Bitcoin Forum

If you buy a bitcoin in the price of 9000$, yes it may drop, but we have clearly seen that this is what it does. It goes up and down. If you have 1 million dollars and buy 100BTC  (900.000$) then the only thing you have to do is wait. Because someday it will pass that number and you will have profit. Am I wrong?

The question is, do you really have that confidence anytime on making big investments towards bitcoin/crypto? I guess not and come to think that not all would have that capability or capacity on investing even if they do able to see some opportunities.

Its easy to say that you would just need to wait but im sure that it wont really be that an easy journey even if you do decide that you would just be a hodler because in all the cryptocurrency price ride waves then it would really be a tough one.

If you do have money then you can either actively trade it or simply hold and with crypto characteristic when it comes to volatility then its most likely that you would make out some bucks.
If you do believe into its potential then its your choice if you do engage on it.

There is no problem if you have million dollars and you buy 100btc. If price drop around at 5000$, millionaire could still hodl their bitcoin but mate, most of traders/holders are Midrange type. They can't wait long as a millionaire could. So Midrange holders would not like to stuck their fund for Uncertain future

Question is when? Probably you are wrong technically, because we don't know really that bitcoin would cross $9K or it will stay below $9K forever. It's just our expectation only that bitcoin will touch ATH again and we will get to much profits. But reality is different. You are speaking if someone invest 1 million dollar then someday he will get good return. If I want to tell you that if you are sure about return then sell your house and invest on bitcoin. When you will have good return then buy it back. Or take loan from bank and invest on bitcoin and return the loan when you will have good return. Isn't something unrealistic? Same thing that you are speaking about invest 1 million is unrealistic somehow. Its totally depends on someone's faith into bitcoin, not just return of it. This isn't any investment platform. So before invest in bitcoin they will have to understand the bitcoin technology, just not look at the price always. And anyone should buy at as much as dip according to him, either it would $9K or below.

Yes you are.
Most of traders are after short term profit, and it's wrong to give such financial advice because it's big risk to put so much amount. What do you think would happen after it refused to hit it's ATH just like when BTC was at 20k

Well, I don't think people are that quite confident to invest that much money in cryptocurrencies l, even in bitcoin. Here in our country, bitcoin is misunderstood by a lot of peopole. And since it is a decentralized crypto, people believe that it is a way for criminals to do illegal transaction or way for people to scam other people. When a lot of people doubt it like that, I don't think a lot of people would consider buying or investing in it.

There are many reasons why people are afraid. generally, people are afraid to invest in anything that involve a lot of risk. Secondly, people want quick profit so if they see that crypto investing might not give them the quick return to have, then they will be afraid to invest. Also, some have history of being scam by third parties popularly refers to as brokers, investing in bitcoin to them is another avenue to get scammed. Lastly, this one is most common among new traders who has lost money in trading. They become weary if trading bitcoin is truly worth it.

Why is it worth investing in Bitcoin? Not just for the sake of profit - financial experts point out that traditional money systematically reprinted by governments is losing value all the time, and may prove worth nothing during a global crisis or war. In this situation, many people are turning to investment in cryptocurrency, whose value remains at a high level. You can also pay with Bitcoin for many products or services.

BTC mime is new and a lot of people do not know what's going on. That's why they are afraid ...

Ofc you are wrong lol
You may lose it all. There are no guarantees. Although I believe that bitcoin price and adoption have a upward movement in there future, that's not the only possible outcome.

"all you have to do is wait" makes no sense. Investing in bitcoin is a smart bet, but it is a bet. There are no guarantees.

It's not as simple as buy low-hodl-sell high. You will learn that as soon as you experience a full market cycle. The bulls seems to be successful in holding the line right now but once they let the dumpers have their way and we enter into another long bear market, you'll understand what I mean.

Everything concerning prices is in the domain of pure speculation, so no one can say for certain how much will the BTC worth six months/years from today. A problem for all of you who haven't been around for a long time is that you do not see the whole picture, but only that part of 2017. Investing is not just about how much money you have, but also from being able to assess all the benefits and risks of investing in something.

I still remember 2015 very well, and then the price was even below $ 200 at times, and there were similar debates as today. Invest or not, BTC is ponzy, it will never touch $1000 again, BTC is dead... From a historical distance we can conclude that many were wrong then, and in 5 years history will prove that some others were also wrong with today's thinking.

Yet every investment is a risk, and everyone should do it at their own risk.

Self-confident about bitcoin investment because this is one of the best investments for the future, therefore many people assume that bitcoin investment will not get for but loss, well it might be done for people to panic when the market is down, of course people will panic Restless looking at the red market, well there we must know how to take a position in bitcoin investment because the cycle in the crypto market is always an unexpected wave and therefore the risks we face will not be as big a loss as they talked about.

I think it is natural that people are not willing to invest in such volatile asset, it is true that it can get higher as well as lower, but at this point I honnestly don't see it going sky high because scalibility is not looking good and as such, useability will also be tackled... and there are also the threats of countries national currencies... I really wish it would sky rocket, but unfortunately it doesn't seem to be going there...

It will vary from person to person but generally it will always be about the perspective of the investor in how he or she views the asset. Like a more conservative person will invest in mutual funds but for people who are willing to earn more on their own they would likely invest in the stock market. The same goes with the crypto industry yes they can gain bigger compared to stocks but they are more riskier and unstable compared to stocks of company that's why investing in Bitcoin isn't really for everyone it all depends on how you accept the risk of losing your money.

You’re not wrong, no. It’s that lots of people are risk averse, bitcoin is still not a safe investment. It’s done very well for me personally but it’s no a guarantee for people. I understand why people with modest funds don’t want to jump into bitcoin.

We have different risk appetite so expect that there are people who are afraid to take risks and make investment with bitcoin. There are certain people who are just comfortable on being a financial stable where they are more focusing on financial security than on financial freedom. Financial Literacy is also a big problem in our society that is why majority of financial literate persons are taking risks and making investment with different assests and securities.

It is true about the profit, that's how you do to hold. Asking why people are afraid to invest in bitcoin is the same question as to why people are afraid to invest in other investment vehicles, such as stocks, real estates, bonds, gold, and other legit investing opportunities. The reason is we don't have the same kind of risk-taking. We can be as good as other bitcoin holders to see bitcoin drop and others can't. That's the logic behind the question that you have made.

I don't think Bitcoin should be seen as an investment, but I am even further from believing that it's best application is trading (and yet this is what the majority seems to be doing). If we're talking about hodling, there are indeed no guarantees it will get one anywhere. However, I'd say there are high and low probabilities of what will happen. There's a low probability of getting 10x return within a year, but it's about as unlikely that one will lose 90% of the investment in a year. There's a high probability that the value will be more or less the same after a year, and quite a good chance of it doubling over, say, 5 years. So if people are investing in gold, Bitcoin is probably a more risky bet. But if we're talking about stock versus BTC, I think Bitcoin is worth considering, and the risk is not that high (in case things look too bad, there's always an option of selling and buying later).

