What were your FEAR on cryptocurrency and investing on it?

[Crypto Library]

At one time, the fear I had in crypto currencies was that if a coin like Bitcoin dropped to $15k, would it ever rise to $69k again? This was my idea about the bitcoin in 2021 when I was completely new to the crypto world.
But later I realized that the Bitcoin market runs on a certain cycle and for this, I now have only one fear and that is if I sell my Bitcoins, then if it pumps again later, I will miss out on some extra profit. And I am also seeing that here I also get into FUD.  These were my the first fear in Cryptocurrency now.

[Dr.Bitcoin_Strange]

I remember someone yelling on YouTube and telling people that Bitcoin and crypto are scams and he wants to debate to anyone who promotes BTC.
Now that the price was increased and more people are investing, I don't know what he can react to at this current price, and people are more interested in investing more in crypto. I can't blame them since they are newbies about crypto, but yelling about Bitcoin and crypto in public seems like a pretty bad idea, pushing people to believe that Bitcoin and crypto are scams. Not all cryptos are scams; there are some of them, but not all. He needs to do research first and study about Bitcoin and the whole crypto before randomly yelling in the public without knowledge.

Well you should make peace with the fact that people are always entitled to their own personal opinions, not just in cryptocurrency or in Bitcoin but also in other areas of life, people would always publicly say what they believe. It might interest you to know that even some of those people are/were canvassing online about Bitcoin may not actually even believe that it’s actually a scam but are only saying those misleading things online just to make engagements online or gain traction on their website or social media platforms.
Don’t be surprised that even at the current price of Bitcoin, there’ll also be people who would still say that Bitcoin would not exceed its current ATH but would rather begin to dip. In the long run, it’s their opinion and they’re entitled to it and cannot be robbed of it.

[_act_]

What are the things that you feared and doubted when you started in cryptocurrency?

My first fear was how to learn crypto and the second one was how to get the financial assistant needed to start investing, while the last one i fear most was on how to avoid losing my investment on the crypto asset i've chosen, undoubtedly, these are also found to be the most common of what we see among those starting new in cryptocurrency, but now that i've learnt more about crypto, i can be able to invest without fear on missing out since i have the knowledge of what am doing and could make it right unlike when i started new.

[lepbagong]

What are the things that you feared and doubted when you started in cryptocurrency?

My first fear was how to learn crypto and the second one was how to get the financial assistant needed to start investing, while the last one i fear most was on how to avoid losing my investment on the crypto asset i've chosen, undoubtedly, these are also found to be the most common of what we see among those starting new in cryptocurrency, but now that i've learnt more about crypto, i can be able to invest without fear on missing out since i have the knowledge of what am doing and could make it right unlike when i started new.

It seems that what you said from the beginning is, of course, very fundamental for everyone who follows Crypto and that is a common thing to do, but from all that you say, what I fear most is the loss of investment that we have saved well but can be hacked by irresponsible people.
So everything we have collected just disappeared in a blink of an eye, and we can only regret because all of that from our negligence is not because of other problems. For this reason, knowledge is very important before stepping on Crypto.

[alltalk]

At one time, the fear I had in crypto currencies was that if a coin like Bitcoin dropped to $15k, would it ever rise to $69k again? This was my idea about the bitcoin in 2021 when I was completely new to the crypto world.
But later I realized that the Bitcoin market runs on a certain cycle and for this, I now have only one fear and that is if I sell my Bitcoins, then if it pumps again later, I will miss out on some extra profit. And I am also seeing that here I also get into FUD.  These were my the first fear in Cryptocurrency now.

It was normal that you feel afraid if Bitcoin dropped to a very low price. When I was a newbie in 2018, I also feel afraid if Bitcoin suddenly disappeared due to the bans of the governments around the world. But since the government also begins to invest in Bitcoin, it is impossible that they ban the Bitcoin now. Moreover US government seems to start to have their own Bitcoin reserve, it is clear sign hat Bitcoin will have great future. Also, we must be aware that there are too many big companies in the world that are joining Bitcoin investment, too. With this condition, it is impossible to see Bitcoin around $15k anymore since its ATH is above $100k recently.

