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

[maiduytrinh]

Some people around do not invest in crypto because they do not believe in high profits such as 10 times the profit in a month. They think all that is just fraud and they will lose their money. Most people who are afraid of investing in electronic money do not have enough knowledge about how they operate and how they protect their money. They for hackers because electronic money is money online. Generally investing in Crypto is not easy and many people are afraid it is too difficult

[vallytech]

By experience I will say why some people are afraid to invest in cryptos is because of some experience other people have had with cryptos, I know a friend who is afraid to invest in cryptos because of the crypto crash that happened this year, seeing bitcoin dip from 20k to about 4k.

[WhiteShum]

Is afraid to invest in the crypto currency only the one who does not have money, believe people rich have already bought bitcoin

[organelles]

I really can't blame them. I mean look at what you listed out OP, that alone is enough to discourage anyone who does not understand what cryptos are and I think that is why we don't have as much new comers as we would like. The reality still remains that not everyone likes to take risks, and with cryptos its like the risk that you put your money into just multiplies.

[nomenclatur]

The fear actually arises because of ignorance or lack of knowledge about crypto,
if the person really understands the crypto of course they will not be afraid to invest

[VasiloviKola]

There are two main reasons now, first is the recent crisis at the market, as the prices are down and people afraid to invest. And the second is the scam projects, so many scams, and investors do not know trust new coins or not.

[adamakk]

Most often people lose their money from lack of knowledge and experience.
And then they are afraid to invest again!

[santaroom]

The main reason is that the unknown scares people. They are afraid to invest in a little-known industry for them, which is not insured

[bulgar_84]

There is much people who lost money in crypto, for example if you buy btc and altcoins at january, probably you lost your money %60-70 minimum, so people afraid normally.

[xKillMooR]

Maybe of prices which are rising and falling constantly, this could be the reason

[Karolina26]

They are afraid because it is very unstable and investing money in virtual can be quite cold-blooded people, or if, for example, they have earned altos on the bounty

[Behene]

afraid because not so familiar with the world crypto currency and how it works and see the fluctuating prices cause their own fears

[campusnet]

simple, because crypto is a very risky investment. the risks are even greater than on investment property and gold. moving crypto market very quickly was that made everyone afraid of investing crypto.

[Nikolas_the_Wonderworker]

95% of people of working age do not understand anything in cryptography, because crypto is in a semi-legal position and the society's cryptography is not welcomed or funded by governments. Most people do not invest money in coins, because they do not know how to do it. If students and students were introduced to the academic discipline of cryptography (including how to invest and how to deduce tokens and altcoyins), investment flows increased by 950%. The illiteracy of the world's population is the main reason for fear of investing in crypto.

[Mutuwenge]

The only risk I think it's there is that of investing in a bounty campaign buy engaging In the token sell of the project... Probably the listing price maybe lower than ICO price, and this bring loss...

[[BosS]]

I think that the negative reaction of people and their fear of crypto-currencies is largely due to negative feedback associated with obtaining information about negative transactions or simply user failures. Plus the means of mass information are much more readily served serve negative.

[coinic]

The only risk I think it's there is that of investing in a bounty campaign buy engaging In the token sell of the project... Probably the listing price maybe lower than ICO price, and this bring loss...

As you can look through it's market the prices is unstable which it has a chances to loss or gains but as long as you've already had a strong hand to hodl and good strategies you can able to earn good profits.They are afraid also to the issues about cryptocurrencies.

[Belvis]

 lack of knowledge about crypto currencies... and with that i said all!

[MoeKaloolon]

There are many reasons why anyone wouldn't want to invest in cryptocurrency. First off, their interests. There are people who technology aren't exactly their thing, or do not find things related to it interesting, so they might not want to venture into it. Also the fear that they might be exposed to losing their money might scare them off.

[Mery Gason]

Crypto currency will definitely improve our world. But the expected changes are waiting for us in 3-5 years! While everything is in the process of origin!