Topic: Reasons why regular people are afraid to invest in Crypto - page 7. (Read 2799 times)
Most people do not intend to make investment in crypto because when we say crypto, they can see on their eyes that it is just a sort of pyramiding scam. Which is not right. We must learn to educate them about the new and more innovated digital currency. It can help them truly. We just need the courage and patience to teach them.
When it comes to investments many people are afraid to step forward mostly because there is a lot of negativism in media and they are gaining fear.
People are afraid simply because they don't know what to expect from cryptocurrencies. It seems to me that now everything is different and now ordinary people just stopped paying attention to everything that is on the market
Regular people are afraid to invest as they are not familiar what crypto is about or they already have some negative experience or heard some negative things about it. First they need to understand what crypto is and to know they will benefit from it. Until that crypto will remain only a risk, a ponzi scheme or a scam investment.
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
On the aspect of purchase of cryptocurrency using fiat, most especially master cards, has been integrated by some exchanges and i believe this is a step forward. This was one of the impediments i had in time past,else i would have purchased cryptocurrency long before now, because i was afraid of just purchasing from anybody and be scammed. One of such exchange is kurex and some other exchange that have been in existence for quite some time now. 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
When i entered the market, exchange want me send my money to something like 3u809ur3oeu309u032jd0d39. And that is horrible. Like burning the money for regular guy.
I would not say that cryptocurrency is prohibited in most countries, however, many people are simply afraid to risk money!
I think why regular people are afraid to invest in Crypto is because they experienced being scam by other people or don't want to lose their first investments. And I think they just don't have knowledge about Crypto in when they will start investing or where to invest their money to prevent from losing their money.
The main reason for afraid by regular people is that this market has highest volatility and also this market is not regulated in most countries and regular people cannot afford to loss in this highly volatile market without any knowledge of this market.
Ordinary people are afraid to invest in cryptocurrencies and do the right thing - because of the high volatility. In the future, the cryptocurrency market will undergo a transformation - the main participants will be not retail speculators, but leading financial institutions.
I believe that cryptocurrencies would become more accessible if they could be purchased for the national currency. Now to buy some coins, you need to have dollars or buy bitcoin, people see this as an additional difficulty. Of course, making the first investment always takes courage from you, but it's worth it to step over your fears.
Just see the market trend for the past few months you will get your answer. Crypto market is completely unpredictable and has high risk associated with it so they don't want to risk their earning/savings.
you are quite right. I have been in crypto since early 2017. I have made a good portfolio and profit, but anyway, last few weeks my portfolio is disappearing in $. and I am a bit scare now. hope we will be able to survive
There are many reasons why regular people are afraid to invest in crypto. As what you have said, all of them are part why they are afraid to invest.
Other is they have no proper background about crypto, if you don't know that certain fish is edible to eat. Are you going to eat it?
First people to eat that fish are those who already know that it is edible, second people to eat are those curios and has the guts to eat it even they didn't know what will happen to them in the end.
The big percentage of people that will surely avoid it are those people who have no knowledge that it is edible and safe to eat. It is the same with crypto, if there is a proper institution that will teach crypto or even basic of crypto. I'm sure, many will surely invest and adapt it.
Other is they have no proper background about crypto, if you don't know that certain fish is edible to eat. Are you going to eat it?
First people to eat that fish are those who already know that it is edible, second people to eat are those curios and has the guts to eat it even they didn't know what will happen to them in the end.
The big percentage of people that will surely avoid it are those people who have no knowledge that it is edible and safe to eat. It is the same with crypto, if there is a proper institution that will teach crypto or even basic of crypto. I'm sure, many will surely invest and adapt it.
For many, the reasons are obvious, during the week the market collapsed more than 50 percent, of course, a newbie looking at it all will get a shock.
The reasons why those regular people are afraid of investing into cryptos for they lack of informations about cryptocurrency, or maybe sone of these people are victims of fraud and scam offering in the digital investments, so that is why people are cautios in investing cryptocurrency.
Take a look at Cryptocurrency for the time being, and you can see that the market is evaporating. The number of people wanting to get out of it more than the number of people who want to stay. It makes the whole market worse than ever, and investors are afraid of the market bear.
Everybody has their own perception or opinion about crypto. They are afraid to invest because they think it was a scam or it only loose their money. Its just a matter of time to learn and got knowledge in crypto.youll never know In the end crypto will change your life.
Just see the market trend for the past few months you will get your answer. Crypto market is completely unpredictable and has high risk associated with it so they don't want to risk their earning/savings.
Most people even don't think about crypto, some don't know that to think about crypto, the rest, which can take some action with crypto - already in a crypto market.
All new things has such propagation.
All new things has such propagation.
There are many things that make ordinary people reluctant to invest in crypto, this is very vulnerable at risk especially ordinary people are comfortable with the pattern of life so to make decisions is very heavy. Especially seeing a fluctuating market that lacked courage for this opportunity.
Someone who does have a weak heart is impossible to survive in crypto. But for those that already tasted the sweetness of its profit during the all time high days are going to rely on it. That's what we believe in and these regular people will never understand that feeling that we've felt. As for regular people, they don't want to take risk if there's no guaranteed profit not knowing, all types of investments doesn't guarantee if the risk is medium-high.
Jump to: