Post
Topic
Board Bitcoin Discussion
Re: What scares you the most?
by
Getmon
on 04/11/2019, 03:06:41 UTC
This fun picture got me thinking. https://imgur.com/2GwIL5Y

What are your biggest fear in crypto?
As for me, it's losing my private keys by accident. I know that the risk is minimal, but the thought of it makes me anxious from time to time. Also, I'm afraid that BTC dumps during the transaction.

Waking up one morning and knowing that the whole cryptocurrency market went down to nothing?
Or maybe finding out that all your crypto (or your private keys) was stolen or lost somehow?

By the way, Happy Halloween!

My biggest fear is of course when crypto will suddenly die. But I am not thinking so much of my fears. Actually, I don't think of the negative things that could happen to my cryptocurrency involvement. Most of my fears are baseless and so I don't give much attention to it. Crypto may die but there is no reason at all why it will, not tomorrow, not even in the next 5 to 10 years.

That's all our biggest fear when cryptocurrency died, but, so far now, it is very impossible, so let us not think of this as it will just stress out ourselves, crypto will still be there and will continue to develop, we just need some patience in order for the adoption to be widely accepted.

For most traders, their fear is to get Rekt, when they forgot to do stop loss, for bounty hunters, to get scam, for most of us, we do have different fear, but life must goes on no matter what.
When price drop make many investor afraid will their investment assets back to higher price or not, maybe you have the same situation with beginner with bitcoin and altcoin trader, very worried when looking coin invested have lower price. They will sell soon if do not have discussion in bitcoin investment forum and many investor keep waiting because have know with situation in investment of bitcoin and altcoin.

A price drop is not something to be feared anymore. When I was a beginner way back several years ago, I always feel fear when the prices are falling. I would immediately think that the market is dying. But I got used to the movements of the market. For as long as everything looks normal, a price drop is not to be feared but to be grabbed as an opportunity.