Confidence in Cryptocurrency

[79b79aa8d5047da6d3XX]

The best way to restore the first confidence in crypto is to create project that has actual use case and not just whitepaper. When they start seeing actual usecase of new projects then their confidence will be renewed again

[1715085932]

1715085932

[1715085932]

1715085932

[1715085932]

1715085932

[1715085932]

1715085932

[1715085932]

1715085932

[andor.gellenhidi]

Privacy is really just not there. Do not think about it. Today, there are so many devices in our computers that constantly follow our actions. They are watching everybody today. I do not think that this can be called privacy.

[Cult]

The best way to restore the first confidence in crypto is to create project that has actual use case and not just whitepaper. When they start seeing actual usecase of new projects then their confidence will be renewed again

I completely agree, there are few projects in the market from the real sector of life, it scares many people. First of all, you need to understand crypto, and the government is not making efforts to teach people this, and those few who study themselves, as a rule, suffer losses. This is the main reason why people are not sure about cryptography.

[JefLiber]

The best way to restore the first confidence in crypto is to create project that has actual use case and not just whitepaper. When they start seeing actual usecase of new projects then their confidence will be renewed again

I completely agree, there are few projects in the market from the real sector of life, it scares many people. First of all, you need to understand crypto, and the government is not making efforts to teach people this, and those few who study themselves, as a rule, suffer losses. This is the main reason why people are not sure about cryptography.

Why should the government get involved in this, because it is profitable for them to as many people as possible burned into the crypto currency and left this sphere with complete disappointment

[Cellerex]

True confidence in cryptocurrency can only give the most solid cryptocurrency. Not sure what project I'm talking about? Study the concept of the project Sound Money Coin and you'll be very surprised that you did not notice this coin before.

[imsotiredofmoviereboots]

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 also agree that regulation is the major key to bring everyone in the crypto space even the most doubtful people. Just them knowing that the government can easily track down anyone who will hack or launder inside and out of exchanges, it will automatically remove everyone's worries because they can at least bring back the money from where it belongs.

[zemper]

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 also agree that regulation is the major key to bring everyone in the crypto space even the most doubtful people. Just them knowing that the government can easily track down anyone who will hack or launder inside and out of exchanges, it will automatically remove everyone's worries because they can at least bring back the money from where it belongs.

Low price volatility is also a key to attract more doubtful people in cryptomarket. Nobody likes when price is dropping twice or more after tokens's purchase.

[zulfi125]

As you know various people was invest in ICO's and various ICO's was scam, so new trend IEO can be restore of investors.

[bestpikka]

with the ICO image tarnished by the many fraud teams, it will be very difficult to regain investor confidence in supporting the ICO. therefore, the ICO developers must really deal with this and provide security and security to their investors so that investor confidence can grow again.

[soramon]

From my prespective to restore investor trust is to make regulation that cover everything. Safety is the most investor want right now. The number of fraud projects is still high investor lost their interest to ICO. If there is a guarantee on ICO maybe investor will stay.

[adzino]

I don't think people have lost any confidence in crypto currencies. I am assuming you are saying this based on the fact of the price of bitcoin and other crypto currencies. You should know that the value of a coin does not define how successful the coin is. The price in fact is nothing. We  don't need confidence of investors who just invests for profit. Eventually they will dump out whatever they invested to cash out their profit, thus we go back to the initial stage of where we were. Just keep your own confidence and stop thinking about the value. Spread the good words of crypto currencies and get rid of naysayers.

[dmzworld]

Many crypto dealers already have inbuilt confidence in them. More confidence will come for us by the time the governments of many nations and institutional investors are embracing this technology.

[bitcoinst]

It gives me the confidence that no matter what the crypto currency was around, there were rumors or bad news, it’s still here, everyone still wants to get it, everyone adapts to the development of the crypto market to be in trend. ICO is only a part of all this, no more.

[Toraynt]

Many crypto dealers already have inbuilt confidence in them. More confidence will come for us by the time the governments of many nations and institutional investors are embracing this technology.

But when the government starts using cryptocurrencies, it is likely that the cryptocurrency will be controlled, which is not very good and the cryptocurrency will change very much

[arimamib]

It gives me the confidence that no matter what the crypto currency was around, there were rumors or bad news, it’s still here, everyone still wants to get it, everyone adapts to the development of the crypto market to be in trend. ICO is only a part of all this, no more.

as long as trust is still there for crypto, I'm sure crypto will continue to grow and ICO in my opinion is only part of the way in which crypto develops in the world, as long as crypto enthusiasts are there, crypto will live

[bitc0000]

When there's a breach of trust, confidence is lost. 2018 was a horrible year for investors as most lost funds committed to ICOs. Thankfully, a new method of fund raising has been devised to bridge the gap between developers and investors

[fasdorcas]

Exchangers and wallets must increase their security and provide guarantees to users, in the event of hacking they dare to reimburse costs. so that investors get their trust in the crypto market again.

Most times, the security challenged that is attached to hacking may not even be the fault of the exchanges or wallet order than the user of these 2, we find hard to believe that the major cause of this security threat is the carelessness of the holders.

Most exchange have already put necessary measures in place that will secure the fund of an investors from their own end but the carelessness of the user with the details provided to him has made hackers successful, many don’t even use strong password because they want something they can easily remember which will take a good hacker few minutes to crack, charity begins at home, we need to work on ourselves too before accusing exchanges and wallets.

[Zythiphill]

When people understand that they are taking risks , they are not afraid then to lose money , I think cryptocurrency is a very risky asset that can bring you good losses but of course a great profit

[komjhq]

When people understand that they are taking risks , they are not afraid then to lose money , I think cryptocurrency is a very risky asset that can bring you good losses but of course a great profit

Today, many users of cryptocurrency invest their funds only because there is a very big chance that cryptocurrency prices will increase again and this will give the opportunity to increase their income several times. This is practically the best opportunity for an investor to make a profit out of all possible, even in a real business. K But as soon as the cryptocurrency market is stable and prices are fixed at the same level, the relevance of the cryptocurrency will probably decrease.

[94K]

The current state of the cryptocurrency market is down for low which I agree with that. However, I still have confidence in cryptocurrency that it will survive. This isn't the time to quit. Cryptocurrency has more to give.