Is the most important thing investing in bitcoin just about waiting? Because no matter how much you invest but you don't understand the characteristics or other main factors to have, then how can you wait. There are factors that at least can make you remain confident and when you are not aware of the importance of understanding chart and other analysis, then whatever amount you invest it will be difficult or not guaranteed to make a profit because you will find it difficult to remain consistent to wait, because basically you do not have high confidence and good understanding to overcome difficult situations that will inevitably occur in this market.

They afraid investing on it because there are many whales in the market and they are holding a huge amount of bitcoins inside their wallets.
People think if the whales start to sell their investments in order to extract the profit. The price will fall and they will lose their money.
Also the daily ATR in bitcoin is too high and the price is not stable as gold, stocks, etc...

every people in this market are not afraid buying bitcoin instead they are just waiting for the right timing when to invest again.
if you are referring to other people outside this market then for sure theya re thinking that this is scam and their money might risk and gone.
Yeah thats another reason,the manipulations but we can bear that,if you can hold longer and don't look for easy money.

You talk of a drop from a mere $9,000 after a purchase with such concern (it shouldn't be), don't be in a hurry to forget that there were people who bought Bitcoin at ATH in 2017 and are still hodling till date. On the flip side, those who are still scared of investing in Bitcoin at this time and age will eventually not have any investment in cryptocurrency. I say this because Bitcoin is about as stable and sure as any profitable business can be right now. If anyone is still scared, then it means they aren't business minded.

You are not wrong, but that’s not what most people want. A lot of people that are investing in Bitcoin don’t want to wait for a long term. I can remember a guy that met me once and told me that someone referred him to me and he would like to invest money in Bitcoin and start making money.

I made it clear to him that it doesn’t work that way, and you will have to invest and hold for a long time before the price goes. He agreed and invested some money, but I was surprised he started calling the next two days after the price of Bitcoin dropped and complaining to me. I reminded him of what I told him that Bitcoin is not about quick profit and any money you invest should be something you’re ready to risk in the market. So most people just want quick profit and that’s why they keep whining.

There are many reasons behind this. You need to know more and more about Bitcoin. The more you know, the less risk you will have. So you need to know more. When to invest in Bitcoin and when not to invest. As it continues to decline and grow again. you need to know better and then invest. It is not possible to predict Bitcoin. All we can do is come up with an idea.

Bitcoin has a value on the basis of trust, and it's hard to guess how persevered the trust of people who are able to make bitcoin have a price forever or can even increase and can be exchanged for something tangible.
I would not say it's wrong as long as the trade of bitcoin is still ongoing in various exchanges in the world. But if you want definite future benefits, there are still many other options that are more promising than Bitcoin or other cryptocurrencies. Something people need and supplies are limited so people don't care about value.

that is correct and we need more people like you who can put their trust on bitcoin. Most people want its price to increase but the problem is trusting themselves and it won't be a problem if you do. waiting game is the tough part for many people and once you can get over it you will end up in profit.

There are many reasons, like lack of information and therefore lack of trust. Questionable propaganda from companies like Goldman Sachs that posted a document why its bad to invest in cryptos. Even though it is written by an intern or an imbecile it will have its impact because of the amount of people it will reach. Also, people fear change and why invest in something new when you can easily invest in a stock or a bond or in a more trading way in a future or options? There is still a lot of education to be done for more acceptance.

From my point of view, there are really some people who don't trust and we can't convince to used and invest their money in bitcoin because after they heard and read about the news that bitcoin is being used in illegal activities like scams and frauds, they started to become afraid and avoid investing in bitcoin and they assume that bitcoin is not a real currency.

Actually having 1 million dollars is really big and I think that in order for you to spend it in the right way is to have a business first, there are no people who would use all of their 1 million dollars to buy bitcoin, that is so risky as we all know investing is also risk-taking, better to have other business first. If I already have 1 million dollars I would not think to invest it all in bitcoin, that is so risky, I will invest my 10% of mine, I think that is enough there are many things that are worth it to spend our money.

Too much confidence is what you need if you are going to invest all of your 1 million dollars, those people who have strong beliefs on bitcoin would do that.
Indeed, there wouldn't be a person who would invest that amount of money, that is too much. There are many scammers and hackers would be interested in you if they know that you had invested 1 million dollars.

You are right, you can make money by doing that. Hodling is the easiest and least risky way of investing to crypto. However, it is still not as easy as 1 2 3. Of course there are few factors you need to consider first most espacially the time frame. Like how long will you able to hold? Are you ready to miss small opportunities? Do you think your coins will be all worth it in the future? Assess yourself because maybe there are possible ways for you to earn faster than holding or maybe it is not worthy of your time at all. Nevertheless, hodling is fine. Just hope for a prosperous journey since you are only relying on fate of the universe :D.

Bitcoin's price is unpredictable. That is why there is always a risk when you start trading or investing with it. The price may get high or low in short amount of time. Although there are a lot of trading websites out there that gives you an option to automatically stop trading once you reach your desired price. People can also just hold their money and just wait the price to get high but it may take some time before you actually make a big profit because just like what I said, the price is unpredictable. It is constantly changing and you have to monitor the price from time to time in order to make a big profit.

You are not wrong.

For people who know the risk of investing in bitcoin, they will not worry with the up and down of the price because they believe that in the end, the bitcoin price will increase so high. But for people who doubt or don't have much information or knowledge about bitcoin, they will be afraid, and I am not sure that they will use much money to invest in bitcoin. It will depend on how we can manage the money and emotion to see the price will be up and down every day.

This is the same for every other commodity or shares or investment option you chose to invest in, because you have to take risks when you are investing. The thing with Bitcoin is the extreme volatility and the huge jump and drop in the price that can happen with Bitcoin. People see this extreme volatility and they are scared, because they do not see this very often with other commodities and shares and currencies.

Bitcoin investment is all about timing and making bold decisions when other people are scared to take the risk. We always say "Buy low & Sell high" but most people are too scared to buy when the price is dropping.  ::)

I think one of the reason why people doesn't invest in bitcoin directly is because they lack knowledge or somehow have some fear if they will buy it in the right time. Most of us actually doesn't really figure out if the time is right time because we know that bitcoin fluctuates and we are eager to always buy the dip. But disregarding the fact that bitcoin is for investment will make things easier. It is more like putting bitcoin in a currency for daily use, and no matter how much it is, will still be good as long as our purpose for bitcoin is for daily use. Going back to the topic, "why people are afraid on investing in bitcoin" already tells that they need to make sure they will not lose, or to somehow buy the dip to make sure that their investment will win. Overall, every investment does really induces fear, what people just need to do is to have allot of knowledge and to make sure they have the courage to accept whether they'll win or not.

There are very few people with extra millions to put here in my opinion. I would consider putting that one million,if I had hundred of them  ;D

Plus, It was 20000$. some one bought at that time and he lost half of his investment already.

