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Author Topic: What do you fear the most about crypto  (Read 13124 times)

Offline Rafiq

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Re: What do you fear the most about crypto
« Reply #105 on: December 23, 2020, 06:14:49 PM »
The world of cryptocurrency is actually slippery and very unstable. There is always fear and panic, there is anxiety. In most cases, large whales are marketed here. I think those involved in crypto need to understand the character of the market, the currency they will invest in or the project they will be promoting.
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Re: What do you fear the most about crypto
« Reply #105 on: December 23, 2020, 06:14:49 PM »

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Offline Falcon

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Re: What do you fear the most about crypto
« Reply #106 on: December 24, 2020, 10:49:19 AM »
To invest in cryptocurrency you must have a good knowledge of this subject.  You can never make a profit by investing in cryptocurrency without good knowledge of coins.  Because there are a lot of scam projects out there that you need to have a good idea about.

Knowledge is a must before trying to invest. If you invest in any project without knowledge about scam and legit one. Possible to invest in scam project. Knowledge can save your money from scammers.

Offline nelson4lov

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Re: What do you fear the most about crypto
« Reply #107 on: December 24, 2020, 06:56:52 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.
    The volatility of the crypto market is what makes every crypto investment risky aside from investing in a scam project, the possibility of your thousands of dollars turning into hundreds in crypto is real cause just one bad news is what it's going to take for that to happen, just take xrp for example after they secs filed a lawsuit against them, the price of Ripple dumped heavily, the crypto market volatility is one of the reason why most people are weary of crypto.
    « Last Edit: December 24, 2020, 07:01:54 PM by nelson4lov »
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    Offline Carbitcoin

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    Re: What do you fear the most about crypto
    « Reply #108 on: December 24, 2020, 07:16:51 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.
      The volatility of the crypto market is what makes every crypto investment risky aside from investing in a scam project, the possibility of your thousands of dollars turning into hundreds in crypto is real cause just one bad news is what it's going to take for that to happen, just take xrp for example after they secs filed a lawsuit against them, the price of Ripple dumped heavily, the crypto market volatility is one of the reason why most people are weary of crypto.
      Ripple has opened a criminal case against the company and the court will consider the CES lawsuit and I believe that the company has a very difficult time.
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      Offline I-Bit

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      Re: What do you fear the most about crypto
      « Reply #109 on: December 24, 2020, 11:43:16 PM »
      The most fear about crypto is being panic everytime the price is going higher or even lower untul dropped. Sometimes, managing the emotion is very difficult, not as easy as managing our funds and portfolio. That is why we must be ready for ourself' convenience and also the market codnition

      Offline hushpupppy

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      Re: What do you fear the most about crypto
      « Reply #110 on: December 24, 2020, 11:47:49 PM »
      The first and most important thing about crypto currency is that you have to totally eliminate fear; having fear cannot make you profitable in crypto currency because you end up making panic decisions every now and then. Focus on the basics of crypto currency, invest, earn, take profits and support the adoption.

      Offline Freemind

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      Re: What do you fear the most about crypto
      « Reply #111 on: December 25, 2020, 06:41:03 PM »
      @hushpupppy what you just said is the most basic concept. Unfortunately it doesn't work for everyone, fear sometimes (not always) makes you make good decisions too, I personally know people who were very close to bankruptcy when investing in cryptocurrencies, fortunately fear stopped them and they sought the advice of people with more experience.
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      Re: What do you fear the most about crypto
      « Reply #111 on: December 25, 2020, 06:41:03 PM »


      Offline The Legend

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      Re: What do you fear the most about crypto
      « Reply #112 on: December 25, 2020, 08:07:04 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.
      Ear
      Same thing happens to me in this year. I was opened a future trade on YFI with 800 dollar. And for some uncertain reason my position got liquidated. May be because of manipulation, it was a long red candle and I have lost everything. But we have to accept it, some day you can earn huge and some days you will loose huge.

      Offline disconnectme

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      Re: What do you fear the most about crypto
      « Reply #113 on: December 25, 2020, 08:14:11 PM »
      My fear is Bitcoin getting hacked, if this happens then this could be the beginning of the end for the whole space. I believe that anything hackable would be hacked is a matter of time and if there is any vulnerability in the Bitcoin network it would be found and this would bring the whole space down, no matter which tokens or coins you are holding because investors trust would have been destroyed in the network
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      Offline codehash

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      Re: What do you fear the most about crypto
      « Reply #114 on: December 25, 2020, 11:46:53 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.

      There are more terrible things than quick money loss. Scam projects. I am constantly researching cryptocurrency projects. But I'm also very afraid of scam projects.  :-[

      Offline Cryptoz

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      Re: What do you fear the most about crypto
      « Reply #115 on: December 25, 2020, 11:54:15 PM »
      I fear about being in this crupto and involved in hype situation, panic emotion, and also taking too high risks in order to get the result. In this case, we can see how much people can really learn about the best thing to do in the crypto. But soetimes, if we make certain mistakes, we should ake it better again
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      Online robelneo

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      Re: What do you fear the most about crypto
      « Reply #116 on: December 26, 2020, 04:18:22 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.

      I have the same fear the only way we can combat this fear is to have and develop an insight into the coins that we are holding and what directions they are going, so we'll know in advance when to sell and when to hodl more, timing is crucial when you are investing here in Cryptocurrency because of the very high volatility.
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      Offline svetlana

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      Re: What do you fear the most about crypto
      « Reply #117 on: December 26, 2020, 08:50:03 AM »
      I have some concerns about new coins. I can buy them, but they will sharply lose in price. Therefore, I do not buy new tokens. And I am also worried that the cryptoasset protection system is not so perfect as to be calm about your money.

      Offline Msweet

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      Re: What do you fear the most about crypto
      « Reply #118 on: December 26, 2020, 02:06:56 PM »
      Ripple has opened a criminal case against the company and the court will consider the CES lawsuit and I believe that the company has a very difficult time.
      If such a disturbance is created in an organization, then the image and value of those organizations will be tarnished.  Those companies are no longer in the previous stage, they start to go down.

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      Re: What do you fear the most about crypto
      « Reply #119 on: December 26, 2020, 02:27:42 PM »
      If you want to invest in crypto, you have to achieve a lot of knowledge about anything special. You can benefit from the project you want to invest in the project or invest your projects if investing in that project. You have to acquire knowledge about investing that if you invest in this project, you will get something better or you will be good for investing in this project. All these things will have to achieve many knowledge.
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