The reason people do not want to invest in crypto - page 26.

eren0x

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Quote from: ijsera82 on May 21, 2018, 08:35:13 PM

Fear of loosing their fund. Crypto has become unpredictable

I can say that the Blockchain revolution has just begun. It's only been a couple of years. More people will join the block-chain system in the coming years. Participation in the Blockchain system will reduce fluctuations in the market. This will reduce the risk of losing funds.

ijsera82

newbie

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Fear of loosing their fund. Crypto has become unpredictable

eren0x

newbie

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Blockchain is a huge revolution. It makes me sad that people are late for this revolution. It's hard to tell them about this revolution. Because they are so afraid of being defrauded

mimienamphine

member

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People do not fully understand the power in blockchain yet but things are really changing so fast. Now even in developing countries, people interests in areas like mining is really growing very fast. With time so many people will change their perception and come to understand the power herein and the market shall boom greatly.

eren0x

newbie

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There are many people who do not know what crypt money is. They will regret being late. I think we are luckier on this.

bennypagulayan

member

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MEGATRON - THE RISE OF BLOCKCHAIN REVOLUTION

People do not want to invest in the cryptocurrency market because they do not really have much knowledge and are not aware of the benefits that the market can bring to them. I advise those who do not really understand the market to learn more to gain more knowledge and market entry to make a profit in the near future.

BlasterS

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I think the best reason behind why people do not want to invest in cryptocurrency because we raise in different generation and also because of the lack of technologies in different countries.

jojowar

member

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Also the reason why people do not want to invest in crypto because the value of crypto as of now is very volatile from time to time. They were afraid if they invest on a certain crypto, the value of it will depreciate or decrease anytime.

CryptoLoverz

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yes, I also agree with your opinion. I think people who do not want to invest with bitcoin because they are afraid of losses and they do not dare to take risks due to unstable bitcoin prices. and perhaps also they do not fully understand what the benefits are in crypto money. and maybe even lay people, they mean bitcoin with their wrong thinking. they usually say that bitcoin is the same as a ponzi scheme. maybe that also makes them not want to work with bitcoin.

shaadsufi

newbie

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One more reason is that they are scared of losing because losing money in crypto is also very easy if you do not have much experience in crypto trading you can easily lose money here because the market is very unpredictable here and for newbies, it is very hard to trade here.

susuberuang

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I think they probably just do not really understand what it means to invest in the world of cryptocurrency like bitcoin is still much to understand, there should be education for some investors to understand the benefits when investing in bitcoin.

Bitexpert2017

member

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I think why people afraid to invest in crypto that is because the news they heard that a lot of investment site Is phishing and many of us got scammed. Thats the primary reason why they don't invest with crypto.

doc_pound

newbie

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Though there are really many reasonable points that deter people from investing in crypto, the reward is very high so it is not crazy to invest some money in crypto.

ace4549

sr. member

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For me the most appropriate reason why people do not want to invest in cryptocurrency because they think that this business is belong to the scam business even if they not. In short because of different perspectives and generation we raise they have a different opinion in terms of investing our money.

BitcoinCommodor

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Quote from: rjsmith on May 16, 2018, 05:53:06 AM

Many reason people do not want to invest in crypto for the main reason.they have don't about idea from crypto.they are not interested in crypto.they do not have enough knowledge.

Every single person becomes interested in bitcoins and other crypto currencies once he knows about them. I have been in this scenario practically. There were some friends of mine to whom once I briefed about bitcoins. They didn’t know bitcoins before and just for my briefing, they become interested and started their lives in there. And this happens with so many other people as well.

ScroodjMoney

member

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Most importantly, they do not believe that digital money can profit them. And they fear that they will disappear completely in this world so their capital will be lost.

mauriek

hero member

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Quote from: Activitycoin on May 17, 2018, 05:43:00 AM

Quote from: GawirZZ on May 16, 2018, 09:21:35 AM

probably in some crypto countries not yet known and probably because crypto virtual currency that is not visible and complicated enough to be made in the currency.

Well bitcoin and all other crypto currency are invisible but we can feel and use it as we are using fiat and paper money, we can search about it and we can go to marking for shopping having crypt currency in our wallet instead of our pocket, so it is not a big deal they are just lack of knowledge and if we will encourage and educate them about it then for user they will love to invest and trade in crypto currency.

They do not know if this Crypto (Bitcoin) can make them earn a lot of money, if they know I am sure
they would not hate Bitcoin, investment with Bitcoin can make our money grow in the future.

Pokemoon

newbie

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By far most of the all inclusive community now. In the event that you say venture, first fly at the forefront of their thoughts. People are not open to start new things like computerized cash. They need no doubt, and they have identified with that exercises.

wumBowo

sr. member

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Merit: 298

tozex.io

Quote from: imking on May 17, 2018, 11:43:14 AM

Quote from: tuansemazi on April 20, 2018, 11:06:05 AM

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.

The main reason some people are not getting interested in the investment because they are too scared to lose their money on it. They think that investment is not a good source of funds. Especially these days there are allot investment scam. We will not blame them if they don’t want to join or enter on the investment. The last reason why they not interesting on it they lack knowledge how cryptocurrency works.

even though they have a knowledge on how cryptocurrency works, there's still main barrier on them to prevent that you already mentioned above.(like what happened to me)

imking

full member

Activity: 406

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Quote from: tuansemazi on April 20, 2018, 11:06:05 AM

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.

The main reason some people are not getting interested in the investment because they are too scared to lose their money on it. They think that investment is not a good source of funds. Especially these days there are allot investment scam. We will not blame them if they don’t want to join or enter on the investment. The last reason why they not interesting on it they lack knowledge how cryptocurrency works.

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