As you can see people who bought at 9000 dollars last week already got profit. I'm sure Bitcoin will not stay at 10 thousand but one day be worth much more, even if it only happens in the form of another bubble.

There's always a small chance that it will go down and eventually become worthless because that's what happens with technology and this is the risk you have to be prepared for.

The steam trains were once a big thing but then came trains running on oil and electricity and now we're going towards magnetic levitation so even old railroad tracks will become obsolete. Bitcoin can become obsolete one day like other technological advancements but it will have its bubbles before it happens.

It's not about being afraid but people have different preferences and financial status. You can't just easily say to others that they need to risk their money today as it will be rewarded in the future by 100% chance.

For preferences, others are not into hodling for a long period so they will just do some actions, whether to buy or to sell, if they think it's the best time to do. Day traders are like this or those who want to take advantage of the price swing. Others are also not comfortable in taking such risks of putting large amounts in one big push.

For financial status, some can't even afford to buy bitcoin in fraction, so in here, they like to use their money wisely and they will just wait if it's reasonable to buy bitcoin.

Yes you are right, you will get profit by buying 100 BTC at a price of $ 9000, but with one price bitcoin must exceed your current purchase price. need to remember the price of bitcoin is very volatile, you can lose and can also profit. depends on how you do bitcoin purchase management. Don't buy bitcoin at just one price, it's best to buy gradually at a pretty cheap price. don't do anything stupid by buying at expensive prices and selling them at low prices. Because many novice traders or investors do that because their mentality is not ready with the bitcoin shocks.

You should have to make it otherwise, you will lose. But the question is how long? It is so unfortunate that some people put their money at risk in crypto for they think that it will multiply soon but deliberately they become stupid because they also sell it when the market showing some declines.

Maybe OP if you have the guts to invest that big amount in Bitcoin and make it possible to hold waiting for a better price then it is good for you but if you're not, I'm afraid to see you dump your Bitcoin first in the market. It was clear enough to see a huge risk here and those people who are willing to take the risk will absolutely get their prize in the end.

Because for me, based on my observation, there are people who are ignorant about what bitcoin can do to their money. They don't know how bitcoin works in the market so that they have no idea that this cryptocurrency can give them huge profits that they can use for them to grow. They are scared to try and they doubt bitcoin because they think that it is a scam and you will just lose your money if you invest to that.

Invest what you can invest or as long as you have enough money, try to manipulate your bitcoin properly or teach other people to know what can bitcoin do with their money. Promotion will really improve mass adoption in bitcoin as we try to support and guide those people who are interested in bitcoin but don't know how to start.

I thought that the example closes to the term "Afraid on Investing Bitcoin"

But in a certain thing?Yes you are perfectly right because for more than how many times that Bitcoin had already proven that every Fall in price there will surely coming Hype and many of us already profit on that(but there are also many whos been trapped since 2018)

What is important here?that we knew the risk and we also afford to lose ,and the most important thing?is we can wait and won't get greed and demanding because Volatile market deserves patient and support.

Many people frustrated after investing with bitcoin last 2017 because bitcoin ever touch more than $20,000 and now look how bitcoin dump drastically and make many investor lost their money in bitcoin, maybe every day always have new people said bitcoin will back to higher price above $200k but we can't prediction how bitcoin price dump now, maybe this reason why many people afraid for investing in bitcoin.

imagine someone bought 100 BTC in December 2017 for the price of $ 18,000. it has been 2 years that this person is at a loss and if that person wants to recover his money he must trade while holding his 100 BTC. I think people should use 50% of their capital to hold and another 50% to trade and should think about having more investments


we cannot think that in this market the price will always rise with time. nobody can guarantee that. so buying at prices over $ 9000 for the long term can be a great test of patience for people who buy at that level

There is a person that has the confidence to invest all of those 1 million dollars, that is too much even though I really believe on bitcoin, I wouldn't think to invest it all, I would rather invest my 30% of money so I still have money on my own which I can spend to have some business or other things, it still profitable for me if I am going to have a business rather than to invest it all.

Investing is really profitable that is why most of us do investment but we also limit the money we invest because of being afraid that we could lose it all

The key is patience, isn't it?

But most people now just looking for an investment who can give them an instant profit. They just thinking with the volatility of bitcoin price can make their dream comes true. But they are wrong, bitcoin is not like that. You need an effort and more patience to get what you want.

I have read some experience from some people who currently has a lot of wealth because of holding bitcoin. They bought bitcoin for $100 when its price is low like $1 or event lower than that. They tried to hold all of them and sell when bitcoin pricr touch $20.000 how crazy is that?

"Why people are afraid on investing to bitcoin?"

Go to any portal that have opened comments and read them:
- earth is flat
- vaccines kills people
- 5g spreads coronavirus
- bitcoin is used by north korea and mafia to laundry money and backup nuclear weapon programs

Then you want to invest, you are opening your bank account and want to transfer money to exchange - and guess what "suspicious transfer has been blocked, please contact with us if you have any questions".
So I have to make some combinations to transfer my money from my account to any kind of crypto exchange.

Because all my banks do not allow me to do that, official explanation is "because those accounts are used for criminal activities and money laundering" (yes - this is official statement of my bank)

Seriously, last weeks I have same trouble with using revolut, so imagine how normal person that do not have knowledge may react. And people with $1kk are not different they simply have more money by luck or by being good is some particular area of life - it doesn't mean they are smarter or good in other areas.

That is because people don't search for what they need before they invest in bitcoin or altcoin at that time, so that makes them make a wrong decision. If they can found the information from reading or watching from the video, I think they will not invest much money. They attract to the crypto world because of the popularity of crypto that suddenly can grow so fast, and they don't want to be late to invest in crypto. That makes people now seem afraid to back to invest in bitcoin again.

Many people are afraid of investing in bitcoin, because most people do not believe in the future of bitcoin and also the lack of knowledge
regarding bitcoin. For those of you who dare to buy 100 BTC without hesitation, I'm sure you are a bitcoin believer. I also like you, very
confident with the potential of bitcoin. Therefore we must promote bitcoin and also educate many people, so that more people who invest
in bitcoin in large numbers.

When we say bitcoin, automatic, the first thing that will come to our mind is volatility. The profit depends on your strategy and manipulation depending on the market situation, in order for you to become an effective bitcoin fan, you need skills and control. You need experience so that you know how bitcoin works and by that, you'll not be afraid to invest huge amount of money.


This topic is really helpful for the beginners and novice to know what to do to grow in using bitcoin. If you're new to investing in cryptocurrency, don't worry, as long as you learn every time, you'll become more effective and you will adapt depending on the movement in the market.

Take courage on those professional bitcoin fan so that you get some advice and help to know what you need to know more about bitcoin.

You are correct, the only thing you have to do is just to wait.

