When you check out his official Instagram page, you can get educated about virtual currencies from David Adefeso’s cryptocurrency advice. The entrepreneur uploaded a video clip lasting a little over 3 minutes long early this week on his account with the handle @david.adefeso to educate his more than 106,000 Instagram followers.
The Instagram presentation featuring David Adefeso’s cryptocurrency advice is titled “Wealth Demystified.” When you watch it, you will first find David reading some of his followers’ questions.
One of the fans asked if trading Bitcoin is safe, while another queried if they could make a lot of money purchasing this flagship crypto-asset. David Adefeso’s cryptocurrency advice for netizens is that potential investors should be cautious.
In his Instagram video, the 51-year-old businessman explained the concept of Bitcoin as a cryptocurrency. He described it as being all digital and accessible on one’s computer.
You will also hear David mentioning and discussing related virtual currency concepts like “peer-to-peer networks” and “cryptocurrency mining.” He compared Bitcoin to commodities like a neck chain, soybeans, cocoa, and so forth, which are tangible investment assets dissimilar to the digital asset
Finally, you and the fans can gain considerably from David Adefeso’s cryptocurrency advice. Since Bitcoin does not have a true value, the entrepreneur advised that interested investors should be very careful.
He also advised that potential cryptocurrency investors should only push through with their investing pursuit if they already understand Bitcoin and the cryptocurrencies completely. They should also be experienced and willing to diversify their investment portfolio, per Mr. Adefeso.
David Adefeso’s cryptocurrency advice also included the entrepreneur recommending that investors have Bitcoin merely as a small part of their portfolio to avoid losses.
Meanwhile, fans of David felt delighted with what they saw. In fact, when you check out the Instagram video featuring David Adefeso’s cryptocurrency advice, it has already raked in exactly 1,252 views at the time of writing from interested netizens.
Furthermore, you can read many fans thanking David for the information and advice he dispensed. They remarked that the businessman is helpful with his insights about Bitcoin.