Category: Cultura financiera

Facing the fear of “what people will say” about your cryptocurrency investments

Facing the fear of “what people will say” about your cryptocurrency investments

Fear of social rejection is a powerful factor that can inhibit people from expressing their opinions and sharing their experiences, especially when it comes to financial topics such as cryptocurrency investments.

In the case of social media, this fear is further intensified due to the public nature of these platforms. Every “like,” comment or interaction leaves a digital trail that can be visible to a wide network of friends and followers.

For many cryptocurrency enthusiasts, this creates a psychological barrier that prevents them from openly sharing their interest in this area. They fear being judged, criticized or even ridiculed by those close to them, which can lead them to silence themselves and hide their involvement in the world of cryptocurrencies.

The consequences of silence

This silence has a negative impact on the crypto community at large. By not sharing their experiences and knowledge, reluctant investors limit the growth and adoption of cryptocurrencies. In addition, companies operating in this sector are deprived of support and recognition from their own customers, which hinders their development and expansion.

What to do if you find yourself in this situation?

If you feel identified with this fear of “what will they say” in relation to your cryptocurrency investments, it is important for you to know that you are not alone. Many other enthusiasts have gone through the same situation and have found a way to overcome it. Here are some tips that can help you:

  • Inform yourself and make your own decisions:

    It is essential that you do your own research and analysis before investing in any asset, including cryptocurrencies. Don’t be swayed by the opinions or recommendations of others without first carefully evaluating the information and considering the risks involved.

    • Trust your own judgment:

    No one has the right to think or decide for you. Your money, your time and your decisions are yours and only you should be responsible for them. Don’t let fear of rejection stop you from making the decisions you believe are right for your financial future.

    • Exercise your freedom of expression:

    Social networks are a space to share ideas, experiences and opinions. Do not censor yourself for fear of criticism. Share your interest in cryptocurrencies in a responsible and respectful way, always based on verified information and avoiding promoting imprudent investments.

    • Surround yourself with like-minded people:

    Look for online communities or local groups where you can connect with other cryptocurrency enthusiasts. In these spaces you will find support, information and the opportunity to share your experiences without fear of being judged.

    • Be an example to others:

    By sharing your experience openly and honestly, you can inspire others to overcome their fears and explore the world of cryptocurrencies responsibly. Remember that your voice and your experience are valuable to the community.

    Freedom of speech and thought is fundamental.
    Do not allow fear to silence you.
    Inform yourself, make your own decisions and trust your judgment.
    Surround yourself with like-minded people and set an example for others.

    Share your experience responsibly and respectfully.

    By overcoming the fear of “what people will say” and openly sharing your interest in cryptocurrencies, you contribute to the growth and adoption of this sector, as well as inspire others to take control of their financial future.

    Disclaimer: The information set out herein should not be taken as financial advice or investment recommendations. All investments and trading involve risk and it is the responsibility of each individual to do their due diligence before making any investment decision.

    VC blockchain and crypto funding rises in Q4 2023: Report

    VC blockchain and crypto funding rises in Q4 2023: Report

    The growing interest of financial institutions in crypto is attributed to the launch of the first spot Bitcoin ETFs in January, according to a report from PitchBook.

    Venture funding for crypto-related companies totalled $1.9 billion in the fourth quarter of 2023 — a 2.5% increase from the third quarter — according to a report from PitchBook. It marks the first-time venture capital (VC) investments in crypto startups have risen since March 2022.

    PitchBook highlighted that the major crypto ventures securing funding primarily center around financial and technological solutions. These include tokenizing real-world assets on the blockchain, such as real estate and stocks, and building decentralized computing infrastructure.

    Some prominent fundraises in the quarter involved crypto exchanges Swan Bitcoin and Blockchain.com, which secured $165 million and $100 million, respectively.

    Screenshot of crypto early-stage VC deals in Q4 2023.
    Source: PitchBook

    The most significant deal of the quarter involved a $225 million investment in Wormhole, an open-source blockchain development platform. Supported by Coinbase Ventures, Jump Trading and ParaFi Capital, the company acquired a valuation of $2.5 billion.

    The increased interest in crypto from financial institutions can be attributed to the launch of the first spot Bitcoin exchange-traded funds (ETFs) in the United States in January, according to PitchBook’s report.

    In the first quarter of 2023, crypto firms secured $2.6 billion in 353 investment rounds, according to PitchBook’s Q1 Crypto Report. The report showed an 11% decline in deal value from the previous quarter and a 12.2% decrease in total deals. Furthermore, the quarter marked the lowest capital investment in the space since 2020.

    The crypto industry faced challenges in 2022, with market difficulties reflected in reduced venture capital funding for blockchain and crypto sectors. Following the peak at $11 billion and 692 deals in the initial four months of 2022, VC investment steadily declined in subsequent quarters.

    Various factors led to decreased crypto and blockchain-related VC funding in 2022, including the collapse of the Terra ecosystem in May 2022, resulting in the bankruptcy of cryptocurrency lending firms Three Arrows Capital and Celsius.

    The FTX collapse in November 2022 intensified market volatility, and broader global economic factors, such as increased interest rates and inflation, also contributed to the decline in venture capital investments.

    In 2023, the crypto industry saw a turnaround, with stories of adoption worldwide and major TradFi institutions like BlackRock entering the crypto space.

    Source: Cointelegraph

    Disclaimer: The information set out herein should not be taken as financial advice or investment recommendations. All investments and trading involve risk and it is the responsibility of each individual to do their due diligence before making any investment decision.

    CryptoBoom with EurocoinPay, Token City and Stabolut

    CryptoBoom with EurocoinPay, Token City and Stabolut

    In this article we leave you the link to the TV programme Nación Innovación, presented by Chema Nieto and dedicated to boosting the innovative ecosystem, which was broadcast live on 15 January 2024 at 14:00.

    The programme featured Herminio Fernández (CEO of EurocoinPay), Eneko Knörr (Co-founder of Stabolut) and Rocío Álvarez (Partner & CMO at Token City) and the main topic was the current situation of bitcoin and cryptocurrencies.

    Source: Nación Innovación

    Disclaimer: The information set out herein should not be taken as financial advice or investment recommendations. All investments and trading involve risk and it is the responsibility of each individual to do their due diligence before making any investment decision.