I do believe that if you sit down and have your full time researching about the cryptocurrency you want to invest in and with a help of many experts, articles (even though you should not fully trust them), you will manage to come up with a good decision in the end.
Investing in a new cryptocurrency is risky and you might feel unlucky eventually. Therefore, I think that the other problem of investors is trying to come up with a decision on whether to invest or not.
Topic: What Problems do new investors face when researching cryptocurrencies? - page 3. (Read 567 times)
March 05, 2018, 05:02:33 PM
March 05, 2018, 03:49:01 PM
Most people don’t look extremely deeply into ICOs and one piece of FUD could easily make a possible investor reconsider his/her decision, and it’s not always easy to find out what’s true and what’s false, especially in this day and age (it even happens on these forums all the time, just hop into Altcoin discussion). FUD’s my personal pick for the biggest issue for both investors and those who run ICOs.
Youre right they do not look too deep into ICOs. But since there are so many popping up everyday, one person will not have the time to dive in and read a bunch of whitepapers and check different team members LinkedIn profiles.
And now they are copytrading platforms, but I think the problem with that is people will give their money to someone and in this volatile market, lose their funds, and hastily back out of an investment. And if your first trade is bad and if it is from an investor you didnt fully trust, you will be reluctant to try that platform again
March 05, 2018, 03:39:07 PM
This is very true. Information is so widespread and for new investors looking to profit from crypto, they cannot tell which one is a good investment or not.
Do you think there should be an organized social network, other than bitcointalk, maybe a dapp that can eliminate FUD and false hype to help new investors? And be able to check the portfolios of “influencers” or “accredited investors” to see if they have the credentials to backup the hype/advice they are giving
Do you think there should be an organized social network, other than bitcointalk, maybe a dapp that can eliminate FUD and false hype to help new investors? And be able to check the portfolios of “influencers” or “accredited investors” to see if they have the credentials to backup the hype/advice they are giving
This a very good idea I don't believe it came from a newbie with a 3 post.
Even I doubt to invest in any cryptocurrency even if I knew some of them have a good potential offspring, furthermore I don't know if the information I gathered was a FUD and intended that way.
It is so annoying if you didn't invest at the first place and it turns out your instinct was right in the first place, just like what happen in WAVES.
Whether or not you are being sarcastic that it is a good idea, either way thank you 😊
March 05, 2018, 03:13:36 PM
Most people don’t look extremely deeply into ICOs and one piece of FUD could easily make a possible investor reconsider his/her decision, and it’s not always easy to find out what’s true and what’s false, especially in this day and age (it even happens on these forums all the time, just hop into Altcoin discussion). FUD’s my personal pick for the biggest issue for both investors and those who run ICOs.
Youre right they do not look too deep into ICOs. But since there are so many popping up everyday, one person will not have the time to dive in and read a bunch of whitepapers and check different team members LinkedIn profiles.
And now they are copytrading platforms, but I think the problem with that is people will give their money to someone and in this volatile market, lose their funds, and hastily back out of an investment. And if your first trade is bad and if it is from an investor you didnt fully trust, you will be reluctant to try that platform again
March 05, 2018, 02:57:44 PM
I went with Confusing / unhelpful information . If you go to any Telegrame channel , Reddit subs , big twitter accounts and even in this forum you will find that people will always recommend what they wish will go up so that they can make profit you will hardly find anyone that will recommend what is really good to invest in . this might be on purpose or might be with good well , but the results is the same at the end feeding other people information that you are not sure of or you manipulate some information to serve your purpose .
March 05, 2018, 02:48:59 PM
This is very true. Information is so widespread and for new investors looking to profit from crypto, they cannot tell which one is a good investment or not.
Do you think there should be an organized social network, other than bitcointalk, maybe a dapp that can eliminate FUD and false hype to help new investors? And be able to check the portfolios of “influencers” or “accredited investors” to see if they have the credentials to backup the hype/advice they are giving
Do you think there should be an organized social network, other than bitcointalk, maybe a dapp that can eliminate FUD and false hype to help new investors? And be able to check the portfolios of “influencers” or “accredited investors” to see if they have the credentials to backup the hype/advice they are giving
This a very good idea I don't believe it came from a newbie with a 3 post.
Even I doubt to invest in any cryptocurrency even if I knew some of them have a good potential offspring, furthermore I don't know if the information I gathered was a FUD and intended that way.
It is so annoying if you didn't invest at the first place and it turns out your instinct was right in the first place, just like what happen in WAVES.
March 05, 2018, 02:41:47 PM
On how we can identify the good to bad and reliable and unreliable. Only those who have exceptional mind can identify which is which. The problem here is the internet when we click or search for informations all will appear before you is a lot of recommendations that could lead to that and various information we couldn't think of.
This is very true. Information is so widespread and for new investors looking to profit from crypto, they cannot tell which one is a good investment or not.
