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Author Topic: Time to call the people into crypto  (Read 5568 times)
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October 30, 2020, 11:30:15 PM
 #321

IMO, I think there is no compelling reason to call individuals to join into the cryptocurrency business on the grounds that the cryptocurrency crazed was at that point here because of the pandemic. The majority of the people internationally has remained indoor and keeping in mind that while surfing the internet they discovered information about cryptocurrency. That is the reason the market is pumping these days on the grounds that numerous individuals around the globe are beginning to invest in crypto-related investments especially in the Defi projects.

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October 30, 2020, 11:43:04 PM
 #322

Nooo! I will never call anyone to invest on DeFi projects or new altcoins, the risk are too high and you can end up in trouble, bitcoin is the best coin you can spread news about to crypto newbies, if they later decide to invest altcoins well that's their choice, also it's a must to give up full details to crypto newbies, let them know how risky crypto investment is, I'm sure many will turn away when they hear this lol.
DeFi projects do look terrible because they are used as one that can replace ICOs, just like in 2015-2017 many new ICOs are circulating and DeFi is currently circulating too many and making bitcoin prices go up to be expensive again, hopefully DeFi won't provide bad influence on the price of bitcoin on exchanges.

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November 02, 2020, 06:41:12 PM
 #323

Those people who have known crypto early is very grateful because a lot of opportunities to earn in this industry. We can teach or discuss to other people about what truly this is but you can't call them to invest without proper knowledge. It is not necessary in my view that others will also enter in crypto market since they should understand first how crypto works.

I am more than sure that many people have entered the market in 2017, when Bitcoin was going to the sky. Later, many of them lost money, but managed to stay in the crypto world. Hope, they understand that it is our future. As for the newcomers, there is no need to call for them. They will come with time.

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November 08, 2020, 06:27:44 AM
 #324

Yes it could be a good time. But I personally don't think that if someone who are interested in new innovations are not need any specific time to enter this market. I know many trends like defi and nft going on in the market. But in my opinion it is nothing but a trend and very few of them will hold for long. So I think if we need mass to come to this space we need many more use cases. And many more tech gaints to devlop something which attract more reaches.thats it.

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November 08, 2020, 06:39:07 AM
 #325

It is a great time but I think it is better to just introduce Bitcoin.

A lot of people are not aware of cryptocurrencies but I do think that it will be hard for them to just ride with us without them knowing what could happen if they do that. If they invest and the price went down, they might think that you are scamming them and you made them lose their money, if they just knew how volatile it is in the first place they won't be blaming you.

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November 08, 2020, 10:58:46 AM
 #326

You will be the one that people will hold responsible if they lose money, the true color of your friends will be revealed once they lose money to crypto, they will start calling you names too

If you want people around you to know about crypto tell illustrate for them and let them know the risks that's presently involved in crypto currency, it's certain that there will be losses

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November 08, 2020, 11:15:46 AM
 #327

There are things you need to do to avoid some unnecessary bad results.

1. Let the newbies know that without learning first they will keep losing
2. Let them understand that crypto investment is high risk investment, tell them that volatility is inescapable
3. Let them know that bitcoin is the safest, followed by ethereum, any coin under top 20 are even more risky
4. Do not choose coins for anybody, let them pick themselves

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November 08, 2020, 02:07:59 PM
 #328

This is the dilemma, on the one hand, I want to advise my friends to start studying cryptocurrencies and blockchain technologies, and on the other hand, if they lose their money on this, they will blame me(after all, I gave them this advice). So let everyone go their own way.

if you can be patient then you will succeed in inviting your friends,
I have experienced that too, many of my friends do not want to jump into the crypto world, a
nd only a few people want to join because I always give them knowledge about this, don't give up

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November 09, 2020, 04:17:10 PM
 #329

Yes, defenately. Recently specially in the Pendamic Crypto has shown it's power. It was helpful for living purpose and  also safe. Nowadays, crypto is leading the digital earning policy. Already teenagers are showing interest and crypto is the best and easy option to grow in life.

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November 09, 2020, 04:30:45 PM
 #330

Already teenagers are showing interest and crypto is the best and easy option to grow in life.
Do you know why most of the teenagers are the one who are showing interest in crypto? because they are full of ideas and curiosity about what cryptocurrency is. They are the one who has dreams and ambitions and has the ability to understand things about the internet world and also they are the one who are going into the flow of advancements and continues upgrading of the technology. To be honest in our department at school, most of them are really interested in crypto in which they are just teenagers that are full of ambitions and dreams.

