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Author Topic: Why do people/users are afraid to invest in Crypto?  (Read 3533 times)
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August 04, 2018, 06:33:06 PM
 #121

You all rightly say. And I believe that anyone who is afraid of losing their means should not climb here. You need to invest an amount that does not mind

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August 04, 2018, 06:37:25 PM
 #122

Major reason I think why people are afraid to invest in crypto is because of several reported cases of fake ICOs and exit scams thereby they know they might be victim.
To avoid being hacked one have to be extra cautious by handling private keys because these hackers are getting smarter everyday
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August 04, 2018, 06:38:33 PM
 #123

People still do not get used to blockchain. There are very few authorities who will apply when their money goes. This is not more fear, but insecurity.

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August 04, 2018, 06:42:58 PM
 #124

Because it is still an unknown market, it takes time for many people to join this market ! of course frightens most volatilnosti

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August 04, 2018, 07:30:27 PM
 #125

Rather, they are afraid of entering into a new field like crypto. Moreover, the market fluctuates too much, I think it is very harsh. You know, our accounts can evaporate 20-30% overnight. Too scary.
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August 08, 2018, 11:58:57 AM
 #126

I am sure that it is actual because they don't know details of crypto's processes and it is very difficult to make them learnt it. This cycle is closed.
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August 08, 2018, 12:03:00 PM
 #127

Market is very young and very unpredictable. It is normal to afraid invest money in something new with unknown rules and behavior. I think in 2-3 years situation will change.

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August 12, 2018, 11:14:52 PM
 #128

It may need to do with the way that digital forms of money are extremely unstable, not many individuals can deal with seeing the costs of their speculations change such a great amount in such a brief timeframe. Many individuals still imagine that digital currencies are a trick which isn't valid. This is something that is frightening them off from cryptos, they don't comprehend what it is so they would prefer not to go for broke with it.
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August 13, 2018, 12:54:43 PM
 #129

Most people are afraid to invest because of the high volatility of the market and in connection with this they say that this is a bubble that will soon burst.
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August 13, 2018, 02:09:46 PM
 #130

One reason why some are afraid to invest in crypto is they fear what they don't understand. Aside from that, cryptocurrency cannot be held in our hands. The usual method of exchange is through paper money or coins. But in cryptos exchanges are made in computers where they exists. It also has a tendency to lose its value. And is considered illegal in some countries.

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August 13, 2018, 02:34:35 PM
 #131

indeed many people are afraid to invest in the crypto world because of some things such as lack of knowledge about the market, the amount of bad news about losing capital due to hackers, but all that can be prevented by keeping the private key from the wallet used
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August 13, 2018, 02:43:03 PM
 #132

Course people are afraid of all unknown!
Crypto is a future, in my opinion, and soon everyone will understand it 
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August 13, 2018, 02:52:51 PM
 #133

Most probably they are scared to invest in cryptocurrency because they lack the knowledge in doing such transaction and they cannot gamble the risk of losing such hard earned savings or money. Being in cryptocurrency requires a lot of patience and hardwork plus bundle of determinations.

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August 13, 2018, 03:04:56 PM
 #134

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.
what you say is true too. people are afraid to invest in crypto because they don't know crypto too deeply. all they know from news is not from experience, so it's reluctant to invest in crypto. that is what is very unfortunate because judging from the outside open it.



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August 13, 2018, 03:13:38 PM
 #135

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.

In my opinion, the biggest reason people are afraid of investing in the crypto market is that they simply do not understand what the crypto currencies are. Every new thing has a fear in people. This is inherent in the nature of every man.

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August 13, 2018, 03:25:44 PM
 #136

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.

Very useful information. Those five factors are very important to note for everyone in crypto. Negative news and issues are those that can spread easily and we must be able to pick the right issues positively. However, i also believe that the crypto is still a worthy investment. SO, why should be afraid? Just be patient and make a certain strategy in order to gain more and more profits and benefits in crypto.

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August 15, 2018, 05:49:49 AM
 #137

I suppose that the general reason for this is their not be able to recognise crypto as a modern world's wide technology and that's why they don't trust it.

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August 18, 2018, 04:18:52 PM
 #138

There are numerous reasons individuals fear putting resources into cryptos, which is because of hazard, dread of venture will be lost by the conversion standard increment or lessening. What's more, now there is a great deal of antagonistic news about cryptographic money that makes individuals wary about its potential. So the cryptos are not yet well known, and individuals are extremely incredulous about the capability of this market.
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August 19, 2018, 10:57:29 AM
 #139

To invest in crypto, one should has enough craze for tech. Those who do not know enough about this world, he will be afraid of it. And also I agree with the author.
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August 21, 2018, 07:39:09 AM
 #140

because they can be sure in something that they can to realise and that's why they are afraid of losing money. I suppose that crypto will be more clear soon for people.

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