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Author Topic: The reason people do not want to invest in crypto  (Read 18963 times)
loveinberlin
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June 20, 2018, 10:50:45 AM
 #441

Even using bitcoins solely as an investment can turn bad. You do not know what the money came to you for: it could be a criminal money laundered. Special services can accuse you of illegal banking activities, harboring taxes, financing of terrorism. maybe these are reasons for some people
Surge_Dev
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June 20, 2018, 11:36:36 AM
 #442

One of the significant factors limiting the conversion of digital coins into a global standard is the lack of physical implementation. For this reason, representatives of the trade sector treated them with distrust. However, there have been significant improvements in recent years
coffigayo
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June 20, 2018, 01:44:52 PM
 #443

Yes in addition to the above you can see that the uncertainty of Cryptocurrancy and market instability, they do not want to risk their real money in such conditions. Some others have only false and wrong ideas about Bitcoin and Cryptocurrancy currencies in general and even think they are a kind of ponzi scheme. For you, only those who have a vision associated with Bitcoin are involved because it's hard to imagine a world where we are less dependent on fiat. As far as you know, you must be a visionary to see a future like this.
Charloz24
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June 20, 2018, 02:25:56 PM
 #444

I think that's main reason it's people-investors didn't know all technologies about cryptocurrency and blockchain and prefer to old school bussiness
s2sallbygrace
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June 20, 2018, 03:32:04 PM
 #445

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

I agree with you, most people are afraid to invest in Crypto and now many ICO projects are scam so investors are losing their money because they are wrong in choosing the projects they invest.
That's true, some people are afraid to invest and afraid to get scam by greedy people. That is one of many reasons why they lost interest in crypto. Nowadays, we all know that there are many scammers online so people are being scared to gamble and lose their money.

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June 20, 2018, 04:01:07 PM
 #446

Lack of knowledge about crypto is one reason people don't want to invest in it. Some people also see it very risky due to its volatile market. And also the origin is not clear to them when it comes to bitcoin. They also do not see crypto as a currency at all. These i think are some of the reasons why people don't invest in crypto.

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Topaz72
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June 20, 2018, 08:55:30 PM
 #447

1. They do not understand clearly about bitcoin and blockchain
2. They feel so dangerous investment
3. They just only bitcoin and crypto through internet news, it is not enough for investment any thing.
4. The price bitcoin is so high although it can not use in normal life
Yes they are totally doing wrong because bitcoin is really a safe and secure investments and only those are afraid of it who are not aware of the bitcoin features properly but those who know the worth and power will never find it risky, bitcoin is risky for panic sellers and those who are greedy by nature so that they sell it for panic to get quicker and higher profit.
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June 22, 2018, 08:11:09 AM
 #448

for us the main reason they are, will be afraid of losing their money, so for those who are afraid of investing dibitcoin, I think bitcoin is also very good that we use to get many advantages, and also very famous bitcoin around the world, so we really believe that bitcoin is a bright future.
Once you have some good knowledge in the mind, you would never fear investing in Bitcoin. Go for it. The business can never go with fear. Also the current market is the one in which you can own some goon amount of crypto on low cost. Having a diverse portfolio in hand, you would be well off in the end when the market recovers. It is not about how much you invest, it is about how efficiently you play the game.
billknight
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June 22, 2018, 08:13:34 AM
 #449

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 think the most important reason is that the government bans bitcoins in some countries. All newcomers worry that they will be jailed when they invest in cryptocurrency
Mundo12
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June 22, 2018, 10:36:41 AM
 #450

I think most people are in the Crypto market without much regard for the blockchain or the use of Bitcoin. They are interested in how easily this market can benefit them.
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June 22, 2018, 06:42:27 PM
 #451

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 think the most important reason is that the government bans bitcoins in some countries. All newcomers worry that they will be jailed when they invest in cryptocurrency

Yes now is the best time to buy people who are afraid of investing in bitcoin is because they think it is scam which is just their won thinking nothing else, well I think we should not think negative bitcoin is best investment, there is high scope of bitcoin, people are lack of knowledge so if they will increase their knowledge about crypto so they will earn high amount of profit at the end, be positive so positive will come to you.
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June 27, 2018, 10:02:36 AM
 #452

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.

