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Author Topic: Whats your fears in new cryptocurrency?  (Read 3623 times)
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July 27, 2020, 02:17:23 PM
 #41

I have no fear in new coins because I don't pick ICO projects or IEO projects that plan to use small exchanges to raise fund, I'm interested in making quick profits and only IEO from top exchanges can net me that, for example binance

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July 27, 2020, 02:30:26 PM
 #42

The reason why people doubt the new crypto is that many users already know the fear of being scam after long months of working and supporting the project then they only get was nothing. You cannot blame them not to trust them anymore. We should learn the fact that these scammers will always be there and we should need to identify them so that we can avoid them. We’re not just bounty hunters of the project but also we join them in order to support them.

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July 27, 2020, 02:47:55 PM
 #43

As we know that crypto is prone to fraudulent practices, it has often happened by exploiting the popularity of crypto, individuals trying to take this opportunity. My advice is that if you plan to invest in crypto, especially if you want to try investing in a new project, it would be good for you to analyze it before you really regret it later.
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July 27, 2020, 02:49:46 PM
 #44

Scams are sure everyone who plays crypto is afraid of this word getting stuck in the project he is following. ICO era many projects ended Scam, but in the IEO era also can not be denied and avoided Scam is still haunting. However Crypto is still sexy and promising in my opinion

Which is why you should always consider to only support projects that you actually like, actually use and actually believe in. Then you never see yourself as "stuck" with them,,, but just with them for life, for as long as it is successful and you can get value from it. Is that not how all projects work? Crypto or not:)

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July 27, 2020, 02:57:47 PM
 #45

My fear in cryptocurrency is when I get stuck in an alternative coin that doesn't have price movements anymore and when I sell it will make me lose, and another fear is when I can't control my emotions when I have an altcoin that is easily affected by bad news.
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July 27, 2020, 03:29:39 PM
 #46

I really do not have fear in new cryptocurrency because I try to do some research before participating or investing,I know there are a lot of risk associated with crypto but my fear is the rampant hacking of people's wallet,that is why people should do everything possible to secure their wallets.
New cryptocurrency has advantages, is that the increase can be very high,
with a note that the new project already has a name in large exchanges, such as ONE and CTSI

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July 28, 2020, 08:30:22 PM
 #47

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?
It’s the same thing with most people, nobody wants to be scammed. And new coins/projects are usually the ones that can turn out to be scammers if you don’t thread carefully.

Sometimes I just think that it’s best to avoid them and go for the old coins that are already well known and we know for sure that they won’t be leaving the market for any reason, just like Bitcoin that has proven to be strong for years now despite the challenges that it has gotten through. Sometimes new projects can even be lacking enough funds to carry on with their project, and it can lead to them quitting or trying a take a break for some time.
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July 28, 2020, 10:45:47 PM
 #48

I fear, the country I live in may ban all cryptocurrencies. Not sure what will happen then to my assets. Another factor is having regulations and how much we can have from it. Also, have the fear of getting scammed or losing the price of the coin more than 90%.
Having said so, I am also optimistic on assets I am holding and someday price may reach near bitcoin value Smiley

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July 28, 2020, 11:05:14 PM
 #49

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?
Now I want to live my life without fear. Fear always costs you more than your regular situation. Now I don't invest in any new projects, you shouldn't be afraid of listed coins. Even some new projects are also promising, if they are managed by some of the top bounty managers. Actually now my only fear is my own team managing project.
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July 28, 2020, 11:10:08 PM
 #50

Nothing to fear, its a market like others, people should stop investing in every other new coin and be sensible. Devs should work on their coins which they created and give their lifetime to that project. By lifetime i mean dont create coin after every other week and stick to one.
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July 28, 2020, 11:45:46 PM
 #51

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?

What makes me fear in crypto is when I invest in a new project and after several months his team fails to achieve its goals and promises and in the end my investment is shitcoins that have no value and not included in the exchange platforms, As for the bounty work, the fear is that you choose a project that is not good and does not pay you what you deserve in the end.




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July 28, 2020, 11:56:11 PM
 #52

The fears are pretty standard for me since i just started here. New crypto-currencies are harder to verify since they just started, i tend to stick to currencies known to my friends first to be safe.




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Kasabus
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July 28, 2020, 11:59:34 PM
 #53

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?
Now I want to live my life without fear. Fear always costs you more than your regular situation. Now I don't invest in any new projects, you shouldn't be afraid of listed coins. Even some new projects are also promising, if they are managed by some of the top bounty managers. Actually now my only fear is my own team managing project.
Living crypto life with fears will not make us a profitable one. If we keep on entertaining fears in our lives, we will not see the real value of crypto that is already in front of us. Take risks and invest in crypto with the amount we can afford to lose so we will not be much frustrated if in the end our investment fails.
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July 29, 2020, 12:15:18 AM
 #54

The fears are pretty standard for me since i just started here. New crypto-currencies are harder to verify since they just started, i tend to stick to currencies known to my friends first to be safe.
We can’t denied the fact that most scam project are new crypto currency so most of investors have fear of investing to these tokens and because of that many tokens are failing due to lack of investors. My fears in new crypto currency are always there, you can’t guarantee 100% of your analysis will be favor of success of the project. Money and your effort in reviewing will be faded if the project failed or scam.

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July 29, 2020, 12:35:38 AM
 #55

What makes me fear in crypto is when I invest in a new project and after several months his team fails to achieve its goals and promises and in the end my investment is shitcoins that have no value and not included in the exchange platforms, As for the bounty work, the fear is that you choose a project that is not good and does not pay you what you deserve in the end.
This fear will certainly be experienced by investors when investing in new projects, because new projects sometimes make investors believe about their projects and the benefits they will get and they sometimes give promises to enter large markets, that is what they often promise investors , which makes afraid to invest in new projects
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July 29, 2020, 02:00:27 AM
 #56

New crypto coins easily turn scam, that's my biggest fear in this industry but still I know better return of investment is assured if you invested on new altcoins that's why I'm willing to take risks on new altcoins
There was no guarantee for you mate, I know that you were talking about the insurance when you were investing in the new coin but it's depend on what exchange site that will be backed the coin.
If that was a major exchange site and that's true you will always get good ROI

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July 29, 2020, 02:17:33 AM
 #57

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 fear on new Crypto is can the dev keep up with the development of their project, some developers are just abandoning their project after they made money from their projects and because of this investors are losing money, coin is delisted in the exchange and holders cannot liquidate.

BACK FROM A LONG VACATION
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July 29, 2020, 02:28:17 AM
 #58

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 fear on new Crypto is can the dev keep up with the development of their project, some developers are just abandoning their project after they made money from their projects and because of this investors are losing money, coin is delisted in the exchange and holders cannot liquidate.

I agree, I have been into some projects where developers are pretending to have a product in progress with continuous updates. Once the project had some good market volume or demand, without investors knowing the team is slowly dumping their token for their own sake. It's difficult to find a precious gem among new projects now, due to some investors are even reluctant to stay in a project for too long.

But, we must not cross-out the fact that even the top altcoins that are trusted today faced the same circumstances and even accusations before yhey grew this big. Just be cautious of what project to support and when to leave a project, never HODL for too long.
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July 29, 2020, 03:23:41 PM
 #59

New crypto coins easily turn scam, that's my biggest fear in this industry but still I know better return of investment is assured if you invested on new altcoins that's why I'm willing to take risks on new altcoins
There was no guarantee for you mate, I know that you were talking about the insurance when you were investing in the new coin but it's depend on what exchange site that will be backed the coin.
If that was a major exchange site and that's true you will always get good ROI
the reason why new coins always dump quickly is, because most of their holders exchange them for popular coins like bitcoin, or others. it is to be held in the long term. this causes a price reduction in a project and eventually will be left. Well, that is something I fear with new coins.
when the price of a new coin is dumped, the one who is to blame is the developer who does not provide the latest development updates that can provide many uses that use coins or tokens that are developed where it can affect the price of the project being developed.

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July 29, 2020, 03:46:18 PM
 #60

I need a long time to invest in cryptocurrency projects, honestly, I am very doubtful when I want to invest. In a few years, I could only invest in 1 to 2 projects with relief. Because the cryptocurrency project is very vulnerable. But to do bounty or airdrop work, I didn't experience any fear because I didn't spend money on it, I did spend a lot of time and thought but I felt fine.
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