Topic: Why so much hype on crypto (Read 1520 times)
The crypto currency market is a very young industry, but this industry needs the right legislation. Then the crypto currency will become a part of our daily life
The crypto currency market is a very young industry, but this industry needs the right legislation. Then the crypto currency will become a part of our daily life
* right legislation * for what?
All governments have been out of hand for cryptocurrency and if there is a problem the owner can sue without a third person choice.
The core is still cautious and alert to the SCAm caused by cryptocurrency.
Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.
Yes, I agree with you. Cryptocurrency, blockchain is a completely new and very interesting topic. If you start work in this direction, you must first collect and study a lot of information. An unprepared person can make mistakes, and lose a lot. 
in the world of cryptocurrency, we really need to know what will be obtained in it, such as the profit and the risk. there are many risks that can be obtained in the cryptocurrency world if we are not careful. but if we can use the cryptocurrency world well like reading the market well then we will get the benefit.
All want easy money if earlier it turned out-that now already isn't present.You need more extensive knowledge and skills to earn.
There are many hyoe here about the crypto because of the media. Media really can be able to spread all things and information about the crypto and all projects very quickly. the hype is that based on the people experience, positive issues, and also some great promotion offered by the projects or crypto holder. However, be careful with the hype and stay calm and wise in crypto.
Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.
And you are sure that informed people know the final price for a coin and can be sure that tomorrow there will not be another adjustment, which will reduce it even more. I think that while you can only guess about the movements of the market, and about the prospects of coins can be read on any site, about all the benefits. 
Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.
This is not simply HYPE for HYPE's sake. The "hype" surrounding crypto is well warranted because it is something that has value merited by it's potential utility to change and improve the financial and overall global market economies.
Sadly, some scam projects/ICOs use this method to attract victims at the guise of high yield investment programs (HYIPs). Truly education is the best way to not fall victim to these scams.
theres some company out there that have already adopted blockchain for their usage in their company and it seems that everything working very well.
Simply because people want to earn money in shor term without much effort so they want to invest on the crypto currencies and make money here but this ks the reason many people losing their capital they were just trapped by the strategies of whales they need to follow the rules before investng here.
I totally agree with you. Many people fall victim to the hype surrounding every cryptocurrency-bubble. There is always somebody captured by FOMO (fear of missing out), buying massively in at the peak of a bubble, just in hope to make quick money, while not understanding cryptocurrencies at all. That’s a bad reason, don’t do this. Learn before you invest. If you want to invest in cryptocurrencies, Bitcoin is still a standard item of every portfolio but it is no longer the onliest asset. In every well-balanced crypto-portfolio today you find other coins or alt coins. You just have to read and do your research before investing your money.
I think there is nothing that wrong with the hype because, people tend to hype it based on the money they've harnessed from it previously. But the truth remains that, never fall victim of following the crowd. Once any project is being overrated, in my humble opinion, I believe there is a fishy underlying factor.
The hype is all over crypto because its a brand new technology which far exceeds the paper bills we are using. If we do manage to get free money the implications for humanity will be huge.
Because most do not know what they’re investing in and would rather listen to the crowd. What happens then? Prices crash once you’ve bought into it. Taking a loan or using all your life savings can be hugely risky, especially if you do not have the prerequisite knowledge on the tech and the coins. Be informed. Ask the right people. Arm yourself with knowledge before jumping on the hype-wagon. This would significantly reduce your risk and most importantly, position you to invest in the long-term fundamentals of the technology.
This is not simply HYPE for HYPE's sake. The "hype" surrounding crypto is well warranted because it is something that has value merited by it's potential utility to change and improve the financial and overall global market economies.
Sadly, some scam projects/ICOs use this method to attract victims at the guise of high yield investment programs (HYIPs). Truly education is the best way to not fall victim to these scams.
I wouldn't call it a hype. I'd say that's compulsion. Advertising inspires people that you can earn a lot of money on cryptocurrency.
So that we are not monotonous in investing, hunting Bounties, Trading and others that are in the Crypto world. Lots of coins like Bitcoin, Ethereum, NEO, EOS and others. because they are both a great opportunity for us to seek profit. and not just monotone and settling on one coin like Bitcoin. then if so you will not be able to develop in the crypto world.
Crypto's hype is obvious because everyone wants to get money and especially it will be easy for those who knows enough about computers and modern systems.
agree with this post, everyone wants to learn crypto because they want to get money quickly and not learn how the system works.I hope that people can realize that there is no quick money, they need to follow the process and there will be a time for them to make money and they don't have to cheat people to get their money. besides that, if they still doing this, I am sure that in the future, they can get the same experience like the people that they cheated and even they will get the very bad experience because they cheat other people.
because crypto is the key to our bright future .
Crypto's hype is obvious because everyone wants to get money and especially it will be easy for those who knows enough about computers and modern systems.
agree with this post, everyone wants to learn crypto because they want to get money quickly and not learn how the system works.
In my opinion, the most important thing for novices is their lack of knowledge but they enjoy the benefits. So they make mistakes when investing. In order to be successful in the cryptographic market you need continuous learning.
basically, the world of cryptocurrency is a world that full of advantages and risks. if we can't use it properly then we will get a risk. the risk that we will get is the loss. it all depends on how we can manage our crypto assets well. if we can keep it well then you will get many benefits.
Jump to: