Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on May 31, 2018, 06:57:03 AM
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The issue of people moving out has been there since the inception of Bitcoin yet the market volume and cap of Bitcoin keeps increasing each time - a sign of influx of investors. There are always people who do cannot stand difficult situations and mostly those people are the ones who normally are driven by FOMO and in the end affected by FUD and panic sell.
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I don't think that people are actually moving out of crypto,but rather i believe that there are more people coming in. You have to know that crypto awareness is spreed fsst and some enthusiasts want to get details abd feel of it.
One of the reasons while there are many ICOs is because cryptos are gaining much attention and thus, getting world wide acceptance .
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those who are afraid of failure and merely thinking of profit not to like the process in ICO will inevitably quit.
but if you are serious about investing, wanting economic change in your life, willing to work hard, you can follow the development of ICO and can enjoy the results of ICO
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The fact the to prevent is better than cure. To prevent the loses is better than risking the entire profit by putting it again to another level of investment. People does not want loose because to lose is failure. Maybe that's why people get out their crypto.
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I think the influencing factor is due to the declining crypto market and the lack of awareness of someone to invest. the introduction of crypto is more important than making too many new coins in each year.
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I believe people are rather moving in to crypto because of the awareness creation. A lot of people are learning about crypto and its benefits so they are investing in it.
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those who left crypto is those who may have some kind of trauma in it may be over losses incurred or anything else. But if the thought of returning cryptocurrency giving a lot of advantages and disadvantages is another risk that must be accepted, have much to learn and do not despair is one of attitude a must-have if someone wants to get a lot of the advantages of cryptocurrency.
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Mostly because instead being in green their balance is in red due to recent bear run .
I am staying overall optimistic and am exploring new applications for blockchain technology I am totally convinced that startups like MyShield will come up to expectations
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a lot of bad news about crypto so fud every where. everyone is afraid to invest in crypto and sell their assets.
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Maybe the reasons are they experienced bad, they heard some fud, they fear seriously the future possible big amount of loses and the weaknesses toward their self satisfaction to deal crypto.
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Didn't notice that people are moving out of crypto, all my friends, and partners moving in crypto. Maybe fear is taking over them.
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Who told you that nonesense? Crypto is growing like hell and there are more and more peolpe who are getting interested in blochchain potential.
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Those who did not study hard every single ways about cyrpto and who did not do some research about how crypto currency works. And those people who invest quickly without enough knowledge about investing are failed and affraid to try again the reason why they quit.
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People moving out of crypto is some kind of wield. And I really don't know why you should move out of crypto because it really help.
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Especially for people who meet bitcoin in January, the situation is not pleasant. They're the people who lost the most and most of them have accepted the situation. Now they are in a waiting position. Off course, those who need money urgently may have left the market completely, which is really sad for those people.
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The issue of people moving out has been there since the inception of Bitcoin yet the market volume and cap of Bitcoin keeps increasing each time - a sign of influx of investors. There are always people who do cannot stand difficult situations and mostly those people are the ones who normally are driven by FOMO and in the end affected by FUD and panic sell.
The market will recover soon. Be patient and hold/buy for now.
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They move out for the decline and not for the unproductive crypto. In just a proper time they will go back to crypto again and invest more than before.
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In my own observation people are getting in in crypto because they know crypto is a many jobs of it and they can make profit in a months so in my observation they getting in. But for the other people who moving out i think they just try the crypto then after they nnot success they moving out.
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This happens in all spheres of life. Someone gives up immediately, and someone goes on trying again.
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Although they are leaving still new ones are coming and one thing I know why bitcoin keeps increasing the the volume because of so many ICO which is one of great advantage of bitcoin because the more altcoins out there in the market the highest level that he can get due to its power to all cryptos.
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I wouldn't say people are moving out, not in large volumes yet anyway. Although I would agree that people are getting a lot more cautious. A lot of people got burned with the drop since the beginning of the year, especially those that were first time investors. I'm hanging on by the skin of my teeth, but no intention of dropping out any time soon. Keeping the faith in a recovery towards the end of the year, and trying to catch some decent prices on the way.
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Didn't notice that people are moving out of crypto, all my friends, and partners moving in crypto. Maybe fear is taking over them.
Fear is enough to disable the beliefs of the person. People moving out in crypto because of they can't contain the pressure in this forum.
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The issue of people moving out has been there since the inception of Bitcoin yet the market volume and cap of Bitcoin keeps increasing each time - a sign of influx of investors. There are always people who do cannot stand difficult situations and mostly those people are the ones who normally are driven by FOMO and in the end affected by FUD and panic sell.
Those who have weak hands are those who is newbie investors in cryptocurrency, they’re easily discourage when the market is down and look at their investment slowly loosing rather than gaining. The newbies expect millions in a small period of time, point that not realistic in cryptocurrency. They must learn that crypto is volatile and learn to be patient and research the crypto you are planning to invest.
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Panic and impatient may be some of the factors why they come out from crypto. Moreover, the negative issues surrounding make them afraid. In this case, nothing to worry. Crypto will always stand there and the price will be still changing.