cc80aa
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September 30, 2018, 11:57:58 PM |
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I think so its for everyone that need an income but we have to reconsider the difficulties and skilled, because crypto market is not too easy need a persistent and study first before you get in.
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Bonwin
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Activity: 798
Merit: 38
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September 30, 2018, 11:59:32 PM |
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If anyone does not understand the system, i would advise such person not to invest. Another thing is that it requires a lot of interests. Whoever want to invest must have interest in it.
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makishart
Legendary
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Activity: 3122
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October 01, 2018, 02:01:49 AM |
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If anyone does not understand the system, i would advise such person not to invest. Another thing is that it requires a lot of interests. Whoever want to invest must have interest in it.
But a lot of people are only interesting to earn fast money through use crypto without any knowledge on it. Remember they are joining on the speculation market of crypto. This system has created to replace the old system but so many people have been seeing crypto as an opportunity to get fast money.
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anisoptera
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Merit: 10
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October 01, 2018, 08:41:44 AM |
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Crypto market is not for everyone like any other market. You should have basic business skills and investor experience before you join it with a serious amount of money otherwise you just loose it.
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HalseyBert
Newbie
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Activity: 178
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October 01, 2018, 02:51:26 PM |
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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.
Yes it is!! The crypto market is for everyone guys, it has all types of opportunities. Coins like PRG, ADA and NEO have a vast lost too. You can always invest in them to see what you can earn.
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utlptc
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DeepOnion, a new dream.
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October 01, 2018, 03:25:01 PM |
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Crypto is not for everyone if you think it as an investment. Investment is for the people who understand the market and its behaviour. On the other hand, the main purpose of cryptocurrency is being used as a currency and a currency is for everyone.
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Ingoats
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October 01, 2018, 03:28:14 PM |
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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 industry is only for people who are patient because if they won't be patient, profit loss is jist what will they be earning. the market is volatile in nature and as such, consistency should not be expected in terms of the market value of cryptos and it should be an accepted fact that there will be times for market downtrends and that is why patience is a must before engaging to cryptos.
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HatuSS
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DAOmaker.com - Social Mining Tech | Tier 1 IEOs
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October 01, 2018, 03:35:47 PM Merited by buwaytress (1) |
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The reality is that the crypto market is NOT for everyone because of many reasons:
1. Most people cannot handle the responsibility of securing their keys from hackers or simple loss. It'd be disastrous if people's entire wealth could be simply phished or lost due to a laptop format. 2. It takes a high degree of care to send a transaction correctly. A lot of people do not have that degree of focus. 3. There are no rollbacks.
On the monetary side, the problems go beyond risk.
1. A lot of projects mass-market their ICO and most people fail to realize the lack of quality the product intends to offer. Most people simply do not have the skills needed to properly analyze a project. 2. New projects often hire shills that can convince people to buy into something that they actually have no clue about. They'd (and do) simply buy due to hype and fervor. Many lack the skills to recognize a shill. 3. Rating "agencies" in crypto are clueless, yet people actually follow up on their reviews.
This is largely a dog-eat-dog environment, a digital Wild West of a sort. Most people are not cut out for crypto in its current stage. Worry not: New agencies will arrive to handle people's keys, coins, and investments; in return, they will retain the large portion of the profits.
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Gagah119
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October 01, 2018, 03:40:43 PM |
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I think the crypto market is wide open to anyone, but some people don't want to invest in crypto not because they are banned but from themselves who refuse to invest in crypto.
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Antony97
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October 01, 2018, 03:50:19 PM |
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I think,All of us can use this market.we won't know what to expect.Maybe,it is dangerous for children but absolutely for all of us. Our family don't want to take risks but this does not mean that they are not suitable for them.
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bawa_23
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October 01, 2018, 03:58:24 PM |
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Everyone can participate in Crypto World. For trading/investment you need some knowledge & research, lack of this you can have big loss. Presently not everyone wants to involve in it but in future everyone had to get involve as it is future currency & every person has to deal with it. So why not gain knowledge now. With knowledge you can bear with this market.
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daenarys_stormborn
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October 01, 2018, 06:20:57 PM |
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I think it's wrong, Crypto Market is for everyone, but not everyone already understands what Crypto is, so most of them oppose, and some even try to jump directly into the world of trading, in the end they suffer losses and start hate crypto
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aeternus
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October 01, 2018, 06:32:03 PM |
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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 agree with you, despite all the advantages that I see in the market of cryptocurrencies, this is a market that I will not recommend to most people because they do not have what is needed to endure the big ups and downs of the market, can you imagine how much they are suffering all of those people that invested at all time high and are now losing 70% of their investment? Only a very selected people can still hold their coins and get profits in a few years, everyone else is going to lose money.
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ClassyDancer
Jr. Member
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Activity: 126
Merit: 1
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October 02, 2018, 02:23:13 AM |
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Of course, everyone is welcome to participate in the market, especially when it can offer a sizable profit. But I think the volatility of price and its stability issue can deter others from joining. How do you think can this be solved?
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boolog
Copper Member
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Activity: 196
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October 02, 2018, 02:28:26 AM |
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The crypto market is certainly not for everyone. If you do not want to take any risks, you are probably in the wrong market. Therefore you should consider before investing, if one can handle the risk.
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darkangel020716
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October 02, 2018, 02:31:22 AM |
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Yeah it is for everyone, as long as you know more things and info in crypto it is possible for you to get in, even for those people who doesnt really know crypto yet they can easy learn about it, because crypto is not that hard to lear, in fact you can compare crypto to all business already exist, so that when people get interested on it they can truly learn fast and can earn possibly.
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jack long
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October 02, 2018, 02:49:18 AM |
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Yes, of course crypto market for anyone but who is really interested in the crypto world and looking for results in crypto, hopefully for the future crypto market will develop better and more and more people will be interested in entering the crypto world
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Annieluvyou
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October 02, 2018, 02:50:19 AM |
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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 believe the answer is both, it will be YES if the environment supporting that crypto market to be spread globally for anyone, and the answer will be NO if the spread of crypto and it's supporting equipment still limited in some spaces.
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kawetsriyanto
Legendary
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Activity: 2394
Merit: 1139
duelbits.com
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October 02, 2018, 02:52:26 AM |
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Yeah, I agree with that viewpoint. I realize that crypto market will be profitable for the people who really know well the condition and its characteristics. Not only very risky but it is also hard to find the potential in crypto for someone doesn't understand well the crypto market. You should be confident and patient with adequate knowledge to to do business or activities in the crypto market. Analyzing, observation, and predicting need experience and knowledge. Even so, still no guarantees to be successful. If you are not really sure, it is not recommended to trade or invest in the crypto market.
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akungagal
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send and receive money instantly, with no hidden c
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October 02, 2018, 03:14:45 AM |
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Yeah it is for everyone, as long as you know more things and info in crypto it is possible for you to get in, even for those people who doesnt really know crypto yet they can easy learn about it, because crypto is not that hard to lear, in fact you can compare crypto to all business already exist, so that when people get interested on it they can truly learn fast and can earn possibly.
right, i agree with your opinion. indeed it is very easy for everyone to enter the crypto market, just need to learn a few things that can enter the crypto market. we are only required to understand the crypto market first and then succeed in getting profit according to expectations.
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