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Author Topic: The reason people do not want to invest in crypto  (Read 18898 times)
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May 27, 2019, 09:51:49 PM
 #781

People are playing safe since 2018 until today there are still shit ICOs that won't benefit investors. Instead growing up their income it goes down and the ROI becoming close to negative 99% until nothing is left. People making sure that a certain year is the best time to invest again just like 2016 I guess.
They play safe, but from April till now price is double up, what this safe players have to say now? And what is that safe? In last 10 years bitcoin and cryptocurrencies are the best possible investment that someone can make, long or short, there were good moments for both. And where are we now, and where we going to be in just few years? This market has a huge potential, and its better to risk at least something than to miss this great opportunity.



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May 28, 2019, 06:07:46 AM
 #782

People are playing safe since 2018 until today there are still shit ICOs that won't benefit investors. Instead growing up their income it goes down and the ROI becoming close to negative 99% until nothing is left. People making sure that a certain year is the best time to invest again just like 2016 I guess.
We know that because people are not anymore buying ICO tokens, and therefore investors are doubting its future.
But it's alright, the market has to move and improve, the IEO although it's not easy to participate but the potential to earn profit in short term is possible.
Actually there will be more good news to come in the crypto market, eventually it will help to improve the market and maybe a new way of crowd funding will be introduce, that is something beneficial to small investors as well, similar to ICO but more secured I guess.

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May 28, 2019, 08:46:26 AM
 #783

Top reasons for me why people don’t invest in crypto:
1) They afraid to loose their money.
2) They don’t know anything about crypto world.
3) Many people think it’s a kind of financial pyramid
4) They don’t invest at all Smiley
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May 28, 2019, 10:46:03 AM
 #784

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.

Investing is like a gambling games, which you are willing to loss your capital investment. As a player or trader especially if you are a
neophyte, most the feelings of this level of people are depending or relying their capital to their luck even they don't have any idea or knowledge about what they are trying to investing in, were what they are doing was like a punch in the moon.
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May 29, 2019, 01:37:17 AM
 #785

Many people are stopped by fear. They are afraid of losing their money. But when the course grows, they regret not having bought it before. This was noticeable at the end of 2017. Soon, when Bitcoin rises again in price, many people will say the same
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May 29, 2019, 01:49:39 AM
 #786

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 best reason is you can make more money with them. You can x2 x3 even x10 your property in a day or you can lose every thing. The higher the risk, the higher the profit.

nothing in here!
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May 29, 2019, 05:35:34 AM
 #787

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.

Investing is like a gambling games, which you are willing to loss your capital investment. As a player or trader especially if you are a
neophyte, most the feelings of this level of people are depending or relying their capital to their luck even they don't have any idea or knowledge about what they are trying to investing in, were what they are doing was like a punch in the moon.
indeed many think that investing in crypto is like gambling. especially with large fluctuations, allowing people to experience a decline in assets in an instant. moreover they are less knowledgeable in the crypto world
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May 29, 2019, 05:42:34 AM
 #788

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.

Investing is like a gambling games, which you are willing to loss your capital investment. As a player or trader especially if you are a
neophyte, most the feelings of this level of people are depending or relying their capital to their luck even they don't have any idea or knowledge about what they are trying to investing in, were what they are doing was like a punch in the moon.
There is no point in to get from your statement as you have compared investment with gambling which is totally wrong. However, the risk factor involves but gambling is something else and investment in reliable sources is something else. Don’t invest if you don’t have any idea about a particular source try to learn about it first only then you would be able to go through overall process and will not give the feeling of you are gambling.
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May 29, 2019, 06:45:30 AM
 #789

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.

Investing is like a gambling games, which you are willing to loss your capital investment. As a player or trader especially if you are a
neophyte, most the feelings of this level of people are depending or relying their capital to their luck even they don't have any idea or knowledge about what they are trying to investing in, were what they are doing was like a punch in the moon.
I don't think like that because gambling and investing/trading is really different. You must have a long time to know and understood the strategy of trading because it's very complicated. Whilst gambling, you only have a few time to know and understood how the game rule and how you can get profit from it. When I start to learn how to invest and also to trade I must have a long time to know it and till now I still use my time to learn it. And there is many factor which can make the strategy that I learn is not relevan to the price movement in other word I got lost from it but I can make it as an experience so as if I find this case again I'll know how to deal with it. But when you gamble, there is no history repeat itself because it's not the lucky thing.
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May 29, 2019, 01:55:51 PM
 #790

Many people are stopped by fear. They are afraid of losing their money. But when the course grows, they regret not having bought it before. This was noticeable at the end of 2017. Soon, when Bitcoin rises again in price, many people will say the same
the main reason might be that many ICOs were scam, and began to spread bad news about it. well, this happened when in 2018. people's interest might decrease after that. now that there has been a recovery in the crypto world, hopefully it will get better.


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May 29, 2019, 02:30:41 PM
 #791

The top reason that I see people not wanting to invest in crypto-currency is that it is basically gambling. It is like gambling on a new high stakes game that nobody really knows all of the rules yet.
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May 30, 2019, 06:20:31 AM
 #792

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 best reason is you can make more money with them. You can x2 x3 even x10 your property in a day or you can lose every thing. The higher the risk, the higher the profit.
No one is that much intelligent like you, they are not good at generating profit with 10x in a very short time. Many people are investing in the crypto coins but they don’t know how to finish it up with utmost profit possibility. Just as you are excited about it others are also exited but it won’t work until you don’t get the experience and proper knowledge. If they don’t do so and start it in improper way will result in loss and hence they don’t invest then with the perception that crypto does not work.
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May 30, 2019, 12:10:06 PM
 #793

Yes, I agree with you. People do not want to invest in crypto for this reason. There are also some reasons for which people are reluctant to invest in Bitcoin.
As mentioned below

1. There is no proper knowledge about the crypto
2. Lack of complete faith in the cryptocurrency
3. Unwillingness to take risks
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May 30, 2019, 12:19:38 PM
 #794

Doubt and also they have no knowledge of cryptocurrency. most of them have read negative issues or risk risks in cryptocurrency, making them not invest in cryptocurrency. there must be easy knowledge for those who are still new,this is important because now there are so many people who have benefited from cryptocurrency
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May 30, 2019, 01:53:23 PM
 #795

Maybe people don't want to invest on crypto because they are closed minded, poor of knowledge in crypto, thinking crypto is a kind
ponzi scheme, and lastly they are fear or afraid to loss their capital.
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May 30, 2019, 05:29:43 PM
 #796

They have been brainwashed with the rumors that crypto has been largely used for crime such as buying drugs and funding terrorism. Where literally you can do that with cash too, as long as these rumors still spreading, they will think crypto as they know currently unless they are interested to learn.

It cannot be the main reason for their hesitation. They simply do not want to lose money if the crypto market falls the next time. People are not eager to risk anymore, and it is clear - they work too hard to lose everything fast.
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May 30, 2019, 05:54:00 PM
 #797

I think that the biggest reason why they do not trust crypto is because they feel insecure, they often believe that it is a lie, that this kind of economy does not exist and that it can not be brought to real life. For many people this is usually the way out for their economic problems but for others it is usually the easiest way to increase or lose their capital.

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May 31, 2019, 05:25:26 AM
 #798

Yes, I agree with you. People do not want to invest in crypto for this reason. There are also some reasons for which people are reluctant to invest in Bitcoin.
As mentioned below

1. There is no proper knowledge about the crypto
2. Lack of complete faith in the cryptocurrency
3. Unwillingness to take risks

Yes, you are mostly based on the ICO's because we don't know whether they developed the products when they mentioned in roadmap after the crowd sales. Already we have faced many companies failed to develop the actual product after successfully raising the money.
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June 02, 2019, 06:33:34 AM
 #799

And the reason he didn't invest in the crypto world was because he didn't know what crypto was and he also didn't want to judge it, and if he understood crypto I was sure he would join us

If Crypto is definitely here to stay, let still have hopes and as well keep fingers crossed and imagine in 5 years to come where Crypto will lead us to.
If we have no confidence on crypto then there is no need to invest on crypto and many people which has not confidence on crypto and that's why there are away  from investing on crypto and/or they do not want to invest on crypto.
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June 02, 2019, 07:02:14 AM
 #800

If a person not ready to take the risk in his life then the investment earn cryptocurrency is totally not suitable for him because everyone wants to leave their life 100% safe and Secure but some of the people who wanted to become a rich person like taking risk is suitable for Crypto field.

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