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Topic: Crypto market getting many new people. Is it good or bad for us? - page 33. (Read 36884 times)

member
Activity: 490
Merit: 11
The crypto market is getting new people everyday, Because the crypto coin trading system and the high price of bitcoin. Btcoin is being popular over the world. After hitting 19K USD, Lots of people came here and more people is coming in the crypto platform. But, is it good news for us or bad? What do you think?

    Having a big crowd in the market is a good sign to cryptocurrency because they are potential to be an investor in crypto someday, when they have already idea and understand how to invest in crypto industry, and the best things to do is to attract them for investment,though  having many investors will help the market to recover.
member
Activity: 336
Merit: 15
“Revolutionising Marketing and Loyalty”
This is good news for us. The more people learn what blockchain and cryptocurrencies are, the more investments in this sphere - the more capitalization. This means that our assets, in which we have invested now, will grow in value. Isn't great?
newbie
Activity: 123
Merit: 0
If the percentage of people grows and develop it will affects the total development of cryptocurrency business and it is also good for us because it helps the prices of all crypto coins high because of the increase of adaptions and also the popularity of cryptocurrency business will be more attracted because of rapid increase of people wants to join.
newbie
Activity: 168
Merit: 0
actually, i think it's good. even if many people are only here to make money. but it also means that more and more people know crypto and that's good.
full member
Activity: 608
Merit: 100
This is not at all bad because most people who invest in the crypto currency are hoping for a quick profit and luck, but this will not be!
sr. member
Activity: 1022
Merit: 264
The crypto market is getting new people everyday, Because the crypto coin trading system and the high price of bitcoin. Btcoin is being popular over the world. After hitting 19K USD, Lots of people came here and more people is coming in the crypto platform. But, is it good news for us or bad? What do you think?

I think its good , because more and more people start to learn what is blockchain / crypto and other related stuff about it . So in future it would be more easy for people to spend/accept crypto . Its like internet in 1994 or email. Alot of people was sceptic against e-mail , internet stuff . But look where we are now , every business uses e-mail , almost every person got e-mail . Just check out this video https://www.youtube.com/watch?v=UlJku_CSyNg
newbie
Activity: 182
Merit: 0
Market will obviously gain benefit from high people joining, we must be happy and proud about that goal; it's really a huge step forward for cryptos acceptance
sr. member
Activity: 503
Merit: 250
The crypto market is getting new people everyday, Because the crypto coin trading system and the high price of bitcoin. Btcoin is being popular over the world. After hitting 19K USD, Lots of people came here and more people is coming in the crypto platform. But, is it good news for us or bad? What do you think?

Certainly, this is good for the crypto world as a whole. The only "bad" thing is that most people are not pre-informing what the crypto currencies are, and that's why there are appear a lot of scams with crypto. Which has a bad effect on the reputation of the crypto world.  Smiley
full member
Activity: 602
Merit: 106
New people are a good thing, with them also comes fresh money Cheesy. But, we really have to attract the ones who don't have weak hands and with a little dip, they start panic selling everything they own.
full member
Activity: 490
Merit: 102
Any technologies or projects that you love are always great to be known by many people, no matter if the feedback is positive or negative.
full member
Activity: 546
Merit: 100
The crypto market is getting new people everyday, Because the crypto coin trading system and the high price of bitcoin. Btcoin is being popular over the world. After hitting 19K USD, Lots of people came here and more people is coming in the crypto platform. But, is it good news for us or bad? What do you think?
It seems to me that it's good when new people come to the crypto market, regardless of whether they have the money to invest or not. Over time, all these people can become investors and capitalization and the crypto exchange rate will grow.
member
Activity: 490
Merit: 11
I think the more people who know crypto will be a good sign because. More and more investors, whether big or small, will boost the crypto market. The world will accept it sooner.
full member
Activity: 448
Merit: 100
The crypto market is getting new people everyday, Because the crypto coin trading system and the high price of bitcoin. Btcoin is being popular over the world. After hitting 19K USD, Lots of people came here and more people is coming in the crypto platform. But, is it good news for us or bad? What do you think?

With new investors, the prices of the cryptocurrencies rise and also the volume and cap of the market too. So, in my opinion, new people in trading are good for the crypto traders, especially for the holder ones.
newbie
Activity: 124
Merit: 0
It is good news because the bigger imthe community is, the greater it is. With large community it can create a good effect in the market specially during the bad market because this means only that alot of people out there do not believe about the FUD.
jr. member
Activity: 417
Merit: 2
The crypto market is getting new people everyday, Because the crypto coin trading system and the high price of bitcoin. Btcoin is being popular over the world. After hitting 19K USD, Lots of people came here and more people is coming in the crypto platform. But, is it good news for us or bad? What do you think?

Well we  need community for cryptocurrency to survive, the more people coming in the stronger the cryptoworld. there's no way a coin will go up in value if only 1 person holds it, no demand, no value. So, share the blessing we get from this crypto world.
newbie
Activity: 84
Merit: 0
The crypto market is getting new people everyday, Because the crypto coin trading system and the high price of bitcoin. Btcoin is being popular over the world. After hitting 19K USD, Lots of people came here and more people is coming in the crypto platform. But, is it good news for us or bad? What do you think?
I think this is good, because the more demand, the greater the price of cryptocurrencies .
full member
Activity: 406
Merit: 102
That might have bad effects on the market but it is usually good because more people causes prices to be higher so we all can make more profit but it also lead to increase in panic sells.
sr. member
Activity: 630
Merit: 250
certainly, it would be a good thing for the existing volume of trade. However, the newbie in crypto must also be willing to learn and has the provision to be able to adapt in crypto and invest in order to get results. Sometimes the newbie, it briefly but viewed the situation so undo his intention to invest in crypto.
full member
Activity: 686
Merit: 131
I'm not sure your post is entirely accurate.

Ever since last Feb. trading volume has been exceptionally slow and there has been no indication that many new people are getting in to crypto.
Last december and Jan. yes, there was a lot of money being poured in, but not for the past four months.

The overall sentiment is that institutional money needs to jump in to crypto to kick start our next bull run.
In order for that to happen, securities and regulations need to be more established.
In fact, that has been the number one topic of discussion at all of the major crypto conferences last month.

Once exchanges become compliant and list securities, and projects like polymath provide a way for these types of coins/tokens to smoothly go from conception to ico to exchange, then the institutional money will come pouring in.

And when it does, it will be insane.
We are talking trillions of dollar of valuation for the crypto market.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
I think it is good for us because the market will recover if many people interested in cryptocurrency and want to earn money by investing and trading cryptos.

The only bad thing about that if those of new people are involved already in trading. It will result in a negative image on BTC once they experience a loss which it can happen since volatility is normal here. But on the other hand, it will really help to control price volatility since the BTC will be distributed and not be easily manipulated by whales.

Well there's always a disclaimer when you open up an account that you can lose everything. We can't really do anything about that.

@ontopic, the better the adoption, the better it is for our economy. There's more hands moving crypto now which means more trades and demand.
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