The reason people do not want to invest in crypto

[NorihiroName]

I think that most potential investors now are scared by crisis of this year, it looks like it is absolutely impossible to get any profits atm.

[kotajikikox]

Here is my own opinion why people do not want to invest in crypto
1. Didn't understand well the importance of cryptocurrency as digital currency using blockchain
2. Because of lack of understanding they scared to invest
3. Some people spcecially the olders didn't understand the potential of new technology

[Question123]

They have doubt for sure to lose their money that they have right now. We don't know the real reason and for sure of that they have different opinion , thoughts and doubt why they did not invest to cryptocurrency. But once they see the real potential of crypto maybe they will change their mind and they will invest no.

[ruski]

Many people around the world still don't have real facts about cryptocurrencies, and as a result they have many doubts about this digital currencies. They don't want to invest in crypto, because they think the risk of losing will become really high.

[keykey1]

They have doubt for sure to lose their money that they have right now. We don't know the real reason and for sure of that they have different opinion , thoughts and doubt why they did not invest to cryptocurrency. But once they see the real potential of crypto maybe they will change their mind and they will invest no.

These people believe the bad news about the cryptocurrencies. They think that all the guys, who invest their money in the cryptos (Bitcoin or the tokens), finally become losers. Thus, they stay away from trading.

[SarahAfiah]

some people say that crypto is a detrimental investment and my country even forbids crypto because they think that crypto is one way to multiply money and is totally unusual. crypto technology is not yet 100% implemented either because everything is still a prototype so it will be difficult to make people invest in crypto even though there are many possibilities there will be investors who invest their money in crypto

[namcunguyen]

I am a believer in cryptocurrency. Crypto is a very risky investment but also very profitable. If you can only afford buy two Bitcoin with 1% of your property, go for buy it. But many people do not want to invest in Bitcoin because it is risky and they do not like to risk.

[Siren]

The volatility of the bitcoin is one of the reason why people have fear to make investment with bitcoins. They know that they can lose their money if they do not have sufficient knowledge about cryptocurrencies.

If that people is capable of learning that ideas then for sure he know also how this can give him profit so thats not the main reason why people dont want to invest in cryptocurrency

And the biggest reason is they know nothing about the community and they are afraid of being a victim since most of them think this is just another scam via internet.thats why i wanted to make information dissemination so more and more people will know the benefits bitcoin and other cryptocurrency can give to them

[alexyong342]

understandable some people are scared, cause new tech and is getting some bad rep by main media

but its ok we'll see big adoption in near future

https://www.altcoinsidekick.com/blog/electronic-cocaine

[mudasarali43]

I think from last days the trend of the crypto market is going down day by day and that is why peoples are facing too many difficulties to earn a profit that is why I think there are a lot of peoples do not want to invest in cryptos,

[sirminesalot]

I think from last days the trend of the crypto market is going down day by day and that is why peoples are facing too many difficulties to earn a profit that is why I think there are a lot of peoples do not want to invest in cryptos,

if we go into the crypto world without investment, I think it's useless, because we are here for the sake of money and profit. everything that happens here is normal and why we should be afraid of it. prices go down and the market is not stable that's the risk here but we can deal with it if we are patient, everything we do certainly has risks.

[kagawawa]

Perhaps it is feared that Bitcoin would be banned from goverments. And fear of the rapid price fluctuation of the market. Besides people are afraid of
 Bitcoin unmanaged and difficult to control the situation which can make psychological factors spread.

[waitforme]

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.

Blockchain is being applied in practice when many large companies adopt it as a storage solution for information and other dynamic activities. It's straightforward to get involved, but it's very transparent and does not have any frauds. Crypto in another society not present in life still used as a primary form of payment. Trading floors always listed for a fixed price, so there is no need to worry about it.

[Fulmand]

I think from last days the trend of the crypto market is going down day by day and that is why peoples are facing too many difficulties to earn a profit that is why I think there are a lot of peoples do not want to invest in cryptos,

if we go into the crypto world without investment, I think it's useless, because we are here for the sake of money and profit. everything that happens here is normal and why we should be afraid of it. prices go down and the market is not stable that's the risk here but we can deal with it if we are patient, everything we do certainly has risks.

You're right everything in this world go round for money, and if we risk everything here it's all for a potential profit expectations. Most of the investors who tend to be attracted with crypto was too hesitant to be part of its growing economy depends only with speculations, and not reading the project details itself. That's the common reason why people sometimes didn't invest with crypto.

[bitbunnny]

Many people still find cryptocurrencies too risky, some even look at them as a fraud or illegal and don't want to invest because they fear to lose money.
Many also don't understand how cryptocurrencies and blockchain technology are functioning and they rather choose to avoid them.
Also lack of regulation and legal back up keeps them away from investing in crypto.
But I think this could be changed with more information and education about cryptocurrencies and blockchain and  I beleive with time this will change.

[CryptoVet0331]

Many people still find cryptocurrencies too risky, some even look at them as a fraud or illegal and don't want to invest because they fear to lose money.
Many also don't understand how cryptocurrencies and blockchain technology are functioning and they rather choose to avoid them.
Also lack of regulation and legal back up keeps them away from investing in crypto.
But I think this could be changed with more information and education about cryptocurrencies and blockchain and  I beleive with time this will change.

Yea but I mean if you're willing to take a small risk at first and you get the scripts or signals to trade then you should make your initial investment back extremely fast and then continue to trade with profits and keep multiplying.  Just my thoughts.  I am looking into different scripts and/or signals to purchase now.  If you have any input or advise on that it would be appreciated.

[mornabo]

I think from last days the trend of the crypto market is going down day by day and that is why peoples are facing too many difficulties to earn a profit that is why I think there are a lot of peoples do not want to invest in cryptos,

if we go into the crypto world without investment, I think it's useless, because we are here for the sake of money and profit. everything that happens here is normal and why we should be afraid of it. prices go down and the market is not stable that's the risk here but we can deal with it if we are patient, everything we do certainly has risks.

I think using crypto is not only for investment, many people use crypto to adopt it as a payment method and expand their market, it's not a useless.

Other than that, for people who are familiar with crypto, of course there is no problem with fluctuations, but outsiders who don't understand crypto, of course think that fluctuations will harm them. that's their obstacle why they think again to invest

[ufalo3]

Not the lack of any knowledge in this field I think. People are scared to invest in the cryptocurrencies for the reason they have a great fear to lose their money.

[davinchi]

Perhaps it is feared that Bitcoin would be banned from goverments. And fear of the rapid price fluctuation of the market. Besides people are afraid of
 Bitcoin unmanaged and difficult to control the situation which can make psychological factors spread.

Well I believe that people are still illiterate in the field of cryptocurrency and this is the thing that makes them fearful about investing in Bitcoin. This behavior simply vanishes when you are learned and have all information about Bitcoin.

Moreover, once you are able to make money in the business, it is very easy to deal the taxation because they are not going to tax you very high. So I think these are the economic factors that should not stop you from doing what your heart wants to do.

[readygoaw]

Not the lack of any knowledge in this field I think. People are scared to invest in the cryptocurrencies for the reason they have a great fear to lose their money.

Naturally - today, people hear all the time about the unlucky fellows, who lost all of their money due to the dump of the market. It scares them, and they do not want to take such risks.