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Delgboke

What are your fears before investing in crypto?

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My fear is the value of bitcoin will continue to drop and I am scared to get scammed. I hope that my journey in crypto world will become positive all the way because I really want to earn money.

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Now I have no fears at all, before, when I was just starting to trade and invest, I did everything very carefully, and therefore earned very little. Now I have long been in this field, so now I have a lot of experience, I immediately see good projects for investment, so there is no fear, I gained experience and knowledge

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When I invest coin some project I always fear that is it lagit or scam. Because now a day maximum project are scam. They just rob you before you knew it. That's all. 

 

 

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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? 

I mostly fear losing all my profit in one failure trade. Getting back to the zero point is hard. That's what I am afraid of and that's why I am always careful with every trade I make.

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Rather than telling you that it scares me, I will tell you a very great advice that my mentor gave me and that I continue to struggle to dominate but I am achieving it, my mentor told me, when operating or buying you must remove your fears, be sure with your analysis and  do not go checking every once in a while, trust your operation, position your stop loss well, and continue with confidence, if you buy with fear at any time you will sell and you will lose big profits, so use 10% of your capital to avoid stagnation.

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Just like everybody my fear in investing crypto is ofcourse,loosing money. As i want to earn more and not to lose. But i can never get profits if i dont take the risks and accept whatever happen so i try to face and manage those fears because our success depends on us.

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The most remarkable fear before investing in the cryptocurrency is the further market prediction mistakes. If I have invested in BTC when the price high, I will having the fear if the market price is going down in the near future to make me stock at the lower price. 


 

 

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My main fear is that the coins I invest in today may become worthless at any moment, bitcoin may collapse and all altcoins with it.

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The great fear of being a victim in one of the platforms and projects that is a fraud and losing all your money. This is the biggest danger that may actually happen to you.

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Life is great and enjoy it

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7 hours ago, Qpella said:

I was introduced to bitcoin by a friend like 4 to 5 years ago.he literally begged me to come invest in bitcoin but I refused.i was scared it was a scam because it wasn't physical.

Majority of us has this scenario of finalize that source of investment is scam , until we are convince and we know they are telling the truth before acting upon

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I have not had fears since the beginning of my investment in business because I did not start from scratch, but I collected a lot of information before starting and benefited from the experiences of many friends in investing. I advise everyone before starting to learn to invest and not be afraid because self-confidence is an important factor for success and not putting large sums in the beginning Especially if the platform is unknown


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As a beginner my only fear is if i loose my money and this is the only fact which i am afraid of but i also know that without taking risk i can not make profit  

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All i do i cherche hard about the website witch i want to invest , is really important you have to know the platform or website is good or not , and also it’s paying or not , and the really important for me ,if this website have a good history , is mean this website have 1 year work and get paying for any problem.

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nothings . the best things that was i do just invest with out worrying and i start my life in ivestment and then i loss some money but i learn a lot thigs about investment

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I was afraid that I would accidentally send funds to the wrong wallet and they would disappear, because of this fear, I could not make a Deposit on the exchange for about 2 months..

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12 hours ago, ahmedasd said:

nothings . the best things that was i do just invest with out worrying and i start my life in ivestment and then i loss some money but i learn a lot thigs about investment

You can't just invest without fear, there should be emotions that will affect your thinking before the investment, whether the investment is real or it will bring profits as they said

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The fear most of investors have before investing in any cryptocurrency is the future uncertainty, we don't know what might really happen in the nearest future. Who could predict this pandemic affecting bitcoin in 2019, almost no one. 


My Altcointalks username —° Raqeebzy

 

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Investing is always risky, and when I work in this field, I fear that the currency in which I invest is a fraud or that it is not useful for investment, so I am always afraid of losing my money.

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Before investing, I was afraid that my cryptocurrency would be stolen from my exchange accounts on exchanges due to the fact that the exchanges are unreliable.

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One of the concerns that I had before entering the world of investing in cryptocurrencies is the lack of regulatory frameworks, which means a high degree of uncertainty, such as price volatility and manipulation. Investors and businessmen are also concerned about possible future restrictions.

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My fears were and still are about fraud by some sites or by many people where we are always vulnerable to fraud because of the large number of fraudsters who are waiting for their prey always

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Yes agree with you. I have also this fear. Now many sites are fake and scam sites. So i will suggest that we should be careful about these fake and scam sites. 

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Many people are investing in crypto currencies my biggest reservation is the volatility and the security. When Soros the greatest currency trader in history is buying gold and gold miners that makes the decision for me. I will take gold and silver over fiat or crypto. When Soros buys a big stake then I will buy one. Until then I trust the greatest minds in the world.

Soros may be invested in some but he chose to go golden boy when he went bearish. I will take the silver at 65 to 73 to one in the silver gold ratio any time anywhere over anything. The reason is because the old time big guns do. The richest people in the world aren't firing on crypto like they are on older standby type wealth preservation devices. Bonds are beating crypto by volume so are large caps, and bonds. The disappointments are many. To me this is like asking do I buy apple, microsoft, oracle, nextel, amd, orange, banana, apricot, ars, or 5000 other tech stocks in 1988. Everyone wants to be in the boat but too many will need a lifeboat by the time crypto shakes out.

 

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My worst fear is greed, and this is what always happens. I suspect that the currency will continue to appreciate and then suddenly fall and return to my point of entry.

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