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Author Topic: Time to call the people into crypto  (Read 4814 times)
Midas111
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August 23, 2020, 07:55:05 PM
 #41

The world is into technological advancement with high and intelligent development of digital platforms purposely to help and make human life into a convenient world.

Today, DeFi catch the mind, heart, or possible even the pocket of interested persons to grab the opportunities to invest. DeFi or known as Decentralized Finance will change the world perspective with regards to Financial matters which every household own some money and do transactions.
It has been time to call people into crypto world for over 10 years now, it has been always time to call people into crypto, why haven't you so far? There is really no way that people wouldn't like bitcoin or any other crypto if you called them early on and would still ask for it if there was earlier possibility.

Like let's say you called someone into crypto 5 years ago, they would wish to be here even earlier, I have been around for 7-8 years and I still wish I was around for over that amount, I didn't know the times when it was under 30 dollars or so, I wish I was around back in those days, like the days when you can mine crypto from your own computer and would mine a decent amount. In any case these defi things are the least things you could ask for, crpto itself has always been awesome.
that is not true at all. 5 years ago paycoin, maidsafe and other totally dead cryptos were big. 3 years ago it was dash and zec that totally died. now its chainlink and xrp that will die. never tell people to invest in crypto unless you are showing them how to get better retrns via stablecoin yields and even then tell them clearly these are unproven and have a chance to go to 0

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August 23, 2020, 11:39:05 PM
 #42

Some of the defi projects surely outperformed top coins in terms of fast growth and it seems the hype of defi is surely profitable right now, but you certainly need a proper research or fundamental analysis on which defi projects you should choose, because not all of them are promising. For me some people who would try investing should choose some of the defi projects but also they need to consider it's volatility.
What do you mean by fundamental analysis, learning about their funds and how they are storing, it would be great if you could explain it to me so that everyone could understand. There are many projects coming out but i am yet to fully understand the aspects of this hype entirely other than these projects are collecting huge funds and storing as collateral and hence we saw the entire market moving up.

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August 24, 2020, 04:18:55 AM
 #43

I think people are already aware of crypto, it's just that they know very little about it. they only see what other people see, and don't find out for themselves. Personally, I will only explain this to people who are interested. Well, some of the people I saw invited others, got blamed for getting lost.
So you are saying that the people who invite others in cryptocurrencies and if the new comers fail to make money or looses money then they blame the one who invited them to cryptocurrencies?? I have invited a lot of my friends and many of them have also lost some money by their poor investments and none of them blamed me for their losses, at least not publically and most of them thanked me for telling them about this new investment world. I guess this is not the time to call others and ask them to invest, but you should make a habbit of telling the interested people about cryptocurrencies.

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August 24, 2020, 04:36:10 AM
 #44

I think people are already aware of crypto, it's just that they know very little about it. they only see what other people see, and don't find out for themselves. Personally, I will only explain this to people who are interested. Well, some of the people I saw invited others, got blamed for getting lost.
So you are saying that the people who invite others in cryptocurrencies and if the new comers fail to make money or looses money then they blame the one who invited them to cryptocurrencies?? I have invited a lot of my friends and many of them have also lost some money by their poor investments and none of them blamed me for their losses, at least not publically and most of them thanked me for telling them about this new investment world. I guess this is not the time to call others and ask them to invest, but you should make a habbit of telling the interested people about cryptocurrencies.

here is an error. you invited them to crypto, they lost money and you blame them for poor investments. you have to understand that many of the coins are just outright fraud or have structural problems that can not be fixed. they didnt make poor investments, you told them to buy crypto, where near 100% of coins have sufferred major crashes and many are outright theft. you were the one with poor judgement, your friends trusted you and lost

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August 24, 2020, 04:54:29 AM
 #45

If you look at the price of cryptocurrencies that are not affected by COVID-19, and now some coins seem to have gone up in price,
the right time to invite people to invest in cryptocurrency. Moreover, the stocks market is in decline, so moving assets into crypto is
the right decision. Regarding DeFi projects this year are indeed profitable, but still be careful if we want to invest in DeFi projects.
Because the increase in DeFi projects was due to hype, so it is likely that the price could suddenly drop. It is safer to invest in top
cryptocurrencies.

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August 24, 2020, 05:21:37 AM
 #46

If you look at the price of cryptocurrencies that are not affected by COVID-19, and now some coins seem to have gone up in price,
That's pretty interesting to know that there are coins that are affected and not affected by the virus . What I thought is that all are not immune to this virus  But you could be right because we are online here on crypto , being online gives a layer of protection and theres also huge number of cryptos .

the increase in DeFi projects was due to hype, so it is likely that the price could suddenly drop. It is safer to invest in top cryptocurrencies.
All coins can increase and drop because of hype so what's the difference ? Now old coins are temporary out of hype for a while and this time it's defi that is on the loose but I agree on the second part of your sentence ,

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August 24, 2020, 10:33:02 AM
 #47

The world is into technological advancement with high and intelligent development of digital platforms purposely to help and make human life into a convenient world.

Today, DeFi catch the mind, heart, or possible even the pocket of interested persons to grab the opportunities to invest. DeFi or known as Decentralized Finance will change the world perspective with regards to Financial matters which every household own some money and do transactions.

Do you think now is the right time to call the people into crypto world?

There's no need to call people in crypto world, they will come once they see an opportunity.

DeFi is definitely booming this year, but it's not enough to see a bull run yet, probably it will take more time then we will see this market will attract more investors who would just like to play with the FOMO. Mark my words, I'm saying that based on my experience, and my experience tells me that you can't trust the market which is so bullish and so bearish, as probably there's some manipulation going on.

