Various reasons for that. Mass media are not on the side of crypto, business players usually do the same thing, especially from the bank sphere...that affects the image, that may be the reason in my opinion.
Many bad news that media spread right now, maybe that media is controlled by governments. We should create good image for bitcoin by more use bitcoin for a good things, so we need to create a campaign to stop people use bitcoin for negative things like gambling or drugs. Because that makes people afraid to bitcoin. 
Topic: Why are people afraid to invest in cryptocurrency? - page 7. (Read 2165 times)
Maybe many people who are afraid of investing in Cryptocurrency are having classic reasons.
Anyone not familiar with Cryptocurrency will be afraid of losing their money when investing in Cryptocurrency.
Even though they are wrong, a loss can be minimized when using smart strategies and managing Cryptocurrency properly.
Admittedly, investing in Cryptocurrency is at risk and its potential is also quite difficult, but if you already know the strategy, tricks, and how it will be easy and there will be many great benefits you can get.
Anyone not familiar with Cryptocurrency will be afraid of losing their money when investing in Cryptocurrency.
Even though they are wrong, a loss can be minimized when using smart strategies and managing Cryptocurrency properly.
Admittedly, investing in Cryptocurrency is at risk and its potential is also quite difficult, but if you already know the strategy, tricks, and how it will be easy and there will be many great benefits you can get.
They are afraid because they don't want to lose money and they are not brave enough to take the risk and put a lot of effort to it. People are so skeptical because of the volatility behavior of the cryptocurrency and i hope that in the future, it will have a high probability that more people will invest because for me, this is enough to prove them that there is money in cryptocurrency.
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, people fail to understand more about cyrpto currency. If they will just open their mind and find a way to research what is crypto currency all about they will surely not afraid anymore.
- 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
- 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
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, people fail to understand more about cyrpto currency. If they will just open their mind and find a way to research what is crypto currency all about they will surely not afraid anymore.
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, people fail to understand more about cyrpto currency. If they will just open their mind and find a way to research what is crypto currency all about they will surely not afraid anymore.
Various reasons for that. Mass media are not on the side of crypto, business players usually do the same thing, especially from the bank sphere...that affects the image, that may be the reason in my opinion.
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.
Depend on what you are coming in for because at times you are actually bound to have issues With Crypptocurrencies and sometimes you can go 100x so basically most people view it to be like gambling but thats not the case at all It just on how you manage yourself i think
First of all investing in crypto is really a big risk. So people who invested in crypto are risk taker, willing to take whatever the market may bring to either good or bad they are ready to swallow, but of course the more risk, the more profit to get, it’s just a matter of being firm in mind and emotions inorder to get in through it. People who are not so familiar with crytpo are afraid to take risk to invest in it.
I realize that most people involved in investing in this market have no knowledge of it but most of the investment just because of the huge profit that cryptocurrency can bring but the result is the opposite of expectation their wait. The bad news constantly coming to this market is what makes so many people feel afraid to invest in cryptocurrency.
Cryptocurrencies are getting banned in most of the places, which are rumours, but they believe it.
The fear that most poeple have regarding cryptocurrency is due to the fact that they do not understand its complexity. Without such knowledge, do you have the courage to invest?
Also, with a bit knowledge, are you going to invest i cryptocurrency with its volatility. Assurance is what investors are looking for.
Also, with a bit knowledge, are you going to invest i cryptocurrency with its volatility. Assurance is what investors are looking for.
Why are people afraid to invest?
Hmm, let's see.....Maybe because Bitcoin has lost 65% of it's value this year
At the moment people don't want to invest in Bitcoin or crypto because of the crash. Last year when the price kept advancing people saw it as a opportunity to make money, so were willing to invest to make a profit. But now the price has fallen they don't think that opportunity exists, so are staying out the market.
If we see the price make it back up to 10,000 -15,000 then it's likely people will start investing again, because they'll think another big run higher is taking place, thus there's an opportunity for them to make money.
Its kinda like what happened in 2013 when Bitcoin lost 80% of it's value.
After that happened people weren't interested in Bitcoin or Crypto, they thought it was dead. But as time went on and price kept going up, more and more people got interested in it again, culminating in the huge run higher we saw last year.
Something similar could happen with the rise we're seeing now, we'll have to wait and see.
Hmm, let's see.....Maybe because Bitcoin has lost 65% of it's value this year
At the moment people don't want to invest in Bitcoin or crypto because of the crash. Last year when the price kept advancing people saw it as a opportunity to make money, so were willing to invest to make a profit. But now the price has fallen they don't think that opportunity exists, so are staying out the market.
If we see the price make it back up to 10,000 -15,000 then it's likely people will start investing again, because they'll think another big run higher is taking place, thus there's an opportunity for them to make money.
Its kinda like what happened in 2013 when Bitcoin lost 80% of it's value.
After that happened people weren't interested in Bitcoin or Crypto, they thought it was dead. But as time went on and price kept going up, more and more people got interested in it again, culminating in the huge run higher we saw last year.
Something similar could happen with the rise we're seeing now, we'll have to wait and see.
Investing in the cryptocurrencies involves risk and most of the people are not ready for that.
First of all investing in crypto is really a big risk. So people who invested in crypto are risk taker, willing to take whatever the market may bring to either good or bad they are ready to swallow, but of course the more risk, the more profit to get, it’s just a matter of being firm in mind and emotions inorder to get in through it. People who are not so familiar with crytpo are afraid to take risk to invest in it.
People are afraid to invest in crypto currency because many people became white-hand when they invested it. And I think if you are not enough risk, you shouldn't invest with the big number of money.
because there are still many people who do not understand the future even cryptocurrency so they are afraid to invest in cryptocurrency . And remember people are always afraid of what they do not know.
Most people are afraid to invest in cryptocurrency because they don't want to take the risks and lose their money and maybe lack of knowledge and experiences.
Those people in the market who are not properly educated about the crypto currency becomes afraid of investing in bitcoin, but I think now almost everyone should learn about crypto currency as all of us knows it is not hard task to earn good amount of profit from crypto currency but trusting and investing is the first condition for it, we should try to teach almost all of our friends about crypto currency investment so that this way people will get awareness about this amazing thing to change their life.
Volatility scares most of the "investors" out there...
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