Why is crypto making the world go crazy?

[Rtalk]

Only stupid people do that.Those investors who understand the topic will never invest all the money in cryptocurrency. It's risky !

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[goodluck0319]

because they do not follow the rules of the investor. in any case, later they will realize that they were wrong

[thesosorr]

First, the results obtained from crypto are greater than the results obtained from other jobs. Second, the results obtained in crypto in a very short time but can make it rich. In my opinion, the two reasons I mentioned are the phenomena that I see. In fact, he only sees and hears from his friends without experiencing it himself.
I thought, if crypto was willing to sell the house, it was a mistake.

[andrejka]

why people are crazy for crypto ,they leaving their job, they selling their house , selling their property?

Because for them it is the only chance they see to make a fortune and become very rich people. Besides crypto is something very promising very new and very exciting. And many people just want to be a part if this global movement)) Just like in some sect or religion...

[elrugrim]

Everyone in this world wants to earn money and crypto market provides the way to earn a lot of money by investing. Return on investment in crypto market is more compared to other businesses.  This is the reason people are now investing in crypto market.
Crypto market is also I headlines due to its volatility.

And the crypto market creates the impression that you can get rich literally in one day, you just need a little luck. A huge number of people believed that the bitcoin bubble even before 2016, can you imagine how they were affected by the frantic growth in 2017.

[Kokoy]

why people are crazy for crypto ,they leaving their job, they selling their house , selling their property?

I think selling your properties and leaving your job is an exagerated statement and/or a wrong decision to be made. Never ever lose everything just for the bubble and fluctuating cryptos. Yes it makes someone crazy as it could make a smart and dedicated person wealthy, and it is the most silent work gaining huge passive income to an investor/trader, yet it is still really temporary and can be eradicated by any means of destruction or by any worldwide reasons.

[mr.Belyavski]

Why do people risk investing in cryptocurrency? This is crazy. Never need to risk all, and it is necessary to minimize the risks by separating them. But even to take risks or not is only a personal decision for everyone. It is sad to see when people do not approach with due responsibility to make such a decision, and they risk absolutely everything ...

[mr.Belyavski]

How to start investing?
Choose which cryptocurrency you will work with. The payback period and the amount of income depend on it.

1 Allocate funds for investment. You need the amount for the initial investment and further support of investment activities.

2 Create a cryptocurrency wallet. You will need it for sale and purchase transactions.

3 Register on the stock exchange. You can work on one or several sites. Read the terms and conditions to choose an acceptable option (for example, Coinbase, Bitfinex, HitBTC).

4 Buy cryptocurrency. Wait for the right time to purchase digital money at the minimum rate. Buy currency in a downturn.

5 Move the purchased currency to an offline wallet. So you will provide protection against theft. Do not leave money on the stock exchange account if you do not plan to sell or change them in the coming days.

[mr.Belyavski]

Possible risks
Before you invest your funds in Bitcoin or other cryptocurrencies, you need to be aware of the risks involved. Some users consider cryptocurrency the next “MMM” or so-called “bubble”. Despite constant talk about it, the cryptocurrency continues to exist and actively developed for many years. Such money is not backed up by anything, but until the government enacts laws on regulation, investment in cryptocurrency is a profitable business.

There is a risk of losing investments due to a sharp decline in the cost of cryptocurrency. Much depends on the investor’s foresight and his ability not to panic.

In many countries, there are no rules governing the circulation of cryptocurrencies. You can not pay taxes on income. In addition, there are countries in which digital money is prohibited.

Despite some risks, many advanced users are interested in investing in cryptocurrency. This is a great chance to make good money. Use it while you can.

[micairvas]

  Crazy world. He is such a. See what's going on in the world. Everyone wants to the moon. Everyone wants to succeed at all costs. So do the impossible.

[Dpat]

The crypto market is totally a new concept for the world and it is invested just in 5 years back while the Bitcoin was only existed since the last year. So, people are already gone multi-millionaire by investing in these crypto market. So, the world gone crazy for this asset.

[RickeyRush]

cuz it's like drug, if you tried once you will get addicted

[Negdan4ik]

there's excitement in cryptography, and people who sell everything and go crazy, the same people who lose everything at the casino, a lot of temptations to win, and a constant hope for the best.

[bobyhodob]

because in our world everyone loves to make money easily , of course crypto is an amazing phenomenon everyone can use crypto
many people have fallen in love with crypto and of course there are also those who don't accept crypto in some countries. and that's why crypto managed to make this world crazy.

[vallydelly]

It happens because the crypto space is decentralised and because of the the decentralised nature of cryptos it allows anyone, anywhere in the world to join the space easily and make some good profits.

[Tope559]

Crypto making the world go crazy because it involves money. Anything involving money people usually go crazy because without money nothing can be down. The news of bitcoin rise make some people crazy

[jpnl0005]

I feel its way better than the jobs they do most people wont waste their time on stuffs that wont pay everybody wants what will be worth their time so that the reason behind the crypto crazy stuff. I am also making money easy so its making me feel so inspired

[rufusBTC]

They are selling their cars they are selling their house because in crypto investors have big chance to earn lot of money in short time. Also too many investors easily realise that cryptocurrencies are the future money of the world. So they feel exciting because they are learning too many things about crypto and opportunities in crypto space. Because all of these reasons they are going crazy for cryptocurrencies.

[CapnBDL]

I do not think that the world makes cryptocurrency crazy, the world has long been crazy and everything that appears does not affect it. This world changes this world like crazy, and it will always happen, especially when such volatility.

[5thFear]

Because its a crazy idea and there is a crazy community following it and not only that, it has crazy stories attached to it. Most of them are true so the world has every right to go crazy.