People have their different reasons and take on why they intend to invest in cryptocurrency. A lot of people with their variety of reasons ranging from intention to have an online investment or maybe intention to invest in cryptocurrency for the future to maybe there is dip in cryptocurrency market;value of cryptocurrency dropping to the red zone. Moreso, some people also invest in cryptocurrency because they see their friends doing it so they should invest too in other not to be left out. A lot of reasons which one can't talk about.
What are unforseen contingencies?
Simply put,these are the financially attached situations that arise which you don't plan for. Issues that come up unexpectedly that need to be solved financially. For example,if your car just developed fault unexpectedly and you can't do without the car. You just have to raise fund to fix it. That's an unforseen contingence.
Can your cryptocurrency investment solve your unforseen contingencies?
Well,I wouldn't say no that cryptocurrency can't meet your unforseen circumstances but if one is lucky enough it can but on rare occasion. Thinking of cryptocurrency Investment meeting or to solve our unforseen contingencies should be the last option we should ever think of. Cryptocurrency Investment knows no bounds,no one is sure when it's going to rebounds since certainly most people invest in cryptocurrency during the bear market. It can only meet your unforseen contingencies if you don't care about "FOMO" during the dip or maybe you are ready to make some losses because you might even buy the dip and next thing the dip goes dipper. Finally,it's paramount to note that your cryptocurrency investment should meets or solves your unforseen contingencies but if you can hodl and the value rebounds it will surely worth he wait and most of your plan with be well executed.
