NotFomo
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Activity: 420
Merit: 12
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November 23, 2018, 07:07:04 PM |
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I think the main reason is the fear of losing money. But in order to learn how to trade, you can first try to trade a virtual account, without the threat of losing money. I studied the new Velvet exchange there is such an opportunity, plus there is a lot of informative information about trading, it will be useful for beginners.
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artdor
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November 23, 2018, 09:11:21 PM |
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I think the main reason is the fear of losing money. But in order to learn how to trade, you can first try to trade a virtual account, without the threat of losing money. I studied the new Velvet exchange there is such an opportunity, plus there is a lot of informative information about trading, it will be useful for beginners.
Something I did not understand a little. At Velvet exchange, you can open a demo account and trade for virtual money, so as not to lose real money? This is a very cool opportunity for newbies.
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sidkz
Copper Member
Jr. Member
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Activity: 1218
Merit: 1
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April 02, 2019, 03:37:19 AM |
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people are afraid because cryptocurrency has no stability, and even the last bitcoin crash caused many to think, and many sold their tokens after leaving into a minus.
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BigTeeths
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April 02, 2019, 07:14:44 AM |
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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 don't see all of these as a huge hindrance in crypto but only temporary problems. The tech is a global innovation so all of us should assume that it will not come to a full adoption in a very short time. Tangible isn't a thing now in this generation because music, movies, game items are accepted and bought without in its physical form.
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Ucy
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Activity: 2716
Merit: 403
Compare rates on different exchanges & swap.
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April 05, 2019, 06:56:15 PM |
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Number 2 makes little sense, sorry. Guess they do not understand blockchain properly. The companies are probably only going to upgrade the blockchain/ipfs software and maybe with few upgrades here and there.
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Ezenwanyi1
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Activity: 308
Merit: 1
Veil
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April 05, 2019, 07:40:27 PM |
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Another reason why people do not invest in Cryptocurrency is because of the volatility nature of Cryptocurrency. Not everyone has the mind to invest in an environment whereby ones capital can reduce drastically in the next minute after investing.
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Natalim
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April 06, 2019, 08:38:23 AM |
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Another reason why people do not invest in Cryptocurrency is because of the volatility nature of Cryptocurrency. Not everyone has the mind to invest in an environment whereby ones capital can reduce drastically in the next minute after investing.
These are the kind of people who are afraid of taking a high risk investment. They want low or medium risk and wants the traditional one, if you invest in crypto, you are like investing in a new tech that could fail or succeed.
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TopT3ns
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April 06, 2019, 08:50:47 AM |
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Another reason why people do not invest in Cryptocurrency is because of the volatility nature of Cryptocurrency. Not everyone has the mind to invest in an environment whereby ones capital can reduce drastically in the next minute after investing.
These are the kind of people who are afraid of taking a high risk investment. They want low or medium risk and wants the traditional one, if you invest in crypto, you are like investing in a new tech that could fail or succeed. I think it is ok if people afraid to invest in crypto. Or maybe at least what be good of this business is people can invest in it anytime they want. So they can leearn first and make any research before they invest.
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mornabo
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April 06, 2019, 09:54:56 AM |
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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.
Of course because of their luck knowledge, if they learn about bitcoin and see the benefits of course they will join and invest. That is what they know, they only know the negative things like volatile market, scam, and etc that are said a lot by the government, so they stayaway from cryptocurrency
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kynaz
Sr. Member
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Activity: 1078
Merit: 250
http://unidapp.app
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April 06, 2019, 11:45:35 AM |
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Another reason why people do not invest in Cryptocurrency is because of the volatility nature of Cryptocurrency. Not everyone has the mind to invest in an environment whereby ones capital can reduce drastically in the next minute after investing.
Everything can happen in just a few minutes if you can't keep up with the fluctuations. In fact, this market is always very risky and when big investors or whales take profit, it will be the time that makes you most worried. I think only those who like risk and have little money will join this market because this is an opportunity for them to show their ability to hunt and catch information in time to get a quick profit.
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sakokinak
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April 06, 2019, 02:14:00 PM |
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Another reason why people do not invest in Cryptocurrency is because of the volatility nature of Cryptocurrency. Not everyone has the mind to invest in an environment whereby ones capital can reduce drastically in the next minute after investing.
These are the kind of people who are afraid of taking a high risk investment. They want low or medium risk and wants the traditional one, if you invest in crypto, you are like investing in a new tech that could fail or succeed. Those ones, who heard a lot of scary stories about the people that lost everything during the bear market, are afraid to invest in cryptocurrency. They guys that do not know about crypto are simply not interested in it yet.
