Topic: Why do people/users are afraid to invest in Crypto? - page 3. (Read 3607 times)
it's true, no one knows exactly how the market moves. and they must also be able to see and analyze the market and the knowledge that supports it. many people who don't believe in cryptoccurency can change their money to several times. they thought it was a kind of fraud because it was still illegal in our country
Some new participants got burnt because they fail to do proper research and think that cryptos is all rosy. Some came with the right mindset but were unlucky to invest at the wrong time.
Cryptocurrency is one of the very risky investment and not all people understand how crypto is running. Some people don't have an idea in the market and there are scammer. The technology is improving and some people are smart in terms of technology. They are using their knowledge to scam.
People are afraid of crypto because of the volatile market and there is not as the other jobs here every single time you are worried about your money ,what will happen worth it and lots of different worries and there is a huge risk of loosing your money all these are the reasons of being afraid and maybe not joining the market and i think it is because of being to scary and without self esteem .
I think you are right. People are usually afraid of things they don't know much about, that's why a lot of people/users are scared to invest in cryptocurrency.
Most people do not even have an idea what a cryptocurrency is, they hear about it, but they don’t understand, therefore there is a fear of investing in what you don’t know, the fall of the cryptocurrency market and its instability also play a role, investors are simply afraid investments and for unpredictable market
Many people have truly been discouraged from cryptos due to fear, discouragement from the media, negative orientation and so on. Truly cryptocurrencies and blockchain being in its early stage has a lot of work to do in terms of security.
I think the cryptocurrency market attracts investors because it's very speculative. Also this market is attractive for traders, but this is just my opinion.
Individual differences is the major thing to discuss here, though there are many things that contribute to this but individually, our level of understanding differs from each other. More so, some people are afraid of running into loss or get scammed.
There are a lot of reasons for this and the reason can differ greatly from one individual to another but the great majority seem to not be investing and buying cryptos simply because they are convinced that cryptos are scams and they are going to end up losing all of their money. Also there is a disturbing amount of people that seem to think cryptocurrencies are a ponzi scheme.
There are some hackers attempt to scam and the issues of scams in ICO that's why individuals afraid to invest .Also they are not much having good strategies in the dump of market .As we invest here we need to develop our skills in trading and continue to enhace everything.The conditions you have listed are very good, and many of the friends around me have stopped trading for these reasons. The most fearful of them is the market manipulation and fraudsters!
Many of my friends also stopped trading on the stock exchanges, but if you are experienced and do not panic, then you can trade and make profits even now when price manipulations take place on the market. Mostly people do not invest and are waiting for the moment when the bull trend reappears and the market revives.
Indeed, it is better not to keep the keys on the computer because I have guys who suffered because of this very much because they kept a copy of the keys on their PC
I think the main reason why people are afraid to invest into cryptocurrencies is the nature of its volatility but little did they know that it is with this same volatility that you can earn more income from cryptocurrencies. The best thing to do when investing into cryptocurrencies is to invest an amount that you are not afraid of losing. I know it sounds crazy but that is the bitter truth! 
They affraid to invest in cryptos because they have seen how fast it can be to drop in price during bearish market, and nobody know where is the bottom.
You can think last 8-9 months, is there any altcoin which didnt fall 8-10 times? Almost all of them dropped like this, ethereum- neo and other big projects are with the inclusion of so according to me this is normal everybody afraid from losing money and you can lost big money at crypto we know that.
Because people do not believe in what is really possible to earn and I think that they do not believe in vain. Also, the fear of losing their money is always present, without it so far can not do, it's normal
Most likely you are right, people simply do not see an opportunity to earn money, because they see a constant drop in prices for all cryptocurrencies. Naturally, many investors are waiting for the moment when the market starts to grow and then they begin to buy cryptocurrency, no one wants to risk, but everyone wants to make money. There are a lot of reasons for this and the reason can differ greatly from one individual to another but the great majority seem to not be investing and buying cryptos simply because they are convinced that cryptos are scams and they are going to end up losing all of their money. Also there is a disturbing amount of people that seem to think cryptocurrencies are a ponzi scheme.
There are some hackers attempt to scam and the issues of scams in ICO that's why individuals afraid to invest .Also they are not much having good strategies in the dump of market .As we invest here we need to develop our skills in trading and continue to enhace everything.
Most of them are traumatized by many events that have occurred such as losing money due to fraud and hacking on the internet. And if we have learned from Cryptocurrency from the start and gained knowledge. And this is very important because it will lead us to success. And like fraud and hacking maybe we can avoid it.
The conditions you have listed are very good, and many of the friends around me have stopped trading for these reasons. The most fearful of them is the market manipulation and fraudsters!
For many people who don't understand it, crypto is just as uncontrollable as a beast. Investors are not gamblers, when investors think they can't rely on past experience to predict the trend of crypto, they may see crypto as a gambling game and leave.
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