YEP what?

YEP what?

By AryaStark | Money and Work | 19 May 2021


Yesterday the strongest cryptocurrencies in the system, BTC and ETH had their most drastic fall recorded since January 2021 while lesser-known -almost unknown- currencies obtained an increase of up to 52,632.82 percent! How is this explained?


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While legitimate investors are retreating to more traditional markets such as Gold and other commodities, it is speculators who are artificially dominating the cryptocurrency market, and often aided by opinions of influential media figures like Elon Musk , who managed to quickly but briefly boost two very different currencies: Bitcoin and Dogecoin .

Facts like these are unavoidable today, largely aided by social networks that manage to bring together hundreds of thousands of people who can organize to achieve a goal, as was the case
with the actions of GameStop and the maneuver made by Reddit users to give the Walt Street Lords a hard blow, and make huge profits in the process.

Looking at it from that point of view it even seems fair, but we must not forget that in investment, that some win means that others will have to lose. It is unfair but indisputable.

These movements
so fast and strong, harm just the weakest people speaking of resources.

Although everyone knows that you should NEVER invest money that you cannot afford, the new rules of the game and its investment platforms allow a person to invest from $ 10. It sounds great, but many people invest what little they have in the delusion of making big profits. Only in the very fine print is it noted that investing is risky and that almost 80% of small investors los their entire investment.


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That said, I wanted to focus on a cryptocurrency that caught my eye today: YEPCOIN. This coin
that is not even one year old, had an increase of 52,612 percent in a single day.

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Hopefully this YEP is a legitimate coin and not a new way to scam naive and deluded investors.

What I want to show is how good something can look if we only watch one font, like just believe one single person without searching others independent resources.

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As always I thank you for reading me. Cheers! 

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AryaStark
AryaStark

Living on books, tips are welcome 🤗 https://coinos.io/AryaStark/receive


Money and Work
Money and Work

In this blog will write about work, career and money, because it is a very important issue for many people, until we can be autonomous ...very soon! En este blog escribiré sobre trabajo, carrera y dinero, porque es un tema muy importante para muchas personas, hasta que podamos ser autónomos ...muy pronto!

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