What is your fear in new crypto currency

[Sunnytee]

To start a new crypto currency business the fear of investing in New crypto currency is rampant all because of dumping from various platform that we've experience since times ago

 

[Caali]

Feeling an unpleasant emotions about an unknown event or risk is one of the greatest challenge of business success and consequently a lot of reasons account for significant fear about cryptocurrencies and investment...

 

[Kinglegend01]

I think my biggest fear in cryptocurrencies is for it to reduce in value after I have invested in it and finding out that it won't increase in value after a long period of time. Presently cryptocurrencies is an illegal investment in my country.

 

[Joseph555]

Crypto Investment is always a risk and you only fear when you don't really much confidence in the particular altcoin you are investing in.

So the most appropriate way you can actually reduce this fear is just to take some conditions of Investment into consideration. Do research about the particular altcoin and never to invest what you can not afford to lose in case there is any misfortune in your investment.

My dear by the new cryptocurrency is that since everyone is now minding the currency free the new currency might not heat up like Bitcoin everywhere you go now before reminding is even some side are given her giving the coin up for free.
So I believe the higher the number of people that has a coin the slower the coin arise the possibility of going higher a very clean but all the same it is all speculation don't really care what will happen

 

[Onachukwu]

People generally fear what they don’t understand. It makes sense, then, to learn all you can about the subject you are afraid of.
First, let’s define cryptocurrency. There are several different definitions when you look the word up on the internet. But to put it simply, it is a digital asset protected by encryption that can be used in financial transactions.

 

[Royalty]

The risks of trading cryptocurrencies are mainly related to its volatility. They are high-risk and speculative, and it is important that you understand the risks before you start trading. They are volatile: unexpected changes in market sentiment can lead to sharp and sudden moves in price.

 

[Bookwormlux]

We all know that before we invest in new crypto currency we always have that second taught that makes us more careful and frightened before investing in crypto currency ,
So what is your fear in investing in new crypto currency

I always fear that these new crypto currencies are not going to stand the test of time and so I do not bother about investing in them for long term investment. I just invest in consideration of weeks or just some days.

 

[Ehizzy1]

There is only one fear in investing in cryptocurrency that is you don't know when will the coin value rise or fall. You can't predict future accurately. So yoi don't know if your investment will bring you profit or you will result in loss so.

There are actually tools most people actually use for knowing if the coin would increase or not , because most people make use of news and trends to predict the future of the coin i think ,and when the price rise further , they would make more profit from the increase i think ,so its really important to take notes of this

 

[Maks25]

Absolutely nothing to fear. That's what Investment is about you have to take risks
Forget about the fear because there is actually no investment without risk. For me I will keep on investing in crypos,let the thought of gaining be more than that of losing. That my own point

 

[Mahnoor]

Cryptocurrency enthusiasts believe that banks are evil. In fact, probably the majority of people in the world consider banks a “necessary evil.” They are aware that banks earn from high interest rates and overcharge some services such as international transfers. But there should be a solution, an alternative of sorts. What is the best solution right now? Cryptocurrencies.

 

[Ehizzy1]

My fear in investing are using the cryptocurrencies these days is that there is harvest of invent staying in this forums because there is very uncertainty in this forums it lets go up and suddenly go down so we cannot trust that it will stay stable even for a day so I will always prefer physical investment and trading rather online investing in cryptocurrency

Yeah but i think most physical investment doesn't appreciate enought to the extent compared to how crypto currency appreciate in value i think , because if they do appreciate in value like that more people would invest in physical trading more

 

[Sibel]

The past couple of decades or so have brought many changes in technology. For instance, most of us now use the internet frequently, and usually on our mobile devices – not even on computers anymore.

 

[Muhammadawais]

Because all processes on the blockchain are performed automatically, cryptocurrency transactions are very fast. So, when it comes to overall speed, banks may feel a little out of place.

 

[Kayzzy3]

We all know that before we invest in new crypto currency we always have that second taught that makes us more careful and frightened before investing in crypto currency ,
So what is your fear in investing in new crypto currency

Presently I have nothing to fear, I havent invested in Crypto Currencies, all the new crypto Currencies I've got, can by a free course, I didn't put a penny, I only invested my time and mobile data.

Now I have many different types of cryptocurrencies, whether they will have value is not clear yet.

 

[Ehizzy1]

The past couple of decades or so have brought many changes in technology. For instance, most of us now use the internet frequently, and usually on our mobile devices – not even on computers anymore.

I think most people still get to use their computers to do some of their crypto works , i think it actually still depends on the person if he or she isn't sure of what he is investing on , then there is issue , but if he or she is sure then i dont there is any issue or so

 

[Erik4150]

My only fear in the new cryptocurrency that is popping up every year is that it may not be a profitable investment. Some of these cryptocurrency are very volatile and makes me afraid of investing in them because the price keeps fluctuating.

 

[solomonmali]

This was sent to my mail, no course for alarm,
We are well of the CBN memo circulating the internet with the title Letter to all deposit money banks, Non-banks financial institutions, and other financial institutions. In line with this directive, financial institutions are being prohibited from supporting or aiding cryptocurrency transactions.
As a result of this directive, there will some changes in our mode of operations;
- Deposit to your wallet can only be done using your card for now as the bank transfer feature has been suspended.
- Withdrawal of fiat from your wallet is still functional but could take a longer time for you to receive the funds.
- Crypto transfers are working at top speed as the directive did not affect the Blockchain.
- Crypto Savings is still functional and still continues to yield its interest as stated.
- Crypto transfers are working at top speed as the directive did not affect the Blockchain. We are also working on measures, engaging all partners and stakeholders from the various sectors to restore all operations back to normal.

 

[Sutrahen]

There are too many crypto now. Our biggest fear is of they will be as successful as Bitcoin or are just a waste of time.
As a very careful investor, I’ll get scared investing my funds in an unpopular coin.

 

[Chibson]

I have never rushed and i don't like rushing to buy new cryptocurrencies, because i don't really know how the future will be for them. But i always look for airdrops, because that is absolutely free. I feel confident in investing my money on old cryptocurrencies.

 

[Sake]

My first fear is that what if the price fell more than the price i bought it to and doesn't recover because we have a lot of Cryptocurrency like that. Second is what if it's a scam because new cryptocurrencies always do a presale and sometimes they are selling before the got listed. Im afraid that they wouldn't really going to be listed.