Why are people afraid to invest in cryptocurrency? - page 13.

Kupid002

sr. member

Activity: 1036

Merit: 329

Quote from: Bitkoyns on July 09, 2018, 08:21:03 AM

Quote from: GeniusAko on July 09, 2018, 05:34:20 AM

Quote from: change7 on June 10, 2018, 05:00:18 PM

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.

The risks of the cryptocurrencies are the reason why there are people who are afraid to make investment. One of the characteristics of cryptocurrency investor should have is being a risk taker. We can only become successful if we have courage to face different risks.

that is the character we should adapt, being risk taker, because we dont know how the market react the only thing we can do is to be a risk taker, the market is very volatile if you lose and you will not risk again some coins then you should not continue to work with crypto.

you can be a risk taker if you have enough knowledge to take on while you are here in crypto world taking to be blessed for what you can actually have to expect , well you just have to expect that you can be lose but as long as you know that there is a possibility that you may earn then go for it.

Vanhoang2000

newbie

Activity: 98

Merit: 0

Some people are afraid of investing in bitcoin because they think the crypto environment will always make them disappointed but you should not be pessimistic. Be optimistic and invest in the money market will give you more value.

Vineeta2october

jr. member

Activity: 90

Merit: 1

Because there is lot of information floating over the internet and rookie investors tend to follow the information just like that without checking the genuineness. Follow an expert on cryptos to learn about the currencies and then accordingly invest your money.

Bitkoyns

sr. member

Activity: 1078

Merit: 262

Quote from: GeniusAko on July 09, 2018, 05:34:20 AM

Quote from: change7 on June 10, 2018, 05:00:18 PM

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.

The risks of the cryptocurrencies are the reason why there are people who are afraid to make investment. One of the characteristics of cryptocurrency investor should have is being a risk taker. We can only become successful if we have courage to face different risks.

that is the character we should adapt, being risk taker, because we dont know how the market react the only thing we can do is to be a risk taker, the market is very volatile if you lose and you will not risk again some coins then you should not continue to work with crypto.

LooBaao

newbie

Activity: 224

Merit: 0

Because the profits of crypto bring them too big, so they enjoy and participate in them, I think there are many winners but there are also many losers, and they give up this market.

Boris_sahnevich

jr. member

Activity: 280

Merit: 1

I think that people are not accustomed to and are distrustful of crypto-currencies. Every year more and more people will work with crypto currency.

kolfedinew

newbie

Activity: 177

Merit: 0

Quote from: GeniusAko on July 09, 2018, 05:34:20 AM

Quote from: change7 on June 10, 2018, 05:00:18 PM

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.

The risks of the cryptocurrencies are the reason why there are people who are afraid to make investment. One of the characteristics of cryptocurrency investor should have is being a risk taker. We can only become successful if we have courage to face different risks.

Maybe - we dont know how to invest? We are great in the moneyearning)

GeniusAko

full member

Activity: 434

Merit: 117

Quote from: change7 on June 10, 2018, 05:00:18 PM

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.

The risks of the cryptocurrencies are the reason why there are people who are afraid to make investment. One of the characteristics of cryptocurrency investor should have is being a risk taker. We can only become successful if we have courage to face different risks.

onebtcforlife

member

Activity: 420

Merit: 10

It is their wish whether to invest in cryptocurrency or not but one thing previously we used to invest in Shit but now people are investing in technology. Lack of people don't know how to understand the technology behind it but also failed to under great innovation in this technology. SOme fake companies are scamming the investors and this makes the investor think about the companies.

Mr.John19

full member

Activity: 350

Merit: 109

They have not completely comprehended the points of interest and inconveniences of the interest in the digital currency. Try not to have sufficiently any bravery to have a go at contributing on the new present day of digital money they are not open to this sort of the exercises. Counterfeit news likewise contributed that why a portion of the general population are hesitant to put their assets on the universe of digital currency.

boynamnhi

member

Activity: 308

Merit: 10

Quote from: change7 on June 10, 2018, 05:00:18 PM

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.

You can see that the crypto market is slowly falling into recession as bitcoin prices have been falling sharply during the last half year. It can be seen that since reaching a peak in late 2017 when bitcoin price reached $ 19800, the current bitcoin price has fallen to $ 6700 level and has reached the time point $ 5800. So people are worried that bitcoin prices will continue to fall sharply and with the bottomless market, bitcoin prices will probably continue to fall further deep by the end of 2018.

jambul_kribo

sr. member

Activity: 980

Merit: 250

Quote from: bitcoinking11 on July 07, 2018, 12:48:41 AM

Cryptocurrency is a very risky investment and many people have lost all their money by investing in it. As not many people can earn by investing, so people are afraid of investing in it.

cryptomarket does have a very big risk. therefore before we invest, we must understand the risks that exist and use the money from our savings as much as we can receive when losing.

Clark05

sr. member

Activity: 1274

Merit: 263

Afraiding to one thing is normal like people who are afraid to invest their money to cryptocurrency because crypto is really dangerous because if you invest your money to crypto and once the price decrease or the altcoin that you bought dump your money too. But cryptocurrency is great opportunity.

voztata

hero member

Activity: 998

Merit: 504

Quote from: gurupauts on July 01, 2018, 06:57:49 PM

people are afraid to invest in crypto currencies because they do not dare to risk losing, then crypto currency is not for them because crypto currency is only for people who dare to take risks and will make them successful

Some people were crazy and were in extreme panic situations which were not a solution for market and can not recover with that actions and wrong perceptions but the price is related with a factor which is demand factor and increases with it directly.

Low market availability is a golden opportunity for us so as to get Bitcoins on low price so I do not know why people are afraid of the market but I think besides it that it is all their wrong perceptions about this market.

Mateo123

newbie

Activity: 182

Merit: 0

Quote from: change7 on June 10, 2018, 05:00:18 PM

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.

Yes i agree, most people afraid to invest in cryptocurrency because they lack of understanding about it or they influenced by such negative news about crypto how volatile and risky it is, well if you are well educated about cryptocurrency you have nothing to be afraid of.

bitcoinking11

member

Activity: 378

Merit: 17

Cryptocurrency is a very risky investment and many people have lost all their money by investing in it. As not many people can earn by investing, so people are afraid of investing in it.

yndye

sr. member

Activity: 616

Merit: 262

Quote from: semutracing on July 07, 2018, 12:12:24 AM

because in this world there are still many people who do not understand computers even cryptocurrency so they are afraid to invest even buy cryptocurrency and maybe because bitcoin or cryptocurrency is a new technology and requires a computer or smartphone

Especially the old generation wherein they are more comfortable using the old ways and do not attempt to learn about the new technology so it is just natural that they would be afraid to invest in something they don't fully understand. Most of the investors of cryptocurrencies are millennials because most understand how it works and are risk takers. Some are afraid it is scam because of what they have watched in television or in social media about bitcoin being a scam but we know better so we should educate them.

semutracing

full member

Activity: 350

Merit: 100

because in this world there are still many people who do not understand computers even cryptocurrency so they are afraid to invest even buy cryptocurrency and maybe because bitcoin or cryptocurrency is a new technology and requires a computer or smartphone

speedy1987

sr. member

Activity: 462

Merit: 250

Quote from: change7 on June 10, 2018, 05:00:18 PM

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.

There is lots of reason behind this question. People might loss their trust about bitcoin. They might fed up with bitcoin price dropped. Also many negative fake news are spreading everywhere. That why many new people afraid to invest in crypto.

psychie

newbie

Activity: 182

Merit: 0

People affraif of investing in cryptocutrency because they heard bad news or rumors fron other. They are affraid of taking risk because they are lack of knowledge about crypto. Crypto is also volatile and unstable.

Topic: Why are people afraid to invest in cryptocurrency? - page 13. (Read 2165 times)