Quote from: cryptothreads on July 05, 2018, 01:59:04 PM

Quote from: imadmirer on July 02, 2018, 06:33:28 PM

Honestly, many people seek cryptocurrency more because of its volatility. Whether they do it consciously or not, they wish to make large money quickly. This can happen only with a volatile market. Further, we find a lot of newbies even in this forum feeling bad that they lost money or they could not make money as value of BTC has not risen much especially with the expectations being high after the 2017 last quarter. Seeking such profits is not bad but before investing I feel there is a need to prioritize the needs that could be fulfilled with such an investment as BTC especially if you are looking to make money soon rather than keep BTC as a long term investment.

This very motivation and idea behind the investment will speak volumes on the reaction of the investors once the market is down. Strangely, many people do not sell when the market price is high and even when their purpose of investment will get fulfilled. They wait for the price to soar even higher. And if the value starts trickling down, they still hodl and wait for the price to move beyond the point where it had last peaked high. But again, when the market is in a steep downfall, instead of buying, many people will start panic selling and end up in loses. Many a time we find this even in the new threads and discussions even within our forum.

So what it is that makes you invest in crypto? Is it because it caught your fancy? Is it the volatility? Is it because there is a need to fulfil in your life? IS it because you are a day-trader? Or is it fun?

I participate in this market with the money I earn from work. I can freely participate in ICO projects or trade on exchanges without experiencing too much psychological problems. I think this market has given me a passive profit and I can know how to manage my capital adequately so that it does not hurt my family. If you invest in Crypto, it is best not to borrow money from others as it will only cause you to lose money

I like the online trading and investment system which is a better system availability to make money from home. This modernism of market is a better benefit for all of us because it was very hard and is still very hard to make more money with traditional businesses but is possible in the crypto market using your knowledge. Modernism is expanding more and more with the passage of time as many other countries are recognizing it.