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Topic: The reason people do not want to invest in crypto - page 18. (Read 18926 times)

full member
Activity: 1303
Merit: 128
And also, they didnt understand it well being a close minded peoplw who just looks at it on a negative way. Instead of learning how the system works, they find negative things about it to convince them and other people not to be in it.
full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
I agree, people do not want to risk, because there are big sums at stake, but it's worth looking at those who risked.  They are now somewhere in the Maldives and flew there in a private plane.  So here, as they say, big chances are never small stakes, honey.  Wink
I think ignorance is the main reason many investors do not want to participate in this market because cryptocurrency is really a financial market too new compared to other traditional markets in the world. The risk in the cryptocurrency is very large and many fraudulent cases in this market are also cause for concern many investors.
newbie
Activity: 27
Merit: 0
One of the reason is they are afraid being scammed because there are some people taking advantage of crypto they introduced to those new the ponzi schemes

I agree with you. Because a lot of ICO dont have the lack of information of getting license, T&C, etc.. hard to invest if you don't research well as a investor. 
newbie
Activity: 27
Merit: 0
for me there are three reasons why they do not want to invest in crypto
1. they have not known crypto
2. they are not interested
3. they are afraid to invest after losses

Base on my research there's an ICO that you wont lose by investing. They (company) will cover the looses and that's the reason why I want to invest in crypto world.
sr. member
Activity: 658
Merit: 250
Me, my personal reason is I know to myself that I can't but it is just for now. Coz I am gathering experiences, information, strategies and techniques before I enter the world of trading. When the day comes that I can do trading, maybe it will change a lot for me.
Preparation is very important before entering the world of crypto investment. I think the reason why people don't want to invest is due to volatility and risks. Aside from these factors, I also consider arising issues and controversies contribute negative impact. I believe legit information dissemination and spreading awareness would help change the mindset of the people or the public.
member
Activity: 238
Merit: 10
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.
You can clearly see that bitcoin prices have been steadily declining in the past few days and there is no sign of recovery, the crypto market is slowly falling into recession and it is hard to recover when capitalization The market capitalization has fallen below $ 300 billion. Therefore, it can be seen that Bitcoin is no longer attractive to investors as of late 2017.
full member
Activity: 422
Merit: 103
Futurov
Me, my personal reason is I know to myself that I can't but it is just for now. Coz I am gathering experiences, information, strategies and techniques before I enter the world of trading. When the day comes that I can do trading, maybe it will change a lot for me.
full member
Activity: 386
Merit: 100
The reason people do not want to invest in the cryptocurrency market is because they read bad news in the media, bad rumors about the market ... But in fact the market is gradually flourishing in most developed countries.

People are afraid to lose the money when the market is falling. They do not believe that their coins will grow again and they do not want to buy the cryptocurrency.
Fear and doubts are sending them away, without any research they just judged the situations according to  their knowledge, it seems that newbies are just here because of someone who give them information that they can easy gain profits when they invest with any crypto only to find out that the timing is not right and their investment start to lose.
People scare of losing their money in crypto because of the falling prices. That’s the reason that people do not invest in crypto. Other reason is Ponzi schemes. Many people lost their money due to frauds and scams in this world. They will never invest their money again in crypto because of the reliability and authentication. Some people afraid of big pump and dump in the price.
member
Activity: 112
Merit: 10
I agree, people do not want to risk, because there are big sums at stake, but it's worth looking at those who risked.  They are now somewhere in the Maldives and flew there in a private plane.  So here, as they say, big chances are never small stakes, honey.  Wink
sr. member
Activity: 882
Merit: 260
One of the reason is they are afraid being scammed because there are some people taking advantage of crypto they introduced to those new the ponzi schemes
I think the reason why some people do not want to invest in crypto is because the prices of all crypto is not stable and many people are afraid to lose a huge amount of money, and off course many people dont want to invest because the market is really unpredictable.
newbie
Activity: 5
Merit: 0
Several reasons may account for why many people refuse to join the crypto community. The market is really unstable which actually scare people away. Statistics shows that very few people can take risk in their life and the crypto community lacks such individuals. Everyone start to panic when the market goes down suddenly. Secondly, there are too many projects these day and you cant really determine the scam projects from the real ones. I have analyzed and realized many project have no aim and are misusing the blockchain technology for their own gains. That really scare investors.
full member
Activity: 434
Merit: 100
☀️ Iskra Coin ☀️
The reason is because the regulations. some countries consider bitcoin as an illegal investment. So the people afraid to invest in bitcoin because bitcoin has not yet legal and they afraid when they invest in illegal investment they will loss their money. But i think sooner or later all countries will accept and legalize bitcoin.
full member
Activity: 461
Merit: 101
I think the biggest reason that people do not want to invest in crypto is the big price fluctuation continuously. This means that they are likely to suffer a loss as soon as they have completed their purchase. It is such a big risk that the basic reason prevent them to invest in crypto. In addition, some people think that crypto does not bring real value so they do not invest. Even though it's a false thought, it's a pretty big barrier to people who do not know or are not understanded throughtly  about crypto.
I don't have any idea why there's people who hate bitcoin, who dp not want to invest in bitcoin but there is only one thing I know and that is they are lack of knowledge about cryptocurrencies and about trading. They are lack of idea what will trading and investment in Cryptocurrency may bring to their life kn future.
sr. member
Activity: 396
Merit: 250
I think the biggest reason that people do not want to invest in crypto is the big price fluctuation continuously. This means that they are likely to suffer a loss as soon as they have completed their purchase. It is such a big risk that the basic reason prevent them to invest in crypto. In addition, some people think that crypto does not bring real value so they do not invest. Even though it's a false thought, it's a pretty big barrier to people who do not know or are not understanded throughtly  about crypto.
legendary
Activity: 1904
Merit: 1000
Lack of knowledge about crypto is one reason people don't want to invest in it. Some people also see it very risky due to its volatile market. And also the origin is not clear to them when it comes to bitcoin. They also do not see crypto as a currency at all. These i think are some of the reasons why people don't invest in crypto.

Lack of information about government policy on crypto currency can also be the reason why people are reluctant to invest. In my country for example, the government prohibits the use of crypto as a means of payment but the government does not prohibit the use of crypto as an asset. And unfortunately, due to the lack of information, most people think that crypto currency is illegal and can cause problems later on.
sr. member
Activity: 616
Merit: 250
www.cd3d.app
One of the reason is they are afraid being scammed because there are some people taking advantage of crypto they introduced to those new the ponzi schemes
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
The reason people do not want to invest in the cryptocurrency market is because they read bad news in the media, bad rumors about the market ... But in fact the market is gradually flourishing in most developed countries.

People are afraid to lose the money when the market is falling. They do not believe that their coins will grow again and they do not want to buy the cryptocurrency.
Fear and doubts are sending them away, without any research they just judged the situations according to  their knowledge, it seems that newbies are just here because of someone who give them information that they can easy gain profits when they invest with any crypto only to find out that the timing is not right and their investment start to lose.
full member
Activity: 588
Merit: 101
The reason people do not want to invest in the cryptocurrency market is because they read bad news in the media, bad rumors about the market ... But in fact the market is gradually flourishing in most developed countries.

People are afraid to lose the money when the market is falling. They do not believe that their coins will grow again and they do not want to buy the cryptocurrency.
sr. member
Activity: 1071
Merit: 253
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.
I think the most important reason is that the government bans bitcoins in some countries. All newcomers worry that they will be jailed when they invest in cryptocurrency

Yes now is the best time to buy people who are afraid of investing in bitcoin is because they think it is scam which is just their won thinking nothing else, well I think we should not think negative bitcoin is best investment, there is high scope of bitcoin, people are lack of knowledge so if they will increase their knowledge about crypto so they will earn high amount of profit at the end, be positive so positive will come to you.
newbie
Activity: 114
Merit: 0
I think most people are in the Crypto market without much regard for the blockchain or the use of Bitcoin. They are interested in how easily this market can benefit them.
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