Topic: Whats your fears in new cryptocurrency? - page 15. (Read 3617 times)
People become more frustrated than they have confidence in the new coil. Because the price at which people buy coins at the market is not the price. This has reduced a lot of confidence in people. Seeing such a situation, people no longer want to invest. That's why people can't trust new coins.
Cryptocurrency market can be observed and searched. The more experience there will be. There is a risk of being added to some crypto projects. A lot of time is spent and nothing is found by working. I have no fear in crypto. Because I am a conscious lover of cryptocurrency. There are many new cryptos in this digital world. So you have to win without fear. Research and time must be given for this. If in doubt, find out where the risks are. Only then will you experience cryptocurrency.
Investors have learned a lot they will not support a project easily unless they can prove that they are legit projects and their product is unique and will benefit investors just like the Oikos project, it gained success and support because it's a defi project and everyone are talking about Defi now.
That is the legitimacy of new projects, there are many new projects created in the past few years. But without too many successful projects, most of them died and made many investors at a loss. I have participated in many ICOs and lost a lot of money with it
being a longtime player, the thing that scares me the most is buying ico, ieo fraudulent projects because I lost some money on them, now I only join ieo on reputable exchanges, level Highly competitive but low risk
Crypto currency is a breakthrough creation but there is bad side about what makes make it more scary wherein people used it create scam schemes that already had many victims all over the years. Greed what made them to do it hence it involves money and some people with that state of mind will always be end up always. I admire legit projects that wanted to innovate payment evolution through blockchain technology that will give positive output in the world of crypto currencies and wishing more people like that.
Most new projects are been built and released by unreliable CEO and team, fear is still very much present and investors are still having hard time believing new projects, can't blame them that's why IEO is more preferable than other crowdfunding for newbies.
It's good to have fear and sometimes it's just a prove that what you are about to do isn't safe, I believe I you come across a very interesting project you will know that it's safe, for example I don't expect anyone to be in a fear state if you see project like Avalanche (AVA)
actually not a bad fear, because I admit that working in a bounty campaign does not have to spend capital and just spend time. but I think that's enough, and if the bounty fails, there's no need to be too sad because we don't spend money. unless you invest, the fear that you experience is if the price goes down and does not go up, just like a trader.
I really admire the creation cryptocurrecy project that I thought it made quite complicated and needs a good concept to create cryptocurrency that can compete with the top coin. the thing I feared most in the crypto was when I was fooled by a new project that scam if I want to invest in a project ico most I fear the coin priced dump when listing on this exchange that makes people afraid to invest in ico.
Getting involve in a scam project is the worse because it means losing your hard-earned money. If we say new crypto, we cant set aside the thought of scam or shitcoins this is due to numerous scam projects that has the same goal and no concrete future to offer for the investors. Though there are also hidden gem in these new coins, the problem is its going to be hard finding that one.
Scams are sure everyone who plays crypto is afraid of this word getting stuck in the project he is following. ICO era many projects ended Scam, but in the IEO era also can not be denied and avoided Scam is still haunting. However Crypto is still sexy and promising in my opinion
whats important is to have more wins than loss in any investment. thats why one needs to learn and keep learning as much as you can. but never let your previous losses make you miss out on incoming opportunity. an opportunity missed is more worst than any losses.
It is inevitable that you invest in this market and you need to have a reasonable investment strategy to minimize risks. Everyone has their own fears, but if you do nothing, you will not be able to make a profit from this market. Almost all investors have a very difficult time when the market can not increase prices well and the bear market overwhelmingly makes the loss of money occur continuously. Now the situation is getting better and this is an opportunity for you to make money back because this year is expected to be a good year.
you did mention life is a risk at the end of your post then why your still afraid to take risk ?
dont you know that there are great projects too along those newer ones . you will regret not joining them but who wouldnt be ? even me i also feel regret especially seeing good comments about those hunters that joined a profitable campaign recently because we all here wants to earn and big earnings are always better than small . we should be fearless starting now
dont you know that there are great projects too along those newer ones . you will regret not joining them but who wouldnt be ? even me i also feel regret especially seeing good comments about those hunters that joined a profitable campaign recently because we all here wants to earn and big earnings are always better than small . we should be fearless starting now
1- Scammers developers: that is the main issue with new currencies. Nothing worse than investing in a project which is discontinued any time by the team behind it. Then promoters and enthusiasts lose money and reputation towards crypto community while developers vanish.
2- Low adoption: sometimes the developer team is very present and attentive, but the currency still needs adoption and support from crypto enthusiasts to achieve success, otherwise it will be a failure anyway.
3- Worthless features: the second point may be just a consequence of this one. As the currency doesn't offer any exciting new feature, investors won't dive in, so it's also a big fear when investing. You must ask yourself how useful this currency will be for its users. If you can't think about any good point, forget about investing on it.
Those are the three most feared points investors have in mind when investing in altcoins.
2- Low adoption: sometimes the developer team is very present and attentive, but the currency still needs adoption and support from crypto enthusiasts to achieve success, otherwise it will be a failure anyway.
3- Worthless features: the second point may be just a consequence of this one. As the currency doesn't offer any exciting new feature, investors won't dive in, so it's also a big fear when investing. You must ask yourself how useful this currency will be for its users. If you can't think about any good point, forget about investing on it.
Those are the three most feared points investors have in mind when investing in altcoins.
With those mentioned pointers, those are the reasons why sticking with bitcoin and top popular alts is better than investing in new coins. For instance, if you are holding bitcoin, you very well know that it will not disappear in the market but with those new ones, you have no assurance if they can keep their market or not. In terms of adoption, obviously, bitcoin is leading the pack. There are more merchants accepting bitcoin as compared to other secondary alts like eth, xrp or bcash.
1- Scammers developers: that is the main issue with new currencies. Nothing worse than investing in a project which is discontinued any time by the team behind it. Then promoters and enthusiasts lose money and reputation towards crypto community while developers vanish.
2- Low adoption: sometimes the developer team is very present and attentive, but the currency still needs adoption and support from crypto enthusiasts to achieve success, otherwise it will be a failure anyway.
3- Worthless features: the second point may be just a consequence of this one. As the currency doesn't offer any exciting new feature, investors won't dive in, so it's also a big fear when investing. You must ask yourself how useful this currency will be for its users. If you can't think about any good point, forget about investing on it.
Those are the three most feared points investors have in mind when investing in altcoins.
2- Low adoption: sometimes the developer team is very present and attentive, but the currency still needs adoption and support from crypto enthusiasts to achieve success, otherwise it will be a failure anyway.
3- Worthless features: the second point may be just a consequence of this one. As the currency doesn't offer any exciting new feature, investors won't dive in, so it's also a big fear when investing. You must ask yourself how useful this currency will be for its users. If you can't think about any good point, forget about investing on it.
Those are the three most feared points investors have in mind when investing in altcoins.
fear is important so that we are more careful in carrying out anything, especially in crypto, don't let fear stop a step forward, there will be gems behind the reef, if we can't break through the barrier then we will never be able to get results that maximum.
Number one fear is dev running from the project this is the worst of all second fear is the number failed to get in the market and they are being traded in a low-class exchange with no liquidity and volume at all and my third fear is when the project is not updating the platform and the developers are not active anymore in any of their social media account.
You mean, scam projects? In everything that we decided to do, there's a risk associated. If we don't take the risks and be a coward forever, how can we possibly achieved our goals?
Previous lame projects make today's crypto projects become more careful and meaningful to create. We all had a bad experienced before with those projects but that doesn't necessarily mean that all of them are crap. Just choose wisely, be vigilant and do some good observations.
Previous lame projects make today's crypto projects become more careful and meaningful to create. We all had a bad experienced before with those projects but that doesn't necessarily mean that all of them are crap. Just choose wisely, be vigilant and do some good observations.
Actually, the risk is everywhere and it is something unavoided. But for me, the biggest fear is the safety of my crypto assets once I put it on an exchange. Sometimes, I am quite worried that someone hacks my exchange account and steals my crypto coins. Even if I have done everything properly, but as long as it is connected with the network (internet), I assume there is always a chance for hackers to steal it. However, well, it is a risk that we must accept to work in the digital world like be a trader or investors of crypto coins.
If you keep worrying on exchange it is better if you will only deposit in exchange that is reliable and trusted for you to remove your anxiety about it. When it comes to trading, I keep avoiding cryptocurrency that is recently listed because most of them are keep dumping and that is why I only buy old tokens like ETH, XRP and LTC. Jump to: