The reason people do not want to invest in crypto

[Tungsten-1]

Everyone has his/her approach towards Cryptocurrency and not all who are involved in it fully understand it not to talk about those who don't know about it entirely

Those people who does not know about cryptocurrency and who does not want to take risk they cant invest on crypto. Up-down of crypto is too much which many people cant take risk so they stay away from crypto.

Many people are still not aware of crypt currency but I think it is not good for them, we should try to educate people about crypto currency how it works and how we can generate good amount of money for just holding it, I can see as time passing crypto is taking main part in our life, very soon it will become our only investment.

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[hen cet]

The reason people do not want to invest in crypto is simply because they do not trust crypto) Thinking cryptocurrency doesn’t have any real value tied to it. And not to exclude the fact that Government are against it, plus security issues. While some just don't understand the whole crypto thing 😒

The reason people don't want crypto investments in my country is because the government prohibits crypto use so there is no protection for crypto holders when facing problems. Besides that the government always reminds the risk for those who have crypto.
Negative coverage is also very much, from the general public and economists who master economics, always emphasize how much loss will be obtained if crypto investment. Things like that make the public interest in crypto investment very little.

[TopT3ns]

Everyone has his/her approach towards Cryptocurrency and not all who are involved in it fully understand it not to talk about those who don't know about it entirely

Those people who does not know about cryptocurrency and who does not want to take risk they cant invest on crypto. Up-down of crypto is too much which many people cant take risk so they stay away from crypto.

Many people are still not aware of crypt currency but I think it is not good for them, we should try to educate people about crypto currency how it works and how we can generate good amount of money for just holding it, I can see as time passing crypto is taking main part in our life, very soon it will become our only investment.

Agree with educate people. But some of them already influenced by scammer that use crypto name to make people invest in them. In my country, there are a lot of ponzi scammer use crypto and mining word to make people believe with their investment and then gone after make their investor loss.

[LUCKMCFLY]

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 they are very valid reasons, but you have to understand that everything changes, governments change, systems change, economic systems change to make way for a much greater technology, whether or not people want changes to arise always.

Investors who do not believe in crypto, I respect them, maybe they consider going for a safe investment, like the Stock Market, in fact one of the great investors with a lot of experience Warren Buffet has always considered that Crypto is not a good investment, I respect Warren Buffet, because he has had excellent books, but I think he is a person who only locked himself in what he knows and that does not give way to new frontiers of knowledge, and one of them is the evolution of the economy using blockchain, such Once, because it is a technology that is not backed or has liquidity, it is a reason that does not give security to the criteria that he always seeks in actions.

But everything changes, I believe that the evolution of crypto goes far beyond what big investors think, there is more development than from the 1970s onwards, we are in an era where digital can control what was previously uncontrollable, where impossible almost is already possible.

So I think that the reasons for accepting crypto have increased, in fact there are already theories where they compare events where the FIAT is replaced by Bitcoin or Altcoins.

That is why I think that the reasons for OP are good, but they are not the ones that are the only ones, that there is a lot behind it that knocks down all those reasons, and every decade the technology and acceptance will be greater.

[r1a2y3m4]

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.

I just wanted to point out this statement of yours. Why do you care on cryptocurrency if it's easy to join? It does make those lives of people who wanted to enter cryptocurrency better isn't it? It will help those beginners to enter the market easily. No hassle at all.

[Robotbitcoin22]

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.

I just wanted to point out this statement of yours. Why do you care on cryptocurrency if it's easy to join? It does make those lives of people who wanted to enter cryptocurrency better isn't it? It will help those beginners to enter the market easily. No hassle at all.

easy to join here in my opinion it is not an excuse not to invest here. in fact this is actually the advantage of cryptocurrency, yes in the sense that it makes it easier for someone to learn to invest and make money for their future even that can help cryptocurrency in terms of promotion.

[Golftech]

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.

I just wanted to point out this statement of yours. Why do you care on cryptocurrency if it's easy to join? It does make those lives of people who wanted to enter cryptocurrency better isn't it? It will help those beginners to enter the market easily. No hassle at all.

Got some point there bro, crypto currency brings opportunities, not sure why that previous post really against the development of this system on the future but we can't blamed those who haven't got the confidence of trusting the progress of this chain, they don't see the benefits and the usable help
of this system if being implemented properly and be part of payment transactions.

