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Author Topic: All of a sudden they want to join crypto.  (Read 2557 times)
Saisher
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February 21, 2021, 04:18:30 AM
 #141

This is a bandwagon effect and a FOMO effect nobody wants to blame himself for not getting in when everybody is getting in, be sure you are knowledgeable so if you have friends who wants to get in, you can explain to them how everything here in Cryptocurrency works, you can teach them and warn them of the many risk involves in investing in Cryptocurrency.

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February 21, 2021, 04:40:56 AM
 #142

I had the same experience before, people who ignored me when I was new in crypto are now sending tons of messages to me right now inquiring how to invest and start in crypto. People are afraid of what is new, but once it is profitable they jump in and expect a fast outcome. I admire people who are new in crypto who easily get the whole concept the market, that it it is not an overnight profit scheme.
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February 21, 2021, 10:47:25 AM
 #143

The role of the media is very influential in this regard. if we see today so many people are interested in investing in cryptocurrency. but they should also pay attention to the risks they face. right now maybe the market is experiencing an increase. but if the market is bear, if they don't have money management, they will lose money in that condition
The high increase and also the media that make news about cryptocurrency have indeed made the attraction of people to invest quite high. right as you say. when now people start buying they also have the risk when the market goes down. the events of 2017 might repeat itself when bitcoin fell so heavily in a short time. they should know about this

"they should know about this", but they don't, that's why they invest too much. They don't know that we are riding a bubble in here, and just simple outside force can make this baloon pop out, then suddenly BTC will be a scam.

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February 21, 2021, 11:00:29 AM
 #144

It was good that there is more people now who are going to try to invest and to learn cryptocurrency.
Because it's trending world wide so people are curious on how to earn because for sure they heard to the others that they earn millions of dollars or 6 digits which is quiet a lot of money. Let us teach them so the crypto will become grow again than we expected.
yes, I thought the same thing. that way people will learn about crypto and the world in it. after all, the crypto world is full of scammers, so they need to be careful and learn for that, moreover Ponzi schemes and others. even in my country, there are enough things like that in the name of cryptocurrency.

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February 21, 2021, 04:35:45 PM
 #145

it is true that this also happened to me, suddenly my friends and family also started asking questions about crypto, they seemed so interested in crypto, maybe because the media news continued to tell good things about crypto investing

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February 21, 2021, 04:50:43 PM
 #146

It's cool that you were able to achieve such a result, but nevertheless, anyone can deal with cryptocurrencies, the same doctors, lawyers, engineers without interrupting their main activity, spending not so much time on it, make periodic purchases of the main coins Bitcoin, Ether, Polkadot
Yes you're right. It seems to me that more than half of those who invest in cryptocurrencies have a main job.  But nevertheless, it is very cool that every year there are more and more crypto enthusiasts.



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February 21, 2021, 04:55:36 PM
 #147

From zero to hero, that's my kind of story in crypto space, years ago many people would discourage me about crypto investment ,they will tell me I'm just wasting my time, they will tell me crypto is a bubble, they will tell me that Bitcoin won't work but I'm glad that I don't listen to them advice, now I'm much more better than I was years ago, all they could do now you send me text messages telling me they want to invest in crypto, can you see that Huh I don't blame them, people tend to hate what they don't understand
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February 21, 2021, 05:24:47 PM
 #148

The role of the media is very influential in this regard. if we see today so many people are interested in investing in cryptocurrency. but they should also pay attention to the risks they face. right now maybe the market is experiencing an increase. but if the market is bear, if they don't have money management, they will lose money in that condition

I didn’t expect the pump to last this long. I am a long term holder, having experienced the 2018, bullish and bearish trend, I felt the same was going to happen here. That’s just a reminder that market trend could be a difficult art to bet on.

I hope there are days when your coffee tastes like magic, your playlist makes you dance, strangers make you smile, and the nightsky touches your soul.
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February 21, 2021, 05:27:56 PM
 #149

I think if a lot of people start getting into cryptocurrency then it won't be a problem because everyone has the right to try their luck in cryptocurrency and what you have to pay attention to is cryptocurrency has a very high risk, and if it enters a very expensive price condition like this then maybe will be stuck at a high price if the price collapses.
The community continues to grow and expand, adoption is increasing, interest from institutional investor is also becoming clear and this will all help bitcoin and crypto remain a useful asset for a long time. Even though a lot of people come just for financial reason, I think this will also help this new payment system last longer.

Crypto market condition that are in a bullish condition have attracted a lot of interest from stock investor and others to try to get a chance to profit in crypto. This in my opinion has increased the risk that traders have to face as it is very likely that the price will change quickly if these people sell all the assets they own.

I see that you are joking, you included astronauts and olympians which are unbelievable that they will DM to you to learn about cryptos. Anyway if your story is true then you can teach them if you like to but of course there is no free to learn they should pay, it's a good extra income you know. Earning in 6 digits just holding not bad you are really successful congrats to you.
Check his post history and you will find out how knowledgeable he is about crypto, and you will get answers about what you have doubt about.