Do you think there should be an organized social network, other than bitcointalk, maybe a dapp that can eliminate FUD and false hype to help new investors? And be able to check the portfolios of “influencers” or “accredited investors” to see if they have the credentials to backup the hype/advice they are giving
March 05, 2018, 11:29:17 AM
Most people don’t look extremely deeply into ICOs and one piece of FUD could easily make a possible investor reconsider his/her decision, and it’s not always easy to find out what’s true and what’s false, especially in this day and age (it even happens on these forums all the time, just hop into Altcoin discussion). FUD’s my personal pick for the biggest issue for both investors and those who run ICOs.
March 05, 2018, 11:07:22 AM
We all know there is a wealth of information on the internet about cryptocurrencies, but how much of it is actually helpful? How can you trust the person you are receiving information from? And is all the spread of FUD making you even rethink any of your investments?
In order to help new crypto investors, we need to come together to create a place for them to trust the information they are reading and the people they are getting it from.
If you selected, “Other” in the poll, please reply with whatever else you think new investors face when researching and then finally investing in crypto.
Thank you
In order to help new crypto investors, we need to come together to create a place for them to trust the information they are reading and the people they are getting it from.
If you selected, “Other” in the poll, please reply with whatever else you think new investors face when researching and then finally investing in crypto.
Thank you
Greediness and choosing the high cost non potential coin investment and fake ICO projects been spreaded everywhere are the big trouble for investors. I know these options are not in the list you gave.
However, these are my personal choice about the investors what they are looking into and fake them.
Very few people only goes with the cheap potential coin and make profit out of it.
March 05, 2018, 10:26:05 AM
I think the spread of FUDs is the biggest problem for new investors.
A person who wants to join an industry as an investor would probably want no flaws in it, and finding some would surely make him lose confidence a bit, or a lot in some cases. FUDs about cryptocurrencies do the same to new investors. They find a lot of negative news revolving around the whole crypto community, demonstrating a totally falsified form of cryptocurrencies. The investors start thinking that maybe they are getting into something they shouldn't, and that probably is a problem in my opinion for people willing to invest in cryptocurrencies.
This forum is all about that. We don't need to make any other place to do the same thing that is being done in this forum already. They just need to find it in order to get the genuine information about every aspect of cryptocurrencies. The information gained from this forum has never been different from what the reality is, and if there are any that are not totally true, they are corrected by others in the forum having more knowledge about that thing.
A person who wants to join an industry as an investor would probably want no flaws in it, and finding some would surely make him lose confidence a bit, or a lot in some cases. FUDs about cryptocurrencies do the same to new investors. They find a lot of negative news revolving around the whole crypto community, demonstrating a totally falsified form of cryptocurrencies. The investors start thinking that maybe they are getting into something they shouldn't, and that probably is a problem in my opinion for people willing to invest in cryptocurrencies.
In order to help new crypto investors, we need to come together to create a place for them to trust the information they are reading and the people they are getting it from.
This forum is all about that. We don't need to make any other place to do the same thing that is being done in this forum already. They just need to find it in order to get the genuine information about every aspect of cryptocurrencies. The information gained from this forum has never been different from what the reality is, and if there are any that are not totally true, they are corrected by others in the forum having more knowledge about that thing.
March 05, 2018, 07:16:05 AM
On how we can identify the good to bad and reliable and unreliable. Only those who have exceptional mind can identify which is which. The problem here is the internet when we click or search for informations all will appear before you is a lot of recommendations that could lead to that and various information we couldn't think of.
March 05, 2018, 04:34:31 AM
At first glance, these challenges aren't really that much different from researching non-crypto investment opportunities. Let's look at IPOs, for example, you've got unsolicited investment advice, FUD also exists, IPOs are extremely confusing with relentless fineprint and loopholes.
Which probably reflects the reality people fail to understand: you really do need to arrive at an investment decision after a lot of research and planning.
What's worse, even if you somehow find a project that meets traditional criteria, there's little the crypto investor can do to influence the investment in crypto. You're basically giving your funds and hoping for the best.
I think serious investors face one additional problem with crypto investments: regulation. There isn't a single ICO that is compliant yet, despite what they want you to believe. Because regulations haven't caught up yet. And when it comes to jurisdiction, it's not clear which regulation and which directive applies.
Which probably reflects the reality people fail to understand: you really do need to arrive at an investment decision after a lot of research and planning.
What's worse, even if you somehow find a project that meets traditional criteria, there's little the crypto investor can do to influence the investment in crypto. You're basically giving your funds and hoping for the best.
I think serious investors face one additional problem with crypto investments: regulation. There isn't a single ICO that is compliant yet, despite what they want you to believe. Because regulations haven't caught up yet. And when it comes to jurisdiction, it's not clear which regulation and which directive applies.
March 05, 2018, 02:02:02 AM
We all know there is a wealth of information on the internet about cryptocurrencies, but how much of it is actually helpful? How can you trust the person you are receiving information from? And is all the spread of FUD making you even rethink any of your investments?
In order to help new crypto investors, we need to come together to create a place for them to trust the information they are reading and the people they are getting it from.
If you selected, “Other” in the poll, please reply with whatever else you think new investors face when researching and then finally investing in crypto.
Thank you
In order to help new crypto investors, we need to come together to create a place for them to trust the information they are reading and the people they are getting it from.
If you selected, “Other” in the poll, please reply with whatever else you think new investors face when researching and then finally investing in crypto.
Thank you
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