Investing in crypto has big risks. It is something new so people don't fully trust her. Only the bravest people are not afraid to take risks and try something new.
Yes we know it definitely has a big risk but with some God strategy and planning you won't involved in much risk, besides every business in one's life has a RISK FACTORY tag to it. 
Topic: The reason people do not want to invest in crypto - page 4. (Read 18926 times)
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.
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.
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.
Many people do knot know what is crypto about, so lack of knowledge is also one of the reasons.
Another important reason is the fear from the loss. Crypto market so unpredictable and volatile that many investors avoid it as they afraid of losing their funds.
Another important reason is the fear from the loss. Crypto market so unpredictable and volatile that many investors avoid it as they afraid of losing their funds.
Majority of the people here in the forum are not well informed and don't have passion to know what it is.
Because of greed their only intentions why they are here is to get quick profit in trading even without spending
time to learn about in crypto, so the result was loss their investment in the end.
afraid of being deceived,, thinking that crypto is ponzi.
Taxes, this is what investors always think about, thinking that maybe crypto taxes are also high like general investment taxes. if taxes are too high but profits are very low, investors are reluctant to invest in crypto.
if we talking about taxes it could not implemented yet.as we know cryptocurrency market not legalized yet by any government.and if they do it it will give positive impact to crypto market.investors will confidence to put their money here and crypto prices could growth smoothly due new demand.Taxes, this is what investors always think about, thinking that maybe crypto taxes are also high like general investment taxes. if taxes are too high but profits are very low, investors are reluctant to invest in crypto.
afraid of being deceived,, thinking that crypto is ponzi.
Taxes, this is what investors always think about, thinking that maybe crypto taxes are also high like general investment taxes. if taxes are too high but profits are very low, investors are reluctant to invest in crypto.
if we talking about taxes it could not implemented yet.as we know cryptocurrency market not legalized yet by any government.and if they do it it will give positive impact to crypto market.investors will confidence to put their money here and crypto prices could growth smoothly due new demand. Taxes, this is what investors always think about, thinking that maybe crypto taxes are also high like general investment taxes. if taxes are too high but profits are very low, investors are reluctant to invest in crypto.
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.
In my opinion, some other reasons people don't want to invest in cryptocurrency is that they don't know about the cryptocurrency market, they are afraid of losing money when investing in this market. As we know, the cryptocurrency market fluctuates very quickly, if we do not have the knowledge and lack of market experience, then we will easily lose. I myself will continue to trust and invest in this market. I believe it will bring me more money in the future.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.
do not need an official signature, do not need stamp duty for a certain nominal, or even pass various procedures for economic and taxation transactions. But we need to understand that there are most people who don't want to do something online, they are reluctant to lose their assets in crypto for lack of knowledge, they are afraid and don't want to at least try because they are very familiar with modern capitalization that promises comfort with rules certain.
afraid of being deceived,, thinking that crypto is ponzi.
Taxes, this is what investors always think about, thinking that maybe crypto taxes are also high like general investment taxes. if taxes are too high but profits are very low, investors are reluctant to invest in crypto.
Taxes, this is what investors always think about, thinking that maybe crypto taxes are also high like general investment taxes. if taxes are too high but profits are very low, investors are reluctant to invest in crypto.
Yes I agree with your points, there are also some other reasons why people do not want to invest in crypto. Many do not know about the crypto currency. Many do not know how to use the crypto currency correctly and how to earn from it. Even many people are afraid to face financial loss while investing.It seems to me that this may be a reason why people are financially harassed while investing in some areas.
Those who want to invest, they will do it. They will not stop any situation with taxes and so etc. It's about trusting the cryptocurrency and understanding how it works. Someone has done the research and understand prospects for investment in crypto, and who it is not necessary.
Investing in crypto has big risks. It is something new so people don't fully trust her. Only the bravest people are not afraid to take risks and try something new.
The last reason you gave doesn't applicable to what is happening in my country in terms of tax administration this is so because i have pay any tax for all my crypto currency transaction since the year 2017 that I started crypto currency business activities, though my situation is it not applicable to other people's situation.
