The reason people do not want to invest in crypto

[Landak]

afraid of being deceived,, thinking that crypto is ponzi.
Taxes, this is what investors always think about, thinking that maybe crypto taxes are also high like general investment taxes. if taxes are too high but profits are very low, investors are reluctant to invest in crypto.

[1714249591]

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[1714249591]

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[rosebrand]

do not need an official signature, do not need stamp duty for a certain nominal, or even pass various procedures for economic and taxation transactions. But we need to understand that there are most people who don't want to do something online, they are reluctant to lose their assets in crypto for lack of knowledge, they are afraid and don't want to at least try because they are very familiar with modern capitalization that promises comfort with rules certain.

[kristensoto]

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.

In my opinion, some other reasons people don't want to invest in cryptocurrency is that they don't know about the cryptocurrency market, they are afraid of losing money when investing in this market. As we know, the cryptocurrency market fluctuates very quickly, if we do not have the knowledge and lack of market experience, then we will easily lose. I myself will continue to trust and invest in this market. I believe it will bring me more money in the future.

[jambul_kribo]

afraid of being deceived,, thinking that crypto is ponzi.
Taxes, this is what investors always think about, thinking that maybe crypto taxes are also high like general investment taxes. if taxes are too high but profits are very low, investors are reluctant to invest in crypto.

if we talking about taxes it could not implemented yet.as we know cryptocurrency market not legalized yet by any government.and if they do it it will give positive impact to crypto market.investors will confidence to put their money here and crypto prices could growth smoothly due new demand.

[senyorito123]

afraid of being deceived,, thinking that crypto is ponzi.
Taxes, this is what investors always think about, thinking that maybe crypto taxes are also high like general investment taxes. if taxes are too high but profits are very low, investors are reluctant to invest in crypto.

if we talking about taxes it could not implemented yet.as we know cryptocurrency market not legalized yet by any government.and if they do it it will give positive impact to crypto market.investors will confidence to put their money here and crypto prices could growth smoothly due new demand.

It’s no longer surprising that people who understand and know how cryptocurrency works believe in its use and more importantly trust that it's worth investing. One of the reasons why people don't  want to invest in crypto it's because it’s not backed by government. One of it's defining features would be it decentralization, it does not have a central command. Cryptocurrency is still at its infancy stage in terms of its overall growth. It may seem appealing to some, but some people stay away from crypto in the first place as it turns out some people feel safer and more comfortable when their assets are always being overseen by the government.

[Bunsomjelican]

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.

Majority of the people here in the forum are not well informed and don't have passion to know what it is.
Because of greed their only intentions why they are here is to get quick profit in trading even without spending
time to learn about in crypto, so the result was loss their investment in the end.

[Victorycoin]

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.

Crypto is being promoted too fast so many people will be able to learn a lot about crypto and if there is a chance to growth their on crypto then it will be better both for current holder and also for the new investors.

[olamidey]

While I agree that lots of people are scared to invest in crypto, I know some things could be responsible for this.
Scalability us a big issue with cryptocurrencies and it's difficult for most projects to scale up to a large extent.
Another major issue  is value. The value fluctuate and the ups and downs become do difficult for some to comprehend.

[Mrengage]

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.

Yes we know it definitely has a big risk but with some God strategy and planning you won't involved in much risk, besides every business in one's life has a RISK FACTORY tag to it.

[Mrengage]

People never want to refuse on the cryptos if they know actually what is cryptos and how much growth it is having every year.

When you say PEOPLE let's just point out hands to the newbies that are getting in the Crypto atmosphere for the first time because no one who has been in the Crypto market for years that won't understand the meaning of CRYPTOS

[valta4065]

While I agree that lots of people are scared to invest in crypto, I know some things could be responsible for this.
Scalability us a big issue with cryptocurrencies and it's difficult for most projects to scale up to a large extent.
Another major issue  is value. The value fluctuate and the ups and downs become do difficult for some to comprehend.

Those peoples who are scared are the ones who are not into profits that deep. There always is risk which needs to be taken in the field of cryptocurrencies in order to make profits. If you do not have the guts to take the risk then how could you expect the profits to be big. Those peoples who now are trusting into cryptocurrencies are the one's who are investing most of their capital into bitcoins or any coin.

The value for bitcoins is not actually a negative side to be considered but it gives opportunities for a lot of traders, holders to make instant profits by keeping constant buy/sell orders.

[johncarter123]

Firstly, there is no backing to them. While other fiat currencies moved away from gold standards and the like some time ago, they do have backing - the labour of the citizens of the country. That has a definite value. I don’t see that with cryptocurrencies - like diamonds, they only have value because people think they do.

Secondly, you can’t spend them. A handful of places accept bitcoin, but very, very few. Even less accept other types. So if I want to buy bread, pay rent or pay for a taxi, I have to convert it to local currency. This entails extra costs, and extra risk as the conversion rates are volatile.

As a tertiary one, bitcoin especially causes problems at a time we are trying to reduce wasted energy. Massive server farms are using astonishing amounts of power to create these coins. That’s not sustainable, in both meanings of the word.

[DeathProxy]

Most people dont want to invest in crypto because they consider it as a new infant which still has a long way to go. And many still consider ot still volatile for them to invest in. Subsequently i hope they will get to understand how crypto work and come to full adoption of cryptocurrency

[pey]

I agree with neither of them you mention as a reason. People don't invest in crypto because they are either too irrelevant of crypto, not able to understand it, or can't do that. If they would be aware of these reason you mention, it does not matter they invest in crypto or not because they are fully aware of this market, tech at least.

[aderidwan98]

And the reason he didn't invest in the crypto world was because he didn't know what crypto was and he also didn't want to judge it, and if he understood crypto I was sure he would join us

[redsun114]

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.

Crypto is being promoted too fast so many people will be able to learn a lot about crypto and if there is a chance to growth their on crypto then it will be better both for current holder and also for the new investors.

Many people are investing in the crypto currency especially in the Bitcoin because right now the price movement is in interesting conditions that is why the existing traders are holding and new investors have the choice to invest and start trading. Many people have been blessed with profit of 1k dollar to 2k dollar in the current phase but the price can boost up anytime can give us the opportunity to make 3x profit.

[Aivaryamal]

While a small number of people are investing in cryptocurrency due to its high volatility, lack of legal regulation and fraud in this area, now many companies, businesses are beginning to introduce blockchain technology

[bitzizzix]

The reason for those who don't want to invest in crypto is, maybe they don't know and understand more about crypto and besides that there is a lot of bad news about crypto and many governments that oppose or ban it that makes them afraid and hesitant to invest.
Besides being risky and having a lot of fraudulent news, there are still many other reasons that make them afraid and hesitant to invest.

[Helpme_please]

While a small number of people are investing in cryptocurrency due to its high volatility, lack of legal regulation and fraud in this area, now many companies, businesses are beginning to introduce blockchain technology

and now many institution review blockchain technology and trying to implemented it on their system.the thing that make people scared about this market was government regulation that make they scare if suddenly banned.

[yvesp110]

While a small number of people are investing in cryptocurrency due to its high volatility, lack of legal regulation and fraud in this area, now many companies, businesses are beginning to introduce blockchain technology

and now many institution review blockchain technology and trying to implemented it on their system.the thing that make people scared about this market was government regulation that make they scare if suddenly banned.

Because of government only those who are new will get worry about the market but those who are well aware of crypto currency nature will never get afraid of it, people who are new get worried same as all those people when I get in I was worried but with time I got to know crypto currency is best for us we can make good amount of money with it and also we can get better opportunities so I think those people will also know the its value later on.