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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Susano on January 23, 2023, 04:28:24 PM



Title: What makes you into crypto at the moment?
Post by: Susano on January 23, 2023, 04:28:24 PM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.


Title: Re: What makes you into crypto at the moment?
Post by: dothebeats on January 23, 2023, 05:20:19 PM
Monetary gain is honestly the main reason why I'm still here in the crypto scene. There's just a lot of money to be had in crypto that the opportunity is extremely hard to pass on. Other investment schemes may give you stability in the long run, but the amount of money you should have to enter their market is extremely high, thus not making it as viable and as affordable as it should be. Also, in crypto, profits can easily be realized not unlike stocks, gold, or any other investments out there that movement takes months or even years to happen.


Title: Re: What makes you into crypto at the moment?
Post by: AakZaki on January 23, 2023, 06:08:59 PM
I came before ATH happened and bitcoin was so popular and there was no significant increase yet.
came to cryptocurrencies just to know what crypto is and trading. Trying to learn to trade self-taught, using bitcoin as the first coin to learn trading.
Bitcoin made me know crypto until now, not because bitcoin is the hype it is today, but more as a profitable investment in the future.
Bought in 2016 and then held it until the price hit the highest ATH in 2017. I made a lot of profits and started all trades well so far. I also expand on ICO, IEO, staking and other projects.


Title: Re: What makes you into crypto at the moment?
Post by: $crypto$ on January 23, 2023, 07:25:54 PM
I have experienced profits from IEO, IDO, DeFi of various kinds. I have been looking for profits from new projects, of course the profits that are obtained are not without loss, this must have been experienced by anyone, but right now I can only survive with the bitcoins I have. as long as purchases at low prices will be held for a long time.

But now that the market looks to be recovering I would expect more to bounce off of this recovery, at least to be able to make a comeback from some of the current hype.


Title: Re: What makes you into crypto at the moment?
Post by: Anonylz on January 23, 2023, 08:08:08 PM
To change my financial of course, I do have a job but having an extra source of income is very helpful especially in our current state of the economy.
Besides, crypto is the easiest asset to be invested in,  it doesn't requires any lengthy procedure nor does it require certain degree of skill and knowledge.


Title: Re: What makes you into crypto at the moment?
Post by: el kaka22 on January 23, 2023, 08:16:29 PM
I have to say it is my work mainly, but it was always a distrust to government. I mean no person in the world likes their government 100%, even if you voted for your president, you think they could have done a better job at certain things and because of that not everyone trusts them and yet for some reason people still use their money.

I, on the other hand, use crypto which is a lot better because it is not tied to any government, and even though the price can change because of governments, bitcoin itself won't change and that's why it's a lot harder for anyone to ruin it. Fiat could be ruined overnight with a decision from the government, but crypto doesn't have that because nobody controls it.


Title: Re: What makes you into crypto at the moment?
Post by: uneng on January 23, 2023, 08:30:11 PM
My main interest in crypto industry is Bitcoin, as that is the best investment for long term goal. Altcoins and its sub-divisions can be profitable opportunities to grow your portfolio, but due to the risk and the lack of potential on long run, I prefer to be careful with them, letting them where they belong: in second plan.

About those people who came in 2020 moved by the hype of NFTs, staking and DeFi, I would tell them to be more realistic regards what they expect from this market. Crypto isn't shining all the time, and those looking for unrealistic opportunities of gains are under severe risk of completely losing their investments. So, don't be greedy and don't let altcoins obfuscate your focus that should be in BTC, the most precious and valuable crypto asset among all!

https://i.imgur.com/OMY0Oi2.png
Images created using Midjourney AI, see more at: Bitcoin AI Generated Images (https://bitcointalk.org/index.php?topic=5433172.msg61549171#msg61549171)


Title: Re: What makes you into crypto at the moment?
Post by: n0ne on January 23, 2023, 09:04:50 PM
The money that I can make is the prime reason. Next thing I doesn't have much knowledge trading stocks and I find cryptocurrency trading to be much easier. The increasing adoption will surely cause big change in the price. Looking ways to enjoy the same I'm into cryptocurrency at the moment. I was one among the list to miss the previous ath. Now waiting with the expectation to experience the pump in the upcoming halving.


Title: Re: What makes you into crypto at the moment?
Post by: blockman on January 23, 2023, 09:06:49 PM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
Those that are staking are even going to see more profits if they've got a larger fund with regards to their staked coin. But if it's too minimal and low, yeah, there's still a gain but it's not too much and you may just be discouraged upon looking at those gains.
Everyone who's into crypto is hard to get out because we're all living and believing that this is going to more progressive and known market and it's just getting started.


Title: Re: What makes you into crypto at the moment?
Post by: o48o on January 23, 2023, 09:18:51 PM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
Making money. It has been a wild ride with ups and downs but i've never made as much money as in my life with anything then i made with trading altcoins and nfts. I am not even telling my friends. Sure now i have lost everything but i've risen from $200 to $20k many times. It's laughable how volatile markets are and how you can strike gold when you know what to look for and obviously you need some luck with it.


Title: Re: What makes you into crypto at the moment?
Post by: abel1337 on January 23, 2023, 09:42:39 PM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
Well they want to gain money of course, Almost everyone is struggling during the pandemic season and people are losing their jobs, Most of us is trying to survive by finding a way to earn money and crypto is one of the way to make money at that time. Let's be honest, Most of them just want to ride the bull market and earn monetary value and just don't care what is the real happening behind the bull market at that time. This is why there are many people who are getting traumatized after experiencing a bear market after the bull market because they only expect the market to go up and up for a short period of time. We can expect another surge of people flocking into crypto when we are nearing or during bull market again given that everyone wants to milk it and make money from it.


Title: Re: What makes you into crypto at the moment?
Post by: Apocollapse on January 24, 2023, 08:04:51 AM
some because the price of btc is very good so they want buy altcoin
What is the relation between Bitcoin price is high and they want to buy altcoins? it doesn't make sense at all. It's like saying UI designer is really easy job and the salary is really high, but I want to become front end developer :D

When Bitcoin price is really high, it mean the other altcoin's price is really high too because most of altcoin will follow Bitcoin price. It's really risky to buy altcoin during Bitcoin bull run because when Bitcoin price is drop, the altcoin price will drop more lower.


Title: Re: What makes you into crypto at the moment?
Post by: ije07 on January 24, 2023, 08:46:28 AM
To change my financial of course, I do have a job but having an extra source of income is very helpful especially in our current state of the economy.
Besides, crypto is the easiest asset to be invested in,  it doesn't requires any lengthy procedure nor does it require certain degree of skill and knowledge.
It should also be underlined that investing is taking risks. so if you want to invest in crypto you also need to consider every coin you want to invest, make sure that the coin is listed on a big market, say BTC or some other top altcoin ETH/BNB. do not forget to use cold money and monitor the coins you invest so as not to miss the opportunity to sell.


Title: Re: What makes you into crypto at the moment?
Post by: Cee2 on January 24, 2023, 08:41:06 PM
Financial was probably the biggest driver but more than anything I've realised even with a "good" job I do not want to have a boss forever.
My perspective is if you enjoy it, the money usually follows.

My general philosophy for anything I get involved in is;

1st Believe
2nd Create
3rd Provide

Feel free to checkout my Twitter: https://twitter.com/A_mo1111_


Title: Re: What makes you into crypto at the moment?
Post by: Roboet on January 25, 2023, 05:16:51 AM
It's all I have known since leaving the university, I studied as a building engineer perhaps I should have studied computer sciences instead, but I digress since 2019 I have been earning from various avenues in the crypto space.

I don't see any other way aside from becoming a solidity developer or something in the IT field, I mean don't get me wrong I absolutely love cryptocurrency, but the current trend leaves a lot to be desired.

Kinda wish for a more stable income stream in the web3 space.


Title: Re: What makes you into crypto at the moment?
Post by: livingfree on January 25, 2023, 01:47:22 PM
profit has made the whole market warm back after long winter from 2018.
I think there were still people that have been missed making money during the bull run and still haven't learned that lesson that we've got from being in a long bear market on 2018.

And for the next potential bull run, we're all about going to use those lessons that we've taken from the past.

If you still didn't learned anything from it then you should start accumulating or else, you'll still be missing a lot.


Title: Re: What makes you into crypto at the moment?
Post by: ningrum on January 25, 2023, 02:41:01 PM
profit has made the whole market warm back after long winter from 2018.
I think there were still people that have been missed making money during the bull run and still haven't learned that lesson that we've got from being in a long bear market on 2018.

And for the next potential bull run, we're all about going to use those lessons that we've taken from the past.

If you still didn't learned anything from it then you should start accumulating or else, you'll still be missing a lot.
Those who learn from the past, of course, they are very experienced and know what to do,
I think those who have been for a long time have never forgotten how the conditions were in 2018,
There is still time so take advantage of the opportunities that exist.


Title: Re: What makes you into crypto at the moment?
Post by: tsaroz on January 25, 2023, 02:46:20 PM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.

I'm in and out of crypto since 2011. I lost my interest during this long bear as I lost quite a bit and there were not enough price movement for me to stick to it. Now I believe it's time to collect some coins for long term. I've lost a good amount in defi coins and NFTs so I don't even want to think about them. I'm going traditional with holding bitcoin and a few old alts. I'm even following Web3.0 but haven't made up my mind whether to invest on anything related to it or not.


Title: Re: What makes you into crypto at the moment?
Post by: ivankoh on January 25, 2023, 02:48:18 PM
whole market warm back after long winter from 2018.
As far as I can remember, the crypto winter didn't last that long.  The crypto world is always going through processes, everyone realizes the great potential at the start of this new year 2023… it is a very impressive start after a prolonged decline.  Trust has always been in bitcoin and that is a big motivator.  What I like the most is keep taking time to accumulate savings and keep investing buy dip and hold, this is the best time to do it.


Title: Re: What makes you into crypto at the moment?
Post by: Psynthax on January 25, 2023, 04:57:56 PM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
Epidemic season already passed and why don't you try to find another job again? I meant use crypto as your side job. lol People in here mostly got motivated by profit from crypto. Money is the reason why most of people joined in crypto

IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
Some of them have become millionaires. Im sure about that. The pump was starting around 2020 until end of 2021. It seems like that recession was the main reason why people joined in crypto


Title: Re: What makes you into crypto at the moment?
Post by: maydna on January 25, 2023, 05:30:52 PM
Of course, to make money. I saw the potential of crypto, which could provide a way to earn, be it from investing or trading, and this is what got me in crypto until now. The potential to make money from crypto also depends on how hard we try and what we do to make money. But all of that is not easy because we have to experience all kinds of things that exist in crypto, and only people who are really able to survive will make a lot of money or profits from crypto. And the potential to make a lot of money has many people joining with crypto.


Title: Re: What makes you into crypto at the moment?
Post by: nakamura12 on January 25, 2023, 05:53:46 PM
It is not the moment thatnakes me into crypto at the moment but because of different opportunities you can grab in crypto. As of now, I didn't have the courage to do it myself to risk my crypto in soke platform either to trade, stake and more where the profit are much bigger compared to what I know today which I only earn less than $100 dollars though that amount is already good enough in my country so I am okay or fine with it at the moment. I am very very lucky before where I am trading at that time and earn a profit of $10000+ with a capital around $200.


Title: Re: What makes you into crypto at the moment?
Post by: so98nn on January 25, 2023, 06:14:49 PM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.

It was not epidemic, it was Pandemic!
Quote
AN EPIDEMIC is a disease that affects a large number of people within a community, population, or region. A PANDEMIC is an epidemic that's spread over multiple countries or continents.

Coming to the peeps joining crypto, I don't think they came in because of the pandemic. The surge was very normal during the covid days and nothing really moved, not even the global supply chain. All we saw was movement of few companies buying the crypto assets in bulk because it was completely discounted days and there was high chance we would miss the train. However situation was different for the middle man, they were afraid and losing hopes to live a good life when we were fighting the pandemic.

I barely doubt, that many of them were engaged into crypto to make money. We were fighting! We were scared.





Title: Re: What makes you into crypto at the moment?
Post by: Jackl87 on January 25, 2023, 07:57:08 PM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.

Hmm i think it is a pretty bad decision to invest money into crypto because you have lost your job. I mean obviously in the crypto market is definitely possible to make a very big profit and for some of the investors it even are life changing profits, but it is also true, that the chances for such a profit are pretty slim and that the chances of a total loss of your investment are definitely higher than a x100 on your investment. So to put all your money on crypto is a very very risky decision in my opinion and definitely not to recommend. The first and most important reason for an investment into cryptos is and always will be. Only invest money, that you can afford to lose.


Title: Re: What makes you into crypto at the moment?
Post by: Rengga Jati on January 25, 2023, 10:31:28 PM
What makes you into crypto at the moment?

