Topic: Why are people afraid to invest in cryptocurrency? - page 6. (Read 2165 times)
Many of my friends and acquaintances do not want to invest in the crypto currency. I believe that most of them are just too lazy to explore something new, to learn. They are used to their way of life, they are satisfied with their life. They do not need a lot of money, they do not like to take risks. When they are offered to learn, they refuse.
Due to some freaking reason like they were scam with huge amount of money, they believe that when they give it to someone after sometimes their money will multiply but the person who encourage them to invest disappeared and nowhere to be found or contact.. And they are afraid to invest for the second time (but my advice to them is to invest it with themselves)
The main reason people are afraid to invest is that of volatility and more importantly, they want to be more secured in terms of growth aspect so they are skeptical about investing
people afraid to invest in cryptocurrency Because
1. Improper knowledge on Bitcoin.
2. Media manipulate Fake News on TV
3. govt. don’t want to let you earn money easily where every other country citizens earning easily.
1. Improper knowledge on Bitcoin.
2. Media manipulate Fake News on TV
3. govt. don’t want to let you earn money easily where every other country citizens earning easily.
Even crypto price charts usually look different from most "regular" currency price charts if you look at them for visual comparison. So it's simply considered more risky as harder predictable and people are less aware of the crypto market in general.
The fact is that because of the current state of the market it is very difficult to determine the prospects of a coin or some project in the future. It seems to me that this situation has a very strong and negative impact on the development of many projects, which is a problem in the eyes of many potential investors.
Even crypto price charts usually look different from most "regular" currency price charts if you look at them for visual comparison. So it's simply considered more risky as harder predictable and people are less aware of the crypto market in general.
peoples are afraid to invest crypto because they afraid where my capital is loss, don't worry who was invested on crypto you will get back money one day.
People are afraid of losing money. Never invest more you are willing to lose
I think many people are afraid to invest in the crypto market because this is a risky market, just a mistake we will lose capital, even lose everything. The crypto market fluctuates very fast, when investing in this market, we should invest long term to make big profits. I believe in the future cryptocurrency will grow strongly and bring more profit to investors.
Of course, every user of the crypto currency believes in a very good future of the crypto currency. But if we talk about the fears of people who do not give the opportunity to invest in the crypto currency, then each country has its own answers to this question. In one country, people do not have sufficient funds to make such investments, while other countries misinform their people that the crypto currency is a financial pyramid. from the presence of negative information suffers the amount of investment in the crypto currency.
I think many people are afraid to invest in the crypto market because this is a risky market, just a mistake we will lose capital, even lose everything. The crypto market fluctuates very fast, when investing in this market, we should invest long term to make big profits. I believe in the future cryptocurrency will grow strongly and bring more profit to investors.
It is a risky affair and people are not ready to take up that risk.
Their are quite some reasons why people are scared of investing into cryptocurrency. First one is
1)The price volatility- This basically means that, prices swings up and down very quickly and investors can earn huge rewards and also lose the funds very quickly. This has made many persons broke and many persons rich and that is why they are avoiding it
2) No regulation- some persons believe that as crpyots aren't regulated, that makes it illegal and can crash someday
1)The price volatility- This basically means that, prices swings up and down very quickly and investors can earn huge rewards and also lose the funds very quickly. This has made many persons broke and many persons rich and that is why they are avoiding it
2) No regulation- some persons believe that as crpyots aren't regulated, that makes it illegal and can crash someday
Cryptocurrency projects are very risky. No one can guarantee that a project will be developed, even if it collects funds on ICO
The cryptocurrency is not as risky as the stock market. However, everybody is discussing exactly the crypto. Some people think that if they buy tokens, they will lose.
I was also afraid on investing on crypto and that is because I don't understand it. It's so complicated and I'm wondering why it is valued so much. But because I took the time to know about it, I was convince and confident to invest and say that we are going to use crypto everyday in the future.
The first is high risk, because the price of the coins fluctuate. Second, there are quite a lot of hacker risks, they are always risky and so will be one of the things that make investors most worried about the market.
Although these things exists but what you think they aren’t be able to invest in here anymore? No, this will happen. Every sort of asset or source it is, there are same issues independent of the nature of asset. People must understand that this wouldn’t be good for them to ignore such impressive chance that knocks on their door. They must listen to it and for it, they have to trust it.The first is high risk, because the price of the coins fluctuate. Second, there are quite a lot of hacker risks, they are always risky and so will be one of the things that make investors most worried about the market.
Although these things exists but what you think they aren’t be able to invest in here anymore? No, this will happen. Every sort of asset or source it is, there are same issues independent of the nature of asset. People must understand that this wouldn’t be good for them to ignore such impressive chance that knocks on their door. They must listen to it and for it, they have to trust it.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.
Due to the lack of knowledge about electronic money, there were some who feared investing in electronic money and some people had failed and left the Crypto market. I think they do not participate in this market is right because they are not lucky. They are not people who follow the trend to get rich. In addition, the Crypto market is fierce and not everyone can become rich from this market.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.
Due to the lack of knowledge about electronic money, there were some who feared investing in electronic money and some people had failed and left the Crypto market. I think they do not participate in this market is right because they are not lucky. They are not people who follow the trend to get rich. In addition, the Crypto market is fierce and not everyone can become rich from this market. 
At first i am afraid because btc seems to be a scam for me, without any physical form like the ordinary fiat. But after doing a research, i've found out the real about crypto. So i am not afraid to invest anymore.
maybe that's what many of outsiders think, we've been outsiders before and of course we're a little afraid to buy and invest because there's no physical form of the investment we buy, it's all digital, we're afraid of a scam? that is why they are afraid
- People are afraid of losing money. Never invest more you are willing to lose
- People are often uncertain to what crypto coin to invest in there are over 1,000 coins to choose from
- People often doubt that they can earn money or they will be the next crypto millionaire or the coins will gain 30% over night
All investments in Cryptocurrency are risky and everyone is afraid of losing money in this market. If you are a longtime investor, losing money is inevitable because this market requires people to have a strong psychology and a great source of knowledge to have the opportunity million dollar. At this time very few people do because the market is in downtrend and there are no signs of recovery. - People are often uncertain to what crypto coin to invest in there are over 1,000 coins to choose from
- People often doubt that they can earn money or they will be the next crypto millionaire or the coins will gain 30% over night
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