|
palle11
|
 |
June 06, 2018, 07:47:31 AM |
|
Talking apart from bitcoin. I would say the reason people don't invest in cryptos (excluding bitcoin) is simply the fear of being defrauded. People believe in bitcoin investment more than investing in altcoins and this is because investors have gained a measure of confidence in bitcoin and not for altcoin.
So fraud is one major reason in my thinking. Take for instance, since there is lack of regulations, a scammer can't be traced most likely, and the victim would just lick his pain.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
Huy Mai
Newbie
 Offline
Activity: 84
Merit: 0
|
|
June 06, 2018, 09:38:02 AM |
|
I think there are some reasons people do not want to invest in crypto world - Do not have enough money - Do not have enough knowledge and skills - Listen too much from people, but do not really take into crypto world - Do not have friends/groups in crypto world - They are old in mind  |
|
|
|
|
Tiksi_Bay
Newbie
Offline
Activity: 70
Merit: 0
|
|
June 06, 2018, 09:44:14 AM |
|
WhenHub is useful and creative and that is one of the reason why! Because Time and Knowledge are the most valuable things nowadays, and this project can help people to save their time and get needed information quick and easy! The service uses dezentralized apps running on the Eth blockchain to create secure micro- contracts that can be as short as 15 minutes as well as to provide frictionless billing and payment service. No paperwork or billing is involved and I appreciate it. Monetize your time and knowledge with WhenHub!  |
|
|
|
|
Xtez
Member
Offline
Activity: 155
Merit: 13
Arabic Translation. Pm me
|
|
June 06, 2018, 09:55:50 AM |
|
I think the main reasons is:
1. You don't actually get anything for your investment
2. No trust at all in the coin
3. Lack of Knowledge and not interested in getting more
|
---Looking for new Campaign---
|
|
|
|
beezare
|
|
June 06, 2018, 10:05:18 AM |
|
there may be several reasons that make them not want to invest in crypto because crypto currency has a high risk and unstable market with ever-changing prices so they do not believe and afraid of losing money
|
|
|
|
|
Jaybitcoin2018
Newbie
Offline
Activity: 147
Merit: 0
|
|
June 06, 2018, 10:18:04 AM |
|
there may be several reasons that make them not want to invest in crypto because crypto currency has a high risk and unstable market with ever-changing prices so they do not believe and afraid of losing money
Well, i do believe in several reason why they do not invest in crypto but basically they are purely a negative aspect which they receive from the other people. To think the significance is, they never tried to participate to be able to experience on behalf of the allegation that is risky. In the fact most crypto being develop are good payers and profitable coins in the market. |
|
|
|
|
|
Best Dreams
|
|
June 06, 2018, 11:20:07 AM |
|
I believe that the first and the most recent is their fear for unknown people are always fearing the things they did not experience before
It could be the reason that they are afraid of it because they have not such experience about it, bitcoin is really nice and beneficial to use that we can get profit from it, no one should say anything bad about it until they have experience about it, but I have never seen any such person who hates bitcoin because almost everyone in my place knows how profit worthy bitcoin is. |
|
|
|
|
Amanda Safe
Newbie
Offline
Activity: 3
Merit: 0
|
|
June 06, 2018, 01:18:08 PM |
|
I agree, people do not want to risk, because there are big sums at stake, but it's worth looking at those who risked. They are now somewhere in the Maldives and flew there in a private plane. So here, as they say, big chances are never small stakes, honey.
|
|
|
|
|
|
Dheo
|
|
June 06, 2018, 02:21:53 PM |
|
I believe that the first and the most recent is their fear for unknown people are always fearing the things they did not experience before
It could be the reason that they are afraid of it because they have not such experience about it, bitcoin is really nice and beneficial to use that we can get profit from it, no one should say anything bad about it until they have experience about it, but I have never seen any such person who hates bitcoin because almost everyone in my place knows how profit worthy bitcoin is. It's normal to feel afraid when you are a firstimer in crypto especially if you don't have enough knowledge on it because there is a possibility that you will lose your money, but one thing is for sure ,you will avoid losing money if you really know how to handle your emotions. |
|
|
|
|
|
ahmed04
|
|
June 06, 2018, 04:49:39 PM |
|
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 reason is the obscurity. Obscurity frighten people, like a darkness. But only silly people are influenced like this, because the features that you named are absolutely true. |
|
|
|
|
|
vishudda
|
|
June 06, 2018, 07:53:22 PM |
|
It might be because of the less knowledge in Crypto, blockchain technology, Government regulations, Many ICOs are proven as scam, withdrawals to the local currency and the main thing is price volatility of the currency. Though many organisations are adapting Blockchain technology for one or the other way, still it takes time to adapt by the people.
