Topic: The reason people do not want to invest in crypto - page 5. (Read 18951 times)

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

I think mostly is because most projects people decided to join ended up losing their money and the ROI is basically a lost for most and right now they fear the whole process let hope time changes that and those project start better implementation and also create and maintain their roadmaps

Got some point there bro, crypto currency brings opportunities, not sure why that previous post really against the development of this system on the future but we can't blamed those who haven't got the confidence of trusting the progress of this chain, they don't see the benefits and the usable help
of this system if being implemented properly and be part of payment transactions.

easy to join here in my opinion it is not an excuse not to invest here. in fact this is actually the advantage of cryptocurrency, yes in the sense that it makes it easier for someone to learn to invest and make money for their future even that can help cryptocurrency in terms of promotion.

I just wanted to point out this statement of yours. Why do you care on cryptocurrency if it's easy to join? It does make those lives of people who wanted to enter cryptocurrency better isn't it? It will help those beginners to enter the market easily. No hassle at all.

I think they are very valid reasons, but you have to understand that everything changes, governments change, systems change, economic systems change to make way for a much greater technology, whether or not people want changes to arise always.

Investors who do not believe in crypto, I respect them, maybe they consider going for a safe investment, like the Stock Market, in fact one of the great investors with a lot of experience Warren Buffet has always considered that Crypto is not a good investment, I respect Warren Buffet, because he has had excellent books, but I think he is a person who only locked himself in what he knows and that does not give way to new frontiers of knowledge, and one of them is the evolution of the economy using blockchain, such Once, because it is a technology that is not backed or has liquidity, it is a reason that does not give security to the criteria that he always seeks in actions.

But everything changes, I believe that the evolution of crypto goes far beyond what big investors think, there is more development than from the 1970s onwards, we are in an era where digital can control what was previously uncontrollable, where impossible almost is already possible.

So I think that the reasons for accepting crypto have increased, in fact there are already theories where they compare events where the FIAT is replaced by Bitcoin or Altcoins.

That is why I think that the reasons for OP are good, but they are not the ones that are the only ones, that there is a lot behind it that knocks down all those reasons, and every decade the technology and acceptance will be greater.

Agree with educate people. But some of them already influenced by scammer that use crypto name to make people invest in them. In my country, there are a lot of ponzi scammer use crypto and mining word to make people believe with their investment and then gone after make their investor loss.

The reason people don't want crypto investments in my country is because the government prohibits crypto use so there is no protection for crypto holders when facing problems. Besides that the government always reminds the risk for those who have crypto.
Negative coverage is also very much, from the general public and economists who master economics, always emphasize how much loss will be obtained if crypto investment. Things like that make the public interest in crypto investment very little.

Many people are still not aware of crypt currency but I think it is not good for them, we should try to educate people about crypto currency how it works and how we can generate good amount of money for just holding it, I can see as time passing crypto is taking main part in our life, very soon it will become our only investment.

There is a risk factor which often turns a lot of people down in terms of investment in the Crypto industry, but otherwise this is a great place for investors. We just need to make sure that we have right options selected in order to invest, especially with the Upcoming ICOs. And if we do that then we will for sure be able to get things working nicely to benefit from. If we still fear then we should move to smaller investment first before we make more into it.

Without knowledge of crypto then no investment, that's always a good reason why people don't invest in crypto because if we don't know what we're doing, we also fail when we join, especially a dangerous crypto market, the price for failure is always too great. In addition, information about scams, crypto is ponzi and lots of negative comments, the government has also warned people about crypto, so even if crypto is profitable, many people still dare not participate in it, the image is too bad and unreliable

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.

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 reason people do not want to invest in crypto is simply because they do not trust crypto) Thinking cryptocurrency doesn’t have any real value tied to it. And not to exclude the fact that Government are against it, plus security issues. While some just don't understand the whole crypto thing 😒

Agree with this, outsiders do not really know about bitcoin, thats why they have not dared to try to use it. they have self-defense naturally to avoid something that is still unfamiliar for them. actually promotional assistance from people around them. of course it will be very valuable

Most of the reasons are because people still don't understand the digital currency well. those who are not sure to invest are usually people who don't dare to take risks. even if it is considered in my opinion that as long as we can make the right decision, it is very likely that we will make a profit. we have to be brave enough to make a decision because when we are silent, we will never get anything.

Simple they are scared why they did not want to trust to crypto. We are risk taker here and we know what's happening behind the good or positive effects of the bitcoin they have bad effects which people only see is the bad effects. We are open minded so we choosing cryptocurrency. We cannot force them because even sometimes investors are scared because a lot of scam happening everywhere in cryptoworld.

I think that the main reason why people don't want to invest in cryptocurrency is fear. The crypto market is unpredictable, especially now many are under the impression of 2018. In many forums, in discussions and articles there is a lot of negative information about cryptocurrencies. But as soon as the majority of the news becomes positive, and the prices of cryptocurrency start to grow, immediately there will be people who will start buying crypto.

Well, in the beginning, people invested in ICOs thus cryptocurrencies mainly because those projects raising funds through the ICO were seeking to solve some important problems. But what do we see these days, most of the projects are just trying to raise money to fill some few pockets. This has affected the passion people had for cryptocurrencies. Again the crypto market has been diluted with cryptocurrencies which no one could predict their future. I believe these among many other reasons are keeping people away from investing in cryptos.

The top reason why people don't easily invest in bitcoin is the risks involved. It's main feature of being decentralized could be the very reason why people don't buy them. Some people or even "most" simply feel more secured with something that is regulated and/or backed by the government. Moreover, old peeps make up a big percentage of the population, and most of them don't really understand cryptocurrency. Surely, they are less likely to invest their money into something they don't fully understand and getting them interested in the first place can be quite tricky.