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Topic: The reason people do not want to invest in crypto - page 10. (Read 18951 times)

legendary
Activity: 1302
Merit: 1000
Each one will have a different view about the cryptocurrency so if the taste the cryptocurrency growth then definitely the will starts investing more into it. Cryptocurrency is a very huge risk investment and fluctuation makes them afraid about the cryptocurrency.
hero member
Activity: 1008
Merit: 501
Perhaps it is feared that Bitcoin would be banned from goverments. And fear of the rapid price fluctuation of the market. Besides people are afraid of
 Bitcoin unmanaged and difficult to control the situation which can make psychological factors spread.
That could be the reason in some places why they are reluctant to adopt bitcoin. namely fear of threats and government restrictions. because many people believe in government statements. the risk of fluctuations is also the reason many people are afraid to invest. you know in one day you could lose 30% of your money like today
sr. member
Activity: 1918
Merit: 256
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Perhaps it is feared that Bitcoin would be banned from goverments. And fear of the rapid price fluctuation of the market. Besides people are afraid of
 Bitcoin unmanaged and difficult to control the situation which can make psychological factors spread.

This kind of fear will hardly stop people from investing in Bitcoin and buying their favorite cryptocurrencies. Simply, many guys now do not trust the market as they see the big dump.
yes you are right, some people think that bitcoin is a bubble. This slowdown was the worst and this hit investors hard.
I'm not sure Bitcoin will have greater value like 2017.
full member
Activity: 504
Merit: 100
Perhaps it is feared that Bitcoin would be banned from goverments. And fear of the rapid price fluctuation of the market. Besides people are afraid of
 Bitcoin unmanaged and difficult to control the situation which can make psychological factors spread.

This kind of fear will hardly stop people from investing in Bitcoin and buying their favorite cryptocurrencies. Simply, many guys now do not trust the market as they see the big dump.
newbie
Activity: 234
Merit: 0
Thee are so many reasons peoe do not want to invest in Crypto now. Most of them don't know what Crypto is. No one has volunteer to explain to them what it means. Also some are scared to invest because they feared they might lost their money in it.
full member
Activity: 518
Merit: 104
PUFFY FINANCE
In addition with reasons noted above, I can notice also that many people have fear because the crypto volatilty and the market unstability, they dont want to risk their real money in such conditions. Some other people just have wrong and fake ideas about Bitcoin and crypto currencies in general and even they think that they are a sort of ponzi scheme.

This. That's why I think a good number of cryptocurrency investors are actually people on the younger side, in contrast to the older adults that prefer to invest their money in more stable investments like stocks and real estate; another reason is that the older crowd probably couldn't understand technology these days.
Well, I think it is also too risky to invest in cryptocurrency. People should invest in cryptocurrency what they can afford to lose. Making serious investment in cryptocurrency might sometimes be a dangerous thing.
copper member
Activity: 90
Merit: 0
For more I guess its because crypto is still struggling with government regulations. Once government restrictions is lifted many will dive into crypto
member
Activity: 560
Merit: 13
Another thing that people quit in investing with cryptocurrency. That is large percentage of scam projects. People already lose their faith in cryptocurrency and ICOs. Even I and my family that want to invest in this year, have lose our excitement in cryptocurrency. Yet, cryptocurrency is profitable but it has a lot of risk that we need to suffer.
jr. member
Activity: 135
Merit: 4
You become what you think.
Bitcoin is currently dropping in price and it has totally affected the overall blockchain sector, the current situation seem to be worse as minners are now finding it hard to mine ethereum with GPU https://all-stocks.net/report-mining-ethereum-with-gpu-becomes-unprofitable/, i just hope the sector comes back with a full force in 2019.
full member
Activity: 476
Merit: 105
Not the lack of any knowledge in this field I think. People are scared to invest in the cryptocurrencies for the reason they have a great fear to lose their money.

Naturally - today, people hear all the time about the unlucky fellows, who lost all of their money due to the dump of the market. It scares them, and they do not want to take such risks.
legendary
Activity: 2100
Merit: 1058
Perhaps it is feared that Bitcoin would be banned from goverments. And fear of the rapid price fluctuation of the market. Besides people are afraid of
 Bitcoin unmanaged and difficult to control the situation which can make psychological factors spread.
Well I believe that people are still illiterate in the field of cryptocurrency and this is the thing that makes them fearful about investing in Bitcoin. This behavior simply vanishes when you are learned and have all information about Bitcoin.

Moreover, once you are able to make money in the business, it is very easy to deal the taxation because they are not going to tax you very high. So I think these are the economic factors that should not stop you from doing what your heart wants to do.
full member
Activity: 462
Merit: 100
Not the lack of any knowledge in this field I think. People are scared to invest in the cryptocurrencies for the reason they have a great fear to lose their money.
hero member
Activity: 1148
Merit: 504
I think from last days the trend of the crypto market is going down day by day and that is why peoples are facing too many difficulties to earn a profit that is why I think there are a lot of peoples do not want to invest in cryptos,
if we go into the crypto world without investment, I think it's useless, because we are here for the sake of money and profit. everything that happens here is normal and why we should be afraid of it. prices go down and the market is not stable that's the risk here but we can deal with it if we are patient, everything we do certainly has risks.
I think using crypto is not only for investment, many people use crypto to adopt it as a payment method and expand their market, it's not a useless.

Other than that, for people who are familiar with crypto, of course there is no problem with fluctuations, but outsiders who don't understand crypto, of course think that fluctuations will harm them. that's their obstacle why they think again to invest
newbie
Activity: 14
Merit: 0
Many people still find cryptocurrencies too risky, some even look at them as a fraud or illegal and don't want to invest because they fear to lose money.
Many also don't understand how cryptocurrencies and blockchain technology are functioning and they rather choose to avoid them.
Also lack of regulation and legal back up keeps them away from investing in crypto.
But I think this could be changed with more information and education about cryptocurrencies and blockchain and  I beleive with time this will change.

Yea but I mean if you're willing to take a small risk at first and you get the scripts or signals to trade then you should make your initial investment back extremely fast and then continue to trade with profits and keep multiplying.  Just my thoughts.  I am looking into different scripts and/or signals to purchase now.  If you have any input or advise on that it would be appreciated.
legendary
Activity: 2912
Merit: 1068
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Many people still find cryptocurrencies too risky, some even look at them as a fraud or illegal and don't want to invest because they fear to lose money.
Many also don't understand how cryptocurrencies and blockchain technology are functioning and they rather choose to avoid them.
Also lack of regulation and legal back up keeps them away from investing in crypto.
But I think this could be changed with more information and education about cryptocurrencies and blockchain and  I beleive with time this will change.
sr. member
Activity: 568
Merit: 250
I think from last days the trend of the crypto market is going down day by day and that is why peoples are facing too many difficulties to earn a profit that is why I think there are a lot of peoples do not want to invest in cryptos,
if we go into the crypto world without investment, I think it's useless, because we are here for the sake of money and profit. everything that happens here is normal and why we should be afraid of it. prices go down and the market is not stable that's the risk here but we can deal with it if we are patient, everything we do certainly has risks.
You're right everything in this world go round for money, and if we risk everything here it's all for a potential profit expectations. Most of the investors who tend to be attracted with crypto was too hesitant to be part of its growing economy depends only with speculations, and not reading the project details itself. That's the common reason why people sometimes didn't invest with crypto.
full member
Activity: 618
Merit: 100
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1. Blockchain has a long way to go to be a practical solution
Businesses will not miss the opportunity until the technology demonstrates its scalability. However, this can not be proven in the real world until the companies make the leap and produce a concrete result, not an experiment. Moreover, not all industries will benefit from blockchain, while other industries may face a costly and time-consuming conversion process so they choose blockchain over a network. now available.
2. Too easy to join
The real concern with a low barrier to participation is that there is no way to ensure that this technology will not become obsolete for several months. This is another reason why businesses have not implemented blockchain technology. Why invest in a blockchain while only a few months later will have a better blockchain next generation? Replacing and upgrading can be costly and time consuming.
3. Very few tangible means value of crypto.
One of the biggest misconceptions with digital currency is its mass acceptance of tokens, meaning that they are successful. Unfortunately, using a virtual currency does not necessarily generate revenue or profit for developers behind the token. Furthermore, blockchain technology tends to hold long-term potential values, not the token itself. Therefore, buying into a token that does not actually acquire ownership in the base blockchain does not make sense to the investor.
4. Tax situation is a nightmare
Investing in the crypto algorithm means that you need to track the increase and decrease in capital for each transaction. Even using your token to purchase goods and services will also serve as a taxable service, in line with the Tax Administration's tax guidelines.
Blockchain is being applied in practice when many large companies adopt it as a storage solution for information and other dynamic activities. It's straightforward to get involved, but it's very transparent and does not have any frauds. Crypto in another society not present in life still used as a primary form of payment. Trading floors always listed for a fixed price, so there is no need to worry about it.
full member
Activity: 314
Merit: 100
Perhaps it is feared that Bitcoin would be banned from goverments. And fear of the rapid price fluctuation of the market. Besides people are afraid of
 Bitcoin unmanaged and difficult to control the situation which can make psychological factors spread.
sr. member
Activity: 1148
Merit: 252
I think from last days the trend of the crypto market is going down day by day and that is why peoples are facing too many difficulties to earn a profit that is why I think there are a lot of peoples do not want to invest in cryptos,
if we go into the crypto world without investment, I think it's useless, because we are here for the sake of money and profit. everything that happens here is normal and why we should be afraid of it. prices go down and the market is not stable that's the risk here but we can deal with it if we are patient, everything we do certainly has risks.
full member
Activity: 420
Merit: 100
I think from last days the trend of the crypto market is going down day by day and that is why peoples are facing too many difficulties to earn a profit that is why I think there are a lot of peoples do not want to invest in cryptos,
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