What Problems do new investors face when researching cryptocurrencies?

[Pricelessent]

we need to listen when someone tells us that X coin is scam


^^^you can say that again

[reda]

Some people don't know the how to invest and how learn. So before invest check the all process. Then you know the process. It easy to invest. If want to price information check in the market place. market place is help to for learn more coin information for the future invest. Coin prices any time change. So  you invest in right time. It time to change. So time is important for this process. So check the price every day.

[mashort]

i think the confusion happens in any new industry. since the industry is nascent, i think it is difficult to know which information is correct. but even in the normal venture capital funding landscape, there is some degree of certainty. if everyone could have access to all information about something, everyone would invest and get returns. but investing also involves some amount of luck, belief about the future of the project and not just reading the whitepaper. the breakthrough projects will not be outright visible even with research and regulation. that is what makes any investing interesting.

This is why a platform with communities separated by each crypto that is able to reject spam and fake news is important to crypto investments and helping new investors.

i agree with you

[Thanasis]

First of all,newbie investors will get trapped to the FUDs so they will lose their capital amount.And then they will take advices from the strangers like they are asking in what coins I need to invest and what I need to do because of the price is falling.And most of the new investors choose bitcoins because many thinks that bitcoin is their only crypto currency.

[aishyoo17]

The problem of most new investors of crypto is that they jump right away into invest crypto just because they read that someone became a millionaire because of bitcoin but they don't have any idea what was the process or how long did it take for that person to be where he/she is now. Mostly people will only post the good side of the story. That's why when price our down newbies starts to panic sell and asks questions what is happening with the market. I think newbies should read the pros and cons in investing crypto and not carried away by hype.

[Omega Weapon]

We all know there is a wealth of information on the internet about cryptocurrencies, but how much of it is actually helpful? How can you trust the person you are receiving information from? And is all the spread of FUD making you even rethink any of your investments?

In order to help new crypto investors, we need to come together to create a place for them to trust the information they are reading and the people they are getting it from.

If you selected, “Other” in the poll, please reply with whatever else you think new investors face when researching and then finally investing in crypto.

Thank you

I think confusing and unhelpful information is one of the biggest problems, most of the time there is information about a project you may like to research but you need to go through huge amounts of nothing just to get there, many people get discouraged by this since in order to find a good ico you need to do this for many coins and it can exhausting to go trough all the trouble only to come empty handed.

[Pricelessent]

We all know there is a wealth of information on the internet about cryptocurrencies, but how much of it is actually helpful? How can you trust the person you are receiving information from? And is all the spread of FUD making you even rethink any of your investments?

In order to help new crypto investors, we need to come together to create a place for them to trust the information they are reading and the people they are getting it from.

If you selected, “Other” in the poll, please reply with whatever else you think new investors face when researching and then finally investing in crypto.

Thank you

I think confusing and unhelpful information is one of the biggest problems, most of the time there is information about a project you may like to research but you need to go through huge amounts of nothing just to get there, many people get discouraged by this since in order to find a good ico you need to do this for many coins and it can exhausting to go trough all the trouble only to come empty handed.

Yes! We need more organization in a platform.

[Pricelessent]

Bump

[cydrix]

Well you can't go back what was done do you agree? But we can change a bit or change it entirely, new investors face this each and every time when they invest on something that they aren't sure of they tend to get upset over that thing well that's what we call wasting and new investors don't know about it too much because they are new but some even new investors gets wise when hustling great deals and turning the tables around by their experience on the real world.

[zhekinsp]

Falling for the scammers!

Most of the newbies are scammed in many ways like while buying their coins or investing in the Scam ICOs.Because they are asking suggestions to the random people who may don't know any knowledge about ICO investment they just looking to fill their post count for signture campaign.

[astrid.uchiha24]

Falling for the scammers!

Most of the newbies are scammed in many ways like while buying their coins or investing in the Scam ICOs.Because they are asking suggestions to the random people who may don't know any knowledge about ICO investment they just looking to fill their post count for signture campaign.

that's why investment shouldn't done alone especially when you don't have any background to financial analysis, well as for cryptocurrency it's not that hard to invest and trade but the problem these days are investing on ICO that tends to be a scam later on which makes newbies leave a bad impression about cryptocurrencies. I believe newbies should always seek proper guidance.

[orions.belt19]

I thinks its having one source where investors may research about cryptocurrencies. It's a struggle having to go through several sites, reviews and comments about one coin just to verify and find out whether one is a scam. Although that it really is the job of the investor to diligently research first, it would be convenient if there was one place for them to go that is reliable. There's a chance that a review is tainted with bias because it was paid by the developers or that a site has yet to cover a new coin. Credible information is yet needed for investors.

[Oilacris]

We all know there is a wealth of information on the internet about cryptocurrencies, but how much of it is actually helpful? How can you trust the person you are receiving information from? And is all the spread of FUD making you even rethink any of your investments?

In order to help new crypto investors, we need to come together to create a place for them to trust the information they are reading and the people they are getting it from.

If you selected, “Other” in the poll, please reply with whatever else you think new investors face when researching and then finally investing in crypto.

Thank you

It cant really be avoided on having 2nd thoughts specially when you hear out some hypes and shills came from other people or group which would mainly affect your decisions towards on investing on a particular ICO. Your own research and understanding should really be the thing to be followed and those informations on net are just added up as a supplement to your research without even considering it on replacing your main idea for a project.