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Author Topic: The reason people do not want to invest in crypto  (Read 18941 times)
frankcastle19
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April 08, 2019, 05:00:28 AM
 #661

I think the main reason is that majority of people don't understand the meaning of crypto
Abal Abal
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April 08, 2019, 06:10:57 AM
 #662

actually the reason for people to vary, and this is the reason some people I met mostly for their reasons are lack of clarity in investing in crypto besides that their future is difficult to predict and the last crypto reason is too volatile.

anggi
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April 08, 2019, 08:41:27 AM
 #663

actually the reason for people to vary, and this is the reason some people I met mostly for their reasons are lack of clarity in investing in crypto besides that their future is difficult to predict and the last crypto reason is too volatile.
most people have been disappointed that investing in crypto is wrong, and most are afraid of the risks involved. there is always a reason why they don't invest. in fact, I was also disappointed several times because investing in crypto was wrong.
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April 08, 2019, 11:21:58 AM
 #664

actually the reason for people to vary, and this is the reason some people I met mostly for their reasons are lack of clarity in investing in crypto besides that their future is difficult to predict and the last crypto reason is too volatile.
most people have been disappointed that investing in crypto is wrong, and most are afraid of the risks involved. there is always a reason why they don't invest. in fact, I was also disappointed several times because investing in crypto was wrong.
It was wrong if you're impatient and you don't see the value of it. There are ups and down in the market. You wouldn't know when and how long will the market will be going to change its direction.
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April 08, 2019, 12:36:17 PM
 #665

actually the reason for people to vary, and this is the reason some people I met mostly for their reasons are lack of clarity in investing in crypto besides that their future is difficult to predict and the last crypto reason is too volatile.
most people have been disappointed that investing in crypto is wrong, and most are afraid of the risks involved. there is always a reason why they don't invest. in fact, I was also disappointed several times because investing in crypto was wrong.

Even though people invest in the same coin, it doesn't mean that all will have the same results. Some are lucky enough because they can buy at lower prices and sell at high prices. While others might make some wrong decisions that lead to negative gains. Crypto is very volatile and I think that's the reason why some people are reluctant to invest in it.

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April 08, 2019, 04:26:58 PM
 #666

Basically because they don't understand and don't know more about crypto, and besides that there's a lot of bad news about crypto that they don't know in detail that makes them feel doubtful.
and they are also afraid of losing money if they invest in crypto, and maybe they are not interested in crypto for other reasons and there are many other reasons that make them afraid to invest.


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Viper_Unleashed
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April 08, 2019, 05:22:39 PM
 #667

A minute or even a small percentage up and down harshly effect the big whales or institutional money.That is one sole reason big investors are looking for something stable market.But crypto as it is not regulated and still mass adoption is still just a concept people fear the consequences.People need to see the bigger picture and have to believe in something which will bring revolution in near future.
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April 08, 2019, 06:35:27 PM
 #668

The main reason in my opinion is that of market volitility of crypto currency and nothing more as others could be seeing as secondary to the one I mentioned above. Although, there some set of people who find it difficult to adopt any new things in the economy.
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April 08, 2019, 06:41:19 PM
 #669

actually the reason for people to vary, and this is the reason some people I met mostly for their reasons are lack of clarity in investing in crypto besides that their future is difficult to predict and the last crypto reason is too volatile.
most people have been disappointed that investing in crypto is wrong, and most are afraid of the risks involved. there is always a reason why they don't invest. in fact, I was also disappointed several times because investing in crypto was wrong.
It was wrong if you're impatient and you don't see the value of it. There are ups and down in the market. You wouldn't know when and how long will the market will be going to change its direction.
I am not impatient because I know the coin I invested has more value it will take time it will recover, ups and down of the market gives me more chances like when the market falls I buy and when market rises I sell, so those who are not investing because market has volatile nature are at wrong because the beauty of my investment is that price will change with time and give me profit for selling high, people are involving now as they got the idea of rise and fall of the price.
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April 08, 2019, 07:06:24 PM
 #670

1. Blockchain has a long way to go to be a practical solution
Everything in this world had a long way to be an innovation Smiley.

2. Too easy to join
Being too easy to join in crypto makes it more better than any other sort of "practical solution." With these, it's easy to have more people to join cryptocurrencies.

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.
What do you mean developers does not generate revenue for their tokens? Of course they are having revenues behind their projects. First, ICO they are conducting ICO for those investors who wanted to give share for their project. And their project itself, for example that is a grocery type of business, after ICO and some investments those only "idea" projects will come to reality since they can have the startup money for their project that was gathered from investors.

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're talking about fee in here. Tax is different from fee.

Thanasis
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April 09, 2019, 04:25:15 AM
 #671

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.
People still don't have much knowledge about crypto currencies yet so it is not a big surprise if they are scared to invest but once people fimd bitcoin is more safer than fiat money common people will accept it for day to day usage as well.

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April 09, 2019, 05:25:26 AM
 #672

It is logical that any new technology will take time to adopt and the blockchain already shows many examples of use and investors are happy that they can make a profit from this
izzy13
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April 09, 2019, 05:31:42 AM
 #673

If the challenges upon security, market stability, and petntials to grow are answered, I think the greater people interest to join crypto ecosystem would also grow, and it is normal.
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April 09, 2019, 05:41:16 AM
 #674

It is logical that any new technology will take time to adopt and the blockchain already shows many examples of use and investors are happy that they can make a profit from this
blockchain tecnology didnt be new technology again.its already developt more than 10 years.and maybe in near future blockchain and bitcoin will adopted by many institution and organizations.
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April 09, 2019, 07:32:30 AM
 #675

I think that the reason why people do not want to invest in crypto currency because because of the technology gap and banal education of the population.
Cherylstar86
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April 09, 2019, 08:09:34 AM
 #676

It is logical that any new technology will take time to adopt and the blockchain already shows many examples of use and investors are happy that they can make a profit from this
blockchain tecnology didnt be new technology again.its already developt more than 10 years.and maybe in near future blockchain and bitcoin will adopted by many institution and organizations.

 Blockchain technolgy precisely developed promising and convenient for every investors who are fierce to accept loseness and endure to invest even it take more riskier. Being optimism and contingent for the great valuable outcome in return of striving and being patience from long bear trend is a good concept we have to hold for the great thrive. And for those people who do not invest in crypto are not interested on gaining profits, because if they are willing to penetrate, they have to find ways to show how eager they are to learn and take the risk to gain profits on their own work.
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April 20, 2019, 01:33:57 AM
 #677

I don't invest much in Cryptos directly but I trade on it a lot. I use FreshForex company which got both Forex and Cryptos available to trade. Why I do this is because I can sell if price go down and buy when I think it will go up. I can also close if I fear wrong decision but most direct crypto buyers will not find it easy to do what I can. So do it only with broker not direct.

Invest and trade are not same. Invest should be for a long time but for trade you do not hold that to you you will sell that once you see profit on that item. At the same time we can say invest and trading are same as you have to invest your money on the item you want to buy.
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April 20, 2019, 05:48:58 AM
 #678

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

All of these points are valid. Bitcoin is a very volatile and high-risk investment and those who are afraid or not capable of taking such a risk should rather go for assets with low volatility, such as the US treasury bonds or bullion bars.
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April 20, 2019, 06:40:11 AM
 #679

I think people want to be involved in bitcoin and there are investing in it.  I am happy that bitcoin is now attracting mainstream media and many people are becoming interested in it.  Now the volume keep increasing and so many good news are coming out.
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April 20, 2019, 06:42:51 AM
 #680

For people who don't invest in crypto, they never understand crypto well. Because for someone who knows crypto and understands it, they will invest in crypto. Those who don't invest are usually people who are easily influenced by information and they have never tried it. Even though every job has risks and for smart people, they will get something satisfying results.
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