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This is not the only reason why people leave crypto. Some came into crypto because of bounty hunting and since it doesn't pay them like before, they decided to leave. Some were deceived to go into crpytocurrency trading by making them believe that you make millions from it and when such assertion is not fulfilled, they decided to leave.
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Sure, if banking sector of countries key into the world of cryptocurrencies, people won't be afraid of investing into it because central banking authority will take up the responsibility of educating the entire public about the benefits in cryptocurrency and also make it safe for them to invest in.
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A good bounty is handled by reputable bounty managers. This is the first condition you have to look at. Also you have to visit their white paper, website and social media handles. From the white paper, you can know what the project is all about and also those behind the project. From the social medias you can know how active the members are. All these will help you in choosing good bounties to join
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To trade in this bear market, you need more knowledge, be more careful and take away greed. Also you have to know how to minimise risk that is, when to opt out of a trade. Some people are still trading and still making some profit
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Looking at the present movement in the prices of cryptocurrencies, one will surely envisage a rise in price of btc in the coming year considering the fact that there is relative stability in the prices.
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Investment decision making should be based on personal conviction because what works for you might not work for others but be as it may, it is a wise decision if you buy and gold ethereum Now because the price is low at this moment and it has high tendency of increase in price.
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I can say that cryptocurrency has really impacted the financial world positively but cryptocyurrency really need government regulations so that it won't be totally bastardised. Government intervention will make more people have believe in it and make them see cryptocurrency as less risky.
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Considering the principles of elementary economics, the demand of such coin will determine its value. What the team need to do to increase the demand for their coin is to make sure that such coin is out to solve one or more day to day problem. With this, there will be constant demand for such coin and it's volume will increase and thus it's value also will go up. Apart from this, how secure such coin is also have a role to play because this will ensure that more people hold the coin after they know quite well that they are safe holding it
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Many people are afraid to invest in cryptocurrencies basically because of
1. They don't have adequate knowledge and training of how the cryptocurrency trading works. Without proper knowledge, someone can't know how to minimise the risks involved in trading
2. They are sceptical about the volatility in the market. The market can move in either direction and at any time without prior knowledge. This makes so many people prefer to keep their investment in fiat. This risk can be minimised if a trader has adequate knowledge of the market.
3. The rate of crime on the internet is also another reason many people don't want to put their money in cryptocurrency
These and many more reasons make so many people run away from cryptocurrency trading
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#proof authentication
Bitcointalk username: msbtrooper
Campaign **** : facebook/instagram/reddit/linkedin/telegram/content creation
Deex Exchange account: Adeyod
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People are getting to know about crypto but to help more in its popularity is for countries to accept it and also incorporate it into their monetary system. This will make more people learn about cryptocurrency and make it part of their day to day activities.
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Such project and BMs can weaken your morale. I won't advice you to join such project because it shows that the BM is somewhat lazy or the project is dead.
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Such is bound to happen because of the fact that blockchain is decentralized. I will suggest forms of control on The blockchain so that it won't be messed up. Also with regulations, most countries who refuse to key into it will see reasons to incorporate blockchain technology into their economy
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Most icos ask for kyc because of the regulation of SEC as they claim so that they won't be seeing as promoting money laundering. But we also have so many icos which doesn't require kyc, you can participate in such icos.
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