In the past years in this cryptocurrency project many of has experienced had I know especially me because of some cryptocurrency project I missed to participate because of fear and doubt, as a person if you begin to look at the risk and what you have lost in the digital world you Will never get yourself involve in new crypto currency forgetting that life itself is a risk. What then is your fear in crypto?
Crypto gives us a big opportunity but with a very big risk ratio. I actually avoid new projects and invest in an old project that is already well trusted in the market. I fear that team will go inactive and they can not keep up with their roadmap. Also, whales price manipulation is also another thing I fear when I trade with a market. One dump can cut our portfolio into half.
There are new crypto currencies everyday and one of the factors affecting my anxiety about this is the consistency and volatility of the new currencies. There are instances that 3 days beyond the release of a new currency, its value changes from high to low or vice versa and what if I bought a lot of it because it is good and has a high value but when I am ready to sell it the value changes? I am really afraid because of the shortened period of its value span that's quickly changes.