I think a huge amount of people are still unknown or not well-known to crypto.People don't understand crypto somehow that's a common reason.Secondly, crypto currencies are banned in some ccountries so they don't even though to watch it twice.Thirdly, some people can't trust it because it's not controlled by anyone.
Topic: The reason people do not want to invest in crypto - page 38. (Read 18951 times)
There is one common answer for many people afraid or dont want to invest in crypto. It was the high risk of price the market. Because of unstability of price in the market, you were unsure if it will increase or not. The worst scenario is the sudden drop of price so it will cause many people to go against crypto.
There are so many reason why people do not want to invest in cryptocurrencies like : they are afraid to take the risk if they don't know how to trade well, they don't want to be scammed by other people , they don't have enough knowledge when and where to invest money, and they don't know the blockchain technology behind crypto thaqt can help people to have transactions with other people and addresses.
If there are people like that then they should never try to step into the crypto world. If they know that this world is risky one and there is no two ways but only one then why do they even take its name on their lips! I ask myself always why I am here if its so risky to inevst here, then I only recall myself that this world has given me many things despite the risky times. I mean I have earned more than enough money and as compared to the risky investment it is nothing but goodness here. So I would say those people should step in as long as they are not worries about the losses. And its not a big deal as you just have to invest the amount or money that you can afford to loose. If people start thinking that way then they might just start investing on their own will.
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.
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.
when they do not want to invest in crypto is due
- they do not want to understand cryptocurrency for the future
- they do not understand computer
- they already have expertise in other fields of work
- not interested in crypto money and his kind
There are some reason why some people don't want to invest in digital crypto currency. First, they think that some of digital cryptocurrency are scams especially bitcoin and to those new project about crypto. Second, since they still don't know what digital cryptocurrency could give to them they just choose to not to invest because they lack of information and lastly, some people choose to work for it rather than using their money. Like what I am doing, I am investing my time and skills instead of my own money.
When I generally talk with strangers about Bitcoin they are worried about it from the legal point of view. That's the main reason that they don't want to get involved with it. The biggest credit goes to the people who used Bitcoin and cryptocurrency to execute their ICO scams and to media for misinterpreting the situation. Another reason that most of the people give is price fluctuation, they are not very comfortable in investing if the price is not constant. However, on the other hand, there are the people who are highly interested in getting involved with Bitcoin and cryptocurrency for the right opportunity. I believe that we are still in the early phase of development and most of the people will definitely get involved with it over the passage of time.
Peoples are looking to make profit but some times price fluctuation is possible in Crypto investment so suddenly drop investment. Then social media also create the negative feedback of the cryptocurrency again peoples are afraid in Crypto investment. Totally all the reasons are invalid. I think everything is our current situation of Crypto status.
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. I would rather earned my bitcoin rather than invest in cryptos because I believe that I can avoid losing and being scammed.
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 its true, people don't want to invest in crypto because of lack of knowledge and because of those people who are using this in a bad manner that's why people think that this is a scam. 1. they have not known crypto
2. they are not interested
3. they are afraid to invest after losses
many people don,t want to invest in crypto.many reason i look comes to here .i think every one need a good experience for invest crypto.and about crypto currency know ,learn, and any help best way the forum.but day by day forum just goes to hard that reason i think new investor not comes in forum.and if any people don,t know crypto so why this people invest in it.and crypto very risky but profitable .i just share my thinking.
There are so many reason why people do not want to invest in cryptocurrencies like : they are afraid to take the risk if they don't know how to trade well, they don't want to be scammed by other people , they don't have enough knowledge when and where to invest money, and they don't know the blockchain technology behind crypto thaqt can help people to have transactions with other people and addresses.
In my view, three reasons they do not want to invest in the crypto and bitcoin markets are:
1. Have no self-confidence with knowledge and understanding of the market, and with that they do not endeavor to master wallet / transaction accounts.
2. The crypto market is uncontrolled and tainted by the rules of legalization.
3. Risk of loss and hacker attacks + impatient.
1. Have no self-confidence with knowledge and understanding of the market, and with that they do not endeavor to master wallet / transaction accounts.
2. The crypto market is uncontrolled and tainted by the rules of legalization.
3. Risk of loss and hacker attacks + impatient.
One thing we have to be certain that people always try to invest money in a safe platform but they don't have full faith in this blockchain system. since this blockchain system is still a new platform so that people don't invest in cryptocurrency exchange. but with the change of time, people will invest in this trading system in the future.
It will be a matter of time before everyone will understand the full usage of this new system, its really a factor why people still not engage too much withcrypto, they don't have any idea and don't have enough trust that the system will be usable in a long run, a lots of things that really giving them such a hard time invest unless they really put enough interest and learn each things that will give you some edge playing the market with advantages among the traders and investors, we do have a lots of things to consider but one thing is for sure, if you are really serious to this business then invest your time to study deeper.
One thing we have to be certain that people always try to invest money in a safe platform but they don't have full faith in this blockchain system. since this blockchain system is still a new platform so that people don't invest in cryptocurrency exchange. but with the change of time, people will invest in this trading system in the future.
What you say is true. They may not trust investing in this market because they do not know much about blockchain. I have many friends who listen to me invest in bitcoin they have protested because they just listen to bitcoin is a virtual coin. But they do not know about blockchain technology. And bitcoin is built on the blockchain platform so I am very confident. 
One thing we have to be certain that people always try to invest money in a safe platform but they don't have full faith in this blockchain system. since this blockchain system is still a new platform so that people don't invest in cryptocurrency exchange. but with the change of time, people will invest in this trading system in the future.
Everything comes with their pros and cons. If these are the cons, also consider the pros. And the pros outweigh the cons.
It's the fact that you could lose everything in a matter of seconds with a much higher chance then traditional markets. Crypto has an insane amount of volatility, which people don't like when they're looking at their investment accounts -- as people don't like seeing their investment account go down 50 percent in the matter of 15 seconds.
It's a scary wild west out here, don't be mad at people, for not wanting for not wanting to be in such a high risk market. I wouldn't want to be here too if I didn't have disposable income.
It's a scary wild west out here, don't be mad at people, for not wanting for not wanting to be in such a high risk market. I wouldn't want to be here too if I didn't have disposable income.
Crypto is a highly risky investing, you can get a huge profit or stay with nothing. This is one of the main reasons why people don't invest in cryptocurrency. Another reason is that crypto hasn't gained popularity among wide public. Lack of knowledge of what it is and how it all works makes this sphere be not the most attractive sphere for investments.
If you are afraid of giving up your money then you cannot really earn here, we should be at least risk taker before entering trading, or else we will just end up to losing our money, so if we are not emotionally and financially ready don't enter into trading.
The second point is quite contradictive, becouse it is yeasy to join, start, and cry becouse you aint taking any profit for months, lol, next step - to fall off
Crypto is a highly risky investing, you can get a huge profit or stay with nothing. This is one of the main reasons why people don't invest in cryptocurrency. Another reason is that crypto hasn't gained popularity among wide public. Lack of knowledge of what it is and how it all works makes this sphere be not the most attractive sphere for investments.
Jump to: