Topic: Afraid of Cryptocurrency? (Read 180 times)
those who are afraid are people who do not know anything about the world of crypto, because if they lack knowledge about crypto would immediately feel fear by looking at unstable prices. but if we already know in depth I am convinced that the crypto will provide a good profit.
This post has been brought up so many times in different sections on the forum . You must scroll some pages before posting .
Anyways , simple answer to this question is that people are afraid to loose their money . They don't want their investment to go in vain and don't want to suffer any losses . Moreover , there are some people who are not investing and only doing services for it . They are afraid that their work will be of no use it bitcoin price drops and that is why they are scared of it.
Anyways , simple answer to this question is that people are afraid to loose their money . They don't want their investment to go in vain and don't want to suffer any losses . Moreover , there are some people who are not investing and only doing services for it . They are afraid that their work will be of no use it bitcoin price drops and that is why they are scared of it.
Because they don't understand it, it is easier to fear then to try and understand it. And even if you choose to believe it or not, crypto in general has a lot of hallmarks of a bubble.
Why are other people are afraid of joining cryptocurrency??
Because they have heard that many projects are scam which is right so we can not stop their negative response but I think time will come that they will be free from fear after familiarizing it.
To join the cryptocurrency, a person must have a reason for this. For example, he wants to make money. But no investment.
some of them are afraid of cryptocurrency because they do not have a clear knowledge of cryptocurrency, they only hear or read bad news about cryptocurrency without searching for sources or trying to figure out the truth.
Why are other people are afraid of joining cryptocurrency??
I think because of the negative news that they already saw and heard. The media are really has the biggest impact to all the establishment or other things promotions and advertisements. So in the past few days there are some news that typically affected or damages the cryptocurrency and it will be the cause why some other people had a bad description to it. Those people are absolutely felt scared to have involvement to it because of the scammers issues. That will be the reason why they are hesitate to adapting it.
Why are other people are afraid of joining cryptocurrency??
They afraid cause digital asset is intangible and they think this technology would not last for long. I believe there is nothing wrong from the way they thinking cause they never enter cryptocurrency and didnt even do research about the good things of cryptocurrency. I believe once they enter they will say yes for crypto, so the major problem is there is lack of education for cryptocurrency into society. frankly they are not afraid, it's just that education about crypto has not been good and average society not yet familiar with crypto. their fears grow worse when many of his ico scam and also make bad guys to create fraudulent businesses like ponzi and others.
Just a right information that make a person understand about crypto currency and also how to determine if it is a scam or not are some of tools that would make a person trust crypto currency, in order to earn this knowledge you can join a community that cater crypto currency currency discussion. Sure they will help you. Why are other people are afraid of joining cryptocurrency??
Because it's natural to be afraid of something new you don't know. Especially around the cryptocurrency there are many opinions, someone claims that this is the future, and someone says that this is a bubble that is about to burst. We need to give people information about cryptocurrency, explain why it is good and why they should not be afraid to use it. 
Why are other people are afraid of joining cryptocurrency??
Some reasons behind that, - The hacked case
- The volatility
- Lack of knowledge and education
- They are thinking this as fraud but in fact, it's not
- They are still thinking traditional system still safe
There are so many reasons for that but the regulation should become the primary reason how the majority of them afraid to join in the crypto. Consider there is no guarantee for that
frankly they are not afraid, it's just that education about crypto has not been good and average society not yet familiar with crypto. their fears grow worse when many of his ico scam and also make bad guys to create fraudulent businesses like ponzi and others.
They're not some people are just hesitant to jump it due to the fact they can't really understand what's behind the innovation and future of crypto currency they don't want to embrace change and some are those who simply JUST HATE IT, cause they cant control it.
In My opinion a lot is really afraid in the unknown and people that doesn't have any knowledge with Cryptocurrency would like to really take their silent regarding this, Or maybe they are afraid of scammers that are using bitcoin, And many in the main stream media that doesn't aware with bitcoin would lump bitcoin with such scammers although bitcoin really is a currency.
Well people are afraid to join crypto world just because they won't want to lose their money. The crypto market is really too volatile, and it means the investment may sink anytime. Now regulatory measures, FUD, bad news surrounding the crypto are fueling their fear. Once the market becomes stable, and scams will subside, the market will have more investors
It depends on the country, on the region of living, and the general situation with the financial and political system in the country. But in whole everyone is afraid of being frauded... bucause lots of negative situation happens very often for the last period. It doesn't give a good reputation for crypto. And lots of people are afraid to invest. But many people still do this and buy coins, they trade and so on.
This sphere isn`t for cowards..
Unless you dare properly, you will stay the same, at break even..
Proper reward comes to those who dares..
Unless you dare properly, you will stay the same, at break even..
Proper reward comes to those who dares..
Some people are really afraid to have involvement to crypto because they know how risky it has because of it's volatility. The ups and down in the cryptomarket are maybe the main reason why other people are hesitating to involve here. They don't want to undergo for many risk that they may able to encounter in here. However, they think only negative side. I think the main problem to those people is there are lack of knowledge about this system, on how it flow and what will be the positive things that it can gives to them.
Free will means you have the choice to do what you wish.
If you're afraid of cryptocurrencies don't invest your money in ICOs or alts.
But there is another way, join a bounty campaign, and do the tasks asked.
You can make some free coins, that you can invest, if you wish, without being afraid to lose your fiat money.
It is also a choice, many here in this forum actually do the same thing.
If you're afraid of cryptocurrencies don't invest your money in ICOs or alts.
But there is another way, join a bounty campaign, and do the tasks asked.
You can make some free coins, that you can invest, if you wish, without being afraid to lose your fiat money.
It is also a choice, many here in this forum actually do the same thing.
they fear if the moment when they enter the crypto world, prices fall and they are afraid of losing their money. that is a fundamental reason for anyone who is still unsure of the crypto world. prices are unstable and sometimes fall so fast, although the rise can also be fast.
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