Topic: The reason people do not want to invest in crypto - page 2. (Read 18926 times)

Investing is like a gambling games, which you are willing to loss your capital investment. As a player or trader especially if you are a
neophyte, most the feelings of this level of people are depending or relying their capital to their luck even they don't have any idea or knowledge about what they are trying to investing in, were what they are doing was like a punch in the moon.

Investing is like a gambling games, which you are willing to loss your capital investment. As a player or trader especially if you are a
neophyte, most the feelings of this level of people are depending or relying their capital to their luck even they don't have any idea or knowledge about what they are trying to investing in, were what they are doing was like a punch in the moon.

Investing is like a gambling games, which you are willing to loss your capital investment. As a player or trader especially if you are a
neophyte, most the feelings of this level of people are depending or relying their capital to their luck even they don't have any idea or knowledge about what they are trying to investing in, were what they are doing was like a punch in the moon.

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.

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.

People are playing safe since 2018 until today there are still shit ICOs that won't benefit investors. Instead growing up their income it goes down and the ROI becoming close to negative 99% until nothing is left. People making sure that a certain year is the best time to invest again just like 2016 I guess.

People are playing safe since 2018 until today there are still shit ICOs that won't benefit investors. Instead growing up their income it goes down and the ROI becoming close to negative 99% until nothing is left. People making sure that a certain year is the best time to invest again just like 2016 I guess.

They have been brainwashed with the rumors that crypto has been largely used for crime such as buying drugs and funding terrorism. Where literally you can do that with cash too, as long as these rumors still spreading, they will think crypto as they know currently unless they are interested to learn.

They have been brainwashed with the rumors that crypto has been largely used for crime such as buying drugs and funding terrorism. Where literally you can do that with cash too, as long as these rumors still spreading, they will think crypto as they know currently unless they are interested to learn.

If Crypto is definitely here to stay, let still have hopes and as well keep fingers crossed and imagine in 5 years to come where Crypto will lead us to.

Not everyone is interested in investing including investment in crypto currencies. Besides crypto is very volatile, some people still doubt that crypto can give good results for them if they invest in it. Maybe that is the reason why people don't want to invest. Of course there are still other reasons behind it and we can't blame them.