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February 23, 2021, 07:37:16 PM
 #150

congratulations for making six figure amount.glad to see people are understanding about crypto even its wondering that, some parents like yours, wanted from their children to learn about crypto.but having other profession in real life also good, cause you are still newbie.so if you by chance lose your fund, they your real life profession will help you to cover your loss and won't affect your life

It seems to me that in 2017, people rushed into the cryptocurrency market with their heads indiscriminately which projects are good and which are bad. Now, when the industry develops much faster and better, people are deliberately go into the crypto space. Some even leave their main sources of income in order to develop their crypto careers. Cryptocurrencies will definitely be recognized by humanity and will turn from distant into everyday life.
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February 23, 2021, 11:14:48 PM
 #151

Obviously, a lot of people are eager to learn more about crypto what's in the current situation, with the increase in bitto prices, with this pandemic driving people to do things that generate enough without leaving the house, maybe those two things that make a lot of people want to get into the crypto world, and a personal pride could teach people about it, and maybe the more people that come in it, the more it grows In this no matter who you are, whatever your profession is out there, it's all the same in the crypto world, all the same in running this business, and this is probably good news because the more people who jump will climb the bottom of this crypto

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February 24, 2021, 01:08:54 AM
 #152

I think if a lot of people start getting into cryptocurrency then it won't be a problem because everyone has the right to try their luck in cryptocurrency and what you have to pay attention to is cryptocurrency has a very high risk, and if it enters a very expensive price condition like this then maybe will be stuck at a high price if the price collapses.

Taking your time to study is far better than to take a joyride without direction. Those people who are now involved into this  crypto business, they are not here for nothing. They see the real potential of this business and they wanted to take part of it. We can't deny that  wherever there are opportunities people will grab it and see their luck.

The more the better, if they keep on coming it's a good sign that this market will grow and bring big potential benefits to players who will do their DYOR advancing their opportunities.

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February 24, 2021, 06:04:46 AM
 #153

Personally, I already study a lot and am interested in the world of cryptocurrency. And I tell many people how I successfully make good money from selling cryptocurrencies. And nobody even paid attention to me. But now, when everyone is talking only about the cryptoindustry, they start asking me how you can make good money. And I answer everyone, it is interesting to study and success awaits you in the near future.
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February 24, 2021, 06:54:44 AM
 #154

I think if a lot of people start getting into cryptocurrency then it won't be a problem because everyone has the right to try their luck in cryptocurrency and what you have to pay attention to is cryptocurrency has a very high risk, and if it enters a very expensive price condition like this then maybe will be stuck at a high price if the price collapses.
Well, that's actually a good thing. they want to grow to find new business. it's just that, most of them come when they hear that crypto prices are already very high. sometimes they think it's easy, and start giving negative feedback when they get a loss.

By the way, some people also started asking me about crypto or making status about crypto trading even though they don't know what they are doing. well, I see that as something pretty good, because they think it's cool.

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February 24, 2021, 07:41:04 AM
 #155

Hahahaha I have been getting quite alot of engagement lately... and pretty sure I'm not the only one  it's crazy seeing dm's  from doctors, lawyers, engineers, astronauts & Olympians.  Parents wanted me to be any of the above and now they're in my dm's trying to learn about crypto and how I make 6 figures from holding/staking altcoins like $BET $LINK $ ADA. Hmmmmmmmmm life.
And meanwhile, they think that it is a bubble and will explode soon. They do not buy crypto for what it offers, they buy because they think that it will bring a lot of money in the short run. Those people usually lose in crypto because they buy it when cryptos are bullish and sell as soon as the price goes down the level they buy. More people, more paper hands, more volatility, and more dips.

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codpku
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February 24, 2021, 11:17:01 AM
 #156

with elon musk word bitcoin and lot of altcoin get famous in one night, his word  really powerful and now all people aware with this new currency and must follow the trend or they get left behind

and someday i believe cryptocurrrency will replace fiat and bank who not adaptive with current situation will get left behind and will born lot of digital bank and lot of merchant will accept bitcoin for trade

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February 25, 2021, 07:51:54 AM
 #157

Its good you have the knowledge others do not possess but I think it will do more good if you share this knowledge to others. I agree that crypto sky rocketed this 2021 and so many new investors are coming. It will be much appreciated to them if we crypto community gives them a glimpse of knowledge we have.
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February 25, 2021, 10:12:12 AM
 #158

They (new investors) come because they see crypto developments that are getting better

Are you sure? I always thought that money is the only one that investors are interested in. Cryptocurrency became more popular, compared to previous year, but have a lot of things changed? Miners are still mining as they did years ago, crypto did not get mass adoption yet. This summer no one spoke about cryptocurrency so much, market cap was around 300 billions us dollars. And then suddenly, investor saw the light of development and increased market cap 5 times.

If you think this is all due to development, could you name top5 major updated in cryptocurrency during 1 year period? I will help you a bit and name DeFi. How ever DeFi was already when market cap was around $300-350 billions, so it has affected market, but not that much imo.

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kak uli
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February 25, 2021, 10:52:53 AM
 #159

Hahahaha I have been getting quite alot of engagement lately... and pretty sure I'm not the only one  it's crazy seeing dm's  from doctors, lawyers, engineers, astronauts & Olympians.  Parents wanted me to be any of the above and now they're in my dm's trying to learn about crypto and how I make 6 figures from holding/staking altcoins like $BET $LINK $ ADA. Hmmmmmmmmm life.

an appreciation if they want to join the world of crypto. but believe me it is only temporary because they are tempted by the current high price and maybe they are tempted by the income that you have now. I think so.

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February 25, 2021, 01:42:14 PM
 #160

Hahahaha I have been getting quite alot of engagement lately... and pretty sure I'm not the only one  it's crazy seeing dm's  from doctors, lawyers, engineers, astronauts & Olympians.  Parents wanted me to be any of the above and now they're in my dm's trying to learn about crypto and how I make 6 figures from holding/staking altcoins like $BET $LINK $ ADA. Hmmmmmmmmm life.

This is not new I also got a lot of inquiries about Cryptocurrency because in our place I'm the one one who is very much into Cryptocurrency, but unfortunately, they are only driven by profit, and they are confused about the technology behind it, they are used to MLM and Ponzi Scheme,  but I still educate some interested friends hoping they will embrace this technology

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