Confidence in Cryptocurrency

[adekogbe]

Cryptocurrency adoption has begun and it is continuous. This year alone has demonstrated that and numerous greater organizations are wandering in crypto which is great all around.  The main issue that is giving cryptocurrency awful sentiments is 'scam ' the scam rate is disturbing ,if there will ever be an answer for fix this I'm certain it will be whale of a ride to the moon ,trust is as yet missing ,big time , even exchanges are as yet defenseless against hacking and malicious threats

[MakeMoneyBtc]

If there are some clear regulations on ICO/STO/IEO or just some kinda standard to protect investors funds am sure it will make some sense and drag investors back but with all the losses and no money back guarantee is hard to tell if users and investors are ready to forget the crypto style of inefficiencies

I'm sure in the future some kind of regulations will be applied to all of this projects because way to more people are losing their money. Someone has to take action sooner or later on this and it's just a matter if time until governments will actually do something about it otherwise scammers are never going to stop.

[BlackPanda]

I think the biggest factor to have crypto more confidence is regularization and legalization because when the time that it will happen more merchant and company will going to accept crypto as a payment and more people and investor are going to buy and use bitcoin as a payment and as a investment so it will be a higher confidence for crypto.

And that's not going to happen unless we have the government's approval and endorsement. That why it's important to have a compromise or a middle ground so they can work hand in hand and that would be easier attained if there are certain regulations met. I fon't know, but for crypto to progress further, we have to remove misunderstandings between crypto and the government.

The government should be able to support all efforts related to crypto, because with government support, crypto will be able to develop more. When the government takes an important role, it can be said that crypto will be far more stable and have a regulatory certainty so that the circulation and use will be far more legally guaranteed.

[2tang]

sometimes I also think about it because the more ICOs succeed, the better for me because the bounty hunter is also strongly associated with the ICO, the results I will get depend on the success of the ICO and in my opinion the solution is to tighten all this, there is only ICO and projects that are clear or handled by an expert team, only projects that have passed like regulations or the like, if it is fulfilled, investors will no longer hesitate in investing in the ICO and there will be many ICOs who have no difficulty reaching hardcap, as in the past

[Maamejane]

Well no one could be trusted and it will be difficult to restore the confidence that use to thrive some years back. Everyone is trying to be smart and make it big without thinking of the channel he or she is using to accumulate the wealth. Therefore lets try to be each others keeper by doing the right and relaying the right information.

[BryanK]

I think we need to remember that now there is such a project as Binance. They are very close to this policy. A large community and responsive administration are the main factors of confidence in the cryptocurrency.

[renault18turbo]

Confidence is a good thing, but sometimes it can be really hard to forget all the loses and stay strong no matter what. But yeah, it is good

[Priyank9871]

this year is the main year where many regulation happens, institutional money coming, adaption growing, so am more confidence

[macshad]

Worldwide guideline is a standout amongst the most ideal approaches to re-develop speculator trust in cryptocurrency. In any case, there are as yet numerous different components that can reestablish speculator certainty, for example, the event of a sound bullish pattern, in light of the fact that with this pattern financial specialists will start to enter the market to make a benefit. We should recollect that the genuine reason for speculators is to make a benefit.

[karankamaze]

Confidence is a good thing, but sometimes it can be really hard to forget all the loses and stay strong no matter what. But yeah, it is good

if it can make you more careful in investing, I think that is a good thing as long as it doesn't make you afraid.
sometimes we really need good and bad experiences so we will know better what we should do so that we don't experience bad things anymore.

[XCANA]

Have always have confidence in cryptocurrency becasue this currency has changed my personal life and that of my family. Investment into cryptocurrency on a long term yields more profits than all others investment. Am happy to be part of this community.

[Tsubachuchu]

Keeping your confidence, because it might going for some big thriller soon since the price of bitcoin is moving to $6000 in no time, but even so just  relax and be patient and wait for the price improvement to move further before you invest your money.

[ufaiz50]

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.

Why are you sure that regulation can restore? to my knowledge that regulation has two possibilities a mitigating regulations and burdensome regulations. In my opinion to restore the trust in crypto especially to large investors, namely good news, an example when we know that world tennis players are investing in crypto I see volumes and fluctuations starting to rise and growing confidence in the market, while when binance loses 7k bitcoin after the news the market experiences correction even though binance can overcome it but we don't know what impact the news has in the future.

[ahmed04]

Cryptocurrency needs regulators. Since depend on them to promote blockchain. People will not be able to believe something very expensive.Confidence in cryptocurrency is important.

[Piskeante]

prices have been flat for almost 2 days. A 10% dump in incoming.

[Menawi12]

Scams are not only present in the crypto space, they are everywhere even in the real world so regaining the trust of the investors in this industry would be difficult especially if they have been scammed before. However, more and more investors are being careful in investing and this shows just how much interest they still have in the market thus wanting to learn. Especially with the rise in bitcoin, restoring the confidence of the investors is not impossible. Just like in games if someone suffers a loss, it is difficult for them to gamble again but if the game promises high return, they mighy be interested again.

I am agree, scams happen in any market or industry. I dont believe cryptocurrency is scam because market cap value already reach above $150billions and many big company join in this industry. If regulated by government, i think more investor more confident to invest in crypto and could be a catalyst

[drumamat]

What can be done to restore and foster investors' confidence in cryptocurrency?

Those investors who have long invested in cryptocurrency do so with confidence.From this category, I did not see a decline in investment interest at all.The problem is only with the category of beginners.As a rule, many of this category invest only in known cryptocurrencies without studying and analyzing the rest of the market.To draw attention to investing in other Altcoins, you just need to provide more information to investors regarding promising cryptocurrency assets. This can be done with the help of creating a thematic YouTube channel.Also, of course, security remains an open and sore point. Alas, not all services, exchanges and wallets are 100% safe

[Wintersoldier]

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.

If we are talking and taking the regulation to be the part of the main language, I think what we needed to consider on it is the way how people will going to use it naturally and to avoid such detractors such as massive selling of cryptos. Because the regularization is somehow near to the concept of crypto-mass adoption.

[HK88]

To restore confidence in cryptoqurrency, crypto regulations need to be implemented, besides that it also requires support from the public so that investor confidence can grow again. that cryptoqurrency has a large space and can generate profits from investment or trade. I'm sure everyone will need this in the future.

[tisoysoy]

These day I boost my confidence in  cryptocurrency because bitcoin now is in $6,000 plus. I feel many blessing will coming. I hope it will continue to rise till this end of this year and make my stack token will get list on any exchanges which is could make me earn and also onto others.