Arguments for potential decline of crypto

[Starmix]

There are arguments for the potential decline of crypto and these are the following: 1. Volatility: Cryptocurrencies are notoriously volatile, experiencing significant profit fluctuations that can deter investors and make it difficult to use them for everyday transactions. 2. Regulation: Governments around the world are still grappling with how to regulate cryptocurrencies, which could lead to restrictions or bans that hinder their growth. 3. Security concerns: cryptocurrencies are vulnerable to hacking and fraud, which can erode trust and discourage adoption. 4. Lack of intrinsic value: unlike traditional currencies backed by government or commodities, cryptocurrencies lack inherent value. Their value is derived solely from market demand and speculation, making them susceptible to bubbles and crashes.

What can you add?

 

[Nomad]

All of these arguments are baseless. Every market is volatile, it is not just crypto market. Crypto is more secured than fiat currencies

 

[Starmix]

Let us hope that these arguments are baseless to inspire users of crypto. Crypto users dream of becoming wealthy through it.

 

[King Belieal]

There is no way in this world that crypto would decline. It would rather get stronger and be more adopted.

 

[Suba]

Arguments like this are often made by anti-crypto people, to unsettle crypto users and discourage new crypto users. Fiat money is also vulnerable to fraud, pickpocketing, robbery, hacking via WhatsApp against mbanking etc.

 

[Fidelia]

Any analysis that predicts that crypto would decline is done by hungry analysts that don't know anything about how assets markets operate.

 

[Starmix]

Analysts are experts. They have surpassed many experiences related to crypto. They are not ordinary investors. They are wealthy people highly respected by the veteran investors.

 

[Suba]

Analysts are experts. They have surpassed many experiences related to crypto. They are not ordinary investors. They are wealthy people highly respected by the veteran investors.

You are right, unfortunately not all experts, famous people like crypto seriously, they deliberately spread FUD to trick crypto layment into panic. In fact, spreading FUD must be an expert, experienced and famous so that people will be easily influenced.

 

[Starmix]

You are right, unfortunately not all experts, famous people like crypto seriously, they deliberately spread FUD to trick crypto layment into panic. In fact, spreading FUD must be an expert, experienced and famous so that people will be easily influenced.

You're so right not all experts are famous like cryptocurrency the inventor of it is supposed to be famous and a top notch expert but seriously, it's unknown. People rely only on the findings of the experts before they embark their potential capital he he.

 

[Xtynehappy]

I always don't understand why most countries and more especially the poor to the third world countries are really have problem with the adoption of the cryptocurrency for sure.