|
|
|
|
jenktosar
Member
Offline
Activity: 145
Merit: 10
|
|
June 06, 2018, 08:26:48 PM |
|
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.
|
|
|
|
|
|
hirngespenst
|
|
June 06, 2018, 08:33:31 PM |
|
People who don't want to invest in the crypto Or people who left the crypto platform are kind of same. They haven't enough knowledge about the cryptocurrency, And, They don't know how the crypto works. I think the main reason of People doesn't want to invest in the crypto for its volatility, They are not interested to be patient, some people think crypto is haram, not good for the society or the religion. Some people left the crypto platform when they lose their profit for the market down.
|
|
|
|
|
Biggapp
|
|
June 06, 2018, 09:04:16 PM |
|
there may be several reasons that make them not want to invest in crypto because crypto currency has a high risk and unstable market with ever-changing prices so they do not believe and afraid of losing money
Well, i do believe in several reason why they do not invest in crypto but basically they are purely a negative aspect which they receive from the other people. To think the significance is, they never tried to participate to be able to experience on behalf of the allegation that is risky. In the fact most crypto being develop are good payers and profitable coins in the market. People actually afraid to invest in Bitcoin and some other crypto currencies because of limited knowledge and limited market exposure. The entry of some fresh guys in the market without good knowledge often lead them to loss and they end up calling the technology scam. Besides, some people simply do not invest due to the risk factor and the uncertainty factor. Other just calls the technology bubble. This is just the lack of knowledge that leads people to such decisions. |
|
|
|
|
silmvic
Newbie
Offline
Activity: 8
Merit: 0
|
|
June 06, 2018, 11:01:39 PM |
|
I feel that the reason why people distaste investing in cryptocurrency is not Lack of Knowledge but Lack of interest in knowledge.....
Because once you understand the ideology behind blockchain technology and what the future holds for it, you have no choice than to get involved ASAP. Aside making profits from it, the power that blockchain is giving back to the people because of the internet is awesome. its decentralized nature is superb and lots more...
|
|
|
|
|
Elmer1
Newbie
Offline
Activity: 109
Merit: 0
|
|
June 06, 2018, 11:28:49 PM |
|
People actually afraid to invest in Bitcoin and some other crypto currencies because of limited knowledge and limited market exposure. They haven't enough knowledge about the cryptocurrency, And, They don't know how the crypto works. They are not interested to be patient, some people think crypto is haram, not good for the society or the religion. Some people left the crypto platform when they lose their profit for the market down.
|
|
|
|
|
|
Birin016
|
|
June 07, 2018, 03:45:01 AM |
|
People who do not want invest in crypto is people who not know about crypto, and they afraid if invest in crypto because they not have knowledge about crypto world. Cryptocurrency is anonimous, so if we loss money from scammer,we can't refund it. Be careful in crypto world. Keep play safe
|
|
|
|
|
anavir
Member
Offline
Activity: 350
Merit: 12
|
|
June 07, 2018, 04:23:30 AM |
|
The reasons why people dont want to invest in crypto maybe because they are afraid if it might be a scam, it is a common knowledge that their a lot who are victimized by a pyramiding and maybe they think crypto are one of those.Other reason is that they are not will inform what benifits you will received in crypto
|
|
|
|
Ekimzjames20
Member
Offline
Activity: 348
Merit: 10
|
|
June 07, 2018, 04:27:38 AM |
|
People who do not want invest in crypto is people who not know about crypto, and they afraid if invest in crypto because they not have knowledge about crypto world. Cryptocurrency is anonimous, so if we loss money from scammer,we can't refund it. Be careful in crypto world. Keep play safe
I think people do not want to invest in crypo because they afraid of lossing, they don't have enough knowledge on it. They don't want to earn big big profits or they are contented if what they have.others they believe thay bitcoin is a scam. |
|
|
|
|
|
lexkiee28
|
|
June 07, 2018, 04:46:16 AM |
|
The reason why people do not invest in crypto:
1.some people, they do not know the money will invest should be back double or triple if they know the market in crypto.
2. More people don't believe in crypto
3.More people afraid to scammers
4. More people have an own option job vs crypto the others choose job it's because of job gave and provide your needs but crypto will give a sustainable great life
|
|
|
|
|
