Why is crypto making the world go crazy?

[zenit22]

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

Because they think you can make easy money. Many get into debt and for them it ends very sadly. But I know people who are very good at it. You've got to understand.

[edir_ruvall]

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

Because they think you can make easy money. Many get into debt and for them it ends very sadly. But I know people who are very good at it. You've got to understand.

That is not how most investors on this website should react to an investment. Proper researching is needed before making a large investment like that.

[kangbasir]

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

Because they think you can make easy money. Many get into debt and for them it ends very sadly. But I know people who are very good at it. You've got to understand.

many of my friends had great speculation and even borrowed money at the bank just to buy an altcoin this year, but throughout the year he was frustrated because his assets never returned to the purchase price, he always told me about this.

What I am analyzing from this is that many people like him who do not think about the worst effects of fluctuations, they are only chasing after momentum which is not really analyzed in a complicated way. This makes conditions unbalanced and crypto is considered a mistake, even though this is only personal understanding.

[Gatsby club]

Because this has never been invented before. And only a few were acquainted with the exchange business. Now everyone can trade.

[Trustor]

Investment in Crypto Currencies have produced billionaires overnight. Though it is a very risky investment as its value fluctuates every hour but it is still capable of giving good profits through logical investments. Many people have also lost big amounts when especially since 2017 after givings big profits when its value started depreciating.

[euggio]

Because the Crypto currency is another boom that has worked and it can turn out something new and useful for our world. It seems to me that many people still do not understand the whole charm of the crypto-currency world.

[rhenrhen]

People go crazy over cryptocurrency because it is a new taste to all of us! The world is changing and so do currencies. Now that digital currency is here, I think this is a big leap to technology.

[DISPERADO]

Because the Crypto currency is another boom that has worked and it can turn out something new and useful for our world. It seems to me that many people still do not understand the whole charm of the crypto-currency world.

I agree with you. The blockchain is the technology of the future and it's wonderful. But many people start investing in cryptocurrencies in the hope of getting easy money.

[320hz]

Crypto currency makes the world better. But many people perceive the crypto currency as an easy way to earn money. Because of this, they commit foolish deeds and go crazy.

[jjeeppeerrxx]

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

Almost all of the responses from previous commentators are right, we have a lot of bases why people were going crazy because of cryptocurrencies and I am one of those who is crazy because of this technology. But I didn't reach the point of selling properties just to invest in cryptocurrencies but doing bounties like crazy spending lot of time doing so is what makes it crazy for me which this job eats more time than the usual activities.

Believed me this thing called HYPE is my number reason of choice why people are getting crazy about cryptocurrencies, ICO's and other start-up companies, new cryptocurrencies all of them are making people crazy due to HYPE.

[RobotNIK]

Simply, everyone wants quick money and lots of money, so they try to sacrifice everything for the best result, although it's very dangerous!

[sabhana]

I think because cryptocurrency give us something new, as example Bitcoin True Goal is to change a centralized services to a decentralized financial service in the world and people have their "True" freedom of their money and in this year slow but sure when country got some crisis, they know that crypto is the solution for that and all the country in the world will adapt with it, i think

[travwill]

Judge for yourself. Over the past 7 days, the project ripple has grown in price by 100%, do you know at least one asset in the world that is able to bring you a 100% profit in a week?

[ymaico]

I think that because of the large price of coins

[Wellyan]

Investing in cryptocurrency can make people rich within in a short period of time. Without this people are getting freedom in their money management because of decentralization. Cryptocurrency has a very ggod potential to invest.

I really agree with your opinion, that crypto makes people have income because it is seen now that it is difficult to find work and there are still many people who are still unemployed knowing crypto will make people earn income

[delarossa]

Because the assumption that they joined the crypto world will bring profits so quickly. But in fact, it is not as easy as turning the palm of the hand, we must know the knowledge and techniques and basic knowledge so that we are not trapped in it. What is certain is that we must learn and ask the experts first so we can get results from it.

[Cloud_miner]

When someone has the opportunity to increase their money several times in a short time, this can make anyone crazy. Therefore, many newcomers who come here completely lack a sense of self-preservation and sense of proportion.

[BTCreward]

All people want to make money and that's why people went crazy and started investing in cryptocurrencies, because in fact, most people are absolutely all the same on cryptocurrencies, but there is a desire to make money.

[atliens99]

A lot of people are stuck in poverty and there only chance out is a high risk investment like cryptocurrency which can provide astronomical returns.

[Soundy]

The reason is because crypto world is full of excitement and endless possibilities. I have been living on crypto for some years through trading and now bounty hunting and earn more than many of friends working 8 hours job. Despite pressure from governments and corporations across the world, crypto is waxing stronger.