Post
Topic
Board Bitcoin Discussion
Re: Too many speculators in the cryptospace?
by
MiiDoViic
on 25/12/2018, 22:01:02 UTC
Seeing the usual conversations in this forum and in others related to the cryptocurrency issue, as well as the groups on Facebook, Telegram and others, it seems that most of those interested in this field have no other interest than making easy and fast profits.

And I think this is something that has negatively impacted the market, because it has driven the high volatility in the prices of cryptocurrencies, regardless of how serious each project is: investors are always willing to sell their tokens at the first opportunity, instead of supporting the cryptos as a technological development with long-term potential.

Do you agree with the speculation without limits?
Most people who joined the crypto craze last year during the bullrun ,were just looking to get a quick and easy bite from the pie . Besides no one is ready to sacrifice his money just because he believes in the technology .
Being rational and seing that 90% of people in the crypto space are traders and opportunists , makes it way harder for you to hold or be optimistic about certain projects. So your mentality quickly get shaped accordingly with the community and I don't think that's a very bad thing for you , but for sure a negative outcome for cryptocurrencies.