The reason people do not want to invest in crypto

[KenChanYu]

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

There are various reasons why people prefer not to invest in cryptocurrency. Some of them think that cryptocurrency is a scam, or maybe due to false news, it could also be due to misinterpretation of its usability, lack of knowledge on how it functions and a lot more. The risks and volatility can also be another considerable factor why people fear to invest.

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[doomloop]

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.

Some times people lose money in crypto and this thing makes them pessimistic. This pessimism spread wide and long and as a result almost all the people around that person then do not want to invest in crypto. This is one reason. Another reason in that many countries have banned crypto for many reasons and those who support this decision are also among the people who do not like to invest in crypto. Some think it is not secure .

[ov3rflow9x]

And Like the reason for government to ban bitcoin, is that they think their citizens would use it as a tunnel to avoid all these monthly taxes

[SkustaClee]

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.

If they only fully understand what is bitcoin, I am sure that they will also make investment. Do not mind the people who doesn't believe to what is bitcoin because I am sure that lack of knowledge is the main reason why they hate bitcoin.

[suraza21]

The reason people do not want to invest in crypto is that the price is not stable as well as popularity or the value of it is high but not popular to make people afraid to invest in the crypto

[Anandhi]

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

There are various reasons why people prefer not to invest in cryptocurrency. Some of them think that cryptocurrency is a scam, or maybe due to false news, it could also be due to misinterpretation of its usability, lack of knowledge on how it functions and a lot more. The risks and volatility can also be another considerable factor why people fear to invest.

True there are many reasons why some people afraid to invest in cryptocurrency. Volatility and bad news especially when deal with government policy may the main reason why people afraid to invest.

[nyerok]

it seems that because many people who have not too much to know what bitcoin it is so make a lot of people who are afraid to invest and buy cryptocurrency.

[otundebis]

Fear is the primary reason.  People have been taught over the year to play it safe,  never to live on the hedge and to always go for mutual funds investment that has very low risk and to be content with little!

[ovcijisir]

Fear is the primary reason.  People have been taught over the year to play it safe,  never to live on the hedge and to always go for mutual funds investment that has very low risk and to be content with little!

My guess it is fear but fear of unknown and fear of new technology. Maybe they don't know how to use it and how it works and they are afraid to lose everything. They have to have belief that it is safe to use and they won't lose their money.

[kulitmanggis]

The main reason most people do not want to invest in the world of cryptocurrency is because it may lack the education and knowledge to gain advantage about cryptocurrency.

[Rakesh_alejandro]

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.

I think what always happens whenever good and bad news comes up. It's about price and not development. Ask yourself, why are you here, to earn a profit or to take daily updates about how blockchain evolves?
hardly anyone cares deeply about the blockchain being developed and the dependency of crypto projects in it. They just ignore everything and are attracted to it for profit purposes. I mean if you show them the profits then boom there you go, you will tons of people as investors in bitcoin or the whole crypto currency.

[valentine401]

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.

Those terminologies are good but the first thing to deal with is the fear of losing profit, the reason why most of the people in the community are avoid cryptocurrency is because they thought it was a scam but if they knew the truth and how the market trading works then everyone will join this industry.

[googie4]

From what I've seen it's a complete lack of understanding. Many of the people that I know cannot comprehend how it can be profitable. You can show them proof that this person made this much money, but it doesn't compute.

[Alfiehob]

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.

If you understand blockchain technology which is not easy to understand then you will better know what is crypto and which is the best coin to invest in. then there will no fear in your heart fo losing your money. No doubt that there are more than 1000 crypto in the market and many of them are not authentic and they have looted people. That’s why people do not trust crypto.

[startselect]

The people that I've talked about crypto with just don't trusted. They say things like, "You cannot just create money out of thin air, if that was true everybody would be doing it." They cannot understand how it's not that simple.

[nikolas8667]

The reason people do not want to invest in the cryptocurrency market is because they read bad news in the media, bad rumors about the market ... But in fact the market is gradually flourishing in most developed countries. Many people do not really have knowledge of the cryptocurrency market, so they do not want to invest in the market.

[cergikom]

I think most people are afraid of investing money in crypto due to the fact that they don't want to lose money. Crypto is the currency of the future and now price is fluctuating much, it is impossible to avoid risks

[karthcrypt]

Some of the reason for apathy in cryptocurrency involvement has to do with dealing with unknown and laziness that come with having to make your own money decision by yourself!  People have been trained to rely on government and their employers for financial security and it's hard for them to stand by themselves now!

[Katfilka]

I think most people are afraid of investing money in crypto due to the fact that they don't want to lose money. Crypto is the currency of the future and now price is fluctuating much, it is impossible to avoid risks

they are accustomed to investing with the official market, and crypto is too risky for them because it has not become a legitimate means of payment, the fluctuations that occur in cripto are more interesting than forex because it can generate more profits, but it is reasonable that many people just want to play on the trading platform which is recognized by the government.

[GawirZZ]

in my opinion probably because the crypto own virtual money form and not telihst nysts like currency and crypto also still many who do not know in some world