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Author Topic: The reason people do not want to invest in crypto  (Read 18964 times)
bacta123
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June 07, 2018, 04:46:36 AM
 #381

mục đích chính khi tham gia thị trường của tôi là đem về lợi nhuận
Bacchusthestripper
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June 07, 2018, 04:48:57 AM
 #382

They are not aware that crypto exist. Just like me, I just heard this from a friend, got interested, I googled,  and now I am here, joining every possible forum to learn.  Grin
heninur
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June 07, 2018, 05:16:33 AM
 #383

I think the basic reason someone does not want to invest in bitcoin is they are afraid of losing their money because they have to spend a lot of money to buy a bitcoin that is very expensive.
other than that online work always gives bad impression on everyone, because a lot of online work is harmful especially for people who do not understand crypto and bitcoin.

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June 07, 2018, 05:32:56 AM
 #384

it seems that the reason people do not want to invest in the world of cryptocurrency seems to be because they have not figured out how to get a profit when investing in cryptocurrency so they need to educate about cryptocurrency first to be able to make investors feel confident.
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June 07, 2018, 09:28:53 AM
 #385

Thats for sure a reason why I'd think a good number of cryptoinvestors are actually people on the younger side, younger want to risk it more
sheryl26
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June 07, 2018, 11:11:25 AM
 #386

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.

All you have mention is great I agree in that and I just wanted to say that most of the people who are afraid to invest in cryptocurrency is those people who have been experience a scam they have trust issue now because they have been fooled before and they are avoiding to so the same mistakes again if course. I can't blame them because there are a lot of scams out there but I just also wanter to say that if you just have a spare money why dont just invest a little just give it a shot i am sure you are not gpnna regret investing.
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June 07, 2018, 12:38:05 PM
 #387

the most important reason why they do not want to invest in crypto is probably the risk, they are not prepared for the risks that might make them lose money and they only hear a little information about investing in crypto
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June 07, 2018, 01:43:22 PM
 #388

maybe because bitcoin is a digital money that does not look real in the real world, maybe they know bitcoin is only on the internet and can not transaksikan into the currency. this is the experience I have ever experienced when introducing bitcoin to investors.

Some people do not invest in crypto because of the volatility of the price. They are afraid that they will lose their money if the value of bitcoin decreases. They are afraid of losses.

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GeniusAko
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June 07, 2018, 01:47:32 PM
 #389

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 why some people do not want to make investment with cryptocurrencies is because they do not fully understand what it is. Lack of knowledge is still the reason why they are afraid to put their money on the cryptocurrency market.
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June 07, 2018, 02:30:51 PM
 #390

Tell you what there is hardly few people who really cares about the blockchain being developed and the dependency of the crypto projects on it. They just overlook whole thing and get attracted to it for the purpose of profits. I mean if you show them the profits then boom there you go, you will tons of people as investors in the bitcoin or crypto currency as whole. Believe me thats what always happens whenever the good and bad news pops in. Its about the price and not the developments. Ask yourself, why are you here, to make profits or to take the daily updates on how blockchain is getting developed?

Just a thought though!
in 2008 , you can easily get a bitcoin . almost no cost . but its price is 20k in December 2017 . no more crazy than it is . this may be the reason why many people are here . to advertise it , more new people will enter .
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June 07, 2018, 06:17:56 PM
 #391

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... 
Just people want to immediately make a lot of money. They want to buy today the cryptocurrency, and in a few days to sell it 3-5 times more expensive. We must have patience, and then there will be success. This is the main rule of investing.

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June 07, 2018, 08:32:31 PM
 #392

maybe I can deduce from the statement that you make it seems the main reason why investors are afraid to invest bitcoin is because they do not know too much about bitcoin.
Well i think they know already about bitcoin. But maybe they didn't want a long term. People needs to habe more patience on crypto feild. So then if you wanted to earn in a verry short term crypto currency is maybe not for you. I think of we have patience we have also a future in crypto currency feild but if we don't have enoughf patience. We can also loss on this feild.
People are investing in crypto market with great extent and that is why they values of crypto coins are very high. The market these days is low and people want to get benefit of this low market as to get coins on low price and in large quantity. Some people do not invest because they have no knowledge of its market and the advantages it has for people that is why people do not invest for which Bitcoin needs promotions.

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June 07, 2018, 11:31:04 PM
 #393

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.
They are lack of knowledge about it, those who don’t have knowledge thinks about lose only, as negative thinker can never get positive output, till now I have never seen any lose in bitcoin but some people does think like this, I am not one of them thanks GOD, I invest in bitcoin and will earn a lot of profit same as I won high amount of profit last year and will get profit this year too, so just learn about it and focus on your goal I assure them you won’t lose anything.
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June 09, 2018, 03:27:09 PM
 #394

I also was once afraid to invest in crypto, one reason is because I am afraid of losing my money, because in crypto there is no guarantee to secure the money I invest, even the risk we invest in crypto is losing money.
then the other reason is because I have not known more about crypto, so I feel scared. now I've known more crypto so I'm not afraid anymore to invest in crypto.

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June 09, 2018, 05:16:50 PM
 #395

I would like to single out several reasons why people don't invest in cryptocurrency. The first is that they don't know anything about this and do not trust them. The second reason is still too risky investment
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June 10, 2018, 06:20:06 PM
 #396

should be because the market is still without regulation and the market is still regard as very new, while the world was relying on the service and needs to do any transaction with a guide from the third party, so the crypto world has made them feel less secure.
Like how teenagers are easily adapting the change in the digital world while the olders take more time to accept this behaviour.

Most of those people that do not want to invest in the cryptocurrency are simply scared by its high volatility. They are afraid to lose their money and never get the profits. They cannot take the market fluctuations as a norm.
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June 10, 2018, 06:38:39 PM
 #397

should be because the market is still without regulation and the market is still regard as very new, while the world was relying on the service and needs to do any transaction with a guide from the third party, so the crypto world has made them feel less secure.
Like how teenagers are easily adapting the change in the digital world while the olders take more time to accept this behaviour.

Most of those people that do not want to invest in the cryptocurrency are simply scared by its high volatility. They are afraid to lose their money and never get the profits. They cannot take the market fluctuations as a norm.
many of us have already managed to earn good money thanks to the crypto currency and we know the real opportunities that the crypto currency gives. But for beginners, the crypto currency is a financial pyramid that can collapse at any time. Everyone is afraid of losing their money, which he earned later and with blood. No wonder they say that any activity with the help of a crypto currency carries a certain risk.
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June 11, 2018, 11:26:02 AM
 #398

I'm totally not surprised that so many people in cryptomarket expects them to avoid taxes from the country governments, while they were really againist of all these bans that happens
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June 11, 2018, 11:37:53 AM
 #399

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 you mention before mean that they don't understand and about cryptocurrency, and they don't want to take the risk. If the know about cryptocurrency what is it, maybe they will be change their minds. If you don't know about it so learn it, you will get all answers about all your questions about cryptocurrency.

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June 11, 2018, 11:42:56 AM
 #400

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

For me, the reason why people do not want to invest in bitcoin is the volatility of the price of crypto. The price is not stable. The price changes at anytime. And they do not want to take the risk to prevent losses.
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