Topic: Confidence in Cryptocurrency - page 15. (Read 53189 times)
Regulations may be able to foster investor confidence in cryptocurrency, it will make cryptocurrency conditions more stable.
In order to increase confidence in investors, we must first reduce the scams in ico. And when the market recovers many profitable investors, the general mentality of people will return to choosing to trust the market.
Nothing can stop scammers, they will always be there as long as there is money, the thing we can do is do detailed analysis and research before investing in crypto.
In order to increase confidence in investors, we must first reduce the scams in ico. And when the market recovers many profitable investors, the general mentality of people will return to choosing to trust the market.
The security issue is one of the main ones in cryptocurrency, if not the main one. This requires regulators and a clear legislative framework, and it is not and most likely will not be for a long time.
Of course security is the most important thing, if it is not safe then there are no people who want to invest crypto, besides security other features are anonymous because the presence of KYC makes investors afraid to place their money so that the market drops.
The security issue is one of the main ones in cryptocurrency, if not the main one. This requires regulators and a clear legislative framework, and it is not and most likely will not be for a long time.
This year I am optimistic to focus on mining new coins and buy top ranked coins, I will invest around $ 100 of my monthly salary to buy crypto and hope to get rich someday.
I think to restore investors' confidence and make them involve in cryptocurrency is that concerned authorities should bring clear policy about cryptocurrency. Around 10 years since the first bitcoin was introduced, many countries and authorities are still undecided about what to do when it comes to cryptocurrency. First of all, these authorities should come up with a clear policy. Thereafter, all will be good I think.
There is confidentiality in cryptocurrency. Choose projects like Veil and you will not be traced. You will be charging millions. And hide money from ex-wives.no one knows how much you have in your accounts. )
There is confidentiality in cryptocurrency. Choose projects like Veil and you will not be traced. You will be charging millions. And hide money from ex-wives.
the first is the crypto regulation. because we know now that crypto regulation has not been fully implemented by some countries, this can foster public trust again, so the market can return to stability and many will join in as well.
I have tried to ask myself this question many times: What can be done to restore and foster investors' confidence in cryptocurrency?
There have been several incidences, most especially as regards the issues of hack of exchanges and several other forms of stolen funds, which has in turn cause down trend at some points in the crypto space.
These incidences have made a lot of people to be at their wit ends, not knowing what to do.
If I should ask everyone what can be done to foster confidence, we will all have different things to say. Nonetheless, suggestions are welcome, but before that, I just feel that regulation is part of the main language that can restore.
Aside that, if exchanges have not started the process of insuring the funds on users on their platform, it will be good they start that.
There have been several incidences, most especially as regards the issues of hack of exchanges and several other forms of stolen funds, which has in turn cause down trend at some points in the crypto space.
These incidences have made a lot of people to be at their wit ends, not knowing what to do.
If I should ask everyone what can be done to foster confidence, we will all have different things to say. Nonetheless, suggestions are welcome, but before that, I just feel that regulation is part of the main language that can restore.
Aside that, if exchanges have not started the process of insuring the funds on users on their platform, it will be good they start that.
confidence is not earned overnight especially we experienced a lot of hard times since last year and everything was depreciating. i know its hard for them to.trust for now but as a believer of crypto we should move forward and continue to share awareness to the community.
Is before i have confidence in cryptocurrency but now am losing my confident, all form scam is involved like fake project, cheating and others form.
Massive adoption of merchants and companies plus maximizing the benefit and usage of blockchain technology will boost confidence level if any investors with the current state we are still in a building process and confidence level will grow over time if people saw progress and benefits of blockchain and cryptocurrency.
Google it and you would come across so many companies around the world that are accepting Bitcoin and other cryptocurrency. This is the next form of money and the market has already a worth of more than 3 trillion dollar. Even Microsoft could not help accepting the great potential this digital economy holds. This is the future of the financial market. I think there are good days waiting for us to live in paradise. The confidence level is down and investors are afraid to make an investment to reliable projects too. Investors will not come back if crypto projects don't hit the ATH.
It seems that the 2019 market can rise and recover, many analysts believe that this year many large companies that invest in crypto are making coins and exchange, this is also evident from the very large value of daily transactions.
Indeed, investor confidence in the crypto currency is increasingly eroded so that this trust must be restored. There are several ways that can be done to re-grow investor confidence in crypto currencies, including jointly active in the market, punishing fraudsters in crypto currencies (both penalties on social media and real punishment), and providing investment insurance to investors so that they feel safe to invest. All these efforts must be carried out together and synergized because the more that plays in crypto currencies, the stability of conditions is easier to achieve.
Even though cryptocurrencies are based on blockchchain technology, whose main objective is transparency and security, we are seeing exactly opposite to this at the moment.
Due to recent situation of hacking on renowned exchanges, users have lost millions of dollars. Also everywhere there are scammers including few ico projects are trying to cheat people to grab free money.
This in turn losing the confidence among the people about cryptocurrencies.
With the introduction of regulations, situation can change. Due to regulations, responsibilities will be staying and thus only genuine projects will come.
Due to recent situation of hacking on renowned exchanges, users have lost millions of dollars. Also everywhere there are scammers including few ico projects are trying to cheat people to grab free money.
This in turn losing the confidence among the people about cryptocurrencies.
With the introduction of regulations, situation can change. Due to regulations, responsibilities will be staying and thus only genuine projects will come.
I think there are good days waiting for us to live in paradise. The confidence level is down and investors are afraid to make an investment to reliable projects too. Investors will not come back if crypto projects don't hit the ATH.
It seems that the 2019 market can rise and recover, many analysts believe that this year many large companies that invest in crypto are making coins and exchange, this is also evident from the very large value of daily transactions.
I think this is a matter of trust to crypto which you're supporting. That's why I prefer to stick with coin which have interesting agenda (like FuturoCoin or Dash, which have an amazing contact with community) with which I'm able to identify by myself rather than to see in crypto only a source of money
Regulation isn't the main language here what we should clamor for is institutional adoption. Now big companies like Samsung and Apple are considering using Blockchain tech. Samsung specially might launch her own tokens such actions breeds trust and pulls the masses.
one of the events that could push up the prices of cryptocurrencies would be fewer rises in the prices of cryptocurrencies. If the market were to become less volatile, whether as a result of regulation or the increase in volume generated by large investors, other investors would feel more comfortable putting their money in too. Prices won't rise as dramatically, but the increase in demand would put up prices gradually. It won't be quite as exciting but the profits will be easier.
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