[SlimShadyMmp]

I think mostly is because most projects people decided to join ended up losing their money and the ROI is basically a lost for most and right now they fear the whole process let hope time changes that and those project start better implementation and also create and maintain their roadmaps

[quarkfx]

crypto as good future , like gold at starting many didn't know about its value and people who know bought and stored who are rich now , like that crypto will be your gold in future but you should invest in good crypto projects

[Natalim]

crypto as good future , like gold at starting many didn't know about its value and people who know bought and stored who are rich now , like that crypto will be your gold in future but you should invest in good crypto projects

That's basic, investing in bad crypto project will not give any return, we call them shitcoins.
Honestly though, I also analyze when I am investing in a certain coin but we cannot guarantee that we think that is good now, will still be good in the future.

[sakokinak]

Everyone has his/her approach towards Cryptocurrency and not all who are involved in it fully understand it not to talk about those who don't know about it entirely

The main reason is simple. People are afraid to lose everything one day. many of them still do not trust "vague" virtual money. Additionally, they see, how the market is going up and down often.

[timmydakolo2]

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.

When you say it is easy to join don't buy that idea that Blockchain is quiet easy. You will have to by pass lots of processes just like when some wants to learn something for the first time you will have to know the disadvantages and advantages on what you want to take part in. Now when we talk about the tax situation it's definitely not a bad start to pay up your taxes just like the miner's they make use of power to processing each block of transactions made on the Blockchain.

[lovesybitz]

There are lot of reason why people don't want to invest into crypto.

Here are there such as follows:

- They thought that crypto is like a ponzi scheme

- They are afraid to loss their investment, in short they don't have the guts
  to have the characteristics of a true traders in trading business.

- They've been thinking about that it won't take long in this type of business
   in the entire world.

- Crypto for them was a piece of god damn shit, but the truth is not.

[LUCKMCFLY]

There are lot of reason why people don't want to invest into crypto.

Here are there such as follows:

- They thought that crypto is like a ponzi scheme

- They are afraid to loss their investment, in short they don't have the guts
  to have the characteristics of a true traders in trading business.

- They've been thinking about that it won't take long in this type of business
   in the entire world.

- Crypto for them was a piece of god damn shit, but the truth is not.

Very much in agreement with these reasons, also many times when you speak to people of Crypto's blockchain technology, they see it so good that they think that these things do not exist and that what we are looking for is that they invest money or something they can easily lose.

Many people think that all this is a lie, they do not take risks because they join with people who think alike and are those who think that what they know is safe, they do not give themselves the opportunity, knowing that they can take the train of progress and that has no return, when they want to adopt technology and Crypto have lost multiple opportunities to have been much better with some investments if at the time they were told they had believed, the most radical of all this, is that that moment will pass, when Crypto is adopted worldwide.

[Tungsten-1]

Everyone has his/her approach towards Cryptocurrency and not all who are involved in it fully understand it not to talk about those who don't know about it entirely

The main reason is simple. People are afraid to lose everything one day. many of them still do not trust "vague" virtual money. Additionally, they see, how the market is going up and down often.

Only few people belongs to the group who do not trust in crypto currency otherwise now everyone is educated and people knows the importance and value of investing in crypto currency, those areas where people are not educated about crypto currency is because they are lack of facilities and lack of knowledge about crypto but in future they also will invest.

[bitzizzix]

There are lot of reason why people don't want to invest into crypto.

Here are there such as follows:

- They thought that crypto is like a ponzi scheme

- They are afraid to loss their investment, in short they don't have the guts
  to have the characteristics of a true traders in trading business.

- They've been thinking about that it won't take long in this type of business
   in the entire world.

- Crypto for them was a piece of god damn shit, but the truth is not.

Everything you mention is true, but basically because they don't understand and know about crypto more deeply and they only know negative or bad news about crypto that makes them feel afraid to invest.

the main thing is because many countries and governments oppose it and crypto is indirectly considered illegal, and illegal words that make people doubt.
and gradually I was convinced that those who did not believe in Kripo would know for themselves and realized that Kirpto was the best to invest and profitable.

[BUK2016]

The last reason you gave doesn't applicable to what is happening in my country in terms of tax administration this is so because i have pay any tax for all my crypto currency transaction since the year 2017 that I started crypto currency business activities, though my situation is it not applicable to other people's situation.

[CryptoToxicAvenger]

Investing in crypto has big risks. It is something new so people don't fully trust her. Only the bravest people are not afraid to take risks and try something new.

[Ultimist]

Those who want to invest, they will do it. They will not stop any situation with taxes and so etc. It's about trusting the cryptocurrency and understanding how it works. Someone has done the research and understand prospects for investment in crypto, and who it is not necessary.

[BL46K 7193R]

Yes I agree with your points, there are also some other reasons why people do not want to invest in crypto. Many do not know about the crypto currency. Many do not know how to use the crypto currency correctly and how to earn from it. Even many people are afraid to face financial loss while investing.It seems to me that this may be a reason why people are financially harassed while investing in some areas.