What fears did you have when you first started dealing with Cryptocurrencies? - page 4.

Joriecoinbit

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Quote from: dewynijhof on January 15, 2018, 01:41:21 AM

my fears when i first get involve in cryptocurency is having no knowledge about the market, i dont have any experience or knowledge about using crypto, i had to learn by myself and trade fail so many times, but i am better now so i dont loose money as much as i used to be.

Losing is part of the game. You will not learn if you haven't try lossing. Failures motivates us to work hard. And it's good to know that you've learned from your mistakes. We all fear of losing our money, but we can find it ways to at least lessen our losses.

Trixie28

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Quote from: Nanoid on January 14, 2018, 11:10:05 AM

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

Nanoid

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Quote from: sinduarianto on January 14, 2018, 07:28:08 PM

what I fear is that if I buy a coin and the coin goes down I lose all the coins I have and that's long enough to collect the coin again.

Thourough due diligence will prevent you from having those fears

mrproblem

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Not fears but doubts or twice check need I had like transfer addresses or buying in correct time and decision to altcoin type to buy

Shirin16

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Quote from: Nanoid on January 14, 2018, 11:10:05 AM

When you first went head first into the unknown,what were your thoughts? What were you afraid the most? Huh

many of the things I feared when starting to enter the world of cryptocurrency.
but all things in my opinion if feared the impact will always be negative. wherever we are, the risk will always be there. so fight your opponent's fear by always studying the world of cryptocurrency.

dewynijhof

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my fears when i first get involve in cryptocurency is having no knowledge about the market, i dont have any experience or knowledge about using crypto, i had to learn by myself and trade fail so many times, but i am better now so i dont loose money as much as i used to be.

dantheman666

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At first I fear the numbers I have to deal with while I was learning about cryptos. Now with all the news of hacking and theft I'm afraid of my hard earned cryptos just to be stolen away from me. I'm also afraid that all of this will suddenly just disappear and be gone. I think that is my greatest fear about crypto.

mrcastelo

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Fear of losing more than half of the original amount that I invested. Fear that my coins would be hacked. Fear that I would not be able to withdraw my coins in an exchange because of site down.

cryptotitan

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Probaby what we fear the most is to loose a lot of money in trading,and not improving in the long run.

fazerockzx

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Activity: 110

Merit: 10

First of all i thought this is all a play, like a scam, so i feared of being scammed and lose my money. Not until i found out what it really is, in cryptocurrency it is like a gamble in money but in a different way that i have never done before.

HashFace

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#1 was scams. I researched the crap out of Coinbase, Wallets, Coins, and Exchanges in the beginning. I was probably overly paranoid, but it was like the more you read about cryptos, the more you hear about people getting scammed ... and even now, I'm extremely cautious. One wrong move can be costly.

#2 was it was is all crashing the day after I deposited. That has been my luck with investments. I started investing in stocks in 1999 ... right before the dot com crash. I also bought my first house in 2004, right before the real estate bubble burst ... but so far, so good with Cryptos.. Undecided

traderethereum

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Quote from: Nanoid on January 14, 2018, 08:03:31 PM

Quote from: bitterguy28 on January 14, 2018, 07:53:27 PM

Quote from: Nanoid on January 14, 2018, 11:10:05 AM

When you first went head first into the unknown,what were your thoughts? What were you afraid the most? Huh

I feel my first time coins transfer into another wallet because i have doubts myself what will happen if i put wrong wallet address surely all my coins lost in quick.
But i make it properly and thanks my coin are transferred safe i lost my fear.

Im still being extra careful when transferring coins to a different wallet. Better safe than sorry,right? Cheesy

just double check your wallet address before you want to transfer on to different wallet and make sure the amount you want to transfer. and if you has check then send it, as long as you copy paste your wallet address, it will receive into your other wallet. it is normal to have fear but calm down, as you follow the guide and you will be safe.

DevelopmentBank

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I was first afraid of (and probably still am now) that the whole cryptomarket would implode and take away all the profits i've already made. I could cash out comfortably now and be happy with my earnings but i keep it in crypto because I believe there is value here and it will probably rise in value the more adoption we get. Hopefully more people will realize the long term benefits of cryptocurrencies and see past present values as well.

MFY151

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Quote from: Nanoid on January 14, 2018, 11:10:05 AM

When you first went head first into the unknown,what were your thoughts? What were you afraid the most? Huh

I fear of being scammed during a transactions or via phishing sites, since I dont' have much any idea about cryptocurrencies works most that time and I usually started by just hearing it as a good opportunity to invest I can't helped but to be extra careful and afraid from scammers since I heard of them a lot in the cryptocurrency world.

boyjackyou

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DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO

Probably we fear to lose a lot of money when loosing in each trades,thats why you need to learn something about how the market works,how the trader's think to counter them especially the whales,fear of not learning how to trade properly is the worst i had because i dont know where to start because nobody guided me to the basics for cryptomarket trading system,i started from the scratch i read alot in investopedia watch more videos in youtube and eventually trade small amounts at first.

Nicoletan0831

newbie

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I am more curious rather than afraid. I like learning new things. Now of this day is the most important thing to do is learning the new things that might affect your daily lives.

patrickj

sr. member

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Quote from: Nanoid on January 14, 2018, 11:10:05 AM

When you first went head first into the unknown,what were your thoughts? What were you afraid the most? Huh

I'm afraid that bitcoin will be ban because of governments or banks that are now taking part of manipulating cryptocurrencies. I know that it cannot be controlled by someone but it can be by banning exchanges for cryptos like the South Korea exchanges.

masonrycrypto

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Scams, hackers, and Shitcoins

Coin12

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1st of May

Quote from: Nanoid on January 14, 2018, 11:10:05 AM

When you first went head first into the unknown,what were your thoughts? What were you afraid the most? Huh

That is scam like hyip or ponzi scheme that make i feel that i will loss my money if i invest in there.
As my previous experience about ponzi so of course i have bad feeling about this.

cryptobobo

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Well my thoughts are ,i need to know how the market works,what will be my role in the market,and how can i learn advance trading analysis.I know basics should be learn because it will be our foundation to what will be our place in crytocurrency world.

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