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Author Topic: Confidence in Cryptocurrency  (Read 52988 times)
Stanlo
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April 21, 2019, 03:17:21 PM
 #381

We still need regulations in crypto space, I hope very soon bakkt will have no choice but to get approved, people needs certain assurance that crypto is a safe haven and not just a illusion, we still have too many people that think wrong about cryptocurrency in general

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April 21, 2019, 09:01:45 PM
 #382

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.

What you are talking about relates primarily to exchanges. The case of hacking a cold cryptocurrency wallet is not yet known. All hacks occur through the fault of wallet owners who do not follow the basic rules of security when using digital currencies. I do not think that hacking some cryptocurrency exchanges affects the industry as a whole.
On the other hand, the fall of individual participants is typical for any growing industry.

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April 21, 2019, 09:09:10 PM
 #383

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.

I think the confidence in cryptocurrency is there, only in ICO investment that investors are in doubt. Maybe you are right that what is needed is the regulation of cryptocurrency but the anonymity will be gone.

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April 21, 2019, 09:27:19 PM
 #384

Confidence in cryptocurrency depends on the starting point of the individual
As well as the assimilation level too.

With the dominant bearish state over the few months; it is hard to get motivated
Even bounty hunting are becoming less rewarding
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April 22, 2019, 06:16:06 AM
 #385

as already many times wrote, I am confident in value crypto, I believe that this beginning of the revolutionary future, crypto will change the world, and our relation to finance, now the market began to recover a little, despite the next long correction.
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April 22, 2019, 06:52:39 AM
 #386

Having confidence in what you are doing is a great virtue as it will help you to get the best of it, Confidence is Crypto is a great strategy to your success as it will help you to dig in more and learn of the valuable secret to survive in it

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April 22, 2019, 07:05:36 AM
 #387

Im very confidence in cryptocurrency, but in ICO i will bot believe anymore. I love Cryptocurrency like bitcoin, ethereum, EOS and Ripple. I have invest my money and i think Bitcoin, Ethereum, EOS and Ripple will make big pump on 2020.
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April 22, 2019, 07:46:57 AM
 #388

generally trust comes by itself, they will believe when something they get here. I mean crypto has a lot of space and in the meantime some of the investors are reconsidering before investing because the market is bearish. so to grow the trust of all investors will come by itself, there's no need to worry because I'm sure investors know more about the right time to participate again here.

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April 23, 2019, 04:03:13 PM
 #389

Only people with long time heart can support the word confidence.because sometimes confidence In crypto can turn us down and turn our good coin to shit. No one can boldly say how market is. Market can just destroy a good coin within a minute and turn good coin to shit .so to hold a coin will be very hard for holder. Only long term investors can invest and hold.

Wow. Long lime heart...I like it. Most people that decided not to leave the market during the bloodbath are real heroes. I know some of these guys lost almost everything but they still believe in cryptocurrency.
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April 23, 2019, 04:16:10 PM
 #390

something that hard to do unless you fix all everything that make your investor lost their confident
especially when many ico scam and investor got nothing from them. they stole their money
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April 23, 2019, 04:27:36 PM
 #391

Only people with long time heart can support the word confidence.because sometimes confidence In crypto can turn us down and turn our good coin to shit. No one can boldly say how market is. Market can just destroy a good coin within a minute and turn good coin to shit .so to hold a coin will be very hard for holder. Only long term investors can invest and hold.

Wow. Long lime heart...I like it. Most people that decided not to leave the market during the bloodbath are real heroes. I know some of these guys lost almost everything but they still believe in cryptocurrency.
You're right when you the cryptoneir that still tight their coins during the bloodbath market are real heros and they absolutely did that cause the strongly have confidence in crypto currency.
Concern Grenee statement, having a long time heart doesn't work in the crypto sphere if the crypto trader or investor lack the knowledge and also don't stay update about whats going on in the market.

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April 23, 2019, 04:28:58 PM
 #392

We are slowly moving into right direction, because as we see, investors are getting warm and actively taking part in IEOs on different exchanges. The number of fraud projects is rapidly reducing, so it seems like the whole situation is getting better.
Today I saw the repair of the price after crossing the 5400$ level and hope this will be a fresh start for the bull trend. IEOs will change the token sales completely and we will execute our order on the dex-s.
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April 23, 2019, 04:33:15 PM
 #393

If you need to have confidence in the cryptocurrency market you should;
*Make your own researches and don't just watch some youtube videos and invest! You need to do your things by yourself.
*Never believe anyone in this world, otherwise you would loose
*Never loose all your hope and quit, because this world is ours
*Everyday follow the news and don't miss anything

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April 23, 2019, 04:37:31 PM
 #394

i believe it is our wisdom that will bring the confidence in this case. we all know that hackers are all around despirately hunting everyone's account especially those who have something meaningful. so we have to be wise enough to keep our account details safe from their reach, watch carefully against scam projects and much more.


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April 23, 2019, 04:41:52 PM
 #395

I think there are good days waiting for us to live in paradise. The confidence level is down and investors are afraid to make an investment to reliable projects too. Investors will not come back if crypto projects don't hit the ATH.
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April 23, 2019, 07:08:14 PM
 #396

i believe it is our wisdom that will bring the confidence in this case. we all know that hackers are all around despirately hunting everyone's account especially those who have something meaningful. so we have to be wise enough to keep our account details safe from their reach, watch carefully against scam projects and much more.
You need to protect your assets indeed, there's always someone who's just waiting for a perfect timing to take everything from you, be more furious and actively updates your securities, and regarding to any projects watch out for good one that will be introduce, stay away from scam projects that will surely sucked your money and runaway after.
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April 23, 2019, 10:14:20 PM
 #397

Only a few people with great insight into the crypto world would know that the crypto market  full of ups and downs. As the market prices of several coins are not stable yet, a lot of people are in great panic and thought of how to recover their funds back. In recent times, we have seen a lot of good coins loose their value beyond expectation. Don't let these hard times scare you off,  a time will come when the market condition would be stable.

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April 23, 2019, 10:54:11 PM
 #398

Regulations will play a large role in the adoption of cryptocurrencies by the masses by boosting their confidence however there is also need for investments from Giants in the Tech industry and also in the finance industry to push cryptocurrencies from its present level to the next level.
The recent investment of JP Morgan in JP coin which is the first bank based cryptocurrency in the world is one of the scenarios that can push cryptocurrencies to the world through Giants in the finance industry. This particular example boosted the confidence of the new and also the seasoned crypto investors.

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April 23, 2019, 11:16:48 PM
 #399

Reserve
Reserve for what?
I think there are good days waiting for us to live in paradise. The confidence level is down and investors are afraid to make an investment to reliable projects too. Investors will not come back if crypto projects don't hit the ATH.
Investors are afraid to invest in projects today because many of them are scam and that made them avoid projects for the meanwhile.



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Rainbot
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April 23, 2019, 11:20:18 PM
 #400

Regulations will play a large role in the adoption of cryptocurrencies by the masses by boosting their confidence however there is also need for investments from Giants in the Tech industry and also in the finance industry to push cryptocurrencies from its present level to the next level.
The recent investment of JP Morgan in JP coin which is the first bank based cryptocurrency in the world is one of the scenarios that can push cryptocurrencies to the world through Giants in the finance industry. This particular example boosted the confidence of the new and also the seasoned crypto investors.
The coin that JP Morgan created is actually not a very good thing for crypto market since what they have created cannot be called a cryptocurrency from my opinion. Their coin tends to be more centralized because it looks like only companies that are in correlation with their firm will be able to use it and also JP Morgan will have full control over all transactions being made. So this kind of coins are not that valuable as they seem for us.
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