Why is crypto making the world go crazy?

[chiko27]

For many people crypto provides an opportunity to generate wealth and provide job opportunities. But many people are not aware that crypto is also at high risk of loss.

[hieuho381]

They go crazy because a lot of people have made a great deal of money just this past year so they want in on it. They see it as a fast way to make a huge profit and not as a long term investment.

it is true that Cryptocurrency is making us more crazy in just last year, more and more people can not expected that bitcoin has made the entire market risen in just a very short time, brought huge profit to investors who dares to invest in bitcoin earliest, more and more people reallized cryptocurrencies can open a new future for all of us to enter a world without paper money anymore but digital currencies, making the world a better place.

[icohunter1024]

It seems that everyone is less concerned about the risk assessment on the cryptocurrency market. Most investors believe that besides Bitcoin, Ethereum and Litecoin, all other coin are quite similar. Very few people understand the trade crypto nature. And that is why people are always suspicious and easily fooled in this market.

[coinplus]

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

That is because the world in its entirety is crazy. These days’ people are looking for the quick way out to make money without even setting out a plan. Sure, this is a new space with a lot of potentials and unfortunately with a lot of inexperienced investors who are just gambling their way through the market and as long as they keep doing that, they will keep flopping badly unless they just get lucky. However, it is understandable that people always get curious when something is new, so that may be a part of it.

[Babyfaceless]

Crypto is getting the hype right now I think because of the gains many are getting from it. Also many are not yet fully aware of the technology and the ignorance about it attracts many.

[Crypto_Freezy]

Because of it drastically increased its price and have a good fluctuation to do trading. Other main reason is its a much better way for transactions and people use to store black money..   

[riska hanissa]

when developing a business there will be risks, as well as crypto.
where when a person feels firmness in working or managing his crypto investment, of course he must think about the level of risk he will experience when losing, of course from any capital is not too much investing and it becomes a very serious consideration to avoid excessive madness.

[fulmetal08larz]

The world is getting crazy with crypto currencies because of the hype and popularity it gathered in its entire existence. The profit is very enticing to investors who wanted to get rich quick, but they must understand that it's not always the case. The YOY performance of BTC alone is a whopping 300%+ which could not be compared to any traditional assets. Our world is evolving day by day and in the aspect of technology, having digital and crypto currencies is the new wave for the generation to come.

[eye-con]

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

because they see or they heard that a lot of people earn a big money on cryptocurrency, they want to have the same fate as others have. investing on crypto can give you a lot of profit, that's why they gamble every assets they have.

[Alaira]

Because this is a new generation of assets, yes digital assets. And then the effect of social media made crypto being really hyped and popular. We cant ignore it, all we can do are always learn a new thing because we can earn money from this crypto by trading, join bounty campaign, and many more.

[Crypcar10290]

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

Crypto is alternative for the financial system, the hype around block chain is huge right now, people like the idea of having a system that could solve some of the issues of the actual financial system like income inequality, data security, inclusion, efficiency but the idea of being a decentralized system is what people love the most. Moreover, people see crypto as a good way to make fast profits, even tough is high risk investment you could see gains way faster than conventional investments.

[colvis]

most people are leaving there job for crypto because they make more money than they make in their job, come to look at where u have a business that gives you 100$ every day and after sometimes you discover a business that you can be making over a 1000$ in a day, wont you leave the old business and move in to the other that will yield you good money? it is just the same thing that is happening between crypto and working under an organisation

[KryptoKai]

Greed can make your mind go crazy and the scammers are waiting for the newbies to make a mistake. Selling your house for crypto is good if you have a way of converting it into money or live in a country where crypto is widely used as a form of payment. Otherwise it certainly is a crazy move!

[sorehammer]

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

Because there is great charm and money in crypto than regular jobs.All my roommates are doing crypto trading as a part time and earning handsome return.I am also part time crypto trader and earning more than my regular job.For me crypto is more than my regular job.Crypto gave me a lot compare to my job.I am planning to quit my job and start crypto trading permanently.If you do crypto trading skillfully than you can earn more money in days not in months.Due to these things people are leaving their jobs,selling their property,houses etc.

[lorapalmer]

The crypto is making the world go crazy as new currency alternatives constitute a menace to the financial world, currencies, payment methods etc. Crypto is already slowly replacing the classic currencies. Banks are in a panic. They can not control anymore our accounts and transactions.

[sterling.lily]

Because of decentralization and giving to those people freedom in their money management. Even now we still have to pay the commission for transactions but in few years I hope this price will go down and that will be the main difference between fiat money and crypto.

[rickadone]

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

Its because of the few success stories and the high returns wxperienced in the crypto-space, Its a fact once tou strike a good investment - it will be your pass to financial freedom.

Success stories are basically part of it all. With the way things have been over the years, most especially for those who are the earlier investors, everyone presently here obviously would not want to miss out and for that fact, so many people are beginning to see that we are still in the early adoption phase anyway and there is still a huge possibility for everyone in this space presently and that craziness as far as I am concerned as just begun.

I believe everyone wants to make their success story in easier way and believe that could be possible by adopting cryptos. Interestingly so far they all proved themselves right. There will be no surprises if we are able to see more people go crazier in coming days.

[e@symode]

Because many people today think that they will be able to earn big money in the crypto-currency world, but this is not so, because today there are a lot of scammers in crypto-currencies that collect money very skillfully, that's why it's very hard to earn today.

[AAlex48]

People are greedy by nature, they need more and more, they need to consume constantly, but nothing good comes of it.
They noticed that they could get rich and thoughtlessly into the pit.

[AdoboCandies]

Because maybe they have a very huge feeling about the ICO or the Cryptocurrency and they even gamble their personal belongings like their houses, cars, wife and their jobs when you are reading some of this threads there are some story of a successful investor that mortgaged his house so he can invest in an ICO and guess what he succeeds and there are some people who are asking opinion if is it better to sell his house so he can invest on an ICO so maybe some of the people are trying their luck and gamble their items.