At that time?
Not really complex, only wanted to earn money because I really needed money at that time. I got crypto information from my friend and then learned about this. But in fact, that was not as easy as I saw my friend. Of course, he was since 2015 getting into crypto and he has gained much money from it. But I did it in 2017 and I was too late. However, with hard effort, I finally could be getting on it and was really able to earn money from crypto. Moreover, crypto becomes my main activity in earning money right now.

some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi Smiley

Even then I didn't think about investing, just wanted to get crypto for free and sell it for money. The simple thing I thought at that time was that I didn't want to learn to get maximum results.  That's stupid decisions at that time ;D


Title: Re: What makes you into crypto at the moment?
Post by: AmoreJaz on January 25, 2023, 10:59:14 PM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.

Hmm i think it is a pretty bad decision to invest money into crypto because you have lost your job. I mean obviously in the crypto market is definitely possible to make a very big profit and for some of the investors it even are life changing profits, but it is also true, that the chances for such a profit are pretty slim and that the chances of a total loss of your investment are definitely higher than a x100 on your investment. So to put all your money on crypto is a very very risky decision in my opinion and definitely not to recommend. The first and most important reason for an investment into cryptos is and always will be. Only invest money, that you can afford to lose.

they will soon understand that getting into this market has no assurance of getting big profits. as you said, more on the side of losing your funds. staking in DeFi is only good if the project itself is a quality project where its price is increasing not decreasing by time.
as the saying goes, invest only what you can afford to lose. because in this volatile market, you have no guarantee if you will ever get back your money or get some profits. the price of the coin you invested with can suddenly decline fast just like the LUNA case. who knows what's next?


Title: Re: What makes you into crypto at the moment?
Post by: DeathAngel on January 25, 2023, 11:31:16 PM
I’ve been into crypto for a long time because I believe it is the future of investing & finance. Young people are investing in crypto far more than older, more traditional financial markets. It’s easily accessible, more fun & more interesting than stocks & precious metals. The ceiling is far higher & potential for massive profits much more likely in crypto. I’ve done really well over the years so I have no intention of changing the way I invest my money.



Title: Re: What makes you into crypto at the moment?
Post by: GreatArkansas on January 26, 2023, 02:02:39 AM
At the moment, I am more into Decentralized Finance (DeFi). There are a lot of new things right now, especially since you can now easily participate in any DeFi platform even if you are just a retail investor or trader with low funds because it will not eat anymore huge transaction fees just like before, you can only participate in Ethereum.
Now there are a lot of already alternatives for Ethereum.


Title: Re: What makes you into crypto at the moment?
Post by: robattfield on January 26, 2023, 02:28:05 AM
Not only now, but I always realize that entering this market is really a blessing of mine. I can make money as well but see a lot in life, especially knowing this forum has helped me gain more knowledge about economics as well as ways to make money in this field. Either way it's getting started with this market, but I hope those who already know it will have a more positive view of what it has brought.


Title: Re: What makes you into crypto at the moment?
Post by: Silberman on January 26, 2023, 02:45:15 AM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
From the moment I read about bitcoin I have been into it and now many years later nothing has really changed, thousands of coins come and go each bull market but the one constant is bitcoin, it is true you can obtain way more profits by investing in altcoins and you happened to be invested in one of those coins when there is a massive pump, but I see this as just a matter of luck and not skill, and since I am terribly unlucky I prefer to not waste my time investing in those new coins.


Title: Re: What makes you into crypto at the moment?
Post by: Sebas.tian on January 26, 2023, 03:56:53 AM
The potential of decentralized currency made me here, because I have seen the moved of decentralized currency that changed my mind from other investment some years ago, that made me to invest more money on decentralized investment than centralized investment. The most stable coins I invested my money are Bitcoin, Ethereum and binance which are the major stable coins that can bring out a huge amount of incomes at the end of the investment. Those coins I mentioned has draw many people attention to have more interest on decentralized currency, because it's safe and secure in investment.


Title: Re: What makes you into crypto at the moment?
Post by: Strongkored on January 26, 2023, 04:58:27 AM
Financial reasons are the main reason why I am in the crypto world, and it has given a lot of changes in my life especially during 2016-2017 where Bitcoin became so popular until now, and I'm sure many are in the crypto world for the same reason even sometimes they dreamed of being able to get rich in an instant which was the beginning of why the crypto world was always filled with people who cheated or were tricked


Title: Re: What makes you into crypto at the moment?
Post by: LogitechMouse on January 26, 2023, 08:18:54 AM
~
Money no doubt.

Lets not be a hypocrite. That is the reason why we are investing right? We are investing because we want to grow our money instead of our money being idle in the banks and it's value is being eaten of inflation. We are investing into crypto because we know that it's more volatile and more volatile equals more profit, but at the same time more losses.

There are some investors here that the main reason why they invested is because they don't want their money to be eaten by inflation and that's good. That's also the reason why I invested. I don't want my money to decrease it's value. Even though I still have some money in banks, that's my emergency funds.


Title: Re: What makes you into crypto at the moment?
Post by: cafee_orange on January 26, 2023, 08:54:30 AM
what makes me love crypto until now is because crypto can give me big profits. Apart from that, by getting to know crypto, I can do various ways to get profits, both by investing, trading, and looking for free crypto in this forum. this is what made me love crypto so much


Title: Re: What makes you into crypto at the moment?
Post by: abralzain17 on January 26, 2023, 09:39:38 AM
Of course, what I like crypto until now is because I can earn money in an easy way, whether it's participating in prize projects or trading and investing in crypto that has good prospects in the future.
if someone has ever gotten profits or big prizes obtained from crypto then I think the answer is definitely the same. this is why we love crypto to this day


Title: Re: What makes you into crypto at the moment?
Post by: yazher on January 26, 2023, 10:26:35 AM
I have been here since the start of the ICO season when everyone is earning thousands of dollars just by doing easy things with crypto, Airdrops, and bounties. Still, as years have passed, everything has changed and there are lots of things that are new today but I still do something that I was usually doing in the crypto industry and that is trading and holding bitcoins. Many thoughts that their life will gonna change if they engage in the crypto industry and some of them are right and some have failed, well! as of the moment, the only best thing to do is observe and not rush with your crypto investment because we're not yet recovering the old price which was about $30k+ per BTC.


Title: Re: What makes you into crypto at the moment?
Post by: Wexnident on January 26, 2023, 11:34:42 AM
That was then. I was initially into crypto right before the pandemic, so regardless of whether it actually happened or not, I would've probably stayed all the same. I'm still into crypto even after that dump since, well, I know what crypto is now and what Bitcoin could be (or is already). I'm more into using it as an investment, though I have used it as a form of payment method in the past a few times, but since those cases are rare, I wouldn't really say I'm into crypto for that.


Title: Re: What makes you into crypto at the moment?
Post by: ethereumhunter on January 26, 2023, 02:58:10 PM
Of course, what I like crypto until now is because I can earn money in an easy way, whether it's participating in prize projects or trading and investing in crypto that has good prospects in the future.
if someone has ever gotten profits or big prizes obtained from crypto then I think the answer is definitely the same. this is why we love crypto to this day
Many people come to crypto because of the temptation to make big profits in various ways related to crypto. And that's what made them start investing in lots of crypto projects. Even though they often invest in the wrong projects, that doesn't stop them from looking for them. But most start investing when crypto is gaining popularity and the price is also high. And that also includes me wanting to make a profit just like everyone else and that's normal.


Title: Re: What makes you into crypto at the moment?
Post by: Blitzboy on January 26, 2023, 03:53:22 PM
Financial opportunity is the number one reason why there are so many people involving in cryptocurrency, including me. I have been in the community for a while and I have to tell you that we can earn basically from anything: airdrop, trading, buying/selling with crypto, etc. It really does open a new era of internet economy

Though right now it is the winter of cryptocurrency, there will always be chance, as long as you willing to search for it. Or at least we can wait for the next uptrend phase where there are many many more ways to earn free crypto, or even free Lambo


Title: Re: What makes you into crypto at the moment?
Post by: Ojima-ojo on January 26, 2023, 03:57:42 PM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.
Ops I think this thread fit best into beginner and help section of the forum since this discussion borders on the motivations behind crypto adoption at the individual level.

That being said I will like to point you to some facts that you need to know, cryptocurrency should not bee seen as a get rich quick scheme.

There is need for knowledge to be able to survive in the cryptocurrency industry, because most of the projects in the industry are 100% scam and a newbie need adequate know to make their own research as to choose the right coin to hold.

As for me I am a Bitcoin lover and I don't believe in altcoin, the is a lot of scam out there newbies need knowledge, but just running this thread I discovered that you mention Bitcoin that is why I dropped this contribution.


Title: Re: What makes you into crypto at the moment?
Post by: Eureka_07 on January 26, 2023, 04:03:59 PM
<snip>
Recently, I had no investment in cryptocurrency, unlike in the past years wherein I was very active in trading and hodling coins.
For now, I am into crypto to use and utilize it as a means of payment (send and receive) from the work I am doing online. 

I guess there are people that seen the recent growth of price with bitcoin and altcoins, that's why they're here now.


Title: Re: What makes you into crypto at the moment?
Post by: Cling18 on January 26, 2023, 04:35:48 PM
I've actually stayed with crypto even during the bearish season and I still find it as a good opportunity to make money. I'm still into crypto at the moment to invest and hold while I still have a chance. I don't want to miss the chance of buying while the price of potential coins is still affordable and would probably hold them until the bullish season approaches.


Title: Re: What makes you into crypto at the moment?
Post by: Torbalin on January 26, 2023, 05:09:54 PM
Crypto has a lot of growth potential, and now is the perfect time to buy while many of the coins' price are low. That way, when the market recovers, I can reap the profits.


Title: Re: What makes you into crypto at the moment?
Post by: FanEagle on January 26, 2023, 09:02:52 PM
It is all kinds of different reasons why people come here, but also the very same reason for everyone at the same time. It is simply the reality that we can't make this much money in fiat world, or we just do not believe that we could. I know a lot of people who became super rich in the fiat world, started from zero and made millions, but the work you need to put in there, or the luck you have to have is a lot more.

However, in the crypto world if you work right and invest properly then you could have a million dollars, you do not even have to start with 900k lol, and that's why people are here, because you could put in zero, just work hard, earn money, invest right and make a million.


Title: Re: What makes you into crypto at the moment?
Post by: nara1892 on January 26, 2023, 09:18:35 PM
Crypto has a lot of growth potential, and now is the perfect time to buy while many of the coins' price are low. That way, when the market recovers, I can reap the profits.
What you say is true but not all of them are like that, depending on what coin you see in this case not all coins have growth potential.
We have to be smart in choosing when we talk about altcoins and of course when we talk about bitcoin this is far more worth it.
There are so many projects in altcoins as well as the ratio of fraud and coin hype that always exists maybe even every day so we need to be aware of that.


Title: Re: What makes you into crypto at the moment?
Post by: Johnyz on January 26, 2023, 09:23:23 PM
The market is cheaper, this makes me stay for a longer time and because of the opportunities to make money here, I can’t imagine to leave the market from any moment right now. If you’ll see the real value of cryptocurrency and you’re confident about its future, you will not think that way and you’ll be more eager to accumulate. The market is about to rise, don’t follow the crowd if its late already better to start now.


Title: Re: What makes you into crypto at the moment?
Post by: justdimin on January 26, 2023, 09:56:50 PM
That was then. I was initially into crypto right before the pandemic, so regardless of whether it actually happened or not, I would've probably stayed all the same. I'm still into crypto even after that dump since, well, I know what crypto is now and what Bitcoin could be (or is already). I'm more into using it as an investment, though I have used it as a form of payment method in the past a few times, but since those cases are rare, I wouldn't really say I'm into crypto for that.
It is of course a good decision to stay in even during the dump, because if you know enough about bitcoin, you would know that it may not be great for now, but it has a potential to go up and that will make sure that you are going to do well enough.

This is why it's quite important to keep doing as well as you possibly could. I know that it's not going to be easy, and I know that it will take some time, but at the end of the day it's going to be something that will be profitable if you wait long enough. I believe that it is going to be a very difficult job to do, and it is going to be tough to handle, but it is definitely not a bad decision to stay.


Title: Re: What makes you into crypto at the moment?
Post by: abel1337 on January 26, 2023, 10:01:12 PM
The market is cheaper, this makes me stay for a longer time and because of the opportunities to make money here, I can’t imagine to leave the market from any moment right now. If you’ll see the real value of cryptocurrency and you’re confident about its future, you will not think that way and you’ll be more eager to accumulate. The market is about to rise, don’t follow the crowd if its late already better to start now.
There might be a chance that this time might be the last time we can see the lowest crypto prices. One lesson I learned last bull market is not to quit during a bear market because it is the best time to study and acquire potential project in the future. I've learned it the hard way and I don't want to repeat it again in the next bull market this is why I'm still active despite the low profit I earned everyday compared to before. Joining the hype can be a subjective opinion, I know some people who purely joined the hype last bull market and they earned pretty good profit because they know how to take advantage of it unlike me who didn't utilized the hype last bull market that much. Hype is a double edge sword, It depends how you use it.


