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Author Topic: What do you fear the most about crypto  (Read 13098 times)

Offline Lenipiw

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Re: What do you fear the most about crypto
« Reply #45 on: December 08, 2020, 06:21:42 PM »
We need to be careful before investing. We need to know better about the cryptocurrency market. There are lots of currencies in the cryptocurrency market. There may be some scandalous projects. So we have to be careful of scam projects. Because it can be very slippery.

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Re: What do you fear the most about crypto
« Reply #45 on: December 08, 2020, 06:21:42 PM »

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Offline DogeTalk

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Re: What do you fear the most about crypto
« Reply #46 on: December 08, 2020, 06:39:30 PM »
I also experience fear when I see a bad portfolio and this includes today when the market is down. Instantly my assets experienced a huge decline and I was confused about why this was happening at a time when crypto was having its best time of the year. I can do nothing but wait for the market to recover

Offline edmundo

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Re: What do you fear the most about crypto
« Reply #47 on: December 08, 2020, 06:59:35 PM »
The likelihood of unscrupulous elements hijacking the crypto and blockchain technology into perpetrating evil and fraudulent practices. Already, we are beginning to see this happen on a regular basis going by the several exit scams that have been associated with DeFi projects recently. Am afraid we may continue to see an increase in these practices in the coming months and years.
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Offline robert20

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Re: What do you fear the most about crypto
« Reply #48 on: December 08, 2020, 07:13:15 PM »
The fearest thing about crypto is that the ever changing market it can change any time within seconds your money will go down.The market is very volatile it can change anytime. So we need to invest very wisely
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Offline robert20

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Re: What do you fear the most about crypto
« Reply #49 on: December 08, 2020, 07:15:47 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.
In that time when market was very highly profitable people started to come to crypto and invest in projects. Many people of that time got scammed by this types of projects. I couldn't invest because i didn't have any money to invest that time.

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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Offline junkimichi

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Re: What do you fear the most about crypto
« Reply #50 on: December 08, 2020, 07:29:06 PM »
When I get a scam project and I buy or invest there. It would cost me money and make a loss. Many have experienced this, especially this year because growing enthusiasts have made scamer take advantage of this condition

Offline Callisto

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Re: What do you fear the most about crypto
« Reply #51 on: December 09, 2020, 05:54:47 AM »
Of course, the worst thing is when your expectations in the market are not confirmed by your earnings on the exchanges. And you also need to be wary of scammers who unfortunately hack accounts and steal your money.

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Re: What do you fear the most about crypto
« Reply #51 on: December 09, 2020, 05:54:47 AM »


Offline Delgboke

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Re: What do you fear the most about crypto
« Reply #52 on: December 09, 2020, 06:30:33 AM »
The fear I have mostly in cryptocurrency is loosing my money in investment, when you think how long you have puting into the cryptocurrency business. One thing in life and business never invest what you can't afford to let go of the worst happens that alone can reduce the fear.
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Offline Fenix

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Re: What do you fear the most about crypto
« Reply #53 on: December 09, 2020, 07:11:07 AM »
In my opinion, now one of the worst scenarios for the development of events may be the call of states for strict regulation of the cryptocurrency.  There is already information that at the next summit of the G7 countries they can again discuss this issue and, among the proposed measures for universal adoption, the issue of prohibiting citizens from having cryptocurrency wallets will be discussed.  This will actually mean the beginning of a war of states with cryptocurrency.  There will hardly be winners in such a war, but everyone will lose.

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Offline owmivmen

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Re: What do you fear the most about crypto
« Reply #54 on: December 09, 2020, 08:49:13 AM »
If your asset goes down, you should be patient and wait until the market recovers. I admit that you have experienced the same thing with you but fear will make you unable to think calmly and easily make decisions. Better to wait or invest long term
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Re: What do you fear the most about crypto
« Reply #55 on: December 09, 2020, 09:53:36 AM »
We all know that our accounts go up and down each day. Other times, the market swings are much more volatile than usual. Checking your asset can create unnecessary stress and perhaps worse, may end up pushing you to act when you shouldn’t.

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Re: What do you fear the most about crypto
« Reply #56 on: December 09, 2020, 03:00:55 PM »
We need to learn a lot to invest in crypto. Must know well about the market. You need to know the future of each coin. What are the future plans for the coins? What are the possible outcomes? You need to know that. Need to talk to investors interested in the market. I think it is not possible to benefit without complete knowledge.

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Re: What do you fear the most about crypto
« Reply #57 on: December 09, 2020, 07:45:32 PM »
I also learned the bitter lesson by facing the same problem while holding many crypto coins in the portfolio. Honestly speaking I was also greedy for more profit and end up in just pennies instead of thousands of dollars and now waiting for a miracle to gain again So I advise every trader not to be greedy and book the profit at the right time.

Offline Jentot

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Re: What do you fear the most about crypto
« Reply #58 on: December 09, 2020, 08:07:40 PM »
The worst thing is to buy late and sell early.  A certain sense of intuition is needed here.  the feeling of lost profits usually weighs heavily (no matter what they say)
I agree with you, It's really frustrating when this happen. Because it's hard to predict what will happen in the market, making decision was really hard because you know it feels losing a profit.
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Re: What do you fear the most about crypto
« Reply #59 on: December 09, 2020, 10:54:53 PM »
Nothing actually, i m not afraid in the market and investing assets. I keep an eye on cryptocurrencies every moment. I only fear the bull run. Ha hs ha
« Last Edit: December 10, 2020, 08:26:06 AM by highnayem34 »
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