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Topic: The reason people do not want to invest in crypto - page 35. (Read 18952 times)

sr. member
Activity: 1176
Merit: 252
For me the reasons why people don't invest to crypto was because of price volatility, very limited knowdledge how crypto can be used, they don't have time to learn crypto trading and they are afraid to loss their investment
maybe they are afraid of a scam. but, most of them have gotten a bad experience about crypto. so they do not want to invest, and have a sense of hesitation to re-invest into cryptocurrency.
full member
Activity: 476
Merit: 108
For me the reasons why people don't invest to crypto was because of price volatility, very limited knowdledge how crypto can be used, they don't have time to learn crypto trading and they are afraid to loss their investment
hero member
Activity: 1036
Merit: 520
I think the main reason why people dont want to invest in crypto is because they are just too scared to take the risks that entails when one invests. Especially these days, we know that the price is volatile, so they dont want to do it. Another factor could be the misconception of what cryptocurrency really is, they dont know what this would lead them. And the last one is they are scared that they might get scammed, as we all know there are many scammers in the world, so they dont want to lose their hard-earned money in just a snap of a finger of a scammer.

that is true , Most of my friends don't join there coz they think it is too risky , well may be they are right in some ways but I always would rather to take some risks , so that i wouldn't regret it why i lost the chance!
member
Activity: 294
Merit: 10
Some of my friends whom I suggest to start a crypto-journey have just not enough discipline and will...they would be distracted and earn nothing.
member
Activity: 518
Merit: 11
HODL
The reason people do not want to invest in the cryptocurrency market is probably because many people do not really understand how to invest in the market to seek profit. The market is volatile to adjust prices, so investors are considering to choose the right time to invest in the cryptocurrency market.
newbie
Activity: 196
Merit: 0
Because Crypto is now too risky, they can take away your capital at any time, the market is uncertain, prices fluctuate no one can predict their upward trend. So people are afraid to join Crypto.
full member
Activity: 616
Merit: 100
https://exip.live/
In my village many people dont know what is Bitcoin and what the advantages of it, they think that just fraud without learn more about it. Others Many people here just thinking all digital asset is fraud and they will loss total money if they invest in to it, because they only believe with fiat money.
full member
Activity: 406
Merit: 101
The reason people dont want to join crypto is because they dont understand what money is and what store value is. Average guy dont know about it. Tangible is not a reason..stock investor also dont have phisic of what they buy its only on papper. And now we face many ponzi scheme using crypto name thats also makes cryptocurrencies bad.
Or it could be the reason that they lack interest and trust in stuff related to technology. It may be not an easy task for them to deal with the procedures of investing in bitcoin or any other crypto coin.But the number of people who are aware of crypto market and are also making investment here has increased greatly over the last year. Crypto coins are grabbing more and more fame with every moment.
hero member
Activity: 1372
Merit: 502
Leading Crypto Sports Betting & Casino Platform
The main reason of people is do not want to invest, because they are scared to losing of money
because invest in the crypto is very risky, but possible can get a lot of profit too.
newbie
Activity: 210
Merit: 0
I think the main reason why people dont want to invest in crypto is because they are just too scared to take the risks that entails when one invests. Especially these days, we know that the price is volatile, so they dont want to do it. Another factor could be the misconception of what cryptocurrency really is, they dont know what this would lead them. And the last one is they are scared that they might get scammed, as we all know there are many scammers in the world, so they dont want to lose their hard-earned money in just a snap of a finger of a scammer.
newbie
Activity: 182
Merit: 0
You have known the reasons and now how to influence people want to invest in crypto. Maybe you can give the suggestion for us especially for me. So we can tell them about invest in crypto.
newbie
Activity: 55
Merit: 0
Because they are very risky, the market is now more difficult than before and hackers are stalking new people like us. Therefore, it is difficult to make profit from the market.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
They are afraid to risk their money because they have no knowledge on it and they think bitcoin is all scam. Another factor is the people around them saying bitcoin is not worth it and you will surely lose all of your money but the reality is the opposite of what they saying. It may take some time to fully learn what is bitcoin but if you really want to change the way your life is then bitcoin is one of the simplest way to earn it. And if you are one of them you need to change the way you think and start your journey in crypto world.
I can remember vividly that so many people in 2009/10 really just invested a tiny little amount they can at least say if things end up going wrong but I believed in this technology, I believe it would work and if it does not, at least I know that I tried and they were able to factor in that risk into their investment.

$1 of investment in 2009 would have been nothing and imagine what that would have been now. I guess people are not just getting the real picture and some keep taking the idea even in the wrong way.
hero member
Activity: 952
Merit: 500
Perhaps the main reason is the problem with the withdrawal of a considerable sum in fiat money and subsequent problems with legalization.
I don't know their reasons why people do not want to invest in crypto but whatever their reason is it was their loses. The main reason that I know so far is people are being worried by being decentralised of digital currency and because of some countries are announced this as illegal but no matter what it doesnt affects bitcoin and any kind of cryptocurrency.
We can't force them to invest in crypto world because each one of us have a different intellectual and perceptions on the site. Nowadays, there's a lot of discrimination and negative thoughts on crypto so there plans are affected for the fake news but we can encourage them back and help with openness .
I think if a person really wants to invest in crypto,he must develop his own interest in it and not just riding with the trend.Maybe majority of the people nowadays believe that bitcoin is a scam and illegal one and so they avoid bitcoin as much as possible.And since bitcoin doesn't have a stable value,people are afraid once they invested in it,they might get loss in the end.
jr. member
Activity: 350
Merit: 2
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
Yes they don't want to invest, maybe they don't have any idea how to invest, or they are not interested also, or they are afraid to invest because maybe they think they can't.
hero member
Activity: 1134
Merit: 517
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

I agree with you, most people are afraid to invest in Crypto and now many ICO projects are scam so investors are losing their money because they are wrong in choosing the projects they invest.
You are right except your point no. 2. I want to add more. People have:
1. Investment phobia
2. Cognitive Dissonance
3. Lack of knowledge
4. Risk avoidance tendency
5. Lack of prediction ability
 Obviously all that sums up to the dearth of sound trading knowledge and some experiences. With adequate knowledge, we start to see the market not from the perspective we used to, but one we can create or recognize some advantages or opportunities ourselves. I think an almost silent reason some people, mostly some advanced people are not too keen about cryptocurrency is the fact that most aged people actually think it's something for the new generation.
full member
Activity: 434
Merit: 105
Perhaps the main reason is the problem with the withdrawal of a considerable sum in fiat money and subsequent problems with legalization.
I don't know their reasons why people do not want to invest in crypto but whatever their reason is it was their loses. The main reason that I know so far is people are being worried by being decentralised of digital currency and because of some countries are announced this as illegal but no matter what it doesnt affects bitcoin and any kind of cryptocurrency.
We can't force them to invest in crypto world because each one of us have a different intellectual and perceptions on the site. Nowadays, there's a lot of discrimination and negative thoughts on crypto so there plans are affected for the fake news but we can encourage them back and help with openness .
full member
Activity: 461
Merit: 101
Perhaps the main reason is the problem with the withdrawal of a considerable sum in fiat money and subsequent problems with legalization.
I don't know their reasons why people do not want to invest in crypto but whatever their reason is it was their loses. The main reason that I know so far is people are being worried by being decentralised of digital currency and because of some countries are announced this as illegal but no matter what it doesnt affects bitcoin and any kind of cryptocurrency.
full member
Activity: 1834
Merit: 166
The word bitcoin and cryptocurrencies are nowadays known to the most of people through social media and mass media.But the fact that they do not want to invest in this market is governments issuing warnings not to indulge in this as they say it as not legal tender or the possible reasons can be market being too volatile and they do want to risk their money and suffer losses and didn't know much about the market functioning. But slowly people will get their importance and start investing in it.
newbie
Activity: 69
Merit: 0
I think they are just wrong looking for good ico and incur losses, sometimes they also expect direct profits when their coins just enter in exchange without wanting to hold back, should if they hold back then I am sure they will not lose
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