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What are your fears before investing in crypto?

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Yes dear every one feel fear in beginning . And I was feared about Investment as a first time and I lost my money in Investment due to lack of knowledge . But step by step I learn knowledge about Crypto currencies. And knowledge is important in Crypto world. 

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personally i'm afraid i buy some altcoin and then there is some bad news and the price drops so much that i lose all my capital because it happened to me many times with altcoins i bought and then the creators ran away abandoning the project. 

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many of the people face that they lost their money but you have to take this in making and generating revenue just take the rest and you will able to make good profit in trading and by other methods.

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The main fear before investing money in cryptocurrency is loosing of all money because the wrong investment may lead to failure and lost of money. So we must have knowledge about investment and then we can earn money from it. 

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Dear, there are several factors in investing in these currencies that scare everyone, firstly, trust in the company or the site in which we work, secondly, a sudden decrease in the price, which leads to great losses, third, making hasty decisions and this leads to deterioration and loss, and therefore when you invest, you must have sufficient experience and knowledge of  In order to avoid risk and thus loss

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Everyone has concerns, the most important of which is exposure to loss due to a wrong decision or devaluation.
There is a fear of being defrauded or hacked, or dealing with harmful websites.

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Dear everyone first and foremost fear before investing first time in crypto is that they lose their most of money if they invest. Dear if we invest and we fail at our first attempt then we never try again and not face to lose our money one more time this is the thing that never make us profitable because if we keep try again then we achieve our goal at one time and then we recover easily our losses.

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On 5/3/2021 at 7:27 PM, Johnii said:

The main fear before investing money in cryptocurrency is loosing of all money because the wrong investment may lead to failure and lost of money. So we must have knowledge about investment and then we can earn money from it. 

If someone loses all his money, that is not because of crypto, that's because of the insecurity of his wallet. If you choose the safest wallet for your coin(s), the worst case scenario that can happen is that your coin will lose value and you will sell it with some losses (not 100%). To reduce your losses as much as possible, you have to take great care about what coin to choose and how to keep it safely. Apart from crypto, any other kind of investment involves some level of risk. The future is always unknown but the winner is the one whose profit is always higher than his losses.

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Well, the biggest fear was not the scam for me, rather it was the fact of investing money to earn more money. That is, my fear was losing what I invested and not being able to get anything back.

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When I entered the world of cryptocurreny, I suspect that how digital currency will benefit me? But soon I realized that technology have evolved alot and now these online currencies have occupied the market with its enormous benefits in daily life. I have also heard about losses in cryptocurreny so that's my biggest fear of doing investment.


"An Investment In Knowledge Always Pays The Best Interest"🌼

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