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Topic: Why are people afraid to invest in cryptocurrency? - page 10. (Read 2165 times)

jr. member
Activity: 252
Merit: 1
People are afraid of cryptocurrency for some reasons. The   volatility in crypto is too much as prices can go 100% in a day and u can lose 80% of your funds in a day depends on how the market behaves. This is the main reason why people are afraid of cryptocurrency
sr. member
Activity: 779
Merit: 250
Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.

In my own opinion, people are not afraid of cryptocurrency but they are sacred to lose their investment because the market is not stable on increasing and people just want to earn profit and do not want to take risk.
member
Activity: 294
Merit: 36
Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.


Some people or should I say most of the people who don't trust or invest in cryptocurrency are those people who are clueless or those who don't have enough knowledge about the use of and profit of investing in digital currency. They are afraid to take the risk since they haven't tried it
newbie
Activity: 294
Merit: 0
Most of the investor have been losing their capital since a long time,so they afraid to invest into  crypto currency. On the other hand most of the investor doesn't understand crypto currency especially new investor.This is one of the reson.
full member
Activity: 524
Merit: 100
Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.

People are not actually afraid to invest on cryptocurrency but most of the investors today are avoiding to lose a huge amount of profit, but there will be always a risk in order to become successful in the future so you cannot avoid risk in order to obtain a huge amount of profit because you need to invest and wait for the price to grow up.
People afraid of investing in bitcoin because the price is very low and still no hope for pump in the price. People scare of losing their money and they avoid investing in bitcoin. Now many people are putting their money in Altcoin because Altcoin has great potencail than bitcoin and the profit margin is also good than bitcoin for the time being.
jr. member
Activity: 126
Merit: 1
Many are scared of investing in cryptocurrency because of it's volatile nature which is very high. It's only old time traders have the nerve to withand serious dumps because of what they have learned already. Looking at newbies, you don't expect to tell them that crypto is a fifty fity game they they will jump right to it. So it's always normal when people are kind of reluctant to enter in cryptocurrency.Some still tags it ponzi scheme.
newbie
Activity: 154
Merit: 0
Those who are afraid of investing in cryptocurrency are often ignorant. They can not find the exact information. Or they do not have faith in electronic money. They think there are so many swindlers around and they are afraid of losing money with cryptocurrency. When they lack the information they will surely be afraid
sr. member
Activity: 1041
Merit: 273
Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.
It’s a normal thing, everyone should be afraid of any kind of business that is being done online. Have you ever heard about Money Making Machine (MMM)? Things like that scared the hell out of people and have thought people never to invest money in everything online lol.

So they are just being careful. And by the way, not everyone hated Bitcoin, some of them are just not interested cause the feel like it is not the right thing for them to do.
jr. member
Activity: 62
Merit: 1
I think the reason for their fear is that normally people do not usually work with cryptocurrencies, a topic that not everyone knows and therefore do not understand the potential of each of them. It's just a matter of time for people to get to know them and join the world of crypts
member
Activity: 350
Merit: 10
It is because cryptocurrencies are volatile that you can expect it to have a rising price now and have dropping price later. With negative current issues and news that they read or heard from others, that made them unwilling to invest.
newbie
Activity: 185
Merit: 0
In my opinion, maybe because of the price of the token and how the investors are treated.

My current favourite is trade.io
The tokens are cheap (as for now) and the demand is in the verge of growing as well.
The tokens are very investor friendly and the management is very much putting the priority of the investors above all.
newbie
Activity: 56
Merit: 0
One of the big reason why they do not invest in crypto because it's very risky. And there is no investor that would like to take big risks. Also, the price of crypto has no regulation that can regulate the amount of supply and demand.
newbie
Activity: 154
Merit: 0
I am investing already for 5 years and I am still sometimes afraid to do that, because while the market has downtrend, you just can not be confident 100% of what your investing in
legendary
Activity: 2660
Merit: 1261

In my own opinion, people are not afraid of trading but most of them do not like to take the risk that's why not every people are really interested on cryptocurrency.
Because the reason he dont know how to predicted the price movement. Thats why before investing on Cryptocurrency or Stock Exchange must learn about Technical Analysis or Fundamental Analysis.
full member
Activity: 420
Merit: 100
Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.

In my own opinion, people are not afraid of trading but most of them do not like to take the risk that's why not every people are really interested on cryptocurrency.
newbie
Activity: 16
Merit: 0
high risk e-money market. Government does not support.
member
Activity: 392
Merit: 10
Ccfound
knowledge is the key for every investor to begin investing their money in cryptocurrency, we can't deny that market volatility still the horrifying risk in cryptocurrency investment some whales can dump or pump the price backed by very huge amount of their capital or make price manipulation to get profit and advantages from other small investors. if you find the key how to invest in cryptocurrency it would make you very rich no matter what whales did with the price and other cryptocurrency risks.
sr. member
Activity: 672
Merit: 250
Most people find investing either too complex and  are afraid to take the first step in their cryptocurrency
Perhaps they have not fully understood the way the Crypto market works, and they only hear crypto codes, but they have not experienced it. they fear losing capital.
Yeah it is right that crypto investment is very risky and you can lose all or some of your money. If you have the dare to bear the loss in crypto investment then you can invest in crypto, otherwise this field is not for you. Many people cannot take risks and afraid of losing their hard earn money, so they avoid investing in cryptocurrency and it is normal.
member
Activity: 576
Merit: 43
it seems that many people are afraid to invest in cryptocurrency because they are still lacking and do not understand how to benefit from cryptocurrency investment so cryptocurrency education should be very important.
full member
Activity: 518
Merit: 100
There are a number of reasons, but the main reason is that market prices fluctuate, possibly in the future will be one of the risky market and the number of people to abandon the market is large.

Some people are afraid to face the risk, we all know that in crypto it will be easy to lost our money so those people who really don't aware in crypto is the people who are scared to invest. But if you are totally understand crypto then there is no reason to afraid especially if you know how to analyst.
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