Topic: What factors scare others from investing into bitcoin? - page 4. (Read 4232 times)

For most people, fear has a lot of volatility.Everyone is afraid to invest because of the loss of their money.Bitcoin does not have a working product,people trade air.Bitcoin is based on trust.

some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin,deciding not to invest into it anymore...some people will not join this investment because of the KYC in which they might have secrets that may reveal like tax invasions or maybe they have some offense records in which they can't really to join the investments fear the KYC because they don't like the inconvenience way during their investments processing because its time wasting for them due to some of the ICO's that are using bitcoin platform takes long time of approving the KYC...

What makes others reluctant to put resources into bitcoin is most likely a lawful factor. Since there are a few nations that forbid putting resources into bitcoins. Perhaps that is the thing that makes others hesitant to put resources into bitcoin. Or then again it could be on the grounds that bitcoin is exceptionally unsteady.

Scam and security issues are the only thing that scare me on bitcoin investment. And I believe this occur as well to everyone. Scammers are not only on bitcoin but anywhere so we have to be really careful and be knowlegable to who we are dealing and do ample research

The main factor holding back investors is the unresolved issue of the regulation of cryptocurrency world. For this reason, capitalization is not growing at the moment. There are rumors that the hearing will be postponed to February 2019, so you will still have to wait for growth and genuine trust and interest in the market.

Everyone must not believe and afraid to start investing, and they believed they got scam when investing in bitcoin, they can't be sure if Bitcoin is a scam or some scheme or anything than that, and some people are brave they know how to face the risk and make the decision.

People always think Bitcoin is a soap bubble, risking Bitcoin prices going down. Scarcity in the search for Bitcoin. That is the reason.

Investing in bitcoin is scary and unstable in particular if you don't have any idea, information or techniques. There are many factors of why human beings are scared to make investments thru bitcoin. First, is stability bitcoin are now not officially secure due to the authorities policy that tries to ban bitcoin in every country. Second, is due to the fact this is digital foreign money they are afraid on the hackers and scammers online. Lastly the price volatility, the surprising fall of fee is frightening that can cause bankruptcy.

Now it is very simple to name the main factor, which does not allow many people to decide on investing in bitcoin. And this of course its non-standard price. The second factor I think can be called the issue of the legalization of the coin.

greater volatility would not say that it is just the opposite that people are scared off because of the fact that they can win from this and start investing in bitcoin but discourages that fact that bitcoin simply does not wash

Global regulations do determine the economies of countries around the world but that will not affect Bitcoin. Bitcoin does not belong to the individual but bitcoin is owned by each individual so that Bitcoin will die by its holders. If global regulations could affect Bitcoin, maybe bitcoin is dead since its make the world suprised. The reason why some countries ban bitcoin not because of global regulations, but because they(goverment) don't want their economies to be disturbed by bitcoin.

That's according to my response.

One factors that scares other people to invest in bitcoin is because of it's volatility and unpredictability in terms of it's value. Nobody can predict and can control the price of bitcoin and even altcoins when to up and when it will goes down. And also, some are afraid because they don't have enough knowledged about the flow of crypto market.

Although the growth rate of bitcoin is very fast with many advantages to develop in the future, when investing in this market, investors can't avoid the risk. Investors who have decided to invest may face the following risks:
- Legal issue:
This is the biggest obstacle to the future of Bitcoin or any co-electronics. Accepting or opting for a bitcoin is a payment method of some countries around the world that can make this currency rise or fall. As a result, positive or negative legal changes will have a significant impact on the price of Bitcoin.

- Extension:
Bitcoin transaction time is usually between 30-40 minutes. For Bitcoin to expand and become popular, managers need to shorten the transaction confirmation process. It is not possible for a person to buy a single item that has to wait up to 30 minutes to pay. So, what is the big deal to expand the need for Bitcoin in everyday life?

- Bitcoin companies are attacked:
Bitcoin trading floors with inescapable wealth are becoming the focus of technological crime. Bitcoin history has witnessed the attacks and the Bitcoin price drop.

- Altcoin's competition:
Bitcoin also has other electronic money (Altcoin) in place to try to replace Bitcoin. The other electronic currency was born on the weakness of Bitcoin such as privacy, supply, the speed of transaction ... So Altcoin value is increasing in the market.

Looking at the other, the new electronic money will open up new opportunities for investors when the copper market bitcoin increasingly narrow and increasingly competitive.

In my opinion, some reasons that investors are still worried about BTC are:
1) BTC has not been sponsored by the government.
2) The stability of the Crypto market varies with the socio-political situation
3) The price is fluctuating.
4) Some think it's a spam.
5) afraid of the speculation of the big boss
6) Not enough knowledge to enter the market.

the most frightening thing when I ask why you are not with me on bitcoin, the reason they are afraid of the fluctuating price and they prefer to buy property for the future. their information is limited about this, so let them choose

no one dared to invest their money in a risky business that does not have enough legality to protect by the government, the rule does not apply, If only bitcoin has the same exchange rate as gold maybe many people are willing to invest their money into Bitcoin.

when theres a lot of fud news like banning some countries about cryptocurrency but its much scared when all whales or all people did not invest  bitcoin so i think it will going to back to zero again if it happen but i dont think if it will happen because the bitcoin is very famous now.

indeed, people believe what they hear on the "news", which is all lies, half truths or misinformation.. like every other mainstream source of informaton x

The most important argument is the fear that bitcoin will turn out to be a scum

Where do we start to study and collect information about investing and many other things? of course popular financial publications where you can read that investing in bitcoin and other cryptocurrencies – a terrible idea, leading to the loss of all or almost all of your money. These journalists and authors of articles to really look for the pros and cons continue to write about the dangers of investing in digital currencies. This is the very first psychological stage that makes people afraid.