The reason people do not want to invest in crypto

[rjsmith]

Many reason people do not want to invest in crypto for the main reason.they have don't about idea from crypto.they are not interested in crypto.they do not have enough knowledge.

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[jonaire99]

Majority of the people has no knowledge about cryptocurrencies and others don't believe on it because unlike the fiat or cash, it's intangible. Most of them prefer currency that seen or touch, you can't easily persuade to believe in virtual coins. They need to be educated first and provide them all the information they should know.

[GawirZZ]

probably in some crypto countries not yet known and probably because crypto virtual currency that is not visible and complicated enough to be made in the currency.

[Valzzz005]

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.

I just wanted to say that there are some people who have been a vuctim in a scam that is why they are afraid to try domething new again because of that instance something like a traumatizing moment that keep them away in that thing so.we cannot blame them. And there are also some investment scam that using the word or the name pf a cryptocurrency as their name that are ruining the image of the cryptocurrency.

[tatnM]

Now many have heard about bitcoin and the crypt, but people still do not know enough about the opportunities that blockchain technology will bring to our world. Now a lot of interesting projects are just starting to work and after that I think we will get very big popularity and crypt growth!

[Activitycoin]

probably in some crypto countries not yet known and probably because crypto virtual currency that is not visible and complicated enough to be made in the currency.

Well bitcoin and all other crypto currency are invisible but we can feel and use it as we are using fiat and paper money, we can search about it and we can go to marking for shopping having crypt currency in our wallet instead of our pocket, so it is not a big deal they are just lack of knowledge and if we will encourage and educate them about it then for user they will love to invest and trade in crypto currency.

[Barrueco]

There are many different types of investment instruments according to the risk profile of investors.
Some of them are don't like risks and prefer bank interests
Some of them are more favorable with the risks and prefer some markets or forex
Some of them are like very much risks and try crypto trade

[systematicdeception]

Risks which may result in losing time and money prevent in investments. However, many people want to try and trade. This depends on a person because not every person can become a trader and this is normal

[usama98]

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 are lesser known to cryptoworld because it is in a growing age and people are afraid of losing their money and time and they do not want to take risks.

[imking]

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.

The main reason some people are not getting interested in the investment because they are too scared to lose their money on it. They think that investment is not a good source of funds.  Especially these days there are allot investment scam. We will not blame them if they don’t want to join or enter on the investment. The last reason why they not interesting on it they lack knowledge how cryptocurrency works.

[wumBowo]

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.

The main reason some people are not getting interested in the investment because they are too scared to lose their money on it. They think that investment is not a good source of funds.  Especially these days there are allot investment scam. We will not blame them if they don’t want to join or enter on the investment. The last reason why they not interesting on it they lack knowledge how cryptocurrency works.

even though they have a knowledge on how cryptocurrency works, there's still main barrier on them to prevent that you already mentioned above.(like what happened to me)

[Pokemoon]

By far most of the all inclusive community now. In the event that you say venture, first fly at the forefront of their thoughts. People are not open to start new things like computerized cash. They need no doubt, and they have identified with that exercises.

[mauriek]

probably in some crypto countries not yet known and probably because crypto virtual currency that is not visible and complicated enough to be made in the currency.

Well bitcoin and all other crypto currency are invisible but we can feel and use it as we are using fiat and paper money, we can search about it and we can go to marking for shopping having crypt currency in our wallet instead of our pocket, so it is not a big deal they are just lack of knowledge and if we will encourage and educate them about it then for user they will love to invest and trade in crypto currency.

They do not know if this Crypto (Bitcoin) can make them earn a lot of money, if they know I am sure
they would not hate Bitcoin, investment with Bitcoin can make our money grow in the future.

[ScroodjMoney]

Most importantly, they do not believe that digital money can profit them. And they fear that they will disappear completely in this world so their capital will be lost.

[BitcoinCommodor]

Many reason people do not want to invest in crypto for the main reason.they have don't about idea from crypto.they are not interested in crypto.they do not have enough knowledge.

Every single person becomes interested in bitcoins and other crypto currencies once he knows about them. I have been in this scenario practically. There were some friends of mine to whom once I briefed about bitcoins. They didn’t know bitcoins before and just for my briefing, they become interested and started their lives in there. And this happens with so many other people as well.

[ace4549]

For me the most appropriate reason why people do not want to invest in cryptocurrency because they think that this business is belong to the scam business even if they not. In short because of different perspectives and generation we raise they have a different opinion in terms of investing our money.

[doc_pound]

Though there are really many reasonable points that deter people from investing in crypto, the reward is very high so it is not crazy to invest some money in crypto.

[Bitexpert2017]

I think why people afraid to invest in crypto that is because the news they heard that a lot of investment site Is phishing and many of us got scammed. Thats the primary reason why they don't invest with crypto.

[susuberuang]

I think they probably just do not really understand what it means to invest in the world of cryptocurrency like bitcoin is still much to understand, there should be education for some investors to understand the benefits when investing in bitcoin.

[shaadsufi]

One more reason is that they are scared of losing because losing money in crypto is also very easy if you do not have much experience in crypto trading you can easily lose money here because the market is very unpredictable here and for newbies, it is very hard to trade here.