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Topic: What fears did you have when you first started dealing with Cryptocurrencies? (Read 577 times)

member
Activity: 454
Merit: 13
fears of entry as might to requires of more with details as not with the casuals on entrance as managing tasks of examination.

First start trading you get the fears at first but when you trade a lot every day you get to learn the true value of investing for the cryptos.
member
Activity: 364
Merit: 10
I was not afraid at all. I knew that I have to read a lot before putting my money in somewhere. My thoughts were that it is going to be hard because I got to spend a lot of time for it. And, I was interested so much about it.
member
Activity: 364
Merit: 10
When you first went head first into the unknown,what were your thoughts? What were you afraid the most?  Huh
At first I was afraid maybe it's just a waste of my time but as I go along I found it most interesting and challenging. The experience is awesome and now I'm hoping that this technology will boost more investors to join and make a big impact to the economy.
full member
Activity: 593
Merit: 100
BBOD The Best Derivatives Exchange
The first to be able to join Crypto needed a Bitcoin number, and I was looking to buy it in a community over the FB. I started trading with the seller, and I was worried that I would be scamer (this could be the psychology of all new investors). After buying Bitcoin, I moved it to Poloniex, made the first exchange and always looked at the Altcoin trend that I purchased, it was a thrilling and beautiful feeling.
newbie
Activity: 105
Merit: 0
Honestly speaking, I don't have any fears when I start trading coins in the cryptocurrencies because before I invest I tried to search all the information from youtube so that I don't have any fears .Cryptocurrency is a good investment but it is more risky than other kind of investments . So I think you have to take care and invest intelligently.
full member
Activity: 798
Merit: 103
The fear is that the coin i choose would become one day worthless. And also the fear that i send the coin to a bad address or get hacked.
The fear to participate in a scam ICO project. And the fear to install some kind of virus.
legendary
Activity: 2282
Merit: 1041


Fear is real when you are in a corrupt country with corrupt officials, what could happen to me if for instance they try to track money laundering and terrorist in my country. They could at point an innocent guy who own bitcoin as corrupt officials can link a bitcoin guy to terrorism funding. It doesn't matter whether its true or not the only matters to these official is that they get some results to report to the upper officials that they have suspects apprehended.
newbie
Activity: 105
Merit: 0
Honestly speaking, I don't have any fears when I start trading coins in the cryptocurrencies because before I invest I tried to search all the information from youtube so that I don't have any fears .Cryptocurrency is a good investment but it is more risky than other kind of investments . So I think you have to take care and invest intelligently.
jr. member
Activity: 128
Merit: 1
Because I am a beginner, so there is one thing I fear is I don't know where I can start and many investment strategies.
newbie
Activity: 56
Merit: 0
When you first went head first into the unknown,what were your thoughts? What were you afraid the most?  Huh

When i first heared about a cryptocurrenciens i have a doubt if i can do it or not.I  can success with world.If I joined campaign If they should pay me for the worked i do

We all have those fears when going head first into unknown hehe Cheesy
newbie
Activity: 56
Merit: 0
Interestingly I was not afraid of anything. This was because I had a good time spent learning the fundamentals that will drive value in crypto.  My first investment grew astronomically within 3weeks.

after a month I did realized I still had a lot more to learn but I was never scared.


Well, you had a good pick, if you scored on your first investment Smiley
jr. member
Activity: 196
Merit: 6
https://cryptotvplus.com
Interestingly I was not afraid of anything. This was because I had a good time spent learning the fundamentals that will drive value in crypto.  My first investment grew astronomically within 3weeks.

after a month I did realized I still had a lot more to learn but I was never scared.
newbie
Activity: 56
Merit: 0
When you first went head first into the unknown,what were your thoughts? What were you afraid the most?  Huh
the first time I know the crypto currency I'm afraid of is the false address of the recipient's wallet and the deposit that is not accepted by the exchange.

We've all been there I think! Cheesy
sr. member
Activity: 644
Merit: 250
When you first went head first into the unknown,what were your thoughts? What were you afraid the most?  Huh
the first time I know the crypto currency I'm afraid of is the false address of the recipient's wallet and the deposit that is not accepted by the exchange.
member
Activity: 105
Merit: 100
Get your share of the future
When you first went head first into the unknown,what were your thoughts? What were you afraid the most?  Huh

I fear of being hacked or unknowingly victimized by a phising sites that will attack me when my investments become more successful. I had a lot of fear the first time I tried cryptocurrencies since I am not techy and well known around the net and about trading. Its a good thing I spend a lot of time here in bitcointalk since I usually got heads up about threats and information that can help my trading ventures.

As far as I read from comments most of us has similar fears. The main fear I have is that next morning I will wake up and see that market has crashed. Second biggest fear is that as you say hackers will hack my wallet and I will lose everything I have.
full member
Activity: 406
Merit: 131
I do not know what fears are mentioned here? Fear of being left with nothing? He has retreated after a few mistakes (=
full member
Activity: 179
Merit: 100
Oh, well, most likely the most important fear is ignorance.
I was constantly afraid that I did not know something important, and I was doing something wrong.
I was afraid that because of ignorance I could make serious mistakes and lose all my investments.
 But after a while, when I read many articles, literature, explored the forum, fear retreated.
member
Activity: 476
Merit: 12
For the first time when I found out about this, I was told that it is possible to earn good money on this, but I did not quite understand how. When I bought different altkoins I thought they would grow up now and I will get my profit, but it was not so simple))
member
Activity: 287
Merit: 10
The fear of being scammed and lose my money. All of these are new to me back then, I fear every transaction I make, and I always pray that my money will arrive to my wallet, I always check every digits of my address before making any transaction even though I just copy pasted it.

I believe I will be not original here. My fears were connected with the money lost. I worried if altcoins I bought that time would grow in future. Thanks God, my first experience was not bad at all, and the profit I got inspired me to go on with crypto.
member
Activity: 226
Merit: 10
🤖UBEX.COM 🤖
I was afraid that all this could very quickly end, but I completely changed my mind when I learned about the intricacies of technology and its prospects in the real world
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