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Author Topic: Whats your fears in new cryptocurrency?  (Read 3588 times)
oscarftw
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July 31, 2020, 06:49:45 PM
Last edit: July 31, 2020, 07:02:58 PM by oscarftw
 #121

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?
After some time I will be OK, but when it happens, I can't control myself. When failed very long time projects like 28-35-40-52 weeks. I can't imagine how a project failed after a long support without a weak team. In cryptocurrency, scam projects are always higher but long term projects are always successful.
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July 31, 2020, 11:01:53 PM
 #122

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?
Fear in crypto? Well I guess my fear in crypto is when the owner or the CEO of the project run without any words together with the investment of many people and it will return to be scam even if the project was quiet good but now I learn from it I'm not going to waste my time on some project that I know just using to hype some and fell that it would be run.

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August 01, 2020, 12:12:52 AM
 #123

In reality, more people are still fear of dangerous transaction that is why many of them are stock in one piece of stake. Actually, they themselves keep their own money instead of investing then at the end of time runs, those accumulated are gone. I think this kind of manner is probably the wrong decision as side effects from a coward

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August 01, 2020, 02:46:04 AM
 #124

Although I know for sure that investing is a risk, but my fear in crypto is actually when I invest in a scam project.
Because it's a trauma that I can't really forget.

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August 01, 2020, 04:05:09 AM
 #125

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
\
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
It looks like the dev was issuing a new token after it has been dumping the old coin. Those who have bought ETHBN has been loosing a lot of money caused by the shady decision that has already taken by the developers. This coin looks so crap

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August 01, 2020, 07:49:12 AM
 #126

I think that the main danger of the cryptocurrency sphere is fraud, because there are too many scammers in this area and these scammers deceive people on an ongoing basis and will deceive people in the future, so I am always afraid of this and I hope there will be much fewer scammers in this area in the near future.
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August 01, 2020, 07:52:46 AM
 #127

I think that the main danger of the cryptocurrency sphere is fraud, because there are too many scammers in this area and these scammers deceive people on an ongoing basis and will deceive people in the future, so I am always afraid of this and I hope there will be much fewer scammers in this area in the near future.
Yes, there are many of the scam, fraud and other in the likes of this activity but it never discourage me to join in cryptocurrency. Those who are new may end up in quitting this kind of ventures but for me I will take another chances on earning. I may have made losses before but pretty sure I learned my lesson and for sure next time it will be a gain if it is not that much at least I made a gain for doing nothing just having some patience waiting for the right time to sell crypto.
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August 01, 2020, 12:52:39 PM
 #128

Although I know for sure that investing is a risk, but my fear in crypto is actually when I invest in a scam project.
Because it's a trauma that I can't really forget.
Well I think most of us have that fear. Of course we want to make sure we invest on the right project but sometimes its inevitable to encounter such despite of the research that we did. The good side is we learn from that mistakes and aware of what to do the next time we look for a new project.

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August 01, 2020, 01:01:06 PM
 #129

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?

Well, for several years stayed here, my fears was already gone away. Because most of the fear I faced here was already done.
So, right now! I am quite aware for what is happening in cryptocurrency whether the market is bullish or not, just what I learned now
is I knew what to do first if there is a bad scenario happening now.
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August 01, 2020, 01:27:58 PM
 #130

That's exactly what I was afraid for. I've been through many ICOs and joined a lot of bounties. I also experience being scammed and cheated but luckily not most of them. That's why we need to have a closer look to the company's goals and objectives. The background of the managements and we also need to remember those developers. We may do advance thinking and trust our instincts. I mean, there's a lot of ICO that you can find. If you doubt and suspect that specific ICO then you can also find another one but that's not always the case. Most of them are startup which needs us to help them their company grow.

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August 01, 2020, 02:06:32 PM
 #131

mistakes and failures in choosing a project I think of course will provide experience for those who are still curious and like the crypto market. but for those who feel cheated, they will soon be out of the crypto market with losses.
The point for people who always try with various efforts is a person who is extraordinary and he will definitely get the results he wants, and if someone comes out of the crypto market just because of being cheated once, then he is a loser who has no sense struggle within himself.
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August 01, 2020, 02:35:12 PM
 #132

Although I know for sure that investing is a risk, but my fear in crypto is actually when I invest in a scam project.
Because it's a trauma that I can't really forget.
you can always forget your bad experiences. Earn new money and continue investing. if you will not do it you will never become rich

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August 01, 2020, 02:56:20 PM
 #133

Although I know for sure that investing is a risk, but my fear in crypto is actually when I invest in a scam project.
Because it's a trauma that I can't really forget.
When someone investing in a scam project and there was no chance to get back their money even a small pennies, this is also the worst thing in the crypto that can happen to the anyone who was not doing their due diligence before trying to invest.

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August 01, 2020, 03:06:19 PM
 #134

I also like you, I am afraid of so many things related to crypto, but when I keep learning more about cryptocurrency my fear is gone, and now I trust 100% with cryptocurrency. My advice to you, yes in crypto you will see profit and loss that's normal, but keep learn about it, patient, confidence, and don't be greedy

Although I know for sure that investing is a risk, but my fear in crypto is actually when I invest in a scam project.
Because it's a trauma that I can't really forget.
Forget the past, keep investing but invest in top coins, and stop betting on new coins

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August 01, 2020, 03:22:33 PM
 #135

 My greatest fear is that one day i might wake up to see my crypto assets becoming worthless , i faced a situation in January 2018 when i bought BTC at 14k$ and since then till now the price has refused to go baack to that ATH of 20k$. since then i have this fear that one day all my  crypto assets may just  lose  value and may not go back to my cost price as such i may lose all my capital.

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August 01, 2020, 03:31:23 PM
 #136

profit and loss will always be there if you invest, so do not be afraid to try it, rather than avoid it better try to manage the risk to a minimum.
correct mistakes that have been made is one way to reduce risk.
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August 01, 2020, 08:02:57 PM
 #137

My fear in crypto is somehow one day, my 3rd world government decides to ban it completely and make it harder for me to sell and buy it. Other than that, I know all the risks when you invest in crypto so I think I just have to be careful when investing.
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August 01, 2020, 08:43:12 PM
 #138

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 anticipate that my fears would be the same as that of other people and that is the nothing but the team. To explain this further I will use Ethereum team as an example, everyone knows the team's focus and efforts towards making Ethereum blockchain the best, that means that, no one will be afraid of investing because the team has made them to trust the blockchain. Now looking at new cryptocurrencies, that focus and efforts in Ethereum team for example is found lacking, nowadays we see a team who do not care for their project, a team who do not care for their investors rather a team who want to enrich themselves and fill their bags in any possible way. So the behaviour of the team of new cryptocurrencies is my fear so far.

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August 01, 2020, 09:45:08 PM
 #139

I have been scammed, phished and lost a lot of amount in crypto assets. Not to talk of tradings going totally bad. All these made me stronger and I have no fear to face off again. However, my only fear everyday I wake is simply seeing all my crypto assets worthless probably because of government ban on cryptocurrency or just the whole crypto industry is a planned super mega scam.

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August 01, 2020, 10:03:11 PM
 #140

My biggest fear is rate at which altcoins pumps up lately the rate is too much and scams are much because of these projects as I don't know which to invest or not lately and I see myself missing lots of projects and it's really giving me serious concern. How I wish there could be a way to detect fake projects to know when the pump will come because investors are playing with such coins by picking them at little and pumps more than 100% .

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