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Crypto trading is seen to be one of the riskiest forms of investment on the planet. What makes it risky is that you're putting your money into something you're 50 percent sure it'll workout well for you. 50 percent is not a confident level of certainty. It's basically close to gambling. The uncertainty is because of its volatility and this is no new concept to anyone that's in crypto for even a day.
Besides the volatility, there's also the issue of less regulations. There rules have not yet been made, so you could get into a mess and there's no law that has been designed to get you out. If you get scammed or someone manages to steal from you, that's just it, they're gone. The entire crypto market is very hard to predict and all this makes it riskier for anyone intending to invest or become a crypto trader.
But you see, that's not my main point. The point here is that, in as much as you can lose, you can also gain. There's been many people that have risen from rugs to riches being making one move or one buy or one sell order in crypto. It's even more insane when you deal with the meme coins. The reason I doubt meme coins will ever come to a stop is that there's always going to be people ready to gamble some cash, even if it's their last drop of blood to become rich overnight. And the meme coin developers, influencers and riche people are well aware of that. So they'll keep making the meme coins.
It leaves you with a tempting option, two actually. You either take a chance with it or you live regretting you didn't buy that Bitcoin when it was just a dollar.
But these days, we're getting an eye opener. We're starting to build digital infrastructure around crypto. Take Hive for example, if I had cash and wasn't living paycheck to paycheck to a point where I can't save a dime, I would put everything into it. Because it's around 20 cents today but has the digital infrastructure to become as big as X, or reddit and still keep the blockchain aspect.
This changes it from a mere gamble to a standard investment option. You can study the development, the software, the Dapp and everything related to Hive and make a decision on whether to invest or not.
I still have more research to do though but I thought of all the blockchain platforms similar to Hive, Hive is most promising. I stand to be corrected anyways.
So even if you don't have money to invest, the thing I respect about this platform is that you can start with nothing but just you.