The reason people do not want to invest in crypto

[Cointertrade]

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.

we have a lot of news we heard and maybe thats why people are afraid to invest in crypto  because of its digital and i think people are afraid to invest because they are also afraid of loosing money and also maybe they think that it was a scam just like the we heard.

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[fredo123]

There is no assurance in dealing crypto's. The risk is too high, and unpredictable, People are afraid to lose their money, Another factor that hinders them to invest, the lack of knowledge, Crypto' s are just newly sprout in the system, I think about 20% of the total global population are acquainted with crypto and there's a lot of things might happen if everybody knows about crypto,:)

[hieuho381]

People dont want to invest in crypto for many reasons, but I think most of them ignore the facts about the high promising potential of this digital currencies and they think it is very dangerous and risky, some even have a totally wrong and fake ideas about Bitcoin and other coins. Also others simply haven't the capacity to invest in crypto because their prices are high nowadays.

Most of the media have a very bad view of the market and everyone seems to be worried about Bitcoin. I think this is not true because if you have basic knowledge then you can become an investor in this market most easily and can start trading with small money before investing heavily in the market.

[Whosdaddy]

Most of the points are covering the reason but I believe that the greatest reason is that the cryptoworld is too risky

Well, if they truly understand that risk and also understand the potentials, then that is not an excuse as they will only put in what they can afford to lose. This is not a get rich quick scheme and it is a long term investment where the little you have today can actually get big tomorrow and no one is asking anyone to go all in as that in itself is a whole bunch of risk to take when it comes to any investment. I feel the only problem they are mostly having is just ignorance.

[FFrankie]

People simply don't invest because they cant wrap their heads around the fact that essentially nothing can be worth something.

If we go into WW3, and shit hits the fan and we have no more internet,,, bitcoin is dead.

[KEPLER99]

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.

people doesnt want to invest in crypto maybe because they are not intersted on it thats why they dont want to invest, second is maybe they dont want to loose their money ,third is maybe because they dont have the knowledge and thoughts about crypto so i guess thats why they are afraid or they dont want to invest in cryptos.

Lack of knowledge and above all lack of self-confidence and self believe are the things which are creating lot of negativity in the minds of the people and that they feel reluctant when it comes to that of investing of their money into any of the crypto coin. They just want to wait for little longer to see the market and to observe it in a better way and then to make some final decision of investing.

[BarbusseH]

Perhaps the main reason is the problem with the withdrawal of a considerable sum in fiat money and subsequent problems with legalization.

[paynercash]

Most importantly, they do not believe that digital money can profit them. And they fear that they will disappear completely in this world so their capital will be lost. So they dare not invest in Crypto.

[noormcs5]

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.

You are explaining very well, after a deep search. In society we see different type of investors and their attitude and way is also different, like some people have fear to invest their money into crypto currencies becasue they think it is new and we are not ready to take the risk with it. Actually it is my own experience, now in my family majority big business persons they are not welling to invest their money in bitcoin and crypto currency, That's why i am not convincing them.   

[welcome kamu]

I think they are just wrong looking for good ico and incur losses, sometimes they also expect direct profits when their coins just enter in exchange without wanting to hold back, should if they hold back then I am sure they will not lose

[worle1bm]

The word bitcoin and cryptocurrencies are nowadays known to the most of people through social media and mass media.But the fact that they do not want to invest in this market is governments issuing warnings not to indulge in this as they say it as not legal tender or the possible reasons can be market being too volatile and they do want to risk their money and suffer losses and didn't know much about the market functioning. But slowly people will get their importance and start investing in it.

[Traslavin]

Perhaps the main reason is the problem with the withdrawal of a considerable sum in fiat money and subsequent problems with legalization.

I don't know their reasons why people do not want to invest in crypto but whatever their reason is it was their loses. The main reason that I know so far is people are being worried by being decentralised of digital currency and because of some countries are announced this as illegal but no matter what it doesnt affects bitcoin and any kind of cryptocurrency.

[Joriecoinbit]

Perhaps the main reason is the problem with the withdrawal of a considerable sum in fiat money and subsequent problems with legalization.

I don't know their reasons why people do not want to invest in crypto but whatever their reason is it was their loses. The main reason that I know so far is people are being worried by being decentralised of digital currency and because of some countries are announced this as illegal but no matter what it doesnt affects bitcoin and any kind of cryptocurrency.

We can't force them to invest in crypto world because each one of us have a different intellectual and perceptions on the site. Nowadays, there's a lot of discrimination and negative thoughts on crypto so there plans are affected for the fake news but we can encourage them back and help with openness .

[Victorycoin]

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

 Obviously all that sums up to the dearth of sound trading knowledge and some experiences. With adequate knowledge, we start to see the market not from the perspective we used to, but one we can create or recognize some advantages or opportunities ourselves. I think an almost silent reason some people, mostly some advanced people are not too keen about cryptocurrency is the fact that most aged people actually think it's something for the new generation.

[gurang]

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

Yes they don't want to invest, maybe they don't have any idea how to invest, or they are not interested also, or they are afraid to invest because maybe they think they can't.

[goldcoinminer]

Perhaps the main reason is the problem with the withdrawal of a considerable sum in fiat money and subsequent problems with legalization.

I don't know their reasons why people do not want to invest in crypto but whatever their reason is it was their loses. The main reason that I know so far is people are being worried by being decentralised of digital currency and because of some countries are announced this as illegal but no matter what it doesnt affects bitcoin and any kind of cryptocurrency.

We can't force them to invest in crypto world because each one of us have a different intellectual and perceptions on the site. Nowadays, there's a lot of discrimination and negative thoughts on crypto so there plans are affected for the fake news but we can encourage them back and help with openness .

I think if a person really wants to invest in crypto,he must develop his own interest in it and not just riding with the trend.Maybe majority of the people nowadays believe that bitcoin is a scam and illegal one and so they avoid bitcoin as much as possible.And since bitcoin doesn't have a stable value,people are afraid once they invested in it,they might get loss in the end.

[el kaka22]

They are afraid to risk their money because they have no knowledge on it and they think bitcoin is all scam. Another factor is the people around them saying bitcoin is not worth it and you will surely lose all of your money but the reality is the opposite of what they saying. It may take some time to fully learn what is bitcoin but if you really want to change the way your life is then bitcoin is one of the simplest way to earn it. And if you are one of them you need to change the way you think and start your journey in crypto world.

I can remember vividly that so many people in 2009/10 really just invested a tiny little amount they can at least say if things end up going wrong but I believed in this technology, I believe it would work and if it does not, at least I know that I tried and they were able to factor in that risk into their investment.

$1 of investment in 2009 would have been nothing and imagine what that would have been now. I guess people are not just getting the real picture and some keep taking the idea even in the wrong way.

[aquaking]

Because they are very risky, the market is now more difficult than before and hackers are stalking new people like us. Therefore, it is difficult to make profit from the market.

[ar72]

You have known the reasons and now how to influence people want to invest in crypto. Maybe you can give the suggestion for us especially for me. So we can tell them about invest in crypto.

[hermae]

I think the main reason why people dont want to invest in crypto is because they are just too scared to take the risks that entails when one invests. Especially these days, we know that the price is volatile, so they dont want to do it. Another factor could be the misconception of what cryptocurrency really is, they dont know what this would lead them. And the last one is they are scared that they might get scammed, as we all know there are many scammers in the world, so they dont want to lose their hard-earned money in just a snap of a finger of a scammer.