Topic: What factors scare others from investing into bitcoin? - page 60. (Read 4232 times)
To be honest I feel very confortable with AML BitCoin. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions, while maintaining and sthrengthening the privacy protections for legitimate users.
I believe that price volatility and legal status are the main concern for anyone to think about their involvement in Bitcoin and other crypto currencies. I do not think that there are other problems like technology or user friendliness. Lack of awareness is one of the main reasons for people not to get involved with Bitcoin because they believe the media story without doing their own research and try to understand what is Bitcoin technology and blockchain and how it works. Thanks
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?
Many people joined in bitcoin because of the thought that it can help us to have additional income and we think and hope that through bitcoin we can be rich. But most people are also scared to invest in bitcoin because of its volatility where the price fluctuates and the people get panic and would think when the price will recover. Another thing is also the acceptance of the government. There are some countries who are accepting and maybe made the bitcoin legal, but there are also countries who banned it and made it illegal. I think these two factors are two of the most reasons why people are scared to invest in bitcoin.
It is true that there are still many who are afraid to invest in bitcoin, and I think the reason is one of them with constantly changing price changes, as well as a lack of understanding.
I guess its the issues that has being thrown towards this great coin,those Fuds,fake news and the pumping and dumping that what has said being manipulated by whales.
Maybe this is the task we must do to clean the name of bitcoin together with the cryptocurrency's so we all benefits the incoming investors
Maybe this is the task we must do to clean the name of bitcoin together with the cryptocurrency's so we all benefits the incoming investors
I think the most scary about investing in bitcoin is the high volatility of its market value that can cause of the unexpected decrease and decrease of its price that could be hard for anyone to predict, no one really knows when it will rise or fall.
Crypto investment is totally a risky thing, but if you can take it and manage to control your emotions, definitely you will succeed. The reasons why some individuals are getting failed in here just because of uncontrolled emotions which could lead them of not thinking wise. I may say that volatility grows as market continuously spreading, having an unpredictable market trend gives worries to the people and couldn't control their self which makes them decide to sell their coins once there is a sudden fall. It's a loss for them actually.
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?
I think if you enter in crypto world especially in bitcoin investment you need a wide minded about this because it's serious and risky. If your not study about bitcoin or crypto you can't understand that the volatility is included to bitcoin.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.
Those type of people when hearing something that they can take such as volatility and risk, they are not real investors. It's either they just heard about bitcoin and only listened to the word "profitable" but not with it's nature.Guys, what are some other factors that scare people from investing into bitcoin?
Speculations that are against to bitcoin that are bringing up negativity, this makes them skeptical.
I think the volatility of bitcoin is one factor others considered why they are scared in investing in bitcoin because they are afraid to lose their money . Scammers are another factor to consider. A lot of people don't want to invest in bitcoin sometimes when they heard bitcoin the thing comes on their mind bitcoin is scam. They don't want to be scam. Another is Risk,other people are not risk taker because they don't want to loss their money.They don't want to regret if ever. They have no trust in crypto that's why they don't want to invest in bitcoin.
I think the risk of losing money, if you see the price chart you can see how big was the falling price, from december 2017 until now the price has fallen quite deep and many people lost money and the situation got worse by exchanges being hacked and some government banning crypto, it makes the people wonder will crypto giving them profit
The current situation for crypto is not really good to attract investors because instead of getting interest in bitcoin because of its price that will suddenly goes up to the moon,they will just fear on it and think that they will lose if they had invested before.They should be aware first that volatility is normal for bitcoin and this current phenomenon just happens every year.But if you have really faith in bitcoin,do not lost hope because bitcoin will soon to recover its price after its long dips.
I think the risk of losing money, if you see the price chart you can see how big was the falling price, from december 2017 until now the price has fallen quite deep and many people lost money and the situation got worse by exchanges being hacked and some government banning crypto, it makes the people wonder will crypto giving them profit
yes, there are so many people who are currently afraid to invest in bitcoin, but some people are still making bitcoin as an investment, and they believe that bitcoin can still be used as a good investment, and still be useful for people. I also still believe that someday bitcoin will be able to provide a lot of benefits for me.
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?
High risk, volatility and uncertainty are the main reasons why people hesitant to invrst in bitcoin and some other reason to consider also lack of information on how bitcoin works or how it could be used in your daily online transaction. 
They are scared if value will suddenly goes down when the time they invest on it. Second the legalization of bitcoin, scared that bitcoin will instantly banned in all countries. And last is if bitcoin is a scam.
The main reason why people do not invest in bitcoin is because of their immense volatility as there is no security that their capital will not be eroded overnight
because bitcoin has no physical form and does not get support from some big investors,
the role of large investors will greatly influence the growth movement of the cryptocurrency industry,
and these big investors frankly deny the existence of bitcoin which then new people do not want to know bitcoin with any reason
the role of large investors will greatly influence the growth movement of the cryptocurrency industry,
and these big investors frankly deny the existence of bitcoin which then new people do not want to know bitcoin with any reason
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?
I think the big factor here is the price alone because having a fluctuating value is scary and risky at the same time. Just like right now bitcoin is starting to lose investors because of its value that went to drop really deep this year. I think the second will be the influences and third is going to be the bitcoin ban to country. Well the media influences us not to invest into bitcoin and the country banning means you cant use bitcoin as an jnvestment anymore. 
many people are afraid to invest in bitcoin just because they hear stories from people who are not responsible, have not proven themselves even been influenced by the talk of others so as to make itself not develop
Currently many private deals are taking place on the backside making it unlikely for Bitcoin to skyrocket again nothings putting pressure to put price up. Ethereum if they actually add the anticipated upgrades could make it 10 thousand times faster more efficient at that point I could see it exploding
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