Whats your fears in new cryptocurrency? - page 10.

Metall303

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Quote from: Peanyut991 on July 31, 2020, 10:46:04 PM

Although I know for sure that investing is a risk, but my fear in crypto is actually when I invest in a scam project.
Because it's a trauma that I can't really forget.

you can always forget your bad experiences. Earn new money and continue investing. if you will not do it you will never become rich

rahmatullah9305

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Quote from: ?? on ??

mistakes and failures in choosing a project I think of course will provide experience for those who are still curious and like the crypto market. but for those who feel cheated, they will soon be out of the crypto market with losses.

The point for people who always try with various efforts is a person who is extraordinary and he will definitely get the results he wants, and if someone comes out of the crypto market just because of being cheated once, then he is a loser who has no sense struggle within himself.

jennerpower

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That's exactly what I was afraid for. I've been through many ICOs and joined a lot of bounties. I also experience being scammed and cheated but luckily not most of them. That's why we need to have a closer look to the company's goals and objectives. The background of the managements and we also need to remember those developers. We may do advance thinking and trust our instincts. I mean, there's a lot of ICO that you can find. If you doubt and suspect that specific ICO then you can also find another one but that's not always the case. Most of them are startup which needs us to help them their company grow.

jcpone

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Quote from: Akash Crypto on July 26, 2020, 02:05:36 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?

Well, for several years stayed here, my fears was already gone away. Because most of the fear I faced here was already done.
So, right now! I am quite aware for what is happening in cryptocurrency whether the market is bullish or not, just what I learned now
is I knew what to do first if there is a bad scenario happening now.

lienfaye

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Quote from: Peanyut991 on July 31, 2020, 10:46:04 PM

Although I know for sure that investing is a risk, but my fear in crypto is actually when I invest in a scam project.
Because it's a trauma that I can't really forget.

Well I think most of us have that fear. Of course we want to make sure we invest on the right project but sometimes its inevitable to encounter such despite of the research that we did. The good side is we learn from that mistakes and aware of what to do the next time we look for a new project.

jademaxsuy

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Quote from: trauchot on August 01, 2020, 03:49:12 AM

I think that the main danger of the cryptocurrency sphere is fraud, because there are too many scammers in this area and these scammers deceive people on an ongoing basis and will deceive people in the future, so I am always afraid of this and I hope there will be much fewer scammers in this area in the near future.

Yes, there are many of the scam, fraud and other in the likes of this activity but it never discourage me to join in cryptocurrency. Those who are new may end up in quitting this kind of ventures but for me I will take another chances on earning. I may have made losses before but pretty sure I learned my lesson and for sure next time it will be a gain if it is not that much at least I made a gain for doing nothing just having some patience waiting for the right time to sell crypto.

trauchot

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I think that the main danger of the cryptocurrency sphere is fraud, because there are too many scammers in this area and these scammers deceive people on an ongoing basis and will deceive people in the future, so I am always afraid of this and I hope there will be much fewer scammers in this area in the near future.

asriloni

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Quote from: josgandosbro on July 31, 2020, 01:33:37 PM

Quote from: ?? on ??

I have seen such a project lately. That's Dogdata, they completed IEO at Bitforex and traded at IEO price for a few days. But right after that the price dropped 100 times in just a few hours, obviously that project sold the token and caused the price to collapse so much. Be careful when investing in new projects at the present time, there are too many risks for us

\
from the beginning I was suspicious of this project because they were planning to make 2 tokens, after ETHBN dump, they now make BONE tokens and if you want to swap then everyone must have enough ETHBN because the 4000: 1 ratio

It looks like the dev was issuing a new token after it has been dumping the old coin. Those who have bought ETHBN has been loosing a lot of money caused by the shady decision that has already taken by the developers. This coin looks so crap

Peanyut991

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Although I know for sure that investing is a risk, but my fear in crypto is actually when I invest in a scam project.
Because it's a trauma that I can't really forget.

CHENIEN

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Decentralized Ascending Auctions on Blockchain

In reality, more people are still fear of dangerous transaction that is why many of them are stock in one piece of stake. Actually, they themselves keep their own money instead of investing then at the end of time runs, those accumulated are gone. I think this kind of manner is probably the wrong decision as side effects from a coward

abayan

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Quote from: Akash Crypto on July 26, 2020, 02:05:36 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?

Fear in crypto? Well I guess my fear in crypto is when the owner or the CEO of the project run without any words together with the investment of many people and it will return to be scam even if the project was quiet good but now I learn from it I'm not going to waste my time on some project that I know just using to hype some and fell that it would be run.

oscarftw

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Quote from: Akash Crypto on July 26, 2020, 02:05:36 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?

After some time I will be OK, but when it happens, I can't control myself. When failed very long time projects like 28-35-40-52 weeks. I can't imagine how a project failed after a long support without a weak team. In cryptocurrency, scam projects are always higher but long term projects are always successful.

josgandosbro

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Quote from: ?? on ??

I have seen such a project lately. That's Dogdata, they completed IEO at Bitforex and traded at IEO price for a few days. But right after that the price dropped 100 times in just a few hours, obviously that project sold the token and caused the price to collapse so much. Be careful when investing in new projects at the present time, there are too many risks for us

\
from the beginning I was suspicious of this project because they were planning to make 2 tokens, after ETHBN dump, they now make BONE tokens and if you want to swap then everyone must have enough ETHBN because the 4000: 1 ratio

alisonwonder

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Quote from: ?? on ??

The risk exists for a reason to make us need to be careful and fearful of our investment. If I have to look back on all my missed chance to invest because worry too much on the risk, well I wish that I could be more boldly.

If you dare to invest because you have done research and research, then you are very extraordinary, but if you dare to invest without doing anything it is very silly, because a person's courage is always based on recommendations and knowledge that he knows.

I think it doesn't hurt if you use daily money it's just that you have to be able to manage money to invest in cryptocurrency and money to survive because if you use all your daily money then you will lose money when prices fall and you will lose, so stay calm and do a good step to enjoy the results of your investment and efforts.

ife2020

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Quote from: ?? on ??

The risk exists for a reason to make us need to be careful and fearful of our investment. If I have to look back on all my missed chance to invest because worry too much on the risk, well I wish that I could be more boldly.

The risk and fears truly exist, but it is not in existence for you to be fearful to invest, instead the risks are there for you to sit up, and be able to do your own research, study trade charts, master a working structure that works for you, so that you will overcome the fear ultimately. Any investment you use your funds for in crypto currency and you are fearful; then it is safe to say you have literally gambled. As a crypto currency investor, you must be able to see into what the future hodls in price and value for a particular project you are looking after.

sayulita

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CyberTrade

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I think any exchange thats not responsible for their own mistake should be abandoned, there are so many exchanges out there that could be responsible for their mistake unlike cryptopia and definitely deserve us as their users. same thing to new cryptos that usually just abandon their supporter after fundraising end, they should receive some kind of punishment.

Many exchanges are always there for the users, in case of an Exchange hack too most of the exchanges restore the funds of the users from the pool of the exchange bitcoins and still run profitably in the long term and some of the exchanges just take the hack as an excuse and shut their doors completely taking away the users funds with them.
The only punishment that they can get is that the old users would withdraw their funds and go to another exchange, there should be something harsh than this, maybe downgrading their ranking on the exchange ranking websites or something else so that the exchanges would start thinking about their security more seriously than they are currently doing.

BayAngelo

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Personally, i am optimistic in every investment i did but crypto has taught me so much lesson. i must understand the project i am investing in and there is no guarantee that the project will be profitable. you might loose your funds at the very end and any mistake could be costly. either you jump in to avoid FOMO and get burned OR you jump in thinking you bought the deep and it keeps going down.

wildflower18

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Quote from: ?? on ??

The risk exists for a reason to make us need to be careful and fearful of our investment. If I have to look back on all my missed chance to invest because worry too much on the risk, well I wish that I could be more boldly.

Granted we worry much from our failures in the past and there’s a future awaits in crypto. Without taking risks we will not know what's the future hold. That's right this risks in crypto could make us learn to be careful and also to learn new things. We have fear and doubts and that's normal.

InwardContour

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Quote from: Henrytrust on July 31, 2020, 06:38:51 AM

It's actually very difficult to find someone who invest time or resources into this space and hasn't made any loss. The space is actually for those who are dogged and resilient on their quest for success. I've believed in several projects in the past and invested or held their tokens even when I had the opportunity to sell out, but the tokens dumped on me. It feels really bad having to go through the same hurdles over and over again.

Several of the events I've been scared of, end up happening and I'm still here. If it doesn't kill you, it makes you stronger.

I like your last line, that's the mindset of a core investor. However, any crypto investment ( which involves risk taking) should be well calculated and proper risk management applied. But no matter how careful we are sometimes, the market goes south and affect our investment negatively. My greatest fear in crypto is getting hacked in centralized exchanges with no refund policy, this hit me hard on cryptopia wayback.

Untomabur

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Quote from: ?? on ??

Quote from: noselfdub on July 30, 2020, 10:08:55 PM

In new crypto project with bounty and airdrop, i'm fear that they will turn out scam and do not pay token. In new crypto traded on exchange im fear to invest in it because they often have flash dump and it may drop over 100% value after a flash dump.

I have seen such a project lately. That's Dogdata, they completed IEO at Bitforex and traded at IEO price for a few days. But right after that the price dropped 100 times in just a few hours, obviously that project sold the token and caused the price to collapse so much. Be careful when investing in new projects at the present time, there are too many risks for us

Did you buy IEO Dogdata on Bitforex? it can be learning, because the exchange that guarantees IEO can be good is Binance or Huobi, and also Bitfinex,
besides that, you already know what will happen

Topic: Whats your fears in new cryptocurrency? - page 10. (Read 3617 times)