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Author Topic: Whats your fears in new cryptocurrency?  (Read 9176 times)

Offline Delgboke

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Whats your fears in new cryptocurrency?
« on: July 26, 2020, 06:49:53 AM »
In the past years in this cryptocurrency project many of has experienced had I know especially me because of some cryptocurrency project I missed to participate because of fear and doubt, as a person if you begin to look at the risk and what you have lost in the digital world you Will never get yourself involve in new crypto currency forgetting that life itself is a risk. What then is your fear in crypto?
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Whats your fears in new cryptocurrency?
« on: July 26, 2020, 06:49:53 AM »

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Offline MrSpasybo

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Re: Whats your fears in new cryptocurrency?
« Reply #1 on: July 26, 2020, 07:15:20 AM »
I think the biggest fear of the majority of the crypto community, and even those in the traditional economy, is the fear of missing out (FOMO). We are afraid that we will lose the opportunity to become rich with this project, with this bounty campaign, with this crypto forum... So greed is like fiat, the supply is unlimited :)
And I'm just afraid that there will be more people being scammed with crypto-related scam projects, which makes them themselves affected & negatively affect the widely accepted process of crypto.
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Offline Andruha1993

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Re: Whats your fears in new cryptocurrency?
« Reply #2 on: July 26, 2020, 10:13:57 AM »
Working with crypto for the third year. I have already lost my fear (let it be participation in a bounty company or an investment, and so on). I'm not afraid of anything anymore.
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Re: Whats your fears in new cryptocurrency?
« Reply #3 on: July 26, 2020, 10:31:56 AM »
Cryptocurrency market can be observed and searched. The more experience there will be. There is a risk of being added to some crypto projects. A lot of time is spent and nothing is found by working. I have no fear in crypto. Because I am a conscious lover of cryptocurrency. There are many new cryptos in this digital world. So you have to win without fear. Research and time must be given for this. If in doubt, find out where the risks are. Only then will you experience cryptocurrency.

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Re: Whats your fears in new cryptocurrency?
« Reply #4 on: July 26, 2020, 10:48:39 AM »
If anyone ask the biggest fear about new crypto-currency or new crypto project, it'll be the listing on shit exchange from the team. Most of the project team relay on the decision of CMO and sometimes CMO choose the shit exchange to list their project's tokens/coins which is really bad for the community. When they list their tokens, it get dumped at a large range.

If it's about crypto-currency and blockchain, than i think it'll be taking any decision without any analysis and depending on others call.
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Re: Whats your fears in new cryptocurrency?
« Reply #5 on: July 26, 2020, 06:16:27 PM »
Fear is a normal thing. Such is nature. Of course, the biggest fear when buying a coin is the fear of losing money. It is not realistic not to be afraid or to doubt. When investing in cryptocurrencies, you need to follow one old rule - invest as much as you want to lose. For example, I do not like to invest in new projects on ico or ieo. I like to watch the project for several months and see how real the team works and how interesting the project is to people.

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Re: Whats your fears in new cryptocurrency?
« Reply #6 on: July 26, 2020, 06:45:20 PM »
People become more frustrated than they have confidence in the new coil. Because the price at which people buy coins at the market is not the price. This has reduced a lot of confidence in people. Seeing such a situation, people no longer want to invest. That's why people can't trust new coins.
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Re: Whats your fears in new cryptocurrency?
« Reply #6 on: July 26, 2020, 06:45:20 PM »


Offline trauchot

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Re: Whats your fears in new cryptocurrency?
« Reply #7 on: July 26, 2020, 07:28:27 PM »
The biggest problem of the cryptocurrency sphere is that there are too many scammers here, and therefore every investor, before investing in any cryptocurrency project, always checks the project for a scam. When governments will start regulating cryptocurrencies around the world, then there will be very few scammers in the cryptocurrency sphere.
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Offline Renampun

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Re: Whats your fears in new cryptocurrency?
« Reply #8 on: July 26, 2020, 07:45:26 PM »
I have never been afraid and doubtful of cryptocurrencies especially new ones...
many have left crypto because they think crypto did not benefit them anymore, I personally will continue to be in crypto because I believe this is still the beginning, in the future when crypto has been mass adopted, then I will enjoy the results of my belief.
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Offline zendicator

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Re: Whats your fears in new cryptocurrency?
« Reply #9 on: July 26, 2020, 08:10:15 PM »
I fear that my due diligence is not sufficient about the project and I might get rekt in the future. In my observatiobs this past few days, I am not able to catch big pumps because of my doubts

Offline debra

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Re: Whats your fears in new cryptocurrency?
« Reply #10 on: July 26, 2020, 11:48:42 PM »
There is always risk for investment, including investing in crypto. But with crypto, we have the high chance to get big profits if we know how to make it. No, I am not fear or afraid with crypto because I believe that crypto will have good future and more people to participate in crypto trading or investment.
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Re: Whats your fears in new cryptocurrency?
« Reply #11 on: July 27, 2020, 04:54:18 AM »
Scams are the biggest, one and only fear in crypto, especially new cryptocurrencies. Only a few genuine projects have shown up in the last couple of years. The ratio between real projects/ total new projects are too tiny. There were many proposals to prevent scams like STO or DYCO but none came into effectiveness.

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Re: Whats your fears in new cryptocurrency?
« Reply #12 on: July 27, 2020, 05:20:45 AM »
Fear is also a one part of crypto market , we fear that we didn't Loss our money , I also missed some good project due to some doubt ( some of them is very legit ) .
We should trying to make proper analysis before invest in any ICO or others projects . Only knowlege help us, to overcome from fear

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Re: Whats your fears in new cryptocurrency?
« Reply #13 on: July 27, 2020, 06:30:12 AM »
I fear that my due diligence is not sufficient about the project and I might get rekt in the future. In my observatiobs this past few days, I am not able to catch big pumps because of my doubts
We share the same fear. Sometime its scary to enter the market without proper research if the projects we will invest with are worth and could give us profits. But that's how market works and as a crypto enthusiast, I always make sure that I am on right track. Fear is something inevitable for everyone its normal and nothing we could ashamed of.
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Offline TomPluz

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Re: Whats your fears in new cryptocurrency?
« Reply #14 on: July 27, 2020, 06:32:44 AM »
My biggest fear with new projects is that it might not be able to take off due to many factors like lack of technical capabilities, the management are not good enough and if the market is not just responsive into it. There can other factors, of course. Usually, start-ups have more chance of failing compared to those already established ones. However, start-ups can be more exciting and can grow fast making their potential to be lucrative so high.

 

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