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Author Topic: The reason people do not want to invest in crypto  (Read 18941 times)
jerix
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June 02, 2018, 04:33:29 AM
 #321

Surely everyone has different reasons why they do not want to invest in crypto. I'm sure their main reason is that they do not fully believe in the sophistication that's inside crypto. They still doubt that crypto is an investment asset that is not promising and at times may be lost. Their fear is that they do not want to invest in crypto.
gurang
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June 02, 2018, 04:39:51 AM
 #322

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
Maybe the reasons they are not investing do not know what to do here and they are not interested or they do not look good here or maybe they are negative about their ideas so they can not invest in those reasons.
camelson
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June 02, 2018, 04:44:46 AM
 #323

I think that this is a question of the very nature of man. The basis of distrust is fear. so that new and something unknown scares. Over time the situation should be corrected)
until today in the world and so there were quite a lot of financial pyramids, because of which many people lost their means. That's why people have a fear of possible fraud. and another important fact, which negatively affects the current situation, is the investment in Bitcoin in 2017. Today, these investors probably regret their contributions.

I think is Fraud is one factor in this regard. Major factor is the volatility of the crypto market, any news will have its effect on the market. And another reason is of course the bitcoin pump in December 2017, most of the new investors invested at that time and they are already in a huge loose so no one really willing to invest in crypto right now.  May be in near future people invest in crypto.
alvinmtp
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June 02, 2018, 04:47:28 AM
 #324

number one reason why people do not want to invest in crypto is that they have little or no knowledge about cryptocurrency and you cannot invest in something you do not know. secondly, I have discovered that a lot of people are afraid of losing their money and this has made them stop giving crypto investment a trial. thirdly, the previous failure is another reason why people do not want to invest in crypto anymore. trading crypto involves a lot of risks. in fact, there is just a little difference between gabbling and trading
yndye
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June 02, 2018, 05:05:45 AM
 #325

number one reason why people do not want to invest in crypto is that they have little or no knowledge about cryptocurrency and you cannot invest in something you do not know. secondly, I have discovered that a lot of people are afraid of losing their money and this has made them stop giving crypto investment a trial. thirdly, the previous failure is another reason why people do not want to invest in crypto anymore. trading crypto involves a lot of risks. in fact, there is just a little difference between gabbling and trading

Most of the people do not want to be involved in something that is not regulated because they immediately presumed that it is scam. In fact, when we have business transactions to someone and it involves a large amount of money, we would find a business license/permit first before proceeding with the transaction to see if it is legitimate and if they can't show anything then I would assume they cannot be trusted. The same would apply to cryptocurrencies. People wouldn't want to take the risk of investing into something that is unregulated because they cannot held someone responsible in case they would lost their investment.

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btsjungkook
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June 02, 2018, 05:12:27 AM
 #326

The reason why people do not want to invest in crypto. Because others do not know enough about the world of crypto and he also does not have time about it to study it so they ignore it.
change7
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June 02, 2018, 06:10:54 AM
 #327

Most investors in cryptocurrency are not investing because it is the currency of the future rather what get their interest is the rapid increase in the cryptocurrency market and huge rise in price in cryptocurrency. Following the rise in price of cryptocurrency over the years is the reason why people want to invest in cryptocurrency. In November 28 when the price of bitcoin of bitcoin hit $10000 dollars for the first time thing got out of hand as people become more interested to invest.
poplolnman
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June 02, 2018, 07:02:27 AM
 #328

I think that this is a question of the very nature of man. The basis of distrust is fear. so that new and something unknown scares. Over time the situation should be corrected)
That's normal yeah , to feel and consider something wild called decentralized where there's no authority could make any regulation . That's why some people even still consider crypto space just another biggest lie and scam ever created instead think that it's a new big thing that could change the world in the future.

I'm in 400,000 euros debt , dont help me , i rather die
pelipurlara
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June 05, 2018, 06:30:35 AM
 #329

Because Crypto is now too risky, they can take away your capital at any time, the market is uncertain, prices fluctuate no one can predict their upward trend. So people are afraid to join Crypto.

they think bitcoin will make them lose money and they do not believe that business in bitcoin will be profitable so they do not want to speculate so there are some people who do not like bitcoin and they do not want to invest in bitcoin
Clark05
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June 05, 2018, 07:15:15 AM
 #330

There's a lot pf reason why most of the people did not want to invest to crypto, because they did not want to lose their money because earning moneh is not easy to earn in real job you need to work upto 8 hours to get paid and after that you are tired. Other reason is most of the onlines business is scam but bitcoin is fullu legiy and trusted. They need to open their mind for bitcoin to earn money.
manggis97
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June 05, 2018, 09:20:48 AM
 #331

People around me prefer doing traditional gambling than make invest in crypto,  because they think make invest in crypto the same like gambling and hard to understand  how to start. They just thinking make money online is fraud and they will lose all their money. They does not understand what is blockchain technology and what the advantages of it.

vividbery
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June 05, 2018, 09:42:57 AM
 #332

People dont want to invest in crypto because they are afraid that crypto is something new, there is no certainty of success, no clear rules about crypto, risks will be borne alone and susceptibility to the hacker.
ov3rflow9x
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June 05, 2018, 10:58:59 AM
 #333

Nobody don't want to risk their real money in such unstable conditions, some other people just have wrong and fake ideas about bitcoin and cryptocurrencies in general..
ironman2014
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June 05, 2018, 11:38:49 AM
 #334

I believe that the first and the most recent is their fear for unknown  people are always fearing the things they did not experience before

sabarr
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June 05, 2018, 12:22:11 PM
 #335

many reasons why people do not want to invest in crypto, one of the reasons is the crypto currency which is a digital currency and has a high risk so they do not want to take the risk to be a loss
kwabeedat
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June 05, 2018, 12:26:59 PM
 #336

Many people are such that they never succumb to learn about new things. Thay are always doubting any new invention and with such people, they'll be very difficult to invest in crypto. Also as you said, tax situations are not clear and people keep on becoming skeptical, let's see what the future holds for us and crypto investments
ordeath
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June 05, 2018, 12:32:54 PM
 #337

In my neighbourhood TV and government is forcing people to think that cryptocurrencies is something bad and risky
green_fish
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June 05, 2018, 01:19:20 PM
 #338

The main reason why you do not want to invest in cryptocurrencies may be that cryptocurrencies are too volatile and too risky. When one mentions cryptocurrency, it is easy to associate it with money laundering. It is believed that cryptocurrency is an illegal transaction and that cryptocurrency is a scam!
leostrong.mo
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June 05, 2018, 01:21:57 PM
 #339

It is difficult for many people to understand cryptocurrencies and blockchains! Because cryptocurrency is new after all, it is still a niche compared to other investments!
People don't want to invest money in things they don't understand!
weiweianll
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June 05, 2018, 01:28:34 PM
 #340

Maybe many people think that cryptocurrencies are virtual. There is no real economy to do credit guarantees for them. They do not understand cryptocurrencies and they dare not invest in them!
Also some media negative reports on cryptocurrencies have influenced people's judgments!
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