What are your fears before investing in crypto?

[Dang3r 103]

I literally thought "free money", which is also not free since we all invest the most valuable thing if we have: Time, at that time there were faucets that paid up to 2000 satoshis every hour, so getting money quickly was very easy, I'm speaking of 2014/2015 where even by entering pages they gave away satoshis.

 

The only feeling I involved was that of uncertainty, as it was something new to me.

[Adam786 560]

My friend the big fear of investment in the cryptocyrrency is the lose of money therefore first of all we should learn about the investment and trading before to start them . When we will have experience of investment then there will no fear of losing the money.

[JesusFries 1958]

Well, it's normal to have some fear when we are investing in cryptocurrency because there has a big risk that you'll face, all we need to do is to make sure that you will not sell it in lower price, even though you're lossing a huge amount of money, just wait for the opportunity to increased the price so that you will get a good amount of profit.

[Tolani 174]

My fear is just the same as any other persons fear, and thats the  fear of loss, but now eith little readings and seeking advices, i get to know that loss is actually part of market and if someone is even careful enough, then they can avoid loss, so now i am beginning to invest letting go off my fear.

[Sumon21 151]

Honestly, my main fear in cryptocurrency investing is the loss of investor money.  Even though these are highly secure, I am still afraid.  Also, the fear of what would happen if the price of the coin I had invested in, went down.

[Malikhamdullah 145]

I would consistently have questions about putting resources into cryptographic forms of money since it is improbable and how it in light of the fact that a pattern in a moment. additionally perhaps as a result of the way that this stage is another thing.

[sinseoul 0]

I don't thought that Bitcoin is a scam before. Almost everybody else thinks that Bitcoin is not legit or is just a scam. But I know that Bitcoin is real. The only thing that made me not invest before is that I doubt Bitcoin's price

[Quickbee 26]

My first fear before investing in Crypto was Crypto will come to an end soon and all the money I was planning to invest is a waste. Secondly I thought if Crypto didn't end then surely the prices will come tumbling down.

[pax166 0]

When i started cryptocurrency, my major fear was that i will not be able to understand how it works or how i can earn money from it. But i had to overcome this fear by making enquiries about it from my friends and from the internet. After gathering adequate knowledge about it, i was soo calm and confident that i can be part of it.

[Ahmdoof 59]

Our biggest fear during the investment process is the greed we feel when calculating profits. We have to control ourselves when we start the investment process. As for fraud, it is a result of lack of experience

[koynayak 1923]

I scared the crypto because i heard the bitcoins massive price dump in 2017, as we all know btc price drops from 19.000 to 3500$ and me and most people scared the crypto. After that i realized crypto world is very volatil and if i can invest wisely i can make nice profits.

[Obliv0n 333]

What I thought is that this would be a way to earn easy and fast money, I was not very wrong about it, I really never considered that everything was a scam, since I would not invest money, only time and when one is young, time is plenty, so I decided to bet on monero, it had hundreds of faucets and was easy to sell.

[Jack764 1841]

My fear is that I enter a currency and its price drops dramatically and lose instead of profit, especially as I am a beginner in the field 

[Roman Wickler 1021]

In early in cryptocurrency my fear was losing money and scam. I really feared about this things . I knew nothing so that's why i was feared about these things. But when time passes i learned everything . Now i don't feared. But i always aware of scammers. 

[Penata 324]

Fear of losing everything because you choose the wrong cryptocurrency to invest in. And if the platform is legit where you want to invest because there are lots of existing scams investing apps and websites. And fear on the decision you make to your money because lots of people fail because of the wrong decision they make.

[Harbeeboullah 428]

My fear on investing on cryptocurrency was losing in case I made wrong investment in wrong site, so before I invest on any site I do make sure I confirm the legitimacy of the site before investment because I seriously fear for loss

[betania1 283]

On 12/9/2019 at 11:42 PM, Delgboke said:

In my early stage in the world of cryptocurrency the moment I heard it, I just concluded that it was a scam that was my major fear as of that time, What was your thought before coming into the business? 

The simple fact of knowing that it is illegal in many countries made me doubt and for this reason I was afraid of this apart from the fact that I thought the same of you and did not want to waste my time and money, but we already see that it was real and that it is the best we've ever known.

[Jhujhu 62]

Welcome, my dear friend.  Of course, the biggest fear everyone has before getting into a job is that no matter what, if we want to succeed, we must have the courage and the compassion.

[Shuvo Mia 576]

I will invest future that's my plan. I am taking time. Because i am new here. So i need to learn a  lot,research. Then i have to invest. Without good knowledge if i invest then It's gonna be risky. So i take time for the investment. I am also discussion with my senior brother, then we are start invest together.         

[celeste10 251]

I thought it was a scam in fact the world of cryptocurrencies is something that the first thing to learn is always safety first to avoid a loss of our capital, this being the greatest virtue of a person when entering the world of cryptocurrencies have knowledge and learn how to secure your money.

[korobi909 193]

My first thought about it was a scam too since I really don't trust much in new ways of earning which I'm not used to. But because of a YouTube influencer who explained more about cryptocurrencies, I now fully understand and now having benefits from it.

[kumkum444 142]

In my early stages in crypto I was blinded and I thought all investment sites out there are legit and I had to face more scamers before I mate cryptotalk therefore, I would like to say a big thanks to cryptotalk and yobit for our earnings they are making possible..

[Yuri Nurov 227]

My first day that cryptocurrency was introduced to me I got scared of internet fraud stars but when I got sufficient knowledge on it I then realise it was a legitimate investment and I got into it till day

[Rozy 1918]

People usually fear what they are ignorant of, when you do not know about crypto you will think that it is a scam and this happened to me and now that I become aware that crypto is really profitable field of work , unfortunately I get scammed by all the sites that pretend to give free Bitcoin, so you cannot believe everything you hear about nor deny it , and experience is taught in the hard way. 

[abd1992 960]

On 12/10/2019 at 5:42 AM, Delgboke said:

In my early stage in the world of cryptocurrency the moment I heard it, I just concluded that it was a scam that was my major fear as of that time, What was your thought before coming into the business? 

My fear is just that I don't know how to work well in trading, and I have tried, but I lost money and lost the ability to work well.