Is the entire Crypto Market ever likely to be Scammed?

[tech30338]

Could the entire crypto market ever be a scam?
How much faith do you have about the crypto world?

Can I confidently choose Crypto World to safely store all my hard earned wealth?
Like the bank?

If someone is just telling that crypto currency is a scam, because of the up and down price, then they are missing something they are just not coin in the blockchain they have usage in the crypto environment, each of them has functions , you really need to dig dipper into blockchains, if you really want to understand them.

[bounceback]

Could the entire crypto market ever be a scam?
How much faith do you have about the crypto world?

Can I confidently choose Crypto World to safely store all my hard earned wealth?
Like the bank?

Only bitcoin is the only cryptocurrency that we can fully trust because so far bitcoin has proven to be able to survive in any situation, but even though we trust bitcoin it does not mean that investing in bitcoin has no risk because basically bitcoin price movements are very volatile so there is a possibility that we will experience a loss if You are not investing properly my advice you should reconsider your plan carefully to put all the funds you have into bitcoins and understand about the risks.

[Distinctin]

I am certain that the cryptocurrency market is genuine. However, this does not mean that there are no dubious projects or coins, as there are in conventional fiat investments and projects. To begin, you should stick to bitcoin and research the top 100 coins.

I would say that I currently have 80% invested in cryptocurrency. Centralized wallets and exchanges, like banks, are susceptible to closure and bankruptcy. Always keep in mind that it is not your coin unless you hold the keys.

Cryptocurrency market is legit and genuine of course, but there is no guarantee that all coins in the market are promising and will end up highly profitable. Even those who are considered top altcoins in the market, there are still probability that they will be gone suddenly in the market and lost their value just like a thin air. That’s the reason why we should trust more bitcoin and prioritize it over altcoins. Bitcoin will never be a scam, even if a lot of failed accusations that bitcoin is indirectly involved in a scam.

[KingsDen]

Could the entire crypto market ever be a scam?
How much faith do you have about the crypto world?

Can I confidently choose Crypto World to safely store all my hard earned wealth?
Like the bank?

Your money in the bank, are you confidently sure that it is safe?
I mean money that you don't see;
Money you don't hold;
Money you need to sign your signature before you withdraw;
Money that bank can freeze and tell you some regulatory stories;
If you can trust bank to be 100% safe, something you don't control, it then means that bitcoin is a heaven because you will be your own bank.
How do you see that?
Or do you trust the bank more than yourself?

[Viscore]

Could the entire crypto market ever be a scam?
How much faith do you have about the crypto world?

Can I confidently choose Crypto World to safely store all my hard earned wealth?
Like the bank?

Your money in the bank, are you confidently sure that it is safe?
I mean money that you don't see;
Money you don't hold;
Money you need to sign your signature before you withdraw;
Money that bank can freeze and tell you some regulatory stories;
If you can trust bank to be 100% safe, something you don't control, it then means that bitcoin is a heaven because you will be your own bank.
How do you see that?
Or do you trust the bank more than yourself?

Probably, people are more blinded by banks and they think it’s way safer than any other, including cryptocurrency. But if they will look at it deeply, with bitcoin which is giving us freedom to manage our own funds, that is way more safe and secured than entrusting banks our hard earned money and let them take advantage on it. But I guess, only bitcoin enthusiasts would only know that, and the rest are still bank fanatics.