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Author Topic: Whats your fears in new cryptocurrency?  (Read 3588 times)
harapan
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July 29, 2020, 03:51:24 PM
 #61

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.
in addition to exchanging money on popular ones, maybe the money they get is used for vacations or buying new goods so that funds for development run out and eventually the project becomes dead

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July 29, 2020, 04:26:04 PM
 #62

In my opinion, first of all, everything depends on the development team. As they plan, this will be the further development of events. An example is the Cartesi project, which is listed on the binance rating exchange.Besides, they partially unlock tokens so that there is no massive drain of coins on the exchange.In addition, in recent years, the coin has risen by almost 40% in price. it means not only the project is promising, but the team's actions are correct.

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July 29, 2020, 04:37:32 PM
 #63

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.
in addition to exchanging money on popular ones, maybe the money they get is used for vacations or buying new goods so that funds for development run out and eventually the project becomes dead
New coins must also be distinguished, not all new coins experience dumps, many new coins now rise quickly,
like ONE in binance, indeed the exchange also affects a new coin

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July 29, 2020, 04:50:25 PM
 #64

In crypto world anything happen,here is always a risk involve.I study about the project I have decided to invest but project can be scam or after coin listing price will be low.Its a initial headache of me.But my biggest fear is some projects create so much hype and they collect lot of money.But they never list on any exchange.If new project list on exchange,then there is a chance you can get back your money but if it is not listed or give any news then its a hell of a depressing.So I fear most that they will not list their coin in exchanges.
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July 29, 2020, 05:01:28 PM
 #65

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

feeling worried because of fear of losing money that has been invested in several new projects will be a major factor felt by all investors in this industry. the number of fraudulent projects that provide a sweet promise to investors can certainly be a consideration for people who want to invest in it, so that it can cause a sense of doubt. but there are some people who have the courage to invest in new projects and of course in the end before the ICO ends fear will surely come to them because it becomes a determination of the related project will succeed or vice versa

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July 29, 2020, 06:43:22 PM
 #66

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?

There are just lots of risk lingering by investing in new cryptocurrency nowadays, especially for the newbies or inexperienced ones in the space.  One of the major reasons being that, many of these new projects are more of a scam than truth.  Some people will just crate some fake coins/tokens, gather some dollars from innocent ones and run away.  This has negatively affected the good image of crypto space from new investors.
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July 29, 2020, 06:45:42 PM
 #67

The biggest crypto fear is scam projects, after ICO scam was over scammers took over IEO projects, I believe the easiest way of avoiding scam projects is going for projects from top exchanges like Okex or binance
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July 29, 2020, 09:26:26 PM
 #68

What then is your fear in crypto?

My greatest fear in crypto is getting hacked or losing my private key or mnemonic phrase, hence losing my assets. Fear of losing funds to investment is normal, since it encourages you to do more research before investing.

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July 29, 2020, 09:39:42 PM
 #69

My always fears in new Cryptocurrency projects is scam as some projects are there to scam innocent investors. No one can predict how sincer some team are because of previous encounters. I have witnessed alot of damages from new projects and team will list and dump instantly on investors.
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July 29, 2020, 09:56:01 PM
 #70

 The crypto world is full of ups and downs,  my fear is not losing all my capital investing in one unsuccessful  project . i have already lost much in the past , and even during this trending DeFi i have invested and lost some money in some of them . i noticed that the one i am afraid to enter is the one that makes people rich . 

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July 29, 2020, 10:00:28 PM
 #71

Well , 1st would be the lack of development. The 2nd would be that the team won't fully disclose the team behind the project as this could affect their trust in the long term run. Lack of at least 1 medium exchange would badly affect the project as this will not attract new investors so yea this is why I don't like new cryptos as we already have the bests ones out.

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July 29, 2020, 10:04:52 PM
 #72

investing with an ICO project or with cryptoqurrency always has its own risks, there is no such thing as investing always in your favor, of course there are times when you experience a loss or profit. for me fear in the crypto industry especially when I wrongly invested my money with a dead project, the product did not develop and mostly came from new projects.

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July 29, 2020, 10:09:11 PM
 #73

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?

why people fears, because the don't want to take the risk, people only think about the profit
but a smart investors will always manage the risk properly,
for me, if we want to be a good investors we should learn about how to manage the risk
and do not invest in any project if you don't have any reasonable reason my friend

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July 29, 2020, 10:21:28 PM
 #74


My greatest fear in crypto is getting hacked or losing my private key or mnemonic phrase, hence losing my assets. Fear of losing funds to investment is normal, since it encourages you to do more research before investing.

Learned more especially with your securities it's the best way to avoid being hacked, also learned how
to protect yourself  from scammers keep being
updated with every news around.


The crypto world is full of ups and downs,  my fear is not losing all my capital investing in one unsuccessful  project . i have already lost much in the past , and even during this trending DeFi i have invested and lost some money in some of them . i noticed that the one i am afraid to enter is the one that makes people rich . 

Experienced will allow you to pick the right project though you missed those opportunities but time
will come and you'll be able to catch up with the right team that will gives you good outcome, who
knows getting rich are reserve for you.

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ololajulo
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July 29, 2020, 10:27:27 PM
 #75

My fear after the bear market is never be in the state I was in the last bear market; holding so many altcoin into the bear and selling at a massive loss at the price dip. Strategy is to sell at the peak of the market and buy at the low of the market. Another fear is to hold a scam coin, coins that may never get on exchange, delist from exchange and hack on the proect

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Bonwin
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July 29, 2020, 10:36:53 PM
 #76

My fear after the bear market is never be in the state I was in the last bear market; holding so many altcoin into the bear and selling at a massive loss at the price dip. Strategy is to sell at the peak of the market and buy at the low of the market. Another fear is to hold a scam coin, coins that may never get on exchange, delist from exchange and hack on the proect

I think the highest fear of all, which i have also experienced is to keep in coin in my wallet for years without being able to trade it against a value. I have had one of such in the past and an abandoned wallet for that matter. Most of the coins had in them, although were airdrop. I only bought few, mainly on DEX, te then folkdelta. The history of those coins today cannot be traced.
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July 29, 2020, 11:34:35 PM
 #77

My fear after the bear market is never be in the state I was in the last bear market; holding so many altcoin into the bear and selling at a massive loss at the price dip. Strategy is to sell at the peak of the market and buy at the low of the market. Another fear is to hold a scam coin, coins that may never get on exchange, delist from exchange and hack on the proect

I think the highest fear of all, which i have also experienced is to keep in coin in my wallet for years without being able to trade it against a value. I have had one of such in the past and an abandoned wallet for that matter. Most of the coins had in them, although were airdrop. I only bought few, mainly on DEX, te then folkdelta. The history of those coins today cannot be traced.
It looked like all of your coins have died. I have the same experience as you too, I have been getting trapped last year when there were so many the scam icos and I have bought some scam coins. The scam project is something that makes everyone fear to invest in Rico.

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July 30, 2020, 01:44:40 AM
 #78

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:)

Yes, in the crypto world we cannot carelessly invest in new projects, it needs to be more thorough and more careful so as not to get caught up in a scam project which results in losses for investors. What often happens is that it is for novice investors but it is also possible that seniors can also be fooled
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July 30, 2020, 05:00:36 AM
 #79

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?

There are several factors that I am currently looking on regarding the promotion of new projects and cryptocurrencies.

1. Full transparency (project updates, activities, transactions through the blockchain, etc.)
2. Team members with real and verified LinkedIn accounts
3. Legitimacy of their partnership claims
4. Frequent social media activity (especially videos coming from CEO and other team members facing the camera)
5. Marketing budget in fiat, BTC or ETH (not their own coins or tokens)

One concern that I want to address these new projects are having too much giveaways. I know one project that is doing that, and it results for their token to severely dump in the exchange. And also, I have a little concern regarding social media promotion. There are some bounty hunters who are promoting the projects in their Facebook timeline and ended up without reactions or engagements, which seems useless traffic. I'm suggesting that these bounty programs must enhance their pre-qualifying measures for the participants to join.   

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July 30, 2020, 05:36:14 AM
 #80

Every job in life has risks and you have to work with the risk potential. Maybe for fear of this risk you may lose a job that could change your life. So I think it's better to invest in what you see and hear without worrying about your risk. Best wishes for cryptrocurrency.

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