Title: Re: What makes you into crypto at the moment?
Post by: serjent05 on January 26, 2023, 11:54:01 PM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.

It is obvious people flock to crypto because of monetary gain.  If there is no profit to be done, people will not give attention to it.  As we know people are motivated by money and profit.  I would be a hypocrite if I do not ay that I am into crypto because I am gaining something.  No one will venture in cryptocurrency because they fell in love with technology.  They venture because there is profit to be gained in participating in the ecosystem of cryptocurrency


Title: Re: What makes you into crypto at the moment?
Post by: autumnleaf on January 27, 2023, 12:46:18 AM
I started working in the cryptocurrency industry in 2017 and began learning the basics of trading, staking, and airdrops because of the money it brought me. I'll be honest and say that the bull seasons gave me a really good profit, and it is beneficial to have this kind of free time to grow your finances when the market is healthy and profitable.


Title: Re: What makes you into crypto at the moment?
Post by: koang on January 27, 2023, 02:12:09 AM
At this moment of cryptocurrency market is the best time to invest more coin's, like Bitcoin and other Alt-coin in the cryptocurrency market industries, because crypto coin is an passive income, which one need to invest for future holding investment, that has a yield profits return of investment.

Bitcoin is an alternative investment for people around the world.
The power of Bitcoin lies in its ability to give people financial sovereignty.
Hodling is a great way to gain ownership control over our wealth but Bitcoin can swing up10 - 20- 30x then down 80%
Not many have the nerves to hold throughout periods that volatile.
Hodling Bitcoin is key but Hodling is really fucking hard


Title: Re: What makes you into crypto at the moment?
Post by: LastKiss on January 27, 2023, 04:43:15 AM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.

Everyone joins crypto to make a fortune of course, a lot of people in my place join crypto due to influencer stories that they made millions just from investing in bitcoin, MATIC, ADA, etc. I joined crypto because I want to earn more than my current job, I like crypto because I can earn passively without anything complicated. I'm not join crypto just because I saw influencer promoting their token but because I really want to know about crypto and how to earn with it.


Title: Re: What makes you into crypto at the moment?
Post by: lienfaye on January 27, 2023, 04:52:30 AM
I've actually stayed with crypto even during the bearish season and I still find it as a good opportunity to make money. I'm still into crypto at the moment to invest and hold while I still have a chance. I don't want to miss the chance of buying while the price of potential coins is still affordable and would probably hold them until the bullish season approaches.
Indeed. Bear and bull season, i'm just here monitoring the market. I also don't want to missed the chance again to take advantage the cheaper price of the coins. As an investor who already witnessed the ups and down and aware of how the history of crypto perform for the past years, it's not hard now to remain patient and go with the flow.

Hence, if you're planning to invest in crypto, fill your bags now while we're not in bull season yet. Just don't forget to DYOR to be certain of the coins that you will going to buy.


Title: Re: What makes you into crypto at the moment?
Post by: carlisle1 on January 27, 2023, 05:05:29 AM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.

Everyone joins crypto to make a fortune of course, a lot of people in my place join crypto due to influencer stories that they made millions just from investing in bitcoin, MATIC, ADA, etc. I joined crypto because I want to earn more than my current job, I like crypto because I can earn passively without anything complicated. I'm not join crypto just because I saw influencer promoting their token but because I really want to know about crypto and how to earn with it.

This should be the right or proper adoptions, not just because someone does an advertisement or you do have a friend who became successful
means that you should follow them without doing any research.

If your intention is pure and you wanted to be successful, by doing your own DYOR, the chance of succeeding is really high.

More on how you focus and how you execute your knowledge, most of the time it's your understanding that will let you achieved your goals.


Title: Re: What makes you into crypto at the moment?
Post by: mich on January 27, 2023, 05:31:33 AM
Well let us be honest when we talk about why we are into Crypto. Yes we like the technology I think most do but we also want to make many gains from being the 'early adopters' for the future.
You must ask yourself this question. If Crypto did not give us a option to make lots of profit just by HODLING onto it, how many of us would really be here? I do not think this is a poor choice to make but it has to be main reason for most people who buy it.


Title: Re: What makes you into crypto at the moment?
Post by: posi on January 27, 2023, 09:08:40 AM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.

It is obvious people flock to crypto because of monetary gain.  If there is no profit to be done, people will not give attention to it.  As we know people are motivated by money and profit.  I would be a hypocrite if I do not ay that I am into crypto because I am gaining something.  No one will venture in cryptocurrency because they fell in love with technology.  They venture because there is profit to be gained in participating in the ecosystem of cryptocurrency

Agreed, many people claim that they are here for the technology, for the crypto revolution, but I really don't believe it. If bitcoin or all altcoins are not profitable, no one will take the risk to stay in the market. And one more thing, cryptocurrency is a get rich quick market, although many people say that crypto should not be considered a get rich quick scheme. If people don't want to get rich quickly, they won't risk their money looking for big profits here, big volatility makes big profits, and that's why people are here.


Title: Re: What makes you into crypto at the moment?
Post by: cafee_orange on January 27, 2023, 09:18:51 AM
It is all kinds of different reasons why people come here, but also the very same reason for everyone at the same time. It is simply the reality that we can't make this much money in fiat world, or we just do not believe that we could. I know a lot of people who became super rich in the fiat world, started from zero and made millions, but the work you need to put in there, or the luck you have to have is a lot more.

However, in the crypto world if you work right and invest properly then you could have a million dollars, you do not even have to start with 900k lol, and that's why people are here, because you could put in zero, just work hard, earn money, invest right and make a million.

I think your explanation is very clear and interesting to be adopted as a consideration in pursuing profits in the crypto world. I think we work here by working smart to make money, but in the crypto world we are required to be more active and consistent. thus we will get what we want.


Title: Re: What makes you into crypto at the moment?
Post by: abralzain17 on January 27, 2023, 10:24:41 AM
Of course, what I like crypto until now is because I can earn money in an easy way, whether it's participating in prize projects or trading and investing in crypto that has good prospects in the future.
if someone has ever gotten profits or big prizes obtained from crypto then I think the answer is definitely the same. this is why we love crypto to this day
Many people come to crypto because of the temptation to make big profits in various ways related to crypto. And that's what made them start investing in lots of crypto projects. Even though they often invest in the wrong projects, that doesn't stop them from looking for them. But most start investing when crypto is gaining popularity and the price is also high. And that also includes me wanting to make a profit just like everyone else and that's normal.
it doesn't mean that if someone has experienced a loss in crypto by joining or investing in the wrong project it will leave the crypto world, I think this is part of the risk that must be faced. someone continues to love Crypto if they have ever experienced how to earn large amounts of money in a simple way


Title: Re: What makes you into crypto at the moment?
Post by: Natalim on January 27, 2023, 01:09:40 PM
Doing this for several years, I can't really say and prove that investing in crypto is not a failed investment but a successful one. Despite the unstable situation, and the up and down, still we can find a way to make money. Not actually we called it a passive income but you can really feel that your money will grow.

That is why I suggest people come and try doing this as long as you can afford to lose. Might say that it was risky, yes it was but as long as you know what you are doing and can manage to hold, you will certainly earn some profit.


Title: Re: What makes you into crypto at the moment?
Post by: trendcoin on January 27, 2023, 01:17:16 PM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.

Of course, one of my goals is to make money, but most of all, I am here to witness history. So, needless to say, you know that Bitcoin is a revolution and mass adoption is incomplete. Witnessing and watching this history and being a part of it excites me. I think we are witnessing closely the historical development of Bitcoin. It is not easy for me to describe it in words...


Title: Re: What makes you into crypto at the moment?
Post by: isaac_clarke22 on January 27, 2023, 04:48:59 PM
~
Pandemic is already starting to slow down and somehow I understand that people are now hyped into crypto just because of how almost everyone has the access to buy it. I thought IEOs along with ICOs were like a thing from the past now though either way, those were the hypes that's why the people around you were joining.

Might be an off topic, but it is also worth mentioning that due to lack of jobs, people were also freelancing. I had plenty competitors when I was freelancing last year.


Title: Re: What makes you into crypto at the moment?
Post by: tvplus006 on January 27, 2023, 05:19:04 PM
...And you? ..

The volatility of the cryptocurrency market, with knowledge and experience, allows you to earn an additional profit to your main job. For some, especially successful, it has turned into the main place of work, which allows you to provide for your family and invest in the real sector of the economy.


Title: Re: What makes you into crypto at the moment?
Post by: molsewid on January 27, 2023, 08:07:50 PM
...And you? ..

The volatility of the cryptocurrency market, with knowledge and experience, allows you to earn an additional profit to your main job. For some, especially successful, it has turned into the main place of work, which allows you to provide for your family and invest in the real sector of the economy.
That's cool you  can invite your parents in yourr workplace, it will be goood so he and she can see the people around your environment and they will know that your mother are guiding them now and will. not help to get lost. So they don't know to be lost since our head of the family will be always in our obstacles they will help us in secretly.


Title: Re: What makes you into crypto at the moment?
Post by: Ziskinberg on January 27, 2023, 09:53:59 PM
More investment more profit - that is the main goal of why I'm here and I believe this could really happen as I already experience this in the past two Bullruns. Because if this is not happening to me in the past, of course, I have no reason also to stay on the market and lose my money. But because of the good market experience and profits that I get, the more it encourages me to keep on investing and multiplying my fund here rather than risking local investment which the ROI is too small.
The faith and courage brings me here at the start and so I keep doing this without any regrets.


Title: Re: What makes you into crypto at the moment?
Post by: bitzizzix on January 28, 2023, 01:27:16 AM
Most people only want to invest for the purpose of making money including me and the opportunities and future with crypto are unlimited, and it's a loss if you don't get to know crypto as early as possible because apart from the profit side. There are lots of good benefits, especially in terms of knowledge and functions about crypto that we might never have before and I'm lucky I've been here for a long time.
and my goal in joining this industry is for my very promising side income, experience and also very valuable knowledge. And what impresses me the most is that with this forum I can get to know lots of great people and also learn a lot about crypto which makes me more insightful.


Title: Re: What makes you into crypto at the moment?
Post by: Crypto-Ivan on January 28, 2023, 06:06:44 AM
The crypto industry can provide opportunities for anyone to make money, and cryptocurrencies can bring me good profits. It is not always possible to make a profit in the encrypted market. It takes sufficient knowledge and research to choose the right coin to hold in order to have a chance to get a return on investment profit. Only those who wait patiently and actually hold are more likely to make a lot of profit from crypto.


Title: Re: What makes you into crypto at the moment?
Post by: Tommiewill on January 28, 2023, 08:53:13 AM
Some friends who study computers discovered this, and they are very interested in encryption technology. I also learned about it by the way. I really feel the greatness of encryption technology. Of course, I also entered the encryption market with the intention of making money. I believe that everyone's ideas should be similar to mine. Although people keep leaving the crypto market. I will not leave. I believe it.


Title: Re: What makes you into crypto at the moment?
Post by: Marvell1 on January 28, 2023, 09:41:44 AM
Other than the profit target, I really don't think there will be a 2nd reason why people enter this market. There are a lot of profitable markets like stocks or forex, but cryptocurrencies are more profitable, and I think that's why we are here.
Many people say they are here for the technology, for the crypto revolution, but I really don't believe it because if it's not in their favor, they won't waste time or risk money with it. Nowadays, people live very pragmatically, if there is no benefit, they will not participate.


Title: Re: What makes you into crypto at the moment?
Post by: Hypnosis00 on January 28, 2023, 12:12:21 PM
Other than the profit target, I really don't think there will be a 2nd reason why people enter this market. There are a lot of profitable markets like stocks or forex, but cryptocurrencies are more profitable, and I think that's why we are here.
Nobody will stay in the market if they can get nothing but because of their good experience, they decide not to leave but to keep on risking.
Some leave the stock market because of the government's influence and also huge taxes and they found crypto as their savior by paying it.

Quote
Many people say they are here for the technology, for the crypto revolution, but I really don't believe it because if it's not in their favor, they won't waste time or risk money with it. Nowadays, people live very pragmatically, if there is no benefit, they will not participate.
That is a big lie...
Earning a huge profit and becoming instant rich - all of these things make people come and risks. Perhaps, it was a motivating factor but everyone must know the reality that crypto investment is not like that.


