The reason people do not want to invest in crypto

[OrangeSeller]

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

I am happy seeing that they atleast accept that cryptocurrencies are going to have a long way ahead and thinking such, why can't they simply be with them for long term then? Reading OP, I do not find any relevant reason for peoples not joining cryptocurrencies. According to me, I think that the peoples who have not yet joined the cryptocurrency markets are the ones who lack in digital knowledge or hardly come across internet. There is vast community who is not yet that exposed to the Internet so it is obvious that those peoples would hardly know about the cryptocurrencies. Remaining those who have not yet invested may be those who think bitcoins is a bubble and may burst anytime. Truly speaking, there are thousands of minds thinking bitcoins are a bubble.

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[xSkylarx]

I think because it is a digital asset. Most of the older generations are still hesitant to invest in crypto because it has no physical form unlike fiat. They think anyone could stole it and not secure. Same goes for paper money if someone has really that intent. It's just they are just not updated about the new trends or they don't feel secure investing in crypto.

[lovesybitz]

Most people don't invest in crypto because they see as a ponzi scheme or scam site, which they heard it to other community here.
But the truth is they are FOMO, they want sure income/profit. If they will have this kind of mindset, they can never be a good trader here in crypto world. Because all people who come here to become a crypto traders are all risk taker.

[Caladonian]

Most people don't invest in crypto because they see as a ponzi scheme or scam site, which they heard it to other community here.
But the truth is they are FOMO, they want sure income/profit. If they will have this kind of mindset, they can never be a good trader here in crypto world. Because all people who come here to become a crypto traders are all risk taker.

Those who can take the risk most of the time are the one who succeed from this venue of investment, but those who thinks that its just an easy passage way to earn quick profits will lose their money and call out loud that this industry was a fraud and scam.

Chances are there when people will decide to dictates how future will be, it's all about how we do it in our own ways.

[Questat]

I think because it is a digital asset. Most of the older generations are still hesitant to invest in crypto because it has no physical form unlike fiat. They think anyone could stole it and not secure. Same goes for paper money if someone has really that intent. It's just they are just not updated about the new trends or they don't feel secure investing in crypto.

Let's put it this way, the main reason of investing is profit, and bitcoin seems does not guarantee a profit to them because they will see it as a high risk asset. Majority of the investors are not into high risk investment since they want to ensure their money is safe and will grow even at a small percentage. Some just even entrust their money in the bank without knowing it's subject for inflation.

[neonshium]

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.

There really is huge opportunity in the cryptocurrencies where peoples can really have a lot of profits but they just needs to be close to them. There are very less chances that rather than knowing the benefits and advantages of bitcoins, peoples are not getting into it. I agree with you that the peoples who do not invest into cryptos may be the one's who do not understand anything about them and also who do not trust the decentralized markets. There are a lot of peoples who invest into Stock markets turning towards Crypto markets but most of the peoples from there are yet afraid for investing into these markets as we do not know who is behind these markets and that keeps the community feel that they are not safe over here.

[Victorycoin]

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.

You have mentioned all the main reason for why people are not investing or do not invest on crypto. But for these they are becoming loser it is time to gather more knowledge and invest on crypto.

[Timmzzy]

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.

Well you have said it all but to my notice I believe this is getting better now because lots of money and projects are coming into the Blockchain. And as well as newbies getting to understand what Crypto really is.

[Timmzzy]

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

If Crypto is definitely here to stay, let still have hopes and as well keep fingers crossed and imagine in 5 years to come where Crypto will lead us to.

[Aivaryamal]

Newcomers are still afraid to enter the digital market, as cryptocurrencies are quite volatile and they can lose their deposits or they do not have enough patience for assets to grow two or three times

[emberbekas]

Not everyone is interested in investing including investment in crypto currencies. Besides crypto is very volatile, some people still doubt that crypto can give good results for them if they invest in it. Maybe that is the reason why people don't want to invest. Of course there are still other reasons behind it and we can't blame them.

[kamilah147]

Not everyone is interested in investing including investment in crypto currencies. Besides crypto is very volatile, some people still doubt that crypto can give good results for them if they invest in it. Maybe that is the reason why people don't want to invest. Of course there are still other reasons behind it and we can't blame them.

absolutely right, we cannot force them to invest in crypto. it is better for them to move themselves to invest, it may take time because they are afraid because of the fluctuating crypto value

[airdagon]

Because they lack knowledge about crypto, if they understand the crypto benefits, I'm sure they will also join

[sulendra12]

They have been brainwashed with the rumors that crypto has been largely used for crime such as buying drugs and funding terrorism. Where literally you can do that with cash too, as long as these rumors still spreading, they will think crypto as they know currently unless they are interested to learn.

[BuALI]

Most businesses will find it more attractive to make their own tailored blockchain rather than use an existing one which they probably have no control over

[OrangeSeller]

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

If Crypto is definitely here to stay, let still have hopes and as well keep fingers crossed and imagine in 5 years to come where Crypto will lead us to.

Crypto is surviving and will be surviving due to the effect of HOLDERS as they are 100% sure about its success and due to them the crypto survives. If there is no such support then the crypto would have dark future but it is not in real. Those who are holding it for life time are extremely serious about the future it has for them besides that they are trading as well which is an excellent decision.

[futureofeth]

They have been brainwashed with the rumors that crypto has been largely used for crime such as buying drugs and funding terrorism. Where literally you can do that with cash too, as long as these rumors still spreading, they will think crypto as they know currently unless they are interested to learn.

It completely depends upon the way we treat because we can buy those drugs and Funding terrorism can happen through fiat currency previously. With the Bitcoin, the governments can easily identify the address who are holding the Bitcoin through blockchain because we cannot increase the supply of Bitcoin. Whereas in fiat currency we can print the fake notes which some times it is impossible to identify those.

[leea-1334]

They have been brainwashed with the rumors that crypto has been largely used for crime such as buying drugs and funding terrorism. Where literally you can do that with cash too, as long as these rumors still spreading, they will think crypto as they know currently unless they are interested to learn.

Cannot really blame these guys for being brainwashed. After all, we were brainwashed for most of our lives to trust the newspapers, trust the banks, trust what we read on the internet.

To be fair also, technological advancements have always been the first adoption stage for criminal activities,,, this is a proven fact. But as you say, people need to know that banks and normal USD are the preferred options because they can be easily manipulated.

[LUCKMCFLY]

Now Blockchain technology is taking a big boom in all spaces both in companies and in any field that takes from the market either in Bitcoin or in the traditional market, and this includes governments and banking in general.

Many want to take blockchain technology because it is of decentralized origin and because it is 100% incorruptible, in fact, it has been put as advice to be taken into account for government systems to carry out their voting operations in order to choose their governors.

Some projects use technology to develop platforms to improve people's lives, which are called ICO, STO, IEO, which is giving a lot of talk about why this type of technology wants to take it to try to control it. which, every time hands go to governments.

[bristlefront]

People are playing safe since 2018 until today there are still shit ICOs that won't benefit investors. Instead growing up their income it goes down and the ROI becoming close to negative 99% until nothing is left. People making sure that a certain year is the best time to invest again just like 2016 I guess.