Topic: Trust in cryptocurrency? (Read 1398 times)

It's great to know that there are still people who can make money from bounty campaigns, I thought it was useless and didn't bring any profit. Patience is extremely important if you want to succeed in this market. But I think hold it for good is not a good idea, especially for shitcoins.
Hold long with bitcoin, and say no to shitcoin, especially bounty tokens, you should sell when they are profitable because I don't see any tokens from bounty campaigns that can last long enough.

As far as I remember, I used to use a cellphone with a  ringtone, now anything can be used as a ringtone. If previously it could only be used for conversation, now it is multifunctional. Yes. The adoption of BTC will continue sooner or later it will be used by everyone and we will see how the impact of the US Debt which is reported to have exceeded $31.4 trillion to the movement of BTC and the Bitcoin halving later.

I trust in crypto i earn on it from bounty hunting together with investing in some new tokens that has a potential last year 2017, i believe that i will still earn on it in the near future i only need a little more patience from my holdings, or from my bounty hunting works, many people or my neighbors here find another extra work and leave crypto because of the bear market but for me bear market is an opportunity to buy coins and hold it for good.

Many people still don't know cryptocurrency is more of a good thing for us than a bad thing. Rejoice that we are the pioneers of this revolution, and if we believe enough, we will achieve many successes that many people will later covet. It is true that anything new has risks, but if we succeed with it, we will also reap great benefits. There's no such thing as success without a price, and given the benefits cryptocurrencies have to offer, I think it's well worth a try.

Here if I say bitcoin there was a time when bitcoin had no value. Now bitcoin is very valuable to everyone because of the position it is in. So I think if something has no value no one uses it. Bitcoin has value.  All people transact through Bitcoin. But Bitcoin has become very popular in few years. Expect Bitcoin to do well in next few years. And Bitcoin price will increase many folds. Those who have been humbled by Bitcoin will be very soon.  Will become the owner of money.

Thoughts like that still happen a lot for now because indeed they only want simple things in their thoughts when they are in bitcoin or in altcoins so as long as they invest there it will be profitable. Even though it sounds quite convincing, it is a fact, of course when it is executed it is not that simple.
Thoughts like this must be pushed aside from the start because even though something like this is possible, the ratio is small. However, there is a process that must be carried out and for this, the process is that we must be willing to learn more, especially when it relates to the finances we have.
But there are indeed a lot of naive people who only see this as being more trivial and it is precisely with this that many people are trapped who in the end say this is fraud even though it happened because they were not aware of the risks involved because they did not want to learn more.


There is a price to pay if you really want to get something you want.
When we want to be in bitcoin, we must be aware that we must have the qualifications so that we avoid the worst possibility. Risk is something that must be faced regardless of anything because it would be very naive to want to be in a scope like this but not want to take risks in it. so that learning is obviously very important. experience is also clear but that doesn't mean those of us who don't have experience can't be here because experience is obtained when we want to try.

You kno I would have even loved it to go a lot slower than its doing now. It's way too fast for my liking and I can imagine what the best halving will bring as there is always an unmatched awareness campaign by price which often forces most people to buy at a high price; being satisfied that the coin inst crashing and they stand the chance of making few sats with the pump (ignorant minds that could have as well be buying at this moment).

When itcomes to adoption, I just can't say. Just like bitcoin price, it's hard to predict what way the government would take in order to ensure there is some form of regulations to cryptocurrencies. It's still a problem but the thing is, they just can't stop it.

Just knowing and having heard will not bring a conclusion to someone like that. I mean most people know bitcoin but they don't know how it works and this is based on some experimental data collected in the area where I live. Especially if you ask people over (40-60) years old whose internet knowledge is completely unknown to them, so they never know about bitcoin news at all.

Technology and the internet are media that can introduce people to cryptocurrencies because most social media platforms advertise or we often find photos or videos about them.

Regarding normal or not depends on how curious people who don't know him are. If technology and the internet are part of them right now then it's probably normal for them, everyone has different beliefs about crypto, especially for those who don't know it. But are you sure that technology and the internet will lead them to find out what crypto is and how to use it?

Cryptocurrency business is a future business that makes things happen when is not expecting, because I have seen many coins that surprised crypto market, which one have to trust cryptocurrency by investing more coins and waiting for the next bull run.

Today I was reading some news and I think that news was also related to the topic of discussion. Trust in cryptocurrency can be defined as Bitcoin and as already discussed many times the whole market cycle is based on Trust sentiments and potential sentiments. Bitcoin has faced many many ups and downs in the journey of a few years and it will face more as well but the reason that still Bitcoin is trading like a mountain is the community's trust in the goals of Bitcoin.

We have seen many other projects falling down to the bottom and those were never able to stand with dignity again as per the latest one we can see Luna and the news that I was discussing above was related to the trust issues between the community and the project was Multichain which has fallen to its keens recently about standing again I am not sure. But Bitcoin will surely stand strong against any type of crisis that is my belief and it's proven by the historical events with Bitcoin.

It is true that many people today still do not know much about cryptocurrencies, but that does not mean that the market is really inefficient and underdeveloped. When it comes to investing in assets, people are usually only interested in the old business models such as gold, houses, land, etc., and someone can naturally switch to talking about bitcoin-related topics. or cryptocurrencies are really rare. Although people know little about it, it will only be the beginning for more people who will later be interested in and learn more about cryptocurrencies. Surely cryptocurrency will be a good asset class, given that it can bring good returns to everyone. A new breeze makes people more interested and gradually learn about bitcoin, from which confidence in the cryptocurrency will become stronger.

Plans should be made on how to further develop cryptocurrencies or how to increase their prevalence without banning cryptocurrencies. Unemployment is going away with crypto currency. I don't see anything wrong with people who can't get a job after finishing their studies and can earn good money in crypto currency. All workplaces should be given equal importance. I have a lot of faith in Cryptocurrencies I think if you have good knowledge about it you can improve your life a lot.

I agree 1,000%! People are always going to stick with what's comfortable to them until it's taken away from them. Real estate and gold are better than fiat to me. I'll commit 100% to bitcoin if I was allowed to use it everywhere.

When the pandemic hits, some people here in our country engaged in cryptocurrency, but when they experience the bear market, they immediately pulled out their money in cryptocurrency. In short, people only like things in good times, not in bad times, I mean, they are not committed in cryptocurrency, so they don't fully know crypto, all they know is that if you invested on it, you'll make profit every single day.

Most people would still choose fiat, gold, real estate, or anything that is familiar to them, and there's nothing about it, since they just want to stay on their comfort zone of maybe that's where they are good at.

For now, I can't see most of the people in the community would totally trust Bitcoin or other cryptocurrency as their investment or a way to earn profits.

That's the same over here in the US. It's always a pushback from the government until they're able to control something. They'll try to minimize every opportunity we have to basically control our own money because what would we need banks for? I'm all for crypto.

if we are familiar with cryptocurrencies it might be easier to believe in the future of cryptocurrencies, but not for other people. therefore many people will believe in crypto after there are official regulations from the government related to cryptocurrencies as well as legalizing them. maybe now many parents find it difficult to believe, but after the transfer of generations there will be more young people or the next generation who will find it easy to access cryptocurrencies

I do agree with your arguments on the subject topic Trust in cryptocurrencies, such as Bitcoin, is a complicated and individualized issue. Depending on a person's knowledge, past experiences, and personal values, they may or may not have a certain amount of faith in cryptocurrencies. Because of the advancement and pattern changing scenarios of business, the digitall currencies like bitcoiin and other are looking more reliable, trusted and secure. Trust in crypto currency, including Bitcoin, is a complex and subjective matter. Depending on their information, experiences, and personal beliefs, people's level of faith in cryptocurrencies can change. Educating yourself about the technology, market dynamics, can help inform your trust and decision-making process

The world is gradually growing up and improving, mostly here in Africa, technology has been introduced towards our system, before people believe in hard work or Job been done and get paid physical as salary, but currently cryptocurrency market has come into the system of youths but government are against it, because government has no control over crypto transaction, they are always interested what can benefit them alone base on transaction charge's fee, which is also applicable to other western world. Therefore nothing can stop cryptocurrency market as long the internet exist.