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November 09, 2020, 04:34:48 PM
 #331

Already teenagers are showing interest and crypto is the best and easy option to grow in life.
Do you know why most of the teenagers are the one who are showing interest in crypto? because they are full of ideas and curiosity about what cryptocurrency is. They are the one who has dreams and ambitions and has the ability to understand things about the internet world and also they are the one who are going into the flow of advancements and continues upgrading of the technology. To be honest in our department at school, most of them are really interested in crypto in which they are just teenagers that are full of ambitions and dreams.

Those young minds are good to be developed, it's not just about the money but the development which will help this new generations in terms of digital

advancement, the help of blockchain will let them to explore many potentials, it's great to know that there are many of them who are starting to embrace

this form of currency, for now the investment part but in due time they will realize it and developed it in a more advance usages.

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November 09, 2020, 05:00:20 PM
 #332

I would state it is better not to be over energized now but rather to intently notice the current circumstance. We are very much aware of what happens when just a single point is examined around the market. I think there is no compelling reason to call individuals to join into the digital currency industry in light of the fact that the cryptographic money crazed was at that point here because of the pandemic the greater part of the populace worldwide has remained indoor and keeping in mind that perusing the web they discovered data about digital money.

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November 10, 2020, 07:44:38 AM
 #333

yes actually there is need to call people into crypto because a lot of people still don't have enough awareness and knowledge about crypto, and it's not easy to call people to get into crypto because there is a lot of things that need to be considered like teaching them about the crypto.
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November 10, 2020, 08:12:05 AM
 #334

for me i think there is need to call people into crypto considering the global pandemic , so many people lost there jobs and unemployment rate is too numerous, so introducing people in crypto will surely be a way for them make a living.
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November 10, 2020, 08:19:32 AM
 #335

Let people learn about crypto themselves, make sure they are willing to learn first before anything, tell them how unsafe crypto space is, research is the only way to move forward, don't bother with people who can't take risks, in few more months we will have more newbies amongst us because of paypal crypto involvement

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November 10, 2020, 08:34:10 AM
 #336

Do you think now is the right time to call the people into crypto world?
No, at my country crypto still pros and cons so to call the people, such as make invitations on social media will stir up debate. So i just share information about crypto with my families. And if you call people, many of them don't have the knowledge and more potential to scammed and maybe you will be blamed
It's very difficult to convince people that do not know about crypto to invest in it. They find it hard to believe that someone can make a profit in Bitcoin within a short time.
I keep telling my friends about crypto so that when am financially stable they won't blame me that I didn't tell them about crypto.

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November 10, 2020, 08:58:26 AM
 #337

They will likewise lose themselves in light of this additional energy. By carrying newcomers to the market, they will likewise make a misfortune. I think there is no compelling reason to call individuals to join into the cryptographic money industry on the grounds that the digital currency crazed was at that point here because of the pandemic a large portion of the populace all around the world has remained indoor and keeping in mind that perusing the web they discovered data about cryptographic money.

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November 10, 2020, 10:49:04 AM
 #338

As for me, now is the most inappropriate time to call people to the crypto.
Why? Because if people start buying cryptocurrencies all over the place, it will certainly give a sharp and rapid growth - but then it will be repeated in 2018, when the market just tripped over itself and collapsed sharply. And what will happen then? Millions of new people will not only lose tens of millions of money, but also start to hate cryptocurrencies more than ever. This will be their biggest and most important mistake (in their opinion) - to trust cryptocurrencies.
And if this happens, then any coin with the word "cryptocurrency" in its white papper will be perceived as another financial pyramid/bubble and you can forget about any development of this area at all.



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Rainbot
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copoyes
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November 10, 2020, 02:12:56 PM
 #339

let those who don't know crypto come alone out of curiosity without us calling them, we just have to tell them the advantages and disadvantages, the rest let those who choose to dive into the world of crypto or just hear our story. No need to wait in crypto when DeFi is hot. what we need, if those who are interested, just educate them with their crypto knowledge

escalante28
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November 10, 2020, 02:32:00 PM
 #340

The Cryptocurrency massive adoption has been up lately with several and giant private companies as well as the Banks all over the world. There are countries also who already adopt cryptocurrency like India-Mongolia-Columbia https://crypto.co/news/crypto-news-indian-mongolian-banks-offer-crypto-services/. So I don't think we still need to call the attention of the people to get into crypto as they can see it already.

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