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August 24, 2020, 10:50:45 AM
 #48

I have read many thread about defi , many plus or minus his but to take people to join in crypto i was not very sure , because crypto very is at risk i think , sometimes with you wanting friends or kindred to join crypto can bring a profit or disaster in a relationship

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August 24, 2020, 11:01:17 AM
 #49

The world is into technological advancement with high and intelligent development of digital platforms purposely to help and make human life into a convenient world.

Today, DeFi catch the mind, heart, or possible even the pocket of interested persons to grab the opportunities to invest. DeFi or known as Decentralized Finance will change the world perspective with regards to Financial matters which every household own some money and do transactions.

Do you think now is the right time to call the people into crypto world?

it's a self decision if they don't like it they won't invested even how you tell them the good thing of investing in crypto currency and how this things will help  them to have an easily life and convenient  as you said. Let them realised the real value of crypto currency one day when they see the potential by their own they will surely invested.  for the defi project it is just a hype right now and I don't think it's a good way to always follow the trend since it will also ended sooner or later so forme not a good suggestion to invest in that kind of project.

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August 24, 2020, 11:17:51 AM
 #50

You are right this is the time to call ever one to invest in the crypto platform as at the moment every project is in range and with time being the majority of coins/tokens/project will grow huge and then the earlier will be in great benefits. DEFI will change the crypto market.

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August 24, 2020, 11:18:55 AM
 #51



Do you think now is the right time to call the people into crypto world?
This community had been looking for people to enter this market since Day 1 of Bitcointalk.org and until now new crypto users like me are still seeking for other people to learn and invest in this market for their own convenience and advantage,Not even before this DEFI thing comes out to make some Pump but i don't know if will last for How long.



what i was saying here is if you are really a crypto user and supporting this market then there is nothing to ask such newbie question just because the Decentralized Financial is now Up for popularization,remember that no matter what happen there are million people that is supporting this community now and billions of dollars are inside this market.

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HEX: Longer pays better


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August 24, 2020, 11:22:52 AM
 #52

Now indeed the crypto world is experiencing an increase starting from the value of bitcoin and altcoin has started to increase and new projects are increasing, especially with the absence of deFi then this is very helpful to crypto users, and I am sure that now crypto users are back on the rise and they are back in the hunt for bounty projects.


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AmoreJaz
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August 24, 2020, 11:29:59 AM
 #53

i don't believe there is right time or wrong time to get people involved in crypto. in my opinion, it is better to let them join the crypto community according to their willingness. because if you will oblige someone, you will be blamed if something goes wrong or it is not what they expected it to be. if they ask assistance, gladly help but dont ever force them to learn or invest in crypto.

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..SPORTSBOOK..
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bayudndy
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August 24, 2020, 11:42:52 AM
 #54

Defi is like ICO, if you find a good project I believe you will get a lot of profit with it. But if you encounter a scam project I believe you will lose all your invested money. Like the Defi YAM project, its price dropped 99% in just the first day
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August 24, 2020, 11:45:54 AM
 #55

I have read many thread about defi , many plus or minus his but to take people to join in crypto i was not very sure , because crypto very is at risk i think , sometimes with you wanting friends or kindred to join crypto can bring a profit or disaster in a relationship
Yes, and it's better not to immediately invite our friends or relatives to join crypto, considering that the crypto world is full of risks, only those of us who already know about crypto must remain in crypto even though we already know what the risks are in crypto, so that friends or our relatives will ask themselves with the sincere intention of being taught crypto to him.


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HEX: Longer pays better


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August 24, 2020, 11:46:28 AM
 #56

I have read many thread about defi , many plus or minus his but to take people to join in crypto i was not very sure , because crypto very is at risk i think , sometimes with you wanting friends or kindred to join crypto can bring a profit or disaster in a relationship
It's like when someone has already created a thread about that and he said that he was getting fooled by his friend to invest into the crap crypto and he has been getting a very big loss from his friend's suggestion. Just try to tell them to learn before try to join is much better.


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August 24, 2020, 12:15:12 PM
 #57

i don't believe there is right time or wrong time to get people involved in crypto. in my opinion, it is better to let them join the crypto community according to their willingness. because if you will oblige someone, you will be blamed if something goes wrong or it is not what they expected it to be. if they ask assistance, gladly help but dont ever force them to learn or invest in crypto.
As you said, if they lose money in this market I believe they will blame you because you force them to enter this market. Better to let them learn and invest their own way, we can't control everyone's mind.
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Base protocol


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August 24, 2020, 12:18:24 PM
 #58

I could sense fear among some traders around DEFI, the fear that the hype may soon end and see massive dump.IMO There is still more accumulation of DEFI project than sell off although some projects dont have the community support that some have. For most new members, profit in this space at 100x still look quite unbelievable that the reason they leave early in most project they buy into. The money in DEFI still look insignificant to the multi trillion dollar market we expect so lets sit up for the ride


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August 24, 2020, 12:49:08 PM
 #59

i don't believe there is the right time or wrong time to get people involved in crypto. in my opinion, it is better to let them join the crypto community according to their willingness. because if you will oblige someone, you will be blamed if something goes wrong or it is not what they expected it to be. if they ask assistance, gladly help but don't ever force them to learn or invest in crypto.
As you said, if they lose money in this market I believe they will blame you because you force them to enter this market. Better to let them learn and invest their own way, we can't control everyone's mind.
That's would be the genuine advice because if you invite people to do invest in crypto and unfortunately if they not succeeded or lose their capital then they could blame you whole life for their losses.   Therefore it is better to let them come by themselves.

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August 24, 2020, 06:03:03 PM
 #60

Cryptocurrencies are becoming more and more popular every day, and therefore people by themselves see this and understand that they need to study this area at least a little, because perhaps in the future the whole world will have to use cryptocurrencies.

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