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Author Topic: What fears did you have when you first started dealing with Cryptocurrencies?  (Read 539 times)
vincentong17
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January 14, 2018, 11:41:47 PM
 #21

High Volatile that leads to rekt which is very bad at first. but after reading their volume chart analaysis marketcap and bitcoin volatility last year. i'm smart in another way around and this makes me feel good.
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January 14, 2018, 11:42:00 PM
 #22

When you first went head first into the unknown,what were your thoughts? What were you afraid the most?  Huh
I feared that I may not be able to get a hang of it. But everything can be learned in time. So I invested some time in researching. And I was able to atleast learn the basics which is enough to get started. And now I get to learn and absorb new stuff on a daily basis. I realized that it is not only the money that attracted me, but the learnings which are equally valuable.

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January 14, 2018, 11:53:27 PM
 #23

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

I feel my first time coins transfer into another wallet because i have doubts myself what will happen if i put wrong wallet address surely all my coins lost in quick.
But i make it properly and thanks my coin are transferred safe i lost my fear.


Nanoid (OP)
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January 15, 2018, 12:03:31 AM
 #24

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

I feel my first time coins transfer into another wallet because i have doubts myself what will happen if i put wrong wallet address surely all my coins lost in quick.
But i make it properly and thanks my coin are transferred safe i lost my fear.



Im still being extra careful when transferring coins to a different wallet. Better safe than sorry,right? Cheesy
cryptobobo
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January 15, 2018, 12:09:24 AM
 #25

Well my thoughts are ,i need to know how the market works,what will be my role in the market,and how can i learn advance trading analysis.I know basics should be learn because it will be our foundation to what will be our place in crytocurrency world.

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January 15, 2018, 12:15:54 AM
 #26

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

That is scam like hyip or ponzi scheme that make i feel that i will loss my money if i invest in there.
As my previous experience about ponzi so of course i have bad feeling about this.

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January 15, 2018, 12:40:48 AM
 #27

Scams, hackers, and Shitcoins
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January 15, 2018, 12:52:00 AM
 #28

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

I'm afraid that bitcoin will be ban because of governments or banks that are now taking part of manipulating cryptocurrencies. I know that it cannot be controlled by someone but it can be by banning exchanges for cryptos like the South Korea exchanges.
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January 15, 2018, 12:59:08 AM
 #29

I am more curious rather than afraid. I like learning new things. Now of this day is the most important thing to do is learning the new things that might affect your daily lives.
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January 15, 2018, 01:02:20 AM
 #30

Probably we fear to lose a lot of money when loosing in each trades,thats why you need to learn something about how the market works,how the trader's think to counter them especially the whales,fear of not learning how to trade properly is the worst i had because i dont know where to start because nobody  guided me to the basics for cryptomarket trading system,i started from the scratch i read alot in investopedia watch more videos in youtube and eventually trade small amounts at first.

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January 15, 2018, 01:18:48 AM
 #31

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

I fear of being scammed during a transactions or via phishing sites, since I dont' have much any idea about cryptocurrencies works most that time and I usually started by just hearing it as a good opportunity to invest I can't helped but to be extra careful and afraid from scammers since I heard of them a lot in the cryptocurrency world.

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January 15, 2018, 01:21:33 AM
 #32

I was first afraid of (and probably still am now) that the whole cryptomarket would implode and take away all the profits i've already made. I could cash out comfortably now and be happy with my earnings but i keep it in crypto because I believe there is value here and it will probably rise in value the more adoption we get. Hopefully more people will realize the long term benefits of cryptocurrencies and see past present values as well.
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January 15, 2018, 02:43:55 AM
 #33

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

I feel my first time coins transfer into another wallet because i have doubts myself what will happen if i put wrong wallet address surely all my coins lost in quick.
But i make it properly and thanks my coin are transferred safe i lost my fear.



Im still being extra careful when transferring coins to a different wallet. Better safe than sorry,right? Cheesy

just double check your wallet address before you want to transfer on to different wallet and make sure the amount you want to transfer. and if you has check then send it, as long as you copy paste your wallet address, it will receive into your other wallet. it is normal to have fear but calm down, as you follow the guide and you will be safe.

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HashFace
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January 15, 2018, 02:48:55 AM
 #34

#1 was scams.  I researched the crap out of Coinbase, Wallets, Coins, and Exchanges in the beginning.  I was probably overly paranoid, but it was like the more you read about cryptos, the more you hear about people getting scammed ... and even now, I'm extremely cautious.  One wrong move can be costly.

 #2 was it was is all crashing the day after I deposited.  That has been my luck with investments.  I started investing in stocks in 1999 ... right before the dot com crash.  I also bought my first house in 2004, right before the real estate bubble burst ... but so far, so good with Cryptos..    Undecided
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January 15, 2018, 02:52:24 AM
 #35

First of all i thought this is all a play, like a scam, so i feared of being scammed and lose my money. Not until i found out what it really is, in cryptocurrency it is like a gamble in money but in a different way that i have never done before.
cryptotitan
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January 15, 2018, 03:02:41 AM
 #36

Probaby what we fear the most is to loose a lot of money in trading,and not improving in the long run.

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January 15, 2018, 05:26:07 AM
 #37

Fear of losing more than half of the original amount that I invested. Fear that my coins would be hacked. Fear that I would not be able to withdraw my coins in an exchange because of site down.
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January 15, 2018, 05:33:19 AM
 #38

At first I fear the numbers I have to deal with while I was learning about cryptos. Now with all the news of hacking and theft I'm afraid of my hard earned cryptos just to be stolen away from me. I'm also afraid that all of this will suddenly just disappear and be gone. I think that is my greatest fear about crypto.
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January 15, 2018, 05:41:21 AM
 #39

my fears when i first get involve in cryptocurency is having no knowledge about the market, i dont have any experience or knowledge about using crypto, i had to learn by myself and trade fail so many times, but i am better now so i dont loose money as much as i used to be.

Shirin16
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January 15, 2018, 05:41:52 AM
 #40

When you first went head first into the unknown,what were your thoughts? What were you afraid the most?  Huh
many of the things I feared when starting to enter the world of cryptocurrency.
but all things in my opinion if feared the impact will always be negative. wherever we are, the risk will always be there. so fight your opponent's fear by always studying the world of cryptocurrency.

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