In addition with reasons noted above, I can notice also that many people have fear because the crypto volatilty and the market unstability, they dont want to risk their real money in such conditions. Some other people just have wrong and fake ideas about Bitcoin and crypto currencies in general and even they think that they are a sort of ponzi scheme.
yes that true, and also because of being lack of knowledge , which is the reason why they don't want to jump on it, and also because of being known as a scam around the internet most people nowaday afraid to make an investment , even though its a fake news . So we cannot blame those who are always easily fall on that kind of stuff 'cause perhaps this kind of manner is not for them. Lol 
Topic: The reason people do not want to invest in crypto - page 40. (Read 18951 times)
the only reason is because our banks din't crash yet.. some day everything will be pure chaos and the only ones with some cripto will prevail!!
Wishful thinking. Don't really expect banks to go out of business just that easily. If anything, expect crypto to coexist with banks. As much as how good cryptocurrencies are in "being your own bank", some people would still prefer using banks for better protection of their funds.
The tax situation is the same tax nightmare that any day trader for stocks would have to deal with, I don't understand how people come to terms with the fact that it's NOT THAT BAD. Use a reputable exchange and they'll hold the information to make taxes a breeze / or as close to one as they can with their records on you.
People don't want to invest in crypto because it's as volatile as penny stocks, people want traditional investments with traditional returns. That's the best for them, I don't know why you'd be mad about what people invest in.
If you use crypto currency, you will have to pay taxes unequivocally. But I think that most of the users of crypto currency do not announce their profits and their activities. Therefore here taxation has nothing to do with it. Another possibility of investing in the crypto currency is the investment of crypto currency in the crypto currency. And because today there is a low price, so far no one is doing it.People don't want to invest in crypto because it's as volatile as penny stocks, people want traditional investments with traditional returns. That's the best for them, I don't know why you'd be mad about what people invest in.
The most prominent tokens are gathering behind the potential of the blockchain
Blockchain itself developed from the idea that the current banking system is incomplete. In particular, there is the perception that banks are collecting too many fees by mediating, and that banks take too long to confirm and resolve transactions, especially in the context of multinational transactions. it may take up to 5 business days. Blockchain solves this problem by dealing with faster transactions (sometimes in real time), as well as breaking the bank completely when the transaction costs go down a lot.
It should be pointed out that blockchain has a lot of applications in the non-monetary context. It can also be used to manage supply chains, create digital IDs, maintain loyalty programs for retailers, and more.
Of course, the block chain needs a long way to go, but people need vision to see the long-term potential of blockchain.
Blockchain itself developed from the idea that the current banking system is incomplete. In particular, there is the perception that banks are collecting too many fees by mediating, and that banks take too long to confirm and resolve transactions, especially in the context of multinational transactions. it may take up to 5 business days. Blockchain solves this problem by dealing with faster transactions (sometimes in real time), as well as breaking the bank completely when the transaction costs go down a lot.
It should be pointed out that blockchain has a lot of applications in the non-monetary context. It can also be used to manage supply chains, create digital IDs, maintain loyalty programs for retailers, and more.
Of course, the block chain needs a long way to go, but people need vision to see the long-term potential of blockchain.
Another cause is that in many countries governments consider bitcoin to be illegal. So many people do not dare invest in the crypto fear of law
The one that I encountered was
1. Crypto investments are too volatile, sometimes the price moving is too deep, it's a very risky investment
2. A lot of scammed project, so many people already got scammed by the ICO, even if we mention that they don't do the research properly they will still blame crypto
3. There is a chance the government going to banned crypto, every government now has been put a lot of focus on crypto, because of a bunch of people using crypto for bad things, maybe the government is going to banned it
Not all people can accept the new things, so we can't blame them to not believe in crypto
1. Crypto investments are too volatile, sometimes the price moving is too deep, it's a very risky investment
2. A lot of scammed project, so many people already got scammed by the ICO, even if we mention that they don't do the research properly they will still blame crypto
3. There is a chance the government going to banned crypto, every government now has been put a lot of focus on crypto, because of a bunch of people using crypto for bad things, maybe the government is going to banned it
Not all people can accept the new things, so we can't blame them to not believe 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.
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 think they don't want the investment because
-not interested
-do not understand about the ICO or Cryptocurrency
-fear bubble if occurred
the only reason is because our banks din't crash yet.. some day everything will be pure chaos and the only ones with some cripto will prevail!!
[...]
