Well, I actually spent at least that much to write my book, get it published, and give it to DNotes Global 100% royalty free so that all of DNotes stakeholders and other entrepreneur can benefit from it.
Having said that, this shows the madness of our industry. It is totally out of control. Greed is overwhelming that better side of humanity.
This is a real technology revolution that presents a generational opportunity for the entire world. We cannot let a small minority hijack a vital technology breakthrough that could contribute significantly to the better good of mankind.
Personally, I wish investors will start spending more time to understand what they are investing in. If it is not researchable and verifiable, be care and only proceed with caution.
The book was quite a big project. I enjoyed working on my contribution very much
Not to disagree, but I think another factor playing into the careless investing may be that a lot of people have spent significant time in their adult lives living paycheck to paycheck and barely making it, or feeling like there's never enough. I think a lot of those people see amazing financial opportunities in cryptocurrencies and they can almost taste what it might be like to not have to worry about money ever again that they kind of go a bit crazy on the investing. I think there's an element of desperation going on, stemming from some of the larger economic issues going on at this time.
The foundation that DNotes is laying and the work of DNotesEDU will help a lot of people make smarter cryptocurrency investment decisions.
I understand, that unfortunately majority of the people worldwide struggle with some form of financial desperation wishing that they could get a lucky break one day. That desperation is being exploited and many ended up in worse shape.
There are however some great projects as you often write about. And DNotesEDU has been doing an fantastic job in educating investors. There are honest coins and great projects with many hardworking honest people behind them. As Nele suggested we need to unite and work closer together so that more investors know that there are choices and many projects worthy of their support and investment. Over the longer-term, only real projects would stand a chance to survive.
We are more committed than ever to make DNotes a success. Please help us spread the message.
I totally agree with the point the Dyna and wiser were making. Sometimes I have a feeling that investing in crypto is more of a gambling than a real investment. There are a lot of teams out there who are making big promises and in the end after some pump they dump the coin and grab the money bags and go on tropical island
it is especially hard for inexperienced traders to tell the difference between those hyped coins and real projects who are aiming at long term success. I'm not an exception and I was also learning on my mistakes. In the past I invested in some of the coins that turned out to be dissapointments and at many of them happened just what I described before. The developers pumped the price somehow...then they did not deliver what they promised and abandoned the projects. Some of them made a few false promises after that, but many disappeared.
But yes a lot of people who are investing in crypto are impartient...as wiser and Dnya said they many times struggle with some form of financial desperation and wants to make some money FAST. And by doing that them make some irrational mistakes and wrong investments. Indeed some have luck and make some money, but many of them does not have that kind of luck.
Maybe I'll write a blog or sth. like that on Steemit one of this days
it is little harder for me since I'm not a native English speaker so I have some grammar mistakes, but I want the blog/article to be readable
Well in any case...because I learned from my mistakes a little (at least I hope I did) now I'm always looking not just at coins, but also in the team behind the coin. It is of great importance that team is serious and can be trusted. This is why I have chosen not only to invest in DNotes, but also to help spread the word about this coin and the team behind it. I'm not a famous or public person, so I do not have much impact, but still...I belive in this project and team and so I'm trying to help as much as I can. And also I believe that this coin is great long term investment opportunity, so if I recommend it to someone I'm sure that I'm actually doing that person a big favour
Keep up the good work and I can't wait to hear even more good news from this coin in the future...I'm sure that there will be many of them