The reason people do not want to invest in crypto

[valera10]

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.

Still it is possible to finish a couple of reasons. One of the reasons is the fear of the unknown, that is, a lot of people still do not know bitcoin and blockade. Therefore, it is difficult for them to make a decision.

[1Referee]

If we have knowledge about scam and legitimate ICO then there will be no scammers around. We are all able to invest in crypto without hessitating that our money will lose.

While that to a greater extent makes sense, scam and legitimate ICO's aren't always that easy to seperate. It's not that every scam ICO is advertising itself to hand people over crazy bonuses if they invest in the first or second stage. Look at how cloud mining services are passing off their products, while in reality it is actually a legal form of scam, even when they are actually mining; they just rip you off in all possible situations. Another thing is that most ICO's, legit or scam, will eventually end up failing and going down anyway, so losses are inevitable in people's ICO investment journey. In other words, is somewhat of a gamble. Knowledge reduces your overall risk exposure, but it won't prevent you from falling for potential scams. Don't forget that scammers throughout the years became far more creative when it comes to hiding the shady nature of their intent.

[tanghere02]

Most common reason is its stability, most of the cryptos are not that stable so investing on them is really risky. So basically they fear that the money they have invested on these coins would be gone for nothing. And also one of the reasons would be ignorance, that's the most common reason too on why people does not want to invest in cryptocurrencies especially the elderly people.

[erickkyut]

For me, the most major reason why people do not want to invest in crypto is because they lack education about. They thought it is a ponzi scheme and they are afraid to invest and take the risks. I was once like them and I did some research about it and I realized that it is a good investment.

[pawanjain]

The points you noted down are really good and i agree with your point of view. There are also many other reason people do not want to invest in crypto like People are scared and fear to invest in crypto because they have never heard some technology like this ad they have never used any kind of technology similar to this crypto and this is the major reason for people not to invest in crypto. Also because of this big volatile movement, people have already lost a big percentage of the amount and this is the reason they never choose crypto market as a place of investment. They would like to invest in Mutual funds, Stocks, and government bonds rather than the crypto market.

[boty]

it seems that I can deduce from them and your reason is because of the very high risk that investors are afraid of the high risk so they are reluctant to buy or try to have cryptocurrency even though there are some people who invest in this bitcoin or cryptocurrency with large numbers are still scared.

[Cling18]

In addition with reasons noted above, I can notice also that many people have fear because the crypto volatilty and the market unstability, they dont want to risk their real money in such conditions. Some other people just have wrong and fake ideas about Bitcoin and crypto currencies in general and even they think that they are a sort of ponzi scheme.

I agree with you. People nowadays are afraid to take risks knowing that crypto is volatile and unstable. They have the fear of losing their money and they are afraid to experiences losses. I believe that enough education and information about crypto is what they really need. People these days always want permanence and assurance.

[surbanaB]

My opinion, many people do not want to invest in crypto because some reasons:
- Doubt about the market: Most of people who just know the crypto market will think that this market is untrustworthy because everything is digital and no have tangible assets.
- No understand technology Blockchain: only 5% - 10% know technology Blockchain that can change many field of the life in the future so they will not believe the crypto market.
- Fluctuate of the crypto market is too big: many coins in the market fluctuated more than 50% per day, this did everybody think that investing in the market is too risky.

[Traderbtcc]

I think the major barrier is lack of understanding of the technology or network itself. This has been a lingering problem over time. Blockchain as we know it, isn't grandma friendly. It requires some practical knowledge of the technology. That's the real reason why noobs always cry about losses. That's because they don't know what is and what's not.

[Ninellechka]

Crypto is a highly risky investing, you can get a huge profit or stay with nothing. This is one of the main reasons why people don't invest in cryptocurrency. Another reason is that crypto hasn't gained popularity among wide public. Lack of knowledge of what it is and how it all works makes this sphere be not the most attractive sphere for investments.

[billbear]

The second point is quite contradictive, becouse it is yeasy to join, start, and cry becouse you aint taking any profit for months, lol, next step - to fall off

[Kambal2000]

Crypto is a highly risky investing, you can get a huge profit or stay with nothing. This is one of the main reasons why people don't invest in cryptocurrency. Another reason is that crypto hasn't gained popularity among wide public. Lack of knowledge of what it is and how it all works makes this sphere be not the most attractive sphere for investments.

If you are afraid of giving up your money then you cannot really earn here, we should be at least risk taker before entering trading, or else we will just end up to losing our money, so if we are not emotionally and financially ready don't enter into trading.

[squatz1]

It's the fact that you could lose everything in a matter of seconds with a much higher chance then traditional markets. Crypto has an insane amount of volatility, which people don't like when they're looking at their investment accounts -- as people don't like seeing their investment account go down 50 percent in the matter of 15 seconds.

It's a scary wild west out here, don't be mad at people, for not wanting for not wanting to be in such a high risk market. I wouldn't want to be here too if I didn't have disposable income.

[thescimitarr]

Everything comes with their pros and cons. If these are the cons, also consider the pros. And the pros outweigh the cons.

[Bdstar]

One thing we have to be certain that people always try to invest money in a safe platform but they don't have full faith in this blockchain system. since this blockchain system is still a new platform so that people don't invest in cryptocurrency exchange. but with the change of time, people will invest in this trading system in the future.

[market field]

One thing we have to be certain that people always try to invest money in a safe platform but they don't have full faith in this blockchain system. since this blockchain system is still a new platform so that people don't invest in cryptocurrency exchange. but with the change of time, people will invest in this trading system in the future.

What you say is true. They may not trust investing in this market because they do not know much about blockchain. I have many friends who listen to me invest in bitcoin they have protested because they just listen to bitcoin is a virtual coin. But they do not know about blockchain technology. And bitcoin is built on the blockchain platform so I am very confident.

[Pamadar]

One thing we have to be certain that people always try to invest money in a safe platform but they don't have full faith in this blockchain system. since this blockchain system is still a new platform so that people don't invest in cryptocurrency exchange. but with the change of time, people will invest in this trading system in the future.

It will be a matter of time before everyone will understand the full usage of this new system, its really a factor why people still not engage too much with
crypto, they don't have any idea and don't have enough trust that the system will be usable in a long run, a lots of things that really giving them such a hard time invest unless they really put enough interest and learn each things that will give you some edge playing the market with advantages among the traders and investors, we do have a lots of things to consider but one thing is for sure, if you are really serious to this business then invest your time to study deeper.

[loraalbert]

In my view, three reasons they do not want to invest in the crypto and bitcoin markets are:
1. Have no self-confidence with knowledge and understanding of the market, and with that they do not endeavor to master wallet / transaction accounts.
2. The crypto market is uncontrolled and tainted by the rules of legalization.
3. Risk of loss and hacker attacks + impatient.

[stefany101]

There are so many reason why people do not want to invest in cryptocurrencies like : they are afraid to take the risk if they don't know how to trade well, they don't want to be scammed by other people , they don't have enough knowledge when and where to invest money, and they don't know the blockchain technology behind crypto thaqt can help people to have transactions with other people and addresses.

[carelessboy]

many people don,t want to invest in crypto.many reason i look comes to here .i think every one need a good experience for invest crypto.and about crypto currency know ,learn, and any help  best way the forum.but day by day forum just goes to hard that reason i think new investor not comes in forum.and if any people don,t know crypto so why this people invest in it.and crypto very risky but profitable .i just share my thinking.