There are lot of reason why people don't want to invest into crypto.
Here are there such as follows:
- They thought that crypto is like a ponzi scheme
- They are afraid to loss their investment, in short they don't have the guts
to have the characteristics of a true traders in trading business.
- They've been thinking about that it won't take long in this type of business
in the entire world.
- Crypto for them was a piece of god damn shit, but the truth is not.
Everything you mention is true, but basically because they don't understand and know about crypto more deeply and they only know negative or bad news about crypto that makes them feel afraid to invest.Here are there such as follows:
- They thought that crypto is like a ponzi scheme
- They are afraid to loss their investment, in short they don't have the guts
to have the characteristics of a true traders in trading business.
- They've been thinking about that it won't take long in this type of business
in the entire world.
- Crypto for them was a piece of god damn shit, but the truth is not.
the main thing is because many countries and governments oppose it and crypto is indirectly considered illegal, and illegal words that make people doubt.
and gradually I was convinced that those who did not believe in Kripo would know for themselves and realized that Kirpto was the best to invest and profitable.
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
The main reason is simple. People are afraid to lose everything one day. many of them still do not trust "vague" virtual money. Additionally, they see, how the market is going up and down often.
There are lot of reason why people don't want to invest into crypto.
Here are there such as follows:
- They thought that crypto is like a ponzi scheme
- They are afraid to loss their investment, in short they don't have the guts
to have the characteristics of a true traders in trading business.
- They've been thinking about that it won't take long in this type of business
in the entire world.
- Crypto for them was a piece of god damn shit, but the truth is not.
Here are there such as follows:
- They thought that crypto is like a ponzi scheme
- They are afraid to loss their investment, in short they don't have the guts
to have the characteristics of a true traders in trading business.
- They've been thinking about that it won't take long in this type of business
in the entire world.
- Crypto for them was a piece of god damn shit, but the truth is not.
Very much in agreement with these reasons, also many times when you speak to people of Crypto's blockchain technology, they see it so good that they think that these things do not exist and that what we are looking for is that they invest money or something they can easily lose.
Many people think that all this is a lie, they do not take risks because they join with people who think alike and are those who think that what they know is safe, they do not give themselves the opportunity, knowing that they can take the train of progress and that has no return, when they want to adopt technology and Crypto have lost multiple opportunities to have been much better with some investments if at the time they were told they had believed, the most radical of all this, is that that moment will pass, when Crypto is adopted worldwide.
There are lot of reason why people don't want to invest into crypto.
Here are there such as follows:
- They thought that crypto is like a ponzi scheme
- They are afraid to loss their investment, in short they don't have the guts
to have the characteristics of a true traders in trading business.
- They've been thinking about that it won't take long in this type of business
in the entire world.
- Crypto for them was a piece of god damn shit, but the truth is not.
Here are there such as follows:
- They thought that crypto is like a ponzi scheme
- They are afraid to loss their investment, in short they don't have the guts
to have the characteristics of a true traders in trading business.
- They've been thinking about that it won't take long in this type of business
in the entire world.
- Crypto for them was a piece of god damn shit, but the truth is not.
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.
When you say it is easy to join don't buy that idea that Blockchain is quiet easy. You will have to by pass lots of processes just like when some wants to learn something for the first time you will have to know the disadvantages and advantages on what you want to take part in. Now when we talk about the tax situation it's definitely not a bad start to pay up your taxes just like the miner's they make use of power to processing each block of transactions made on the Blockchain. 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.
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
The main reason is simple. People are afraid to lose everything one day. many of them still do not trust "vague" virtual money. Additionally, they see, how the market is going up and down often.
crypto as good future , like gold at starting many didn't know about its value and people who know bought and stored who are rich now , like that crypto will be your gold in future but you should invest in good crypto projects
That's basic, investing in bad crypto project will not give any return, we call them shitcoins. Honestly though, I also analyze when I am investing in a certain coin but we cannot guarantee that we think that is good now, will still be good in the future.
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