Whats your fears in new cryptocurrency?

[lumeire]

The fear of losing your hard earning money.

Everyone is having this fear in their mind, the ones who are investing their money to buy cryptocurrencies have the fear of loosing their invested money, the ones who are not having money to invest are investing their time by becoming a bounty campaign participant and fear of getting scammed by the project team or not getting paid for their work done and if they get paid then they fear of the price of the token not reaching what was promised to them.

[Fredomago]

Even with a great risk of losing everything when investing in cryptocurrencies, I would never back down since I know risk equal to return. Greater the risk, greater the return so if you want to reduce the fear of losing, choose and research project properly before making an investment.

Always take time to study and research if you are planning to take your part into this market, like what you have said the greater
the risk the better outcome once you successfully select the right coin for your investment.

The fear of losing your hard earning money is still there with me and I know I can't ever remove it or become a fearless, reckless guy. So I try to make all my lost as a lesson to strive for better as myself over trade and invest in crypto. To gradually make it become my tool and never regret about not involving crypto.

No one in the right mindset that will not fear of losing their hard earned money, this is inside yourself as you wanted to protect yourself of losing
your investment.

[The cure]

It's very frustrating if your hard earned money will turn into nothing, but always keep in mind that in this world if you don't try to do something new to you then you won't not learn into something strange that will help you progress in the future. All I can advise to you is be more wise and do your research before entering or letting your money into cryptocurrency.

[daniahya]

of course to learn how cryptocurrency price movements don't really need a very long time, just need to see from the chart created from the previous price movements I think it will find a vision that you can know a little about and to be safer better enter into cryptocurrency that has the potential and do not enter into cryptocurrency that does not have a trading volume.

true, if the volume is low for sure the coin will be difficult to rise again when the price has decreased, I've experienced it several times, even had to wait a long time, for that, it's safer to choose a coin that has a large volume and has the potential to rise in the future, so you can make a lot of profit

[noselfdub]

In new crypto project with bounty and airdrop, i'm fear that they will turn out scam and do not pay token. In new crypto traded on exchange im fear to invest in it because they often have flash dump and it may drop over 100% value after a flash dump.

[WSDN]

The fear of losing your hard earning money.

Everyone is having this fear in their mind, the ones who are investing their money to buy cryptocurrencies have the fear of loosing their invested money, the ones who are not having money to invest are investing their time by becoming a bounty campaign participant and fear of getting scammed by the project team or not getting paid for their work done and if they get paid then they fear of the price of the token not reaching what was promised to them.

Everyone has their own fear of joining crypto, but most people are afraid of losing money or waiting too long. I am like everyone else because I am not a patient person in this market, so any investment I set a price to sell to ensure the best profit. However, the market does not always follow me because if the market suddenly drops, I can easily panic sell, and until now I have not overcome this.

[WalkerIVIV]

In new crypto project with bounty and airdrop, i'm fear that they will turn out scam and do not pay token. In new crypto traded on exchange im fear to invest in it because they often have flash dump and it may drop over 100% value after a flash dump.

They have been controlling their total supply and then when there was a lot of orders and they will be dumping it. As long as it has been creating by reputable team and it will never happen as the team is focusing to make the platform will be even bigger from time to the time.

[perfect999]

In the past years in this cryptocurrency project many of has experienced had I know especially me because of some cryptocurrency project I missed to participate because of fear and doubt, as a person if you begin to look at the risk and what you have lost in the digital world you Will never get yourself involve in new crypto currency forgetting that life itself is a risk. What then is your fear in crypto?

I could barely understand what you are trying to say here my friend. But, let me tell you something risk is involved in everything.
If you are driving a motorcycle, risk is involved. If you are walking on the road, risk is involved. Or if you are just going outside your home in this pandemic, risk is involved.

You take risks all the time so why not do the same with the crypto market? Just jump in and enjoy the ride. My biggest fear in cryptocurrency is losing my portfolio due to investment in a shitty project or coin. I keep my fear in check by researching about various project and carrying out background checks in order to verify the legitimacy and to decide whether I should invest or not.

[Republikcoin.com]

there is much to fear about the new crypto currency a lot of accuracy that must be done if you are not careful then the risk of loss will be greater
I always see from updates and volumes in each market if looks good can invest in altcoin it

yes, we will not know whether the token will really develop or not. however, so many things are worried about new tokens, so we need to pay attention to every development that occurs in each of its social media. a lot of new tokens are turning into scams now, and I hope that will decrease

[mace15]

It's very frustrating if your hard earned money will turn into nothing, but always keep in mind that in this world if you don't try to do something new to you then you won't not learn into something strange that will help you progress in the future. All I can advise to you is be more wise and do your research before entering or letting your money into cryptocurrency.

This is what we can do is to search a project first prior to join though we cannot stop a lot of scam spreading in this industry. The fear I have in crypto is losing much money no value at all to the coins I have hold. Everything has risks if we do not try we will not learn anything.

[TastyChillySauce00]

It's very frustrating if your hard earned money will turn into nothing, but always keep in mind that in this world if you don't try to do something new to you then you won't not learn into something strange that will help you progress in the future. All I can advise to you is be more wise and do your research before entering or letting your money into cryptocurrency.

This is what we can do is to search a project first prior to join though we cannot stop a lot of scam spreading in this industry. The fear I have in crypto is losing much money no value at all to the coins I have hold. Everything has risks if we do not try we will not learn anything.

As long as you were choosing the right coin and that will never happen. I know you feel when your coin worth zero value but this can be prevented when we are investing in the legit coins. There was a lot of legit coins outta here. I think you know about this too.

[Henrytrust]

It's actually very difficult to find someone who invest time or resources into this space and hasn't made any loss. The space is actually for those who are dogged and resilient on their quest for success. I've believed in several projects in the past and invested or held their tokens even when I had the opportunity to sell out, but the tokens dumped on me. It feels really bad having to go through the same hurdles over and over again.

Several of the events I've been scared of, end up happening and I'm still here. If it doesn't kill you, it makes you stronger.

[Untomabur]

In new crypto project with bounty and airdrop, i'm fear that they will turn out scam and do not pay token. In new crypto traded on exchange im fear to invest in it because they often have flash dump and it may drop over 100% value after a flash dump.

I have seen such a project lately. That's Dogdata, they completed IEO at Bitforex and traded at IEO price for a few days. But right after that the price dropped 100 times in just a few hours, obviously that project sold the token and caused the price to collapse so much. Be careful when investing in new projects at the present time, there are too many risks for us

Did you buy IEO Dogdata on Bitforex? it can be learning, because the exchange that guarantees IEO can be good is Binance or Huobi, and also Bitfinex,
besides that, you already know what will happen

[InwardContour]

It's actually very difficult to find someone who invest time or resources into this space and hasn't made any loss. The space is actually for those who are dogged and resilient on their quest for success. I've believed in several projects in the past and invested or held their tokens even when I had the opportunity to sell out, but the tokens dumped on me. It feels really bad having to go through the same hurdles over and over again.

Several of the events I've been scared of, end up happening and I'm still here. If it doesn't kill you, it makes you stronger.

I like your last line, that's the mindset of a core investor. However, any crypto investment ( which involves risk taking) should be well calculated and proper risk management applied. But no matter how careful we are sometimes, the market goes south and affect our investment negatively. My greatest fear in crypto is getting hacked in centralized exchanges with no refund policy, this hit me hard on cryptopia wayback.

[wildflower18]

The risk exists for a reason to make us need to be careful and fearful of our investment. If I have to look back on all my missed chance to invest because worry too much on the risk, well I wish that I could be more boldly.

Granted we worry much from our failures in the past and there’s a future awaits in crypto. Without taking risks we will not know what's the future hold. That's right this risks in crypto could make us learn to be careful and also to learn new things. We have fear and doubts and that's normal.

[BayAngelo]

Personally, i am optimistic in every investment i did but crypto has taught me so much lesson. i must understand the project i am investing in and there is no guarantee that the project will be profitable. you might loose your funds at the very end and any mistake could be costly. either you jump in to avoid FOMO and get burned OR you jump in thinking you bought the deep and it keeps going down.

[sayulita]

I think any exchange thats not responsible for their own mistake should be abandoned, there are so many exchanges out there that could be responsible for their mistake unlike cryptopia and definitely deserve us as their users. same thing to new cryptos that usually just abandon their supporter after fundraising end, they should receive some kind of punishment.

Many exchanges are always there for the users, in case of an Exchange hack too most of the exchanges restore the funds of the users from the pool of the exchange bitcoins and still run profitably in the long term and some of the exchanges just take the hack as an excuse and shut their doors completely taking away the users funds with them.
The only punishment that they can get is that the old users would withdraw their funds and go to another exchange, there should be something harsh than this, maybe downgrading their ranking on the exchange ranking websites or something else so that the exchanges would start thinking about their security more seriously than they are currently doing.

[ife2020]

The risk exists for a reason to make us need to be careful and fearful of our investment. If I have to look back on all my missed chance to invest because worry too much on the risk, well I wish that I could be more boldly.

The risk and fears truly exist, but it is not in existence for you to be fearful to invest, instead the risks are there for you to sit up, and be able to do your own research, study trade charts, master a working structure that works for you, so that you will overcome the fear ultimately. Any investment you use your funds for in crypto currency and you are fearful; then it is safe to say you have literally gambled. As a crypto currency investor, you must be able to see into what the future hodls in price and value for a particular project you are looking after.

[alisonwonder]

The risk exists for a reason to make us need to be careful and fearful of our investment. If I have to look back on all my missed chance to invest because worry too much on the risk, well I wish that I could be more boldly.

If you dare to invest because you have done research and research, then you are very extraordinary, but if you dare to invest without doing anything it is very silly, because a person's courage is always based on recommendations and knowledge that he knows.

I think it doesn't hurt if you use daily money it's just that you have to be able to manage money to invest in cryptocurrency and money to survive because if you use all your daily money then you will lose money when prices fall and you will lose, so stay calm and do a good step to enjoy the results of your investment and efforts.

[josgandosbro]

I have seen such a project lately. That's Dogdata, they completed IEO at Bitforex and traded at IEO price for a few days. But right after that the price dropped 100 times in just a few hours, obviously that project sold the token and caused the price to collapse so much. Be careful when investing in new projects at the present time, there are too many risks for us

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from the beginning I was suspicious of this project because they were planning to make 2 tokens, after ETHBN dump, they now make BONE tokens and if you want to swap then everyone must have enough ETHBN because the 4000: 1 ratio