The reason people do not want to invest in crypto

[Krissybru]

1. Blockchain has a long way to go to be a practical solution
Businesses will not miss the opportunity until the technology demonstrates its scalability. However, this can not be proven in the real world until the companies make the leap and produce a concrete result, not an experiment. Moreover, not all industries will benefit from blockchain, while other industries may face a costly and time-consuming conversion process so they choose blockchain over a network. now available.
2. Too easy to join
The real concern with a low barrier to participation is that there is no way to ensure that this technology will not become obsolete for several months. This is another reason why businesses have not implemented blockchain technology. Why invest in a blockchain while only a few months later will have a better blockchain next generation? Replacing and upgrading can be costly and time consuming.
3. Very few tangible means value of crypto.
One of the biggest misconceptions with digital currency is its mass acceptance of tokens, meaning that they are successful. Unfortunately, using a virtual currency does not necessarily generate revenue or profit for developers behind the token. Furthermore, blockchain technology tends to hold long-term potential values, not the token itself. Therefore, buying into a token that does not actually acquire ownership in the base blockchain does not make sense to the investor.
4. Tax situation is a nightmare
Investing in the crypto algorithm means that you need to track the increase and decrease in capital for each transaction. Even using your token to purchase goods and services will also serve as a taxable service, in line with the Tax Administration's tax guidelines.

people invest in crypto currency because, as it was already said, that in the future it will unite many spheres of life, from business to purchases in online games, whoever invests their money because they believe in strong growth, for one or several years. I believe that by the end of this year bitcoin will cost 20,000, I hope so

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[hitrawal91]

Yes, I agree with your reasons and points and your approach is right. Actually, since the crypto revolution is taken place in online mode and since the bitcoin is been actively engaged in online world majority of offline people who are still not aware of crypto tokens do not want to invest here because of fear of loss and because of no knowledge either theory or practical wise. Even who are actively engaged in a crypto market are still not having that much of dare to invest big amounts in crypto markets. I think if proper education and awareness is created among the people then they will surely give it a try.

[Kriptex]

Yes, I agree with your reasons and points and your approach is right. Actually, since the crypto revolution is taken place in online mode and since the bitcoin is been actively engaged in online world majority of offline people who are still not aware of crypto tokens do not want to invest here because of fear of loss and because of no knowledge either theory or practical wise. Even who are actively engaged in a crypto market are still not having that much of dare to invest big amounts in crypto markets. I think if proper education and awareness is created among the people then they will surely give it a try.

The trust is the most important factor here. If you don't trust crypto, you won't invest. It's your own preferrence actually. Nobody will forcer you to invest in cryptos. People will see the reality later on and those who never invest will regret for their decission.

[Luckym7]

In a couple of days crypto currency show red signal and i know about crypto currency news that was crypto currency will be banned for many country and China also ban crypto currency so people was very afraid to hearing the news in this region before don't want to invest with crypto currency after Five months later and crypto currency market again show Green Signal people see this market situation and again to start with crypto currency investment. Some people don't know about crypto currency so they are very afraid to invest with crypto currency market but who know is very well about it to currency they are always invest with crypto currency.

[Eva_me]

I think that basically people do not want to invest in crypto currency due to the fact that:
1. they do not know about them;
2. those who know about them are simply afraid. Because it is something new and incomprehensible to them. Try to explain to your mom or grandmother what blockchain is and why it is needed  ;
3. crypto currency is very volatile;
4. periodically there is a lot of negative news. Sometimes news is contradictory and untrue;
5. many people do not have financial investment opportunities;
6. many people do not have knowledge about how to trade.
I think there are many more reasons.
All this makes people treat crypto currencies with extreme caution. And do not invest in it.

[muddy waters]

I would add one of the "fears" that prevent people from investing in crypto: as with any new technology it is necessary that those who started using it made it more valuable.
Sadly, ordinary users do not understand how to work with cryptocurrencies, and the market of goods and services that can be paid with virtual money is limited. Therefore, the main demand for cryptocurrencies comes from investors, but not from consumers.
That's actually why we don't see so many new people on the market as it used to be like half a year ago - the greatest majority are simply unaware of the technology, and the rest are disappointed.

[lordmick]

People do not want to invest in cryptocurrencies because, firstly, they are not sufficiently aware of them and their advantages. Secondly, investments in cryptocurrencies are highly risky. Thirdly, in order to invest in the cryptocurrency, people need at least to have a great deal about them, the technologies behind them and the work of the detachment. And since many people do not understand all of the above, they do not invest in cryptocurrencies.

[Gaff]

People do not want to invest in cryptocurrencies because, firstly, they are not sufficiently aware of them and their advantages. Secondly, investments in cryptocurrencies are highly risky. Thirdly, in order to invest in the cryptocurrency, people need at least to have a great deal about them, the technologies behind them and the work of the detachment. And since many people do not understand all of the above, they do not invest in cryptocurrencies.

Exactly! However we can't blame these people somehow, because we don't know where they are coming from or what drive them to not invest in cryptocurrency. At some point, I believe that we sometimes have to face our fears to evaluate ourselves of what we can or can't do, attest maturity and responsibility and how we respond on difficult situations. To face risks is to first acknowledge that it exists, upgrade knowledge and be eager to learn new things not only because it's required but take it as an advantage to help you become a learned individual. It's a process, it takes time, we may not be able to convince these people now, but I hope it's never too late for them to realize the worth of bitcoin.

