Topic: Is the crypto market really for anyone? - page 22. (Read 2400 times)
Crypto market is obviously not for anyone. I think only people who are inclined to computers are only interested in crypto, and even there are some of those who are not interested in investing too.
Those that can not take the volatile nature of cryptocurrency market as part of cryptocurrency ecosystem should not invest in it. It will be counter productive to fight and resist what you give to make you profit.
Crypto is for everyone and it would be such a waste not to take a chance with this technology. Although, I see your point. Not everyone would take time to study it nor invest in it when they see that prices fluctuates so much. Also, some people just don't take interest and sometimes see it as a scam. However, they might change mind especially if you have proof of how much you have earned or what the benefits of blockchain are.
In general, many people who have strong mentality will join the crypto world to gain knowledge and also gain profits, but in the crypto market there are still many people who are not ready to face competition, in this case they have just collected coins to be used to play in the market.
It's not for anyone as not anyone has the emotional capacity to face such high loses in the very volatile market.
I also do not recommend most people that I know because of the huge possibility that they will go broke and make a big fuss out of it.
I also do not recommend most people that I know because of the huge possibility that they will go broke and make a big fuss out of it.
course is intended for all crypto community that has the coin. because the market is going to be very close to the player's crypto. especially in terms of trading. so we will certainly feel that the market for us because we'll plunge in the market each of us trading.
everyone could joined into cryptomarket, although they have no money they could join on bounty campaign.as long as we have faith about bitcoin future , this market could give us money easily.
I think the encryption market is not suitable for all people. The encryption market is a high-risk investment. The encryption market is only suitable for high IQ, has a strong psychological quality, and should not be too greedy.
the crypto market is certainly not made for everyone. there are enough people for whom the crypto market certainly means pure stress and these people should stay away from it.
Yes, you want to get profit from this industry, then you need to have a lot of conditions. It takes a good understanding of this market and a calm mind to be able to make accurate judgments.
indeed for everyone, but seeing this crypto market fall in early 2018, makes people hesitate to start investing. some people I met, wanted to make profit without capital or deposit (bouty campaign).
Yes, crypto market is for every one, and like OP said crypto is a very risky investment, but if we invest in the right time we can get a huge profit, so it's a high risk with high profit, I think we should introduce crypto to everyone, explain to them the potential and the risk, and let them decide whether they want to invest or not
I think this market is not for everyone and that is why I do not usually recommend my friends or family to invest in cryptos, as it is well known that most people have a great aversion to risk and that is why traditional investment instruments still receive large amounts of money despite their stingy returns. And because of this usual risk rejection many newbies use to cry so much as soon as they suffer some loss in this market, because they never assume the great risk that crypto investments involve and believe that getting rich overnight is a simple and easy task.
I am currently trying to convince some of my friends to invest in krypto.I think all investments are risky, even though the risk here is greater than all the investments I have, I think it is against what we will get later.
I think this market is not for everyone and that is why I do not usually recommend my friends or family to invest in cryptos, as it is well known that most people have a great aversion to risk and that is why traditional investment instruments still receive large amounts of money despite their stingy returns.
I evangelize Bitcoin technology here and there, and I've told most of my friends and family that I'm an investor and explained why. But I'm usually very careful not to advise anyone to buy it, and I emphasize the risk involved.
This isn't like blue chip investment. It's true that most people don't have the risk appetite this market requires, and aren't prepared for the volatility. I certainly don't want friends and family getting angry at me for their poor investment decisions (and their inability to HODL). I can't have that on my conscience.
Well, personally I think and I'd say cryptocurrency is for anyone and everyone except the weak and feeble hearted. Those ones need to steer clear from cryptos before they meet their maker earlier than planned lol.
Cryptocurrencies, as they are, are for everyone to use and engage with freely. Crypto market is not—even experienced stocks and Forex traders and investors find it harder to predict and riskier, let alone average Joes/Jills. I agree with the OP, Crypto market is not for everyone. I would like to add that people laziness contributes to why they still resort to traditional investment—they don't want to invest/trade themselves, they just want to see profits and returns. That's also why they will never get rich, as rich investors and entrepreneurs are putting their money themselves where big returns are and getting even richer.
I think this market is not for everyone and that is why I do not usually recommend my friends or family to invest in cryptos, as it is well known that most people have a great aversion to risk and that is why traditional investment instruments still receive large amounts of money despite their stingy returns. And because of this usual risk rejection many newbies use to cry so much as soon as they suffer some loss in this market, because they never assume the great risk that crypto investments involve and believe that getting rich overnight is a simple and easy task.
Right now I would say the crypto market is not for most people. The elderly seem to be having massive issues with it. At least form what I'm seeing. many regular folk around the world would prefer to be able to hold their assets vs have them in digital land especially withthe way the governments have been acting the last few hundred years. I think people are finally getting feed up. this may help or hurt crypto. Not sure which.
There are two types of people that I've come to talk about crypto's.
1. Those who really want to get rich and they think crypto will do but they aren't willing to invest. (all of them are the same).
2. Those people who still thinks that crypto is untrusted because it doesn't give you something in return to prove that you own something. They only think that crypto's are tokens of thin air that has no real value.
Crypto isn't for everyone.
1. Those who really want to get rich and they think crypto will do but they aren't willing to invest. (all of them are the same).
2. Those people who still thinks that crypto is untrusted because it doesn't give you something in return to prove that you own something. They only think that crypto's are tokens of thin air that has no real value.
Crypto isn't for everyone.
It is obvious that the market is not for everyone as some persons will find it difficult to understand the dynamics of the market, the fluctuations we on some days can only be borne by courageous investors
That's right, in bitcoin it's not that easy to get rich, investments made with bitcoin must also have a clear target and mission, because it could be that we lose. and also because bitcoin uses very volatile prices. so the rise and fall of the bitcoin price is normal ... !!
Crypto is really for all, Crypto does not discriminate when it comes to investment. Everyone ready could join it, at his or her own convenience. Just that the person must be aware of what he venturing into.
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