Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Delgboke on July 26, 2020, 06:49:53 AM
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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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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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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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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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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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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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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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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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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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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
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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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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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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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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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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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Personally my fear is not the volatility nature of cryptocurrency unlike many others, my major fear of new coins is the objectives of the dev and team. I believe every good project need time for proper development but the question is that, do they really want to develop the project or do they want to scam people? I am afraid to invest in new coins because I don't know what their motive is.
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I refrain from investing in new of cryptocurrency.The new projects need time to show good development and to find their place in the list of the best cryptocurrency.Until then I prefer the well-known and successful crypto coins.
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I guess my fear will be to invest money or time in a projects which ends either failing or poor development from the team. Some projects don't even care about listing on reputable exchanges, some also conduct their IEO on very poor exchange which later results to collapse. We all have one fear or the other in this crypto space. Some takes risks easily and some lament about it before eventually investing
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There is no need to fear excessive in crypto, all have risks, but every risk there must be profits waiting for us. Crypto is a profitable asset that you don't need to be afraid to lose if you will get more profit.
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it is the fear of abandonment, a common mentality in trading among those who are just starting to invest in Bitcoin. The feeling of giving up when you lose the opportunity to make a profit while others make a big profit
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The feeling of giving up when you lose the opportunity to make a profit while others make a big profit. People always show emotions and instincts when participating in risky activities, especially investing in Bitcoin or cryptocurrencies.
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Cryptocurrency prices often fluctuate up and down, which is difficult to predict. This is similar to the stock market ups and downs. This puts me at risk of losing or losing capital if I do not monitor fluctuations regularly.
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Is a place for criminals to operate money laundering. This is probably the biggest downside and also worries me the most. For the same reason, there are countries that don't yet accept coins as legal tender
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For me, because I have little chance of exposure to technology, creating a Bitcoin wallet and managing it is quite difficult, so I am very worried that I can get scammed easily.
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I fear to fall in love to scam or shit project which I supposedly not promoted. There was a project that looks like promising and will succeed at the end. Unfortunately, the beginning was loveable and the end was heartbreaking.
We don't like to hurt ourselves from what we are doing. But I think it is part of crypto life to experience heart breaking due to some difficulty scenarios in cryptocurrency. Always at risk. Be careful.
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My fear is from my pass experience. I had lost a lot of fund during lending coins in 2018 and up till to moment i still find it difficult to move forward due to fear of losing.
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The biggest fear of everyone in the crypto community is experiencing huge losses, losing assets due to being hacked or investing in a scam project. Every big profit there must be a big risk, so the choice is yours
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There is nothing to be afraid of when you invest in crypto, because we already know that crypto is in a free market and very risky but can be profitable, use the skills you have well, if you are a trader make sure you have plenty of time to see the movement of coins in the market.
All types of investment have different risks, but we need to study these risk factors by continuing to learn from experts who already have a lot of experience, I believe this is the key to success in the future and avoiding big losses.
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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?
There is no doubt for fear about cryptocurrency specially after COVID season. Because i think maximum educated people now know about cryptocurrency and slowly it exploring day by day. If you see the market condition you will get confidence about cryptocurrency. Crypto currency has changed my life so how i forget it or make any doubt!!
thanks.
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The traditional financial system is always being watched by hackers, but if you want to cheat on the bitcoin network, you must attack all nodes in the network at the same time. This was the first thing that made me decide to get into crypto and it worried me
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Not much of fear here, I just review the information about the new crypto and if ever I found it not worthy, I just ignore it even though it is trending. Besides, when it comes to investment, I always invest what is excess in my budget, so if ever my investment went wrong, it won't affect my family.
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What I fear about new cryptocurrencies is hacking and scams - the dilemma of cryptocurrencies. Digital currencies have a long history with hackers over the years, with most major exchanges having at least one visit by a thief.
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For new coins my concern is how to preserve it. they store a lot of such material value in mysterious algorithms that few people understand are difficult to preserve.
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One of the Fears in crypto is Fear if Missing Out .. Then that mostly when one is expose to huge risk as the coin starts pumping. So always analysis your risk very well and trade within your risk limit.
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I remember Digitex Futures project. I nearly bought into it at a discount. But an ICO Reviewed site termed them as scam. So I changed my mind. Now look at the project…
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when the decline in support from a large community maybe it becomes a fear that is quite worried by everyone in crypto because the impact of the community is very large for the growth of a project .
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It is really risky if you invest in new crypto currency because we don't know how long the project can survive for long, that's what I read in new cryptos. New cryptos can earn you multiple profit but some of them will never increase.
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It is scary to log in or register in fishing site. All of your tokens from hard work will vanish in just a few second. No one like it.
We don't want to regret if possible.
We don't want to support unvalued coins if possible
We don't want to exceed efforts just for lose if possible.
We don't like to cry at the end for unpaid responsibility if possible.
We all want to earn knowledge, income, experience abundance if possible.
Why if possible? Because we are in the cycle of Cryptocurrency volatile place and risky world of opportunities where always possible.
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The fear of every investor or supporter is obviously loss of funds either due to failure of project, exit scam or bad intentions of the team. Investor wants security of its investments and want to see them growing nicely while the situation is never in the investors hand that can result in losses especially during slow or bears market.
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My fear is exit scam issue. I fell victim of this so much in my early days in crypto space. Right now I'm so wary of new projects, but this also made me lose out on some new projects that are good
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I think the worst fear in crypto business is SUDDEN price DUMP and SCAMMED PROJECT even as a trader, investpr or bounty hunter. Crytop will be entirely very interesting if these two enemy are eliminated from the crypto economy.