Let's be sincere and honest here, People do not have facilities in the purchase of bitcoin, this is a hard reality, I personally to buy bitcoin I have to take many steps and pay many fees, it is not easy to take money from the bank and buy bitcoin, at least in many countries. I pay $30 of fee every time I wanted to buy bitcoin.
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.
are very valuable points, and many people who have money will not invest in something that their governments do not encourage
The tax situation is the same tax nightmare that any day trader for stocks would have to deal with, I don't understand how people come to terms with the fact that it's NOT THAT BAD. Use a reputable exchange and they'll hold the information to make taxes a breeze / or as close to one as they can with their records on you.
People don't want to invest in crypto because it's as volatile as penny stocks, people want traditional investments with traditional returns. That's the best for them, I don't know why you'd be mad about what people invest in.
If you use crypto currency, you will have to pay taxes unequivocally. But I think that most of the users of crypto currency do not announce their profits and their activities. Therefore here taxation has nothing to do with it. Another possibility of investing in the crypto currency is the investment of crypto currency in the crypto currency. And because today there is a low price, so far no one is doing it. People don't want to invest in crypto because it's as volatile as penny stocks, people want traditional investments with traditional returns. That's the best for them, I don't know why you'd be mad about what people invest in.
The tax situation is the same tax nightmare that any day trader for stocks would have to deal with, I don't understand how people come to terms with the fact that it's NOT THAT BAD. Use a reputable exchange and they'll hold the information to make taxes a breeze / or as close to one as they can with their records on you.
People don't want to invest in crypto because it's as volatile as penny stocks, people want traditional investments with traditional returns. That's the best for them, I don't know why you'd be mad about what people invest in.
People don't want to invest in crypto because it's as volatile as penny stocks, people want traditional investments with traditional returns. That's the best for them, I don't know why you'd be mad about what people invest in.
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
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.
1. Investment phobia
2. Cognitive Dissonance
3. Lack of knowledge
4. Risk avoidance tendency
5. Lack of prediction ability
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.
The uncertainty about regulation and whether the asset will be seen as a capital gain, or income for tax purposes is the greatest worry I have had as a newbie.
Also the transfer between tokens and FIAT currencies is not simple as yet. Once there is an easy way to invest in crypto, I think more folks will jump on board
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.
That's right! Bitcoin and cryptocurrency in general is still evolving and given that it's knowledge based, a lot of grey areas are inevitable and even most governments across the globe are having some hard time understanding the phenomenon and that explains why we often hear them talk of banning Bitcoin on one day, only to start echoing regulation the following day. 
Too easy to join.
Ain't that one of the reason that they want to be invested?
With other funds or stocks you will need a lot of paper works and also a broker. Here you can DIY. You just need some information about the token you will be investing and make sure it is legitimate.
If I will be given another chance and go back then I will still pick this choice to be invested with.
Ain't that one of the reason that they want to be invested?
With other funds or stocks you will need a lot of paper works and also a broker. Here you can DIY. You just need some information about the token you will be investing and make sure it is legitimate.
If I will be given another chance and go back then I will still pick this choice to be invested with.
Tax situation is not nightmare at all. In most developed county there is a Capital gain tax ONLY when you convert to fiat.
The real reason is that they are scared from the new. Like there were scared to invest in internet at first, for example.
The real reason is that they are scared from the new. Like there were scared to invest in internet at first, for example.
In my opinion. Main reasons are low quantity of very successful ICOs, and not too much positive news.
ICOs ? it's a cancer in cryptosphere mate.
as we can see,many people started to join the community after they heard the ads on internet about 'something' related to cryptocurrency and technology such as those ICOs.
they felt intrested and started to join,
but when the project concluded the sale,they're gone forever.
that was why many people do not want to invest or join or whatever you called it their money or time into cryptosphere.
every bad news that we heard was related to Fraud and Fake ICOs,nothing great came from those shitty ICOs i believe.
In my opinion. Main reasons are low quantity of very successful ICOs, and not too much positive news.
Tell you what there is hardly few people who really cares about the blockchain being developed and the dependency of the crypto projects on it. They just overlook whole thing and get attracted to it for the purpose of profits. I mean if you show them the profits then boom there you go, you will tons of people as investors in the bitcoin or crypto currency as whole. Believe me thats what always happens whenever the good and bad news pops in. Its about the price and not the developments. Ask yourself, why are you here, to make profits or to take the daily updates on how blockchain is getting developed?
Just a thought though!
Just a thought though!
Mainly due to the price volatility,they are afraid of losing their investment so they don't want to take that kind of risks but more and more people are now getting into the cryotocurrency world after understanding its capabilities and potential to make money in short term.
Jump to: