Topic: The reason people do not want to invest in crypto - page 7. (Read 18951 times)
I think besides these reasons a lot of people don't know much about cryptocurerncy and many others are fearful of investing because of the high risk factors, they don't want to lose their money.
The biggest reason I've seen is the volatility, this past bear market has scared off a huge amount of people. Throw in all these wallet hacks and you have a recipe for disaster.
Some countries consider cryptocurrency as bad money because a lot of criminals and syndicates use cryptocurrency as line of their financial transactions which is untraceable to the authorities. Since cryptocurrency is full of anonymity, this is very good alley for money laundering. These are the reasons why some governments are banning cryptocurrency. Some countries would like to regulate cryptocurrency, however it is opposite to the direction of cryptocurrency which is decentralized.
I think people want to be involved in bitcoin and there are investing in it. I am happy that bitcoin is now attracting mainstream media and many people are becoming interested in it. Now the volume keep increasing and so many good news are coming out.
So now people are educated and they are agree to invest in cryptocurrency for making profit because awareness is now all over, those who are not agree to invest is because they are not having money or proper knowledge about crypto currency, so this is the main reason behind increasing volume of cryptocurrency.1. They don't believe crypto
2. They don't want to take risk
3. They don't have enough knowledge about crypto.
I think people want to be involved in bitcoin and there are investing in it. I am happy that bitcoin is now attracting mainstream media and many people are becoming interested in it. Now the volume keep increasing and so many good news are coming out.
So now people are educated and they are agree to invest in cryptocurrency for making profit because awareness is now all over, those who are not agree to invest is because they are not having money or proper knowledge about crypto currency, so this is the main reason behind increasing volume of cryptocurrency. 
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.
I think the lack of money and lack of awareness, are the two major factors which prevent people from investing in crypto currencies. If you do not have sufficient fiat money, you cannot invest in crypto. Secondly even if you have money, you do not trust crypto and think it will end one day, this thought will also not let you invest in crypto currencies.
Personally, I was afraid for a long time to invest in cryptocurrencies. And the first portfolio collected exclusively from the bounty campaigns. Now I try to invest part of my earnings in the medium and long term. I hope that over time my investments will bring me good money.
Yes, the same happened with me too when i started to know about bitcoins. I was afraid to invest and convert my money in bitcoin as i did not have firm belief that crypto could last forever. I only collected bitcoins from small tasks online etc. Now things have changes and i have converted half of my savings into crypto currencies.
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.
I think the lack of money and lack of awareness, are the two major factors which prevent people from investing in crypto currencies. If you do not have sufficient fiat money, you cannot invest in crypto. Secondly even if you have money, you do not trust crypto and think it will end one day, this thought will also not let you invest in crypto currencies.
Personally, I was afraid for a long time to invest in cryptocurrencies. And the first portfolio collected exclusively from the bounty campaigns. Now I try to invest part of my earnings in the medium and long term. I hope that over time my investments will bring me good money.
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.
I think the lack of money and lack of awareness, are the two major factors which prevent people from investing in crypto currencies. If you do not have sufficient fiat money, you cannot invest in crypto. Secondly even if you have money, you do not trust crypto and think it will end one day, this thought will also not let you invest in crypto currencies.
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.
I think the lack of money and lack of awareness, are the two major factors which prevent people from investing in crypto currencies. If you do not have sufficient fiat money, you cannot invest in crypto. Secondly even if you have money, you do not trust crypto and think it will end one day, this thought will also not let you invest in crypto currencies.
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.
I think people want to be involved in bitcoin and there are investing in it. I am happy that bitcoin is now attracting mainstream media and many people are becoming interested in it. Now the volume keep increasing and so many good news are coming out.
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
All of these points are valid. Bitcoin is a very volatile and high-risk investment and those who are afraid or not capable of taking such a risk should rather go for assets with low volatility, such as the US treasury bonds or bullion bars.
I don't invest much in Cryptos directly but I trade on it a lot. I use FreshForex company which got both Forex and Cryptos available to trade. Why I do this is because I can sell if price go down and buy when I think it will go up. I can also close if I fear wrong decision but most direct crypto buyers will not find it easy to do what I can. So do it only with broker not direct.
Invest and trade are not same. Invest should be for a long time but for trade you do not hold that to you you will sell that once you see profit on that item. At the same time we can say invest and trading are same as you have to invest your money on the item you want to buy. 
It is logical that any new technology will take time to adopt and the blockchain already shows many examples of use and investors are happy that they can make a profit from this
blockchain tecnology didnt be new technology again.its already developt more than 10 years.and maybe in near future blockchain and bitcoin will adopted by many institution and organizations.Blockchain technolgy precisely developed promising and convenient for every investors who are fierce to accept loseness and endure to invest even it take more riskier. Being optimism and contingent for the great valuable outcome in return of striving and being patience from long bear trend is a good concept we have to hold for the great thrive. And for those people who do not invest in crypto are not interested on gaining profits, because if they are willing to penetrate, they have to find ways to show how eager they are to learn and take the risk to gain profits on their own work.
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.
It is logical that any new technology will take time to adopt and the blockchain already shows many examples of use and investors are happy that they can make a profit from this
blockchain tecnology didnt be new technology again.its already developt more than 10 years.and maybe in near future blockchain and bitcoin will adopted by many institution and organizations.
If the challenges upon security, market stability, and petntials to grow are answered, I think the greater people interest to join crypto ecosystem would also grow, and it is normal.
It is logical that any new technology will take time to adopt and the blockchain already shows many examples of use and investors are happy that they can make a profit from this
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.
People still don't have much knowledge about crypto currencies yet so it is not a big surprise if they are scared to invest but once people fimd bitcoin is more safer than fiat money common people will accept it for day to day usage as well. The real reason is that they are scared from the new. Like there were scared to invest in internet at first, for example.
1. Blockchain has a long way to go to be a practical solution
Everything in this world had a long way to be an innovation 
. 2. Too easy to join
Being too easy to join in crypto makes it more better than any other sort of "practical solution." With these, it's easy to have more people to join cryptocurrencies.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.
What do you mean developers does not generate revenue for their tokens? Of course they are having revenues behind their projects. First, ICO they are conducting ICO for those investors who wanted to give share for their project. And their project itself, for example that is a grocery type of business, after ICO and some investments those only "idea" projects will come to reality since they can have the startup money for their project that was gathered from investors.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.
You're talking about fee in here. Tax is different from fee. 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.
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