The reason people do not want to invest in crypto

[renz0]

Main reason is they do not have any idea what is crypto as a digital currency, how to earn those and knowing that it is a form of investment which involves our fiat money as our capital that makes them more not to get interested at all. Like me for an instance, at first I wasn't interested when my friend first told me about cryptocurrency and this bitcoin thing and he said that without using our fiat money we still can invest into it by just joining signature campaign and all we have to do is just posting and so on.Then I told him how could one can earn money by just posting alone?Now I realized it is really true and worth investing.

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[Xising]

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. I think that this is actually the biggest reason why most people don't want to invest in cryptocurrency; it's actually so difficult to rely on something that can eat up your invest like a snap. Although this is a legit market, there are still lost of doubts people put on it, thus, it somehow puts fears in the hearts of many to totally embrace and dive in the market. Especially if you are talking about using money that is assigned for more important things or even as savings. I think people would begin to truly invest in this market will come when it will be more stable.

[Wylie330]

Because they think that it is not possible. Just like what people think on the Internet. The internet before wasn't supported by many. But look at the progress of the Internet today. We don't just use it for personal use. Businesses are booming because of the Internet. That's what will happen in companies that will embrace Blockchain technology. Companies will be more improved.

[ricardobs]

Me, my personal reason is I know to myself that I can't but it is just for now. Coz I am gathering experiences, information, strategies and techniques before I enter the world of trading. When the day comes that I can do trading, maybe it will change a lot for me.

There is a group of investors in economics who do not prefer the current risk associated to their investment as long as they see the future money. This is something that incur them great profits because they really have that margin to earn due to the fact that only few people do that.

But most of the people who so not want to invest in crypt are those who do not understand the future benefits and also those who are afraid to loose their money.

[iMark]

Crypto currency is a completely high-risk asset class. It would be very dangerous to compare them with traditional investments. Such digital currencies are not currencies, but rather digital goods, where prices react sharply to rumors and changes in the demand and preferences of investors.

Because many people still can not take that risk, people still choose gold, silver, real estate, etc for their investment, because of the small risk, only a few groups of people who dare to take the risk to get big profits, the risk is the main reason why people are less interested in investing in bitcoin

[longrhm96]

I assume the majority are fearful of making an investment cash in crypto due to the reality that they do not want to lose cash. Crypto is the foreign money of the future and now charge is fluctuating lots, it is not possible to avoid dangers

[recklessMe]

IMO, the main reason is exactly lack of knowledge. All the other reasons are mostly less significant. Some people may also be afraid of losing (I mean everything), but I think that this fear may be easily prevented by refusing to invest more than you can afford to lose and being careful.

[LooBaao]

It is because Crypto gives them so much risk that they may be one of the most risky markets for everyone, so they are afraid to invest.

[posi]

Crypto currency is a completely high-risk asset class. It would be very dangerous to compare them with traditional investments. Such digital currencies are not currencies, but rather digital goods, where prices react sharply to rumors and changes in the demand and preferences of investors.

Because many people still can not take that risk, people still choose gold, silver, real estate, etc for their investment, because of the small risk, only a few groups of people who dare to take the risk to get big profits, the risk is the main reason why people are less interested in investing in bitcoin

Well, those people are not interested in crypto currency investment not because of the risk involve. They are not interested because of the senior regulators and the government negativity claim which was the samething causing some FUD. We both know that the government know how to force rule over something and crypto currency was the only thing they never achieve that upon.

[Bearks71]

I sense that the purpose why people distaste investing in cryptocurrency isn't always lack of knowledge but lack of interest in information..... because once you understand the ideology in the back of blockchain era and what the destiny holds for it, you haven't any choice than to get worried ASAP. aside making income from it, the electricity that blockchain is giving returned to the people because of the net is notable. its decentralized nature is top notch and masses greater...

[Wyne]

For me, the following are the reasons why people do not want to invest in crypto
1.  They are contented with the use of flat money as a mode of transaction and investment and they are not open for a new concept of money.
2.  They are too young or too old to understand cryptocurrency.
3.  They are afraid to engage in cryptocurrency because they experience to be scammed before.
4.  They do not have resources to engage in cryptocurrency.
5.  They do not agree and believe with the cryptocurrency nature of volatility.
6.  They are not a risk taker.
7.  They do not have proper understanding on cryptocurrency and blockchain technology.

[Lazada]

The main reason for someone not to invest in the crypto world is they feel scared. Though the fact that crypto can give them success. Until now a lot of traders who can take advantage of Crypto price instability. That's actually a very interesting thing because then we have the opportunity to gain a far greater amount of profits. But all back again to a trust, let's believe and believe that digital currency is a best choice in making investments.

[candy69]

I think that plenty of people are still ignorant about cryptocurrency and some people don't want to invest, as it is a risky investment, so they don't want to lose money.

[ArthurY]

Many people thinks that that's a Ponzi!

[Sircoss]

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.

Yes, the same true for my mates, they didn't trust me till the very moment when I bring my earned here money to them, and swing it before their eyes, only then they begin to trust and crypto.

[Bosx1ne]

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.

One of the reason why they are afraid to make investment with cryptocurrencies is because they thought it is scam. There are many news about the people who got scam because of the greedy person who doing bad way for them to earn money.

[Rodeo02]

I think that plenty of people are still ignorant about cryptocurrency and some people don't want to invest, as it is a risky investment, so they don't want to lose money.

Those who only have the guts to try will have a chance to discover and know more scopes in crypto but to those who already judge it might lose some opportunities, it will take time before crypto shows more legitimacy ar works when scam projects were over.

well in the end when this crypto currency made to make some name on this industry worldwide and they may knew how profitable is this one they may regret for and choose to know what is bitcoin but the opportunity are far for them on that point.

[BTcoint]

Patience is the secret hidden key for success specially in trading unfortunately sometimes patience can result and bring appositive results without continuous knowledge about coins you are invested in .

[s2sallbygrace]

People are afraid of being scam by greedy scammers and afraid to lose their money. We all know that there are lots of news regarding bitcoin being use as a Ponzi scam, and because of that people lost interest on investing in crypto.

[tukangsiomay]

People are afraid of being scam by greedy scammers and afraid to lose their money. We all know that there are lots of news regarding bitcoin being use as a Ponzi scam, and because of that people lost interest on investing in crypto.

yes many people are afraid of being scam, many exhanger, ICO, Wallet Potentially will be scam become investor afraid invest in crypto.
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