Seeing the usual conversations in this forum and in others related to the cryptocurrency issue, as well as the groups on Facebook, Telegram and others, it seems that most of those interested in this field have no other interest than making easy and fast profits.
And I think this is something that has negatively impacted the market, because it has driven the high volatility in the prices of cryptocurrencies, regardless of how serious each project is: investors are always willing to sell their tokens at the first opportunity, instead of supporting the cryptos as a technological development with long-term potential.
Do you agree with the speculation without limits?
And I think this is something that has negatively impacted the market, because it has driven the high volatility in the prices of cryptocurrencies, regardless of how serious each project is: investors are always willing to sell their tokens at the first opportunity, instead of supporting the cryptos as a technological development with long-term potential.
Do you agree with the speculation without limits?
Speculations has always been part of every endeavours where people buy and sell that provides opportunity to make money. In the stock market, forex market, commodity market, local market etc. the difference is that its more pronounced in crypto market than other forms of market listed there which is due to the growing nature of the market. When its eventually grown, the volatility would be reduced to the minimum.
On tokens, there is really nothing to do about that at this time until there is some regulations in that market. Its the fear of future worthlessness that push people to start looking for the first opportunity to sell but with regulations, you are sure that only workable projects makes it to the ICO market and with that, stability would gradually be introduced into the market.