[slashz9]

for me people are not interested in investing in crypto are:
-they do not know about the crypto and the petensi that it owns.
-they do not like digital stuff. or they are more interested in real things.
- they are not interested because they have invested and may lose a lot of money so do not want to invest again.
apart from that all I think the average person who invests in crypto is a young person, whereas older people prefer to invest in stocks or real estate because their prices are more stable, do not experience such fluctuations so quickly.

[george888055]

Despite the unambiguous positive trend of crypto assets growth, they remain one of the most volatile and risky investments. But the more the growth trend is strengthened the more greed wins over caution

[beccer]

I do not know for sure why they do not want to invest in crypto but I think it is because now too much altcoin and many who do a scam that makes the ivestor afraid to lose their money again

[icecream sandwich]

for me there are three reasons why they do not want to invest in crypto
1. they have not known crypto
2. they are not interested
3. they are afraid to invest after losses

That is what is in my mind too they do not know cryptocurrency that much or maybe they do not really know it because there are still some places that the people in their do not know about that. And they are not interested at all and that is those elders because there are not use to that thing but I am not saying that all elders are like that and lastly they afraid that they might get scammed because there are a lot of news saying that this is a scam and a lot of rumors too that are having a misconception about the real value of this.

[tamarindbleu]

Despite the unambiguous positive trend of crypto assets growth, they remain one of the most volatile and risky investments. But the more the growth trend is strengthened the more greed wins over caution

I think there are some reasons why people do not want to invest in crypto, and the first one is the crypto is not yet so popular in this world and and the second one is many people until now are choosing to put there money with banks over bitcoin.

[panjul07]

I do not know for sure why they do not want to invest in crypto but I think it is because now too much altcoin and many who do a scam that makes the ivestor afraid to lose their money again

Those scam coins could be one of the reasons, obviously such bad news brings negative effects to crypto reputation. People may feel too worry to invest in crypto because many scams, many failed projects, or maybe they are too afraid of its unpredictable price that can go down and up significantly.

[onurgozupek]

1. For crypto currencies, blockchain is not a problem it's the solution. You don't need a solution from Blockchain, it's already a solution. But if you wanted to mean that Bitcoin transactions yes, it has to be improved. But there are faster and cheaper transferable alternatives, if you want to invest...

2. Fiat currency is also too easy to join, why do people invest on fiat currencies?

3. This is the way for some people make money. But it doesn't mean that's same for everyone..

4. This is a regulation situation. There are over 1500 crypto currencies which are not controlled by governments but we do trade by depositing fiat currencies which belong to countries. Governments don't know how to regulate exchanges because they "discover" that they can't regulate cryptos...

[KotBas]

Recently, bitkoyn and other crypt currencies soar and fall sharply, and some coins generally depreciate. I just do not want to be at a loss.

[Gaff]

I do not know for sure why they do not want to invest in crypto but I think it is because now too much altcoin and many who do a scam that makes the ivestor afraid to lose their money again

Those scam coins could be one of the reasons, obviously such bad news brings negative effects to crypto reputation. People may feel too worry to invest in crypto because many scams, many failed projects, or maybe they are too afraid of its unpredictable price that can go down and up significantly.

Yes, that's very true, especially when everything sounds new to them and have limited ideas about the product, then it will become hard to win their trust. They may think that everything is a scam and they can't get any benefits from it. I think what we can do is to provide them the basic knowledge to start grasping the idea of cryptocurrency and switching their misconceptions into a positive view.

[JimmieA]

1. Blockchain has a long way to go to be a practical solution
Businesses will not miss the opportunity until the technology demonstrates its scalability. However, this can not be proven in the real world until the companies make the leap and produce a concrete result, not an experiment. Moreover, not all industries will benefit from blockchain, while other industries may face a costly and time-consuming conversion process so they choose blockchain over a network. now available.
2. Too easy to join
The real concern with a low barrier to participation is that there is no way to ensure that this technology will not become obsolete for several months. This is another reason why businesses have not implemented blockchain technology. Why invest in a blockchain while only a few months later will have a better blockchain next generation? Replacing and upgrading can be costly and time consuming.
3. Very few tangible means value of crypto.
One of the biggest misconceptions with digital currency is its mass acceptance of tokens, meaning that they are successful. Unfortunately, using a virtual currency does not necessarily generate revenue or profit for developers behind the token. Furthermore, blockchain technology tends to hold long-term potential values, not the token itself. Therefore, buying into a token that does not actually acquire ownership in the base blockchain does not make sense to the investor.
4. Tax situation is a nightmare
Investing in the crypto algorithm means that you need to track the increase and decrease in capital for each transaction. Even using your token to purchase goods and services will also serve as a taxable service, in line with the Tax Administration's tax guidelines.

Many people only hear about crypto but never know and understand the real value that can be gained from investing in crypto. Also some people think that crypto is something of a virtual value and very high risk.

[ulages]

I feel pitty on those who doesn't gets the real values of btcs and blockchain. The points you mentioned are true but none can make them understand so

[p i e c e]

As I know there aren't exists traders that won't get dissapointed in trading, succesful trader instead of that character always positive and ready to lose

I think the reason is obvious: people are afraid of the market volatility. Look at the situation: how can you invest ( a newbie position) if the coin you choose can fall soon? It is a VERY risky business.