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Author Topic: What was your biggest fear with starting in crypto?  (Read 646 times)
Asuspawer09
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July 08, 2023, 11:58:53 PM
 #101

Genuinely want to know what prevents your friends/gf/ colleagues from investing? Did you have any barriers when you first started?

My experience I started to learn Bitcoin when I was just a student, I try to find ways how I'm going to invest in Bitcoin but since I'm a student my biggest barrier was the money, as a student I do not have the money to invest on Bitcoin, And I imagine now that if I did but bitcoin that time, it's going to be a huge profit since the market price of Bitcoin that time as just around 400$ if I did have enough money to invest on Bitcoin I did make a big amount of profit.

I would say that knowledge as well is really plays a big part here, I don't really have enough knowledge on Bitcoin at that time so I don't really know what to do at that time, If I have the knowledge that I have today that time I'll probably going to buy with my own money using my allowance just to invest on Bitcoin. I'll probably still make a decent profit if I did that. Money and knowledge I guess was probably the most common that prevent beginners and newbies on starting on investing on Bitcoin.


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Daniel91
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July 09, 2023, 07:29:47 AM
 #102

Interesting question OP.
Before bitcoin I invested heavily in various PTC, RevShare, MLM and Forex programs and mostly lost money everywhere.
I have heard the words, "This is new and revolutionary and will bring huge profits to everyone" so many times that I have almost stopped believing in such announcements, I have simply heard it too many times.
However, a friend persuaded me to join this forum and after some time I gained confidence and faith in bitcoin and decided to invest my money. It was the best decision of my life.
Today there are so many scams on the internet that it is very difficult to distinguish between good and bad projects and that was my biggest fear, that I made the wrong choice again  Grin

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