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Author Topic: Confidence in Cryptocurrency  (Read 53148 times)
ghost424
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May 09, 2019, 12:42:04 PM
 #481

Trusting cryptocurrency can be hard for some users because some of them already got scammed and they lost their will to earn them again. We should just trust the platforms we are using to gain proper commercialization and be on the process of development because technology is always advancing.
roadwell890
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May 09, 2019, 12:55:12 PM
 #482

Trusting cryptocurrency can be hard for some users because some of them already got scammed and they lost their will to earn them again. We should just trust the platforms we are using to gain proper commercialization and be on the process of development because technology is always advancing.
confidence is really necessary because if you don't have trust it's difficult to run honestly because you're not sure if you can succeed from Crypto.
do not regret what has happened and do not easily despair, continue to be enthusiastic to achieve our dreams.
there is hope that you must be careful when choosing and running a project.

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May 09, 2019, 01:27:41 PM
 #483

Trusting cryptocurrency can be hard for some users because some of them already got scammed and they lost their will to earn them again. We should just trust the platforms we are using to gain proper commercialization and be on the process of development because technology is always advancing.
confidence is really necessary because if you don't have trust it's difficult to run honestly because you're not sure if you can succeed from Crypto.
do not regret what has happened and do not easily despair, continue to be enthusiastic to achieve our dreams.
there is hope that you must be careful when choosing and running a project.

We can achieve it, self confidence,  by investing only the money that we won't use for a long time. I mean, we still have the other money to cover our needs in daily basis. Thus we will be calm in facing all existing conditions and able to think clearly before determining an action.

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May 09, 2019, 01:31:22 PM
 #484

Trusting cryptocurrency can be hard for some users because some of them already got scammed and they lost their will to earn them again. We should just trust the platforms we are using to gain proper commercialization and be on the process of development because technology is always advancing.
It's like going out in our comfort zones, we will never know how successful it can be without risking, scammers may always be there but we have our way to not be a victim of them, we shout be careful and be knowledgeable in crypto space.

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EdvinZ
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May 09, 2019, 02:07:33 PM
 #485

Many people say that if a person does not own the private keys of their wallets, then there is no guarantee that his money is secure. Decentralized exchanges are safer, but have low liquidity. Thus, the investor chooses either increased security or liquidity.

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May 12, 2019, 05:06:09 AM
 #486

I'm first to increase any belief on the cryptocurrency marketplace at one time anew, as it's like to me similar thither 's lastly gonna be crap amble this yr. BTC is presently value 5k buck and that's a great mark.
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May 12, 2019, 10:29:41 PM
 #487

Many people say that if a person does not own the private keys of their wallets, then there is no guarantee that his money is secure.

This is true, you can only be at ease when you are the only one who knows and have the private keys to access your account.
The current way of accessing your account in a decentralized exchange is not safe as you need to put your private key, and this actually results to lots of complains before when some people got victim of phishing on a wrong etherdelta website IIRC.

Reputation of decentralized exchange now is not good IMO, but hopefully it will be revive with a new competition coming in the market like Binance DEX.

Decentralized exchanges are safer, but have low liquidity. Thus, the investor chooses either increased security or liquidity.

There is no exchange that are safe now but security can be improved.

True, the liquidity is low because it's not as convenient to us especially for day trading, and as I've mentioned, it's reputation is not good.

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bartusv
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May 12, 2019, 11:56:49 PM
 #488

Security play an important role in crypto and by improving that aspect I am sure crypto will be more trusted by ordinary people.
We have to remember how sceptical they were to credit cards not a very long time ago....

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May 13, 2019, 12:27:23 AM
 #489

exchange need to take pro active role cause hacker will try get inside on way or another while user need be extra careful .Avoid scam ICO and store coin inside hardware wallet
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May 13, 2019, 01:02:18 AM
 #490

It is good to have confidence in crypto especially as an investor. This is what will enable the crypto investor to stay focused and patiently wait even when the market goes bearish for a long time. Now the market is beginning to flourish with Bitcoin hitting $7K. There is no point in losing confidence in crypto at this point in time. Stay calm and patiently wait as you buy more of the valuable coins.
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May 13, 2019, 02:08:57 AM
 #491

99% of wealth are owned by 1%. Rich people dont like crypto because it takes away power from them to monopolize the economy. Our world need a more fair and just wealth distribution system, why are opportunities only available to the rich? why the rich gets richer? These are the solutions crypro offers ans when many see these solutions and understand it their confidencw will be built back and they will come to accept and adopt this wonderful technology

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May 13, 2019, 02:16:41 AM
 #492

I agree with you that it will be the strong regulation will make every investor to fully trust the crypto currency investments. Regulation will ensure that only legit projects will be able to join the Crypto currency space making the crypto users hard earned money will be safe from illegal people.
Wolfwar
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May 13, 2019, 06:42:45 PM
 #493

I agree with you that it will be the strong regulation will make every investor to fully trust the crypto currency investments. Regulation will ensure that only legit projects will be able to join the Crypto currency space making the crypto users hard earned money will be safe from illegal people.
you must first select and create a procedure with which you can make leadership that will not adversely affect other projects.  In addition, you need to have a regulatory format that will not give the opportunity to abuse such functions.
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May 13, 2019, 06:55:54 PM
 #494

Regulations will play a bigger role in taking back the confidence of new and old investors. Regulated ICO's and IEO's would make the investors assured that their investment will be safe. Investors have so much confidence and trust in IEO's like in Binance as they already made due diligence before accepting the projects.
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May 13, 2019, 06:58:35 PM
 #495

You can not be sure that never controlled.  This is just insane.  We can only hope for the best and wait for it.  But not to be sure.  I am only sure that the cryptocurrency will exist is a fact.
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May 13, 2019, 07:07:17 PM
 #496

Major adoption is what will make lots of investors come into cryptocurrency world, I believe with major adoption lots of projects will come up with more use case and regulations also might interest investors in coming into cryptocurrency world

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May 13, 2019, 07:08:34 PM
 #497

More adoption and government getting involved ,mainly regulation is the solution here ,if people start seeing regulations then they will have full confidence to invest in crypto ,its simple as that

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May 13, 2019, 07:13:03 PM
 #498

I believe the only thing that can restore investors is to punish scammers. It is the scammers that scare people from investing in crypo because people believe after investing, they will lose their monies. So if scammers are removed investors will feel free to invest.

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May 13, 2019, 11:02:14 PM
 #499

I am still confident about crypto, many people give up this year. I still believe that crypto will grow in the future
Of course you do not need to give up , the crypto currency has turned around and now you should expect a big growth by the end of the year!
It is not only about the confidence in the markets but investors confidence index is down due to this reason. Big growth will not happen this year in my opinion and there is a small chance we can see the big recover this year.
we've seen it today, bitcoin is increasing rapidly. this is proof that the crypto market is very promising and I congratulate bitcoin holders. they have found a big advantage. I have no doubt that bitcoin will continue to grow and cannot be stopped.

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May 13, 2019, 11:45:31 PM
 #500

I believe the only thing that can restore investors is to punish scammers. It is the scammers that scare people from investing in crypo because people believe after investing, they will lose their monies. So if scammers are removed investors will feel free to invest.
yes investors will feel calm if the Scammer is no longer there and will likely fail only a few percent.
I think it's hard to get rid of scammers and maybe reduce them but if you eliminate them it's very difficult, because the cunning person is very clever in doing everything to cheat.

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