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Author Topic: What makes you into crypto at the moment?  (Read 540 times)
Blitzboy
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January 29, 2023, 06:18:51 PM
 #81

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Pandemic is already starting to slow down and somehow I understand that people are now hyped into crypto just because of how almost everyone has the access to buy it. I thought IEOs along with ICOs were like a thing from the past now though either way, those were the hypes that's why the people around you were joining.

Might be an off topic, but it is also worth mentioning that due to lack of jobs, people were also freelancing. I had plenty competitors when I was freelancing last year.
It's definitely true that the pandemic has had an impact on the crypto market and people's interest in it. With so many people stuck at home and looking for ways to make money, it's not surprising that some have turned to crypto. As for IEOs and ICOs, they've definitely had their moment in the spotlight, but the market has evolved and there are now different ways for projects to raise funds

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January 29, 2023, 06:32:26 PM
 #82

I have seen a lot of people around me joining due to lack of jobs during the epidemic season, some because the price of btc is very good so they want buy altcoin, a few others came from IEO, etc
And you?
IEO - Staking - DeFi Smiley
Thousands of people come to crypto in 2020 because they want to make a profit with DeFi & the staking form of many tokens like ETH & ADA, especially IEOs on Binance with 50% -100% profit has made the whole market warm back after long winter from 2018.

Trends are changing, but the system of attracting new users for easy money is still the same. There used to be DeFi and IEO, now there are IDOs and testnets, or, for example, various retrodrops. There's quite a lot of material on the internet on these topics and every such material cites as an example some great story about how you could make a lot of money by investing early or doing something on a particular platform. A lot of newbies are enticed by such stories.

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jostorres
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January 29, 2023, 07:40:53 PM
 #83

I invested in NFTs for some reason this time, before the rise when bitcoin was around 15-16 k. I bought the game nftsi and a few additional nfts. I had one or two altcoin and bitcoin investments, I sold almost all of them, it was profitable in the past period, of course, these rises may take longer, but it was good for me to go down here.
They say that NFT's are shit but you didn't get bothered about that and you still continue but at least it was a gaming NFT are the ones you bought and not some kind of a plain jpeg file. That should keep you entertained while waiting for the Bitcoin and Altcoin to increase. I also believe that not all NFT's are shit.

It's just the reputation of other good and potential NFT's are only affected by those hypes and scam NFT's. You only had one to two altcoin which are nice because having more is stressful. It's also not wrong if you sold all of them for profits. What is only wrong is if you sold them at a loss but you should re-invest again so that you will have something again to sell once the bulls came back.

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WalkerIVIV
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January 29, 2023, 09:52:14 PM
 #84

I guess it's the chance of investing that's just significantly better than investing in stocks in general, with stocks it's all already being owned by the whales and cryptocurrencies gives chance of creating good returns for many individuals in term of investments. I'm sure majority of us invests in cryptocurrency just because it was significantly easier in getting profits than the other fields, you could guess many cryptocurrency investors are coming from stocks.

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January 30, 2023, 12:13:17 AM
 #85

I guess it's the chance of investing that's just significantly better than investing in stocks in general, with stocks it's all already being owned by the whales and cryptocurrencies gives chance of creating good returns for many individuals in term of investments. I'm sure majority of us invests in cryptocurrency just because it was significantly easier in getting profits than the other fields, you could guess many cryptocurrency investors are coming from stocks.

Yep, Bitcoin is decentralized and offers financial freedom.
Bitcoin drives us to a much lower time preference enabling long-term growth. That's why important to choose Bitcoin.
I almost can't justify putting money in stocks anymore.

Once we have experienced a crypto winter and lived to tell the tale, nothing can faze us anymore.
Josefjix
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January 30, 2023, 02:40:38 AM
 #86

I guess it's the chance of investing that's just significantly better than investing in stocks in general, with stocks it's all already being owned by the whales and cryptocurrencies gives chance of creating good returns for many individuals in term of investments. I'm sure majority of us invests in cryptocurrency just because it was significantly easier in getting profits than the other fields, you could guess many cryptocurrency investors are coming from stocks.
Investment in good solid projects in the market would bring profits easier than the normal job thing we do. All we need to gather is the required information about the projectz I likely proned to investing in altcoins because I strongly believe in the massive pump of it and also the heavy dumpz always making profits other than losing. Using my futures trading account, when it's dumping, I triggered the short action and when it's pumping, I triggered the Kong actions, moreover using good accurate signals would do traders good, it's doesn't sssured everyone of losing free, but it reduced the rate of lose in the market.

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January 30, 2023, 04:08:23 AM
 #87

it's no wonder that now people are starting to come back and are interested in investing again in bitcoin or altcoins. Apart from that crypto is still one of the best investments that can make us make a lot of money, and right now the price is also recovering, so I think it's a good time to come back.

Based on my experience, after ATH, the bitcoin price will fall, this happened last year and after that, the bitcoin price will recover and rise again little by little. This year, the bitcoin price recovered, and I assume that this will probably be a continuous recovery. This will certainly affect the price of altcoins, and if the recovery continues, there may also be lots of new projects with great potential emerging. well, I think the developers are waiting for the price to recover so they can launch sales for their project. However, for now, enough people are eager to get back into investing in crypto, and we'll probably see quite a few more new projects spring to the scene.

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January 30, 2023, 04:32:29 AM
 #88

To improve higher in the financial aspect, which is very important to any potential business man to do everything possible to get the right direction in cryptocurrency investment where he can discover somethings that will bring life to his business. I came to discovered Bitcoin price is improving since we step into new year, which are part of the things or signs every investors want to see in the market before making a good choice of investing on a stable coins like Bitcoin, Ethereum, binance and Solana. Since investors had seen all those coins movement in this season, it will be favourable for those that want to invest on them in the crypto market at this moment.

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