Why do people/users are afraid to invest in Crypto?

[bling-bling]

There are many things most likely to consider whenever you're investing money in crypto..

These are:
1. Volatility of the Market.
2. They don't have the knowledge about crypto.
3. Negative news that they see or hear in social media/TV Media.
4. They were scammed and afraid to invest again.
5. Threats of hackers in the internet.

But users can also protect their computer from hackers by using:
1. Virtual Private Network for Internet Protocol
2. MetaMask Wallet
3. Not saving any private keys in your PC.

You have stated the major reasons why people are afraid or reluctant into investing with crypto. But it would boil down into one simple reason, and that is ignorance. Some people just refuse to educate themselves because they wanna rush into everything. And they would most probably fail because of this attitude. Ignorance is deadly. I bet many of us here have proven it to themselves...

[Pintadj]

Its not stable to invest..people are looking for something safer ..crypto will blow in next 2-3 years..

[sammyp]

ICOs in recent times have become a means for the wicked to extort people. ICOs used to be very real but now they are just too many with about 80% likely not to reach their soft cap. All these contribute to the reasons why people are feeling reluctant to invest in ICOs.

[echodike]

I think there is one missing why people are afraid to invest in crypto? you did not mention regulations, it is true that countries of the world have banned cryptos in their country and it could be one of the reason some people are afraid.

[Dexion]

public who do not know the technology and public fear become the main factor the public does not want to invest in crypto.

they are afraid of losing their capital, crypto volatility is not to be predicted. every analysis does not answer all their fears.

I think, we will not force them, a bull market is a chance to make them sure.

[OmarGsPools]

Most people stick to their stereotyped habits during their lifetime, in this context fiat money is a habit. The world of crypto is an unknown world that is still beyond most people's dreams.

[Retro6]

Its not stable to invest..people are looking for something safer ..crypto will blow in next 2-3 years..

I don't necessarily think this is the case. There are many ways to invest "safely" but ultimately your return will reflect your approach. Investors who understand the risk/reward ratio love BTC because of the volatility. Many many people cleaned up last year, and so far this year the price may have dropped but has remained quite stable for months now. The price stability has caused many speculators to decide crypto is dead. FUD is invasive unfortunately.

Personally i cannot wait to use crypto on a daily basis to pay for coffee and bread, and whilst investors may not see the returns they once did, our society will be all the better for it.

Crypto4Life!

[Harriti]

There are many reasons people are afraid of investing in cryptos, which is due to risk, fear of investment will be lost by the exchange rate increase or decrease. And now there is a lot of negative news about cryptocurrency that makes people skeptical about its potential. So the cryptos are not yet famous, and people are very skeptical about the potential of this market.

[cikey]

Yes, I basically agree with your thoughts, and then I want to know how it helps to summarize them?

[Bayonetto]

Well, cryptocurrency market has gained the reputation of being too risky and volatile for the average person to invest in, they rather opt for a simple full time job.

[Skizzewizzie]

It should lol it deserves it, we still have an abnormal amount of regulatory issues, much of illegal activity still involved with btc(but people coming to terms about the good/bad of each society), and also the massive learning curve. For instance; Smartphones, Insane technology improvement right? We don’t know how the software is coded, neither do we know any bit of the inner materials or workings of the phones, But everyone uses it like its piece of cake. We’re still at the stage of no companies yet to delivering a product easy enough to use and be mass adopted

[montgolfier]

There are a lot of people that consider bitcoin as a risky thing because the price of almost all the coins have been dropping by a lot, and it is true, but most people think that it will always be like that, and this is not the true, and it will never be. It will always recover, no matter what

[Arlibtchunt2018]

There are many things most likely to consider whenever you're investing money in crypto..

These are:
1. Volatility of the Market.
2. They don't have the knowledge about crypto.
3. Negative news that they see or hear in social media/TV Media.
4. They were scammed and afraid to invest again.
5. Threats of hackers in the internet.

But users can also protect their computer from hackers by using:
1. Virtual Private Network for Internet Protocol
2. MetaMask Wallet
3. Not saving any private keys in your PC.

You are indeed right mate. A situation like this is not favorable for the user if they don't have someone who could guide them. The guidance that has to be taken slowly inorder for the user to have full knowledge about crypto.

[bhordz357]

It is true that there are ways to protect yourself from losing money in crypto, but we can't always predict the right price movement, the hackers also getting smarter and smarter, and not all people understand the technical things and even with all the speculation and knowledge, crypto still a risky investment

Of course,people still afraid to invest due to market volatility. Crypto market can change value with in an hour with a big fluctuation. That's it is very risky to invest and for some people that's reason for not gambling their investment.

[hani1929]

I agree with you, there are many reasons why people afraid in investing crypto but if you have enough knowledge about it then you will never get afraid in investing crypto, youre right about protecting your computers from hackers especially not storing your private keys from your computer, but what about the exchange and other site that you've invested especially if you do trading. Your accounts from exchange are vulnerable because of this hackers that can steal money from exchanges

[Xising]

There are many things most likely to consider whenever you're investing money in crypto..

These are:
1. Volatility of the Market.
2. They don't have the knowledge about crypto.
3. Negative news that they see or hear in social media/TV Media.
4. They were scammed and afraid to invest again.
5. Threats of hackers in the internet.

But users can also protect their computer from hackers by using:
1. Virtual Private Network for Internet Protocol
2. MetaMask Wallet
3. Not saving any private keys in your PC.

I agree. I think to sum it up, it's because of the negative things, news and happenings that swirl around the cryptocurrency market day in and day out. For a person, especially for a newbie or starter, it's hard to rely on something, most especially when money or capital is involved that everyone says as either a bad business to be in or a scheme that would only make people lose their investments. The image it has with people, coming from the many losses many have encountered in it, really has struck fear into the hearts of those who wants to try it, thus, making them back-out and kill the interest.

[ichi ocha]

probably because CRypto is now in a state of unfavorable then from this skewers many users are afraid to invest and prefer to hold their altcoin until the price of crypto is stable and can get a good profit because of a few weeks ago until now this price of crypto and crypto market not yet up

[Teraboy]

There are a lot of people that consider bitcoin as a risky thing because the price of almost all the coins have been dropping by a lot, and it is true, but most people think that it will always be like that, and this is not the true, and it will never be. It will always recover, no matter what

There is an important thing for those are never playing on this speculator markets. If you are wanna playing at this place and they should agree with the volatility. I meant there was a lot of people just blame it after their portfolios are dropping a lot from their initial funds. Those are lack of knowledge about that must never join on this place.

[SindiRokRok]

because of the many risks that must be faced when joining the crypto. people are already chasing the risk before joining, it makes them become negative thinking about crypto. if a lot of risk means there will be a lot of money lost maybe they think like that.

[hyriyum]

Since they knew about some news about financial specialists who were putting into tricks ventures. In any case, our part as financial specialists is to be aware of the authenticity and business conspire. We ought not be covetous of moment high payouts. We ought to consider a business that give satisfactory benefits. We should not get pyramiding plans to keep away from trick.