Topic: Reasons why regular people are afraid to invest in Crypto - page 14. (Read 2799 times)
Sure, if banking sector of countries key into the world of cryptocurrencies, people won't be afraid of investing into it because central banking authority will take up the responsibility of educating the entire public about the benefits in cryptocurrency and also make it safe for them to invest in.
Hi guys.
In most countries poeple don't get the opportunity to invest in Crypto due to country policy.
However some countries who have the opportunity of crypto policy free are afraid to invest.
Some people just don't have the courage and are not willing to take such risks of investing in crypto, while others find it difficult to purchase crypto using there credit cards or master Cards 💳.
I believe that crypto will have more regular people investing if it was integrated with the Banking payments system.
Do you think so too?
Leave your comment
Maybe, it is primarily due to the negative feedbacks and news that they are hearing from other people who did not succeed in cryptoindustry. Also, it is because of the risk of losing profit since cryptos are investments at the same time which means the market value might increase and give profit but also decrease and result to huge profit loss. But once they are more awared, they will no longer be afraid. In most countries poeple don't get the opportunity to invest in Crypto due to country policy.
However some countries who have the opportunity of crypto policy free are afraid to invest.
Some people just don't have the courage and are not willing to take such risks of investing in crypto, while others find it difficult to purchase crypto using there credit cards or master Cards 💳.
I believe that crypto will have more regular people investing if it was integrated with the Banking payments system.
Do you think so too?
Leave your comment
why regular people are afraid? why do you think so?
regular people don`t invest at all
investors do invest in ICO, TRON as an example
regular people don`t invest at all
investors do invest in ICO, TRON as an example
Yeah you have good points but I don't think the banking system would work well with bitcoin payment or transactions. Why would they want to support a technology that is capable of making them lose their relevancy?
The government's disapproval of cryptocurrency cannot affect people's ability to invest in it. It all depends on the desire. Of course, another obstacle is the fear that arises in people because of what they consider crypto dangerous. I think that many people understand the prospect of crypto, but simply cant decide and perhaps the approval of the government will inspire them confidence.
I believe that people now do not invest in ICO because of the fall of the market and I think that Bank payments do not affect investors. and if the country has banned cryptocurrency or legalized it has little effect on the number of investors
That's right. Most people are afraid to invest in cryptocurrency for two reasons only. Firstly, it is not yet legalized in most countries .
And secondly, there is no stability on the cryptocurrency market at the moment.
And secondly, there is no stability on the cryptocurrency market at the moment.
In my opinion it should be very easy way to buy any crypto:
For example I have cash and I want to buy some bitcoins or other coins:
I go to shopping center and use some ATM to buy it for cash.
At the moment it is easy to buy crypto with credit card. For eacmple you can buy it on Myetherwallet.com site and more options are on the way.
For example I have cash and I want to buy some bitcoins or other coins:
I go to shopping center and use some ATM to buy it for cash.
At the moment it is easy to buy crypto with credit card. For eacmple you can buy it on Myetherwallet.com site and more options are on the way.
Many simply fear the unknown. It takes time to understand all this, because it is something new for them. I think that after crypto gets the approval of many governments, then people will treat it with more trust.
I didn't have time to think about that. In my opinion, it's good if it's integrated with Banking. But of course we as crypto users will be subject to income tax. The tax is not necessarily what the amount is. So, if you want to be legalized by the government and integrated with banking, you certainly have to be prepared with new crypto rules that will emerge later.
A few points to consider:
- Crypto is considerably still new.
- Many population groups are afraid or are not open to change due to cultural up bringing and beliefs.
- Lack of education or information.
- Government position on crypto.
- Afraid to take risks or just simply lazy to find and grab opportunities.
- Crypto is considerably still new.
- Many population groups are afraid or are not open to change due to cultural up bringing and beliefs.
- Lack of education or information.
- Government position on crypto.
- Afraid to take risks or just simply lazy to find and grab opportunities.
people afraid to invest in cryptocurrency because they don't like something new and complex. for most of them the best way to invest is to make a deposit to the bank.
I think the integration of cryptocurrencies with the banking payment system will have a beneficial effect on the distribution and promotion of cryptocurrencies.
This method of promotion is relevant in the early stages of the crypto industry. But the very essence of the crypt is to get rid of banks and intermediary schemes.
This method of promotion is relevant in the early stages of the crypto industry. But the very essence of the crypt is to get rid of banks and intermediary schemes.
Well, regular people are afraid to invest in crypto its because of the circulations of market price which its hard to earned instantly not just like before were cryptocurrency are fresh and not so manipulated others.
I think we will have to wait for the global recognition of cryptocurrencies and their integration into the banking system for a long time. Now we hear a lot of controversial news about cryptocurrencies, some countries (such as Japan and Australia) are actively integrating cryptocurrencies into the traditional system, in turn, such as Korea and Syria - are prohibited. In this regard, it seems to an ordinary person that cryptocurrencies are something very unstable, so it is dangerous to invest in it.
When it comes to investment, then when you would tend or plan to get in? You are waiting for long if you do rely on such decision or adoption.You are putting yourself into the last. Security is there but chances on making money when markets tends to boom out would be surely missed and you will end up on regretting.Its just really a matter of risk actually and its your choice on how you would utilize the possible chances.Due to volatility and uncertain assurance of legality it isnt really avoidable for us to be afraid.
They are afraid to invest in cryptocurrency because they have not realized that cryptocurrency is worth it. They have little knowledge about
cryptocurrency. Its high time they get the full knowledge about cryptocurrency.
cryptocurrency. Its high time they get the full knowledge about cryptocurrency.
For me they are afraid because they can't take the risk of investing into crypto, i think because of the bad news of it due to scams or bitcoin market fall and also not all best opportunity are grab by people.
Although many countries do not have favorable policies for cryptos, very few are those that prohibit them directly, the only one that occurs to me is China, but that is a special case because they are prohibiting many other things as well, so I do not think it is an influence as great as the others you mentioned.
Hi guys.
In most countries poeple don't get the opportunity to invest in Crypto due to country policy.
However some countries who have the opportunity of crypto policy free are afraid to invest.
Some people just don't have the courage and are not willing to take such risks of investing in crypto, while others find it difficult to purchase crypto using there credit cards or master Cards 💳.
I believe that crypto will have more regular people investing if it was integrated with the Banking payments system.
Do you think so too?
Leave your comment
Life isn't balanced and every opportunity wont really be possible on each citizen on each country.In most countries poeple don't get the opportunity to invest in Crypto due to country policy.
However some countries who have the opportunity of crypto policy free are afraid to invest.
Some people just don't have the courage and are not willing to take such risks of investing in crypto, while others find it difficult to purchase crypto using there credit cards or master Cards 💳.
I believe that crypto will have more regular people investing if it was integrated with the Banking payments system.
Do you think so too?
Leave your comment
Positive with Crypto = Heavy regulation into their country = Hardship on purchasing crypto.
Negative with Crypto = Neutral or completely legal = They have the opportunity to buy but because the lack of knowledge towards it will really give out some hesitance to purchase.
Hi guys.
In most countries poeple don't get the opportunity to invest in Crypto due to country policy.
However some countries who have the opportunity of crypto policy free are afraid to invest.
Some people just don't have the courage and are not willing to take such risks of investing in crypto, while others find it difficult to purchase crypto using there credit cards or master Cards 💳.
I believe that crypto will have more regular people investing if it was integrated with the Banking payments system.
Do you think so too?
Leave your comment
In most countries poeple don't get the opportunity to invest in Crypto due to country policy.
However some countries who have the opportunity of crypto policy free are afraid to invest.
Some people just don't have the courage and are not willing to take such risks of investing in crypto, while others find it difficult to purchase crypto using there credit cards or master Cards 💳.
I believe that crypto will have more regular people investing if it was integrated with the Banking payments system.
Do you think so too?
Leave your comment
There is projects looking into that direction. Savedroid has some bad press with an ill advised marketing stunt but they basically offer a mobile app for crypto savings, where no further technical knowledge about blockchain is needed. I am sure if they don`t get traction quickly there will be other projects working in that direction. Also more instruments are needed, to spread you blockchain investment to a number of projects. Aiming for a single big winner might be risky.
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