Crypto market getting many new people. Is it good or bad for us?

[xKillMooR]

The community is increasing, this is always a good sign for any industry. The demand will rise and this is good for crypto prices

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[edulord]

Yes, many new people coming into crypto is very good because this will help increase the coast of crypto and it will also help to increase the demand of coin especially the potential and valuable coin because the higher the demand for a particular coin, the higher the price and vice versa.

[canaveralnonie]

Everyone has a freedom to find and knew amazing thing like crypto currencies. Well fo me, it is good to spread this kind of modern transaction and to add the circulation volume of every altcoins and bitcoin as well.

[Dayx]

with more people, cryptocurrency got more demand. with more demand, cryptocurrency got more value. not only that, aren't it good if cryptocurrencies can live long because of more people participating on crypto world.

[susuberuang]

yes you are right now crypto market is experiencing the increase of people and I think this is a very good step because when many new people who know bitcoin then many people will buy bitcoin so that price will go up and very give influence with price of cryptocurrency.

[meejay]

Hi there,

There is nothing wrong with many people investing in crypto. In fact this is what we need as investors. More people means more investment which means new ATH's.

The problem is dumb money here. I mean people jumping into a project without doing a research on the project just because some people are talking about it positively and there is a Hype. When these people lose their money because of the stupid type of investment made we have new people talking negatively about crypto. These people influence the people around them. Eventually this will not help mainstream adoption.

As for trading perspective, dumb money gives opportunity to increase your portfolios' BTC value by trading. Funds are transferred from losing traders to winning ones. On the other hand, if the number of people adopting crypto increases and these people are well educated about crypto investing and trading, this will eventually increase the liquidity. Higher the liquidity, higher the proiftable to trade.

Kind regards,

[culberth]

It's good for make crypto more popular. More investor will come it's will good. High demand than supply that can make crypto market growing. Also if there is many whale or large scale investor which joined cryptocurrency.

[ujinice]

In the cryptocurrency telegramm channels, I observe a huge influx of school-age children who want to become millionaires but do not know how to do it. I think that this is not very good for us. We need real investors.

[usamamalik555]

The crypto market is getting new people everyday, Because the crypto coin trading system and the high price of bitcoin. Btcoin is being popular over the world. After hitting 19K USD, Lots of people came here and more people is coming in the crypto platform. But, is it good news for us or bad? What do you think?

As for me new blood is always good, but of course in case, if they learn about crypto and not just complaining about everything.

[laynum]

I do not think it is a bad thing for anyone that more people are getting invested in the crypto market. Isn't that what we always wanted? that the trade goes far beyond, and that people become more accepting and welcoming ofits ideas? So, I think it is a good thing that the cryptocurrency market is getting many new people.

[niublity]

Perhaps you have considered too much. The cryptocurrency attracts many newcomers. This is a good news. The cryptocurrency will be promoted globally and will participate in the cryptocurrency market in the future.

[gumpoh]

This must be a good thing for us. The capital market needs to attract new people. This will not only increase the reputation, but also bring a lot of money. Recently, the end of the World Cup has attracted a lot of money into the cryptocurrency. In the short term, the price has increased a lot. This is the benefit.

[setupbounds]

It is great news! Not even close. I mean why wouldn't we want new people as long as they really do their research, even if all of them don't, some of them will which means we will have more people who understands what bitcoin stands for and get wiser with each move they make. I mean come on we are not the same traders we used to be neither, we are improving, so new people will come in and see what we do and they will decide themselves if they are into this or not. These all means the price will be higher since there will be more people wanting to buy bitcoin than sell bitcoin which will increase the price itself.

[G2z_Riya]

Many new people getting into cryptocurrency is really a good thing. Till now most of the time the market used to flourish when there more new investors get into it. When the adoption rate keeps rising automatically we can experience a good growth in the entire market value.

[arthur305]

Well to grow the cryptocurrency market we need more exposure and more people investing as well. It can only be a problem in bounty hunting.

[louie69]

I think the more people getting involved with cryptocurrency is a good sign in the crypto market where I believe more people will invest in cryptocurreny thus resulting to high demand and in effect, market price value will also improve. For those new people involved in bounty campaigns, this can help spread the information of the ICO token that they are participating.

[fortelen]

Actually, it is good news to see many more people getting in crypto. However, many of them become the immediate investors leading them to only invest based on hype. This may effect the crypto. In this case, being investors must be smart in analyzing the promising coins, picking the right time to buy and sell, and also holding the coins for the future. Just be a good starter so that you can be a great investor.

[runor]

This is very good news because the crypto currency is becoming more popular, and the technologies that it brings are more interesting!

[Lisa110386]

Of course this is good news for the entire crypto market. With new people there will be an inflow of new investments. Recently, a lot of positive news. At the meeting of the G20 countries , it was decided that cryptocurrencies will not become a threat to the stability of the world financial markets.

[coino.org]

It is good for us,because people bring new money to crypto market and become crypto adopters.
This is the only way for growth. Fresh blood is necessity!