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Topic: Whats your fears in new cryptocurrency? (Read 3629 times)

sr. member
Activity: 1078
Merit: 250
November 21, 2020, 11:00:40 AM
Definitely the most feared one. Aside from having all coins down to zero which I think is impossible to happen. Since you for an instance put some money in a certain projects and the team was not able to deliver what you want them to be, the project might turn into a failure which may lead to lose of your investment,.
Yes, that is something that is very feared by all investors who often invest in all projects, so they must be really observant in choosing a project so that their investment does not lose when the project fails.
legendary
Activity: 1974
Merit: 1150
November 21, 2020, 10:25:14 AM
I am never afraid of new projects because I always do research before investing, that's the same when the old project now becomes a new project right! so it's no different from the current new project
Failure or scam are two of the most common reason investor fear new project. Research can help you determine potential project, but it cant guarantee that they will not fail in the end. There is always a risk investor must consider if they want to invest in a project and that doesn't just apply to new project as all altcoin project have the same potential to fail to thrive and maintain their strength in the market.
TWW
full member
Activity: 1456
Merit: 109
November 21, 2020, 09:37:53 AM
I think I have most popular fear in crypto - FOMO. Every time I see in my portfolio, how bitcoin or any other altcoins price goes down for +5% I wish either sell it immediately, either exchange to USDT. I have already burned myself many times selling on such drop and seeing how the price goes back and up in few hours... Cant do anything with it...
the problem is your own psychology in dealing with extreme market situations. it's very natural, but you have to be able to handle it. try short-term investments in less risky assets like ETH and other top assets. start slowly, the more often you do investment and trade and market analysis I think you will definitely get used to it and will not be nervous and panic again.
legendary
Activity: 2492
Merit: 1215
November 21, 2020, 09:33:28 AM
I think I have most popular fear in crypto - FOMO. Every time I see in my portfolio, how bitcoin or any other altcoins price goes down for +5% I wish either sell it immediately, either exchange to USDT. I have already burned myself many times selling on such drop and seeing how the price goes back and up in few hours... Cant do anything with it...
sr. member
Activity: 1414
Merit: 255
November 21, 2020, 09:18:42 AM
I am never afraid of new projects because I always do research before investing, that's the same when the old project now becomes a new project right! so it's no different from the current new project
member
Activity: 882
Merit: 13
November 21, 2020, 07:54:56 AM
The only problem what could happen is that the token will die due to team's inactivity, nothing else. But the question is for how long we will accept this behavior from the ICO teams? It shouldn't be so easy to leave the not developed project without refunding investors.  Roll Eyes

Definitely the most feared one. Aside from having all coins down to zero which I think is impossible to happen. Since you for an instance put some money in a certain projects and the team was not able to deliver what you want them to be, the project might turn into a failure which may lead to lose of your investment,.
jr. member
Activity: 30
Merit: 5
November 21, 2020, 06:55:00 AM
In the past years in this cryptocurrency project many of has experienced had I know especially me because of some cryptocurrency project I missed to participate because of fear and doubt, as a person if you begin to look at the risk and what you have lost in the digital world you Will never get yourself involve in new crypto currency forgetting that life itself is a risk. What then is your fear in crypto?

yes i have some fear about some Projects the project is good but i have some fear the project token price is very low ans project has scam and now a days token price down are High any time it's not good for me i have some fear project are good potential but hold are ttoken any time price is down now selling not received minimum investment now i have some fear i know some technical analysis not good technology analysis this is my fear
full member
Activity: 630
Merit: 102
November 21, 2020, 03:39:25 AM
In the past years in this cryptocurrency project many of has experienced had I know especially me because of some cryptocurrency project I missed to participate because of fear and doubt, as a person if you begin to look at the risk and what you have lost in the digital world you Will never get yourself involve in new crypto currency forgetting that life itself is a risk. What then is your fear in crypto?

There will be many more new projects and this is great. I believe that you should not be afraid of new things, the most important thing is that these are worthy projects that will make our life better and more interesting, as well as create competition in the market, this is also very important.

Maybe only some people feel afraid and what system will be implemented next if IEO and DeFi are not successful or have not been implemented in all projects, of course there is a concern for everyone, especially investors and not for bounty hunters, like their bounty hunters. do not care about the concept of what to use because they will not get a loss, because they are bounty hunters, it is just disappointment that bounty hunters get, if their work is not paid or is postponed, it's different from investors who have the risk of losing money, of course all investors will think hard to see what kind of concept the project will take regarding new things and it is not arbitrary, you have to be careful because the risk of losing money is very large
member
Activity: 99
Merit: 10
November 21, 2020, 03:37:48 AM
There are many reasons for fear in the new cryptocurrency.
 There are many cryptocurrencies that come to the market with many advertisements of their own but cannot survive for long or they are scammers.
 However, I do not invest without knowing the details of cryptocurrency.
 So I urge everyone to be careful about this.
 Thanks.
sr. member
Activity: 868
Merit: 250
Your Data Belongs To You
November 21, 2020, 01:07:11 AM
i believe that i will not surprise nanyone here if i will wright that only fear in new cryptocurrency that it turns out that that project is scam) second moment that project will give up when it will face with difficulties. that is all. if you have enough patience you will get profit. tomoprrow or in two years.
full member
Activity: 616
Merit: 107
November 20, 2020, 11:06:44 PM
In the past years in this cryptocurrency project many of has experienced had I know especially me because of some cryptocurrency project I missed to participate because of fear and doubt, as a person if you begin to look at the risk and what you have lost in the digital world you Will never get yourself involve in new crypto currency forgetting that life itself is a risk. What then is your fear in crypto?

