Topic: Number One Reason NOT to invest in Crypto - page 8. (Read 2409 times)
There are actually a lot of reasons. And this reason is only one of 100. I believe that there is risk everywhere, especially in the cryptocurrency market. Where in fact, today, there is anarchy and a lot of scams.
Number one reason NOT investing in ctypto is definitely its volatility.
Cryptocurrencies could drop to near- zero at any time. For me this is the biggest
threat investing in it. Even Vitalik Buterin warned investors that it can happen and " not to put
more money in it than You can afford to lose".
Security is another problem but only for those who are not following some necessary steps that should be followed.
Cryptocurrencies could drop to near- zero at any time. For me this is the biggest
threat investing in it. Even Vitalik Buterin warned investors that it can happen and " not to put
more money in it than You can afford to lose".
Security is another problem but only for those who are not following some necessary steps that should be followed.
before investing your money in crypto, you have to learn basic things about crypto. always protect your private key or seed and keep it in an offline source. The digital world is a pron for hacking activity.
Number one reason? Probably lack of intelligence. I don't why smart people would ever want to miss out on the biggest opportunity to earn money since the dawn of times.
Cryptocurrency is beyond scam and theft and all of these misconceptions, cryptocurrency is about freedom, power to the people, giving sovereignity financially to individual in order for them to flourish and prosper, I think this is what cryptocurrency is all about. There is no reason good enough not to buy cryptocurrency!
to make it easier for you to understand and be able to utilize to be able to find and gain many benefits. It seems that investing in the world of cryptocurrency should require some information and education about how price movements of cryptocurrency are made
Guarantee. There is no guarantee for any return in the crypto, especially in the new ICO's. Some of the ICO's vanished in no time and some of them never listed on an exchange.
.... At least with fiat there are rules. There are no rules in Crypto, and by the time rules ever do get put in place, if ever, the criminals will be at the top.
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I concede that right now the cryptocurrency scene is a bit like the Wild West.
However, the situation was probably similar when fiat money was introduced.
Regulations take time and we are already starting to see the beginning of this process
in countries all over the world. Back in 2010 no country had plans to tax cryptocurrencies and
nowadays nearly every country has announced how cryptocurrency profits are taxed.
Give it some time and the cryptocurrency scene will be much more regulated than it is today.
Besides, there will be insurance products in case that your wallet gets hacked or your exchange
goes bankrupt.
Very sorry to hear that, but you cannot reject the fact of peoples lives changed to better with crypto and bitcoin itself, earn were fixed in fiat..
There is absolutely no reason whatsoever that should hinder you from investing in cryptocurrency! Cryptocurrency is an emerging market and like no other market, development and technology drives this market and this make crypto to be useful and better!
I think all investments have risks, it depends on you how to deal with the risks that exist, if the risk in front of you dare to face then surely you can become very successful and rich.
Yes if you start getting feared from everything then that would be bad at your place. The thing is, we need to ask ourselves wither we want to earn big money or not. If the answer is no, just forget everything. But in other case, you need to think that you must have to take big risks as well. So there is no source of income that is independent of risks. Every big thing comes with bigger risks. I believe that the number one reason not to invest in crypto is lack of knowledge and understanding of the crypto industry. I highly discouraged any investment decision without taking any knowledge and information about maximum aspects. Anyone who is willing to invest anywhere must have the basic understanding and information about the market otherwise it is nothing other than a gamble in my opinion.
If you are not brave and does not willing to take risk, then you must not invest in crypto until such time that you are ready enough to do it, but while it is not yet then learn the value of crypto, why it is existing and why you need to invest on it.
I believe that the number one reason not to invest in crypto is lack of knowledge and understanding of the crypto industry. I highly discouraged any investment decision without taking any knowledge and information about maximum aspects. Anyone who is willing to invest anywhere must have the basic understanding and information about the market otherwise it is nothing other than a gamble in my opinion.
One of reason not to invest in crypto - bitcoin's price can be easyly taken down just with fake news. Crypto still have long journeys before they can be adopted worldwide.
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Number one reason not to invest in crypto is when you have a poor mindset where you think that you can get rich very quick here. All those who are wanting to become a millionaire in months or in a year investing in crypto should not continue their plans because they are certainly only going to suffer with losses.
or maybe he doesn't want to get involved in the digital era which will come to us and he prefers to stay in the traditional way. and if he has this perception, I think we cannot force him to invest in the cryptocurrency since he always rejected what we suggested to him and it is better to leave him without any chance to join with us. but I still hope that he can join us so he can take the benefits from the cryptocurrency and he can have another source of income that will make his life better in the future.
Number one reason not to invest in crypto is when you have a poor mindset where you think that you can get rich very quick here. All those who are wanting to become a millionaire in months or in a year investing in crypto should not continue their plans because they are certainly only going to suffer with losses.
I think it's more like the diary of a failed merchant. I believe that a good trade will come with time and as for crypto, I think it is worth investing.
One of the reasons is, of course, the world news background, where, in addition to good news, there is a lot of negativity, both from states and influential people. But I do not think it's foolish to invest in this area.
For me, the only one reason NOT to invest in the cryptocurrency is the lack of money. Each time, when I get the wages, I try to invest at least 30% of it in alts.
I think you should invest in the cryptcocurrency market. The most effective way to make money now is to do business and invest in the cryptocurrency market. I think you were wrong when you did not invest in the market. The market is on the rise and investing now, you will earn big profits in the near future.
Cryptocurrency investment is full of risks and if you cannot take risks then you should not invest in crypto. The price is so volatile and you may lose your all or some investment. I think there is no other reason that one should not buy bitcoin or any other Altcoin. This is the best way to make money in short time.
Number one reason people not invest in crypto currency first reason because didn't understand well the function of crypt as new technology of currency using internet correction, 2nd is scary to lose their capital invest because of high volatile movement.
That's two reason example i made base on my own experience eventually after I fully understand cryptocurrency how much important and how to help my new lives become better in the future adopting cryptos.
That's two reason example i made base on my own experience eventually after I fully understand cryptocurrency how much important and how to help my new lives become better in the future adopting cryptos.
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