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Author Topic: What do you fear the most about crypto  (Read 13308 times)

Offline ayatoslaw

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Re: What do you fear the most about crypto
« Reply #60 on: December 10, 2020, 02:15:12 AM »
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.
Actually you don't need to trade if you fail frequently and have lost a lot of money.
You can come up with a "Buy and Hold" investment strategy. as long as you buy coins that have a large market cap and are not greedy, I am sure that sooner or later your losses will be covered and you will get thousands of dollars.

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Re: What do you fear the most about crypto
« Reply #60 on: December 10, 2020, 02:15:12 AM »

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Offline labonikhatun

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Re: What do you fear the most about crypto
« Reply #61 on: December 10, 2020, 05:20:30 AM »
If you become greedy it is normal to bring loss in business you follow the trading strategies and signals of trading or trading there will be no fear of using cryptocurrency and it will be possible to make a lot of profit in the long run. Start with a small amount and gradually increase the amount.

Offline Noverteno

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Re: What do you fear the most about crypto
« Reply #62 on: December 10, 2020, 06:14:17 AM »
Now information has already appeared that at the next summit of the G7 countries they can again discuss the issue of strengthening the regulation of cryptocurrency and one of the proposed measures for such strengthening may be proposed to prohibit citizens from having cryptocurrency wallets.  This, in fact, would mean a ban on the use of cryptocurrency.  I do not know how states can control this possible decision, but I would not like it to come to this.

Offline Riseback

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Re: What do you fear the most about crypto
« Reply #63 on: December 10, 2020, 01:13:15 PM »
I am most afraid of losing my funds due to my own inattention. In cryptocurrency, the user is fully responsible for storage. This is both good and bad

Offline Galley

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Re: What do you fear the most about crypto
« Reply #64 on: December 10, 2020, 06:47:10 PM »
I hope the market situation next year will be a continuation of 2020. I would not like to see a situation three years ago when our optimistic moods were overshadowed by a protracted decline in the entire crypto market almost immediately after the New Year holidays. Let's hope for the best.

Offline The Legend

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Re: What do you fear the most about crypto
« Reply #65 on: December 10, 2020, 08:08:03 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.

I am scared about it too. On 2019 I was invested all of my portfolio on YANU project. But till now on their group they doesn't have any movement. It was a AI robot related project. Even I have contacted their ceo for giving my money back but they didn't. So for me it was the last time to invest on a project. Form then I never believed on a single project, don't want to carry that loss again. :(

Offline bigcash2011

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Re: What do you fear the most about crypto
« Reply #66 on: December 10, 2020, 10:06:07 PM »
Yes, i have similar fears and being relatively new market crypto will be facing these risks and scams for a while because you cannot fully trust an exchange, wallet and other services as we have seen them scamming users out of nowhere. So yes there are risks and that is the main fear of the user in the market.

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Re: What do you fear the most about crypto
« Reply #66 on: December 10, 2020, 10:06:07 PM »


Offline Seerge

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Re: What do you fear the most about crypto
« Reply #67 on: December 10, 2020, 10:54:05 PM »
There is nothing to fear in this Cryptocurrency, because actually from the start we already know that Cryptocurrency has a high risk, be it Crypto trading or Crypto investing. 
And if you are afraid in this Cryptocurrency you should just leave it, all of that is a risk so whatever happens we must be prepared.

Offline Andruha1993

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Re: What do you fear the most about crypto
« Reply #68 on: December 11, 2020, 06:44:11 AM »
I am also most afraid of crypto when the market starts to turn red and I am scared to watch when I lose hundreds of dollars in a few minutes.
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Re: What do you fear the most about crypto
« Reply #69 on: December 11, 2020, 08:14:04 AM »
I don't understand about Cryptocurrency future values hence I fear to keep Cryptocurrency in my wallet. After getting crypto I always busy to sell.

In my opinion before you are busy selling your tokens. You should search your tokens if that is promising and have a good future. Then decide to sell or hold some just to prepare yourself for the future increase.
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Offline Istiak

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Re: What do you fear the most about crypto
« Reply #70 on: December 11, 2020, 10:16:37 AM »
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.

People are more educated now so I think it's not very hard to identify a scam or low-quality project. But the truth is right now scam projects are giving higher profit by market manipulation. So you can do small trade to earn some extra profit but holding a scam project for a long time is not a smart idea.
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Offline Michael.sol

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Re: What do you fear the most about crypto
« Reply #71 on: December 11, 2020, 05:06:12 PM »
Every crypto trader have only one fear " that's is loss of their fund " . I have fear while I make a plan to invest my fund into newly launched coin . A experienced as well knowledgeable trader never fear when they make traders on different different coins . we must try to getting good knowledge inorder to avoid fear  ;) .

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Re: What do you fear the most about crypto
« Reply #72 on: December 11, 2020, 05:48:18 PM »
Losing money in Cryptocurrency is definitely feared by everyone, and that's how I feel too. But for some people, losing money in Cryptocurrency has become commonplace. I am a small trader, with this small capital I don't want to lose it. Because if my money is lost then I can't trade anymore, and have to wait a long time to get capital to trade again.

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Re: What do you fear the most about crypto
« Reply #73 on: December 11, 2020, 08:46:56 PM »
It is really scary sometimes. I personally tie my crypto gains to real life bills I pay, it hurts sometimes when one is ready to sell and the price will be low. It. Is quiet disappointing
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Re: What do you fear the most about crypto
« Reply #74 on: December 13, 2020, 01:53:34 PM »
I am most afraid of losing my funds due to my own inattention. In cryptocurrency, the user is fully responsible for storage. This is both good and bad
Complete agreement. If a person inadvertently loses their private key, they lose their money. Even the police will not be able to help him, and he must calculate the criminals from transactions himself.

 

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