I wonder what will be the term to be minted out from that fear. Is it cryptophobia? Whatever it is, it is just normal if you are into crypto investments. Some of people who are inexperienced in crypto investment will surely have this kind of fear when they have already experienced how their investment fall down hard.
Is that cryptophobia? Questions like that have emerged lately with the rise of crypto users, both those who have enjoyed the results or those who have suffered losses. Seeing the price of cryptocurrency continues to fall, many experience anxiety about the future of assets that have been invested, because making decisions at a time like this is very difficult. Fear is haunting because investment does not deliver as expected. 
Topic: Cryptocurrency Phobia - new social phenomenon (Read 171825 times)
Many people have lost their money. Many have become afraid of cryptocurrency. I think if you buy cryptocurrency, then this should be interesting for you. Then you are not so worried about the price drop.
Excessive fear usually occurs because of something excessive. So if the phobia on cryptocurrency means it has suffered a large loss, so that fear is prolonged and haunting. Hearing his name is allergic. So there must be therapy that this is a business, and losing or winning is normal.
indeed, this is observed in the market but one should not forget that such a phobia exists in any activity, especially where there is excitement and the opportunity to make money
they afraid because bitcoin price is not stable and afraid lose their money because bitcoin price is expensive.
they have never tried, they are afraid to try it.
they have never tried, they are afraid to try it.
its not about the unstability that they are afraid of but it is because of the bad news that they heard . they think cryptos are scam because almost all ads that we see online related to cryptos are always asking for investment or initial payments before they get started .
speaking of phobia , phobia's were only differ from person to person . so not all that have read negative news will possibly have a crypto phobia .
People are always afraid of something new and unknown. But fear disappears when they begin to study the cryptocurrency market and understand how it works. If, moreover, they begin to competently practice the use of crypto currency for the purpose of earning, then they stop seeing something terrible and frightening in it at all. From this I conclude that illiteracy is the cause of all fears.
Anybody is free to express his views regarding cryptocurrency, provided that those views are true reflections of the realities on ground. In some cases though, some people spread negative news with the motive to scare innocent people away.
The more various opinions I hear about Cryptocurrency, the more I realize that there is a new kind of phobic hysteria, which appears literally about everything related to Cryptocurrency, e.g. mining, trading, ICOs or lending.
In some cases people provide interesting groundings concerning Cryptocurrency risks and instability.
But in many cases their negative conclusions simply sound like: scam, deception and other "demonizing" statements.
I think this phenomenon spreads around fairly fast.
What's your opinion about it?
In some cases people provide interesting groundings concerning Cryptocurrency risks and instability.
But in many cases their negative conclusions simply sound like: scam, deception and other "demonizing" statements.
I think this phenomenon spreads around fairly fast.
What's your opinion about it?
Many of these phobias are explainable after all what happened during the last year. However, if you di a lot of research you can definitely find a lot of good projects that still brig great profits. I would mention here specially non-ICO based projects, as there is no risk that the project to vanish after all the money from ICO have been collected.
The more various opinions I hear about Cryptocurrency, the more I realize that there is a new kind of phobic hysteria, which appears literally about everything related to Cryptocurrency, e.g. mining, trading, ICOs or lending.
In some cases people provide interesting groundings concerning Cryptocurrency risks and instability.
But in many cases their negative conclusions simply sound like: scam, deception and other "demonizing" statements.
I think this phenomenon spreads around fairly fast.
What's your opinion about it?
it must be straightened out about such statements, cryptocurrency for someone who does not know more deeply may be used as a phobia because it will continue to be something that might be detrimental to them. This must be answered with a positive statement if cryptocurrency can have a positive impact. In some cases people provide interesting groundings concerning Cryptocurrency risks and instability.
But in many cases their negative conclusions simply sound like: scam, deception and other "demonizing" statements.
I think this phenomenon spreads around fairly fast.
What's your opinion about it?
they afraid because bitcoin price is not stable and afraid lose their money because bitcoin price is expensive.
they have never tried, they are afraid to try it.
You are right, they are afraid before trying and giving the assumption that bitcoin is fraudulent, but if they have tried and it turns out that bitcoin is very profitable, they will regret that they did not invest with bitcoin before. they have never tried, they are afraid to try it.
I wonder what will be the term to be minted out from that fear. Is it cryptophobia? Whatever it is, it is just normal if you are into crypto investments. Some of people who are inexperienced in crypto investment will surely have this kind of fear when they have already experienced how their investment fall down hard.
haters gonna hate bro. one thing I'm glad I learned is that people are for the most part full of shit, you shouldn't take them seriously. don't try to show them they are wrong; let them stay comfortably in their ignorance.
Yes! Exactly it is, haters gonna hate. But i am sure that those haters will regret in the near future because they will not buy antyhing about cryptocurrency. There are many rumors and speculations but i would not hear them, because i know that we are in the right path with cryptos..
The more various opinions I hear about Cryptocurrency, the more I realize that there is a new kind of phobic hysteria, which appears literally about everything related to Cryptocurrency, e.g. mining, trading, ICOs or lending.
In some cases people provide interesting groundings concerning Cryptocurrency risks and instability.
But in many cases their negative conclusions simply sound like: scam, deception and other "demonizing" statements.
I think this phenomenon spreads around fairly fast.
What's your opinion about it?
Most of these people with negative perceptions are not well informed about crypto. These people thrive on the false news presented by the media, banks and governments about cryptocurrency. They have failed to learn the truth. The only way to curb this is to take the truth to them through effective shared knowledge and awareness creation in every form. In some cases people provide interesting groundings concerning Cryptocurrency risks and instability.
But in many cases their negative conclusions simply sound like: scam, deception and other "demonizing" statements.
I think this phenomenon spreads around fairly fast.
What's your opinion about it?
to be honest the OP posted this before the biggest wave of cryto investment and interest ever happen yet.
so let's not be too worried.
however constant scams will eventually get crypto a bad rep with those who are not able to do their own DD.
so let's not be too worried.
however constant scams will eventually get crypto a bad rep with those who are not able to do their own DD.
I assume the loss in bitcoin due to personal security is not good. In general, the benefits that bitcoin brings are far greater than the losses
Many people have lost their money. Many have become afraid of cryptocurrency. I think if you buy cryptocurrency, then this should be interesting for you. Then you are not so worried about the price drop.
I fully agree with you, most people just hear the "authoritative" opinion about bitcoin and repeat it, even without understanding this issue. So skepticism around bitcoin is born and develops.
The most interesting thing is that most of these bitcoin haters do not have any decent argument that bitcoin is a fraud. They just tell you that it is a bubble and it is not necessary to believe in it and invest the money, but the reason I can not explain.
You are right, it is quite possible to call it a phobia because many people are afraid of what they do not understand. Therefore, they begin to hate cryptocurrency, telling everyone that it is a fraud. And they themselves sincerely believe in it, even without properly understanding this issue.
It's just lack of knowledge. Many people treat cryptocurrency this way simply because they do not understand it. That's why they make up stories about fraud. And I do not know how to deal with it, because to convince people to the contrary is very difficult and often impossible.
haters gonna hate bro. one thing I'm glad I learned is that people are for the most part full of shit, you shouldn't take them seriously. don't try to show them they are wrong; let them stay comfortably in their ignorance.
Atleast you are being kind as letting them be killed by their ignorance lolThis is a worldwide phenomenon so everything is possible to happen about being inside crypto community
I would choose to lose than having a phobia by engaging cryptocurrency.and for the others this must be told so the might choose what path to take in profiteering
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