Topic: Whats your fears in new cryptocurrency? - page 13. (Read 3617 times)
investing with an ICO project or with cryptoqurrency always has its own risks, there is no such thing as investing always in your favor, of course there are times when you experience a loss or profit. for me fear in the crypto industry especially when I wrongly invested my money with a dead project, the product did not develop and mostly came from new projects.
Well , 1st would be the lack of development. The 2nd would be that the team won't fully disclose the team behind the project as this could affect their trust in the long term run. Lack of at least 1 medium exchange would badly affect the project as this will not attract new investors so yea this is why I don't like new cryptos as we already have the bests ones out.
The crypto world is full of ups and downs, my fear is not losing all my capital investing in one unsuccessful project . i have already lost much in the past , and even during this trending DeFi i have invested and lost some money in some of them . i noticed that the one i am afraid to enter is the one that makes people rich .
My always fears in new Cryptocurrency projects is scam as some projects are there to scam innocent investors. No one can predict how sincer some team are because of previous encounters. I have witnessed alot of damages from new projects and team will list and dump instantly on investors.
What then is your fear in crypto?
My greatest fear in crypto is getting hacked or losing my private key or mnemonic phrase, hence losing my assets. Fear of losing funds to investment is normal, since it encourages you to do more research before investing.
The biggest crypto fear is scam projects, after ICO scam was over scammers took over IEO projects, I believe the easiest way of avoiding scam projects is going for projects from top exchanges like Okex or binance
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 are just lots of risk lingering by investing in new cryptocurrency nowadays, especially for the newbies or inexperienced ones in the space. One of the major reasons being that, many of these new projects are more of a scam than truth. Some people will just crate some fake coins/tokens, gather some dollars from innocent ones and run away. This has negatively affected the good image of crypto space from new investors.
What makes me fear in crypto is when I invest in a new project and after several months his team fails to achieve its goals and promises and in the end my investment is shitcoins that have no value and not included in the exchange platforms, As for the bounty work, the fear is that you choose a project that is not good and does not pay you what you deserve in the end.
This fear will certainly be experienced by investors when investing in new projects, because new projects sometimes make investors believe about their projects and the benefits they will get and they sometimes give promises to enter large markets, that is what they often promise investors , which makes afraid to invest in new projectsfeeling worried because of fear of losing money that has been invested in several new projects will be a major factor felt by all investors in this industry. the number of fraudulent projects that provide a sweet promise to investors can certainly be a consideration for people who want to invest in it, so that it can cause a sense of doubt. but there are some people who have the courage to invest in new projects and of course in the end before the ICO ends fear will surely come to them because it becomes a determination of the related project will succeed or vice versa
In crypto world anything happen,here is always a risk involve.I study about the project I have decided to invest but project can be scam or after coin listing price will be low.Its a initial headache of me.But my biggest fear is some projects create so much hype and they collect lot of money.But they never list on any exchange.If new project list on exchange,then there is a chance you can get back your money but if it is not listed or give any news then its a hell of a depressing.So I fear most that they will not list their coin in exchanges.
the reason why new coins always dump quickly is, because most of their holders exchange them for popular coins like bitcoin, or others. it is to be held in the long term. this causes a price reduction in a project and eventually will be left. Well, that is something I fear with new coins.
in addition to exchanging money on popular ones, maybe the money they get is used for vacations or buying new goods so that funds for development run out and eventually the project becomes deadlike ONE in binance, indeed the exchange also affects a new coin
In my opinion, first of all, everything depends on the development team. As they plan, this will be the further development of events. An example is the Cartesi project, which is listed on the binance rating exchange.Besides, they partially unlock tokens so that there is no massive drain of coins on the exchange.In addition, in recent years, the coin has risen by almost 40% in price. it means not only the project is promising, but the team's actions are correct.
the reason why new coins always dump quickly is, because most of their holders exchange them for popular coins like bitcoin, or others. it is to be held in the long term. this causes a price reduction in a project and eventually will be left. Well, that is something I fear with new coins.
in addition to exchanging money on popular ones, maybe the money they get is used for vacations or buying new goods so that funds for development run out and eventually the project becomes dead
I need a long time to invest in cryptocurrency projects, honestly, I am very doubtful when I want to invest. In a few years, I could only invest in 1 to 2 projects with relief. Because the cryptocurrency project is very vulnerable. But to do bounty or airdrop work, I didn't experience any fear because I didn't spend money on it, I did spend a lot of time and thought but I felt fine.
New crypto coins easily turn scam, that's my biggest fear in this industry but still I know better return of investment is assured if you invested on new altcoins that's why I'm willing to take risks on new altcoins
There was no guarantee for you mate, I know that you were talking about the insurance when you were investing in the new coin but it's depend on what exchange site that will be backed the coin.If that was a major exchange site and that's true you will always get good ROI
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?
My fear on new Crypto is can the dev keep up with the development of their project, some developers are just abandoning their project after they made money from their projects and because of this investors are losing money, coin is delisted in the exchange and holders cannot liquidate.
I agree, I have been into some projects where developers are pretending to have a product in progress with continuous updates. Once the project had some good market volume or demand, without investors knowing the team is slowly dumping their token for their own sake. It's difficult to find a precious gem among new projects now, due to some investors are even reluctant to stay in a project for too long.
But, we must not cross-out the fact that even the top altcoins that are trusted today faced the same circumstances and even accusations before yhey grew this big. Just be cautious of what project to support and when to leave a project, never HODL for too long.
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?
My fear on new Crypto is can the dev keep up with the development of their project, some developers are just abandoning their project after they made money from their projects and because of this investors are losing money, coin is delisted in the exchange and holders cannot liquidate.
New crypto coins easily turn scam, that's my biggest fear in this industry but still I know better return of investment is assured if you invested on new altcoins that's why I'm willing to take risks on new altcoins
There was no guarantee for you mate, I know that you were talking about the insurance when you were investing in the new coin but it's depend on what exchange site that will be backed the coin.If that was a major exchange site and that's true you will always get good ROI
What makes me fear in crypto is when I invest in a new project and after several months his team fails to achieve its goals and promises and in the end my investment is shitcoins that have no value and not included in the exchange platforms, As for the bounty work, the fear is that you choose a project that is not good and does not pay you what you deserve in the end.
This fear will certainly be experienced by investors when investing in new projects, because new projects sometimes make investors believe about their projects and the benefits they will get and they sometimes give promises to enter large markets, that is what they often promise investors , which makes afraid to invest in new projects 
The fears are pretty standard for me since i just started here. New crypto-currencies are harder to verify since they just started, i tend to stick to currencies known to my friends first to be safe.
We can’t denied the fact that most scam project are new crypto currency so most of investors have fear of investing to these tokens and because of that many tokens are failing due to lack of investors. My fears in new crypto currency are always there, you can’t guarantee 100% of your analysis will be favor of success of the project. Money and your effort in reviewing will be faded if the project failed or scam. 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?
Now I want to live my life without fear. Fear always costs you more than your regular situation. Now I don't invest in any new projects, you shouldn't be afraid of listed coins. Even some new projects are also promising, if they are managed by some of the top bounty managers. Actually now my only fear is my own team managing project.Jump to: