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Topic: Why do people/users are afraid to invest in Crypto? (Read 3607 times)

member
Activity: 574
Merit: 10
I think they are afraid to invest in krypto, maybe for me they don't have knowledge about krypto, so they will be afraid to lose their investment.
full member
Activity: 504
Merit: 108
I agree with you, but i think that it is one more important reason: people can adopt to the virtual world. Everything that doesnt have physical body doesnt exist for them
member
Activity: 206
Merit: 11
On my own ways of understanding I think some people are afraid of been involved into cryptocurrency why because some ico are just there to scam people and some are just giving fake news and also the way the price use to fall.
sr. member
Activity: 644
Merit: 364
In Code We Trust
There are many things most likely to consider whenever you're investing money in crypto..

These are:
1. Volatility of the Market.
2. They don't have the knowledge about crypto.
3. Negative news that they see or hear in social media/TV Media.
4. They were scammed and afraid to invest again.
5. Threats of hackers in the internet.

But users can also protect their computer from hackers by using:
1. Virtual Private Network for Internet Protocol
2. MetaMask Wallet
3. Not saving any private keys in your PC.

And also, there are many FUD's from the famous bitcoin investors are spreading including the FUD from Faketoshi which is believed by many, and I think it is not a thing to worry about. In order to be successful here in crypto is to become a responsible crypto user.
full member
Activity: 434
Merit: 100
The Exchange for EOS Community
That's maybe because they lack of knowledge about crypto and they are not just risk takers. For instance, the market is also very down these days but once you have knowledge about crypto and know its nature, i believe that being brave enough to take the risks will just follow.
full member
Activity: 924
Merit: 100
GoMeat - Digitalizing Meat Stores - ICO
I think many people afraid investing their money in cryptocurrency because many hacking in exchanger. They concern about security but they should not be afraid because they can use 2FA to secure their exchanger wallet.
But many people afraid investing in crypto because crypto banned in many country and they think crypto is a buble investment
member
Activity: 182
Merit: 10
There are many things most likely to consider whenever you're investing money in crypto..

These are:
1. Volatility of the Market.
2. They don't have the knowledge about crypto.
3. Negative news that they see or hear in social media/TV Media.
4. They were scammed and afraid to invest again.
5. Threats of hackers in the internet.

But users can also protect their computer from hackers by using:
1. Virtual Private Network for Internet Protocol
2. MetaMask Wallet
3. Not saving any private keys in your PC.

I believe that this situation is caused by the usual and healthy fear of a person losing their money. After all, the crypto market always involves fairly large risks that every investor should keep in mind. But I am sure that over time the situation will gradually improve when an increasing number of people will understand the possibilities and advantages of investing in cryptocurrency.
member
Activity: 255
Merit: 10
I am fully confident that more than 90% of adults are not ready for investment and risk their money. They just do not understand what opportunities open investments in reliable cryptocurrency. They just want to go to regular work and consistently receive a certain amount of money without risk.
member
Activity: 449
Merit: 10
swordking
Nowadays many ICO scam has happened and due to some Ponzi schemes and frauds, due to this things investors or users are afraid to make investments in crypto.
member
Activity: 406
Merit: 10
There are many things most likely to consider whenever you're investing money in crypto..

These are:
1. Volatility of the Market.
2. They don't have the knowledge about crypto.
3. Negative news that they see or hear in social media/TV Media.
4. They were scammed and afraid to invest again.
5. Threats of hackers in the internet.

But users can also protect their computer from hackers by using:
1. Virtual Private Network for Internet Protocol
2. MetaMask Wallet
3. Not saving any private keys in your PC.

I am fully confident that this problem is caused simply by a lack of proper knowledge of the crypto market. After all, not everyone has the experience and understands all the excellent prospects for income and success due to competent investments. Therefore, such a lack of knowledge and fear of losing money does not allow them to begin their work.
member
Activity: 786
Merit: 10
There are many things most likely to consider whenever you're investing money in crypto..

