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Author Topic: What fears did you have when you first started dealing with Cryptocurrencies?  (Read 545 times)
mrproblem
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January 15, 2018, 05:42:57 AM
 #41

Not fears but doubts or twice check need I had like transfer addresses or buying in correct time and decision to altcoin type to buy
Nanoid (OP)
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January 15, 2018, 12:50:59 PM
 #42

what I fear is that if I buy a coin and the coin goes down I lose all the coins I have and that's long enough to collect the coin again.

Thourough due diligence will prevent you from having those fears Smiley
Trixie28
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January 15, 2018, 02:10:15 PM
 #43

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
Joriecoinbit
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January 15, 2018, 02:28:27 PM
 #44

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.

Losing is part of the game. You will not learn if you haven't try lossing. Failures motivates us to work hard. And it's good to know that you've learned from your mistakes. We all fear of losing our money,  but we can find it ways to at least lessen our losses.
bitcoinmasterlord
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January 15, 2018, 03:06:39 PM
 #45

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
My entry to this crypto world is also same i was fear how to do this and if i want to buy any coins for cash how can i believe after paying money they will give coins or not. So i was not invested i earned Bitcoins in this forum and did my 1st transaction. when i was doing my 1st transactions,, it was so exciting and fear but after confirmation i was so happy.
Nanoid (OP)
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January 15, 2018, 03:20:16 PM
 #46

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.

You can do a lot yourself to keep your coins secure  Grin Usually people get hacked when they are not paying close attention.
Nanoid (OP)
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January 21, 2018, 12:34:45 AM
 #47

Not fears but doubts or twice check need I had like transfer addresses or buying in correct time and decision to altcoin type to buy

I guess we all have those doubts when to go in Cheesy
DanWagner
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January 21, 2018, 02:16:44 AM
 #48

Most of all making mistakes with adresses or private keys. Or sending my coins to a wallet adress of another coin. But it makes you carefull so it never really happened.
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January 21, 2018, 03:23:11 AM
 #49

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

I think I don't have any fears when the first time I started dealing with cryptocurrencies because I only think that maybe this is my way to earn money and if I can earn by free then I don't have to afraid for anything. besides that, as long as I don't use my own money, then I can avoid from being scam and I could still try to earn more money. but I think my fears is about if I buy a coins in a high price and I cannot sell it once the price is jump higher and I got trapped in that price.

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sinduarianto
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January 21, 2018, 04:16:15 AM
 #50

for myself when I first invested in the world of crypto I did not lose my coin because the price of Cryptocurrencies does not always remain constantly changing. but after I learned it I got enough profit.
Singwala
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January 21, 2018, 04:28:46 AM
 #51

I'm just pure earning before. And I do not know the currency trading crystals until the revenue declines. And someone suggested me to trade. Of course I wondered what it was that I started at 0.01 trading capital and it grew but also fell. That's what I do not want to repeat and frighten me before it happens that all my btc is out of the wrong trade I'm doing.

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cryptoatomic
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January 21, 2018, 05:15:02 AM
 #52

For what i feared is to not learn the basics,i dont have any idea where to start and any roadmap to follow.
cryptoamumu
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January 21, 2018, 05:18:29 AM
 #53

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

I was most afraid of my investment turning into zero. I'm just hodling my coins and tokens. I could cash out now and enjoy the small gains or hodl and see what happens 1 year from now. No regrets. Crypto for life.

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Fluffinfinity
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January 21, 2018, 05:20:51 AM
 #54

I had a fear that my account might be banned, also, that I couldn't learn the strategies and techniques in dealing with Bitcoin industry especially in crypto currency. Another thing is that I afraid that Bitcoin will vanish and I hope not.

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faceoff97
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January 21, 2018, 05:22:46 AM
 #55

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

Honestly,I feel like cryptosystem is all about scamming. I was really hesitant on joining one, basically because there is no assurance about this things and there were too many distracting opinion from people. The truth was, there were really numerous projecrt that just scams people, even got already engaged with it. But I have learn to determine which is the legit one, this time there is still fear on my side while investing but in my short period of time being engage with this, I more feel that There is a promising future for my funds.

I have invested a good amount of money and hopefull that it will grow in due time. Cryptosystem is not just really about  risking money, uts mote of like growing funds through trusting a good project.
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January 21, 2018, 06:31:40 AM
 #56

Probably not learning to trade well? and to lose a lot of money when i do trading.

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machinek20
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January 21, 2018, 06:39:59 AM
 #57

My first mind was, is it real? will I be able to convert it to fiat and spend it ? at that time the crypto was not too famous, so not a lot of information that can be searched, but after few point from my friends I try to involve in crypto, I think people should never afraid of new things especially when that new thing can bring a good impact for you
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January 21, 2018, 06:41:04 AM
 #58

First of all I just want to know what is crypto, I want read about it and to know what is the main goal, why people likes it and how they earn money with it. Then I try to earn some in bounty,and I thougt it is realy good. And now I want to learn about trading with crypto.
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January 21, 2018, 06:47:08 AM
 #59

When I first time dealing with cryptocurrencies, I afraid about its legality. Because, my country did not admit the cryptocurrencies as a legal currency. I afraid that if I start invest in cryptocurrencies, then the sites is blocked by the goverment. I can do nothing, and I will lose my money.
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January 21, 2018, 06:59:02 AM
 #60

When you first went head first into the unknown,what were your thoughts? What were you afraid the most?  Huh
I went to my bank to get loan to buy my first bitcoins in 2013. I'm from a working class group therefore I had fears of loosing my money by hacked exchanges. My second fear was to be week handed and sell my assets with loss. Unfortunately my fear came through losing a lot of money on my first journey with cryptocurrencies but never given up to get back on my feet and start over. I'm glad I was strong enough to do so.
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