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Author Topic: The reason people do not want to invest in crypto  (Read 18963 times)
sgenuine
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July 10, 2018, 03:20:36 PM
 #561

For this reason people do not invest in crypto:
1. They don't know what is crypto.
2. They have no faith in it.
3. They afraid to scammers.

People cannot believe that something virtual can be used as the money. I suppose people also are afraid to lose cash if they invest in the cryptocurrencies.
Muzika
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July 10, 2018, 03:37:45 PM
 #562

For this reason people do not invest in crypto:
1. They don't know what is crypto.
2. They have no faith in it.
3. They afraid to scammers.

People cannot believe that something virtual can be used as the money. I suppose people also are afraid to lose cash if they invest in the cryptocurrencies.

that is one of the many reasons how people afraid of cryptocurrency, if you look people still believe in our banking system it is much safer that what they think. Also people afraid  that their money will goes to someone that they cant win it back. And also they dont know how cryptocurrency works that is the main problem I think.
shone08
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July 10, 2018, 10:45:20 PM
 #563

For this reason people do not invest in crypto:
1. They don't know what is crypto.
2. They have no faith in it.
3. They afraid to scammers.

People cannot believe that something virtual can be used as the money. I suppose people also are afraid to lose cash if they invest in the cryptocurrencies.

that is one of the many reasons how people afraid of cryptocurrency, if you look people still believe in our banking system it is much safer that what they think. Also people afraid  that their money will goes to someone that they cant win it back. And also they dont know how cryptocurrency works that is the main problem I think.

People afraid to lose their money with no assurance for a good return or maybe some people scam in the past and now they dont trust anymore the cryptoworld, since theirs a lot of scam people in cryptoworld, and also cryptocurrency is not yet regulated in some country.
GoodLuck2
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July 10, 2018, 10:49:19 PM
 #564

I do not think too many bitcoins know how to use it so many investors are scared and confused and I think many investors who are afraid of bitcoin investments may be due to their ignorance in the field of crypto
You are right it is our own be only because they are lack of knowledge and they don’t know how to use or how to invest in bitcoin, they are actually want to invest but they are in search of the proper way of investing so if we will tell them what they want to know then I am sure soon they will also be interned in bitcoin investment, so just try to educate some of those people who want to learn about bitcoin trading and investing so they will surely love to invest their money in it.
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July 10, 2018, 11:50:49 PM
 #565

In the months from that we can add one extra reason, and it is that people are afraid to invest while the price is falling, because they think that this would cause the loss of their money.
For me the reason of peoole wbo do not want to invest in crypto is they dont want to be scammed here in crypto world and off course many people is lack of knowledge about crypto thats why people dont want to invest.

layoutph
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July 10, 2018, 11:59:53 PM
 #566

Cowards should stay away with crypto. If you cant accept of getting dump in crypto then hedge your money in usd.
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July 11, 2018, 12:05:52 AM
 #567

The crypto market is always volatile by the hour and by day, so I do not think it's a good idea to invest a lot of money in this market, maybe in the future it will rise again, and expect a reasonable price.
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July 11, 2018, 02:05:02 AM
 #568

The reason why people do not want to invest in crypto is
1. They are afraid of investing because they think that they may lose what they invested.
2. They do not know how to make a profit with the crypto.
3. They think that they will not earn with crypto.
4. They think that crypto is not real.
5. They don't believe and open their mind with crypto.
What I have read about the crypto now a days and it is happening to other people.


Personally, mostly people don't want to invest in crypto because they don't understand how blockchain works. They don't want to lose money overnight because of scam and they don't believe money can be easily printed just simply sending money through internet to a company that you've never seen its physical building yet. People should start understanding that we lived in modern era already. Money makes money now, we should throw away our traditional mindset to make money.
jakezyrus00
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July 11, 2018, 03:00:53 AM
 #569

For me, the reason why I don't want to invest in crypto because I think this is not the right time and not the right moment for me to invest. Yeah crypto is a great thing. I mean it is amazing how it is working and how it is designed but I am just gathering some information before I invest.
Daimon88
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July 11, 2018, 07:16:47 AM
 #570

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.
Some people can not invest here is the modern crypto world because they do not know even a single word or information about the crypto market. Those people who are without knowledge do not understand and how to face with problems and to handle situations require knowledge. So this is all little knowledge or no knowledge about the market that is why some people are not investing here.
lelahkenabanned
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July 11, 2018, 09:03:38 AM
 #571

usually new people will never want to invest in the world of cryptocurrency by buying bitcoin because they still do not know how to work bitcoin and do not know how the benefits can be obtained from bitcoin so I think bitcoin education is very important.
Giratina
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July 11, 2018, 07:33:13 PM
 #572

For me the reason why people are do not want to invest in cryptocurrency it
because of the different opinion regarding of their legality in the different country and also because of the gap in technology.
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July 11, 2018, 07:37:58 PM
 #573

For this reason people do not invest in crypto:
1. They don't know what is crypto.
2. They have no faith in it.
3. They afraid to scammers.
But i think that the only reason can be that they do not have good knowledge about bitcoin, i think people still need a good introduction about bitcoin and then it can be expected that they will start taking interest in bitcoin, but i think that it is not so easy to convince people about crypto currencies,  because it require a good knowledge about bitcoin.
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July 12, 2018, 01:08:28 AM
 #574

The volatility of the bitcoin is one of the reason why people have fear to make investment with bitcoins. They know that they can lose their money if they do not have sufficient knowledge about cryptocurrencies.
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July 12, 2018, 01:16:41 AM
 #575

Lack of awareness is one of the reason why people in our society have a hard time to adopt virtual currencies. They do not the uses and function of the virtual currencies and it is the reason why they do not want to make investment with virtual currencies.

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July 14, 2018, 08:08:38 AM
 #576

First, lack of knowledge in cryptocurrency that's why they don't gain interest on investing in crypto. Second, even if they want to they are just too afraid of getting scam and being fooled by abusive people.
Knowledge is one thing. There is risk in investing in crypto currency that is one reason people are afraid of investing in Bitcoin or crypto currency. Besides, the down market often lasts longer and at times people just cannot get enough money for their needs that is why the business is often not preferred.

Price manipulation has created a threat to the invested money and at time one has to hold the portfolio for long to stay away from loosing money.

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Aamir1
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July 14, 2018, 03:54:21 PM
 #577

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.
Yeah you are right, there are many coins which has no credibility and if they do not collect funds they stop their coin and do not pay their investors. All the investments of the people being lost. Hacking is also a problem. These are the problems that people want to be stopped but the controllers do not take any actions about these big problems.
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July 14, 2018, 04:12:52 PM
 #578

For this reason people do not invest in crypto:
1. They don't know what is crypto.
2. They have no faith in it.
3. They afraid to scammers.
I agree with this. In fact, the knowledge, beliefs and habits of different people have different thinking and influences. In particular, most of them tend to invest, trade in the "eye sees, handle". The cryptocurrency provides superior facilities but it takes time to integrate and be close to everyone, every object.
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July 14, 2018, 04:59:50 PM
 #579

First, lack of knowledge in cryptocurrency that's why they don't gain interest on investing in crypto. Second, even if they want to they are just too afraid of getting scam and being fooled by abusive people.
Knowledge is one thing. There is risk in investing in crypto currency that is one reason people are afraid of investing in Bitcoin or crypto currency. Besides, the down market often lasts longer and at times people just cannot get enough money for their needs that is why the business is often not preferred.

Price manipulation has created a threat to the invested money and at time one has to hold the portfolio for long to stay away from loosing money.
if you just going on a battle with nothing like you dont know anything the result are not good just like here you have to be aware on what you can be able to face on so when you also have to take here you need to study the market or everything here for you to be aware.

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July 17, 2018, 06:43:33 AM
 #580

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.
No it is not the Ponzi scheme at all. There are people who simply do not understand the technology. The major reason why people do not invest in cryptocurrency is the lack of knowledge as a result of which they cannot see the perks and benefits they could get.

The uncertainty in the business is one among many reasons that lowers the demand.  Also the government regulations and the tax decrease the demand for the crypto. These are the reasons people do not want to invest in crypto.
People think that they will get nothing and losing chances are more here so I will say that yes chances of losing are more here if you do not have knowledge of market which will directly kick out with loss. Now if you are serious and want to make money then you must learn the basic market and the strategic knowledge so that you may be able to make huge profit here using your knowledge to make perfect decisions.
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