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Topic: Why are people nervous about owning and investing in cryptocurrencies? (Read 2213 times)

hero member
Activity: 1344
Merit: 502
I see a lot of questions about cryptocurrency. I don't understand why people are so suspicious. We all see that even taking into account the fact that the cryptocurrency fluctuates, falls, rises again. But from year to year growing. Even when the price is low, it is a great opportunity to buy more cryptocurrencies when a good time to sell is rising if it is not a long term investment. In any case, there are positive aspects, the main thing to be able to use them and look for. And there is no reason for tantrums and nerves. And the risks associated with cryptocurrencies, we all know and understand. To do this, we do our research. And each of us is doing everything possible to minimize the risks. So why are so many people constantly nervous and worried about it?

The risks still remain relatively high in comparison to other types of assets like stocks, gold/silver or property etc

With frequent hacks, rampant scams, volatility, and not much regulation in place yet to protect investors it's obvious there's many reasons why your average investor might not find this emerging market very appealing but that will change in future
full member
Activity: 518
Merit: 100
They are nervous maybe because they invest a large amount and afraid of losing it, any kind of investment is a risk don't expect too much from it because you dont know what will happen if its a success or not.
jr. member
Activity: 238
Merit: 2
A nervous attitude and sometimes emotion when he saw the price of crypto held, this is indeed reasonable and quite tense, but must be able to be wise for any situation so that there is no regret race.
jr. member
Activity: 350
Merit: 1
People who are nervous about investing in cryptocurrency may be afraid that they will not get the results that they expect, all investments will have risks, if you want investment in crypto must be sure and remain optimistic about the results to be achieved in the future
full member
Activity: 331
Merit: 100
Nervous is normal because the investment goal is to get profit and the risk of losing due to cryptocurrency prices fluctuate, we must change the feeling of fear into a power and thought to regulate trading strategies in order to achieve big profits.
You should already know about price movements that can later affect the value of the investment, you can get profit and loss. my advice if you are afraid of getting a loss, it's better not to join cryptocurrencies. because fear will bring panic and lead to ignorance that can be misleading. cryptocurrencies you must be sure and ready to face all obstacles.
full member
Activity: 518
Merit: 100
I think people are very nervous about owning and investing to cryptocurrency because they don't rely on their self I mean they don't trust their self in investing in any thing with a higher risk. I think people like that must learn from reading and researching about cryptocurrency to surpass their fear.
full member
Activity: 798
Merit: 104
The feeling of fear or nervous is really inevitable especially when it comes to financial issues since money is a very delicate thing. However, cryptocurrency is a good opportunity to earn with a lesser effort yet a very risky decision because of its volatility. In order to overcome fear, we should equip ourselves with knowledge and keep ourselves updated to the latest charts for it will add up confidence that eases fear.
copper member
Activity: 119
Merit: 1
Nervous is normal because the investment goal is to get profit and the risk of losing due to cryptocurrency prices fluctuate, we must change the feeling of fear into a power and thought to regulate trading strategies in order to achieve big profits.
hero member
Activity: 2128
Merit: 520
So many people nervous or afraid to invest in crypto because some people still afraid due volatility of crypto, some people don't want to invest because it's illegal in their country so better safe than sorry, some people waiting for law that rules crypto in good way so they can feel better and some people still think crypto is like gambling (this is funny but it's true).
Volatility play a big role in terms of investing, many people still afraid thinking that any moment the value of their holding can fall, just like what is happening right now, if you don't have deeper ideas regarding to this industry surely you will sell out to panic and allowed yourself to lose your investment, it's a must to have good understanding in order to survive and keep moving from the volatile market like this.
full member
Activity: 462
Merit: 101
In my opinion, electronic money can give people a good opportunity to make a profit in the electronic money market. But this is a non-governmental free market. Electronic money is very volatile and many criminals use electronic money for illegal activities. Right now, very few governments encourage the use of electronic money ... So people are worried about owning and investing in electronic money.
full member
Activity: 574
Merit: 102
many people were nervous about cryptocurrency due to unstable prices lately, especially after the crypto market experienced quite poor conditions and a very deep price decline since the beginning of the year. Negative news that continues to emerge and strengthen in the media is also a factor, worsening the situation. It is very normal if many people are nervous about this factor, because trading indirectly is about who loses and wins in market bets, those who succeed in reading the market situation well will take their money that fails and do cutloss, an ecosystem like this must changed, cryptocurrency requires more than just a trading tool.
full member
Activity: 560
Merit: 105
So many people nervous or afraid to invest in crypto because some people still afraid due volatility of crypto, some people don't want to invest because it's illegal in their country so better safe than sorry, some people waiting for law that rules crypto in good way so they can feel better and some people still think crypto is like gambling (this is funny but it's true).
member
Activity: 238
Merit: 10
Lead generation one-stop shop platform powered AI
So why are so many people constantly nervous and worried about it?
Maybe they are risking more than they can afford to lose. If they are, it is not a wise thing to do. When you invest in cryptocurrencies you should be prepared to go to zero. It is a real possibility. As much as I would like to think it is not, it is similar to gambling. So people should understand this one thing that they can lose their investment. If they can afford to lose it and be Okay with it, there is no place for worry and nervousness.

Yeah they were in panic as the price had downfall from their expectation and this market has no sign of any bullish which I think the reason that they were panic. I don't care on the market situation now as I know that someday this will bounce back.
member
Activity: 602
Merit: 10
Only those people lack of knowledge about crypto getting nervous in owning and investing on it. But to those has enough knowledge do not worry on it. Yes the nervous is always excess but lesser. If you want to invest think positive and never think to loss.
full member
Activity: 602
Merit: 100

Many people are nervous when investing in Crypto as they are investing more than that they can afford to lose
and they have  not got used to the  volatility of the market and bearish conditions.
full member
Activity: 630
Merit: 103
I agree that even with such a market there are positive aspects that should be used. But also at the same time I understand what most people feel, as the market has fallen very much.
full member
Activity: 248
Merit: 100
diceroll.xyz
Still major investors learning all the things and new to this world. Even smart people or scammers also there who manipulate their mind like pump and dump groups or any fake bad or good news. And we can see the effect of this in market. Sometime it's good and opposite also.  Smiley
sr. member
Activity: 1092
Merit: 256
I see a lot of questions about cryptocurrency. I don't understand why people are so suspicious. We all see that even taking into account the fact that the cryptocurrency fluctuates, falls, rises again. But from year to year growing. Even when the price is low, it is a great opportunity to buy more cryptocurrencies when a good time to sell is rising if it is not a long term investment. In any case, there are positive aspects, the main thing to be able to use them and look for. And there is no reason for tantrums and nerves. And the risks associated with cryptocurrencies, we all know and understand. To do this, we do our research. And each of us is doing everything possible to minimize the risks. So why are so many people constantly nervous and worried about it?
because none of this guarantees, therefore people are still doubtful about crypto, because crypto risk is very large, such as loss or profit that is doubled we don't know that
member
Activity: 140
Merit: 16
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
No one wants to lose his money and this is normal! I don't think that here are people who don't care about coin price and they just playing games
member
Activity: 210
Merit: 10
www.icovo.co/
Many of them just spend in crypto all of their money, and they just want to earn something. This make them so nervous.
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