Topic: Why are people nervous about owning and investing in cryptocurrencies? - page 6. (Read 2214 times)
September 09, 2018, 03:06:52 PM
Peopel nervous because nowaday too much scam in the crypto and many investor lose too much money. inadditional, the the bear market is also a reason nervousing, normal people can not earn money in this time except whale.
September 09, 2018, 03:06:39 PM
I see a lot of questions about cryptocurrency. I don't understand why people are so suspicious. We all see that even taking into account the fact that the cryptocurrency fluctuates, falls, rises again. But from year to year growing. Even when the price is low, it is a great opportunity to buy more cryptocurrencies when a good time to sell is rising if it is not a long term investment. In any case, there are positive aspects, the main thing to be able to use them and look for. And there is no reason for tantrums and nerves. And the risks associated with cryptocurrencies, we all know and understand. To do this, we do our research. And each of us is doing everything possible to minimize the risks. So why are so many people constantly nervous and worried about it?
You can blame media. They portray bitcoin and crypto as something that is bad. Take for example, Warren Buffet's attack, calling bitcoin as a rat poison. That alone will not sink on a casual investors like the majority of us, or people wanting to enter. And then media saying that its been used by criminals. So media for me plays a big role on why crypto is getting a negative side from a lot of people and not wanting to join and enter the ecosystem. Yes, DYOR should be the first thing to do, research everything and when you are ready then enter and invest. No need to listen to media and don't be influence by them.Yes I agree, the media has been painting a mostly negative picture of crypto and particularly bitcoin.
I would say that most people who are not into crypto dont realise there are so many other projects
apart from bitcoin, and that they know the name bitcoin but dont have a true understanding of how
it actually works.
September 09, 2018, 03:02:38 PM
Many are so emotional and that clouds their trading or investment decision most of the time. Some are probably not used to seeing a down market and a red portfolio for months.
September 09, 2018, 02:57:46 PM
Its only natural people gets suspicious. Every one invests to earn money and who likes to lose. That’s why they are extra careful. But its also true that they can lose their investment totally. They keep that in mind prepare themselves for this kind of situation.
September 09, 2018, 11:35:13 AM
It's very easy to answer this question, for people it's still something new and it needs to be worked out, that is to leave the comfort zone, and this is not so easy, because of this many are experiencing
September 09, 2018, 11:04:49 AM
People get nervous because they only see the market conditions are falling. They are too scared of the decline and are very worried that their money will be lost.
September 09, 2018, 09:33:33 AM
Actually, the main reason is that newbies do not know about the crypto. Especially they do not have good experience about the crypto market. So they are very nervous about invest in the cryptocurrencies. This is normal, because in my early days I acted like them. That days i'm very nervous in the crypto market. Another thing is, most people do not yet know about the crypto. So I think that all these issues are resolved after getting good knowledge and getting more experiences.
September 09, 2018, 09:30:33 AM
My friend they will be nervous, when you are looking at what you invested on going under and towards crashing, though crypto currency can never crash, but at least we all have to hold for it to get better a bit before making a move to invest.
September 09, 2018, 09:10:26 AM
I think that it is obvious because investing in crypto involves risks even if you are an expert and have learnt the basics of trading in the crypto market. To my mind, being nervous is normal
September 09, 2018, 09:09:09 AM
Those who hold and have a cryptocurrency in their portfolio are nervous because their savings diminish every day.
And the rest are afraid to invest in the cryptocurrency, because there are risks of getting caught on scammers, that's why many people stop making decisions.
And the rest are afraid to invest in the cryptocurrency, because there are risks of getting caught on scammers, that's why many people stop making decisions.
September 09, 2018, 08:45:24 AM
Maybe they did not fully assess all the possible risks and were not ready for such a turn. It's very difficult to be prepared for the fact that you can lose everything. Therefore, if you know that it you is very painful to endure the loss of your money, then you better not waste your nerves.
We can not deny that we are very shocked at what's happening in the market now. The condition of the market now are causes nervous to a lot of people that holding huge amount of asset that more than they can afford because it might be lost.
September 09, 2018, 08:29:23 AM
I see a lot of questions about cryptocurrency. I don't understand why people are so suspicious. We all see that even taking into account the fact that the cryptocurrency fluctuates, falls, rises again. But from year to year growing. Even when the price is low, it is a great opportunity to buy more cryptocurrencies when a good time to sell is rising if it is not a long term investment. In any case, there are positive aspects, the main thing to be able to use them and look for. And there is no reason for tantrums and nerves. And the risks associated with cryptocurrencies, we all know and understand. To do this, we do our research. And each of us is doing everything possible to minimize the risks. So why are so many people constantly nervous and worried about it?
Now crypto marketplace is in downtrend and price of some coins fell by 10x. And among people who hold crypto, there are many who bought coins when price was high. Therefore they are nervous, their investments have depreciated several times. It will be a long time before they can return money invested.
September 09, 2018, 08:19:39 AM
Investments in cryptocurrencies are one of the most risky investments at the present moment. Faced with a lot uncertainties and the fact that a project can exit scam at anytime without any repercussions, makes people to be more averred to it
September 09, 2018, 08:17:31 AM
Perhaps some of them came here to become a millionaire in a week and when they realize that this is impossible, they start to panic. I do not think that a person who has been engaged in crypto for a long time and has well analyzed each of his investments will write about how everything is bad and that he is losing money. Such people are confident and just waiting.
September 09, 2018, 08:06:38 AM
Maybe they did not fully assess all the possible risks and were not ready for such a turn. It's very difficult to be prepared for the fact that you can lose everything. Therefore, if you know that it you is very painful to endure the loss of your money, then you better not waste your nerves.
September 09, 2018, 08:02:02 AM
The reason I believe people are nervous and scared about crypto investments is basically the high volatility in market, no regulations, market fluctuation making pumps and dumps, no government body support etc, many conventional investors need a third party to safeguard there investments let it be a government body or private firms who can take responsibility to keep there investments safe from hacks and thefts as well.
September 09, 2018, 08:00:05 AM
I see a lot of questions about cryptocurrency. I don't understand why people are so suspicious. We all see that even taking into account the fact that the cryptocurrency fluctuates, falls, rises again. But from year to year growing. Even when the price is low, it is a great opportunity to buy more cryptocurrencies when a good time to sell is rising if it is not a long term investment. In any case, there are positive aspects, the main thing to be able to use them and look for. And there is no reason for tantrums and nerves. And the risks associated with cryptocurrencies, we all know and understand. To do this, we do our research. And each of us is doing everything possible to minimize the risks. So why are so many people constantly nervous and worried about it?
those who bought at a higher price are very nervous. and now, having lost half or more, they are waiting for the return of the former value. And looking at the last year, many counted on rapid and stable growth. They made very optimistic forecasts. which are not justified yet)
but also because of inexperience in the trade)
September 09, 2018, 07:46:53 AM
First i would say that they are not exposed and they might have met the wrong set of people who have inflated their minds about it negatively so that has made they very nervous and not wanting to take the risk thanks
September 09, 2018, 07:46:26 AM
A friend of mine. Not all people understand the market so well. Many just came to play with the money or to chop them. They do not have enough experience, they have to learn a lot
September 09, 2018, 07:41:04 AM
People are a lot nervous about cryptocurrencies,because they are addicted to cryptocurrency in the hope of getting a quick income or quickly increase their investments in the wave of HYIP, but this wave has now passed, and many have made a mistake with the choice of the project or token, prices have fallen and many people have lost their investments and have to wait for the rise in value to return their investments. These people do not have patience and do not understand that the cryptocurrency market is very volatile and only patience and time can change the situation for the better.
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