Title: Re: What makes you into crypto at the moment?
Post by: Yatsan on January 28, 2023, 11:40:23 PM
Profit and potential I guess. Been in this industry for years and I'd say it is indeed profitable in many ways. You may engage to token investment, use this technology on a daily basis or even plan ahead for this industry in general concerning mass adoption by more countries. Right now I have investments or holdings in this industry because the market is still down if we would compare it from the last ATH. Therefore, there are chances that it will again reach its highest price which would generate profit for sure. Thus, I am currently hoping for that thing to happen and eventually earn the fruits of my labor. I guess majority of the people in this industry are doing the same thing.


Title: Re: What makes you into crypto at the moment?
Post by: Silberman on January 29, 2023, 04:25:26 AM
Other than the profit target, I really don't think there will be a 2nd reason why people enter this market. There are a lot of profitable markets like stocks or forex, but cryptocurrencies are more profitable, and I think that's why we are here.
Many people say they are here for the technology, for the crypto revolution, but I really don't believe it because if it's not in their favor, they won't waste time or risk money with it. Nowadays, people live very pragmatically, if there is no benefit, they will not participate.
That could be true for those joining this market today, but I really think that when bitcoin was at its early stages and there was no way to know if it will succeed at all that, those that joined the market and this forum did so because they truly believed in the technology and they were nowhere near as interested in obtaining profits, which is interesting to say the least as even if they were not that interested in the profits they could get they are the ones which have benefited the most out of this market.


Title: Re: What makes you into crypto at the moment?
Post by: gabbie2010 on January 29, 2023, 07:33:36 AM
Anonymous investment that will enable me to earn decent profits brought me into crypto, I dislike a situation where my physical investment will be noticeable to people who might want their own share out of the profits earned, from my own opinion this one of the disadvantages of physical business common in my country where every Tom, Dick and Harry will like to pokenose into my private business however with cryptos any form of investment is done anonymously trading, staking e.t.c are profitable investment that wouldn't needed any form of physical presence.


Title: Re: What makes you into crypto at the moment?
Post by: Marvell1 on January 29, 2023, 01:02:54 PM
Other than the profit target, I really don't think there will be a 2nd reason why people enter this market. There are a lot of profitable markets like stocks or forex, but cryptocurrencies are more profitable, and I think that's why we are here.
Many people say they are here for the technology, for the crypto revolution, but I really don't believe it because if it's not in their favor, they won't waste time or risk money with it. Nowadays, people live very pragmatically, if there is no benefit, they will not participate.
That could be true for those joining this market today, but I really think that when bitcoin was at its early stages and there was no way to know if it will succeed at all that, those that joined the market and this forum did so because they truly believed in the technology and they were nowhere near as interested in obtaining profits, which is interesting to say the least as even if they were not that interested in the profits they could get they are the ones which have benefited the most out of this market.

Are you interested in profits? And you can also see that on all the social networks, and even on this forum, bitcoin's price is the most discussed topic. So if they only care about technology and not about profit is a lie. As I said, no one wants to waste their time or risk their money on something without profit. The success of bitcoin is still a mystery, but if successful, it will bring them a huge profit, so they are willing to take the risk.


Title: Re: What makes you into crypto at the moment?
Post by: Botnake on January 29, 2023, 01:08:21 PM
I'm investing in crypto at the moment because of the fact that the market is slowly recovering. It has been into a long correction after it hits an ATH, it even dropped below $20k, but now we are already trading at $23k which is a good sign that a bull run might come anytime soon.

Maybe it's too early but this market is full of surprises, and once the bull run comes, prices will easily pump which would result in an easy profit.
As long as you invest in the right coins, you'll certainly enjoy a good profit during the bull season.


Title: Re: What makes you into crypto at the moment?
Post by: carlisle1 on January 29, 2023, 01:26:44 PM
I'm investing in crypto at the moment because of the fact that the market is slowly recovering. It has been into a long correction after it hits an ATH, it even dropped below $20k, but now we are already trading at $23k which is a good sign that a bull run might come anytime soon.

Maybe it's too early but this market is full of surprises, and once the bull run comes, prices will easily pump which would result in an easy profit.
As long as you invest in the right coins, you'll certainly enjoy a good profit during the bull season.

True, those who take the risk after that huge dump are now enjoying the scenery inside the market. The chance of seeing more positive
movement is what traders can anticipate.

Maybe if you are holding your asset it is better to keep your patience and allow to accumulate more if you still have decent spare funds.

Far from the last ATH and if this good market condition will continue, the big chance that you will see another new ATH, timing and more
on patiently hold to enjoy the maximum benefits.


Title: Re: What makes you into crypto at the moment?
Post by: SUPERSAIAN on January 29, 2023, 01:46:56 PM
I invested in NFTs for some reason this time, before the rise when bitcoin was around 15-16 k. I bought the game nftsi and a few additional nfts. I had one or two altcoin and bitcoin investments, I sold almost all of them, it was profitable in the past period, of course, these rises may take longer, but it was good for me to go down here.


Title: Re: What makes you into crypto at the moment?
Post by: glendall on January 29, 2023, 03:10:30 PM
I have never tried to take part in an IEO at all, because I don't dare to take too big a risk if I experience a loss like my friends who take part in IEO and are defi
I'm better at staking than IEO and DEFI, and daily trading which has less risk if you experience a loss and there is a possibility that the value will return even if it takes a long time


Title: Re: What makes you into crypto at the moment?
Post by: dwminer1 on January 29, 2023, 03:22:24 PM
Personally, I believe that the bear market is the best time to accumulate cryptocurrencies. I have investment goals for several projects that I follow and regularly buy certain amounts of crypto using DCA. Of course, I retain some flexibility in the event of unexpected market situations. I believe that, despite the recent increases, the bear market will last for many more months, so I am willing to invest in projects that offer staking options or other passive income opportunities.


Title: Re: What makes you into crypto at the moment?
Post by: Jody.Drummer on January 29, 2023, 04:02:07 PM
I'm investing in crypto at the moment because of the fact that the market is slowly recovering. It has been into a long correction after it hits an ATH, it even dropped below $20k, but now we are already trading at $23k which is a good sign that a bull run might come anytime soon.

Maybe it's too early but this market is full of surprises, and once the bull run comes, prices will easily pump which would result in an easy profit.
As long as you invest in the right coins, you'll certainly enjoy a good profit during the bull season.
Especially if we invest in bitcoin, it will be a real profit when the bull run comes. Yes, those who took it at 20k and below must have experienced profits now, and for those who invested in a short time, they would have taken profits when the price touched 23k. But it's a shame when taking profits at that price (for me personally) because I'm investing for the long term. It's great to see the improvement the market is experiencing right now, that could be a good sign for more improvement in the near future. But as you said, the market cannot be predicted perfectly, it could possibly reverse again.


Title: Re: What makes you into crypto at the moment?
Post by: marine4u on January 29, 2023, 04:35:29 PM
I think this is the time of the season change and the cyclical change of the market.  Bitcoin bounced off 15k and moved 23k convincingly and liquidated the short structure.  The price is very cheap to take advantage of the opportunity and create a huge advantage. I hope to have more resources to buy and hold bitcoin


Title: Re: What makes you into crypto at the moment?
Post by: Blitzboy on January 29, 2023, 06:18:51 PM
~
Pandemic is already starting to slow down and somehow I understand that people are now hyped into crypto just because of how almost everyone has the access to buy it. I thought IEOs along with ICOs were like a thing from the past now though either way, those were the hypes that's why the people around you were joining.

Might be an off topic, but it is also worth mentioning that due to lack of jobs, people were also freelancing. I had plenty competitors when I was freelancing last year.
It's definitely true that the pandemic has had an impact on the crypto market and people's interest in it. With so many people stuck at home and looking for ways to make money, it's not surprising that some have turned to crypto. As for IEOs and ICOs, they've definitely had their moment in the spotlight, but the market has evolved and there are now different ways for projects to raise funds


Title: Re: What makes you into crypto at the moment?
Post by: Xal0lex on January 29, 2023, 06:32:26 PM
I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi :)
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.

Trends are changing, but the system of attracting new users for easy money is still the same. There used to be DeFi and IEO, now there are IDOs and testnets, or, for example, various retrodrops. There's quite a lot of material on the internet on these topics and every such material cites as an example some great story about how you could make a lot of money by investing early or doing something on a particular platform. A lot of newbies are enticed by such stories.


Title: Re: What makes you into crypto at the moment?
Post by: jostorres on January 29, 2023, 07:40:53 PM
I invested in NFTs for some reason this time, before the rise when bitcoin was around 15-16 k. I bought the game nftsi and a few additional nfts. I had one or two altcoin and bitcoin investments, I sold almost all of them, it was profitable in the past period, of course, these rises may take longer, but it was good for me to go down here.
They say that NFT's are shit but you didn't get bothered about that and you still continue but at least it was a gaming NFT are the ones you bought and not some kind of a plain jpeg file. That should keep you entertained while waiting for the Bitcoin and Altcoin to increase. I also believe that not all NFT's are shit.

It's just the reputation of other good and potential NFT's are only affected by those hypes and scam NFT's. You only had one to two altcoin which are nice because having more is stressful. It's also not wrong if you sold all of them for profits. What is only wrong is if you sold them at a loss but you should re-invest again so that you will have something again to sell once the bulls came back.


Title: Re: What makes you into crypto at the moment?
Post by: WalkerIVIV on January 29, 2023, 09:52:14 PM
I guess it's the chance of investing that's just significantly better than investing in stocks in general, with stocks it's all already being owned by the whales and cryptocurrencies gives chance of creating good returns for many individuals in term of investments. I'm sure majority of us invests in cryptocurrency just because it was significantly easier in getting profits than the other fields, you could guess many cryptocurrency investors are coming from stocks.


Title: Re: What makes you into crypto at the moment?
Post by: koang on January 30, 2023, 12:13:17 AM
I guess it's the chance of investing that's just significantly better than investing in stocks in general, with stocks it's all already being owned by the whales and cryptocurrencies gives chance of creating good returns for many individuals in term of investments. I'm sure majority of us invests in cryptocurrency just because it was significantly easier in getting profits than the other fields, you could guess many cryptocurrency investors are coming from stocks.

Yep, Bitcoin is decentralized and offers financial freedom.
Bitcoin drives us to a much lower time preference enabling long-term growth. That's why important to choose Bitcoin.
I almost can't justify putting money in stocks anymore.

Once we have experienced a crypto winter and lived to tell the tale, nothing can faze us anymore.


Title: Re: What makes you into crypto at the moment?
Post by: Josefjix on January 30, 2023, 02:40:38 AM
I guess it's the chance of investing that's just significantly better than investing in stocks in general, with stocks it's all already being owned by the whales and cryptocurrencies gives chance of creating good returns for many individuals in term of investments. I'm sure majority of us invests in cryptocurrency just because it was significantly easier in getting profits than the other fields, you could guess many cryptocurrency investors are coming from stocks.
Investment in good solid projects in the market would bring profits easier than the normal job thing we do. All we need to gather is the required information about the projectz I likely proned to investing in altcoins because I strongly believe in the massive pump of it and also the heavy dumpz always making profits other than losing. Using my futures trading account, when it's dumping, I triggered the short action and when it's pumping, I triggered the Kong actions, moreover using good accurate signals would do traders good, it's doesn't sssured everyone of losing free, but it reduced the rate of lose in the market.


Title: Re: What makes you into crypto at the moment?
Post by: Dr.Osh on January 30, 2023, 04:08:23 AM
it's no wonder that now people are starting to come back and are interested in investing again in bitcoin or altcoins. Apart from that crypto is still one of the best investments that can make us make a lot of money, and right now the price is also recovering, so I think it's a good time to come back.

Based on my experience, after ATH, the bitcoin price will fall, this happened last year and after that, the bitcoin price will recover and rise again little by little. This year, the bitcoin price recovered, and I assume that this will probably be a continuous recovery. This will certainly affect the price of altcoins, and if the recovery continues, there may also be lots of new projects with great potential emerging. well, I think the developers are waiting for the price to recover so they can launch sales for their project. However, for now, enough people are eager to get back into investing in crypto, and we'll probably see quite a few more new projects spring to the scene.


Title: Re: What makes you into crypto at the moment?
Post by: Sebas.tian on January 30, 2023, 04:32:29 AM
To improve higher in the financial aspect, which is very important to any potential business man to do everything possible to get the right direction in cryptocurrency investment where he can discover somethings that will bring life to his business. I came to discovered Bitcoin price is improving since we step into new year, which are part of the things or signs every investors want to see in the market before making a good choice of investing on a stable coins like Bitcoin, Ethereum, binance and Solana. Since investors had seen all those coins movement in this season, it will be favourable for those that want to invest on them in the crypto market at this moment.