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ongkok87
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April 06, 2019, 03:07:26 PM |
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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. it's so true that investing in the crypto world in order to avoid tone losses must have a lot of knowledge about the crypto world because if at this time market conditions, you will have a good strategy and always think to avoid losses
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playboy654
Member
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Activity: 546
Merit: 32
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April 06, 2019, 07:17:18 PM |
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I think no one wants to get out from this field once get involved in this money making way but in the beginning stage the people are thinking like it will take long time to make a stable profit in this market but the problem is the market not in in the good situation otherwise they will be future opportunities for every investors to get frequent profit every time when they are in Australia good amount in this field.
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Danumsigwasan
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Activity: 258
Merit: 13
I am from Forex world.
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April 06, 2019, 10:24:14 PM |
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I don't invest much in Cryptos directly but I trade on it a lot. I use FreshForex company which got both Forex and Cryptos available to trade. Why I do this is because I can sell if price go down and buy when I think it will go up. I can also close if I fear wrong decision but most direct crypto buyers will not find it easy to do what I can. So do it only with broker not direct.
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mrdeposit
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April 06, 2019, 11:51:29 PM |
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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.
Volatility and decentralization are main reason. Crypto's being decentralized is something people do not familiar. Volatility is another reason for fear, which means is great risk.
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Faxmate
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April 07, 2019, 06:23:20 PM |
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Another reason why people do not invest in Cryptocurrency is because of the volatility nature of Cryptocurrency. Not everyone has the mind to invest in an environment whereby ones capital can reduce drastically in the next minute after investing.
These are the kind of people who are afraid of taking a high risk investment. They want low or medium risk and wants the traditional one, if you invest in crypto, you are like investing in a new tech that could fail or succeed. Those ones, who heard a lot of scary stories about the people that lost everything during the bear market, are afraid to invest in cryptocurrency. They guys that do not know about crypto are simply not interested in it yet. Don’t trust anyone as most of people use to tell the new traders fake stories which is only because they don’t want to see people richer than them, so just make your own research I think you will find yourself safe as trade with crypto, people should enter at least once if they can, as trading with miner amount is not big deal if you can obtain huge profit.
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fibrolit
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April 07, 2019, 06:46:30 PM |
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Another reason why people do not invest in Cryptocurrency is because of the volatility nature of Cryptocurrency. Not everyone has the mind to invest in an environment whereby ones capital can reduce drastically in the next minute after investing.
These are the kind of people who are afraid of taking a high risk investment. They want low or medium risk and wants the traditional one, if you invest in crypto, you are like investing in a new tech that could fail or succeed. Those ones, who heard a lot of scary stories about the people that lost everything during the bear market, are afraid to invest in cryptocurrency. They guys that do not know about crypto are simply not interested in it yet. Don’t trust anyone as most of people use to tell the new traders fake stories which is only because they don’t want to see people richer than them, so just make your own research I think you will find yourself safe as trade with crypto, people should enter at least once if they can, as trading with miner amount is not big deal if you can obtain huge profit. Bitcoin has already started to grow again and will continue to grow. Most of those people who lost their money during the bearish trend will run to the market again to catch the departing train.
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Ayiranorea
Sr. Member
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Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
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April 07, 2019, 07:10:24 PM |
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Another reason why people do not invest in Cryptocurrency is because of the volatility nature of Cryptocurrency. Not everyone has the mind to invest in an environment whereby ones capital can reduce drastically in the next minute after investing.
These are the kind of people who are afraid of taking a high risk investment. They want low or medium risk and wants the traditional one, if you invest in crypto, you are like investing in a new tech that could fail or succeed. Those ones, who heard a lot of scary stories about the people that lost everything during the bear market, are afraid to invest in cryptocurrency. They guys that do not know about crypto are simply not interested in it yet. Don’t trust anyone as most of people use to tell the new traders fake stories which is only because they don’t want to see people richer than them, so just make your own research I think you will find yourself safe as trade with crypto, people should enter at least once if they can, as trading with miner amount is not big deal if you can obtain huge profit. Bitcoin has already started to grow again and will continue to grow. Most of those people who lost their money during the bearish trend will run to the market again to catch the departing train. Well said, but in this statement as quoted users who missed the profit in the bear market will tend to invest and get back the profit or compromise the loss happened. Same time as the train has departed at which station they're getting in will make the user get the best when the destination is reached.
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dmty.0809
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April 08, 2019, 02:42:59 AM |
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investment in crypto has not been legitimate as a means of payment, so many governments prohibit crypto from being made an investment. And a lot of investment made bogus that offers big profits.
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calya
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April 08, 2019, 03:53:08 AM |
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investment in crypto has not been legitimate as a means of payment, so many governments prohibit crypto from being made an investment. And a lot of investment made bogus that offers big profits.
it just about time for government to legitimate bitcoin or cryptocurrency as legal payment.i am sure they already review about it.and now much government already legalized it now.
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