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Author Topic: What do you fear the most about crypto  (Read 13029 times)

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What do you fear the most about crypto
« on: November 28, 2020, 10:01:45 AM »
The possiblity of watching my portfolio turn red always and not only turn red But slowly melt to 100 digits. from thousands of dollars to hundred and possibly to 10 because of a mistake of investing in a scam project i though may be fruitful. The crypto market is so slippery that you can loose your funds in a flash.
that is what i fear the most. loosing my money with minutes.
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What do you fear the most about crypto
« on: November 28, 2020, 10:01:45 AM »

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Offline masterrex

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Re: What do you fear the most about crypto
« Reply #1 on: November 28, 2020, 10:31:15 AM »
The possiblity of watching my portfolio turn red always and not only turn red But slowly melt to 100 digits. from thousands of dollars to hundred and possibly to 10 because of a mistake of investing in a scam project i though may be fruitful. The crypto market is so slippery that you can loose your funds in a flash.
that is what i fear the most. loosing my money with minutes.

What do you fear the most about crypto?

IMHO, Base on my previous experiences as a cryptocurrency enthusiast from 2015 up to now? My fear is always about SCAMS and FRAUDS because I am one of the victims of these wrongdoings. I was scammed three times in ICO way back in 2018. thats why I mean because I personally experience it. But in the case of losing the value of a particular cryptocurrency, I believe it can be minimized if you are already aware that it can happen anytime. While in trading I'm usually experiencing losses, but it's just a normal part of the game. And it's not a problem for me because I can recover it in the next sessions. But of course, if you are exerting some effort to achieve it. 

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Re: What do you fear the most about crypto
« Reply #2 on: November 28, 2020, 12:24:31 PM »
So that's why I feel it's very important for us to learn more about investing in crypto. So that we can at least avoid things that we don't want. And it is important for us to be able to choose good and potential projects. therefore must be more careful.
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Offline ShadowCrypto

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Re: What do you fear the most about crypto
« Reply #3 on: November 28, 2020, 12:55:44 PM »
I'm a veteran, but it's always painful to see the markets do that. more than 5 years in crypot, but market melting it's hard for everyone, its worst for the new comers for sure.

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Re: What do you fear the most about crypto
« Reply #4 on: November 28, 2020, 01:03:09 PM »
Anything can happen in crypto. including you can lose in a short time, but you can also get huge profits in a short time. Therefore it is indeed important for us to always be careful in investing in crypto.
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Offline vitek146

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Re: What do you fear the most about crypto
« Reply #5 on: November 28, 2020, 01:11:14 PM »
Main fear is lost investments for some reasons like red market,when long time all prices drop,some new restrictions on cryptocurrencies that do not make it possible to freely dispose of, make transfers, etc.
Also, now government bodies are actively taking control over these assets in order to tax these operations, even many cryptocurrency exchanges already cooperate with them and have KYC on many, which makes it very easy to track who, how much and where transfers and withdraws. So surveillance is one of the main enemies of cryptomaniacs for making money.

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Re: What do you fear the most about crypto
« Reply #6 on: November 28, 2020, 02:07:51 PM »
I have not invested my money for a long time, because I already long time ago received a good profit from investments in cryptocurrencies and profit from bounty companies and therefore I am no longer afraid of losing money by investing in some cryptocurrencies, so I don’t even know what I’m afraid of in the cryptocurrency sphere, of course, I don't want to lose any money, but I'm already used to everything in the cryptocurrency field.
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Re: What do you fear the most about crypto
« Reply #6 on: November 28, 2020, 02:07:51 PM »


Offline Jaguar

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Re: What do you fear the most about crypto
« Reply #7 on: November 28, 2020, 02:23:10 PM »
Mate I would like to hug you if I know you personally and nothing to say because there is no words to comfort your money at this moment. Really painful to watch your money dropping slowly and stop to almost zero. Btw, your not alone we're many. Be strong man.

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Re: What do you fear the most about crypto
« Reply #8 on: November 28, 2020, 02:37:40 PM »
It seems to me that there is no more terrible thing in cryptocurrency and the entire cryptocurrency market than in any business. At least first of all, you need to have knowledge and learn how to navigate difficult situations in order to be able to receive not only benefits from trade, but also from investments.

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Re: What do you fear the most about crypto
« Reply #9 on: November 28, 2020, 04:17:02 PM »
The possiblity of watching my portfolio turn red always and not only turn red But slowly melt to 100 digits. from thousands of dollars to hundred and possibly to 10 because of a mistake of investing in a scam project i though may be fruitful. The crypto market is so slippery that you can loose your funds in a flash.
that is what i fear the most. loosing my money with minutes.

Crashing the price for me is not fearful or scary. Because most fears are those scammers who won't stop scamming others
and the hackers, these two bad guys must disappear here in this industry, though it's not possible that's the reality!
Therefore, dumping the price is not the fear the most in cryptocurrency because it can pump again at any time for sure.
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Re: What do you fear the most about crypto
« Reply #10 on: November 28, 2020, 04:32:02 PM »
My fear is all about losing my money especially if my capital is from my salary loan, that's why I'm very careful about investing.

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Re: What do you fear the most about crypto
« Reply #11 on: November 28, 2020, 04:59:54 PM »
Fraud makes a lot of people suffer, which I find annoying seeing lots of new coins and being abandoned by project developers, there is no other choice but to let junk coins remain in my wallet, because it's useless to have coins but they are worthless and not there is trading volume, even on the DEX exchange.

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Re: What do you fear the most about crypto
« Reply #12 on: November 28, 2020, 10:24:12 PM »
I'm afraid of the excess volatility and the uncertainty common in crypto. I've watched my crypto portfolio grown and dipped intermittently,but I've suffered dip more.

I hope we will have some level of sanity and maturity in the space, less scam and more innovations.
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Re: What do you fear the most about crypto
« Reply #13 on: November 28, 2020, 10:44:12 PM »
Loosing more money in crypto trading or investment depends on your strategies applied, that is, for example, a short trade or long term plans. If you are trading for a short time, you may experience both but a long time investment or "hold" may also bring in huge profit.
My only fear is the duration of the market recovery after price fall or bear market. A quick price recovery is a great boost.

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.FOREX..TRADING FROM $1.
 
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FOREXTRADING FROM $1
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