Why do people/users are afraid to invest in Crypto? - page 4.

H1N1

full member

Activity: 812

Merit: 100

Quote from: leynylaine on May 16, 2018, 08:19:40 PM

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.

Volatility of the crypto is very high indeed, you can see in the beginning of this year, crypto price was falling greatly from it's peak.
But in my opinion, there are many peoples afraid to using crypto because they still don't believe crypto, thinking crypto just as a bubble or a ponzi that bring benefit only for some early holders.

zhengqi

member

Activity: 632

Merit: 60

Because this is something new and completely incomprehensible at first glance. To invest in crypto you need to have some knowledge in this area. Without knowledge it is dangerous to invest. Perhaps people believe that they have not studied crypto well enough and are therefore afraid to invest their money.

Kanatanex

member

Activity: 105

Merit: 10

People are afraid to lose the money on such falling. Who with experience buys at low prices right now. Who did not know that bought expensively.

goolesby

member

Activity: 574

Merit: 10

Gistcoin

Indeed. Those are some risks that we must take when entering in the crypto world, moreover going to invest, trade, or even joining the free program to get the coins. However, some people are still very interested to do them all. Why? Because sometimes, those risks can be paid very greatly by the profits that they will get. that's why, besides those suggestions, I also think that being careful, wise, patient, and smart ways to be in crypto are needed.

Denreal

jr. member

Activity: 784

Merit: 6

Quote from: leynylaine on May 16, 2018, 08:19:40 PM

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.

G
For those who have been in the space for quite some time and have been investing into crypto, will not have issues when it comes to investing into ICO, because they have had lots of exposure.

CryptoToxicAvenger

full member

Activity: 644

Merit: 111

Yes, investing in cryptocurrencies is very risky, but do not forget that it is also very profitable. If you are still not confident and fearful, it is better not to invest. But if you are ready, you just need to be careful. Crypt is not dangerous if you approach it wisely.

Lorin

full member

Activity: 518

Merit: 100

They are afraid because they always think that they will loose their money if they invest on it. We know that investing in crypto is risky but if you will not try how would you know.So before you invest learn it and collect some knowledge so that its not hard for you to decide and not afraid to invest.

crimsongoth

member

Activity: 588

Merit: 18

Scam ico projects have caused an incredible damage to the trust in the cryptocurrency market.

fumblingperch

full member

Activity: 490

Merit: 100

I am also afraid of hackers volatility of the cryptocurrency market. Despite the fact that I have protected my funds and most of my money is on the hardware wallet, I still have money that is stored in less secure places and I worry about them. Also the market volatility and the volatility of cryptocurrencies makes me very much afraid.

TonixGaming_14

full member

Activity: 329

Merit: 100

AGATE

Initially, I was one of those users who are afraid to buy Bitcoin and cryptocurrency in General, but as soon as I studied the issue, the fear is gone and I started to invest in it.

Gifolote

member

Activity: 308

Merit: 10

I think that now people are afraid to invest in cryptocurrency because of the long fall of the market

Joshua101101

full member

Activity: 378

Merit: 100

https://saturn.black

Quote from: leynylaine on May 16, 2018, 08:19:40 PM

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.

Today, many are afraid to invest in cryptocurrencies, this is understandable. I believe that the crypt for those people who are not afraid to take risks. But their risk may not be justified and they will lose their investment.

Dessy88

full member

Activity: 1050

Merit: 100

Vave.com

Quote from: leynylaine on May 16, 2018, 08:19:40 PM

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.

Remember, besides being profitable, crypto also makes a loss so it's not wrong for many people - people who are afraid to invest. I also definitely experienced something like that.

BigBrother

member

Activity: 439

Merit: 10

You were right to say that. Of course, there are certain risks when investing in cryptocurrency, but we must understand that we can protect ourselves by making a little effort. In fact, we are responsible for our own security, so there is no need to be afraid. Investing in crypto is a good thing.

siorapokk

copper member

Activity: 190

Merit: 1

Because of the falling market. The whole year was pretty taught for all of us. People that are new to the market do not want to risk their funds, because the market is not more profitable at all. We need another bull run to attract more audience.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

Quote from: milani on November 02, 2018, 09:43:32 AM

Lots of people are afraid to invest in crypto currency because lots of problematic questions they see for the last period of time. People are afraid of losses and that is why they try to wait a lot in order to see how the process is going on and how others trade, sell and so on before to invest. After that when they see the more positive sides than negative they start to invest. And lots of people do not have enough financial level to invest, very often people even do not try to learn something sbout crypto because have not good experience in their past lives with some pyramids and thinj that crypto is something alike.

Those problematic questions arise because FUDs are spread through the community and people who has no prior knowledge about the technology and crypto currencies tend to believe these news. The media plays a vital role in this case. They try to spread those negative news as much as possible, but never the ones the are positive. The main reason is the control of media by the government. Thus people hear these news and ends up being in a loop of doubts.

swartzias

full member

Activity: 294

Merit: 100

I would look at you when you were offered to buy a black bag and said that there is a very cool thing and when you buy it and wait a little, you will become rich.

RobotNIK

jr. member

Activity: 280

Merit: 1

ADAB Solutions First crypto exchange Islamic Cryp

Mostly people who do not invest in cryptocurrency do not trust it, and they do not trust it for various reasons!

owlman

full member

Activity: 602

Merit: 100

investing in cryptocurrency has its advantages and disadvantages, and some people are really afraid to invest because they are not ready for many reasons, and those that you have indicated, including. This is an individual decision of each person, which must be respected.

treatWy

jr. member

Activity: 308

Merit: 5

Quote from: leynylaine on May 16, 2018, 08:19:40 PM

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.

These are some of the basic fundamentals that newbies must know and learn. Everyone have their own responsibility to take care their own security. Unfortunately there are instances that beyond from our imagination and preparation that made fear to some of us here that result to instant leaving crypto.

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