And the reason he didn't invest in the crypto world was because he didn't know what crypto was and he also didn't want to judge it, and if he understood crypto I was sure he would join us
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. 
Topic: The reason people do not want to invest in crypto - page 3. (Read 18951 times)
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.
Well you have said it all but to my notice I believe this is getting better now because lots of money and projects are coming into the Blockchain. And as well as newbies getting to understand what Crypto really is. 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 agree with neither of them you mention as a reason. People don't invest in crypto because they are either too irrelevant of crypto, not able to understand it, or can't do that. If they would be aware of these reason you mention, it does not matter they invest in crypto or not because they are fully aware of this market, tech at least.
You have mentioned all the main reason for why people are not investing or do not invest on crypto. But for these they are becoming loser it is time to gather more knowledge and invest on crypto. 
I agree with neither of them you mention as a reason. People don't invest in crypto because they are either too irrelevant of crypto, not able to understand it, or can't do that. If they would be aware of these reason you mention, it does not matter they invest in crypto or not because they are fully aware of this market, tech at least.
There really is huge opportunity in the cryptocurrencies where peoples can really have a lot of profits but they just needs to be close to them. There are very less chances that rather than knowing the benefits and advantages of bitcoins, peoples are not getting into it. I agree with you that the peoples who do not invest into cryptos may be the one's who do not understand anything about them and also who do not trust the decentralized markets. There are a lot of peoples who invest into Stock markets turning towards Crypto markets but most of the peoples from there are yet afraid for investing into these markets as we do not know who is behind these markets and that keeps the community feel that they are not safe over here. 
I think because it is a digital asset. Most of the older generations are still hesitant to invest in crypto because it has no physical form unlike fiat. They think anyone could stole it and not secure. Same goes for paper money if someone has really that intent. It's just they are just not updated about the new trends or they don't feel secure investing in crypto.
Let's put it this way, the main reason of investing is profit, and bitcoin seems does not guarantee a profit to them because they will see it as a high risk asset. Majority of the investors are not into high risk investment since they want to ensure their money is safe and will grow even at a small percentage. Some just even entrust their money in the bank without knowing it's subject for inflation. Most people don't invest in crypto because they see as a ponzi scheme or scam site, which they heard it to other community here.
But the truth is they are FOMO, they want sure income/profit. If they will have this kind of mindset, they can never be a good trader here in crypto world. Because all people who come here to become a crypto traders are all risk taker.
Those who can take the risk most of the time are the one who succeed from this venue of investment, but those who thinks that its just an easy passage way to earn quick profits will lose their money and call out loud that this industry was a fraud and scam.But the truth is they are FOMO, they want sure income/profit. If they will have this kind of mindset, they can never be a good trader here in crypto world. Because all people who come here to become a crypto traders are all risk taker.
Chances are there when people will decide to dictates how future will be, it's all about how we do it in our own ways.
Most people don't invest in crypto because they see as a ponzi scheme or scam site, which they heard it to other community here.
But the truth is they are FOMO, they want sure income/profit. If they will have this kind of mindset, they can never be a good trader here in crypto world. Because all people who come here to become a crypto traders are all risk taker.
But the truth is they are FOMO, they want sure income/profit. If they will have this kind of mindset, they can never be a good trader here in crypto world. Because all people who come here to become a crypto traders are all risk taker.
I think because it is a digital asset. Most of the older generations are still hesitant to invest in crypto because it has no physical form unlike fiat. They think anyone could stole it and not secure. Same goes for paper money if someone has really that intent. It's just they are just not updated about the new trends or they don't feel secure investing in crypto.
Most people dont want to invest in crypto because they consider it as a new infant which still has a long way to go. And many still consider ot still volatile for them to invest in. Subsequently i hope they will get to understand how crypto work and come to full adoption of cryptocurrency
I am happy seeing that they atleast accept that cryptocurrencies are going to have a long way ahead and thinking such, why can't they simply be with them for long term then? Reading OP, I do not find any relevant reason for peoples not joining cryptocurrencies. According to me, I think that the peoples who have not yet joined the cryptocurrency markets are the ones who lack in digital knowledge or hardly come across internet. There is vast community who is not yet that exposed to the Internet so it is obvious that those peoples would hardly know about the cryptocurrencies. Remaining those who have not yet invested may be those who think bitcoins is a bubble and may burst anytime. Truly speaking, there are thousands of minds thinking bitcoins are a bubble. While a small number of people are investing in cryptocurrency due to its high volatility, lack of legal regulation and fraud in this area, now many companies, businesses are beginning to introduce blockchain technology
and now many institution review blockchain technology and trying to implemented it on their system.the thing that make people scared about this market was government regulation that make they scare if suddenly banned.While a small number of people are investing in cryptocurrency due to its high volatility, lack of legal regulation and fraud in this area, now many companies, businesses are beginning to introduce blockchain technology
and now many institution review blockchain technology and trying to implemented it on their system.the thing that make people scared about this market was government regulation that make they scare if suddenly banned. 
The reason for those who don't want to invest in crypto is, maybe they don't know and understand more about crypto and besides that there is a lot of bad news about crypto and many governments that oppose or ban it that makes them afraid and hesitant to invest.
Besides being risky and having a lot of fraudulent news, there are still many other reasons that make them afraid and hesitant to invest.
Besides being risky and having a lot of fraudulent news, there are still many other reasons that make them afraid and hesitant to invest.
While a small number of people are investing in cryptocurrency due to its high volatility, lack of legal regulation and fraud in this area, now many companies, businesses are beginning to introduce blockchain technology
Everyone has his/her approach towards Cryptocurrency and not all who are involved in it fully understand it not to talk about those who don't know about it entirely
Those people who does not know about cryptocurrency and who does not want to take risk they cant invest on crypto. Up-down of crypto is too much which many people cant take risk so they stay away from crypto.
And the reason he didn't invest in the crypto world was because he didn't know what crypto was and he also didn't want to judge it, and if he understood crypto I was sure he would join us
I agree with neither of them you mention as a reason. People don't invest in crypto because they are either too irrelevant of crypto, not able to understand it, or can't do that. If they would be aware of these reason you mention, it does not matter they invest in crypto or not because they are fully aware of this market, tech at least.
Most people dont want to invest in crypto because they consider it as a new infant which still has a long way to go. And many still consider ot still volatile for them to invest in. Subsequently i hope they will get to understand how crypto work and come to full adoption of cryptocurrency
Firstly, there is no backing to them. While other fiat currencies moved away from gold standards and the like some time ago, they do have backing - the labour of the citizens of the country. That has a definite value. I don’t see that with cryptocurrencies - like diamonds, they only have value because people think they do.
Secondly, you can’t spend them. A handful of places accept bitcoin, but very, very few. Even less accept other types. So if I want to buy bread, pay rent or pay for a taxi, I have to convert it to local currency. This entails extra costs, and extra risk as the conversion rates are volatile.
As a tertiary one, bitcoin especially causes problems at a time we are trying to reduce wasted energy. Massive server farms are using astonishing amounts of power to create these coins. That’s not sustainable, in both meanings of the word.
Secondly, you can’t spend them. A handful of places accept bitcoin, but very, very few. Even less accept other types. So if I want to buy bread, pay rent or pay for a taxi, I have to convert it to local currency. This entails extra costs, and extra risk as the conversion rates are volatile.
As a tertiary one, bitcoin especially causes problems at a time we are trying to reduce wasted energy. Massive server farms are using astonishing amounts of power to create these coins. That’s not sustainable, in both meanings of the word.
While I agree that lots of people are scared to invest in crypto, I know some things could be responsible for this.
Scalability us a big issue with cryptocurrencies and it's difficult for most projects to scale up to a large extent.
Another major issue is value. The value fluctuate and the ups and downs become do difficult for some to comprehend.
Those peoples who are scared are the ones who are not into profits that deep. There always is risk which needs to be taken in the field of cryptocurrencies in order to make profits. If you do not have the guts to take the risk then how could you expect the profits to be big. Those peoples who now are trusting into cryptocurrencies are the one's who are investing most of their capital into bitcoins or any coin.Scalability us a big issue with cryptocurrencies and it's difficult for most projects to scale up to a large extent.
Another major issue is value. The value fluctuate and the ups and downs become do difficult for some to comprehend.
The value for bitcoins is not actually a negative side to be considered but it gives opportunities for a lot of traders, holders to make instant profits by keeping constant buy/sell orders.
People never want to refuse on the cryptos if they know actually what is cryptos and how much growth it is having every year. 
When you say PEOPLE let's just point out hands to the newbies that are getting in the Crypto atmosphere for the first time because no one who has been in the Crypto market for years that won't understand the meaning of CRYPTOS Jump to: