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Author Topic: What do you fear the most about crypto  (Read 13295 times)

Offline babu10

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Re: What do you fear the most about crypto
« Reply #120 on: December 26, 2020, 02:32:52 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.

 ;D ;D Fear is everywhere. But you have to invest carefully. Here, there are chance to gain and same as lose. So if you stay home by thinking of lose you could not gain anymore. So you have to take risk and gradually you will be successful man.

thanks.

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Re: What do you fear the most about crypto
« Reply #120 on: December 26, 2020, 02:32:52 PM »

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Offline tor

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Re: What do you fear the most about crypto
« Reply #121 on: December 26, 2020, 02:57:46 PM »
Perhaps from the fears that may be associated with cryptocurrency, I would single out the fact that you can completely lose access to your wallet and the inability to restore access to it

Offline Lanirex

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Re: What do you fear the most about crypto
« Reply #122 on: December 26, 2020, 03:03:17 PM »
In Cryptocurrency we have to be prepared for all the risks that are here, so do the best for yourself. Everyone must be afraid of losing their assets in Cryptocurrency, therefore protect your assets properly. I myself will also be sad if I lose my Crypto assets.

Offline labonikhatun

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Re: What do you fear the most about crypto
« Reply #123 on: December 26, 2020, 03:03:58 PM »
I agree that there is nothing to fear about crypto when using crypto if no one knows the access to one's wallet and does not share personal information with anyone no one will be able to hack and there will be no need to recover. If there is any possibility of losing you should try to stay away from those sites go ahead with your own knowledge and experience.

Offline Arkann

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Re: What do you fear the most about crypto
« Reply #124 on: December 26, 2020, 03:56:12 PM »
I agree that there is nothing to fear about crypto when using crypto if no one knows the access to one's wallet and does not share personal information with anyone no one will be able to hack and there will be no need to recover. If there is any possibility of losing you should try to stay away from those sites go ahead with your own knowledge and experience.
The government is starting to step on the heels of all cryptocurrency users. they are tightening the rules every hour and want to force all resources, including cryptocurrency exchanges, to identify every user who deals with cryptocurrency and makes a good income. This really should be feared.

Offline Andruha1993

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Re: What do you fear the most about crypto
« Reply #125 on: December 27, 2020, 07:52:17 AM »
You need to beware of scammers. Write down all your phrases and private keys on paper, not on a computer or phone. In cryptocurrency, I'm only afraid of scammers. Therefore, I advise you to be careful.
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Re: What do you fear the most about crypto
« Reply #126 on: December 27, 2020, 03:38:05 PM »


Offline wxxyrqa

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Re: What do you fear the most about crypto
« Reply #127 on: December 27, 2020, 03:54:39 PM »
all are afraid of losing, but if you don't want to lose, invest in previously developed coins, don't get new tokens, and rely on Fomo, especially now the trend is defi projects, if you are not objective and selective you will enter the same hole
The main thing is not to invest in all projects in a row or in the first DeFi project that comes along, because with this approach to your investments, you can definitely lose your capital. I believe that with a fairly rigorous analysis, you can choose a DeFi project that will give you a very decent income.

Offline EmoneyABC

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Re: What do you fear the most about crypto
« Reply #128 on: December 28, 2020, 05:38:16 AM »
Three things volatility, regulations and taxes.

All three makes are bad, some of them already, like volatility and taxes and some may be like regulations but still keep me thinking and worrying about this.

Still, I am pretty convinced that no matter what crypto already changed the world.
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Offline TERMINO

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Re: What do you fear the most about crypto
« Reply #129 on: December 28, 2020, 11:07:25 AM »
Three things volatility, regulations and taxes.

Regulations with volatility system in taxable profit is annoying. Tax is helpful but harmful once you've lost your money in crypto trading and need to pay tax. Volatility is the most fearful in crypto place due to in peak now dump later.
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Offline smart_oa

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Re: What do you fear the most about crypto
« Reply #130 on: December 28, 2020, 01:14:17 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.
My biggest fear would be invested in a scam project. Sometimes we make bad decisions even we have done enough research not to. I think it's normal but I do not want to lose a lot of my money on these. But we can not change our luck so we can try and hope this would never happen.

Offline GREENch85

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Re: What do you fear the most about crypto
« Reply #131 on: December 28, 2020, 01:32:33 PM »
For me, the crypto industry has gradually moved from the category of passive income to the category of a hobby. And if one day it all stops, then I will have one less hobby.

Offline tonymillions84

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Re: What do you fear the most about crypto
« Reply #132 on: December 28, 2020, 04:45:34 PM »
I have not recovered from my lost on compound.finance. cover protocol got hacked and price has falled below unexpected level. this crypto thing is quite frustrating and can easily waste someone interest and commitment in crypto. last month i lost my money in the compound scam, today i lost again in cover protocol. How then do we succeed in this planet earth. 
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Offline Confero

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Re: What do you fear the most about crypto
« Reply #133 on: December 31, 2020, 03:42:49 PM »
I don't know what other people are afraid of in this Cryptocurrency, but I am personally very afraid of losing my crypto assets. I realize that this cryptocurrency has a high risk, but that feeling can't go away and I really don't want that to happen to me.

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Re: What do you fear the most about crypto
« Reply #134 on: December 31, 2020, 04:07:22 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.

You are right bro, we must be careful about investing. I also used my salary for investing and several I used for daily trading. But I think No business no risk, Crypto currency is high volatile although they are profitable too.
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