Topic: Is the crypto market really for anyone? - page 9. (Read 2400 times)
Cryptocurrency is about personal information, freedom and privacy without been at the mercy of a centralized control. Those who do not holds these values may not see cryptocurrency as a very important alternative!
The cryptocurrency market is very dangerous. For some investors who are not impatient, investing in cryptocurrencies can easily make them bankrupt! Because there are too many scammers here!
maybe cryptocurrency is not for everyone yet as of now, but eventually the day will come where almost everyone will be using it in daily life. some people don't want to dive in this early and prefer to just wait for the time to come and that's the time they will go in. some people want to be the leader and want to initiate doing crypto this earlier than others. they see great opportunity for going in this early and the reward will be greater.
of course the crypto market for everyone.
anyone can enter crypto as long as they are ready to accept the risk of their investment.
obviously I don't personally know the short amount of time being rich through crypto, everything has to go through many processes to reach the goal.
anyone can enter crypto as long as they are ready to accept the risk of their investment.
obviously I don't personally know the short amount of time being rich through crypto, everything has to go through many processes to reach the goal.
Right now, it's not yet cause there are places that still has limited access to technology and perhaps knowledge about cryptocurrency.
But when all that limitation removed, then that possibilities for Cryptocurrency market for everyone will be widely open and everyone can have access to it.
But when all that limitation removed, then that possibilities for Cryptocurrency market for everyone will be widely open and everyone can have access to it.
Nope, it is not for anyone, it is for everyone who believed from the beginning where is being invented not for the hype being made because when the time comes that crisis of crypto will happen like what we are experienced and that hyper believer will immediately dump their token that totally adds the worst scenario.
I think yes crypto market is for everyone there is no requirements for entering the crypto currency system they can be earn for free but you need to work for your own money they dont need to invest. Some of my friends working in bounty campaign so some of their profit they invest in a potential coin and make more profit.
I think it is not. There are many poor countries in the world, poor people don't have chance to access the internet, they don't have smart phone or computer, they only use cash in their life. To access crypto market now, people must have some knowledge about internet and computer. According to the World Bank's Global Financial Inclusion database, "two billion people worldwide do not have a bank account or access to a financial institution via a mobile phone, or any other device", i'm sure that these 2 billion people do not have access to crypto market as well.
http://uk.businessinsider.com/the-worlds-unbanked-population-in-6-charts-2017-8
http://uk.businessinsider.com/the-worlds-unbanked-population-in-6-charts-2017-8
for who would want to be ready in all risk is clearly yes. but for the person that is difficult to accept the fact and hard will be patient then surely not their place to seek profit from crypto. as with many who fled because of the falling value after the hype last year and this proves that they are difficult to accept the fact.
The crypto market for me is for people who really are willing to take a huge leap of faith into something that might just crash the next day
Crypto market is truly for anyone who are joining cryptocurrency , but you can not utilize or join the market if you have no tokens to sell and you will have also capital if you want to buy and invest coins in the market , and if you are buying coins then you can join selling and buying in the market, so the market is open to all who have buy and sell activities in the cryptocurrency market.
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.
There are many people who do not believe in cryptocurrency, so they are not interested in the field. They claim that cryptocurrency is worthless. There are people who understand cryptocurrency but they do not want to venture into it.
It depends on what purpose is someone using the cryptocurrency. If someine wants to do trading, it is not for everyone. Special skills and technical strategies are must requirements, otherwise he'll fail. If for the usage of cryptocurrency, yes it is for everyone.
Crypto may not be for everyone but it is certainly for anyone who believes in it and know the technology behind it. I say this simple because there are those like us that somehow spends some time to study how it works and see the good things about it and somehow know how to take advantage of it. The use of fiat may be here to stay for quite sometime but i do believe we are looking and experiencing the future currency. We are among the lucky ones to have known this currency while it is still young and budding.
Crypto is intended for all because one of the goals of crypto is to hit the mainstream adoption where its patronage will be globally accepted. It is the aim of crypto is create the era where cryptocurrency becomes the main mode of payment.
For entering into this market in right way, you have to know that you are responsible for your funds, not banks anymore.
You have to know that exchanges aren't good enough for holding your assets, because you don't own private keys there.
If you have weak heart, I wouldn't recommend to you investing in crypto.
The best way before to entry involving in crypto is to learn and unserstand well the run of it's market in order to not commited a mistake and to be able to secured earnings. Actually, crypto is an opportunity for everybody though it's volatile was there but in having patience there will be a profitable for sure. You have to know that exchanges aren't good enough for holding your assets, because you don't own private keys there.
If you have weak heart, I wouldn't recommend to you investing in crypto.
Agree with NirvanaModa. Trading cryptocurrency is possible for everyone. Another thing is someone starts quickly to catch up, while the others go down that road repeatedly but in the end manage to make profits. Besides, I think that partially success depends on chosen exchange. If, for example, you're a newbie then it's better to stick to big and reliable exchanges, like CEX. But this place is ok for advanced traders too. In addition, it's preferable for exchange to support card payments, 'cause it's simple way to buy crypto. Luckily, aforementioned exchange provides its users with such service. There you can purchase both btc and altcoins like zec with usd or eur (https://cex.io/zec-eur).
many definitions of the crypto however as they do not have a commitment for crypto and willing to be patient then this market will be able to kill anyone. Indeed this may I will not recommend to my family when they were not ready with the crypto State like this. full risk clearly only it is a challenge in the crypto should be bypassed.
Of course cryptocurrency is intended for all who want to know about the ins and outs of crypto, even if you want to invest in crypto you have to learn more in detail so that you can enjoy the results in the future
Certainly not the investment requires knowledge and judgment. It is not suitable for gamblers and people without knowledge of cryptocurrency. They are easy to go bankrupt here. They are high-risk groups.
Jump to: