What brings to crypto? - page 4. | Bitcointalksearch.org

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: traderethereum on March 13, 2019, 04:01:32 AM

Some investor is smart enough to see the opportunity, but the other investor is only following the previous people and pretending that they will make a profit too.

That's the main reason average joes enter the crypto space. It's always a friend or someone at work who's bragging about mad gains, which motivates people to invest in whatever they heard or think is profitable.

That's why the price continues to rush up during bull runs. People actually get the profits they are looking for, till the bull run ends and suddenly people start panic selling. It's quite interesting how the psychology here works.

Overall, greed is the main driver for everything that represents crypto. If the market is boring long enough, even the most firm 'believers' of the tech get bored and start complaining about the lack of market activity.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

First is the obvious profits waiting for them should the market change its course and go for huge gains. Bitcoin and crypto has always been posited for gains no matter the weather, and will surely be overcoming bear markets as people don't fully lose confidence on the said asset. Huge gains entice people, especially if they know that they are not the ones riding the same boat. Also, investing in crypto is a lot easier as you only buy and then watch your profits grow without a sweat during bull runs. It's the easiest investment to make currently, and I'm pretty sure most who made a lot of profits in crypto would agree.

xvids

sr. member

Activity: 1176

Merit: 301

Quote from: Hannahanto on March 12, 2019, 12:00:46 PM

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 think we all know why investors came to crypto,
It is because of the profit ,Investors wouldn't invest on something if it weren't for profit.
I know it is harsh but it is the reality people started to notice crypto because of the profit.
Take a look back as time past by more and more people are using it because they know that they could earn from it,
But when it was just new and before the big pumps people are just ignoring it.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Most investor come to the crypto world again is because of the money. They will always come back and try to make a profit from what they invested. Although they cannot always make a profit, as long as they can see the opportunity to make those profit, they will be back and keep trying. Some investor is smart enough to see the opportunity, but the other investor is only following the previous people and pretending that they will make a profit too.

Beerwizzard

full member

Activity: 924

Merit: 148

Most people that invested in crypto are getting money. Huge revenue - this is what pushed them to invest in cryptocurrencies. And not any blind faith in decentralized future based on blockchain. Imagine the number of Bitcoin holders if it was not so profitable over 2017. It is also hard to find any practical usage for most of the so-called digital assets purchased by people. So the only reasonable thing that brings crypto to people is money.

Herbert2020

legendary

Activity: 1946

Merit: 1137

i would categorize investors into three categories:
1. those who are in bitcoin because of the technology and what it offers as a decentralized currency and that can not be found anywhere else.

2. those who are in it for the money
2.1. the first group are real investors who know what they are doing and have been making a ton of money doing this because they are aware of where they should put their money and don't waste it on dumping altcoins.
2.2. the newbies that are hoping for the money but have no idea what they are doing. they usually get caught up in some altcoin and lost all their money by bag holding a bunch of them and call that a "portfolio" and go bankrupt sooner or later.

note that you don't have to only belong to one category. for example i am here because i like the technology and what bitcoin offers but also i love making a lot of money!

figmentofmyass

legendary

Activity: 1652

Merit: 1483

Quote from: Hannahanto on March 12, 2019, 12:00:46 PM

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 came for the online poker (seals with clubs) back in 2012 but tbh became much more interested when the bubble erupted in 2013. then i got into trading crypto and never really looked back. i gradually gained a real appreciation for the genius and utility of bitcoin and its ability to secure value. there's a pretty steep learning curve to wrapping one's head around it (math, code, cryptography, economic theory etc) so i'm never surprised when i see noobs clinging to buzzwords and chasing useless tokens that are bound to fail.

sunsilk

hero member

Activity: 3038

Merit: 634

It's about the money obviously, people are getting to the crypto these days or let's give those days of 2017 during the bull run for the sake of the money. And that's where the hype all started.

Quote from: LeGaulois on March 12, 2019, 12:30:20 PM

The majority doesn't understand the blockchain technology behind.

A sad fact, they bought bitcoin for one obvious reason but they don't understand the technology lies behind it. But it's all changing today, people who are investing to bitcoin today starts to realize and understands what bitcoin really is.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Hannahanto on March 12, 2019, 12:00:46 PM

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?

It depends on the investor, but most come for the money, which makes sense since all investors are looking to make money, the difference strives in how they plan to achieve this, if an investor takes his time to research different projects and then invests with the idea of holding those few projects for years after doing his due diligence then the chances that he will be successful are high, unfortunately that is not our average investor, the average investor in this market invest in whatever new coin has the most hype or invest in a coin someone recommended in a social network and as you may guess the chances of success for someone like that are very low.

DeadCoin

sr. member

Activity: 1246

Merit: 261

★ Investor | Trader | Promoter

Number of reasons behind. Everyone comes in to make money and a very few know how assets are secured. Many rich men do select crypto platform to safeguard their assets. Yes i do feel crypto is more secured then fiats kept in my local account. So I do come here to safeguard with crypto currencies.

LeGaulois

copper member

Activity: 2940

Merit: 4101

Top Crypto Casino

The main reason people are coming to crypto is the money sadly. There are the ones who buy Bitcoin and hope to see it "mooning" within 6 months. And there are the ones that buy the first altcoin they heard about and they think it will pump at 1000% within 48h.
The majority doesn't understand the blockchain technology behind.

Hannahanto

full member

Activity: 826

Merit: 111

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?

Topic: What brings to crypto? - page 4. (Read 785 times)