What is your fear in new crypto currency

[Ehizzy1]

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.

Yeah its true that the price keeps on fluctuating and that is another reason you should invest at the right time , so that the rapid flunctuation of te coin won't take all your cash just prepare the best time to invest then you are good to go i think ,

 

[Nomad]

One of my biggest fear in new crypto currencies is what if they are scam. I also suspect that the new currencies might turn to be a scam project. That's the reason I do not try new currencies.

 

[tyrim88]

The cryptocurency trading market is a type of trading platform that an investor can actually gets his investment in a short time period.But before venturing into any coin es[pecially new coin,you should look at the performance in the market and the stability it can withstand when market forces comes up.

 

[Rhapsody]

The truth is that I hardly buy into new Cryptos. I am more confident about the old and popular ones. It took me almost forever to decide to hold some Tron.

I agree with you because there are some times that some coin will come and rise highly in there price but in a blink of an eye you will just see the price starting to come down gradually till the price is worst. Investing in the coin we know is better than investing in new coin.

 

[Dowenship]

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

The fear of if at the end the coin i invested in doesn't bring back profit but a rug pool in which its only one way traffic, this as always been my fear...

 

[Grandeur]

I wouldn't really call it fear, I do not fear for any coin but I am being cautious when it comes to new coins because it may not be a bad investment.

 

[Bookwormlux]

So many of them do not have any values and easily get dump that is why I did not bother to purchase any of them anymore. Is better to buy coins that have value.

 

[Niftyyem]

I agree with you because there are some times that some coin will come and rise highly in there price but in a blink of an eye you will just see the price starting to come down gradually till the price is worst. Investing in the coin we know is better than investing in new coin.

Such coins were rug pulled and there are so many of them being launched by the day. Those who are unaware or not fast enough always end up losing out on such coins.

 

[Hena101]

I don't invest in any new crypto currency because i don't like taking the risk that is not well calculated, i prefer investing in the olds ones i know every well.

 

[gammarays]

New crypto tokens pose many risks to investors. It's sometimes difficult these days to know a token that will survive. Developers can mint tokens, get a good whitepaper and website only to rug it at a later stage.

 

[Josemendez]

With the experience I have in cryptocurrency so far , am not scared of anything anymore because cryptocurrency is all about being able to take the right decision amdist the viral hype and FOMO .

 

[Dowenship]

I don't invest in any new crypto currency because i don't like taking the risk that is not well calculated, i prefer investing in the olds ones i know every well.

That's the advantage of crypto currency, you invest into any coin you believed in and know that each coin as it own risk to bear! So always put it in mind that crypto is risky...

 

[Kingstone]

Everything is all about risks. I commend those that buy, hold, and sell coins when they rise. The fear of not making profit, in the end, is the biggest of them all. The reason one involves in business is to make a profit.

 

[Niftyyem]

With the experience I have in cryptocurrency so far , am not scared of anything anymore because cryptocurrency is all about being able to take the right decision amdist the viral hype and FOMO .

I still have a little fear but I guess I am overcoming them now the more I learn. It is better to keep emotions in check when it comes to cryptocurrencies investment and trading.

 

[Aaron625]

Fear of dropping in price is the common feat people have when they invest in cryptocurrency. I had that fear initially but later got adjusted and now comfortable trading in bitcoin.

 

[Alexandoy]

An online friend who is a fan of crypto coin said that investing in Doge or Shib is a waste of time and there's a risk for your investment. Why still look around when Bitcoin and Eth are the most popular and already tested by time. Maybe that is a good advice that we can follow.

 

[Nomad]

Why should invest n new coins when the popular ones and older ones are already are gaining value and giving profits to the investors? You will have to wait until the coin is accepted by the mainstream market.

 

[joy101]

I have never invest in this new cryptocurrency before, so those investors in this new cryptocurrency them may fear about not to loss their money into it.

 

[ahmedo24]

I don't fear to invest in unicorns especially if they are listed on binance all I just do is to invest maximum of $20 and watch the profit I will earn from the coin, the strategy has been working fine

 

[Aaron625]

One fear I have with new coins is whether they are the real coins or only the coin that's purpose is to scam people by forcing them to invest. I always prefer searching for the coin reviews and data in coinmarketcap before investing even a penny in any new coin.