People are afraid to lose the money when the market is falling. They do not believe that their coins will grow again and they do not want to buy the cryptocurrency.
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June 27, 2018, 10:07:09 AM
 #453

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.

People are afraid to lose the money when the market is falling. They do not believe that their coins will grow again and they do not want to buy the cryptocurrency.
Fear and doubts are sending them away, without any research they just judged the situations according to  their knowledge, it seems that newbies are just here because of someone who give them information that they can easy gain profits when they invest with any crypto only to find out that the timing is not right and their investment start to lose.

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June 27, 2018, 11:50:25 AM
 #454

One of the reason is they are afraid being scammed because there are some people taking advantage of crypto they introduced to those new the ponzi schemes

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June 27, 2018, 12:15:20 PM
 #455

Lack of knowledge about crypto is one reason people don't want to invest in it. Some people also see it very risky due to its volatile market. And also the origin is not clear to them when it comes to bitcoin. They also do not see crypto as a currency at all. These i think are some of the reasons why people don't invest in crypto.

Lack of information about government policy on crypto currency can also be the reason why people are reluctant to invest. In my country for example, the government prohibits the use of crypto as a means of payment but the government does not prohibit the use of crypto as an asset. And unfortunately, due to the lack of information, most people think that crypto currency is illegal and can cause problems later on.

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June 27, 2018, 01:15:24 PM
 #456

I think the biggest reason that people do not want to invest in crypto is the big price fluctuation continuously. This means that they are likely to suffer a loss as soon as they have completed their purchase. It is such a big risk that the basic reason prevent them to invest in crypto. In addition, some people think that crypto does not bring real value so they do not invest. Even though it's a false thought, it's a pretty big barrier to people who do not know or are not understanded throughtly  about crypto.





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June 27, 2018, 02:17:35 PM
 #457

I think the biggest reason that people do not want to invest in crypto is the big price fluctuation continuously. This means that they are likely to suffer a loss as soon as they have completed their purchase. It is such a big risk that the basic reason prevent them to invest in crypto. In addition, some people think that crypto does not bring real value so they do not invest. Even though it's a false thought, it's a pretty big barrier to people who do not know or are not understanded throughtly  about crypto.
I don't have any idea why there's people who hate bitcoin, who dp not want to invest in bitcoin but there is only one thing I know and that is they are lack of knowledge about cryptocurrencies and about trading. They are lack of idea what will trading and investment in Cryptocurrency may bring to their life kn future.

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June 27, 2018, 02:17:55 PM
 #458

The reason is because the regulations. some countries consider bitcoin as an illegal investment. So the people afraid to invest in bitcoin because bitcoin has not yet legal and they afraid when they invest in illegal investment they will loss their money. But i think sooner or later all countries will accept and legalize bitcoin.

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June 27, 2018, 03:00:59 PM
 #459

Several reasons may account for why many people refuse to join the crypto community. The market is really unstable which actually scare people away. Statistics shows that very few people can take risk in their life and the crypto community lacks such individuals. Everyone start to panic when the market goes down suddenly. Secondly, there are too many projects these day and you cant really determine the scam projects from the real ones. I have analyzed and realized many project have no aim and are misusing the blockchain technology for their own gains. That really scare investors.
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June 27, 2018, 03:20:49 PM
 #460

One of the reason is they are afraid being scammed because there are some people taking advantage of crypto they introduced to those new the ponzi schemes
I think the reason why some people do not want to invest in crypto is because the prices of all crypto is not stable and many people are afraid to lose a huge amount of money, and off course many people dont want to invest because the market is really unpredictable.

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