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Topic: Whats your fears in new cryptocurrency? - page 11. (Read 3617 times)

copper member
Activity: 238
Merit: 1
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.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
It's very frustrating if your hard earned money will turn into nothing, but always keep in mind that in this world if you don't try to do something new to you then you won't not learn into something strange that will help you progress in the future. All I can advise to you is be more wise and do your research before entering or letting your money into cryptocurrency.

This is what we can do is to search a project first prior to join though we cannot stop a lot of scam spreading in this industry. The fear I have in crypto is losing much money no value at all to the coins I have hold. Everything has risks if we do not try we will not learn anything.
As long as you were choosing the right coin and that will never happen. I know you feel when your coin worth zero value but this can be prevented when we are investing in the legit coins. There was a lot of legit coins outta here. I think you know about this too.
hero member
Activity: 1428
Merit: 506
It's very frustrating if your hard earned money will turn into nothing, but always keep in mind that in this world if you don't try to do something new to you then you won't not learn into something strange that will help you progress in the future. All I can advise to you is be more wise and do your research before entering or letting your money into cryptocurrency.

This is what we can do is to search a project first prior to join though we cannot stop a lot of scam spreading in this industry. The fear I have in crypto is losing much money no value at all to the coins I have hold. Everything has risks if we do not try we will not learn anything.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
there is much to fear about the new crypto currency a lot of accuracy that must be done if you are not careful then the risk of loss will be greater
I always see from updates and volumes in each market if looks good can invest in altcoin it
yes, we will not know whether the token will really develop or not. however, so many things are worried about new tokens, so we need to pay attention to every development that occurs in each of its social media. a lot of new tokens are turning into scams now, and I hope that will decrease
sr. member
Activity: 1652
Merit: 299
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 could barely understand what you are trying to say here my friend. But, let me tell you something risk is involved in everything.
If you are driving a motorcycle, risk is involved. If you are walking on the road, risk is involved. Or if you are just going outside your home in this pandemic, risk is involved.

You take risks all the time so why not do the same with the crypto market? Just jump in and enjoy the ride. My biggest fear in cryptocurrency is losing my portfolio due to investment in a shitty project or coin. I keep my fear in check by researching about various project and carrying out background checks in order to verify the legitimacy and to decide whether I should invest or not.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
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.
They have been controlling their total supply and then when there was a lot of orders and they will be dumping it. As long as it has been creating by reputable team and it will never happen as the team is focusing to make the platform will be even bigger from time to the time.
sr. member
Activity: 493
Merit: 250
IDENA.IO - Proof-Of-Person Blockchain
The fear of losing your hard earning money.
Everyone is having this fear in their mind, the ones who are investing their money to buy cryptocurrencies have the fear of loosing their invested money, the ones who are not having money to invest are investing their time by becoming a bounty campaign participant and fear of getting scammed by the project team or not getting paid for their work done and if they get paid then they fear of the price of the token not reaching what was promised to them.
Everyone has their own fear of joining crypto, but most people are afraid of losing money or waiting too long. I am like everyone else because I am not a patient person in this market, so any investment I set a price to sell to ensure the best profit. However, the market does not always follow me because if the market suddenly drops, I can easily panic sell, and until now I have not overcome this.
newbie
Activity: 67
Merit: 0
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.
legendary
Activity: 1932
Merit: 1000
of course to learn how cryptocurrency price movements don't really need a very long time, just need to see from the chart created from the previous price movements I think it will find a vision that you can know a little about and to be safer better enter into cryptocurrency that has the potential and do not enter into cryptocurrency that does not have a trading volume.
true, if the volume is low for sure the coin will be difficult to rise again when the price has decreased, I've experienced it several times, even had to wait a long time, for that, it's safer to choose a coin that has a large volume and has the potential to rise in the future, so you can make a lot of profit
jr. member
Activity: 448
Merit: 4
It's very frustrating if your hard earned money will turn into nothing, but always keep in mind that in this world if you don't try to do something new to you then you won't not learn into something strange that will help you progress in the future. All I can advise to you is be more wise and do your research before entering or letting your money into cryptocurrency.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Even with a great risk of losing everything when investing in cryptocurrencies, I would never back down since I know risk equal to return. Greater the risk, greater the return so if you want to reduce the fear of losing, choose and research project properly before making an investment.

