Cryptocurrencies, Risk Averse and Calculated Risk Undertaking

In 2016, two colleagues, who are now my personal friends working the Banking Industry then approached me and were willing to share the knowledge pertaining to cryptocurrencies. They offered to show me for free how they were able to “deal in cryptocurrencies”, make profits and use the same profits to pay for their day to day bills and obligations.

The Zamundaland and Wakanda risk averse instincts implanted in me by societal background expectations and upbringing in Africa intuitively urged me to start giving lame excuses, “silently reject”, or politely decline the offer of the skill sets, experience and knowledge required to succeed.

That inner voice which whispers and strongly urges everyone not to venture into the world of the unknown, telling you to stay put in your comfort zone and not to take the uncalculated risks lest you lose and become a laughing stock among clan members, family and friends. That inner voice became very strong and passively instructed the entire me to dismiss the “fake-like science fiction stories” of how people can make money using digital currencies (the unseen and the untouchable money – how do I even explain to my grandparents born in in the 1920s, 1930s and 1940s of what type of money that is).

Like many of our generation, the first reaction was…”if it is true they are making the money, why can’t they just make money “silently” and enjoy it themselves instead of wasting their time and energy telling others and disclosing the secret formulae of success?’. That African mentality of “if you are making money, do not tell others how you are making money, keep quite and make money alone and in peace”.

The next thought with many of us hailing from Africa has always been, “show me the money”, ” where is the money you have made so far and how much money have you made so far”. This could explain the reason why “NETWORK Online Marketing” has taken long to take off on the African Continent. Other Countries have to wait for Nigeria, South Africa, Ghana, Kenya and other risk takers like Zimbabwe to be bruised first or succeed before other Central African Countries can join the fray, the frenzy and excitement of joining the new trends. It is a wait and see mentality.

As Zambians, we are used to see people who have made money, buy new and expensive shoes, clothes, buy new vehicles and build bigger houses. We are yet to come with terms to appreciate the Warren Buffet stories of same old vehicle and same old house. We question why someone would make so much money and yet does not spend it, show it off only to donate to Foundations and Charity in far flung areas as a Philanthropist. Indeed that is the African mind mainly from Wakanda and Zamundaland.

Now, listen, there are currently over 10,000 Cryptocurrencies in the World. And some more are coming. We need to take keen interest and leverage how we can also make money like many others are doing globally on all Continents. Never be too shy, too lazy and too old to learn new things.

Companies like Facebook, Libra, Diem Association has come up with the DIEM and will be officially launched in less than 10 days from now. 10 days ago, the 1 Diem was equal to $50 cents. Today, 10 days to go before the launch, 1 DIEM is equal to $8.8 and it is still going up. I wish I had bought $200 worth of DIEMS on 1st of May/2021 or late last month. Not too late to buy as the price is still going up.

PetronPay.com the other day came up with its own Token known as the Peron Security “S” Token. RailCycler.com came up with its own Cryptocurrency token this week known as RailWay (AIL) built on top of the TRON Platform.

The Akoin cryptocurrency , created by famous singer and philanthropist Akon – whose real name is Alioune Badara Thiam – building a futuristic $6billion Akon City in Senegal, which he calls a “real life Wakanda” was launched in Kenya recently. Africa has an AFRO Cryptocurrency by a Switzerland based NGO. It surely needs needs a lot of polishing-up. The ODUWA Coin (OWC) co-founded by Mr. Bright Enabulele was being introduced as a Pan-African Digital Currency by ADDI Founder/CEO of H.E. Dr. Arikana Chihombori-Quao this 2021. Buy the ODUWA and hold for a while.

We ALL need to realize and perhaps greatly appreciate that the meteoric increase in the value of BITCOIN (hovering around $60,000 per 1 Bitcoin as of 05/10/2021 has positioned cryptocurrencies at the forefront of investors’ attention. We all wish we bought even 1 bitcoin in 2012.

We Africans from Wakanda and Zamundaland can no longer just ignore this new normal and sit on our laurels. We just need to embrace the Digital currencies, stand up and be counted. Bitcoin is currently the largest cryptocurrency, with a market capitalization of $1trn. Although Bitcoin is the number one cryptocurrency, there are currently over 10,000-plus cryptocurrencies in use. Interestingly, there are several digital currencies which have outperformed returns on Bitcoin. For example, Ethereum, the second-largest cryptocurrency with a market cap of more than $300bn, has increased by 750% since 2020, surpassing Bitcoin’s 600% gain. Ethereum (ETH): This digital token was launched in July 2015 at a trading price close to $2. It has risen more than 130,000%. ETH is currently trading at a price of $4,000 as of 05/10/2021 making it one of the most profitable cryptocurrencies. The cryptocurrency’s long-term momentum remains bullish. The Dogecoin, (Bana IMBWA) the meme crypto linked to an image of a Japanese breed of a Shiba Inu Dog has surged 14,000% in 2021. Jokingly called the “DOGE-Father”.

Let us ALL embrace this new knowledge and take keen interest in the cryptocurrency, how you can buy, how to store, how to trade, how you can swap, hold, sell cryptocurrency and make profits. Tuleishiba UTUNTU. There are three (3) Free Investment and Business Opportunities I would like to share with you. Yes You, Mr. Doubting Thomas’ and Mrs. DoubtFires, these are FREE. Jump on them and earn while you learn. You would not like to let this opportunity pass you like it it did for me on BITCOIN 7 and 5 years ago. You will surely thank me later in 2022.

  1. There is the FREE PI, https://wallet.diemcoin.global/sign-up.php?ref=f1476d280afaf46727304d88384b76d9
  2. There is the FREE ARGENTAS https://argentas.io/users/invite.php?invite=F80EB8D0E3
  3. There is the FREE Initiative Q which is an attempt by ex-PayPal guys to create a new payment system and its own currency, the Q. https://initiativeq.com/invite/0UG6IYxe9

Stay Safe and be blessed. KEKK888

Published by Kemman

Financial Crime Compliance (FCC) professional. Banking & FinTech, Anti-Money Laundering (AML) & Counter-Terrorism Financing, Nuclear Terrorism & Counter-Insurgency (CTF), Anti-Sex & Human Trafficking Advocate, FOREX & Cryptos, Travel & Tours, Telecommunications & Energy, Member of the World Advisory Council Association of Certified Fraud Examiners-ACFE. Presenter at International Conferences-ACAMS&ACFE. Certified Fraud Examiner-CFE. Certified Anti-Money Laundering Specialist-CAMS. Certified Anti-Bribery and Corruption-ABC. Founder member of Institute of Directors (IoD) Zambia Chapter. Founder - Managerial Accountability & Transparency. Two-term of two years Chairperson of the Bankers Association of Zambia Fraud Prevention and Security Committee. SADC and COMESA Consultant on Crime & Corruption Prevention & Management Strategies. Former Area Head for Southern & East Africa (International Banks). Trainer of trainers & core facilitator. Corporate Governance, capacity building, Institutional & Organizational development, business process re-engineering. Technical expertise is coupled with excellent interpersonal, team building, communication, and presentation skills. Father & Coach, Entrepreneur & Author

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