose a significant amount of money.
An investment in a new cryptocurrency, for example, will always hold risk. Mushe (XMU), for example, is a token still in its first stages of its presale, with individual tokens valued at just under $0.03. While all signs point to this cryptocurrencies success, without a history of proof, the idea of investing in an unreleased currency may be daunting.
And it isn’t only unreleased tokens that could be a risky investment.
Just look at the recent rapid decline of Terra (LUNA), for example- a once renowned cryptocurrency whose value dropped from $90 to just a fraction of a cent in a week. If a decline like this is possible, no wonder some may be hesitant to commit.
However, while there is a real chance that losses can be made, in crypto, there are solutions to help overcome this which are wholly unique to this form of investing.
While the fear of loss is certainly a big reason why some may be turned off from crypto, according to the upcoming crypto project Mushe (XMU), the reason for this fear can be explained through the general lack of understanding many have in regards to cryptocurrency, and that education is the solution.
According to their website, Mushe (XMU)
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