But in your example, you are talking of a serious money invested in crypto, I think in real life you will doubt that, investing a huge amount of money, you have ensure that you have the knowledge and the skills to grow your funds, investing does not always result to a profit, regardless of what market you are investing, even in crypto, you could also fail as the market fail, the question is, can you afford to lose that amount you are planning to invest?

Yep, it doesn't mean you've invested a huge money, you will gain a lot of profit there, it's the wrong way of thinking. It just shows that they lack the ability to determine the flow of the market, in short, knowledge in investments and the market. Huge money invested on a specific asset is just a multiplier only, it'll grow multiple times when the market grows green. The market always have a possibility to go down.

We should always remember that there will be always a word "when" on investments, profit is not guaranteed.

There are so many reasons why people are afraid investing in bitcoin. Even if they are planning to, they will carefully calculate the output and analyze the result of their investment. For me, one of the reason that they are afraid investing in bitcoin is that they still dont know more about bitcoin. Maybe they're still understanding or learning how to create a effective way of investing to bitcoin. Still they're afraid because they might failed in the future but keep in mind that if you are investing to something RISKS are always involve. For a certain time, investment is either failed or successful, up to you what approach you'll use.

Bitcoin wears quitea a high degree of uncertainity. Yes, it acts as a store-of-value now, but the volatility swings scares the most people. I wouldn't want to have 30-40% portfolio swings regularly to be sincere. These said, I personally view Bitcoin as an important part of one's assets as the risk/reward is looking very good from my perspective. I mean there are only 21 Million bitcoins that are going to be mined. If nothing interferes with that and adoption increases $1M/unit is definitely not a pipe dream.

It is all about making risk/reward decisions while having the opportunity cost in your mind and of course, your risk tolerance. Investing is not a place for emotions as that could get you in a dangerous rollercoaster that will wipe your whole account if you're not careful.

See problem is , it's not that easy , Bitcoins is not something that will make you rich overnight . Certain problems that people might face are :

Government restrictions
Possible loss of money if trading is not done skillfully
Decentralization , which makes the old ones think Currency is not trustable.
Various scams and negative side ( which accounts for only 10% but yeah media won't tell you that )
General knowledge of mobiles and wallets is needed , you should not invest otherwise.
People stating their negative opinions online even though they might not know anything about it , makes the reader doubt it .
High tax percentage on the profits made by cryptocurrencies in some countries.

Etc..
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See the thing is , it is a personal choice and people apparently have different understanding in every sector. Now my parents are more comfortable in investing in gold and property but I always ask them to invest a little in Bitcoins.  

People tend to think that the government is a positive thing , whereas the regulation by the government is highly biased . Media coverage is seldom positive about the same .

If you have knowledge , skills plus you can afford to be patient then I do think you should think about a safe amount and go for it .

Learn trading ! It's more of a skill rather than a luck thing . You can even earn when the price is low , at the end of the day it all depends on you .

Yea, someday it will pass but you think after buying in price of 9000$ if it goes simple slack how many lose you have to bear you can't imagine as you investing 100BTC. Yes if you have enough money you can wait for that time when it will recover. But i think maximum investors come to market for short time investment and profit also. So this is very unfortunate word for them.

thanks.

People are just here in the crypto market because of the trend especially when they attracted to the bitcoin halving.

That's the problem for most of the investors in crypto, they thought it will give them instant money. I keep saying that it's not a good idea for investing in the $9k mark since there's a possibility for a drop, they'll just lose their money if that happens 'cause they're not long-term investors.

Probably because of the negativity most of the media which are controlled by the government spreads. Again, there are people who are willing to take the risk of losing anything. They want to be able to cashout their profit anything without loss. The risk takers don't mind investing on bitcoin. And finally, there are people who think "bitcoin" and blockchain technology is too complicated, hence avoiding it.

The uncertainty of the price due to volatility is what makes most of people afraid in getting into bitcoin and you are right it's not good looking when your portfolio swings regularly in high ranges, you got $100 today then you're unsure of what's going to be in priced tomorrow, could be less than or greater than what you have now. Basically this is the reason why most of people out there are cutting with bitcoin after they searched about it, there has been significant google searches about bitcoin but it seems like it does not inclined with the bitcoin price very well.

With that being said, I therefore conclude that people these days are in a hurry, they don't have patience to deal with the investments, they want an easy rich money and they don't want to get caught in the middle of pump and dump. I'm not an early adopter of bitcoin, neither a believer of it in early years but from what I have seen it is quite safe to stay with it for more years.

I think the main reason people are afraid to invest in bitcoin is that the price of bitcoin goes up and down randomly. Now a days the market is too much volatile that those who are very skilled or who have been investing bitcoin for a long time are not able to predict about the rise and fall of bitcoin prices. Those people who invest for a short time in bitcoin have to rely entirely on luck. so short-term investors are afraid of bitcoin. but I don't think that those who invest in bitcoin for a long time have any reason to be afraid. because the demand of BTC is increasing day by day and there is high possibility to make new ATH at the end of 2020.

There are two types of investors those who want to play it safe and those who like to gamble and know that reward is usually proportional to the risk. Bitcoin is a high risk and high reward investment and many people see it and try to get more whenever they can.

It's normal that safe investments like bonds that barely pay anything are more popular among people bacause they are afraid of the risk and want to be able to say that their money is working for them and that they have some "investments" but they don't get that an investment with 1.5% yearly profit is a joke.

Agree with the volatility. Here's what I do, I used the money that I don't really need to use in months. I just forget that the money exist in the first place, so if the price of btc goes down the following days, I don't really worry, I know that it will soon get back. I will wait for the right time to sell it. So it is important that you are not expecting to get a result in weeks or in days.

I think some are using money that they really need to use days after, they will be really scared if the price went down after they bought. No one should expect to earn as soon as possible.

Depend with how much money do you have I think why many people afraid for investing in bitcoin or altcoin, some one just have enough money always take care when investing in bitcoin or altcoin although worth with higher price and get much profit, but when their investing on altcoin bad thing with lower price how come to recovery their lost with enough money only, maybe for bigger investor could recovery from other source income.

Based on my experience, some people feel worried and afraid to invest with bitcoin because they do not fully understand the world of crypto. Volatility is indeed a big risk, but it can be predicted and analyzed using existing indicators and analytical techniques. For those who like challenges, you will definitely find fun here.

Correct. One day it will indeed rise.
But when?
can you survive the sudden storm?
or can you survive if there is an unexpected event like this pandemic?
That is why we need analysis. Not just waiting with the expectations that existed in wishful thinking. We must strengthen it with analysis and continue to monitor news developments.

I guess we can consider that is a little shocking for us ;D

That is what happens in the crypto world because no one will know what will happen in the next 24h. But the dumps will not stay for a long time because after that moment, the bitcoin price will try to increase to the last time of the higher price. So we will have the opportunity to make a profit from the next few hours.

That is the problem if the investors don't know what is this market and how this goes because for sure those kind of dip will made their mind shaking ,there are some people here that made those things Big deal when the truth is if you can at least wait for some time?they can recover from that dump.

