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Author Topic: Confidence in Cryptocurrency  (Read 52988 times)
Serco
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April 06, 2019, 08:10:10 AM
 #261

it will be good if the cryptocurrency will be accepted by the government and then confidence in these tools will appear from investors
before starting an investment investors already know all the risks that will be obtained and by knowing all the risks of course confidence and patience will become more developed of course

They have to go through it and know about the losses and benefits they will get late. but all of this doesn't go fast because there will be many roads they have to go through.
investors will pass long journey in cryptocurrency market.they will have different ways, some investors will pass it smoothly without any loss but some of them will pass winding journey.this ways depend on their self how to prepare.
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April 06, 2019, 09:00:09 AM
 #262

Like pointed out earlier, regulation is very important(atleast to a certain healthy level). Confidence boost can only return if investors see cryptocurrency as an avenue to make money and not loose it. The more scams or fraud are perpetrated in this space, the more potential investors evade the market.

Government regulation will increase investor confident and others people will think crypto is legit investment. If investor more confident, i am believe market will recovery sooner because its about market psychology. With government regulation, investor not afraid anymore about scam because government should be protecting investor funds

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April 06, 2019, 09:00:49 AM
 #263

yes I believe what crypto will start over again good projects which not only will make profit, but will change the world to the best, thereby again will attract people, and will restore trust to the cryptoindustry.
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April 06, 2019, 09:24:08 AM
 #264

To regain investor confidence, I think we can do many things. Cryptocurrency is a big industry and is currently very popular. So many people hope to get money from this industry. Now the market has risen again and now the volume is getting bigger. And that means that now investors have returned to believe in Crypto.

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April 06, 2019, 09:44:23 AM
 #265

it will be good if the cryptocurrency will be accepted by the government and then confidence in these tools will appear from investors
One of the reasons government is finding it difficult to accept and legalize cryptocurrency, is because of its anonymous nature.
They are afraid taxes would be easily evaded. It might enhance more crime, such as money laundering, drug trafficking and the likes. These are some of their fears, but with time I believe they will approve it.
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April 06, 2019, 09:52:04 AM
 #266

about security is still a problem in the world of cryptocurrency at this time, but I am sure that in the near future it will improve, the reason is, we see that the very large ICO project is paying attention to security issues, if security is guaranteed, Cryptocurrency will be in demand by many people.

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April 06, 2019, 09:55:00 AM
 #267

I have tried to ask myself this question many times: What can be done to restore and foster investors' confidence in cryptocurrency?
There have been several incidences, most especially as regards the issues of hack of exchanges and several other forms of stolen funds, which has in turn cause down trend at some points in the crypto space.
These incidences have made a lot of people to be at their wit ends, not knowing what to do.

If I should ask everyone what can be done to foster confidence, we will all have different things to say. Nonetheless, suggestions are welcome, but before that, I just feel that regulation is part of the main language that can restore.
Aside that, if exchanges have not started the process of insuring the funds on users on their platform, it will be good they start that.

Restoring investors confidence can be done through accepting and adopting cryptocurrency worldwide, safeguarding cryptocurrencies from hacks and theft, curtailing scammers and above all insuring of funds by exchanges.

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April 06, 2019, 10:35:33 AM
 #268

The confidence will come with the raising market. If the market is falling, the majority of investors prefer to sell their crypto currencies or to hold them, but the most clever investors are investing at that moment.
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April 06, 2019, 10:59:56 AM
 #269

The confidence will come with the raising market. If the market is falling, the majority of investors prefer to sell their crypto currencies or to hold them, but the most clever investors are investing at that moment.
Yes , but on the other hand if fundamental changes occur in the market, for example, investor protection and financial guarantees appear, this will greatly add confidence to investors and, as a result, the market will go up. This is a question of cause-effect relationships , in other words, we are discussing, which came first, the chicken or the egg ?  Smiley
I think that cryptocurrency market should become more honest and transparent, then investors will have confidence and this will benefit the entire market.
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April 06, 2019, 11:08:07 AM
 #270

This increase that occurred in April made me optimistic about the future of crypto, now the price of bitcoin has reached $ 5,050 and the transaction volume that continues to increase makes the future of crypto bright.

I consider that it was the first well-seen sign of the coming bull run. It has given me hope that all that we do here is correct. I am going to invest in the altcoins I like more money and hold them longer.
Robotbitcoin22
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April 06, 2019, 11:16:00 AM
 #271

Like pointed out earlier, regulation is very important(atleast to a certain healthy level). Confidence boost can only return if investors see cryptocurrency as an avenue to make money and not loose it. The more scams or fraud are perpetrated in this space, the more potential investors evade the market.
the fact is that there are still many countries that have not given their attitude whether to support cryptocurrency or not and this is actually very detrimental because of course many of their communities are confused when they experience problems when their investment experiences problems
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April 06, 2019, 11:35:41 AM
 #272

Well for me i have my full confidence in Cryptocurrency, yes there are some countries which government did not accepted it but in my owned country although it is not fully accepted by the government but there is no problem about it, most especially if government will fully supported and accepted it.

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April 06, 2019, 11:36:37 AM
 #273

Like pointed out earlier, regulation is very important(atleast to a certain healthy level). Confidence boost can only return if investors see cryptocurrency as an avenue to make money and not loose it. The more scams or fraud are perpetrated in this space, the more potential investors evade the market.
the fact is that there are still many countries that have not given their attitude whether to support cryptocurrency or not and this is actually very detrimental because of course many of their communities are confused when they experience problems when their investment experiences problems
indeed, some countries still have not received good use of cryptocurrency for payment of something that is bought, but I am sure it will not last long, when cryptocurrency strengthens and there are already many countries that use cryptocurrency, there will be times when countries prohibit the use of cryptocurrency payment using cryptocurrency.

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April 06, 2019, 11:51:02 AM
 #274

it will be good if the cryptocurrency will be accepted by the government and then confidence in these tools will appear from investors
before starting an investment investors already know all the risks that will be obtained and by knowing all the risks of course confidence and patience will become more developed of course

They have to go through it and know about the losses and benefits they will get late. but all of this doesn't go fast because there will be many roads they have to go through.
I think investors know about risks, losses, and so on. but in a bad condition like bearish, of course their trust will fall, and need a lot of things to make them trust the crypto again so that the crypto marketcap gets bigger again, one of them is positive news like legality and so on
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April 06, 2019, 12:03:38 PM
 #275


They have to go through it and know about the losses and benefits they will get late. but all of this doesn't go fast because there will be many roads they have to go through.
I think investors know about risks, losses, and so on. but in a bad condition like bearish, of course their trust will fall, and need a lot of things to make them trust the crypto again so that the crypto marketcap gets bigger again, one of them is positive news like legality and so on
It is a normal feeling for everyone cause we care also our funds and any possible for losses. But wen have that instincts which could help us to stand strong and never have to think of quitting. Its a little bit disappointing to see a bearish trend continue until 1st quarter of this year. But as shown the market today, it sounds great and we are moving into bullish season.

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April 06, 2019, 12:11:15 PM
Last edit: April 07, 2019, 07:27:18 AM by masterrex
 #276

I have tried to ask myself this question many times: What can be done to restore and foster investors' confidence in cryptocurrency?
There have been several incidences, most especially as regards the issues of hack of exchanges and several other forms of stolen funds, which has in turn cause down trend at some points in the crypto space.
These incidences have made a lot of people to be at their wit ends, not knowing what to do.

If I should ask everyone what can be done to foster confidence, we will all have different things to say. Nonetheless, suggestions are welcome, but before that, I just feel that regulation is part of the main language that can restore.
Aside that, if exchanges have not started the process of insuring the funds on users on their platform, it will be good they start that.
Honestly saying i was involve in cryptocurrency since 2015 But i was not focus til then, until 2016 has arrive im slowly tried investing in cloudmining services and i was became a victim of "HashOcean Cloudmining Scam" im losing a lot from those incident but my confidence in Cryptocurrency still remain, But it was slightly affected my  judgement im hesitate to invest more for Buy and hold, I was comparing from 2016 upto today the scamming incident was very high compare back then. and the issue of Confidence is not measured by just say it so. it must be accompanied by action! Thats why the "All time highs" are recorded because of the "Investors Confidence about Cryptocurrency" and it will continue as far as cryptocurrency exist. for me it must be regulated as soon as possible in order to restore all the potentials that lose because of the scams that happening in the cryptosphere.

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April 06, 2019, 12:14:50 PM
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 #277

I greatly feel good right now seeing the market even moves slowly making to recover from a year of bear. The most awaited part of crypto looks like it nearly to came out and it fir sure everyone could smile again. It feels that many investors will turn back into crypto and putting more money taking the advantage with the cheap price.
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April 06, 2019, 12:46:12 PM
 #278

it will be good if the cryptocurrency will be accepted by the government and then confidence in these tools will appear from investors
before starting an investment investors already know all the risks that will be obtained and by knowing all the risks of course confidence and patience will become more developed of course

They have to go through it and know about the losses and benefits they will get late. but all of this doesn't go fast because there will be many roads they have to go through.
I think investors know about risks, losses, and so on. but in a bad condition like bearish, of course their trust will fall, and need a lot of things to make them trust the crypto again so that the crypto marketcap gets bigger again, one of them is positive news like legality and so on
We are all human though and I'm sorry if I burst your bubble but every crypto currency traders or investors who's trust fail or fall just because of the bearish market definitely don't know the risks,losses and the so on you presume because crypto are basically built on the foundation of volatility.

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April 06, 2019, 01:22:41 PM
 #279

I have tried to ask myself this question many times: What can be done to restore and foster investors' confidence in cryptocurrency?
There have been several incidences, most especially as regards the issues of hack of exchanges and several other forms of stolen funds, which has in turn cause down trend at some points in the crypto space.
These incidences have made a lot of people to be at their wit ends, not knowing what to do.

If I should ask everyone what can be done to foster confidence, we will all have different things to say. Nonetheless, suggestions are welcome, but before that, I just feel that regulation is part of the main language that can restore.
Aside that, if exchanges have not started the process of insuring the funds on users on their platform, it will be good they start that.


For me, that is pretty hard to do, especially when you are trying to convince someone who does not want to be convinced or someone who has pretty much lost faith on cryptocurrencies. I think the confidence aspect in cryptocurrency comes from the inside because only true believers would have that resiliency and courage to continue on despite the many negative things happening in the market.
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April 06, 2019, 01:31:44 PM
 #280

Seeing the market conditions that have improved in 2019, we deserve to be optimistic that this year the market will recover soon, moreover the large daily transaction volume that can reach $ 50 billion is certainly a great potential that the market will go moon.

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