ozing
Jr. Member
Offline
Activity: 135
Merit: 4
You become what you think.
|
|
November 18, 2018, 09:16:04 AM |
|
Bitcoin is currently dropping in price and it has totally affected the overall blockchain sector, the current situation seem to be worse as minners are now finding it hard to mine ethereum with GPU https://all-stocks.net/report-mining-ethereum-with-gpu-becomes-unprofitable/, i just hope the sector comes back with a full force in 2019.
|
INVALID BBCODE: close of unopened tag in table (1)
|
|
|
CASTIEL05
Member
Offline
Activity: 560
Merit: 13
|
|
November 18, 2018, 11:17:32 AM |
|
Another thing that people quit in investing with cryptocurrency. That is large percentage of scam projects. People already lose their faith in cryptocurrency and ICOs. Even I and my family that want to invest in this year, have lose our excitement in cryptocurrency. Yet, cryptocurrency is profitable but it has a lot of risk that we need to suffer.
|
|
|
|
Easzjohn
Copper Member
Newbie
Offline
Activity: 90
Merit: 0
|
|
November 18, 2018, 03:51:56 PM |
|
For more I guess its because crypto is still struggling with government regulations. Once government restrictions is lifted many will dive into crypto
|
|
|
|
WatchMaker
Full Member
Offline
Activity: 518
Merit: 104
PUFFY FINANCE
|
|
November 18, 2018, 04:07:35 PM |
|
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.
This. That's why I think a good number of cryptocurrency investors are actually people on the younger side, in contrast to the older adults that prefer to invest their money in more stable investments like stocks and real estate; another reason is that the older crowd probably couldn't understand technology these days. Well, I think it is also too risky to invest in cryptocurrency. People should invest in cryptocurrency what they can afford to lose. Making serious investment in cryptocurrency might sometimes be a dangerous thing.
|
|
|
|
Arthurian60
Newbie
Offline
Activity: 234
Merit: 0
|
|
November 18, 2018, 04:51:21 PM |
|
Thee are so many reasons peoe do not want to invest in Crypto now. Most of them don't know what Crypto is. No one has volunteer to explain to them what it means. Also some are scared to invest because they feared they might lost their money in it.
|
|
|
|
yanesna3
|
|
November 20, 2018, 03:51:28 PM |
|
Perhaps it is feared that Bitcoin would be banned from goverments. And fear of the rapid price fluctuation of the market. Besides people are afraid of Bitcoin unmanaged and difficult to control the situation which can make psychological factors spread.
This kind of fear will hardly stop people from investing in Bitcoin and buying their favorite cryptocurrencies. Simply, many guys now do not trust the market as they see the big dump.
|
|
|
|
asyakashi
Sr. Member
Offline
Activity: 2002
Merit: 256
DGbet.fun - Crypto Sportsbook
|
|
November 20, 2018, 11:08:30 PM |
|
Perhaps it is feared that Bitcoin would be banned from goverments. And fear of the rapid price fluctuation of the market. Besides people are afraid of Bitcoin unmanaged and difficult to control the situation which can make psychological factors spread.
This kind of fear will hardly stop people from investing in Bitcoin and buying their favorite cryptocurrencies. Simply, many guys now do not trust the market as they see the big dump. yes you are right, some people think that bitcoin is a bubble. This slowdown was the worst and this hit investors hard. I'm not sure Bitcoin will have greater value like 2017.
|
|
|
|
deppil
|
|
November 21, 2018, 01:36:55 AM |
|
Perhaps it is feared that Bitcoin would be banned from goverments. And fear of the rapid price fluctuation of the market. Besides people are afraid of Bitcoin unmanaged and difficult to control the situation which can make psychological factors spread.
