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Author Topic: Is the crypto market really for anyone?  (Read 2365 times)
modmalaney
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September 17, 2018, 02:56:15 AM
 #41

in fact, this would depend on the ability and the knowledge that they have to be able to master the market. Crypto belongs to everyone who wants to deepen it. so anyone could just enter in crypto as long as has a strategy to run it. regarding the risk of either profit or loss will depend on the strategies and capabilities.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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September 17, 2018, 03:07:38 AM
 #42

I think this market is not for everyone and that is why I do not usually recommend my friends or family to invest in cryptos, as it is well known that most people have a great aversion to risk and that is why traditional investment instruments still receive large amounts of money despite their stingy returns. And because of this usual risk rejection many newbies use to cry so much as soon as they suffer some loss in this market, because they never assume the great risk that crypto investments involve and believe that getting rich overnight is a simple and easy task.

Cryptocurrency may be for everyone as long as you use it for its actual use case but when it comes to trading it, it's not for everyone because only those who are brave enough to face those veterans in trading would be able to profit from it. This is the reason why there is such a small percentage of people who last in trading because some cannot take the risk involved while some would expect to get rich overnight. It is a step by step process and some may have become rich in such a short amount of time but they are exceptions, not the general rule.

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ranggenga
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September 17, 2018, 03:11:30 AM
 #43

Well obviously we the possibilities of cryptocurrency can be for everyone.
But there is a note for it, they should be willing to learn a lot about cryptocurrency, we can't just get into cryptocurrency half baked.
If we do that the most possible result will be regret.
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September 17, 2018, 03:21:41 AM
 #44

Exactly, if you really want to go into cryptocurrency it must be full if you want satisfactory results.
But if only for a moment and leave it only a waste of time and no results.
The crypto market does not prohibit certain people from being able to trade but for everyone, and this is certainly a person who is mentally prepared and has the courage to enter the market.
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September 17, 2018, 03:29:52 AM
 #45

in my opinion, there is no limit to who rhyme crypto. Crypto that extends to anyone, it's just that crypto requires internet network, and this is what being a little trouble for people who still have less understanding about the internet.
very unlikely people today do not understand the internet. maybe the problem is that people who still don't understand what crypto assets are, and to convince them are not easy things either, for that we also have to help them

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September 17, 2018, 03:33:53 AM
 #46

the point is all that needs to learn and experience enough to be able to get the results we want because in the world of crypto I think it takes hours fly high, in order to be able to read coins that have prospects so get a lot of profit.
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September 17, 2018, 03:36:30 AM
 #47

Yes it is ! Most crypto markets are very open to those traders who are willing to trade their coins in exchanges. There are times that you can't request transactions when the exchange management requires KYC verification before using their exchanger.

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September 17, 2018, 03:38:38 AM
 #48

I think this market is not for everyone and that is why I do not usually recommend my friends or family to invest in cryptos, as it is well known that most people have a great aversion to risk and that is why traditional investment instruments still receive large amounts of money despite their stingy returns. And because of this usual risk rejection many newbies use to cry so much as soon as they suffer some loss in this market, because they never assume the great risk that crypto investments involve and believe that getting rich overnight is a simple and easy task.
indeed for now crypto currencies with all their investments are still used by a group of people because crypto currencies are not yet fully legal and official throughout the world
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September 17, 2018, 03:40:53 AM
 #49

The percentage of people who are invested in crypto is so small that it does not even have a big dent on the entire market. So little adoption and so many projects. We are supersaturated of people trying to make a quick turnaround. Over promising and under delivering, that is the norm now.
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September 17, 2018, 03:59:25 AM
 #50

As some cryptocurrency aiming to replace the conventional payment system, the answer would be YES, but it will need to teach everyone who will use the cyrptocurrency.
What is cryptocurrency is, and how it work, cause we can't simply ask everyone to use it without knowing what is it.
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September 17, 2018, 04:04:14 AM
 #51

it all takes a process. nothing success that obtained without an effort to get it. in the world of cryptocurrency, we must really understand it well so that we can make a profit from it. it's not easy to understand and analyze the crypto market well because all that takes the time and effort. the experience is also important to be used as learning to be better in the future.
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September 17, 2018, 04:12:42 AM
 #52

I think this market is not for everyone and that is why I do not usually recommend my friends or family to invest in cryptos, as it is well known that most people have a great aversion to risk and that is why traditional investment instruments still receive large amounts of money despite their stingy returns. And because of this usual risk rejection many newbies use to cry so much as soon as they suffer some loss in this market, because they never assume the great risk that crypto investments involve and believe that getting rich overnight is a simple and easy task.
I think it is. I myself is not a risk taker by nature but upon learning everything I learned, I find it the most profitable investment than any other investments (well, I'm not saying a 100% guarantee). As time passed by, I developed a strong heart to overcome emotions. I still continue sharing this to my friends.
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September 17, 2018, 04:53:10 AM
Last edit: September 17, 2018, 05:12:07 AM by ralle14
 #53

I think it is. I myself is not a risk taker by nature but upon learning everything I learned, I find it the most profitable investment than any other investments (well, I'm not saying a 100% guarantee). As time passed by, I developed a strong heart to overcome emotions. I still continue sharing this to my friends.
That's what you think, not everyone are like you who learn things very easily. Anyone can jump in the crypto market but it's not guarantee that they'll profit from their investment. We know that a lot of people have already heard cryptocurrencies and if anyone can earn from trading most of them should've jumped in by now. Stepping in the crypto market is like going to a casino some experience could help you then again having experience won't be enough in the long run because you can't predict every movement.

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September 17, 2018, 05:26:03 AM
 #54

I think this market is not for everyone and that is why I do not usually recommend my friends or family to invest in cryptos, as it is well known that most people have a great aversion to risk and that is why traditional investment instruments still receive large amounts of money despite their stingy returns. And because of this usual risk rejection many newbies use to cry so much as soon as they suffer some loss in this market, because they never assume the great risk that crypto investments involve and believe that getting rich overnight is a simple and easy task.
You are right this market is not for everyone but only for risk taker. Usually investors(maybe newbies) are very annoying in telegram groups, always complaining why the price is falling, while it's still a bear market. Also unlike you OP I recommended to my friends to invest in cryptocurrency but I have warned them that they may lost everthing.
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September 17, 2018, 05:42:47 AM
 #55

Are you sure that only one night can become rich, I believe to be rich or to reap success even though crypto in the world even though it also needs a process, even in investment.

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September 17, 2018, 06:28:32 AM
 #56

Crypto's market is the place for people who want to take a big risk for the losers. but it also becomes a pretty big earnings fields for people who want to try. getting results from crypto is not easy and not too in no time. only people who want to really understand that Crypto can get away with getting the results from this and that's not easy.
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September 17, 2018, 06:29:26 AM
 #57

YES FOR ANYONE WHO TAKE SOME RISK
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September 17, 2018, 06:36:53 AM
 #58

I think crypto market is for everyone but we can say that not everyone would like to partake in it but that doesn't mean it is not for everyone. Some people like to take risk and some don't but if they are able to have some courage and learn some things about crypto and have some understanding, then they would see the true future of crypto. 
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September 17, 2018, 06:50:09 AM
 #59

I think this market is not for everyone and that is why I do not usually recommend my friends or family to invest in cryptos, as it is well known that most people have a great aversion to risk and that is why traditional investment instruments still receive large amounts of money despite their stingy returns. And because of this usual risk rejection many newbies use to cry so much as soon as they suffer some loss in this market, because they never assume the great risk that crypto investments involve and believe that getting rich overnight is a simple and easy task.

Crypto is for everyone, as long as you know what you really doing, everything is fine even it has a huge risk behind this. But if you dont have enough knowledge to cover up and deal in crypto, it is very hard for you to understand how to earn a single profits on it.
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September 17, 2018, 06:57:07 AM
 #60

It is obvious that people without peculiar experience and knowledge will suffer on crypto market. There are much more experienced traders who will punish noobs.

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