Number One Reason NOT to invest in Crypto

ardentvolcanoes

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Quote from: Maestro75 on August 27, 2019, 11:08:09 AM

Quote from: Mrengage on June 24, 2019, 04:39:40 PM

I even think now is a right time to put more money into crypto, getting such idea is number one reason the world now is digital and it's revolutionary.

This is the right way to think and not those who think it is dangerous to invest in crypto. Crypto is the future of money and doing business. Anyone not seeing this is missing alot.

Anyone who's ignoring this are missing a lot, crypto is already here and embracing that this alternative currency will be adopted and will succeed should be take place, if you don't have any idea what future can be, chances of being mislead will take you to the wrong side of this investment opportunities, having a good information and sets of reliable ideas will allow you to consider this field of business.

Maestro75

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Quote from: Mrengage on June 24, 2019, 04:39:40 PM

I even think now is a right time to put more money into crypto, getting such idea is number one reason the world now is digital and it's revolutionary.

This is the right way to think and not those who think it is dangerous to invest in crypto. Crypto is the future of money and doing business. Anyone not seeing this is missing alot.

breathlessz

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Trphy.io

Quote from: jeraldskie11 on August 21, 2019, 09:44:07 AM

We can say that criminals can use cryptocurrencies because of its anonimity transactions. Well in our country, we can't convert directly crypto to fiat. We really need valid Ids to withdraw our cryptos in fiat so how criminals can use their crypto? Unless they have relatives and make withdraw for them. And about the thieves? If you just keep your private key very well no one can steal it.

KYC is needed for local exchangers, and this can reduce the concerns that have been circulating so far, namely money loundry, narcotics, etc. hopefully the government understands it and provides policies that support cryptocurrency. and about the wallet, it's actually safe, as long as we don't do carelessness. fiat money even if we are careless will certainly harm us

pinkpanther03

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I don't see any reason for not investing in crypto. There are many day traders here in crypto world. Do you think most of them are not buying cryptos? I don't think so, because if some of them are getting profit on a day trade activity, it means they are buying potential crypto in the market and trading is the most effective way for us to get profit.

PragueBTC

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Humans will always compete.
And during this process some will win and some will inevitably lose. Some will use fair methods of competition, and some will steal, scam and otherwise violate commonly accepted morals.

But its happening everywhere. You made some money on crypto , you were not competitive or smart enough, someone more fit and more efficient stole the coins from you. My condolences, but it was your fault. Freedom comes at a cost.

As for the safety and all. The FDIC covers you only for a share of your deposit in your bank. And if you think that banks are safe, talk to the people who had their deposits in Cyprus. If you think that investing in private venture is safe, talk to the people who invested in |Theranos.
If you think that regulation and SEC is the solution , read the storry of Madoff. he was checked by SEC 6 !!! times.

Unfortunately homo homini lupus est.
Thats not a reason not to invest in crypto or stop you from participating in this competitive game called life
Good luck with getting all your coins back by other means

jeraldskie11

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We can say that criminals can use cryptocurrencies because of its anonimity transactions. Well in our country, we can't convert directly crypto to fiat. We really need valid Ids to withdraw our cryptos in fiat so how criminals can use their crypto? Unless they have relatives and make withdraw for them. And about the thieves? If you just keep your private key very well no one can steal it.

Moiyah

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Look, I know you are just frustrated maybe because you experienced the hacked thing before, but that doesn't necessarily mean that will be the main reason why we should not invest in cryptocurrency. If you are afraid your coins will gonna get by thieves, then secured them. Set 2fa, or make a paper wallet, go get some hardware wallets, or if you can afford that microchip then much better.

Ompyon

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Quote from: princerepon on July 18, 2019, 11:47:21 AM

Quote from: coininvestor on January 04, 2018, 04:31:31 PM

Most of us have invested hard earned fiat money and time into trying to make gains in Crypto. The recent price spikes have validated our enthusiasm for crypto. We trade, invest long term, stake our coins, study, and wait. What is really going on here?

[snip]

I can understand your pain. Because i also going through like you do. last December some one hacked my personal no and transfer my all token in his wallet. I have no word to describe this situation when i saw my won eyes that my wallet shows it's 0$. But i lost my money for my stupid mistake. I don't know how you loose your money but all i know that you just broken and it need some time to heal. There is know doubt crypto is suffeing for hackers but you can not build a good platform in one day. It need some time.

Your advice is good but I think it's useless, because it seems like he has decided to leave crypto. things like that often happen and those who are not strong enough to deal with bad things will make it a good reason to leave crypto

princerepon

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Quote from: coininvestor on January 04, 2018, 04:31:31 PM

Most of us have invested hard earned fiat money and time into trying to make gains in Crypto. The recent price spikes have validated our enthusiasm for crypto. We trade, invest long term, stake our coins, study, and wait. What is really going on here?

[snip]

I can understand your pain. Because i also going through like you do. last December some one hacked my personal no and transfer my all token in his wallet. I have no word to describe this situation when i saw my won eyes that my wallet shows it's 0$. But i lost my money for my stupid mistake. I don't know how you loose your money but all i know that you just broken and it need some time to heal. There is know doubt crypto is suffeing for hackers but you can not build a good platform in one day. It need some time.

Moiyah

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Quote from: Kiefner on June 23, 2019, 01:11:36 PM

I don't agree with you. Many people have earned money by investing in crypto and needless to say that they feed the scammers. Everyone earns within the limits of the opportunities, and we have a lot of such opportunities.

Scammers are actually using bitcoin to make unnecessary actions which results to bad reputation of bitcoin. But at least we know the truth that investing in cryptocurrency such as bitcoin is a legit thing, I can prove it myself and many of us here can proved that bitcoin can be a digital investment and that it can help us in our financial status.

Victorycoin

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Quote from: celestio on June 30, 2019, 03:21:53 AM

I'm pretty sure the entire market is not driven by thieves. You need to provide sources when spewing what seems like non-sense.

The maximum part of the market is running by gambler, money launderer, the people who have black money and so on. And investment amount of real amount is very low comparing with the total marketcap. You may not agree with me or I might not be perfect but I think it is right.

celestio

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I'm pretty sure the entire market is not driven by thieves. You need to provide sources when spewing what seems like non-sense.

Victorycoin

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Quote from: BuxCoin on June 25, 2019, 06:22:41 AM

not to invest in crypto i would say regulation would be good so that many countries may allow crypto and trust will also increase and so as the usage i think this is the reason would say will make bitcoin investment netter

Regulations on crypto is against of bitcoin so crypto will suffer a lot if there is a regulations on crypto. For regulation number of supporter/investors may increase but amount of investment will decrease day by day.

Babyrica0226

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I think there's something wrong with the topic, what does the author of this discussion trying to emphasize?
I think the author of this topic, for Him crypto has no form of value. If that is true, why does ICO, IEO, and STO was
being created if crypto for Him was too risky to invest in? although, we know that all investment form of money here
in this field of business has always a risk involve.

BuxCoin

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not to invest in crypto i would say regulation would be good so that many countries may allow crypto and trust will also increase and so as the usage i think this is the reason would say will make bitcoin investment netter

Barbut

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★Bitvest.io★ Play Plinko or Invest!

Every investment has its pros and cons, every investment has some risks. I`m sure that for every investment you can find many reasons to invest or to pass it. I think that if you have a chance and if you have some money to spare you can`t allow yourself to miss investing in crypto, it`s the best investment in the past 10 years, and I believe it will continue to be the best investment in the next 10 years.

Aivaryamal

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In any direction you need to invest with caution and with the expectation that these deposits do not greatly affect the development of your life

D3m1r4wanti

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The price of crypto currencies is very difficult to predict, so for those of you who don't have good experience in crypto currency trading. then most likely you will experience a loss.

Seeker#9

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All investments contains risk and you should know how to manage it before investing and the number one reason not to invest crypto is when you are not prepared to take the risk. Many successful investors or even traders suffered losses in their initial try but they learned their lessons well and tried again with a success. Invest in knowledge and skills first before investing in cryptocurrencies.

Mrengage

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Globe-dex.com

Quote from: LimLims on June 17, 2019, 10:52:53 AM

Quote from: linyhan on January 05, 2018, 11:08:50 PM

The number one reason not to invest in crypto is the risk that every crypto have, investors always fight and accept every consequences once they invest in an altcoin, two possible things will only happen, success and lost.

Nice thought dude.
But your words are slightly contradictory.
I would say that the reason for someone to not invest in crypto is that, they fear.
They fear that they will make losses.
But when they win some, they say it's their luck.
But when they lose, they cry.
So in order to change this, they need to have confidence on themselves.

Even in other investment apart from crypto we still have losses, I see no reason to have fear when it comes to crypto. It all about courage and determination to understand how it works.

Topic: Number One Reason NOT to invest in Crypto (Read 2419 times)