Whats your fears in new cryptocurrency?

[Akash Crypto]

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?

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[Sanugarid]

I admire the creation of alternative cryptocurrencies although the competition now in the market is high, I admire those people/team who still want to enter the market and make a new name. But what I feared the most for new crypto project is when they are a scam, although we can know if the project is a scam or not but the level of scam these days are high, they are deceiving for normal crypto people like us, and more deceiving for beginners. For the past 2 years, I've never see a project that became trending or highly speculated, there was the Facebook's Libra but now I don't know if they are still going for the crypto market, perhaps they are just waiting for a perfect timing. This is also bounty hunting these days are hard, you cannot know what project is good or not.

[timmmers]

The only problem what could happen is that the token will die due to team's inactivity, nothing else. But the question is for how long we will accept this behavior from the ICO teams? It shouldn't be so easy to leave the not developed project without refunding investors. 

[irixo10]

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?

My only fear in crypto is the team behind the project. You see, the direction a project will take and the shape it will assume depends on the team and this is also the big reason why I highly prefer already built projects to new ones. In addition, it is good to take risks but deadly to take blind and uncalculated risks which is also the reason most investors invest in a project and once listed they dump everything and then watch the project team and how they will react, thus knowing if it is to buy again or move on. Remember most projects today only pumped at the early days of listing and that's all, so knowing the type of risks to take matters a lot.

[livingfree]

If that's the case, he is a weak hand.

He shouldn't let himself involve in cryptocurrencies because he'll always be disappointed and only think of the possible losses that he will make in the long run. But, if he's aware of the risk and he's still remaining and believes with his choices, he deserves to be here.

My fear is that there's still an increasing number of useless cryptos being added.

[Kang TB]

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 will fear and will not invest to a new project when i feel the project look scammy mate
and of course i will not drop my money to invest in a new cryptocurrency if i don't know anything about the project my friend
wich mean i will do my own research to the project
 

[pedpedped101]

I have my fear as a bounty hunter and the investor of a project. First, i would not want to see myself invest in a project by buying at ATH and never see the price again, but lower price than the rate i bought it. Irrespective of how long one waits, it never comes back to the original and initially price, except at power price. While as a bounty hunter, i am afraid of working for a project whose coin will never have value and exit scam and not pay for the work done.

[nikki4]

When you have something to lose, you will have fear. For scam projects, you don't want to lose your time. I don't get anything, so now I have a fear of not losing my time. I don't want to waste my time like the Bcnex exchange project. My fear is not to join fake or scam projects.

[doctor877]

whats important is to have more wins than loss in any investment. thats why one needs to learn and keep learning as much as you can. but never let your previous losses make you miss out on incoming opportunity. an opportunity missed is more worst than any losses.

[Jawhead999]

whats important is to have more wins than loss in any investment.

That's should be a trading definition than investment, even both of them always looking for profit (win > lose). A trader will always check their portfolio per day regularly, while an investor doesn't care it's loss or profit on a single day... because they're looking for long term investment.

[Rengga Jati]

Actually, the risk is everywhere and it is something unavoided. But for me, the biggest fear is the safety of my crypto assets once I put it on an exchange. Sometimes, I am quite worried that someone hacks my exchange account and steals my crypto coins. Even if I have done everything properly, but as long as it is connected with the network (internet), I assume there is always a chance for hackers to steal it. However, well, it is a risk that we must accept to work in the digital world like be a trader or investors of crypto coins.

[SlimShadyMmp]

My biggest fear is keeping up with the whole Crypto news, events and market. Trading is really hard and near impossible to know the market directions using graphs Any good news small or big can get market crazy and make you FOMO and that same for bad news I mean sometime it just makes you bite yourself for missing out and then you are mad for getting in..Just too many questions to ask yourself

[Savemore]

Actually, the risk is everywhere and it is something unavoided. But for me, the biggest fear is the safety of my crypto assets once I put it on an exchange. Sometimes, I am quite worried that someone hacks my exchange account and steals my crypto coins. Even if I have done everything properly, but as long as it is connected with the network (internet), I assume there is always a chance for hackers to steal it. However, well, it is a risk that we must accept to work in the digital world like be a trader or investors of crypto coins.

If you keep worrying on exchange it is better if you will only deposit in exchange that is reliable and trusted for you to remove your anxiety about it. When it comes to trading, I keep avoiding cryptocurrency that is recently listed because most of them are keep dumping and that is why I only buy old tokens like ETH, XRP and LTC.

[maxreish]

You mean, scam projects? In everything that we decided to do, there's a risk associated. If we don't take the risks and be a coward forever, how can we possibly achieved our goals?
Previous lame projects make today's crypto projects become more careful and meaningful to create. We all had a bad experienced before with those projects but that doesn't necessarily mean that all of them are crap. Just choose wisely, be vigilant and do some good observations.

[judeafante]

Number one fear is dev running from the project this is the worst of all second fear is the number failed to get in the market and they are being traded in a low-class exchange with no liquidity and volume at all and my third fear is when the project is not updating the platform and the developers are not active anymore in any of their social media account.

[inanilujimi]

fear is important so that we are more careful in carrying out anything, especially in crypto, don't let fear stop a step forward, there will be gems behind the reef, if we can't break through the barrier then we will never be able to get results that maximum.

[uneng]

1- Scammers developers: that is the main issue with new currencies. Nothing worse than investing in a project which is discontinued any time by the team behind it. Then promoters and enthusiasts lose money and reputation towards crypto community while developers vanish.

2- Low adoption: sometimes the developer team is very present and attentive, but the currency still needs adoption and support from crypto enthusiasts to achieve success, otherwise it will be a failure anyway.

3- Worthless features: the second point may be just a consequence of this one. As the currency doesn't offer any exciting new feature, investors won't dive in, so it's also a big fear when investing. You must ask yourself how useful this currency will be for its users. If you can't think about any good point, forget about investing on it.

Those are the three most feared points investors have in mind when investing in altcoins.

[tippytoes]

1- Scammers developers: that is the main issue with new currencies. Nothing worse than investing in a project which is discontinued any time by the team behind it. Then promoters and enthusiasts lose money and reputation towards crypto community while developers vanish.

2- Low adoption: sometimes the developer team is very present and attentive, but the currency still needs adoption and support from crypto enthusiasts to achieve success, otherwise it will be a failure anyway.

3- Worthless features: the second point may be just a consequence of this one. As the currency doesn't offer any exciting new feature, investors won't dive in, so it's also a big fear when investing. You must ask yourself how useful this currency will be for its users. If you can't think about any good point, forget about investing on it.

Those are the three most feared points investors have in mind when investing in altcoins.

With those mentioned pointers, those are the reasons why sticking with bitcoin and top popular alts is better than investing in new coins. For instance, if you are holding bitcoin, you very well know that it will not disappear in the market but with those new ones, you have no assurance if they can keep their market or not. In terms of adoption, obviously, bitcoin is leading the pack. There are more merchants accepting bitcoin as compared to other secondary alts like eth, xrp or bcash.

[shoreno]

 you did mention life is a risk at the end of your post then why your still afraid to take risk ?

 dont you know that there are great projects too along those newer ones  . you will regret not joining them  but who wouldnt be ? even me i also feel regret especially seeing good comments about those hunters that joined a profitable campaign recently  because we all here wants to earn and big earnings are always better than small  . we should be fearless starting now

[Vitalicus]

whats important is to have more wins than loss in any investment. thats why one needs to learn and keep learning as much as you can. but never let your previous losses make you miss out on incoming opportunity. an opportunity missed is more worst than any losses.

It is inevitable that you invest in this market and you need to have a reasonable investment strategy to minimize risks. Everyone has their own fears, but if you do nothing, you will not be able to make a profit from this market. Almost all investors have a very difficult time when the market can not increase prices well and the bear market overwhelmingly makes the loss of money occur continuously. Now the situation is getting better and this is an opportunity for you to make money back because this year is expected to be a good year.