Lets look what happen if You bought at 3k$ and hold until September Last year when Bitcoin go tall at $14k?
so the scenario will change that you will be attracted because you'll see it can make you richer?

It's not sound that easy man, you may think buying that big amount will not take you to risk your money, you're wrong. that will make the price in the market rise. In the second though they are not afraid because they don't know what will happen if they invest in it. the only doubt here is if they will get the target income at the right time because these guys most of the guys that afraid to invest are those who need to use their money again to invest in different things. those who have extra money are free to this thing and they can wait up to how many years for the price to increase.

Recently, my friend wants to buy Bitcoin and Ethereum and needs my advice. However, he was a bit afraid because the price already went up high and a possibility of getting rejected by the resistance. Like I told him before, invest and trade at his own risk because this is a big emotional test for us in case the price goes the other way around.

We can be afraid sometimes, it's part of the journey. Expect the unexpected. If we think about long-term and believing in the success of Bitcoin, there's no reason for us to be afraid even if it goes down without warning.

Imagine how big the amount he lose even if the movement is low for buying such huge amount of bitcoins for start, for sure the newbie that will handle that scenario will get rattled and will think about dumping since he will get panic for his money to get drained, Maybe a low amount a good start for their journey so if their money get burned they will learned on why those things happen and they can stand up again and try another strategy to gain on bitcoins.

Classic. This story is always about those friends calling us for advice to help them invest in btc. Some didn't even understand our explanation about the investment taking some time. I think if a friend ask me again about investing, one help I'll do is make him watch and read anything about bitcoin, I'll make sure he really understands what he's getting into. I'll explain again and again that it will take some time and pls have patience. Some are interested only because of halving too. Well, to be fair we can't really told them to not feel scared because its their money, but I hope their anger will not be pointed towards us because they have been warned and it wasn't our fault too. All we need is patience.

One of the most common reasons why people do not invest in bitcoin is because they find the volatility to be too extreme, a significant amount of investors are conservative and they are fine earning 5% to 10% per year and something like bitcoin that can make moves like that in a single day or even in a single hour scares them away, they want consistent profits over a long period of time and while bitcoin can also offer that we cannot deny that it is a roller coaster and many investors do not want.

The more bitcoins you have in your account, the more naturally you can earn. But do not forget about the fact that the prices can not only rise but also fall very quickly. Specifically if we take your example that investing a million dollars in bitcoin should be expected in any case only to increase your income. Bitcoin was able to please many people and ruined many. This should be taken into account when investing. Personally, I try to buy a little bit of bitcoin every month, regardless of its price.

Some of my friends aren't interested into investment in Bitcoin because they're impatient when we talk about investment. We'll know how the world of Bitcoin is, for investors, you must be a holder on a long-term and not just buy today and expect the huge profits tomorrow. Bitcoin is good for investment if the funds going into the investment are not needed for use. A  little hold in some satoshi can actually give anyone some good profit in return. Am a trader and a holder at the same time and not afraid to invest into Bitcoin.

The five risks of investing in bitcoins, according to the CNMV
Unregulated space. ...
Problems derived from the cross-border nature of the phenomenon. ...
High risk of loss of invested capital. ...
Liquidity problems and extreme volatility. ...
Inadequate information.

Some people do not have the holding power. If they buy bitcoin with the hope of gaining profit, they want that bitcoin should pump quickly so that they can cash out profits. But if the bitcoin dumps and they do not have the power to hold (due do financial issues), they sell it in loss. That's why it is recommended that we only put small portion of our saving in bitcoins but for long term.

But the problem is they were being lured here in crypto because of promises to make easy money while the truth is there is no such thing like that unless you are lucky enough to have a chance investing in a currency that will be pumped by whales soon after buying.


But if you got a chance to invest while the price is low and sell when it is high?does volatility hinders them?

The problem here is people look about the volatility whenever the price is falling but not thanking this when they are profiting.

To answer your “Why”, I have few points to discuss.

• Insufficient knowledge of crypto
• Incorrect knowledge of crypto(That’s even lethal)
• When one is not aware of what crypto is, a fraud news report would call it a bubble and boom! They have made a false image of Crypto in your mind.
• Nobody, embrace the change. And when the technology is knocking their door, they are busy with their old mentality.
• Investors want to make quick money from Cryptocurrency without loosing a single penny. This lack of patience leads to uncertainty. Hence, they end up criticising the crypto and not investing on it.

I have a firm belief, Cryptocurrency is our future and It has already entered into this world. It’s roots will only grow deeper and deeper with time.

Today many people are getting afraid to make an investment on bitcoin because they don't know about this coin and because of the movies, they are viewing some of those are about technology and hacking like the use of the deep web at the dark web too so the people see that they are using the bitcoin as the transaction so they see that the bitcoin is kind of coin which is not good for the typical users so they are afraid to use this kind of coin. Now we are heading towards the technology and innovation so many people now are starting to use the bitcoin because they see the potential and the benefits of the bitcoin. But still, you always take care of the use of it because the market is volatile there is a chance that you miss out on your money and loss a lot. Knowledge is the most key you wanted to have to avoid losing your funds.


Many people making investment while the market price of the coin falls down which is a good opportunity to make an investment and earn a lot of money but always take care about the market traps most of the time when the bullish comes out into the longest run it will cause of short or selling immediately.

At the end of December last year, I informed one of my buyers in Vietnam that I received payment via bitcoin. Immediately my buyer asked if I really knew what bitcoin was? And I answer with confidence. My buyer feels that I took the wrong step. He explained about the Bitcoin roller-coaster which touches the lowest number. All he remembers is the price of bitcoin when he touches the number and the price of bitcoin when he touches the lowest number.

The thing that causes people to be afraid of investing in bitcoin is that it doesn't suit their character and they are afraid to take risks and get out of their comfort zones.

I see the risks of losing money isnone of the reasons why people are afraid to invest in bitcoin. The volatility of it is too high where it can drop to a very low price any time. You'll say that just keep holding till the price pumps up again but the problem is, not all people can wait for so long. There are many people investing in bitcoin for short term, they see the opportunity to make money from it due to the same high volatility. One more thing is that, there are people who do not have money to invest in bitcoin and not because they are afraid to invest. The capital is really important in investing.

Bitcoin will continue to be volatile and for that matter entire crypto currency is being highly volatile. But if you buy on dips and hold it then surely in future you will be able to make money from it. Also have the proper strategy which will help you to have short- and long-term goals and diversify in different coins. Bitcoin is the top coin and will remain for coming years and if it has to make money they need to stay invested in this coin.

It's mindboggling how fucking stupid people are.

"If you buy $1 million at $9000 you must profit... am I right?"

Fuck no, you're wrong and stupid as fuck.  have a nice day.

Just practical, people are just afraid to invest in bitcoin because that market could easily be a dump and they just never know if the market is going to recover anymore.

Also investing in bitcoin is going to take time before you could earn a profit if you're unlucky for example you're going for a long term investment a lot of people is not going or cannot wait for the market make the pump so every investor is considering selling their investment even for low profit or even if they already lost money they just pick not to invest because it was just as risky or they selling their investment because the market is already dumped and afraid of losing a lot more.

It's easy to instruct to buy on dips and sell at high. But practically it's not that easy.


It's stupidity to invest that much money in a single asset. It's actually not an investment strategy but a betting strategy.
You have not clarified that at what price you will sell? And if it continues to drop then how long you can wait? It is not easy for everyone to hold forever.   

Yes, you are. There’s no such thing as a guaranteed thing when it comes to investments, and this is technically not even an investment for starters. It’s become one however like any currency, but much more volatile.

Most people are scared about any investment at all..mutual funds, bonds, stocks etc. Lack of financial education is the main reason people are afraid to invest. The majority of people would prefer keep their money at some big scammy bank like Chade making next to nothing because they feel it’s safe and it helps them sleep at night. Bitcoin is a new technology and very confusing to most people.

Seeing the risk involved in Bitcoin investment will bring people's minds out of it and then skipped. I understand the assurance is slim and investors will think differently as they heard about a scam and huge losses of the others. These things trigger a negative impact on their mindset and the sad thing is that they close the best opportunity in their life.

Thus, if we push through this kind of investment, we should have to think deeply and are able to face the consequences that we might encounter along the way. Otherwise, we become a loser just like many others did and lose our money.

The fact that some altcoins (actually almost all of them) are scam doesn't make bitcoin a bad asset to invest small percentage of funds in it. Some people understand the blockchain technology, some do not, but that is not the main reason why people still afraid of it. The reason is that people in developed countries don't feel the need to invest in an asset that is not part of the traditional monetary system, this system completely suits them. Countries in which bitcoin is "banned" either have unstable economic situation or totalitarian governments. People in there aren't afraid of investing in bitcoin, bitcoin for them is a store of value, an asset that can't be debased by inflation, can't be controlled by evil governments, can't be easily confiscated. They are investing not in the technology, they are investing in financial freedom.

You have to admit that investing in Bitcoin is risky. It's not like you are guaranteed you'll make profit.
Also, in the time of crisis that is knocking at our door people are even more careful and that is easy to understand.
However, it's also true that many people still don't know much about Bitcoin and cryptocurrencies and it's well known that people are afraid from unknown. Education and raising awareness about good sides of Bitcoin, that is what we still miss.

Not only because they don't understand but it is about the Bad image of cryptocurrency from the News and other social media outlet,from bitcoin to altcoins crypto has been exposed in so many bad reputation things that normal people keep on mind so they deny investing in this market.

How will you invest in Scams and Fud?this is what many says but not until there are some people around them that can prove about the legitimacy and the income they got in this market.

i have the same thoughts back then when this was first introduce to me,and the realization comes almost late that i have invested when the price already reached 5 digits and this is what is my biggest regrets in life.

The thing with bitcoin is that it is highly volatile and people are always inclined to the negative side of volatility, they always think that the bitcoin price can drop very fast and they will loose everything that they invested in it. But they always forget that they can also win huge amount of return if they invest in bitcoin, that they can't even get by investing in anything that is regulated by the government or even by gambling. So i guess those who take the risk of loosing everything wins big all the time.

The public isn't afraid of crypto, they are afraid to invest in crypto because of the government and what it says about the cryptocurrencies. Also the big investors like Warren Buffet have publicly said that they will never invest in crypto.

Some one do not know details how bitcoin is it and how to get profit with bitcoin as investment way or only for trading, many people still confused with bitcoin how come could higher suddenly and worried when hearing with bitcoin have down. Maybe after investing in bitcoin make price dump and looks serious problem for beginner to start investing with bitcoin, if some one brave to get risk with investment project they will nothing to try invest on bitcoin and altcoin during keep take management risk and always get profit.

Why don't you consider buying BTC at 19600 at the end of 2018 and the current price of BTC in June 2020 - that is, about 2 years later, it's just about $ 9000 - you have lost 50% of your assets after 2 years? The price of BTC fluctuates every minute and it is influenced by many factors. Since prices are determined by the market, investing is a risky business, including investing in Bitcoin. Therefore, be careful with your decisions

This is the most common reason. Fear of trying because of great risk, afraid of trying because of lack of knowledge and experience. In fact, if we don't try it, we won't know what new experiences we will get. The important thing is we want to learn and try to get the opportunity. Well, everyone has their own comfort zone, and we can't force it.
After all, cryptocurrency is not a simple thing that can be learned quickly, it takes a long time and a long process to really understand this. Then it will be very risky when someone comes here because they are interested in instant profit, not that easy.

thats the risk involved in a very volatile industry. so before you invest you should prepare yourself for any losses that you will encounter in this type of investment. also before anything else, you should educate yourself about cryptocurrencies and the risks involved. investing blindly will totally make your life a mess. and blame bitcoin or crypto for nothing.

so yeah, many people are still afraid on investing btc because of ignorance about it. without the right knowledge, you cant jump on this volatile market.

People are often afraid of new things. When those new things include them risking their hard-earned cash on them then people are even less likely to take the risk. I think bitcoin is mostly for those who believe in the future of the technology and those simply looking for better payment methods meaning they will be paid in bitcoin instead of holding fiat. That is a risk in itself but I think people are more inclined to do that since these days you can withdraw in many payment methods. I know I use bitcoin for that reason and more.

Is Bitcoin a new thing? Or those people are newcomers in Bitcoin investment?  :D
There are a lot of sources to learn about Bitcoin investment nowadays. You can find them by googling, asking experienced investors directly, buying books about Bitcoin investment (if available), or other else. Being afraid or not should also depend on your knowledge of digital investment. If you already have experience in digital investment, I am sure you won't be so afraid to invest in Bitcoin.

With that amount of money to be use on investing, it is best to put only small amount for bitcoin and use some in mining instead rinking with that amount. So theres a win win because you can sell the Nvidia on some gamer.
Because you dont need to check how deep it is using two feets .

Sadly in today's market everyone is investing looking for short term profits they don't hold for the long run and this not only applies to bitcoin but also all altcoins
People must have faith, that faith in crypto is yet to be restored

That's the advantage of altcoin when it comes to the timeframe of profits compared to bitcoin. There are some people that invest in various altcoins such as trading when they see the opportunities when an altcoin is about to be bullish, I can say, it isn't bad for bitcoin because most of the time when bitcoin is being hyped, these traders are returning back to bitcoin to join the train and earn. For me, as long as people are putting value to cryptocurrency, bitcoin, the same as altcoin is benefiting in their market cap.

And this is fine, there are different profiles of investors, for example someone that is reaching retirement age should change his portfolio and add the safest options to make money in the markets, this is because if there happens to be a downturn in the market this person does not have the time to recover the losses and hold his assets for long, but someone that is young can take more risks and something like bitcoin could be more appropriate for him, this is probably one of the reasons bitcoin attracts younger investors instead of older ones.

From my experience with people I know and have met in this sphere, it's a combination of people not fully believing in the long term viability of the coins and or the stupid comments of things like "it's only used by criminals blah blah" that makes them not want to stay in it for the long haul. The media hasn't helped in pushing certain negative stories or making it seem like it's this spooky thing the average person should be wary of, as opposed to promoting it as a very viable source of wealth and a way to change the world.

The fact that bitcoin is volatile, they're scared of investing in having a negative thought of price dropping.

People are also not aware of what's the technology behind bitcoin, blockchain. They aren't aware that blockchain was one of the powerful and modern technology that should we adopt right now.
At first, I thought bitcoin was only used in illegal transaction but then I tried to study about it and I didn't regret me entering this crypto world, it has so many knowledge.

There is risk when you invest. Some people do not understand the volatility and afraid that may loss a lot when the dip continuous without knowing that is is really the good opportunity to buy coins. Taking bitcoin is better than other cryptocurrencies and much safer. People should be aware how it really works.

volatility is often the main reason why some people avoid bitcoin.  this is normal, I also had doubts, until my friend guided and helped me adapt to the world of cryptocurrency.  Besides volatility, there are other factors, namely a lot of negative news related to bitcoin, the media often produce hyperbole.  I realized that after reading and learning more about bitcoin.
so in fact, knowledge is the key to whether we are willing and able to accept bitcoin as an alternative to investing and earning money.  big risk due to high volatility, but that can be minimized by doing a market analysis.

It is not wrong with your way of thinking, we are only doubtful about the future of bitcoin. Therefore many people are afraid to
invest in bitcoin. Actually, if we are confident in the future of bitcoin and have the patience to wait for the price of bitcoin to rise,
then the big profit is certain can be obtained from bitcoin.

They usually preferred to the stock market with lesser risk than having crypto.

Well, it is to understand how they first look to the market and never appreciate it but that was their mistake as they close the door for the best opportunity to come. But anyway, we have also realized that not all are risk-takers and surely those have not gutted for this will actually leave and find a better place to stay. The sad thing is that bad/fake news is in great influence on the people around and it can affect their mindset which they will think that crypto investment is can't be trusted (which they are wrong).

I think it is not that they are closing the door to this opportunity but they are afraid because it is new to them and they don't have any idea what to expect. If there is something new in the market, usually, you will let others to test it and wait for the feedback of those who have tried. Unfortunately, when it comes to crypto trading, you will read a lot of negative views or experience because of bad experience of those new traders. So they thought that their investments are really not safe yet on this volatile market.

Well, the risk is always present and it's not that easy to invest a million dollar to Bitcoin if that's all of your money. But for those who knows what is the risk factor and how to minimize it will surely gonna invest their million dollar money once they understand what they are going to invest. And if you don't understand a thing about Bitcoin then why bother to invest a large amount of money? Just like what they said, in order for you to make a profit you have to understand what you are going to invest.

If I have that amount of money I would never spend it in just 1 buy order. I would divide my capital into 2-3 so even if the price goes down I can still buy at that price. Don't be so confident that it will surely go up because you don't know when would that happen. You bought bitcoin to earn profit not to become a hodler for a long time.

Yup, Bitcoin has this image of being used illegally, some people who aren't aware or doesn't have additional knowledge about btc tends to believe this and we can't fully blame them, btc has history of it being used in that way. That's why they are scared. And we know that btc isn't only about that, its just an event and history. Fiat currency can also be used illegally. However, people has this image of btc in their mind so it is our responsibility to spread knowledge and facts about btc so they can learn from us, and hopefully we can still change their idea of btc and cryptocurrency.

If things are going like what you say, everyone can earn profits by investing in BTC, that's impossible.
"Don't be too greedy" - this is the lesson I learn from the history.

There are many reasons why people are afraid in investing on this asset. I will cite some of it.

1. Volatility - We know already what volatility can do to our money especially for newbies out there who are just investing their money without proper knowledge. Many investors have been burned up because of this feature of Bitcoin. Because of this, many are thinking twice into investing on this or they will just invest into other assets out there which are less volatile.

2. Scams - We also know that Bitcoin has been used by scammers to scam other people. Some people also knew Bitcoin as a scam as they just saw it on news or different articles online hence, this is the one of the reason why people are afraid because they are afraid to get scammed. This can be prevented with proper knowledge.

I think that there are many people that is scared or afraid at investing into cryptocurrency because they are fearing that they might lose money once they will invest in cryptocurrencies because I think that they are making sure that they will not lose money from not trusted ways of earning money in bitcoin and they are traditionally hooked into investing in real estates because they are sure with that but I think tsht they are fearing at missing out in bitcoin because earning is easy with that and I hope that I can earn more with bitcoin

Possibilities for those people who indeed have good patience to wait and have a good trust to follow bitcoin future
investors who knows how to estimate and have a good insight  to this investment.
You will only doubt or be afraid if you don't have enough knowledge in any investment that you will take, but as
long as you understand well there's nothing to be afraid.
Keep in mind that in every investment to take you have to accompanied things with good understanding as it
will helps you to stay with what you are aiming to achieved.

People who are investing in stable assets just afraid of 10% per day movements. Such a great volatility keeping away conservative people

It's actually a good question. I'm a newbie here but I found this article about cryptocurrency https://primexbt.com/blog/make-money-with-cryptocurrency/ (https://primexbt.com/blog/make-money-with-cryptocurrency/) very interesting. Actually there are a few ways on what to do with crypto. I'm gonna spend some money and check the result. What do you guys think?

You aren't wrong, I will also choose to buy bitcoin and wait. Some people bought some bitcoins and forgot about it, they became rich after a long time. People are afraid because they are trading day or short term investments, the margin is quite large and they only see risk.

Because the adoption of bitcoin for daily life is still very low, so far bitcoin only prevails on the trading floor. What influences investors to be afraid to invest in bitcoin apart from price fluctuations is because traders do not have an understanding of bitcoin and do not have a trading plan or trading strategy.

Without a strategy the investor takes the following steps:

1. Bubble burst will occur, so sell all bitcoin you have and expect the market to fall as low as possible. So that the bubble isn't as bad as thought and the market is getting stronger, they don't have bitcoin.

2. Having a confidence bubble will never happen. So invest all your money in bitcoin and altcoins. When the bubble burst occurs, the prices of bitcoin and altcoin drop and not all altcoins recover when the market improves.

3. Not too well understood, so surrender and hope the bubble will soon pass and the market will strengthen again So base investment on expectations, not analysis.

There must be a trading plan so that when the crisis comes and lasts long, we can ensure that we are able to survive until the end. but if the crisis is not as bad as predicted, we can be calm because we are best prepared to take the opportunity.

Anyone who wants to make good profits from buy bitcoin must understand the reasons behind it holdings. Buying Bitcoin isn't the problem of many but they lack the needed confidence while the price of Bitcoin drop drastically. Many have regretted their actions of getten into bitcoin because they refuse to understand the ways it behavior. Buy bitcoin and hold is the best anyone can do, so, buy and hold are the secret of Bitcoin investment method that can't generate fears.

Because it is a manipulated market. The value of bitcoin is decided by a highly centralized cabal of whales. The exchanges follow some sort of algorithm, where their prices go up and down all at the same time, with small variations between them, thus rendering it a controlled market. They allow bots and they dont have any circuit breaker, which could protect people's investments in it.

Also, bitcoin network is very slow, taking up to one hour for a transfer, even with the highest fee. Because of the slow network, many people prefer to let their money in the exchanges, as shortings are very fast, due to them being concerted between the whales, and enhanced by bots. Bitcoin can fall 60% overnight, and take weeks or even months to recover the value lost. For example, it have fallen from $6k to $3k very fast in 2018, but took three months to go back to $6k. This let people very uneasy about it, as a store of value is meant to cover expenses in case of emergencies, and emergencies can happen any time. Add to this the fact many exchanges are "hacked" from time to time, and you have the recipe for adoption failure.

For this reason, bitcoin have failed not only as a daily currency (since a merchant will not risk accepting something whose value can fall 60% overnight), but also as a store of value (there is no reason to send it to a personal wallet, since price can fall 60-80% any minute, and take months to recover).

Probably because of the market function, unstable price, btc can be 9k this minute and the next minute it is falling down to 8k or less, anyone who buy at 9k after seeing such a dip will panic and maybe selling at loss thinking the price will not go back to their buying point, some people can't watch their investment going down like that.

You are right; Your thinking is not wrong. Investing in bitcoin and cryptocurrency is really risky. Many are also afraid to invest in Bitcoin and cryptocurrency. Extensive publicity about Bitcoin and cryptocurrency can alleviate this fear and make investments profitable.

Admit it or not we are all afraid to take risk most especially when it comes to money matters. When I first join here I am afraid to invest my time and my effort knowing that I have no assurance of gaining a profit for joining here but I took the risk because I need money and I want to earn money from the easiest way that's why I am here.

I had the opportunity to ask 5 different people about the interest in investing in bitcoin after I explained a number of things related to this investment. These five people give almost the same answer and that is the fear of losing because the price is too high, fear of being cheated, legal problems and religious norms so that I can conclude that for ordinary people especially those who dont fully know about bitcoin then they are not suitable people to invited to invest here.

Bitcoin price volatility is one of the reasons why many people are afraid to invest here because we all know that bitcoin investing is a risky investment. There are many risks involved with bitcoin and these are the things that they are considering.

Bitcoin is not consistent. Sometimes the price of it gets low and if you are lucky it gets high. There people who are afraid in investing in bitcoin because they did not if they will get a profit or the will bankrupt. That's why bitcoin is a risk taking situation.

We have different views on investment stuffs, not all are willing to risk, not all have a loaded mag, any one can be an investor but not everyone can be a risk taker. Investing on bitcoin takes a courage since it is true that you might lose your money ( proportionally to what percentage ), but if you're monitoring the market long enough your view in it might change over time. Religious norms? I haven't heard about a religion organization that prohibits any of this investment stuffs, or they consider the investment as a gambling practice?

Given that bitcoin has high volatility because there are many players around, this is also why traders are loving short-term investments. Being afraid is a natural feeling especially when you're doing it first time, but then how will you succeed if you won't try?

You are right mate, anyone must dare to take risks if want to invest. Any investment has risks, even if its a gold or real estate investment and we know that.

I will not dispute them with regard to their understanding of religious norms because that would invite complicated debate. I also would not invite them to invest in bitcoin even for the first time. This is my own initiative to find out how ordinary people give their opinions on bitcoin.

There is no success without the intention to do it and most people who succeed are those who dare to do things that were previously considered difficult and not ready to do it.

Once people invest in a thing they become conscious about it and always try to check the price of their investment whenever they get free time. And 1 million dollars is actually a big amount to have in a single investment so if one day you see the Price of your investment go down in a single day by more than 20% then you will surely sell most of it so as to Cut back your looses and this will cause you to lose money, so volatility is the reason that people are afraid of investing in bitcoin.

In this regard, I must say that do you have really your confidence to trade or Makin investment by using Bitcoin. If you have then go for doing it. This is the right choice ever to make some profit. Many people are afraid of investing on Bitcoin because of price. Price can be different and it may increase or decrease. You must need some patience too.

You are not wrong. A lot of people want to buy at the dip because you will gain more. If you buy at 9000$ and imagine bitcoin falls to 3000$ and i buy obviously i see more profits than you and it can be very painful. So is because of things like this people are scared and nobody knows bitcoin next move.

Sure, volatility is the outermost defiant force weeding out short-term investors or just people who want quick and short-term gains. The thing to realise is that this shortcoming is global it's not just you losing but a lot more so at least be comforted by that but the true nature of those who know about trading/investing and the market is seem at times like these where profit for them is still achievable.

While you are right we should not depend on the media to try to make bitcoin popular and be used by more people around the world, after all we know that for the most part the media is bought by the government and they are not going to bite the hand that feeds them so they are going to spread all kind of lies about bitcoin if they have to, however mainstream media is suffering from a credibility crisis and more and more people are turning to alternative sources to try to find the information they look and that is good news for bitcoin.

I hardly can count more than 5 people I personally know who ever heard about Bitcoin. Most people haven't ever know about it. There should be more company that accept bitcoin, and of course people have to see it more in their life. People will need to know more about this more and won't be affraid to invest in it. Currently it's not so widely used, so people don't trust in it.

Social factors and or about what they are looking for on the internet is very influential for them to know about bitcoin, if a friend you know personally does not mix with people who have income from the virtual world, of course friends you know don't know about bitcoin and who what makes you here, because even you can be here doesn't have to have someone you know personally, right? The world is growing and whatever information we need at least can be obtained on the internet, so if we already believe about bitcoin then hurry up to invest and don't have to wait for your close friends to get to know bitcoin first just to invest, bitcoin or cryptocurrency continues to grow over time but if there are still people who don't know about bitcoin, I think it's only natural that not everyone is aware of bitcoin because each has different goals and needs.

for the newbie, fear of volatility is a good thing.  This makes the newbie does not recklessly enter the market.  that is, it considers many things, right?  imagine if the newbie just wants instant profit without having basic knowledge, will definitely be stuck at a loss.

Then, what distinguishes between people who want to progress and not is seen from the way to overcome fear.  if you dare to fight fear by learning, it means that the person is a hard worker.  if not, then the person is already fixed in his comfort zone.  nothing is wrong, it's a choice each.

I don't think more than a decade is that recent for me. Another thing is that it already generated a lot of profits from its investors the reason more people wanted to have their own bitcoins to save to also earn their profits. I guess scams and hacks is more probable reason why people are afraid to it.