Topic: Why are people nervous about owning and investing in cryptocurrencies? - page 4. (Read 2214 times)
September 13, 2018, 03:21:15 AM
People are nervous because the encryption market is extremely unstable. The price of encryption has been falling since this year, causing people to start panic and fear. People are worried that they will lose a lot of money because of the decline in encryption prices. Encrypted currency is one of the most risky investments.
September 13, 2018, 03:08:03 AM
First issue that comes to mind of people while they think about investing in the crypto currency market is the security issue. Many times we have seen stole of coins that cost thousands of dollars from the digital wallet of users.
September 12, 2018, 05:12:54 PM
The answer to that is people are afraid of the risks in the crypto market. You have already said it your self that this market has constant fluctuations which can happen anytime and for most people they cannot handle that as for them seeing a uptrend to their assets and making profits are the only things that they want to see or care about.
September 12, 2018, 03:56:16 PM
because there is no guarantee of getting a profit by investing in cryptocurrency. it is too risky since crypto has a high volatility which means, anytime the value of your investment might decrease.
September 12, 2018, 03:40:09 PM
Cryptocurrencies is a risky thing especially when it comes to investing, so the reason why some people are nervous and panic because they afraid to lose their money. So before you entering here in cryptoworld make sure that you know all the possibilities and consequences you may encounter.
Yeah, I agree with you. When we decided to join in this crypto world, we have to know that this world is a risky world. If we understand that risk, then we won't feel nervous and panic. And don't forget to read and know the project well, so there won't be any regret of it for anything happened then.
September 12, 2018, 09:10:17 AM
Many users here in crypto are afraid because they lose in investment here then they risk again in other coins/tokens and if that happen i think some users that really experience it will spread negative about crypto so we need to teach them how cryptocurrency works so they will also spread the positive about crypto so many users,traders and investors will get attention here and the cryptocurrency will grow more in the future
I would rather say they are nervous and afraid because they are so ignorant about the space. The difference between very early adopters and those who are investing in this space now is because, most early adopters took the risk on the future and they really had so much to lose in the invent where things end up not going as expected, but they understood the real values this would bring to the world entirely because they are knowledgeable enough to know and that helped them to go the HODL way and care less about the short term. One thing so many people really do not get to care about these days except to get rich overnight. September 11, 2018, 03:27:01 PM
Because they are afraid. They are afraid because they don't know much about cryptocurrencies. They don't know how to protect their crypto funds, they don't know how to get in to crypto markets. They simply don't research.
September 11, 2018, 03:04:20 PM
nobody wants to lose his fiat money by investing in crypto. in addition, crypto is still very new and strange to many people. think these are the two main reasons why people do not want to invest in crypto.
September 11, 2018, 02:56:53 PM
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 everyone has their own opinion about cryptocurrency.Everyone is different, opinions, mindset and principles. Maybe your opinion is like that, but what about the opinions of others.
So, if you ask, "why are so many people constantly nervous and worried" the answer is because the way people think is not the same as your way of thinking.
September 11, 2018, 02:47:59 PM
When someone invests, he expects the maximum profit in the shortest possible time, and when the coin, or the entire market suddenly begins to fall, it was not included in the plans of the investor, from here and nerves...
September 11, 2018, 10:46:26 AM
They are nervous maybe because there are too many bad examples in front of them. And this fluctuation makes things harder.
September 11, 2018, 10:44:06 AM
Yes, I agree that a lot of people are nervous about cryptocurrency and investing into the concept. It is very much gambling and there are a large number of people who invest more than what they can afford to lose. I don't think that putting your whole savings into it is wise even if it looks like a "get rich quick" system. I think we all have to be skeptical about it and not put all of our hopes and dreams into it. Hopefully in the long run it will work out for all of us.
September 11, 2018, 09:06:04 AM
The instability of price and rejections of govt. to use crypto currency is one of the major factors that derive people to invest in crypto currency market. The price of crypto coins suffers from ups and downs and Govt. of many countries hasn’t allowed the use of crypto currency.
September 11, 2018, 08:42:34 AM
Electronic money is an encrypted asset. Non-governmental freedom, unstable and volatile at any time. On the other hand, the competition for electronic currencies is continuous ... That is what makes people worry about owning and investing in electronic money.
September 11, 2018, 08:38:11 AM
Most people believe and have been convinced crypto will have a much more greener future so they all invest,buy,perticipate(bounty,airdrop) in other to gather more cryptos for the future, but for now people are scared about the future of crypto so they all nervous.
September 11, 2018, 08:13:44 AM
Its either their eyes are not yet opened widely or they are just too hard to accept the fact that this world is changing faster than expected.
Ever since internet was introduced there is so much we could do to make things easier or better our lives easier.
Even with so much negativity with bitcoin and other cryptos a wise man can still see how it will be a part of the future.
The internet is already the future and it is glued with it.
Ever since internet was introduced there is so much we could do to make things easier or better our lives easier.
Even with so much negativity with bitcoin and other cryptos a wise man can still see how it will be a part of the future.
The internet is already the future and it is glued with it.
September 11, 2018, 08:02:23 AM
Because people are always afraid to miss every opportunity to make some profit. Sometimes greed generates panic and vice versa 
September 11, 2018, 07:58:15 AM
I believe the reason for this is because people are ready to make money but cannot take the risky as crypto is volatile and unpredictable but I am sure if you take the opportunity to buy as many coin as you desire in the period of bear and you hold them for long term, I am sure buy the time you decide to sell, the price will be high and then you can make reasonable profit from your investment.
September 11, 2018, 07:55:01 AM
People are suspicious because it is not easy to comprehend everything it stands for. Even if you know what it is (its functions), how to buy it, store it. If you manage to avoid scammers, hackers and thieves. There still comes pumpndumps that ruin your nerves 
September 11, 2018, 07:47:53 AM
People are nervous because the market is very unstable and it is very unlikely that you will get a short term result. People also lack of knowledge about the crypto industry, that's why they are afraid to invest in the market.
Instead of unstable you may use this term volatile. This is the nature actually Bitcoin and all the cryptocurrencies in the market tends with. If you believe the worth of bitcoin will be doubled or tripled you may invest on it without any fear.
According to me people are panic on having funds over cryptos. If you search about the price value of each coins and volume from this year starting to now. You may find how much the price got crashed in the marketplace.
Jump to: