Post
Topic
Board Trading Discussion
Re: Why are people afraid to invest in cryptocurrency?
by
Early2000sThrowback
on 30/06/2018, 12:33:55 UTC
Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.

I thiink that many people are not investing in cryptocurrency because this field is very volatile and nobody wants to lose their investment fast. Sure, cryptocurrency allows you to earn money, but it also provides many traps where it will take your money away from you. One of the best methods you can make your investment is to take a look on underlying technology that the project has. If technology is good and it solves something then you can definitely invest in it. Take a look for exmaple on the project Cryptics, I have invested in it recently, these guys solve one big problem in crypto trading world - they create the price forecasts for different cryptocurrency pairs and there's no similar competitor on the market.