According to a study by Mintel, three quarters of consumers don’t see any need to change their payment preferences. Moreover, only 27 percent said they had interest in using a smartphone as a wallet. In short, there is no hurry amongst consumers to convert to mobile wallets.
Only 8 percent of consumers say they have used Apple Pay, the most popular mobile wallet, even once. Another 7 percent have used Android Pay, and just 6 percent have used Samsung Pay.
Only 17 percent of people in Mintel’s survey claimed they would switch to a different method of payment if it were clearer and easier. A similar amount of people claimed they would switch if the new payment method would make the checkout process faster and more convenient.
Topic: [ANN]🚀 OPTHERIUM🚀 Synergy of Blockchain solutions - page 179. (Read 77258 times)
Mobile wallets struggling
Just a couple years ago, many people including the banking industry and businesses predicted that mobile wallets would quickly replace cash and plastic cards. However, mobile wallets haven't exactly taken off; consumers just don’t seem interested. The reality is that mobile wallets still have a long way to go.
What problems do mobile wallets solve?
From the consumer’s perspective, not much. Consumers usually don’t like change and see no need to switch to a different payment method unless there’s a clear and exciting benefit.
For most consumers, using cards is convenient and straightforward. That’s why credit and debit cards are still the most popular method of payment, especially for online purchases.
This year has become a difficult year for the crypto-currency markets, which leads to the development of pessimistic sentiments, which do not allow us to develop.
You are right, now the whole market is red. But let's hope that this is a temporary phenomenon and will eventually pass, as in the past times.Such jumps are a common phenomenon for the crypto-currency market. It's just unpleasant when red waves are too often in a protracted period.
That's right. It's time for mine to make purchases. Look at the price of the etherium, it will be 3 times higher in a few months
I hope to belive in it. But the matter is that many ICO convert money to fiat and sell a lot of ethereum. That is why the price fall down.
No wonder the red market - for purchases, green - for sales. On the red market it is not profitable to sell your coins, it is better to purchase.
Emotions control the market. The news influence the market. And it is realy very hard for the people to control the emotions especialy when the news are bad and price fall down.
To learn how to control your emotions at the time of trading with a crypto currency and correctly analyze bad and good news, you need to trade on the exchange for more than one year.
I remember how one novice investor told me that he bought a coin, and she fell in price on the second day. So he first sold all the coins, then changed his mind and bought them again. But the loss already incurred.
This behavior suggests that this investor did not have an investment plan. He bought and sold coins in a chaotic order. With this approach, he will often trade at a loss.
Therefore, for myself, I decided that I buy coins only for a long time. Otherwise, my emotions are failing me)
No wonder the red market - for purchases, green - for sales. On the red market it is not profitable to sell your coins, it is better to purchase.
Emotions control the market. The news influence the market. And it is realy very hard for the people to control the emotions especialy when the news are bad and price fall down.
You're right. When an inexperienced investor sees that the coin he bought has fallen by 30 or 40%, he starts to get nervous and that to save at least part of the funds is selling
I remember how one novice investor told me that he bought a coin, and she fell in price on the second day. So he first sold all the coins, then changed his mind and bought them again. But the loss already incurred.
I think that every novice trader or investor had a similar situation. panic is a bad help
No wonder the red market - for purchases, green - for sales. On the red market it is not profitable to sell your coins, it is better to purchase.
Emotions control the market. The news influence the market. And it is realy very hard for the people to control the emotions especialy when the news are bad and price fall down.
To learn how to control your emotions at the time of trading with a crypto currency and correctly analyze bad and good news, you need to trade on the exchange for more than one year.
No wonder the red market - for purchases, green - for sales. On the red market it is not profitable to sell your coins, it is better to purchase.
Because these novice traders have not yet developed the patience, which is so necessary in the case of trading crypto-currencies. But this is fixable. If you control yourself, then eventually the patience will be worked out.
This is from the point of view of investors and traders. From the market's point of view, there is investment activity to accelerate the development of the economy, trader activity - to increase liquidity and to pay off volatility in the market.
On the other hand, this time is very good to start buying up interesting crypto currencies while the price is low.
