Why is crypto making the world go crazy?

[lalaland97cute]

Because people see cryptocurrencies as a chance to earn money and it is not strange, considering how many people have been able to earn on cryptocurrencies.

[Arcoin1]

The crypto craze that spreads rapidly all over the world is that people want to make easy money. The new technology you will want to send money to without paying an extra fee to any country in the world.

[jhamz03]

Because most people think that joining cryptocurrency can make them rich in a short time, they see it as an easy way to gain any profits and start a new life. They do not think rationally and logically. That investments in cryptocurrencies are associated with a very high risk, since the price is extremely unstable.

[JunMel]

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

People see crypto as a big chance to elevate life into something big, that's why people get crazy about. When something that can make people earn in a fast and easy way people get interested on that immediately. Because crypto technology is open for all regarding of life status,everyone have fair chance of becoming rich. That's why some people give up their job,sell property and go fulltime in crypto.

[ocid]

many people feel the benefits of cryptocurrency so there are some people who suddenly get rich from cryptocurrency income. but some people are too reckless to make decisions, they also believe that cryptocurrency can multiply wealth without knowing how it works so they are risking their precious possessions just for the benefit of cryptocurrency and in the end they lose everything.

[Black Angel]

It must be admitted that the presence of crypto brings many changes, even many countries are afraid that the presence of crypto threatens fiat so that many countries banned crypto, with the concept of decentralization then the price increase like a roller coaster that makes a lot of people crazy.

[Turkish88]

There is only one speculative moment i am sure in it.
100% guarante if crypto not gain more - all today enthusiasts gone in one day

[sparkling10]

crypto currency has many advantages. on it you can earn in a short time. it all depends on the course. there are knowledgeable people who already do it, there are those who doubt, but the thought of a big profit even without investments does not allow thinking about it calmly:) besides, when investing you need a good endurance to not just go crazy and not sell all the currency or lose everything. there are countries that are against the crypto currency and are trying in every possible way to restrict its citizens from it. there are those who are loyal to this and even support. is this not the reason why everyone is crazy about the crypt?

[camryku]

Because people are attracted to the opportunity to get rich quickly and many financial illiterate people lose their heads. The gold rush of the 21st century.

Agreed. Some just think that if the cryptocurrency jumps, you can invest a huge pile of money and even a small jump will bring a lot of money. But they are wrong, because a small drawdown can also deprive a huge part of the money.

maybe crypto makes a lot of people crazy because now many people are investing in altcoin that promises and can be profitable by many but they, on the other hand, do not know if investing also has a very big risk, therefore, to invest in crypto many people are willing to sell the house, land and leave their jobs

[Gogochen]

Because encrypted money markets are easy to make money, there are plenty of wealth-building myths.
So I think that's why a lot of people choose to participate in the cryptocurrency market.

[NetFreak199]

Because encrypted money markets are easy to make money, there are plenty of wealth-building myths.
So I think that's why a lot of people choose to participate in the cryptocurrency market.

The ability to loose money and to find them is up to the person. Cryptocurrency is the tool that can help us with one thing and with the other thing.

[alfresidoma]

I think it is mainly the fact that people are just starting to realize that cryptos are the future, the possibilities that are present with cryptos is more than any other that we have encountered at this point. Then comes the part where people are turning into millionaires and even billionaires from investing in cryptos, that alone is enough to make people crazy.

[biangkerok]

many people realize that crypto can provide great benefits, therefore many people go crazy because crypto. I think more and more people are aware of it, this is a technological development and more and more people are aware of this future development.

[Valzador]

bank officials are afraid of the potential of crypto currency, you can send money between countries with low tax costs and very fast delivery time even sent in seconds.

[genset88]

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

Because they can see the opportunity to make money from it. In this world, money can be easily earned and lose. Before knowing cryptocurrency, my life was very difficult. Since joining it, my life is easier than before. Maybe more people like me.
In short, "digital coin" is a potential and young , so it's easy to understand why they join it.

[5thFear]

Well going crazy for crypto is right but selling your property and leaving job is not a good idea. Btw its the next stage in the evolution of the financial system of the world and to be crazy for it is absolutely right. It is creating alot of opportunities and there is no harm in trying to make the best use of it.

[Omparkash72]

People are crazy for crypto now a days , it has many reason,one of them is it is new technology and people are going to understand what is this how it works and mostly people are inspired with their relatives and nearby who earned a lot from crypto. all these things make people crazy for this maximum people wants to be millionaire in very short time period because they saw some people became millionaire from crypto. My opinion is donot crazy too much , no doubt it is a good platform to earn for everyone buy always keep in mind how the market fluctuate, invest with proper knowledge.

[Robin,Hood]

Why is crypto making the world go crazy?

As long as you hold the private key, you in charge\control of your wealth. Also Bitcoin and a few others are deflationary (supply halving every 4 years) and not lose part of your wealth to inflation.

[Television123]

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 deceived in this market.

[asudja89]

Because a lot of speculators have joined the world of encryption. Many of the cryptographicinvestments are used by whales to put money in investors' pockets.