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Topic: Why do people/users are afraid to invest in Crypto? - page 17. (Read 3584 times)

full member
Activity: 466
Merit: 100
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the main fear is definitely loss, and that includes some points you have said, but we should not feel talut because all the negative things can definitely be solved by using the right solution.
member
Activity: 266
Merit: 10
Because these risks are not justfield. Why anybody should use techonologies which not yet are not suitable for market? For typical user a simplicity is the key.
member
Activity: 252
Merit: 14
Revolutionizing Brokerage of Personal Data
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.
This question sounds strange today. It seems to me that the main reason is the huge number of fraudulent ICO.
If you invest in Scam projects several times. Then you will no longer have any desire to invest next time.
full member
Activity: 504
Merit: 100
Because very often people invest in a scam and this kills any interest to invest again, that's why people stop investing in crypto-currencies, probably this is the main problem of the current market.
newbie
Activity: 154
Merit: 0
Many of my friends even have no idea what cryptocurrency is... Even without trying to figure out what to learn about crypto, they begin to criticize the crypto currency and say that this is a Scam
hero member
Activity: 1246
Merit: 501
not afraid but maybe not ready to invest in crypto. because investing crypto can be high risk what if you do not know how to trade properly. the fluctuating price can change significantly over time to make the price movement difficult to guess. so investing in crypto requires sincerity and diligence in trade. requires more knowledge and learn from experiences that have happened before.
member
Activity: 434
Merit: 13
Most of the time there is a high risk of encrypting money markets.
Because of the need to face national policy issues, so if not enough understand encryption currency market, so do not recommend investment.

correct
but not all that you consider crypto is a risk. those who do not follow the market are stupid. do not follow it if not sure to join invest. carefully join. and not all who make investments have risks. but understand and read before experiencing the risk.
full member
Activity: 238
Merit: 100
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It might have to do with the fact that cryptocurrencies are very volatile, not a lot of people can handle seeing the prices of their investments fluctuate so much in such a short time. A lot of people still think that cryptocurrencies are a scam which is not true. This is one of the things that is scaring them away from cryptos, they do not know what it is  so they don't want to take any risks with it.
full member
Activity: 420
Merit: 102
the most important reason is that people afraid to invest in something they don't simply understand or even try too and once they entered this field and didn't make profits in just one month , they say it's SCAM
Exactly,  most of people who are afraid of investing in crypto market, probably don’t understand too much about crypto anymore. Crypto, what more, is definitely convenient way to take part in but it required a big risk, and also it can not guarantee them a stable income as well. Especially, they can’t control their feel of extremely volatile. Yep, crypto, which is connect with internet, it goes without saying that most of us are pretty afraid of losing wallet and it is also one of  the major reason that make some be afraid of investing in crypto market.
hero member
Activity: 700
Merit: 500
They do not understand cryptocurrencies that is why they are still afraid to invest. People do not like to lose their money and they are scared of losing their money which is the main reason they are not investing in cryptos. You would be surprised at the number of people who still that bitcoin is a scam and the ones who do not think that, think it is a ponzi scheme that is destined to crash.
full member
Activity: 476
Merit: 124
There are some people who fear what they do not understand and crypto currencies needs a deeper understanding and not just the possible profit they could gain from it. Most users are afraid due to negativities that surrounds cyrptoverse as well because there are old school investors who think crypto currencies as a joke and no value. These same people would probably invest in crypto currencies once there's another bull run in the market, just like what happened in Q4 2017.
member
Activity: 126
Merit: 10
Distrust of cryptocurrency arises as a result of owning a small amount of information about this innovation. If you inform a person and show him positive results on someone else's example, there will be no fear to invest.
newbie
Activity: 46
Merit: 0
Well, there is only one risk in investing to crypto  as I know and that is a risk to lose money, so I guess people/users are afraid of exactly this factor
member
Activity: 212
Merit: 10
the most important reason is that people afraid to invest in something they don't simply understand or even try too and once they entered this field and didn't make profits in just one month , they say it's SCAM
I agree that there were many scam investments platform, but before joining any crypto investments you should investigate at fist. Just to compare it in a sayings that if you to a war without any weapon, then you're capable of being hit by a bullet without even defending yourself being shot. Our lives was dependent on how we protect it, same as our funds used for an investment of a business we should be able to put on the armor so we won't fall off the trap of those scammers online.
full member
Activity: 773
Merit: 100
It's right. They are afraid to invest in a little-known industry for them, that is, crypto. Many people complain that they are in the hands of scammers and this plays not a little important role on the next attempt to invest. And there are many other reasons...
hero member
Activity: 3080
Merit: 603
With # 3 that's what I hate.

There are people who are using cryptocurrency to make their investors believe that they are also investing to crypto but the real scheme is they are running a ponzi. Too sad for the victims, the scammers are using the name of crypto for their own benefit.  Undecided
full member
Activity: 518
Merit: 101
yes, your opinion is true about some of the reasons people are so afraid to invest in crypto, it's likely they were traumatized by losing huge amounts of money while trading, or they may have had a coin / token ever stolen by a hacker.
investing in crypto is very risky but behind the risk, there is a chance we will also get a big profit.
newbie
Activity: 48
Merit: 0
This is a business that nobody controls, no regulations, no legal backing. There is no one to old responsible if you lose your money to ICO.
Some people can just put themselves together and develop coin in order to swindle people.
It is an investment in the air associated with a lot of risks.
Another reason could be the threats from Government of different countries to ban crypto. But some government actually have good motives, just to regulate crypto activities that will guarantee investment security.
hero member
Activity: 2072
Merit: 542
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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.

it's perfectly fine if people are afraid to invest in crypto as there are many reasons to be afraid. Proper education should go first, only then the investment should follow.
Yes, i agree with you. Proper education on the world of cryptocurrency should be needed first before thinking of investing. Volatility makes people more afraid of bitcoin because they don't understand how to cope up with it.
full member
Activity: 882
Merit: 126
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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 think volatility is the main reason that people don't want to invest on the bitcoin and other crypto currencies and knowledge is not that much important if they can make money with any investment.But in many places the crypto currencies were portrayed wrong that it was a ponzi scheme so that may be a lack of knowledge from people.
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