The importance of digital financial literacy and education to prevent losses

The importance of digital financial literacy and education to prevent losses

  Public interest in digital assets like Bitcoin in Indonesia has continued to grow rapidly in recent years.


However, amidst the increasingly popular crypto investment euphoria, serious challenges arise related to the lack of digital financial literacy and education.


Upbit Indonesia Chief Operating Officer Resna Raniadi said that education is key to preventing investors from getting caught up in emotional decisions that lead to losses.


Also read: Crypto asset transactions reach Rp446 trillion, Indodax: positive momentum



"Crypto is not just a trend, but part of the evolution of the global financial system. Therefore, investors need to understand that every opportunity always comes with risks," Resna said in a written statement in Jakarta on Wednesday.


Resna stated that ongoing education plays a crucial role in enabling investors to make wise decisions and remain calm in the face of market volatility.


According to him, one common mistake that novice investors often make is buying digital assets because they follow trends without in-depth research.


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