Always take time to study and research if you are planning to take your part into this market, like what you have said the greater
the risk the better outcome once you successfully select the right coin for your investment.

The fear of losing your hard earning money is still there with me and I know I can't ever remove it or become a fearless, reckless guy. So I try to make all my lost as a lesson to strive for better as myself over trade and invest in crypto. To gradually make it become my tool and never regret about not involving crypto.

No one in the right mindset that will not fear of losing their hard earned money, this is inside yourself as you wanted to protect yourself of losing
your investment.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
The fear of losing your hard earning money.
Everyone is having this fear in their mind, the ones who are investing their money to buy cryptocurrencies have the fear of loosing their invested money, the ones who are not having money to invest are investing their time by becoming a bounty campaign participant and fear of getting scammed by the project team or not getting paid for their work done and if they get paid then they fear of the price of the token not reaching what was promised to them.
full member
Activity: 396
Merit: 106
The fear of losing your hard earning money is still there with me and I know I can't ever remove it or become a fearless, reckless guy. So I try to make all my lost as a lesson to strive for better as myself over trade and invest in crypto. To gradually make it become my tool and never regret about not involving crypto.
Leo
member
Activity: 620
Merit: 10
Trident Protocol | Simple «buy-hold-earn» system!
Buying a scam coin and Dumping a bag that one is holding is one of my greatest fear in this space, because a scam project can never come back to rise again, and you tend to loose it all, but if you are dumped on, there is still a possibility of such coin to rise again if the team does not exit finally
member
Activity: 113
Merit: 10
Even with a great risk of losing everything when investing in cryptocurrencies, I would never back down since I know risk equal to return. Greater the risk, greater the return so if you want to reduce the fear of losing, choose and research project properly before making an investment.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
I am only fear if I don't have enough time to understand clearly about this market before it developes so fast and I will be left behind with old knowledges
As long as you spend 30 minutes a day learning about the market, I believe you will still have enough knowledge without being left behind. This market grows every day and if we invest without our knowledge, we will fail
In fact, we also need help from others to identify the project too. It can't be done personally as there was a lot of things things that must be researched by us. 30 minutes is a very short time to identify a project with so many aspects that must be taken. We need more than it to make our analyzation became more effective.
copper member
Activity: 994
Merit: 4
Initially, my fear was dip,I panic when ever the coin I am holding is falling in price,but over the years,I have come to realise that for the market to entertain new investors and balance,it needs to retrace,so right now I maximize every dip opportunity I see.
sr. member
Activity: 1162
Merit: 253
I am only fear if I don't have enough time to understand clearly about this market before it developes so fast and I will be left behind with old knowledges
As long as you spend 30 minutes a day learning about the market, I believe you will still have enough knowledge without being left behind. This market grows every day and if we invest without our knowledge, we will fail
of course to learn how cryptocurrency price movements don't really need a very long time, just need to see from the chart created from the previous price movements I think it will find a vision that you can know a little about and to be safer better enter into cryptocurrency that has the potential and do not enter into cryptocurrency that does not have a trading volume.
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
I am only fear if I don't have enough time to understand clearly about this market before it developes so fast and I will be left behind with old knowledges
As long as you spend 30 minutes a day learning about the market, I believe you will still have enough knowledge without being left behind. This market grows every day and if we invest without our knowledge, we will fail
hero member
Activity: 1652
Merit: 593
What I fear the most is that many new projects want to fool investors.  Compose a bad image of the crypto industry, prevent new people from becoming interested, and slows down adoption.

Transparency is the main feature of using bitcoin or other blockchain networks. However, many new projects eliminate it from the collection and utilization of funds. It is no different from traditional fundraising and company.

New projects also avoid escrow. There are many trusted escrow in this forum. Escrow adds more value to a project because it indirectly involves the community. The community is performing a massive role in supporting growth, and we have them here in bitcointalk.

Before investing, users should investigate about the team behind a project deeply. After that, learn the purpose and benefits. Avoid new projects that have the same mission but don't have extra features or competitiveness from coins that are already successful in the market.

We must also actively explain to new people that bitcoin and any other cryptocurrencies are money or commodities that are also used by fraudsters. Crypto is medium as FIAT used to scam people.
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