These are:
1. Volatility of the Market.
2. They don't have the knowledge about crypto.
3. Negative news that they see or hear in social media/TV Media.
4. They were scammed and afraid to invest again.
5. Threats of hackers in the internet.

But users can also protect their computer from hackers by using:
1. Virtual Private Network for Internet Protocol
2. MetaMask Wallet
3. Not saving any private keys in your PC.

All statements are correct, community are not yet well informed, about what crypto could bring in our life, there are lots of factors also to consider in investing crypto, but im gonna like about some universities is they are offering education when it comes to blockchain technology, the more it educated, the more knowledge be shared into the community.
member
Activity: 203
Merit: 10
The World’s First Blockchain Core
Yes that reasons are very true. People generally afraiding because of volatility but same volatility can cause good profits.But the most important thing is in my opinion they dont know much about crypto. Only they are thinking we are buying and selling something etc. They dont know opportunities and benefits of blockchain and cryptocurrencies.
jr. member
Activity: 352
Merit: 1

Many people are afraid to invest in cryptocurrencies basically because of

1. They don't have adequate knowledge and training of how the cryptocurrency trading works. Without proper knowledge, someone can't know how to minimise the risks involved in trading

2. They are sceptical about the volatility in the market. The market can move in either direction and at any time without prior knowledge. This makes so many people prefer to keep their investment in fiat. This risk can be minimised if a trader has adequate knowledge of the market.

3. The rate of crime on the internet is also another reason many people don't want to put their money in cryptocurrency

These and many more reasons make so many people run away from cryptocurrency trading
full member
Activity: 490
Merit: 100
in my opinion a fact must prove if investing is very profitable, but here we see that many people are afraid when they want to invest, because many people are deceived into investing scams.
full member
Activity: 602
Merit: 100
The fact is that today people understand that many projects that you know ended only in failure and loss of money for investors, so I think it would be best to just start thinking about it as a whole so as not to listen to what people say.
full member
Activity: 532
Merit: 165
People are not afraid of investing. They just became more careful. This is due to the fact that last year it was possible to buy any coin and make a profit. And now it is not. Therefore, it was hard to collect money on ICO
member
Activity: 420
Merit: 10
There are many things most likely to consider whenever you're investing money in crypto..

These are:
1. Volatility of the Market.
2. They don't have the knowledge about crypto.
3. Negative news that they see or hear in social media/TV Media.
4. They were scammed and afraid to invest again.
5. Threats of hackers in the internet.

But users can also protect their computer from hackers by using:
1. Virtual Private Network for Internet Protocol
2. MetaMask Wallet
3. Not saving any private keys in your PC.

I believe that most people are simply not prepared to risk losing their money. You need to understand - for successful work in the crypto market, sufficient knowledge and experience are necessary. Therefore, without sufficient knowledge, many people are simply afraid to risk their money, but over time the number of investors will steadily increase.
full member
Activity: 524
Merit: 100
io.ezystayz.com
There are many things most likely to consider whenever you're investing money in crypto..

These are:
1. Volatility of the Market.
2. They don't have the knowledge about crypto.
3. Negative news that they see or hear in social media/TV Media.
4. They were scammed and afraid to invest again.
5. Threats of hackers in the internet.

But users can also protect their computer from hackers by using:
1. Virtual Private Network for Internet Protocol
2. MetaMask Wallet
3. Not saving any private keys in your PC.
based on my experience the main most reason is they are afraid to be scammed because now a days many ICO is dissapear after the softcap/hardcap and its very alerting so thats why many people/users are just go for the trading risky but surely. But to stop investing many legit and great project need your money but be careful.
sr. member
Activity: 518
Merit: 325
I assure you, if making a person invest in a particular project was easy, bounty hunters wouldn't be necessary. People don't believe in something new and unexplored.
member
Activity: 378
Merit: 11
Decentralized Digital Billboards
Its a new market with short history, anything with short history its hard to predict.
Markets works periodically, so peoples can say what we can wait in the future.
By this reason peoples believe in the next pump
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