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Author Topic: Why is crypto making the world go crazy?  (Read 62409 times)
lamadu3
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May 27, 2018, 05:37:48 PM
 #181

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

The price in the market is so tempting and because of that, there are a lot of investors in the market who are very attracted and they are all hoping for the price to increase even more in the future so that they can become very wealthy someday, volatility is really good if you are a trader.

I do not think that people that have a very good job with a good income leave it. They try to combine their work with trading. They also spend some of the money they earn to investments, and this is really great.
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sourish
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May 27, 2018, 07:22:28 PM
 #182

It is still new and extremely lucrative for a perceptive investor. People get attracted to get rich quick schemes and seeing the fortunes of so many change, it has created the impression of becoming an answer to so many dreams.
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May 27, 2018, 07:24:19 PM
 #183

i guess anyone else doing the tremendous job and effect the decentralized system is doing will cause the same effect in the world. the blockchain technology popularly known as crypto has proven itself and the whole world is going after its results.

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May 27, 2018, 07:30:58 PM
 #184

It seems to have all the ingredients to make people believe they can make a shitload of money without having to work hard for it. Normally it would take a regular soul years to gather that much $$$. With crypto a few clever choices (lucky choices perhaps) and you are set for life. And there are many examples of people making it in this business, so many people that are just starting have great examples. I however think it's mainly the combination of hype, financial incentives and innovation. Normally people are not so much involved in pure innovation, but because of the financial incentives they are happy to be a part of it. Hype soon follows, which attracts others...and round and round we go Smiley
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May 27, 2018, 07:50:13 PM
 #185

Crypto has great results. many are hoping to get great results with greater capital as well. but it's also too risky if to use all our assets. If it does have a powerful strategy for investment is certainly not a problem.
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May 27, 2018, 08:32:53 PM
 #186

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

The price in the market is so tempting and because of that, there are a lot of investors in the market who are very attracted and they are all hoping for the price to increase even more in the future so that they can become very wealthy someday, volatility is really good if you are a trader.

I do not think that people that have a very good job with a good income leave it. They try to combine their work with trading. They also spend some of the money they earn to investments, and this is really great.

That's for sure! This is done only by financially uneducated people. This is not the best strategy that leads to the loss. You need to understand what you're doing and always have additional sources of income.
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May 27, 2018, 08:46:35 PM
 #187

Because crypto market make few people a millionaires, and others want to make money on it. How you can see a lot of people making crazy because of cash.

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May 27, 2018, 08:51:56 PM
 #188

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

I think crypto making the world crazy is because of its price volatility. Where can you find an investment which give you profit for only 3 days of investment. This is an investment of all time.

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May 27, 2018, 09:01:57 PM
 #189

Crypto is promising and profitable. Crypto needs the super bravery to take part, some people may cosnider it to be crazy because of they leave their job to move to crypto fully.
Here, doing job in crypto is available for some efforts and jobs. People decide to take part in crypto for investment, trading activities, and also earning money through airdrops or bounty. In this case, it will need extra time to focus on crypto. Therefore, some people decide to leave their job and move to work in crypto, everything about crypto. It is risky but it si much more profitable and promising.

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vincentong17
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May 27, 2018, 10:11:45 PM
 #190

In ICO you can earn fast money by investing and wait it to grow. but some projects wants it slowly but surely they make a decision making before they publish it on public. The crypto craze is much more speculative and the whole world gets crazy by adding up more ico and get listed. IF governments recognize cryptocurrency as a major currency and a major asset then the whole market go crazy so better accumulate now.
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May 27, 2018, 10:58:41 PM
 #191

Because people found an opportunity to get big profit from what they will invest. And we see that crypto will be the future of finance.
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May 27, 2018, 11:00:51 PM
 #192

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

I think crypto making the world crazy is because of its price volatility. Where can you find an investment which give you profit for only 3 days of investment. This is an investment of all time.
Yes, the world is crazy about the cryptographic market because the coins are too high, they do not think the coins are worth anything but they own a terrible price and those who enter the market. Why can make high profits and fast in just a short time.
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May 27, 2018, 11:01:09 PM
 #193

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

I think it depends on the individual. Why did they do that? we do not know and not our business. But try to understand and do not like that. Believe that there is the best way without having to sell your property. Hopefully my advice helps you.
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May 27, 2018, 11:06:13 PM
 #194

actually many misunderstand of the definition the world of cryptocurrency so they easily leave everything and submit all of its assets to invest in crypto. I think it's too much. because we know if we invest then, of course, it will be risky. so it would be better if we are not too familiar with the world of crypto then invest with a small capital first.
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May 27, 2018, 11:40:42 PM
 #195

For the world itself Crypto or digital asset, It's like you surf in the internet and you need to act faster or download it for a second. in Crypto you can earn fast that's why whales are here and will stay longer. they have no choice but to buy and sell coins they will accumulate more coz they will use it in the future.

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May 27, 2018, 11:51:31 PM
 #196

People like to use new opportunities for their business, so they develop the cryptocurrency market.
opportunities alone is not enough, I'm sure most people who come to the world of crypto recently are those who want a quick profit. because you know, in comparison to others, crypto is faster to make a profit

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May 27, 2018, 11:53:37 PM
 #197

I don't really know, may be because it is trendy, there are plenty of money in this sphere and it is decentralized, in other words you no longer depend on government and banks if you want, let's say, to transfer your money to another county
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May 28, 2018, 12:00:56 AM
 #198

Many people are getting crazy for cryptocurrencies may be because many people also have been able to earn more money from it. They want to earn more money than what they can get from their jobs thats they're leaving their jobs. Other reason is that profits can be earned quickly in this trendy cryptocurrencies.
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May 28, 2018, 12:33:32 AM
 #199

Cryptocurrency such as Bitcoin gives you the ability in a transaction without going through the central bank. The Internal Revenue Service in the United States concludes that cryptocurrency is like a commodity like gold, silver, copper, coffee. Commodities that can be bought and sold and exchanged so as you exchange US Dollars to gold or vice versa. Bitcoin is the gold of cryptocurrency that has a long journey and a large capitalization. Litecoin is like silver from cryptocurrency although unlike bitcoin and only has a small market. Dogecoin can be dubbed as copper or platinum, Namecoin or so forth to this day. With different Market different. But why should I care anyway this is more like money used for transactions like credit cards. If I go to amazon.com and buy something using a credit card amazon.com must pay approximately 3% to American Express, Visa or Mastercard to ensure the transaction. And do you trust amazon.com to refund your money if there is any error why you do not need payment through Visa or Mastercard. If amazon.com starts to accept Bitcoin as an example or other digital currency as a payment we will eliminate the buyer (middleman) and it will push the price down. In fact the cost will come down from the previous price of the fact that you do not have to pay the middleman (middleman). Some other cases about Bitcoin are if you want to transfer money from your friends in the UK or different countries and you pay taxes Transfers between countries are approximately $ 30 per transfer. With the Bitcoin or other digital currencies you can transfer money from one person to another without the high cost. The fact is it's just like you give someone money and take it from your wallet and put it in your wallet at no cost or just charge a small fee So this is the reason then download the bitcoin wallet on the internet. You will generate a public address and private address then save it and you can submit a public address to your friends and say to transfer the money to your public address. Bitcoin transfer transfers Litecoin or digital currency remains the same as transfer Bitcoin without any intermediaries. You know that banks attract a lot of fees and transfer fees not just for you but for your friends in the UK to receive your money
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May 28, 2018, 12:45:37 AM
 #200

Look back in 2017, many people luckily become wealthier quickly, it makes many people think that get money in crypto market is really easy.

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