[vegasus]

At one time, the fear I had in crypto currencies was that if a coin like Bitcoin dropped to $15k, would it ever rise to $69k again? This was my idea about the bitcoin in 2021 when I was completely new to the crypto world.
But later I realized that the Bitcoin market runs on a certain cycle and for this, I now have only one fear and that is if I sell my Bitcoins, then if it pumps again later, I will miss out on some extra profit. And I am also seeing that here I also get into FUD.  These were my the first fear in Cryptocurrency now.

This is a natural thing when it is new and has never experienced a bearish period before. I was the same, so scared that sometimes we panic sell. and this may also apply to people who are new to crypto.

However, over time, when we start to understand and are also active in forums like this, we gain more experience and knowledge about Bitcoin patterns from bearish to bullish which are also followed by altcoins.

Another fear is when I become greedier at the peak of the bullish period later where I lose control and become greedy when I take profits, until finally I end up losing the moment.

[bitterguy28]

Another fear is when I become greedier at the peak of the bullish period later where I lose control and become greedy when I take profits, until finally I end up losing the moment.

it’s normal to be scared of losing an opportunity as we know that in this industry timing is very crucial and chances sometimes don’t come our way the second time but we should not be scared of our greed because it’s something we can control and manage we need to be able to bring ourselves back down if we feel like we are aiming too high if you are a stable person this would come easy because you can think objectively and logically

[BullTrader]

When I started my journey in the world and market of cryptocurrency, I felt many fears which many times even held me back to be bold and possibly reap more profits...but at the same time fear held me back from being victimized by scams and frauds.

People who are not tech-savvy can be afraid looking even at the long crypto wallet address and that possibility of making a simple but uncorrectable mistake that can transform something into zero.

What are the things that you feared and doubted when you started in cryptocurrency?

I'm scared of loosing money that I worked hard for.. it's weird right?

[jeraldskie11]

When I started my journey in the world and market of cryptocurrency, I felt many fears which many times even held me back to be bold and possibly reap more profits...but at the same time fear held me back from being victimized by scams and frauds.

People who are not tech-savvy can be afraid looking even at the long crypto wallet address and that possibility of making a simple but uncorrectable mistake that can transform something into zero.

What are the things that you feared and doubted when you started in cryptocurrency?

I'm scared of loosing money that I worked hard for.. it's weird right?

All of us feel the same way as you, but it's normal because any investment has risk. What's important is that you know what you're doing, you have a plan to what you should do here in crypto. If you're planning to invest in crypto, but doesn't have idea when to invest, I am telling you it's still the best time to invest because we are still in bullish market. Don't just let your fear will be the reason why you're selling your assets at loss. For me, what I've feared a lot is transferring assets to a wrong address.

[albon]

When I started my journey in the world and market of cryptocurrency, I felt many fears which many times even held me back to be bold and possibly reap more profits...but at the same time fear held me back from being victimized by scams and frauds.

People who are not tech-savvy can be afraid looking even at the long crypto wallet address and that possibility of making a simple but uncorrectable mistake that can transform something into zero.

What are the things that you feared and doubted when you started in cryptocurrency?

I'm scared of loosing money that I worked hard for.. it's weird right?

It is never strange if you practice a lot of cryptos to gain knowledge. Since you are new to crypto first get an idea about crypto then research the investment. Invest only when you understand that your investment will be profitable. In fact, new investors suffer huge losses from first time investments due to lack of adequate knowledge. There are many members in this forum who lost their first crypto investment. So success requires hard work so invest time in crypto then find your best journey.

[Freemind]

All of us feel the same way as you, but it's normal because any investment has risk. What's important is that you know what you're doing, you have a plan to what you should do here in crypto. If you're planning to invest in crypto, but doesn't have idea when to invest, I am telling you it's still the best time to invest because we are still in bullish market. Don't just let your fear will be the reason why you're selling your assets at loss. For me, what I've feared a lot is transferring assets to a wrong address.

It may (or may not, since it depends on each point of view) be a good time to invest, but I think what's more important than when (since the market usually offers new opportunities), is where. Fewer and fewer projects appear on the market that may be worth the risk and investment, we continue to see many scams, abandoned projects, memecoins and also projects that simply copy something that already exists. Fortunately, we still have some “safe” values ​​​​like Bitcoin and Ethereum (and very few others), although the latter, to a lesser extent and overshadowed by Bitcoin.

So the decision can be more or less clear, it all depends on our investment capacity, our patience and the market. And these decisions must be thought with a cold mind.

[Azharul]

When I started my journey in the world and market of cryptocurrency, I felt many fears which many times even held me back to be bold and possibly reap more profits...but at the same time fear held me back from being victimized by scams and frauds.

People who are not tech-savvy can be afraid looking even at the long crypto wallet address and that possibility of making a simple but uncorrectable mistake that can transform something into zero.

What are the things that you feared and doubted when you started in cryptocurrency?

I'm scared of loosing money that I worked hard for.. it's weird right?

All of us feel the same way as you, but it's normal because any investment has risk. What's important is that you know what you're doing, you have a plan to what you should do here in crypto. If you're planning to invest in crypto, but doesn't have idea when to invest, I am telling you it's still the best time to invest because we are still in bullish market. Don't just let your fear will be the reason why you're selling your assets at loss. For me, what I've feared a lot is transferring assets to a wrong address.

Actually, we know that cryptocurrency and investing twice is also very important for earn best profit. We also believe that investing is also including in crypto currency would. We also know that investment is also one of the best earning way in crypto currency market. If we want to invest in crypto currency market, we should be understand in cryptocurrency market first, because if we select proper crypto I think that it will be very helpful for us.

[lepbagong]

When I started my journey in the world and market of cryptocurrency, I felt many fears which many times even held me back to be bold and possibly reap more profits...but at the same time fear held me back from being victimized by scams and frauds.

People who are not tech-savvy can be afraid looking even at the long crypto wallet address and that possibility of making a simple but uncorrectable mistake that can transform something into zero.

What are the things that you feared and doubted when you started in cryptocurrency?

I'm scared of loosing money that I worked hard for.. it's weird right?

All of us feel the same way as you, but it's normal because any investment has risk. What's important is that you know what you're doing, you have a plan to what you should do here in crypto. If you're planning to invest in crypto, but doesn't have idea when to invest, I am telling you it's still the best time to invest because we are still in bullish market. Don't just let your fear will be the reason why you're selling your assets at loss. For me, what I've feared a lot is transferring assets to a wrong address.

Actually, we know that cryptocurrency and investing twice is also very important for earn best profit. We also believe that investing is also including in crypto currency would. We also know that investment is also one of the best earning way in crypto currency market. If we want to invest in crypto currency market, we should be understand in cryptocurrency market first, because if we select proper crypto I think that it will be very helpful for us.

Any investment that we make can certainly always be risky and in crypto, but by understanding well everything we everything we will invest in, there will be a minimization of losses that can occur.
Currently, understanding crypto is very easy to get from the available forums, so that investing in crypto is very promising to be able to get profits if we want to study crypto well beforehand.

[taufik123]

-snip-
Currently, understanding crypto is very easy to get from the available forums, so that investing in crypto is very promising to be able to get profits if we want to study crypto well beforehand.

Yes, crypto knowledge can be obtained very easily anywhere today, it's just a matter of how one wants to learn and understand it. Investments can be very promising with high profits, but they will also be a place of great losses if they cannot be managed properly. Because many beginners just want quick profits but in the end will only end up with losses.

[Z-tight]

I'm scared of loosing money that I worked hard for.. it's weird right?

It is not weird, what would be weird is being happy to lose money you worked hard for. Everyone is scared to lose their money, that is why research is important. If you buy any coin, without doing any research, chances are high you will lose money, this is why i mostly buy only BTC and coins that have utility.