Topic: What factors scare others from investing into bitcoin? - page 6. (Read 4232 times)
Many investors are stopped by the big volatility, not stability of the course, not legality, not controllability, anonymity, although these factors can be plus for investments.
Bitcoin has made considerable progress and come truly come to remain. Truly, whenever a few people who know nothing about bitcoin are acquaint with bitcoin about how bitcoin functions, they channel all their thoughtfulness regarding whoever is passing the data to them by listening mindfully. In any case, in the wake of building up the enthusiasm for bitcoin, they rapidly return their enthusiasm for bitcoin the minute they know about the unstable idea of bitcoin, along these lines, choosing not to put into it any longer. Folks, what are some different components that unnerve individuals from putting into bitcoin?
In my opinion, some of the reasons investors do not invest in bitcoin are:
- Bitcoin is not legalized.
- Bitcoin price is unstable and difficult to predict. is another factor,
- The fear of fraud by investors by the information brought by the government.
All of the above factors make investors confused do not dare to invest large amounts of money into Bitcoin
Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime 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. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
The volatility of the bitcoin is the main factor why there are investors who are afraid to buy bitcoin. It is really hard to predict if the price of the bitcoin will go up or go down. If you will buy bitcoin, you should know when is the right time to enter and to exit cryptocurrency trading.
actually, bitcoin investment is a gray zone because the function of bitcoin is still unclear. many speculators who do not understand the function of bitcoin make price fluctuations rapidly change, so it seems to be gambling. therefore lots of traders are afraid of their money is lost due to bitcoin, they prefer to take losses by expecting to buy back at a low price.
If that's the case, traders are easily influenced by news that is burned through mainstream media. especially when there is a hacking issue, this is why people are increasingly afraid of losing their money.
If that's the case, traders are easily influenced by news that is burned through mainstream media. especially when there is a hacking issue, this is why people are increasingly afraid of losing their money.
I think main factor is bitcoin's votality which crushes some people's hope for easy money as the gap between bitcoin price in 2017 and 2018 is huge. This makes people think bitcoin is a bubble,and they don't want to explore and learn how crypto market works.
There are a lot of facts that scare the investors among them number one is scammer number two volatility and last but most important is the present market condition.
At the moment, many people did not understand the potentials that bitcoin bears. Soon bitcoin will be on top and can beat even the currency that we use now to buy bitcoin. Another reason is the government's prohibition on bitcoin, many do not want to fight the government, so they are afraid to buy bitcoin
I think the main factors would be its price's volatility and the legal issues that has been present towards bitcoin's journey. It brings up doubt for other people who are new in this kind of industry. Though, bitcoin proves a lot from now and then that there will be a good revert afterwards.
bitcoin prices so that someone calls bitcoin a bubble that is ready to erupt suddenly it might be true and that is one of the weaknesses in bitcoin fears at the time of selling maybe that pessimism makes us sell quickly because of course we don't want to bear losses
People afraid investing in bitcoin because they only know bad issue about bitcoin more than knowing good news about it and people scare to lose their money in bitcoin because it's fluctuation.
i think the huge crash kinda scare people away 
The biggest factor that I think scares people the most is the fact that they are completely blank about what crypto currencies really are. Those who are not tech savvy have a hard time understanding how to buy or store their coins. Not to mention securing their wallets and keeping their keys safe. 
Right now I think the main factor is the scammers and only because of them many user become scammed and now they become afraid and scare to invest.
I believe these new investors are really scared of losing their money since they are not really prepared for it or per.e good for now since bear market has been experience for several weeks already and this could also a factor that investors are scared to put up an investment for bitcoin.
Bitcoins operates with out any regulations.This means that there is no central regulatory body that overseas the bitcoin operations making most investors afraid to invest in the network.And most of the people and investors don't understand the block chain technology.They believed bitcoin support criminal activities.
Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime 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. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
volatility, phishing, fraud, all things that must be watched when you enter the world of investment.I think that's the reason they are afraid to invest in bitcoin.
People fear that they may wake up one day and find Bitcoin no more existing due to governmental regulations. I can only attribute this to the lack of readiness on the part of these people to learn about the actual concept of Bitcoin in order to allay all these misconceptions.
Many problems can be pointed. Hackers, price going down, many negative prediction about its life in future made people stop investing in BTC. 
Bitcoin or Blockchain is still very prematurely known. You lose your Private key and you can no longer access your wallet. People who bought Bitcoin at $15,000.00 and sold them @ $9,000.00 and still checking now from time to time most likely has accepted the $6,000.00 loss.
I know a friend who invested to Bitcoin when it was at it's price of $4,500.00. he invested $10,000.00 and he tried to do he calls it ( margin trading ) the last time I check on him, total value of his Bitcoin is now down to $4,500.00 the around 2.1 BTC he have before is down to 0.8 BTC now, and he still hasn't given up.
Many problems can be pointed. Hackers, price going down, many negative prediction about its life in future made people stop investing in BTC.
Bitcoin or Blockchain is still very prematurely known. You lose your Private key and you can no longer access your wallet. People who bought Bitcoin at $15,000.00 and sold them @ $9,000.00 and still checking now from time to time most likely has accepted the $6,000.00 loss.
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