Genuinely want to know what prevents your friends/gf/ colleagues from investing?
Fear of losing their hard-earned money.
I'm not speaking in behalf of my friends or colleagues here because at first place, I didn't tell to them to invest into Bitcoin, or into any cryptocurrency, but they'll be the one who will decide for that. I'm saying it just because for me, it's the main reason why people aren't investing into cryptocurrency.
They are afraid that they might lose their money for different reasons. It's either the market is very volatile, or they might get scammed. This is the problem when people aren't guided with regards to investing in crypto. They are afraid of losing their money especially if that money is the one where they worked for it for a month or two. They're afraid to take the risk, and to ask help with people around them who has been into cryptocurrency for quite some time already.
Did you have any barriers when you first started?
Yes.
Like most of the newbies here, I'm also afraid of losing money back when I was starting in cryptocurrency. What did I do? I invested my free time watching videos, reading articles that's related to crypto. I've spent the last months learning, and learning until I know the basics of crypto. Of course I will not with the complex ones because I don't have time for it, but the bottom-line is I learned first before I invested.
Nowadays, most of the newbies aren't doing it anymore. They just throw their money into something that they think will make money for them without learning it, and the ending? Most of the time they're losing their money. I just hope that people will learn first before investing, so that they can lower their chances of losing money.