That could be the reason in some places why they are reluctant to adopt bitcoin. namely fear of threats and government restrictions. because many people believe in government statements. the risk of fluctuations is also the reason many people are afraid to invest. you know in one day you could lose 30% of your money like today
|
|
|
|
marketone
Legendary
Offline
Activity: 1302
Merit: 1000
|
|
November 21, 2018, 02:45:07 AM |
|
Each one will have a different view about the cryptocurrency so if the taste the cryptocurrency growth then definitely the will starts investing more into it. Cryptocurrency is a very huge risk investment and fluctuation makes them afraid about the cryptocurrency.
|
|
|
|
STI_2M
Member
Offline
Activity: 253
Merit: 11
|
|
November 21, 2018, 07:03:45 AM |
|
In my opinion, the reason why people began to invest less in cryptocurrency is simple. They are afraid to fail. Analysts advise not to invest all funds in any one currency, but to divide investments into different coins.
|
|
|
|
bubblebubble
Member
Offline
Activity: 616
Merit: 23
|
|
November 21, 2018, 07:47:53 AM |
|
A little piece of investors are available to take into account big losses due to high risks. Where's high risks? Take a look to the market of these days.
|
|
|
|
WilliamCrum
Newbie
Offline
Activity: 33
Merit: 0
|
|
November 21, 2018, 07:53:58 AM |
|
Uncertainty is something that makes the market chaotic and it takes lot of courage to invest in crypto. If people are not sure about the output of an investment, why would they invest in it rather than investing in a traditional asset that gives constant flow of income.
|
|
|
|
|
cuenzy
Full Member
Offline
Activity: 532
Merit: 103
Fast, Smart, Trustworthy
|
|
November 21, 2018, 01:50:36 PM |
|
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.
You should also include volatility and also the scams that you can find in this new market. We need to consider those and rectified for mass adoption. But in this time of market it's really difficult as also many ICOs and project fail to deliver.
|
|
|
|
coinbirds
|
|
November 21, 2018, 10:33:04 PM |
|
Many people do knot know what is crypto about, so lack of knowledge is also one of the reasons. Another important reason is the fear from the loss. Crypto market so unpredictable and volatile that many investors avoid it as they afraid of losing their funds.
|
|
|
|
BBjoe
Newbie
Offline
Activity: 55
Merit: 0
|
|
November 22, 2018, 05:34:39 AM |
|
Guys, in order not to be afraid of a market crash, you need to invest in indices.
|
|
|
|
calya
|
|
November 22, 2018, 06:21:22 AM |
|
Many people do knot know what is crypto about, so lack of knowledge is also one of the reasons. Another important reason is the fear from the loss. Crypto market so unpredictable and volatile that many investors avoid it as they afraid of losing their funds.
their lack of knowledge become main reason they lossing their money in market.even expert people also suffering loss in unpredictable condition.
|
|
|
|
A L I E N
Legendary
Offline
Activity: 1358
Merit: 1000
|
|
November 23, 2018, 04:40:20 PM |
|
Perhaps it is feared that Bitcoin would be banned from goverments. And fear of the rapid price fluctuation of the market. Besides people are afraid of Bitcoin unmanaged and difficult to control the situation which can make psychological factors spread.
The reason number one is another fear. This is the fear to lose everything that they invested during the time when the market is falling. I guess, many people do not deal with the crypto as they are afraid to become losers.
|
|
|
|
jonhn772
Jr. Member
Offline
Activity: 280
Merit: 1
Security and Privacy Features on the Blockchain
|
|
November 23, 2018, 04:52:27 PM |
|
People do not like to invest in crypto because of it's high volatility and big manipulation. They think that they will lost their money.
|
▄ ▄▄ We reinvented the way privacy and anonimity should look like ▄▄ ▄ ▄▄▄ ▄ ▄▄▄ ▄▄ ▄ PRIVIX.io ▄ ▄▄ ▄▄▄ ▄ ▄▄▄
|
|
|
yulchatar
|
|
November 23, 2018, 05:15:18 PM |
|
If we look at the current market situation, the answer is obvious. Potential investors are frightened by the daily price drop. Therefore, those who want to invest now are few. Everything will change when the market goes up.
|
|
|
|
|