i think the main reason why people are hesitant to invest in crypto is because
it has been used in several scam schemes
secondly crypto basically doesnt have real value.
Topic: The reason people do not want to invest in crypto - page 6. (Read 18926 times)
Perhaps Bitcoin is too risky when it has no rules and no general rules of operation. The reason why we see Bitcoin falling more rapidly than other currencies. Are investors afraid to put money into it ?
We have to be aware that many people still don't know much about crypto, no matter how this might sound strange. People outside this forum still don't accept crypto as something that should become a part of their lives and they don't trust it much, still some find it as a some kind of scam. The situation is changing and it's better than few years ago but there is still lot to be done on promotion of cryptocurrencies and education of people.
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.
I agree with you but in my opinion, some people do not want to participate in the crypto market because they are not knowledgeable about Bitcoin and the crypto market. Second, old thoughts have not changed in them when the public world Technology is changing lives. The government in some countries does not recognize Bitcoin.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.
It is one of the main reason many people are not showing interest because of their governments. They are restricting the people by not buying the cryptocurrency and in the same way, they don't have proper knowledge about the blockchain and technology behind.
Investing and means it will definitely useful for the future so we cannot make any changes on that wild after investment so so people want to take their life so much useful in their future will definitely needs a lots of money to to live without any problem it is the most important thing for everyone to invest in cryptocurrency.
I don't think many of these reasons are valid or at least not much a problem to me, these can easily be tackled firstly if there is an introduction to upgraded or next generation blockchain then the switching with not be a very complex or time-consuming method. it will be fairly easy like going from one cryptocurrency to another. and secondly people have to understand that the token values are not what to invest into but their potential is what matters. like if a token has a lot of potential in coming years then surely a lot of big companies are also going to see that.
I think that the reason why people do not want to invest in crypto currency because because of the technology gap and banal education of the population.
The simplest reason is the lack of money. Some of them would like to buy cryptocurrencies, but they do not have assets. The other reason is fear. People are scared to see the crypto fall again.
bitcoin it self is not new because bitcoin is now 10 years young . idk if 10 years for you is still small or maybe you arent aware with that fact . with the 10 years of existence , bitcoin is already legal on almost 110 countries based on the latest statistic that i saw lately from one of the users here on bitcointalk . the only reason that i can think of right now on why there are still people who dont want to invest in bitcoin or in crypto in general is that they dont have a knowledge or interest on it .
People never want to refuse on the cryptos if they know actually what is cryptos and how much growth it is having every year. 
It’s no longer surprising for people who truly understand of how cryptocurrency works, those who know its potential and believe in its use, certainly trust that it is worth investing. Some of the reasons why crypto critics are so quick to dismiss cryptocurrency would be because of the assumption that it has no any real value and is not it’s not backed by any government that they feel and find it is not secured and safe. Lastly, this technology is developing and public simply doesn’t know how it works. If only we are all well-educated and willing to learn then we will be able to acquire knowledge and skills that can help us better understand how beneficial and profitable crypto is. 
I think that the reason why people do not want to invest in crypto currency because because of the technology gap and banal education of the population.
The simplest reason is the lack of money. Some of them would like to buy cryptocurrencies, but they do not have assets. The other reason is fear. People are scared to see the crypto fall again.
Perhaps people are afraid and do not dare to invest in Bitcoin because it depreciates too quickly and is unstable like gold. Bans and rules of countries are too sensitive to Bitcoin prices.
The main reason for the fact that so far few people invest in cryptocurrency is the lack of reliable information about the platforms that can develop steadily and a sufficiently large volatility of prices for them
People never want to refuse on the cryptos if they know actually what is cryptos and how much growth it is having every year.
indeed, there are still not many people who know what cryptocurrency is and they are still confused about how to benefit from cryptocurrency, but I am sure there will be many people who enter the cryptocurrency world and there will be many people who become rich in cryptocurrency. 
People never want to refuse on the cryptos if they know actually what is cryptos and how much growth it is having every year.
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.
I agree with you but in my opinion, some people do not want to participate in the crypto market because they are not knowledgeable about Bitcoin and the crypto market. Second, old thoughts have not changed in them when the public world Technology is changing lives. The government in some countries does not recognize Bitcoin. 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 that the reason why people do not want to invest in crypto currency because because of the technology gap and banal education of the population.
The simplest reason is the lack of money. Some of them would like to buy cryptocurrencies, but they do not have assets. The other reason is fear. People are scared to see the crypto fall again.
I think that the reason why people do not want to invest in crypto currency because because of the technology gap and banal education of the population.
The simplest reason is the lack of money. Some of them would like to buy cryptocurrencies, but they do not have assets. The other reason is fear. People are scared to see the crypto fall again.
When I ask my friend on his opinion on bitcoin, his prompt answer is: scam. His answer is based on what he saw on tv when a suspect is apprehended by authorities on scamming accusation. The suspect used bitcoin as a mode of payment in his investment scam. It is one of the reasons why some people are afraid of buying bitcoin because they believe it is a scam based on what seen or read. A lot of people in my place are not even aware that there are another kinds of currencies that exists in the internet.
In fact, a lot of people do not know about the blockchain technology, its advantages and how cryptocurrencies can not only make life easier, but also remove a lot of intermediaries in many activities, it is a matter of time
Apart from the elimination of intermediaries through the blockchain technology, and further people always prefer to be on the safer side. Cryptocurrency is filled with risk factors, and when it comes to trading the risk is high. Users who has the mind to risk will get into bitcoin while the rest prefer gold and other material based investment. For people who don't invest in crypto, they never understand crypto well. Because for someone who knows crypto and understands it, they will invest in crypto. Those who don't invest are usually people who are easily influenced by information and they have never tried it. Even though every job has risks and for smart people, they will get something satisfying results.
the point is that before they take action they are afraid of the effects they will face if they can invest in crypto currencies. but for most people, there is a big risk in this type of investment, of course it can provide a big advantage if we can choose the right action to decide because it has strong research on the types of coins we will invest
In fact, a lot of people do not know about the blockchain technology, its advantages and how cryptocurrencies can not only make life easier, but also remove a lot of intermediaries in many activities, it is a matter of time
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