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Topic: What brings to crypto? (Read 785 times)

legendary
Activity: 3514
Merit: 1280
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March 31, 2019, 10:04:33 AM
#72
What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?

There is not a lot of new money in crypto these days

So your whole question becomes kinda meaningless if this assumption is correct (which seems to be the case). But if you in fact wanted to ask why people got into crypto earlier (like a few years ago), then the answer should be straightforward and it was easy money. Those who invested in early 2015, had patience to keep their coins till the end of 2017 and prudence to quit when the time came, multiplied their investments. That was the primary driver if we cut the crap and noise
hero member
Activity: 1148
Merit: 527
March 30, 2019, 02:37:19 PM
#71

I think op should consider doing a pool to evaluate what really brings people to crypto, as for me, in the early days of blockchain, the tech was quite fascinating, even though over-hyped still it was an ingenious invention and worthy of the emerging tech-class. However, with a gravitational shift to a more speculative value rather than utility, it's become harder to know what really brings people to crypto as the days of stupendous "x'es" are probably over, and people lose more money now that before.
If I am to break it down, 50% are in for the profit that comes from its value, 30% are in to hold it as real digital assets for a long term while the remaining 20% are for both.

Now you can see why the market is yet to grow that much and stabilize, can you imagine if we have almost number of users who are in for the utility, how would it have been so sweet to hold and asset and store it for future and anytime you need part of it, you can always take from it and still retain the exact value you invest in with profit on it but many of us are so impatience that we really want to take the whole of the future in our pocket now.
hero member
Activity: 1274
Merit: 516
March 29, 2019, 07:55:14 AM
#70
There are a lot of reasons people invest in crypto, one of them is the value, a lot of investors got a lot of profit by only holding it for long term and it's safer to keep your coin the wallet, there are a lot of security layers in the wallet, and its safe from the government supervision, and the future potential of crypto is very bright, there are more adoption and research that being conducted to implement crypto in daily life, and its more efficient to used crypto as transaction system
full member
Activity: 658
Merit: 117
March 29, 2019, 05:40:33 AM
#69

I think op should consider doing a pool to evaluate what really brings people to crypto, as for me, in the early days of blockchain, the tech was quite fascinating, even though over-hyped still it was an ingenious invention and worthy of the emerging tech-class. However, with a gravitational shift to a more speculative value rather than utility, it's become harder to know what really brings people to crypto as the days of stupendous "x'es" are probably over, and people lose more money now that before.
full member
Activity: 1638
Merit: 122
March 28, 2019, 06:57:57 PM
#68
It purely depends on individuals, for some, they are interested in the Security and easy control  of their funds without external control.

I dont think that crypto is really secure . when you buy a crypto you will be storing them on a wallet and on an exchange , the owners of those purse are still the one that controlls your assets  . they can also be hack and scamming is also present on this space .

With Bitcoin you don't have to worry about hidden charges from your local banks cause you get to be your bank. But lately, many investors are into it because of the money they are earning from it.

Banks actually charge small compare to bitcoin fees  . while banks can secure your money safely away from fluctuations . many investors came because they want to earn but few are only succesful because bitcoin and crypto investing is not an easy task  . this isnt a way to earn easy money   
hero member
Activity: 1082
Merit: 502
March 28, 2019, 04:05:06 PM
#67
Investors fall into this area primarily because you can quickly make huge money here, this is the most important factor due to which there is an influx of new investors here. This is one of the most volatile markets among all existing ones. This factor attracts the majority of investors here.
legendary
Activity: 3318
Merit: 1128
March 28, 2019, 07:17:44 AM
#66
What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?
I am brought to crypto platform because i can find easy way to trading. I am not mention about easy to get profit, but i am broker of a company before, and help investor trade in gold security. But with crypto platform, with general knowledge that i get from my company before, i get easier thing to trade and not really need a lot of capital to start.
You have every right to come into crypto platform for any reason that suits your interest but this ideology of using the system for profit or trading purpose only may make us never to see a stable coin or less volatile market.

We at least need to try as much as possible to keep part of it as asset so that crypto currency aim can be fully achieved on both side and not just falling on the part of profit alone, one of the reason why we are not experiencing much growth in the market is because a lot of people are scared of saving their money in the crypto platform because of its instability and we need more funds to keep the market growing.
hero member
Activity: 1932
Merit: 504
March 27, 2019, 12:03:38 AM
#65
What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?
I am brought to crypto platform because i can find easy way to trading. I am not mention about easy to get profit, but i am broker of a company before, and help investor trade in gold security. But with crypto platform, with general knowledge that i get from my company before, i get easier thing to trade and not really need a lot of capital to start.
sr. member
Activity: 2828
Merit: 344
win lambo...
March 26, 2019, 05:35:01 PM
#64
What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?
If you feel it that way then you are right but there are some safety measures that you have to do first in order to safely secured your crypto on your wallet. By putting your key on a piece of a paper and hide it somewhere where you are the only one who knows where it's hidden.
Saving it any hard drives will be good provided that you'll never used it for another transactions. But even though we have do it still we can't assured that it will be a 100% safe unless we don't used that wallet anymore after saving cause it possible that we might be misplace our keys.
It is also a keep safe that not to leave our coins in an exchanges cause might not know that it will be hacked and loss everything inside including ours. So better to keep it in our wallet if we don't want to sell it.
sr. member
Activity: 2506
Merit: 368
March 26, 2019, 04:57:55 PM
#63
What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?
If you feel it that way then you are right but there are some safety measures that you have to do first in order to safely secured your crypto on your wallet. By putting your key on a piece of a paper and hide it somewhere where you are the only one who knows where it's hidden.
full member
Activity: 630
Merit: 102
March 26, 2019, 04:58:25 AM
#62
The reason I came to krypto for me was the main reason I kept my assets in crypto and also safe in many ways with us through trade or investment, and transactions.
hero member
Activity: 2870
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Vave.com - Crypto Casino
March 26, 2019, 04:50:50 AM
#61
What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?
Maybe they're influenced by there friends through social medias. Many crypto users are from the social media they are just saw an advertisement or a post on twitter, facebook or medium. Cryptocurrency investors came for an additional investment platform and maybe they want more earnings that's why they are here.

Most probably because crypto is an internet money, and we can influence those people who have an idea on how the internet will work.
According to Hannahanto, he feels safe with his money in crypto than in the bank, this one I would have to disagree with, banking has an insurance while crypto has non, if you just want to safeguard your assets, you go with the bank, they provide better security.
You are right, and people attracted to crypto in 2017 is because, in the middle of that year, they see the crypto was started to booming especially on many ICO. So they decide to invest some money, buy many coins while the price is low, and after the middle of that year, boom, the crypto was exploded and many people were making huge money.
I don't agree too if we save the money in crypto because we don't know what will happen with crypto and we can see that the crypto still unpredictable besides that, we need money in our life. But maybe we can separate the money into 2 parts, so we could still use the money while we can save the other money in crypto.
sr. member
Activity: 1204
Merit: 272
1xbit.com
March 26, 2019, 04:36:56 AM
#60
What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?

See dude, if you look into depth, then there can be many reasons framed for which many people invest in this shitty crypto world.
There are many examples and profits for the Investors fro which they invest in Bitcoins and other cryptos.
Bitcoin is like Gold. It can be proved as a valuable asset if you see in depth. And if you invest wisely you will surely get profit.
In short, the Bitcoin's volatile price make many investors to invest in Bitcoin.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
March 26, 2019, 04:21:17 AM
#59
What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?
Maybe they're influenced by there friends through social medias. Many crypto users are from the social media they are just saw an advertisement or a post on twitter, facebook or medium. Cryptocurrency investors came for an additional investment platform and maybe they want more earnings that's why they are here.

Most probably because crypto is an internet money, and we can influence those people who have an idea on how the internet will work.
According to Hannahanto, he feels safe with his money in crypto than in the bank, this one I would have to disagree with, banking has an insurance while crypto has non, if you just want to safeguard your assets, you go with the bank, they provide better security.
full member
Activity: 532
Merit: 148
March 25, 2019, 10:49:29 AM
#58
What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?
Maybe they're influenced by there friends through social medias. Many crypto users are from the social media they are just saw an advertisement or a post on twitter, facebook or medium. Cryptocurrency investors came for an additional investment platform and maybe they want more earnings that's why they are here.
legendary
Activity: 1526
Merit: 1179
March 25, 2019, 09:26:55 AM
#57
Actually the blockchain system is a great system .We are so lucky to get this chain system .The system is so secured and i think its just better than a bank.The platform brings a a nice chain system where we can find all the system to one chain .We can use it from anywhere from the world .The system is so secure and also easy to use .
Ok, if we go by your logic and assume that blockchains are better than banks, what happens when banks adapt to this blockchain revolution? It's only a matter of time before they will due to the efficiency benefits.

And then we have another side to the story, which is how much better are blockchains compared to databases? XRP and EOS use a database structure to operate and it works even better.

If there is one person we can assume that he knows his stuff, then it's Brad Garlinghouse, CEO of Ripple. Everything they do is focused on database solutions. The only reason they use the term blockchain is because of the hype.

Add blockchain to your operation and suddenly investors come to you asking how they can invest.
legendary
Activity: 1568
Merit: 1002
March 24, 2019, 11:26:31 AM
#56
my view investors want to reap profits in crypto see the value is high and every bull rises, investors are willing to spend money to buy crypto. yeah even though when they buy during a bull situation, they don't know what is a blockchain product even though the security is guaranteed, but eventually they will become aware of blockchain security
full member
Activity: 938
Merit: 105
March 24, 2019, 11:24:29 AM
#55
What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?
Actually the blockchain system is a great system .We are so lucky to get this chain system .The system is so secured and i think its just better than a bank.The platform brings a a nice chain system where we can find all the system to one chain .We can use it from anywhere from the world .The system is so secure and also easy to use .
I agree on securing system, well that is true that is very secure when we used the blockchain technology system. However, people come and adopt blockchain is because of money. That is sad but that's the fact here when it comes investment I didn't say that your asset is safe especially on ICO, so, technically there's always the risk that you've might facing if you are going to adopt this.
full member
Activity: 994
Merit: 103
March 24, 2019, 11:21:16 AM
#54
Maybe its because they want to hide thier wealth from the government,   they invest into crypto cause they think its for long term profit.  No doubt they want huge profit cause cryptocurrency is the future.
full member
Activity: 1292
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Vave.com
March 24, 2019, 10:32:01 AM
#53
What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?
Actually the blockchain system is a great system .We are so lucky to get this chain system .The system is so secured and i think its just better than a bank.The platform brings a a nice chain system where we can find all the system to one chain .We can use it from anywhere from the world .The system is so secure and also easy to use .
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