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Author Topic: What scares you the most?  (Read 1945 times)
Asuspawer09
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November 02, 2019, 09:55:43 AM
 #101

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!
The biggest fear here is when you lost your bitcoin  Grin bitcoin dumps are just okay at least you still have your bitcoin and still you could hope that bitcoin will pump in the coming years again just like what happened today so I guess. Losing your private wallet was completely disappointing you might want to quit if that happened but having a big amount of bitcoin for sure we have a lot of backup passwords for that kind of money in your wallet. Maybe if the may wallet was the problem sometimes the wallet you are using might don't have a good support team that you could talk to.

.
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November 02, 2019, 10:02:28 AM
 #102

I think that crypto users are usually afraid to lose their coins by cyber attack or losing private keys and the second fear is huge price dump.
From the first fear we can protect ourselves with different security measures, at least when our wallets are in question and the solution for the second is to diversify investments.
investors and other traders do have fears about losing their assets when stored in hacked wallets but that is what is called risk because storing their assets does not have high security so as to make assets disappear like that, for solutions like this it must strengthen security because if the wallet is lost it will not be able to reverse.

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November 02, 2019, 10:28:22 AM
 #103

The scarriest thing that happen to me few years ago, I open my ethereum wallet using private keys, and Im really shocked seeing my wallet is empty. My wallet got hacked and the saddest part is the coin in my ethereum wallet is worth 1000$+.

If this will happen to me, I will blame myself, but only for a short period of time. Since the reason why it became hacked is not 100 percent caused by the platform, but by the human error. I believe that we do really commit mistakes. And what is the scariest part about it is not being hacked but not learning a lesson from the passed that we already been experience. In all of our actions there are lesson for us to carry.
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November 02, 2019, 04:10:22 PM
 #104

The scarriest thing that happen to me few years ago, I open my ethereum wallet using private keys, and Im really shocked seeing my wallet is empty. My wallet got hacked and the saddest part is the coin in my ethereum wallet is worth 1000$+.

If this will happen to me, I will blame myself, but only for a short period of time. Since the reason why it became hacked is not 100 percent caused by the platform, but by the human error. I believe that we do really commit mistakes. And what is the scariest part about it is not being hacked but not learning a lesson from the passed that we already been experience. In all of our actions there are lesson for us to carry.

I blame myself til now, my mistakes is i'm lazy securing my wallet and I thought it is secured website. But that incident happen and I already learned my lesson, I hope i can earn that much money again.
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November 02, 2019, 04:23:29 PM
 #105

Let me tell you what scares me the most. Around a couple of years ago Indian government decided to detach banks from having any contact with Cryptocurrencies exchanges. That news gave signs that soon India could possibly ban Cryptocurrencies. This still is my biggest fear. Some people would say that you don't need to worry because btc is still unstoppable but being a law abiding citizen i really don't want to be involved in something expressly said illegal by our country. Moreover what would happen to my savings stored in crypto and how would i redeem them? I think this is a scary thing.
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November 02, 2019, 04:30:01 PM
 #106

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!
The biggest fear here is when you lost your bitcoin  Grin bitcoin dumps are just okay at least you still have your bitcoin and still you could hope that bitcoin will pump in the coming years again just like what happened today so I guess. Losing your private wallet was completely disappointing you might want to quit if that happened but having a big amount of bitcoin for sure we have a lot of backup passwords for that kind of money in your wallet. Maybe if the may wallet was the problem sometimes the wallet you are using might don't have a good support team that you could talk to.
Indeed , when you lose that bitcoin you have been worked for everyday. I dont want to lose any of it, so that I do trade little amount of my money because I do not have such so that whether I will have a gain in day trade or not, I will not lose all of my money. Im afraid to lose every single penny.
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November 02, 2019, 04:53:00 PM
 #107

When you take risk beyond your limits you fear about it. There is nothing to fear when you're good with a job to meet your needs and make your living with happiness. If the holding is all that you have for your entire life then it is fearful. Such incidents same as that's been portrayed on the image won't happen often. If happens very rarely.

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Kersh768
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November 02, 2019, 05:11:34 PM
 #108

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!
We all have different fears in crypto. Some are scared to be scammed and have all the money they worked hard for be stolen easily by someone. Some are scared to see the market going down continuously amidst hoping for a better value with their investment. Some are scared to take a risk and invest bigtime fearing that it may just lead to a massive loss. We should know how to handle our fears or else we wouldn't be able to make a change in our investments and tradings.

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November 02, 2019, 05:25:42 PM
 #109

The scarriest thing that happen to me few years ago, I open my ethereum wallet using private keys, and Im really shocked seeing my wallet is empty. My wallet got hacked and the saddest part is the coin in my ethereum wallet is worth 1000$+.

If this will happen to me, I will blame myself, but only for a short period of time. Since the reason why it became hacked is not 100 percent caused by the platform, but by the human error. I believe that we do really commit mistakes. And what is the scariest part about it is not being hacked but not learning a lesson from the passed that we already been experience. In all of our actions there are lesson for us to carry.

I blame myself til now, my mistakes is i'm lazy securing my wallet and I thought it is secured website. But that incident happen and I already learned my lesson, I hope i can earn that much money again.
I'm sorry for your bad experience, but have you been able to find how the hacker stole your key/funds? Did he phish you with a fake page on the net? 

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November 02, 2019, 05:32:46 PM
 #110

I think that crypto users are usually afraid to lose their coins by cyber attack or losing private keys and the second fear is huge price dump.
From the first fear we can protect ourselves with different security measures, at least when our wallets are in question and the solution for the second is to diversify investments.

We may afraid to lose our money by way of investing and when someone hacked your email or your coins/tokens , but we still have all the chance to earn it, but if the crypto industry will be gone, that is the worst one, as we can no longer have the chance to earn thru it. We can never earn what we have lost. It will be a greatest failure for all people.


What scares me the most is that the market will die permanently, it is impossible to happen but we are all scared about that since we are earning here, I am thankful to know this forum because I am earning money using my own knowledge by joining some campaign or bounties in which I am promoting particular project I have joined in, wherein the payment depends on the rank, also by promoting the particular project I must obey the rules of the forum from avoiding being banned. Because if I am being banned I can't earn money anymore because I only have one and only account. I am also scared of project that is scamming, so to prevent that happening I am reading their whitepaper for me to have basic knowledge about their project, I am joining based on their platform and target if they can really reach their target or not.
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November 02, 2019, 05:45:19 PM
 #111

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!
What I fear the most here in crypro honestly is death. I am really scared of seeing all of my earnings go to nothing as I go to the deepest sleep a person can ever have. I don't want my hardwork and sleepless nights go to waste. I am also scared of seeing the value of the coin I am currently investing decrease even more, I just want a better profit and at the same time, secure my future. I hope none of these things would ever happen to me or else I would definitely become messed up.
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November 02, 2019, 05:55:54 PM
 #112

As for me, it's losing my private keys by accident. Also, I'm afraid that BTC dumps during the transaction.

maybe that is because you have invested more money that you can afford to lose. psychologically speaking people are more scared when they are taking bigger risks. that is why when it comes to investment they always say "invest what you can afford to lose".
so maybe it is time for you to rethink the amount you have put in.

Common mistakes that new people in cryptocurrency world is they are letting the good news too much in their head (getting too much excited) giving themselves false hope. Psychologically speaking also, this makes them too full of themselves, and the outcome of their actions (investing too much), then suddenly the joy that they've felt in the beginning turned into sorrow, because just like what you have said, they lose the money they can't afford to lose.
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November 02, 2019, 06:21:53 PM
 #113

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!
Theres nothing even more worst on losing up your coins specially if you do had millions of dollars inside it for sure you would commit suicide if those
amounts would be lost into thin air.This is why keeping our PK is always important, be careless then your coins is good as gone.

About sudden market plummets its price? Its hard to believe yet blockchain tech will surely be the next mainstream as years goes by.

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coin-investor
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November 02, 2019, 06:29:09 PM
 #114

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!
Every one of us here are afraid of losing their private keys, especially if all your precious coins are on that private key, the market can crash down and go up but when you lose your private key you lose everything, so it's important that to not put all your coins in one wallet break it down, to at least 5 wallets and hid each one of them separated from each one, it's like not putting all your eggs in one basket.

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November 03, 2019, 04:09:49 AM
 #115

The scarriest thing that happen to me few years ago, I open my ethereum wallet using private keys, and Im really shocked seeing my wallet is empty. My wallet got hacked and the saddest part is the coin in my ethereum wallet is worth 1000$+.

If this will happen to me, I will blame myself, but only for a short period of time. Since the reason why it became hacked is not 100 percent caused by the platform, but by the human error. I believe that we do really commit mistakes. And what is the scariest part about it is not being hacked but not learning a lesson from the passed that we already been experience. In all of our actions there are lesson for us to carry.

I blame myself til now, my mistakes is i'm lazy securing my wallet and I thought it is secured website. But that incident happen and I already learned my lesson, I hope i can earn that much money again.
I'm sorry for your bad experience, but have you been able to find how the hacker stole your key/funds? Did he phish you with a fake page on the net? 

Im not able to find the hacker, the hacker send my coins to exchange site. And I don't know how to track. Im aware that the website I always use is not a fake website. I bookmarked myetherwallet and other exchange site. Maybe the exchange site I used before has been hacked?
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November 03, 2019, 10:57:14 AM
 #116

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!

I hope what you think is not really happening in the future because this is a very detrimental thing for bitcoin holders and their investors will definitely be very disappointed if we and they have to experience events as you talk about, hopefully bitcoin will be better and of value the market will rise to the future so people who adopt bitcoin don't experience disappointment.

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November 03, 2019, 01:39:47 PM
 #117

I think that crypto users are usually afraid to lose their coins by cyber attack or losing private keys and the second fear is huge price dump.
From the first fear we can protect ourselves with different security measures, at least when our wallets are in question and the solution for the second is to diversify investments.
There are much worst than that if the bitcoin and crypto currency has no more value and replace with different digital money with easy to use and easy to adopt by more people , That will be my biggest fear.
Let me tell you what scares me the most. Around a couple of years ago Indian government decided to detach banks from having any contact with Cryptocurrencies exchanges. That news gave signs that soon India could possibly ban Cryptocurrencies. This still is my biggest fear. Some people would say that you don't need to worry because btc is still unstoppable but being a law abiding citizen i really don't want to be involved in something expressly said illegal by our country. Moreover what would happen to my savings stored in crypto and how would i redeem them? I think this is a scary thing.
There are still many ways to convert your earning in crypto even government ban it. You can sell it P2P  and use PayPal .
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November 03, 2019, 01:48:00 PM
 #118

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!

My biggest fear is of course when crypto will suddenly die. But I am not thinking so much of my fears. Actually, I don't think of the negative things that could happen to my cryptocurrency involvement. Most of my fears are baseless and so I don't give much attention to it. Crypto may die but there is no reason at all why it will, not tomorrow, not even in the next 5 to 10 years.

MEGA

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Edraket31
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November 03, 2019, 01:58:50 PM
 #119

This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!

My biggest fear is of course when crypto will suddenly die. But I am not thinking so much of my fears. Actually, I don't think of the negative things that could happen to my cryptocurrency involvement. Most of my fears are baseless and so I don't give much attention to it. Crypto may die but there is no reason at all why it will, not tomorrow, not even in the next 5 to 10 years.

That's all our biggest fear when cryptocurrency died, but, so far now, it is very impossible, so let us not think of this as it will just stress out ourselves, crypto will still be there and will continue to develop, we just need some patience in order for the adoption to be widely accepted.

For most traders, their fear is to get Rekt, when they forgot to do stop loss, for bounty hunters, to get scam, for most of us, we do have different fear, but life must goes on no matter what.

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November 03, 2019, 03:30:47 PM
 #120

It was in 2018 I think where I lost almost half of my money because I kept it on my wallet without withdrawing it where at that day I thought the price wouldn't go down that hard and it almost broke my heart entirely. But thanks to that experience, I'm becoming more aware about that stuff and improving myself more and more until this time Smiley

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