The reason people do not want to invest in crypto

[tuansemazi]

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.

[buje micin]

for me there are three reasons why they do not want to invest in crypto
1. they have not known crypto
2. they are not interested
3. they are afraid to invest after losses

[djselery]

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.

[mk4]

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.

[herfianto]

for me there are three reasons why they do not want to invest in crypto
1. they have not known crypto
2. they are not interested
3. they are afraid to invest after losses

I agree with you, most people are afraid to invest in Crypto and now many ICO projects are scam so investors are losing their money because they are wrong in choosing the projects they invest.

[FalcoonRed]

maybe because bitcoin is a digital money that does not look real in the real world, maybe they know bitcoin is only on the internet and can not transaksikan into the currency. this is the experience I have ever experienced when introducing bitcoin to investors.

[seizetehday5]

Don't forget because of all the noise in crypto people are also afraid of getting scammed and left bag holding. I agree that blockchain has a long way to go but it also doesn't mean you can't get in on the ground floor. To me, only those with vision in regards to Bitcoin are getting involved because it is hard imagining a world where we don't rely on fiat much. As far as I am concerned you need to be a visionary to see this type of future.

[rayk]

Though there are really many reasonable points that deter people from investing in crypto, the reward is very high so it is not crazy to invest some money in crypto.

[harizen]

The definition of "investment" have a different aspect when pointing to crypto that's why newcomers don't even have a guts to do so.

What's lacking to them? Proper research. Obviously there are lots of differences about the aspects of usual investment (business) and investing money on crypto but some people who doesn't have an idea about how crypto works, will make a conclusion that everything was just the same. Well it will be a long discussion so I will just leave the idea here.

Clearly, if only people understand risks then they are good to go. If they don't like to put money on crypto then so be it.

[whirlcoin]

Mainly due to the price volatility,they are afraid of losing their investment so they don't want to take that kind of risks but more and more people are now getting into the cryotocurrency world after understanding its capabilities and potential to make money in short term.

[frowsiter]

Tell you what there is hardly few people who really cares about the blockchain being developed and the dependency of the crypto projects on it. They just overlook whole thing and get attracted to it for the purpose of profits. I mean if you show them the profits then boom there you go, you will tons of people as investors in the bitcoin or crypto currency as whole. Believe me thats what always happens whenever the good and bad news pops in. Its about the price and not the developments. Ask yourself, why are you here, to make profits or to take the daily updates on how blockchain is getting developed?

Just a thought though!

[ForHorde666]

In my opinion. Main reasons are low quantity of very successful ICOs, and not too much positive news.

[DaMut]

In my opinion. Main reasons are low quantity of very successful ICOs, and not too much positive news.

ICOs ? it's a cancer in cryptosphere mate.
as we can see,many people started to join the community after they heard the ads on internet about 'something' related to cryptocurrency and technology such as those ICOs.
they felt intrested and started to join,
but when the project concluded the sale,they're gone forever.
that was why many people do not want to invest or join or whatever you called it their money or time into cryptosphere.
every bad news that we heard was related to Fraud and Fake ICOs,nothing great came from those shitty ICOs i believe.

[kolesozw]

Tax situation is not nightmare at all. In most developed county there is a Capital gain tax ONLY when you convert to fiat.

The real reason is that they are scared from the new. Like there were scared to invest in internet at first, for example.

[danherbias07]

Too easy to join.
Ain't that one of the reason that they want to be invested?
With other funds or stocks you will need a lot of paper works and also a broker. Here you can DIY. You just need some information about the token you will be investing and make sure it is legitimate.
If I will be given another chance and go back then I will still pick this choice to be invested with.

[Victorycoin]

I think a huge amount of people are still unknown or not well-known to crypto.People don't understand crypto somehow that's a common reason.Secondly, crypto currencies are banned in some ccountries so they don't even though to watch it twice.Thirdly, some people can't trust it because it's not controlled by anyone.

That's right! Bitcoin and cryptocurrency in general is still evolving and given that it's knowledge based, a lot of grey areas are inevitable and even most governments across the globe are having some hard time understanding the phenomenon and that explains why we often hear them talk of banning Bitcoin on one day, only to start echoing regulation the following day.

[chrisfcrypto]

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.

The uncertainty about regulation and whether the asset will be seen as a capital gain, or income for tax purposes is the greatest worry I have had as a newbie.
Also the transfer between tokens and FIAT currencies is not simple as yet. Once there is an easy way to invest in crypto, I think more folks will jump on board

[Mokter]

for me there are three reasons why they do not want to invest in crypto
1. they have not known crypto
2. they are not interested
3. they are afraid to invest after losses

I agree with you, most people are afraid to invest in Crypto and now many ICO projects are scam so investors are losing their money because they are wrong in choosing the projects they invest.

You are right except your point no. 2. I want to add more. People have:
1. Investment phobia
2. Cognitive Dissonance
3. Lack of knowledge
4. Risk avoidance tendency
5. Lack of prediction ability

[squatz1]

The tax situation is the same tax nightmare that any day trader for stocks would have to deal with, I don't understand how people come to terms with the fact that it's NOT THAT BAD. Use a reputable exchange and they'll hold the information to make taxes a breeze / or as close to one as they can with their records on you.

People don't want to invest in crypto because it's as volatile as penny stocks, people want traditional investments with traditional returns. That's the best for them, I don't know why you'd be mad about what people invest in.

[Apaxy]

The tax situation is the same tax nightmare that any day trader for stocks would have to deal with, I don't understand how people come to terms with the fact that it's NOT THAT BAD. Use a reputable exchange and they'll hold the information to make taxes a breeze / or as close to one as they can with their records on you.

People don't want to invest in crypto because it's as volatile as penny stocks, people want traditional investments with traditional returns. That's the best for them, I don't know why you'd be mad about what people invest in.

If you use crypto currency, you will have to pay taxes unequivocally. But I think that most of the users of crypto currency do not announce their profits and their activities. Therefore here taxation has nothing to do with it. Another possibility of investing in the crypto currency is the investment of crypto currency in the crypto currency. And because today there is a low price, so far no one is doing it.