Topic: whats stopping you from investing in Bitcoin? (Read 1536 times)
Nothing
some interesting answers here.
Well, I have invested a lot in Bitcoin, and now I am a proud hodler 
But I can give the example of a good friend of mine: He invests in foreign currencies and stocks, but never in bitcoin. Even though I have talked a lot about it with him, he always refuses to invest even a small % of his savings in BTC, and even alerts me all the time that "it is a ponzi scheme", that "it is no more than tulip mania", that "I will soon loose everything I have invested", etc... Anyway, he has always been such a hard-headed stubborn in any subject we talk, always insisting to be against every of my opinions (he is even comic sometimes with his reasoning) that I am already quite used to it, and nowadays he does not scare me at all any more
But I can give the example of a good friend of mine: He invests in foreign currencies and stocks, but never in bitcoin. Even though I have talked a lot about it with him, he always refuses to invest even a small % of his savings in BTC, and even alerts me all the time that "it is a ponzi scheme", that "it is no more than tulip mania", that "I will soon loose everything I have invested", etc... Anyway, he has always been such a hard-headed stubborn in any subject we talk, always insisting to be against every of my opinions (he is even comic sometimes with his reasoning) that I am already quite used to it, and nowadays he does not scare me at all any more
Im guessing we all invested some, but you cant expect people to take their whole savings and toss them on bitcoin and cross fingers everything turns out great.
Even when investing a certain amount, alot of people will use one portion of selected amount and buy in on the dips, getting more coins for their fiat.
The real wuestion is, what is stoping big players from entering the bitcoin arena; and im guessing that reason are banks, and the fact that at alot of places, buying big amounts of bitcoin aint that easy.
Even when investing a certain amount, alot of people will use one portion of selected amount and buy in on the dips, getting more coins for their fiat.
The real wuestion is, what is stoping big players from entering the bitcoin arena; and im guessing that reason are banks, and the fact that at alot of places, buying big amounts of bitcoin aint that easy.
crypto keeps me awake at night... sometimes 
and sometimes 
and sometimes 
whats stopping you from investing in Bitcoin?
Errrmm lemme think... the fact that I don't have fiat left?
Just trying to keep my dollar cost average at its lowest. Each time it dips below where my average is, I put a little more money into it. I haven't bought any in awhile though...
There is no money left for invest
I need a lot of money for living expenses
Maybe next year
I need a lot of money for living expenses
Maybe next year
I chose my initial investments and I have stuck to them so far. I aren't prepared to risk any more than I already have. Currently I am operating at a profit, and I fully appreciate that it doesn't mean anything until I cash out.
I want to get into a position when I can cash out my investment and operate on profit - I suppose that's what most people want.
I'm too bear to invest anymore capital into Bitcoin, or any other coin for that matter. There's nothing wrong with being cautious though - worst case is that you potentially miss out on growth in the value of Bitcoin.
I want to get into a position when I can cash out my investment and operate on profit - I suppose that's what most people want.
I'm too bear to invest anymore capital into Bitcoin, or any other coin for that matter. There's nothing wrong with being cautious though - worst case is that you potentially miss out on growth in the value of Bitcoin.
I am overinvested in Bitcoin. I am buying some physical gold to diversify.
Yeah, you don't want to make TOO much money...
Nothing is stopping me, as many other people, I am already invested in BTC. Will buy more if price shows a significant drop, otherwise I'm still fine.
I am overinvested in Bitcoin. I am buying some physical gold to diversify.
whats stopping you from investing in Bitcoin?
Not having enough money....
I made most of my money from mining, there is no need to invest. I usually put in about 50$ after a crash or something, and I have definitely profited off of investing.
Not me personally but a lot of people I know think it's super complicated and only for smart/nerdy people
Mostly ignorance and fear.
unable to convince my wife to put some family saving in bitcoins...
I have it but most I know won't touch it for these reasons
a. they think it's black market due to drug busts news
b. they think it's high risk due to volatility
c. they think it's risky due to all the hacking and seizure news
d. they think it's now over hyped and over valued
e. they're sheep and do what the gov and media tell them to do, brainwashed sheeple
f. they think governments will outlaw it
a. they think it's black market due to drug busts news
b. they think it's high risk due to volatility
c. they think it's risky due to all the hacking and seizure news
d. they think it's now over hyped and over valued
e. they're sheep and do what the gov and media tell them to do, brainwashed sheeple
f. they think governments will outlaw it
These are the same people that will whine about the fact that early adopters have all the bit coin when it goes main stream. You all ready see whining about it here. Get in and be part of the new wealthy elite or make excuses and stay a victim.
whats stopping you from investing in Bitcoin?
I asked some buddies and family about this matter, and the most common answer is that they don't understand how the technology works, and that they're scared price will plummet any time. These are very valid reasons.
I have it but most I know won't touch it for these reasons
a. they think it's black market due to drug busts news
b. they think it's high risk due to volatility
c. they think it's risky due to all the hacking and seizure news
d. they think it's now over hyped and over valued
e. they're sheep and do what the gov and media tell them to do, brainwashed sheeple
f. they think governments will outlaw it
a. they think it's black market due to drug busts news
b. they think it's high risk due to volatility
c. they think it's risky due to all the hacking and seizure news
d. they think it's now over hyped and over valued
e. they're sheep and do what the gov and media tell them to do, brainwashed sheeple
f. they think governments will outlaw it
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