Investors can only buy at low prices. On the fall, they can not earn, but can to prepare for a good profit in future.
Traders make money in a volatile market. It does not matter whether the asset is growing or falling, it is important that the price changing.
I agree that traders make money on volatily market. Also traders makes money on the differents of the price of cryptocurency and tokens on different exchangers. Tradars have more opportuninies to make money.
On the other hand, this time is very good to start buying up interesting crypto currencies while the price is low.
Investors can only buy at low prices. On the fall, they can not earn, but can to prepare for a good profit in future.
Traders make money in a volatile market. It does not matter whether the asset is growing or falling, it is important that the price changing.
I agree that traders make money on volatily market. Also traders makes money on the differents of the price of cryptocurency and tokens on different exchangers. Tradars have more opportuninies to make money.
Now the market is really in the fall and many traders are panicking. But we have seen this more than once. If there is a drop, then there will be growth)
. It is difficult to wait, especially if we assume that the fall may continue for several more months.I think traders do not panic, but they are glad of such volatility and opportunities to make money on the fall.
On the other hand, this time is very good to start buying up interesting crypto currencies while the price is low.
Investors can only buy at low prices. On the fall, they can not earn, but can to prepare for a good profit in future.
Traders make money in a volatile market. It does not matter whether the asset is growing or falling, it is important that the price changing.
This year has become a difficult year for the crypto-currency markets, which leads to the development of pessimistic sentiments, which do not allow us to develop.
You are right, now the whole market is red. But let's hope that this is a temporary phenomenon and will eventually pass, as in the past times.Such jumps are a common phenomenon for the crypto-currency market. It's just unpleasant when red waves are too often in a protracted period.
Hope sone they will have an ICO. They alredy have a bounty and aidrop and they thave a mobile walllet on iOS. Hope soon it will be ICO.
It is clear that the OPTHERIUM team will hold its ICO. To this end, she came to this forum, created a topic and organized a large-scale advertising campaign. The fact that there will be a sale of tokens is written in the White Paper of the project.
You are right, everyone knows this rule, but emotions are bad adviser. In order to succeed, it is necessary to separate emotions from trade.
I remember how one novice investor told me that he bought a coin, and she fell in price on the second day. So he first sold all the coins, then changed his mind and bought them again. But the loss already incurred.
This behavior suggests that this investor did not have an investment plan. He bought and sold coins in a chaotic order. With this approach, he will often trade at a loss.
No wonder the red market - for purchases, green - for sales. On the red market it is not profitable to sell your coins, it is better to purchase.
Emotions control the market. The news influence the market. And it is realy very hard for the people to control the emotions especialy when the news are bad and price fall down.
You're right. When an inexperienced investor sees that the coin he bought has fallen by 30 or 40%, he starts to get nervous and that to save at least part of the funds is selling
I remember how one novice investor told me that he bought a coin, and she fell in price on the second day. So he first sold all the coins, then changed his mind and bought them again. But the loss already incurred.
Now the market is really in the fall and many traders are panicking. But we have seen this more than once. If there is a drop, then there will be growth)
. It is difficult to wait, especially if we assume that the fall may continue for several more months.I think traders do not panic, but they are glad of such volatility and opportunities to make money on the fall.
This is possible when available money is available. And if everyone in the crypto currency is invested, then at the moment it is not profitable to sell coins for sale.
In such moments it is profitable to buy! Only in this course there is a risk but the profit can be huge
Through this red market, I have not had a warrant for sale this week. And there is no free money to buy a new lot of crypto currency. It's sad.
No wonder the red market - for purchases, green - for sales. On the red market it is not profitable to sell your coins, it is better to purchase.
Emotions control the market. The news influence the market. And it is realy very hard for the people to control the emotions especialy when the news are bad and price fall down.
You're right. When an inexperienced investor sees that the coin he bought has fallen by 30 or 40%, he starts to get nervous and that to save at least part of the funds is selling
People lose their money and I can understand them. The bigest panik make and inexperience investors the experience one can wait pe patient and wait a good moment.
Jump to: