Topic: Can this be the reason some people are afraid to invest in Bitcon? (Read 1281 times)
October 16, 2022, 02:44:25 AM
People will be afraid of cryptocurrency because of their personal reasoning of decoding what is cryptocurrency and what they understand by bitcoin, so many of them have different way of understanding that, so that's what we should have in mind to explain or State the reason why people is afraid of bitcoin. So Bitcoin is something we have to know that people don't what to lose they money because they have noticed that the price of Bitcoin is not constant. So people became afraid of Bitcoin of the price not be constant.
October 18, 2022, 07:02:05 AM
I think people are often afraid of the unknown or rather don't understand or don't know at all, it's normal human nature and for other reasons maybe they also know more about bitcoin or crypto scams and a lot of people go bankrupt which is actually all of that wrong.
and as long as there are pros and cons such things will remain, but let it be because bitcoin users continue to grow and develop and also continue to be popular. And this will prove to them because they misjudged bitcoin which in the end they regretted it, and we can't blame them because it's their right because they don't understand it.
and as long as there are pros and cons such things will remain, but let it be because bitcoin users continue to grow and develop and also continue to be popular. And this will prove to them because they misjudged bitcoin which in the end they regretted it, and we can't blame them because it's their right because they don't understand it.
October 18, 2022, 06:40:38 AM
To be fair, I think the reason most people are afraid is because they hear more often the stories of failures and scams rather than the ones of success. And I think to be objective also, more people have probably lost money and time with crypto than made profit -- that's the price of reacting to hype and fomo. That's not the fault of Bitcoin, it's the fault of altcoins, and the greed that motivates most people.
The basic understanding of money and greed that should underlie any motivations is missing. That's the reason people are afraid.
The basic understanding of money and greed that should underlie any motivations is missing. That's the reason people are afraid.
October 18, 2022, 06:30:21 AM
The pyramids have been a big influence in this paranoia. Since most of these structures are concentrated, it is in the field of crypto exchanges. But now it is becoming easier to recognize such phishing projects on the Internet, so more and more people are no longer afraid of this. This makes me happy.
October 17, 2022, 10:16:48 PM
The typical human mind initially considers the fictitious drawbacks and rejects the possibility of another type of money.
Such is meant to happen but for only the timid ones who fear enough from taking risk by giving a try, here they want a change but don't want to be involved in the change system.
However, a growing number of individuals are visiting exchanges like Binance, Primexbt, Kraken, etc.
Nothing bad in visiting those sites but investing with them is the worst risk, centralized exchanges are like banks in disguise.
People are afraid because they were taught to be afraid as child.
Who taught them to be afraid? That means they are yet to know anything about bitcoin if they are truly afraid.
Indeed, I have also been afraid of being scared by someone. and that person forbade me that is with the aim that I do not invest in bitcoin.
But after being investigated, it turns out that he doesn't know anything about bitcoin. and until finally I looked for information on the internet about bitcoin, and finally I decided to join the bitcointalk forum, and finally I understood about bitcoin and finally I invested in bitcoin.
October 17, 2022, 09:40:33 PM
We can see it also from the people around us.
Most of them are afraid to invest in Bitcoin surely because of the FUD or egative news by the media. You know how Medica can make something to be worse ever right? that is why many people trust more media moreover the national media.
Additionally, they are also not sure about the investment in Bitcoin because they think that BTC is not real, only a number in digitalization. That this may make Bitcoin lost ever.
They also still think about how can invest in something not real, without any backup behind the number.
Media has a big role to spread information and awareness to people but we cant guarantee that all of these informations are facts and not bias. If they spread negative things about crypto this can affect the mindset of the people (specially those only relying on news and dont have internet to verify the information).Most of them are afraid to invest in Bitcoin surely because of the FUD or egative news by the media. You know how Medica can make something to be worse ever right? that is why many people trust more media moreover the national media.
Additionally, they are also not sure about the investment in Bitcoin because they think that BTC is not real, only a number in digitalization. That this may make Bitcoin lost ever.
They also still think about how can invest in something not real, without any backup behind the number.
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Just like before, wherein Bitcoin is used here as a tool of scammers to scam other people. Even Bitcoin is not scam and only use as tool, it has a negative impact to its image and people who have lack of knowledge and didn't not even bother to investigate further have this impression to Bitcoin as scam. Well, we really cant please everyone to believe, because if these people are interested they will do something to know the facts.
people tend to believe in what can bring them big profit and this is why bitcoin is commonly used as scamming tools but without greed and stupidity? i think there is always small chance for us to become victim. October 15, 2022, 01:54:45 PM
The typical human mind initially considers the fictitious drawbacks and rejects the possibility of another type of money. However, a growing number of individuals are visiting exchanges like Binance, Primexbt, Kraken, etc. People are afraid because they were taught to be afraid as child. This is, unfortunately, what the educational system does.
I am also a victim. Wish I had joined this forum earlier.
I am also a victim. Wish I had joined this forum earlier.
the reason people are afraid to invest in bitcoin is because they are afraid of losing, and because the value of bitcoin is unstable
not because of education, even when I was in school, the educators taught me to invest from an early age so that in old age I don't think about work anymore for a bite of rice, where old age is the time to reap the rewards of our investment
October 15, 2022, 09:18:37 AM
The typical human mind initially considers the fictitious drawbacks and rejects the possibility of another type of money. However, a growing number of individuals are visiting exchanges like Binance, Primexbt, Kraken, etc. People are afraid because they were taught to be afraid as child. This is, unfortunately, what the educational system does.
I am also a victim. Wish I had joined this forum earlier.
I am also a victim. Wish I had joined this forum earlier.
the reason people are afraid to invest in bitcoin is because they are afraid of losing, and because the value of bitcoin is unstable
not because of education, even when I was in school, the educators taught me to invest from an early age so that in old age I don't think about work anymore for a bite of rice, where old age is the time to reap the rewards of our investment
October 15, 2022, 03:09:57 AM
We can see it also from the people around us.
Most of them are afraid to invest in Bitcoin surely because of the FUD or egative news by the media. You know how Medica can make something to be worse ever right? that is why many people trust more media moreover the national media.
Additionally, they are also not sure about the investment in Bitcoin because they think that BTC is not real, only a number in digitalization. That this may make Bitcoin lost ever.
They also still think about how can invest in something not real, without any backup behind the number.
Because negative news from the government and famous celebrities in the countries where they live may also be a serious consideration for everyone who wants to invest in bitcoin, sometimes there are also billionaires who are not at all interested in bitcoin even they post negative things about bitcoin like Gates' post last month he said the way cryptocurrencies work today allows for criminal activity, he also said the world is much better without crypto, but for those of us who have felt comfortable in investing in bitcoin, we will never leave bitcoin for any reason. Most of them are afraid to invest in Bitcoin surely because of the FUD or egative news by the media. You know how Medica can make something to be worse ever right? that is why many people trust more media moreover the national media.
Additionally, they are also not sure about the investment in Bitcoin because they think that BTC is not real, only a number in digitalization. That this may make Bitcoin lost ever.
They also still think about how can invest in something not real, without any backup behind the number.
October 15, 2022, 02:18:21 AM
Yes, fear has made many people to concluded that investing in Bitcoin is a scam some years ago, because their government did not give them the opportunity to know what Bitcoin is all about to humanity.
It's not up to the government to let them know or have a go signal to study bitcoin. Everyone is free since then up to this moment if they're going to learn about bitcoin, yeah, just learn about it without the requirement of investing in it on an instant.I guess, those countries that made Bitcoin legal in their countries some years ago are doing well in all areas of their economy, and their bitcoiners are no longer afraid to make Bitcoin their choice in this bear season, which is a precious season to those that will use the opportunity to buy Bitcoins and hold for future purpose.
They've just seen how good bitcoin is and they understand what it is. Because before, they haven't seen such technology and cryptocurrency that can empower people and at the same time contribute to an economy. sr. member
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October 15, 2022, 01:38:08 AM
The typical human mind initially considers the fictitious drawbacks and rejects the possibility of another type of money. However, a growing number of individuals are visiting exchanges like Binance, Primexbt, Kraken, etc. People are afraid because they were taught to be afraid as child. This is, unfortunately, what the educational system does.
I am also a victim. Wish I had joined this forum earlier.
I am also a victim. Wish I had joined this forum earlier.
Unfortunately, schools don't provide knowledge of marketing and dealing with stocks.
Only business degrees start to unveil the truth that many people thought of a big deal.
Ads of these companies above you mentioned, Binance, etc have their ads running on youtube, which are good in my opinion.
Again but having a hardware wallet is better than having running one on the internet all the time.
October 14, 2022, 10:33:12 AM
The typical human mind initially considers the fictitious drawbacks and rejects the possibility of another type of money. However, a growing number of individuals are visiting exchanges like Binance, Primexbt, Kraken, etc. People are afraid because they were taught to be afraid as child. This is, unfortunately, what the educational system does.
I am also a victim. Wish I had joined this forum earlier.
I am also a victim. Wish I had joined this forum earlier.
the reason people are afraid to invest in bitcoin is because they are afraid of losing, and because the value of bitcoin is unstable
not because of education, even when I was in school, the educators taught me to invest from an early age so that in old age I don't think about work anymore for a bite of rice, where old age is the time to reap the rewards of our investment
October 13, 2022, 11:55:07 PM
Yes, fear has made many people to concluded that investing in Bitcoin is a scam some years ago, because their government did not give them the opportunity to know what Bitcoin is all about to humanity. I guess, those countries that made Bitcoin legal in their countries some years ago are doing well in all areas of their economy, and their bitcoiners are no longer afraid to make Bitcoin their choice in this bear season, which is a precious season to those that will use the opportunity to buy Bitcoins and hold for future purpose.
October 13, 2022, 10:51:40 PM
We can see it also from the people around us.
Most of them are afraid to invest in Bitcoin surely because of the FUD or egative news by the media. You know how Medica can make something to be worse ever right? that is why many people trust more media moreover the national media.
Additionally, they are also not sure about the investment in Bitcoin because they think that BTC is not real, only a number in digitalization. That this may make Bitcoin lost ever.
They also still think about how can invest in something not real, without any backup behind the number.
Media has a big role to spread information and awareness to people but we cant guarantee that all of these informations are facts and not bias. If they spread negative things about crypto this can affect the mindset of the people (specially those only relying on news and dont have internet to verify the information).Most of them are afraid to invest in Bitcoin surely because of the FUD or egative news by the media. You know how Medica can make something to be worse ever right? that is why many people trust more media moreover the national media.
Additionally, they are also not sure about the investment in Bitcoin because they think that BTC is not real, only a number in digitalization. That this may make Bitcoin lost ever.
They also still think about how can invest in something not real, without any backup behind the number.
Just like before, wherein Bitcoin is used here as a tool of scammers to scam other people. Even Bitcoin is not scam and only use as tool, it has a negative impact to its image and people who have lack of knowledge and didn't not even bother to investigate further have this impression to Bitcoin as scam. Well, we really cant please everyone to believe, because if these people are interested they will do something to know the facts.
October 13, 2022, 05:57:10 PM
We can see it also from the people around us.
Most of them are afraid to invest in Bitcoin surely because of the FUD or egative news by the media. You know how Medica can make something to be worse ever right? that is why many people trust more media moreover the national media.
Additionally, they are also not sure about the investment in Bitcoin because they think that BTC is not real, only a number in digitalization. That this may make Bitcoin lost ever.
They also still think about how can invest in something not real, without any backup behind the number.
Most of them are afraid to invest in Bitcoin surely because of the FUD or egative news by the media. You know how Medica can make something to be worse ever right? that is why many people trust more media moreover the national media.
Additionally, they are also not sure about the investment in Bitcoin because they think that BTC is not real, only a number in digitalization. That this may make Bitcoin lost ever.
They also still think about how can invest in something not real, without any backup behind the number.
October 13, 2022, 05:15:37 PM
Negative mindset and easily influenced by the spread of FUD is a mindset that is owned by novice investors or traders. But those who already understand crypto and its risks, will be able to survive and not be easily influenced by negative sentiments that are trying to destroy crypto prices.
Negative mindset building not only by investing in cryptocurrency but also on real investment actually they don't have brave for investing and always think forward if their business failure and loss much investment. Before become investor whatever kinds between Bitcoin or real business preparing positive side from investing and preparing about risk later with losing is better than face reality later at Bitcoin investment have many FUD or bad news every time. If can't building with positive mindset when investing in Bitcoin actually some one not have chance to earn profit, just drop few percent have been panic to sell.The higher the risk, the higher the profit. Actually, the risks in the crypto market can be handled well if you understand the pattern or cycle of cryptocurrencies. Crypto investment is not for everyone, crypto is only for people who already understand and understand what they have to do.
Currently, the level of crypto users or crypto investors is increasing, and even the popularity of crypto money is able to compete with the stock market
This most important points why I liked investing in Bitcoin because higher risk get higher profit return later, different with real business or investing on property and gold because can't return higher profit in few months and need waiting several years later to get higher return profit in this kinds investment. Currently, the level of crypto users or crypto investors is increasing, and even the popularity of crypto money is able to compete with the stock market
October 13, 2022, 04:18:25 PM
The typical human mind initially considers the fictitious drawbacks and rejects the possibility of another type of money. However, a growing number of individuals are visiting exchanges like Binance, Primexbt, Kraken, etc. People are afraid because they were taught to be afraid as child. This is, unfortunately, what the educational system does.
I am also a victim. Wish I had joined this forum earlier.
I am also a victim. Wish I had joined this forum earlier.
People are generally afraid of what they don't know and unsure of.
Crypto is highly volatile and it takes one with a strong will to delve into it.
People are afraid they will lose money and you wouldn't blame them for that. You and I have had our own fair share of these loses, but yet, we are still in the cryptocurrency space.
we do already have the experience and awareness on how it do works then this is where fear would gradually be subside, and make up things and decisions whether we would continue ourselves to get involved or simply
wont really be touching it specially into those people who doesnt really like volatility in the first place.You would definitely get afraid on something which you hadnt experienced before
and since we are touching up money or investment then risk would be particularly needed.
October 13, 2022, 03:58:41 PM
The typical human mind initially considers the fictitious drawbacks and rejects the possibility of another type of money. However, a growing number of individuals are visiting exchanges like Binance, Primexbt, Kraken, etc. People are afraid because they were taught to be afraid as child. This is, unfortunately, what the educational system does.
I am also a victim. Wish I had joined this forum earlier.
Maybe it's a good thing to be afraid to invest in bitcoin, it's a natural protection. In my opinion, buying bitcoin is speculating. Investing means building apps on top of bitcoin or injecting capital into bitcoin startups. I am also a victim. Wish I had joined this forum earlier.
Just like on any investment, we can relate our feelings when we first started as we doubt ourselves if it will be profitable or not which is why we are very hesitant. However, once we took the risk, we will be able to overcome our doubts through the knowledge we acquire on every investment we take. I can personally attest to this as I was also very hesitant and doubtful before investing and trading crypto but through loss and gain, I was able to assess each situation with various experience I've learned along the way.
October 13, 2022, 02:57:20 PM
The typical human mind initially considers the fictitious drawbacks and rejects the possibility of another type of money. However, a growing number of individuals are visiting exchanges like Binance, Primexbt, Kraken, etc. People are afraid because they were taught to be afraid as child. This is, unfortunately, what the educational system does.
I am also a victim. Wish I had joined this forum earlier.
I am also a victim. Wish I had joined this forum earlier.
People are generally afraid of what they don't know and unsure of.
Crypto is highly volatile and it takes one with a strong will to delve into it.
People are afraid they will lose money and you wouldn't blame them for that. You and I have had our own fair share of these loses, but yet, we are still in the cryptocurrency space.
October 13, 2022, 02:36:50 PM
The typical human mind initially considers the fictitious drawbacks and rejects the possibility of another type of money. However, a growing number of individuals are visiting exchanges like Binance, Primexbt, Kraken, etc. People are afraid because they were taught to be afraid as child. This is, unfortunately, what the educational system does.
I am also a victim. Wish I had joined this forum earlier.
Maybe it's a good thing to be afraid to invest in bitcoin, it's a natural protection. In my opinion, buying bitcoin is speculating. Investing means building apps on top of bitcoin or injecting capital into bitcoin startups. I am also a victim. Wish I had joined this forum earlier.
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