There will be many more new projects and this is great. I believe that you should not be afraid of new things, the most important thing is that these are worthy projects that will make our life better and more interesting, as well as create competition in the market, this is also very important.
legendary
Activity: 1540
Merit: 1002
November 20, 2020, 08:11:37 AM
My real fear of crypto is when I invest in scam projects. my previous experience was like that. when the project owner or CEO goes wordlessly along with the investment of many people and it will come back to being a scam even if the project is good enough but now I learn from it I'm not going to waste my time on some projects that I know are only used to promote some and fall that it will run.
Keep in mind that doing research on a project team is the basic of crypto investing, because the decision maker is in the hands of the team. make sure if you want to follow or invest in a project, they have a credible team, at least already known in the blockchain space. and the second is the project itself, projects without real use cases will eventually die by themselves and development is likely to stop halfway because they don't know what else they have to do. make sure the project has a use and also offers an accurate solution
jr. member
Activity: 453
Merit: 2
https://goldeth.io/
November 20, 2020, 08:04:49 AM
My real fear of crypto is when I invest in scam projects. my previous experience was like that. when the project owner or CEO goes wordlessly along with the investment of many people and it will come back to being a scam even if the project is good enough but now I learn from it I'm not going to waste my time on some projects that I know are only used to promote some and fall that it will run.
member
Activity: 1274
Merit: 14
November 20, 2020, 07:35:12 AM
I am always wary of new projects in cryptocurrency. Before taking part in them in any way, I try to study them, this is especially important when investing. It will be very unfortunate to lose your time, and especially money when the project turns out to be a scam.
sr. member
Activity: 644
Merit: 364
In Code We Trust
November 20, 2020, 03:00:12 AM
If that's the case, he is a weak hand.

He shouldn't let himself involve in cryptocurrencies because he'll always be disappointed and only think of the possible losses that he will make in the long run. But, if he's aware of the risk and he's still remaining and believes with his choices, he deserves to be here.

My fear is that there's still an increasing number of useless cryptos being added.

One of the things that might a cryptocurrency die is when investors stop investingg and when people are not using anymore. It will become senseless and useless because when that happen it means that the value of a specific coin is too low. If many people are suddenly stopping from being active in crypto it is also a factor. How about those bigtime crypto users when they stop too? Mu fear is the unpleasant welcoming of other member to new members.
sr. member
Activity: 882
Merit: 269
November 20, 2020, 02:25:54 AM
In the past years in this cryptocurrency project many of has experienced had I know especially me because of some cryptocurrency project I missed to participate because of fear and doubt, as a person if you begin to look at the risk and what you have lost in the digital world you Will never get yourself involve in new crypto currency forgetting that life itself is a risk. What then is your fear in crypto?
"scam"! This is my biggest fear of new cryptocurrencies...
every new cryptocurrency always offers that they will be the best and will be able to shift Bitcoin, Ethereum, or others. in fact, that new cryptocurrency has become useless because it is simply not in demand. it's better to just focus on obvious old cryptocurrencies like Bitcoin or Ethereum.

This was the main cause of fear by entering cryptocurrency and even by investing in a new rising coin or altcoin. Scam were almost everywhere and i don't get it why people were happy to used this inhumane strategy to get a high profit which will not cause them a lot of time of waiting and an instant high profit. And it is so hard to identify which altcoin were worth investment that's why a only tips that everyone tells was to stick to the proven altcoins like ETH.
jr. member
Activity: 113
Merit: 1
November 20, 2020, 01:37:10 AM
Currently I have get to be so obsessed with crypto that I don't get to feel my losses as my gains tops the losses. Besides in every investment there is some sort of risk so I got to believe that this is where I belong so far
sr. member
Activity: 1288
Merit: 253
November 19, 2020, 10:52:37 PM
In the past years in this cryptocurrency project many of has experienced had I know especially me because of some cryptocurrency project I missed to participate because of fear and doubt, as a person if you begin to look at the risk and what you have lost in the digital world you Will never get yourself involve in new crypto currency forgetting that life itself is a risk. What then is your fear in crypto?
I am not afraid there is nothing in crypto because all investments have risks if someone does not want to take risks then his life will never change everyone is demanded to try if there is no effort then things will be in vain I myself have long taken this risk for crypto currency in order to live a better life because of that investing in crypto is a risk to get big profits and will make things look much better and clear because investment opportunities are real and open to everyone.
jr. member
Activity: 66
Merit: 1
November 15, 2020, 01:19:46 AM
Rugpulling everywhere, losing money is the biggest fear for every crypto user and for me as well. I already experienced it so if it happens again it will be disastrous, I already change my approach in investing by taking an eye to uniswap. If its successful and not dump too much then its a legit project, I always make a profit doing it it give me around 80% investment success but the fear of rugpull is still there so just DYOR.



member
Activity: 536
Merit: 15
November 14, 2020, 04:15:31 PM
All things considered, the risk is all over and it is something unavoidable. Yet, as far as I might be concerned, the greatest dread is the wellbeing of my crypto assets once I put it on an exchange. Now and again, I am very stressed that somebody hacks my exchange details and takes my crypto coins. Regardless of whether I have done everything appropriately, except as long as it is associated with the internet, I expect there is consistently an opportunity for hackers to take it. In any case, well, it is a risk that we should acknowledge to work in the digital world like be a trader or investors of crypto coins
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