I just don't like price sudden crash (dump) or scammered IEO/ICOs projects. These two enemies has lowered the interest of people about cryptocurrency generally and it need to be flushed out from the crypto community by everyone involved.
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To be honest, my fear of the new crypto is that if project managers don't really develop their projects, they just follow the trend without thinking about the fate of investors so that from time to time it will disappear from the market.
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There are always joining new crypto projects. Scams are there and the risks for pump-dump cannot be avoided. I think these obstacles to be always there. Well, no investments with no risks, including investing in crypto projects. The point is how we can choose the right projects with good analysis. That's why we need to improve our skills + experience in analyzing potential projects.
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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?
I always fear on holding cryptocurrency because I always buy-sell instantly. Cheers
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Not much of fear here, I just review the information about the new crypto and if ever I found it not worthy, I just ignore it even though it is trending. Besides, when it comes to investment, I always invest what is excess in my budget, so if ever my investment went wrong, it won't affect my family.
It is the best investment truth, always invest what you can lose. I naturally do it sometime. Thanks
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In my opinion, it is not only in the crypto world that you have to take risks, but in every field, whether it is in the digital or real world, there must be risks too, so in my opinion if there is fear in the crypto world then loss is natural because it is also a risk.
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Ethereum, Ripple, EOS, stellar, Tron, dash, Nem, Bitcoin diamond, above all coins are old coins and platforms. You any investors and traders undoubtedly invest above coins without any risks but new coins are very much risky to invest due to the scam exchange.
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I think that's a scam. Cryptocurrency as its name implies is not a tangible object that can be grasped like paper money, but a currency encrypted in the electronic environment. Therefore, this is also a very convenient place for scammers to practice
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I think that's a scam. Cryptocurrency as its name implies is not a tangible object that can be grasped like paper money, but a currency encrypted in the electronic environment. Therefore, this is also a very convenient place for scammers to practice
Whether fiat or crypto there's risk. Fiat once consumed by fire or natural disaster it will wash away. In crypto once attacked by hackers the security is weak and it is alarming in entire crypto community. Whether tangible or intangible there is something we fear about.
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My greatest fear in a newly created cryptocurrencies via ICO, IEO, Defi etc. is the stability of its price after listing including the team's agenda, thats my primary concern especially when we are participating in their token sale as an investor it's a quite weird feeling especially to me that has been victimized by a scam ICO project.
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If you're just involved in crypto as a bounty hunter and not as an investor or a trader I think there's nothing to fear with. You just might feel tired because of many scam bounties or unsuccessful project.
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The fear of new cryptocurrencies, of course, we will lose money if it turns out that the new Cryptocurrency is not able to grow, let alone die. Of course the money we invest will be lost, it's different if we invest in cryptocurrency that is old and has a popular name. So the risk of losing us will be small, but if we really choose a new cryptocurrency then we will also get multiple profits.
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Mostly new member never invest in newly launched coin , because there is higher chance that they will lost their money . This is because new coin lost it's popularity in market , Eveyone analysis properly before they are going to invest in newly launched projects.
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Community!
Why did I choose the community that was feared?
The answer is that the community provides great scope for dominating the circulation of cryptocurrency.
If the emerging cryptocurrency does not have a community it will be very sad and pity, it is certain that the cryptocurrency will not last long in the cryptocurrency market.
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though as a matter of fact, cryptocurrency does not really makes me scared, because whatsoever one loose can be recoup but its just a matter of time, but am just scared about investment in crypto currency as one might not be able to get fund when need due to the rate of volatility.
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As of late we see most of the new crypto currencies are very dangerous because new currency have no acceptance form the investor for this reason most of the new currency get down or fail. Another problem is scamming. Scammer are mainly work with new crypto.
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The new cryptocurrency with me is a little less than the current blockchain. People are now the most inclined to DeFi platform. Therefore, it is not possible to say exactly what the market situation will be. However, the current price of DeFi is going down a lot. In the first stage, the blockchain took over the world, but now DeFi is far ahead of the blockchain. I think DeFi will never be able to overtake the blockchain. The blockchain can rule the world now and beyond.
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my biggest fear which is already happening is losing my funds. i've engage in crypto trading and whenever correction happening I always caught unprepared resulting to loss of funds. I still lack knowledge about crypto trading so I still learning thought different people by reading and watching videos. hopefully, when I'm equipt with such knowledge I won't afraid taking risk anymore.
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The new cryptocurrency with me is a little less than the current blockchain. People are now the most inclined to DeFi platform. Therefore, it is not possible to say exactly what the market situation will be. However, the current price of DeFi is going down a lot. In the first stage, the blockchain took over the world, but now DeFi is far ahead of the blockchain. I think DeFi will never be able to overtake the blockchain. The blockchain can rule the world now and beyond.
The Defi project provided an answer to my doubts about the banking system, a decentralized system making blockchain more popular because there are no 3rd parties who need to regulate this system. The real fear is when cryptocurrency is banned for payment and investment systems, but because crypto is on a free market, I don't think we need to be afraid of that, because all investments have risks.
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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?
There is risk everywhere and in any business. However, cryptocurrency is different in that, unlike business, it is difficult to predict. Cryptocurrency is a completely new type of financial asset that we have never heard of from our history before.
Therefore, in cryptocurrency, the risk should be moderate, so that in the event of a loss, we can continue our activities and gain practical experience.
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Over the years I've learned about cryptocurrencies. And cryptocurrency has been doing well over the years. The scamming in the crypto currency market started from 2018. Too many projects for scamming would have been unsuccessful, would not have been successful. So I think cryptocurrencies have a little better time. And people are starting to believe in cryptocurrencies and are now investing in the market.