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Author Topic: What brings to crypto?  (Read 711 times)
Hannahanto (OP)
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March 12, 2019, 05:00:46 PM
 #1

What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?
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March 12, 2019, 05:30:20 PM
 #2

The main reason people are coming to crypto is the money sadly. There are the ones who buy Bitcoin and hope to see it "mooning" within 6 months. And there are the ones that buy the first altcoin they heard about and they think it will pump at 1000% within 48h.
The majority doesn't understand the blockchain technology behind.

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March 12, 2019, 09:47:34 PM
 #3

Number of reasons behind. Everyone comes in to make money and a very few know how assets are secured. Many rich men do select crypto platform to safeguard their assets. Yes i do feel crypto is more secured then fiats kept in my local account.  So I do come here to safeguard with crypto currencies.
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March 12, 2019, 09:53:56 PM
 #4

What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?
It depends on the investor, but most come for the money, which makes sense since all investors are looking to make money, the difference strives in how they plan to achieve this, if an investor takes his time to research different projects and then invests with the idea of holding those few projects for years after doing his due diligence then the chances that he will be successful are high, unfortunately that is not our average investor, the average investor in this market invest in whatever new coin has the most hype or invest in a coin someone recommended in a social network and as you may guess the chances of success for someone like that are very low.

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March 12, 2019, 10:00:06 PM
 #5

It's about the money obviously, people are getting to the crypto these days or let's give those days of 2017 during the bull run for the sake of the money. And that's where the hype all started.

The majority doesn't understand the blockchain technology behind.
A sad fact, they bought bitcoin for one obvious reason but they don't understand the technology lies behind it. But it's all changing today, people who are investing to bitcoin today starts to realize and understands what bitcoin really is.

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March 12, 2019, 10:46:34 PM
 #6

What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?

i came for the online poker (seals with clubs) back in 2012 but tbh became much more interested when the bubble erupted in 2013. then i got into trading crypto and never really looked back. i gradually gained a real appreciation for the genius and utility of bitcoin and its ability to secure value. there's a pretty steep learning curve to wrapping one's head around it (math, code, cryptography, economic theory etc) so i'm never surprised when i see noobs clinging to buzzwords and chasing useless tokens that are bound to fail.

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March 13, 2019, 08:26:17 AM
 #7

i would categorize investors into three categories:
1. those who are in bitcoin because of the technology and what it offers as a decentralized currency and that can not be found anywhere else.

2. those who are in it for the money
2.1. the first group are real investors who know what they are doing and have been making a ton of money doing this because they are aware of where they should put their money and don't waste it on dumping altcoins.
2.2. the newbies that are hoping for the money but have no idea what they are doing. they usually get caught up in some altcoin and lost all their money by bag holding a bunch of them and call that a "portfolio" and go bankrupt sooner or later.

note that you don't have to only belong to one category. for example i am here because i like the technology and what bitcoin offers but also i love making a lot of money!

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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March 13, 2019, 08:52:28 AM
 #8

Most people that invested in crypto are getting money. Huge revenue - this is what pushed them to invest in cryptocurrencies. And not any blind faith in decentralized future based on blockchain. Imagine the number of Bitcoin holders if it was not so profitable over 2017. It is also hard to find any practical usage for most of the so-called digital assets purchased by people. So the only reasonable thing that brings crypto to people is money.
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March 13, 2019, 09:01:32 AM
 #9

Most investor come to the crypto world again is because of the money. They will always come back and try to make a profit from what they invested. Although they cannot always make a profit, as long as they can see the opportunity to make those profit, they will be back and keep trying. Some investor is smart enough to see the opportunity, but the other investor is only following the previous people and pretending that they will make a profit too.

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March 13, 2019, 10:25:27 AM
 #10

What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?
I think we all know why investors came to crypto,
It is because of the profit ,Investors wouldn't invest on something if it weren't for profit.
I know it is harsh but it is the reality people started to notice crypto because of the profit.
Take a look back as time past by more and more people are using it because they know that they could earn from it,
But when it was just new and before the big pumps people are just ignoring it.

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March 13, 2019, 11:40:49 AM
 #11

First is the obvious profits waiting for them should the market change its course and go for huge gains. Bitcoin and crypto has always been posited for gains no matter the weather, and will surely be overcoming bear markets as people don't fully lose confidence on the said asset. Huge gains entice people, especially if they know that they are not the ones riding the same boat. Also, investing in crypto is a lot easier as you only buy and then watch your profits grow without a sweat during bull runs. It's the easiest investment to make currently, and I'm pretty sure most who made a lot of profits in crypto would agree.
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March 13, 2019, 01:23:07 PM
 #12

Some investor is smart enough to see the opportunity, but the other investor is only following the previous people and pretending that they will make a profit too.
That's the main reason average joes enter the crypto space. It's always a friend or someone at work who's bragging about mad gains, which motivates people to invest in whatever they heard or think is profitable.

That's why the price continues to rush up during bull runs. People actually get the profits they are looking for, till the bull run ends and suddenly people start panic selling. It's quite interesting how the psychology here works.

Overall, greed is the main driver for everything that represents crypto. If the market is boring long enough, even the most firm 'believers' of the tech get bored and start complaining about the lack of market activity.

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March 13, 2019, 02:51:04 PM
 #13

Of course there are things that need to be taken into account by investors in investing in playing in the world of cryptocurrency.
the reason: crypto prices time, day, month, year always increase, it has been recognized in various top countries, not related to banking and another technology-safe crypto for its users.
Of course, in this case the name of a human being, you certainly want to have more and safer assets, so that every year the value of your wealth will continue to increasein crypto like bitcoin.

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March 13, 2019, 02:53:24 PM
 #14

The majority doesn't understand the blockchain technology behind.

Generally speaking, I honestly don't care about the blockchain as technology either. I got bored of it because it's just one big buzzword hype businesses try to exploit in order to raise capital. It's obviously their right to do so, and actually a smart move businesswise, but that doesn't make the blockchain as technology any better.

The only thing of value that blockchains offer is their decentralization, and Bitcoin absolutely mastered the art of being a useful blockchain. Corporate and private entities don't need a blockchain, just a well configured database. It's more scalable and has been an option well before Bitcoin even existed.

If it isn't for the decentralization, the only thing left here is gains, and considering that the majority of the people don't care about decentralization, they're here for the gains. It's ok, they bring in liquidity, so there is at least one positive aspect to their speculative journey in crypto.
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March 13, 2019, 02:57:51 PM
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To me. the reason why I joined bitcoin all those years ago was the capability of earning money from all around the world instead of just my own country. If I wanted to earn money from an american it would have to be a big deal before bitcoin, now it is something quite easy and if I do like a simple task and earn 5 bucks which is basically nothing but still good feeling that I could do it and get the money in less than half an hour. The ease of transactions and connecting the whole world together was what brought me into bitcoin.

Plus, when I first started my laptop was capable of mining bitcoin, even those times laptops was getting out of hand and something like fpga (could be different, long time ago) was getting more attention but still my laptop making me money was a great feeling to begin with.

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March 13, 2019, 03:03:31 PM
 #16

What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?
crypto platform was purely concentrate in decentralised platform because of everyone knows everything. It is more transparent in banking system so I really like this concept and we will earn great profit in short term. Normally all the companies and industries are adopt Cryptocurrency so this will be a future fiat currency.

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March 13, 2019, 04:21:17 PM
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When Bitcoin price starts from $.1 and then goes off to $100 then obviously, people goes crazy and went to crypto to make more money. Of course there's also that idea that bitcoin can be used as store of value since we have total control over it. And then by simply investing, your money will grow overtime that not even the banks can give you that big interest. But you have to understand that you need to know how to secure your wallet as well, specially if you're going to put a huge amount of money in crypto as investments or store of value.

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March 13, 2019, 08:02:09 PM
 #18

The majority doesn't understand the blockchain technology behind.

Generally speaking, I honestly don't care about the blockchain as technology either. I got bored of it because it's just one big buzzword hype businesses try to exploit in order to raise capital. It's obviously their right to do so, and actually a smart move businesswise, but that doesn't make the blockchain as technology any better.

The only thing of value that blockchains offer is their decentralization, and Bitcoin absolutely mastered the art of being a useful blockchain. Corporate and private entities don't need a blockchain, just a well configured database. It's more scalable and has been an option well before Bitcoin even existed.

If it isn't for the decentralization, the only thing left here is gains, and considering that the majority of the people don't care about decentralization, they're here for the gains. It's ok, they bring in liquidity, so there is at least one positive aspect to their speculative journey in crypto.

Yes, true, a well-secured database can be enough in most case, but there are some industries that can make a real use. I don't mean the blockchain would revolutionize their business but for sure but it can help to make a more efficient system. I can't give a concrete example but the military defense and its supply chain (the blockchain start to be used by 2-3 companies) can be more efficient by 10-15%. (The USA don't use the blockchain directly ofc). For a company 10% increase in efficiency means a couple of million of profit increase yearly Smiley

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creeps
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March 13, 2019, 09:36:17 PM
 #19

What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?
The most common reason why investors are coming simply because they want to earn more, and since the hype on investing with cryptocurrency is high, they tend to focus on this one without any understanding about how this market works. I also like the idea of having a faster transactions so this is my one reason why I’m still here in cryptomarket.
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March 13, 2019, 09:56:48 PM
 #20

What are the reasons number of investors get into crypto? Is it the secured system (blockchain) behind, or the value? I do feel my assets are much safer here with crypto secured system then banking. What really brings someone to crypto platform?

a) Money matters (that's why they called investors so they will expect a return)
b) Technology
c) Easy to used

As far as the crypto hype is concern, there is no doubt that majority dragged into crypto because of what they saw to others, getting decent earnings.

However, there are people who realized that crypto is not always about getting "profits" and began to take advantage the fundamentals of using blockchain technology.

While on the process of pursuing their main purpose they learned how good using crypto is, how easy to access it, how easy to convert it on fiat etc. all things that they never experienced in a centralized payment processor or banks.

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..CASINO....SPORTS....LOTTERY..
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