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Author Topic: What fears did you have when you first started dealing with Cryptocurrencies?  (Read 529 times)
yugyug
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January 21, 2018, 12:44:50 PM
 #81

when i invest in to cryptocurrency what i fear the most is losing money or should i say, will the altcoins last long? i fear also with bubble but i n the long run when i really understand on how the blockchain work i am now confident with my investments.
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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czhy20
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January 22, 2018, 03:27:14 PM
 #82

When I started dealing with cryptocurrencies, my most fear is to lose my money. There's been a lot of phishing sites and scams everywhere in the internet. I always read the reviews of every website or services that I use and make sure that I enter the correct website.

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January 22, 2018, 04:00:07 PM
 #83

Like many, I was afraid of losing money. Now I take it more calmly, because there are ups and downs. And if there is a loss of all resources will pass, I'll start again.

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January 22, 2018, 04:04:41 PM
 #84

When you first went head first into the unknown,what were your thoughts? What were you afraid the most?  Huh

I fear of being hacked or unknowingly victimized by a phising sites that will attack me when my investments become more successful. I had a lot of fear the first time I tried cryptocurrencies since I am not techy and well known around the net and about trading. Its a good thing I spend a lot of time here in bitcointalk since I usually got heads up about threats and information that can help my trading ventures.

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January 22, 2018, 04:04:57 PM
 #85

I was afraid that all this could very quickly end, but I completely changed my mind when I learned about the intricacies of technology and its prospects in the real world

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January 23, 2018, 08:12:28 AM
 #86

The fear of being scammed and lose my money. All of these are new to me back then, I fear every transaction I make, and I always pray that my money will arrive to my wallet, I always check every digits of my address before making any transaction even though I just copy pasted it.

I believe I will be not original here. My fears were connected with the money lost. I worried if altcoins I bought that time would grow in future. Thanks God, my first experience was not bad at all, and the profit I got inspired me to go on with crypto.
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January 28, 2018, 02:08:20 PM
 #87

For the first time when I found out about this, I was told that it is possible to earn good money on this, but I did not quite understand how. When I bought different altkoins I thought they would grow up now and I will get my profit, but it was not so simple))
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January 28, 2018, 02:17:09 PM
 #88

Oh, well, most likely the most important fear is ignorance.
I was constantly afraid that I did not know something important, and I was doing something wrong.
I was afraid that because of ignorance I could make serious mistakes and lose all my investments.
 But after a while, when I read many articles, literature, explored the forum, fear retreated.

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January 28, 2018, 02:26:27 PM
 #89

I do not know what fears are mentioned here? Fear of being left with nothing? He has retreated after a few mistakes (=
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January 28, 2018, 02:29:39 PM
 #90

When you first went head first into the unknown,what were your thoughts? What were you afraid the most?  Huh

I fear of being hacked or unknowingly victimized by a phising sites that will attack me when my investments become more successful. I had a lot of fear the first time I tried cryptocurrencies since I am not techy and well known around the net and about trading. Its a good thing I spend a lot of time here in bitcointalk since I usually got heads up about threats and information that can help my trading ventures.

As far as I read from comments most of us has similar fears. The main fear I have is that next morning I will wake up and see that market has crashed. Second biggest fear is that as you say hackers will hack my wallet and I will lose everything I have.

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January 28, 2018, 02:29:45 PM
 #91

When you first went head first into the unknown,what were your thoughts? What were you afraid the most?  Huh
the first time I know the crypto currency I'm afraid of is the false address of the recipient's wallet and the deposit that is not accepted by the exchange.
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March 26, 2018, 08:12:59 PM
 #92

When you first went head first into the unknown,what were your thoughts? What were you afraid the most?  Huh
the first time I know the crypto currency I'm afraid of is the false address of the recipient's wallet and the deposit that is not accepted by the exchange.

We've all been there I think! Cheesy
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March 26, 2018, 08:30:12 PM
 #93

Interestingly I was not afraid of anything. This was because I had a good time spent learning the fundamentals that will drive value in crypto.  My first investment grew astronomically within 3weeks.

after a month I did realized I still had a lot more to learn but I was never scared.

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Nanoid (OP)
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March 27, 2018, 08:49:32 AM
 #94

Interestingly I was not afraid of anything. This was because I had a good time spent learning the fundamentals that will drive value in crypto.  My first investment grew astronomically within 3weeks.

after a month I did realized I still had a lot more to learn but I was never scared.


Well, you had a good pick, if you scored on your first investment Smiley
Nanoid (OP)
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March 27, 2018, 07:52:50 PM
 #95

When you first went head first into the unknown,what were your thoughts? What were you afraid the most?  Huh

When i first heared about a cryptocurrenciens i have a doubt if i can do it or not.I  can success with world.If I joined campaign If they should pay me for the worked i do

We all have those fears when going head first into unknown hehe Cheesy
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April 05, 2018, 01:45:06 PM
 #96

Because I am a beginner, so there is one thing I fear is I don't know where I can start and many investment strategies.
kim_min888
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April 16, 2018, 01:23:43 PM
 #97

Honestly speaking, I don't have any fears when I start trading coins in the cryptocurrencies because before I invest I tried to search all the information from youtube so that I don't have any fears .Cryptocurrency is a good investment but it is more risky than other kind of investments . So I think you have to take care and invest intelligently.
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April 16, 2018, 01:27:38 PM
 #98



Fear is real when you are in a corrupt country with corrupt officials, what could happen to me if for instance they try to track money laundering and terrorist in my country. They could at point an innocent guy who own bitcoin as corrupt officials can link a bitcoin guy to terrorism funding. It doesn't matter whether its true or not the only matters to these official is that they get some results to report to the upper officials that they have suspects apprehended.

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April 16, 2018, 01:28:00 PM
 #99

The fear is that the coin i choose would become one day worthless. And also the fear that i send the coin to a bad address or get hacked.
The fear to participate in a scam ICO project. And the fear to install some kind of virus.
kim_min888
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April 16, 2018, 01:29:18 PM
 #100

Honestly speaking, I don't have any fears when I start trading coins in the cryptocurrencies because before I invest I tried to search all the information from youtube so that I don't have any fears .Cryptocurrency is a good investment but it is more risky than other kind of investments . So I think you have to take care and invest intelligently.
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