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Topic: Why are people afraid to invest in cryptocurrency? - page 17. (Read 2163 times)

jr. member
Activity: 150
Merit: 2
People that lack education in crypto coupled with limited resources like funding are always afraid to invest in cryptocurrency for the fear of the unknown. With time, if they get their morale boosted they finally invest in .
full member
Activity: 506
Merit: 101
1 & 0 😏
Cryptocurrency need more time to prove yourself and already people will start to believe in it. The biggest reason for fear is that the government does not accept it. So people are always in compliance with the laws of the governments and they do not want to break these laws at the moment.
sr. member
Activity: 574
Merit: 256
There are some reasons due to which people are afraid of investing in cryptocurrencies. The first reason is the government of their respective countries.Cryptos are being declared as illegal by many countries because government has no control on it and we often see that people don't participate in those things which are against the government rules.Second reason is the risk involved in crypto investments.People find it risky to invest in cryptos because of their volatile nature.Due to it's volatility a lot of fluctuations are seen in their price.So people are always afraid of facing losses.These are main two reasons due to which people are afraid of investing in cryptocurrencies.
newbie
Activity: 238
Merit: 0
Because market of crypto can not be predicted.
No ones knows flthe future of it, and we all have seen the journey of the market since the last pf 2017 till thr middle of 2018, it run fast.
And the wave was so far, the market is getting crazy day by day.
No wonder if mny people afraid of investing in crypto.

Yes because it will be hard to predict and the fluctuations are mostly in deep range, then some people think that this can be categorized as gambling. That is one of the reason why people don't invest in crypto from my own assumption.
hero member
Activity: 1302
Merit: 503
Because market of crypto can not be predicted.
No ones knows flthe future of it, and we all have seen the journey of the market since the last pf 2017 till thr middle of 2018, it run fast.
And the wave was so far, the market is getting crazy day by day.
No wonder if mny people afraid of investing in crypto.
- That is also a reason but not everything, when investing, people always know crypto is unpredictable and without a concrete future but people accept it, only a few do not want participate, they are not afraid of this problem too much, I think what they are afraid are the scam and its legitimacy. The number of scams in the field is a very worrying figure, warning although it has a lot but the scammers are too professional, they broke all, as noted, there is no legal basis, the government does not help this problem, money is lost forever and there is no return
full member
Activity: 359
Merit: 101
Because market of crypto can not be predicted.
No ones knows flthe future of it, and we all have seen the journey of the market since the last pf 2017 till thr middle of 2018, it run fast.
And the wave was so far, the market is getting crazy day by day.
No wonder if mny people afraid of investing in crypto.
jr. member
Activity: 286
Merit: 3
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.
Everyone invests in bitcoin for making more and more money and nobody thinks of using it worldwide. Investing in bitcoin is only for profit and these days bitcoin is not giving any profit, so people do not invest anymore in bitcoin. They afraid for losing their money due to consistent fall in the price. Small investors like to put their money in low price coins.
jr. member
Activity: 203
Merit: 1
Some people have a small knowledge of cryptocurrency.Or some people have been scammed.Or some people can not find the flow of markets ups and downs. But if you research about cryptocurrency. keep patience and do everything wisely then you will surely get e huge margin of profit doing investment on cryptocurrency.
sr. member
Activity: 643
Merit: 253
People are afraid to invest in crypto because of price fluctuations as they look for stable investments which is not possible in crypto world and the other reason is they get carried away with negative news they hear from media or newspapers as many Governments are against crypto so they have a feeling that if they invest in it then they might loose all their money in long term and they prefer to stay away from it.
full member
Activity: 602
Merit: 129
Cause the FUDS are spreading like hell, haters emphasizes bad news about bitcoin while they don't know the true intentions of speculators incase it's on trend list. Some crazy people are giving thoughts about bitcoin while they don't know the prior knowledge or the basics about it just blabbering nonsense and scaring the shit out of people.
newbie
Activity: 38
Merit: 0
People often do not invest in bitcoin because they do not know much about blockchain technology. And one more thing, when investing in bitcoin, there is no verification of ownership. So people are afraid to invest in it.
newbie
Activity: 102
Merit: 0
In my opinion, people are afraid to invest in the crypto currency due to the fact that it is very volatile.
member
Activity: 306
Merit: 15
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.
because many of them know the bitcoin word unintelligible, when they hear the word bitcoin is just one of their thoughts but a scam. they need to be taught and demonstrate how to use and how to get money and make money. not a bitcoin is a scam but a person works so there is a scam.
full member
Activity: 588
Merit: 101
I suppose that people simply see that the prices of the cryptocurrencies are going down. That is why they are scared to invest in altcoins and Bitcoins as they think that they will lose. This is the main reason.
full member
Activity: 659
Merit: 101
Well, that's easily understandable, I think. It's really risky and also good knowledge of technologies and computer are needed as well.
People are actually afraid of the unstable market and do not feel safe to investment here in the Bitcoin while those who understand the Bitcoin and all the processes involving in it so they handle it easily and making huge profit. You can also get huge returns of the Bitcoin investment if you come to know how it works and how it will work after your decision so it will build up your knowledge and you will feel comfortable.
member
Activity: 238
Merit: 10
Blockchain with solar energy
People are afraid because they are quite risky, perhaps the market is now down and many people have fear of losing capital, now the price of the atlcoin is dropping deeply, the market has robbed the capital of large investors private
newbie
Activity: 102
Merit: 0
we all know a lot of people who are afraid to invest cryptocurrency, because crypto coin is a very risky asset, besides also people who want to invest must be familiar with modern technology such as internet and also should be able to understand the market crypto
newbie
Activity: 69
Merit: 0
People are afraid to invest in cryptocurrency because the price is uncertain at what time it will increase, they do not know at what stage they can get income from their investments. Or maybe they may also not invest because they have no knowledge of cryptocurrency.
full member
Activity: 378
Merit: 100
When Football meets Crypto
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.
hero member
Activity: 1148
Merit: 504
it is so normal because it is a risky thing and not veryone is enough brave to make big changes or big moneys it may be rudiculus but it is on that way and even it can be nowadays because of the crucial fall that happened and is happening right now.
You right, investing in bitcoin is a high risk investment dude, let alone a lot of bad news about bitcoin in the media,
so no wonder some people are afraid to invest in bitcoin, only brave people are willing to take the risk to invest in bitcoin, they will get benefit,
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