Number One Reason NOT to invest in Crypto

[coininvestor]

Most of us have invested hard earned fiat money and time into trying to make gains in Crypto.  The recent price spikes have validated our enthusiasm for crypto.  We trade, invest long term, stake our coins, study, and wait.  What is really going on here? 

The entire crypto universe is being driven by thieves.  They steal coins from users and from exchanges.  Apparently there is nothing that can be done.  They are free to have their way and there is no limit to what they won't do.  That sounds a lot like taxation.  Criminals are driving crypto, and by investing in crypto, time and energy,  you are helping make rich, people who would steal everything you have and leave you to die in the street.   How many billions in Crypto have been stolen?  The thieves just stake and hold our coins, that they stole, and you still use the coin paying the network fees that go right back to the thieves that took your coins. 

You want sovereign money.  The last thing you want is money that is in a network.  Network money is a really bad idea. You will be robbed and then you will turn around and feed the ones who robbed you in the first place.  It's not right.  At least with fiat there are rules.  There are no rules in Crypto, and by the time rules ever do get put in place, if ever, the criminals will be at the top.

The scum rises to the top and all the idiots feed the filthy greedy children, that can't just invest in a good coin like everybody else.  Their mantra is "Me Me ME!!!"

Just because you CAN hack someone's computer and steal their passphrase, doesn't mean that you should. But apparently their are no repercussions, no laws, no rules, no honorable men, so the jackasses continue with their malware and trojans and you know what?  Fuck it.  I'm out.  I would rather have fiat in a real bank than this bull shit.   

These were my coins.  ARDOR-HKCS-V6N8-FH7T-A3SLF  Worth about a quarter of a million dollars on the day they were stolen by someone who hates his fellow crypto users.  He probably thinks he is real smart.   He will sit there and stake my coins and you idiots will reward his behavior by using this coin and giving his coin value. 

This jerk still has a chance to return the coins to their rightful owner, but why would he?  Does a piece of dog shit not stink?  Once you say goodbye to a conscience, it's gone forever.  There is no turning back.  You can go about your life thinking pretty highly of your self.  But the world knows the truth.   

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[Samarkand]

....  At least with fiat there are rules.  There are no rules in Crypto, and by the time rules ever do get put in place, if ever, the criminals will be at the top.
...

I concede that right now the cryptocurrency scene is a bit like the Wild West.
However, the situation was probably similar when fiat money was introduced.

Regulations take time and we are already starting to see the beginning of this process
in countries all over the world. Back in 2010 no country had plans to tax cryptocurrencies and
nowadays nearly every country has announced how cryptocurrency profits are taxed.

Give it some time and the cryptocurrency scene will be much more regulated than it is today.
Besides, there will be insurance products in case that your wallet gets hacked or your exchange
goes bankrupt.

[Slims]

This is complete nonsense.

[biulas]

Its always a good laught thought. Some people just don't understand what's really behind cripto. Something WAY bigger that just coins and digital currency. Its about giving back power to the people.

First fiat currency imposed was on the Chinese imperialism and one was obliged to use it. If you didn't you would get killed.

The biggest ponzi scheme in this World is fiat currency. The fu***** eye in the top of the USD note. Money NEVER leaves that eye. EVER.

Long live blockchain!

[9Pasha]

Correctly. It is better not to invest in the cryptocurrency. it is better to invest crypto currency into this project - http://2themoon.space/
100x guaranteed. That team is simply amazing.

[biulas]

Correctly. It is better not to invest in the cryptocurrency. it is better to invest crypto currency into this project - http://2themoon.space/
100x guaranteed. That team is simply amazing.

Sure it is. Along with all the other ICO's around cyber space. They are all that great. Dude, less spam, more discussion. There is a place in the forum if you wanna sell somehting. 

[Slow death]

Open  Scam Accusation

Scam Report Format (Use it to make scam reports properly)

This jerk still has a chance to return the coins to their rightful owner...

Who exactly are you talking about? if you were robbed then you should go in the correct section and at the same time report your case to the police and ask for help ARDOR team, but you are complaining here and i do not even understand where you want to go

The scum rises to the top and all the idiots feed the filthy greedy children, that can't just invest in a good coin like everybody else.  Their mantra is "Me Me ME!!!"

You are even losing your composure and you are directing your anger to where there is nothing to be. concentrate on solving your problem, ask DT members for help, open thread in the appropriate section... I've already posted the appropriate section

on here: Scam Accusation

[mostkey]

Correctly. It is better not to invest in the cryptocurrency. it is better to invest crypto currency into this project - http://2themoon.space/
100x guaranteed. That team is simply amazing.

Sure it is. Along with all the other ICO's around cyber space. They are all that great. Dude, less spam, more discussion. There is a place in the forum if you wanna sell somehting. 

investing crypto money into ICO will definitely be a big advantage. now the benefits of investing in ICO will be more profitable than it is. expecting profits from trades that we do not sometimes get. but one of the problems, sometimes there are ICO who do scammers

[biulas]

Correctly. It is better not to invest in the cryptocurrency. it is better to invest crypto currency into this project - http://2themoon.space/
100x guaranteed. That team is simply amazing.

Sure it is. Along with all the other ICO's around cyber space. They are all that great. Dude, less spam, more discussion. There is a place in the forum if you wanna sell somehting. 

investing crypto money into ICO will definitely be a big advantage. now the benefits of investing in ICO will be more profitable than it is. expecting profits from trades that we do not sometimes get. but one of the problems, sometimes there are ICO who do scammers

"but one of the problems, sometimes there are ICO who do scammers" I would say the MAIN problem. Regarding trading it depends brother... I myself do arbitrage with Zimbabwe. Safe returns no ICO's shi*.

Even without I would rather prefer hodl.

And again, there are place to publicize ICO's around here. 

[christian07]

In crypto there's a lot of different coins with volatile price so not investing here is not good and i think there's no reason not to invest here because this digital money are more on investing tools or we can call it like that.See the price now and the cycle of btc it always inconsistent in many like fee,transaction and in price this is so risky because of the volatile price of it even you only have btc and not buy any altcoins still it's like invest at all.

[linyhan]

The number one reason not to invest in crypto is the risk that every crypto have,  investors always fight and accept every consequences once they invest in an altcoin, two possible things will only happen,  success and lost.

[investerS]

There is no reason not to invest in crypto. The reason you gave here are not good enough for me.

[Babyrica0226]

It can't be deny that most of the altcoin was just a piece of shit. But even still like that there are more members are continuing investing unto it. But honestly, There are still some legit altcoins that are good which can be helpful to anyone here. Like Ethereum, Waves, Neo, Xem, Ltc, Omisego and others.

[edcohl1]

Most of us have invested hard earned fiat money and time into trying to make gains in Crypto.  The recent price spikes have validated our enthusiasm for crypto.  We trade, invest long term, stake our coins, study, and wait.  What is really going on here? 

The entire crypto universe is being driven by thieves.

Absolutely agree.  You must remember that bitcoin was established to either participate in illegal activities (remember silk road) or to have a currency for people that did not want to pay taxes.

While they may claim, "this brings power back to the people".  What they really mean is that they want to avoid paying taxes to the federal government, yet they still want to avail of the benefits of others that pay taxes.  Sure they don't want a centralized federal government to tax them, but do they want to drive on the roads paved by that same centralized government?  What about subsidized health care and other handouts that they regularly avail of?

At the end of the day, they're just greedy criminals (yes people who don't pay taxes are criminals) that want to avail of benefits without having to pay for them.

Another thing to remember is that crypto is not worth anything.  It has no intrinsic value.  The only benefit of bitcoin was it's ability to do free transactions which is no longer the case because the founders apparently forgot the underlying economic principle of "there is no free lunch".

Another value of bitcoin was only brought about by it's criminal past when it was being used on the silk road.  It's demand was there only because criminals could not anonymously transact in a sovereign currency.

For doing legal transactions, bitcoin has no value over sovereign currency and with the high transaction costs, it is worthless as a medium of exchange.

As a store of value, it is worth nothing because it doesn't exist (it's only code).

The technology is amazing, not the coin.

Just to be clear, I'm no fan of sovereign currencies either as they technically have no value either as they aren't backed by anything.

If they want to bring power back to the people, then why didn't these people just buy gold, silver, real estate or something that has value in the first place?  Well i'll tell you why, it's because they were broke.  In the physical world they had no assets, so they invented a fake currency or system that would make them feel good even though the system was unsustainable from the start (remember mining was never profitable with actual electricity costs).

[filharvey]

I could understand that you you are upset since your coins has been robbed. But that does not mean that all the coins in this crypto world are robbed ones  and its holders were all thieves. You should be careful with your coins because it's nothing less than money as it is a new form of money. We must see the positive effects of bitcoin which it has created in the economy as well as Personal lives of people 

[noormcs5]

It can't be deny that most of the altcoin was just a piece of shit. But even still like that there are more members are continuing investing unto it. But honestly, There are still some legit altcoins that are good which can be helpful to anyone here. Like Ethereum, Waves, Neo, Xem, Ltc, Omisego and others.

Yeah, in altcoin most of the coins are here but only few coins are reliable and profitable for us and other ones are just a coins. Being a trading, i always select in these coins like ETH, LTC, Waves and bitcoin, may be these coins suit me for trading.       

[@prashant]

cryptocurrency was developed bcz the current banking system was not preferred by everyone.and before investing your money in crypto's you should learn basic thing about crypto. always protect your private key or seed and keep them in offline sources.digital world is pron to hacking activity thats why always proctect your password or passphrase.

[Fatunad]

cryptocurrency was developed bcz the current banking system was not preferred by everyone.and before investing your money in crypto's you should learn basic thing about crypto. always protect your private key or seed and keep them in offline sources.digital world is pron to hacking activity thats why always proctect your password or passphrase.

Correct, just to think off that this is just like a battlefield. You would really need to buckle up yourself to be protected which my means of setting up stronger security protection of your holdings here on crypto. Just a normal thing to keep secure of your keys,once compromised then expect you would really have a loss. If you do risk here on cryptoworld to earn money then you should know the possible things that might happen along the way.

[pixie85]

I can understand the frustration but there had to be something you've done wrong OP. You made a mistake by trusting a third party site or clicking a phishing link and your money got stolen. Do you honestly believe that if you make a similar mistake in real life , like leave your keys in your car door, nobody will take advantage of you?
Lavs never discouraged people from breaking them.

[madwica]

risk is given in all forms of investment, the main reason for me is they do not be anonymous in your money in online because the possibility of loosing money is very high unlike in investing in real state you know where to get if something bad happens in the company but i enjoy to invest in crypto world because the income you get is much higher than investing in real state.