Why is crypto making the world go crazy?

[bountyhunter433]

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.
 

[kicauklaten]

they expect a big profit and give the crypto for them so that any will be at stake for investment in crypto. whether it will happen short term or long term that clearly they are convinced that the future of crypto will be bright. Maybe it's too reckless and countless insane. lucky if what they are doing can generate. But if otherwise probably not be anyone left from them.

[farland7]

Some of them, hopefully want to learn about it (meaning whole structure, etc.), for some of them - people might be unable to be working happy with their job.

[jerowacik]

Crypto making with people same things that DotComs did. Many people loosed ther money but DotComs also generated some lasting and now very substantial companies – Amazon, Ebay.

[CuriousGeorge]

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.
 

Wait a minute, how a cryptocurrency that's mainly created to be a currency and have no brain to even spend itself or doing something by itself could generate wealth and provide job out of nowhere?
Well, all those things you mentioned exist or happen because there's community that's really active behind it, not because the cryptocurrency.

[e@symode]

To be honest, there are not so many factors that could influence something today, people in crypto-currencies have become accustomed to a growing market, but now it simply does not exist, so now many come out of crypto-currencies, but there will be growth, and those who will improve their position.

[Pasaway2701]

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.

People want an easiest way to earn like what they think crypto currency can be that way which make them crazy and want to invest what they have and risk all of it in crypto without fully understanding. The success stories of some people make them to take the same path.  Because they see how benefitted those who have these coin without knowing that there can be bad impact if not used very well which can cause more volatility.

[ice098]

Crypto making with people same things that DotComs did. Many people loosed ther money but DotComs also generated some lasting and now very substantial companies – Amazon, Ebay.

For me there's two reason why making the world go crazy about crypro is because some of crypro are rising so much higher so people become crazy about it, and sometimes they make crazy when they lose all their money. But most of the time they become crazy when there holding crypto that strikes so higher or double or triple they might can get, especially when the market is continuously rising.

[BenjaminFranklingwould]

Basically, because they want to have a lot of money in their pockets through doing nothing, If you are big investor- you got a chance to make so much money. So, simply- because of greed, its just a human nature.

[mobch]

Because the new generation is difficult to survive under the traditional economic model. The class of each country is becoming more and more obvious and irreversible. So what can change the status quo? This is the cryptocurrency. The existing economic model actually has many shortcomings. Funds are in the hands of a few people. Extremely extreme. It should be based on the principle of equality for all. At least average equality. But now everything is monopolized by capital. Is your country not? Impossible, I don't believe it.

[ukw]

Crypto currencies give you a chance for quite a lot of profits for a short time if you invest in the right coin with enough capital. However, in my view, all that you enumerated is generally thoughtless and mildly stupid by the people who do it. Because it's not all that easy. 

[xyj790204]

When you are tired of stocks and futures,cryptocurrency  is a new way of investing.  you will begin to try to crypto money, and then you will like this kind of investment.

[whirlcoin]

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

Because lots of money in the crypto currency field,you can earn lot more than you day job with less effort if you have huge capital you just can buy some cryptos and jold them to make money,no work still money.But what we need to see is that itbis volatike and risky investment so you need to have some backuo plan if it fails.

[trash321]

Because now very many projects simply fall and if we say that now many people try to invest in crypto currencies, then probably this is only a temporary phenomenon that will soon end, but when that should begin to grow.

[Tejas05]

In my opinion one should not sell their property and invest in crypto as this is a very volatile market which could go either way. The crypto market has to mature, which will happen in time to come, still many people are skeptic about this market and lot of politics is involved.

[BIT WRLD]

because low investment and good profits and  no mediators on trades 

[BrentMack]

It is not an easy concept and people can tend to get over excited when they see something new so it is no surprise but I would never advice any to quit their job and sell their house to be in crypto because crypto is way to volatile for you to sell all your valuable things that you have and put the money in it. It's not worth it

[JohnWick_Bitcoin]

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.

[GsxR150]

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

Because people think that with him joining cryptocurrency will quickly get him a lot of money, they are too hasty in investing not thinking about the state of the market, which they think of only money and money. Because they already think like that they are willing to spend all his property even to have a lot of debt.

[eriwis]

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

People are too fixated on the success of others. To join this crypto is not only needed capital for investment, but you also need intelligence. You can not just rely on the money you have, when you buy bitcoin at high prices because it's too hasty, and a few days later bitcoin prices go down and you immediately sell it for fear the price will not stabilize. Do not do such a thing. It will make you lose.