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Author Topic: Why do people/users are afraid to invest in Crypto?  (Read 3586 times)
AMdemzzy072
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September 13, 2018, 09:40:17 PM
 #181

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 sited above are majorly the reasons why people tend to be afraid of investment their hard earned money into crypto.
blackhawkeye1912
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September 13, 2018, 09:48:09 PM
 #182

Cryptocurrency market is very unpredictable because it is very volatile. Your startegy should be flexible enough to suit every situation. Like for example, you can earn profit during this down market by doing buy the dips and then sell when gains. Now doing this repeatedly will give you gains not that big but accumulate those small gains will make it big.
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September 13, 2018, 10:02:28 PM
 #183

Even God himself does not tell you how the market will behave. So what should not be feared? Obviously! An ordinary person, say, like me, went into an unknown routine, where it would seem probable ... But no, this is a system built for years, someone who influences the market makes money. Hence the question: how can you not be afraid of the fact that the person in his head influences the market?

btcdevil
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September 13, 2018, 10:05:45 PM
 #184

What OP pointed are the main points which are making afraid to invest in crypto to most of the peoples, only who are ready to take risk can only join or invest in crypto. Simple people are happy with their low income salary and with the bank fixed deposit.
RyanDMC
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September 13, 2018, 10:11:06 PM
 #185

Probably lack of knowledge about the cryptocurrency market, something that you can find on every cornet of the internet but is definitely hard to get into and even more difficult to master.
arthur305
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September 13, 2018, 10:12:30 PM
 #186

I believe most people are skeptical about investing in cryptocurrency because of the high volatility the cryptocurrency market is experiencing and definitely the manipulation happening in the market as well.
minime0105
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September 13, 2018, 10:14:30 PM
 #187

The answer is relatively simple. The market is in ruin, one bad news and the market is brought down by 10% people panic and start selling their coins with exchanges being hit by large amounts of dumped coins/tokens.
piaomar
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September 14, 2018, 06:38:09 AM
 #188

basically, the risk that we received is our own fault. in the world of cryptocurrency, we must be more patient and careful. if we hurry, then we will get a risk, like a big loss. besides, we also don't be easily affected by the negative news, we must keep believe and be patient, so we can get what we want.

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ghagz2016
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September 14, 2018, 06:48:03 AM
 #189

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.
Most people are afraid to invest in crypto because the market is not stable,you can't predict the price if it is goes down or up. Just like what happen now in the market its all red, it's very risky.
oxidoreductase
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September 14, 2018, 06:49:39 AM
 #190

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.
Well, i think people is afraid to invest in cryptocurrency because of rumors that cryptocurrency is a scam. That is why they do not believe on it. But they do not know what it can do to their lives.
cocal
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September 14, 2018, 06:53:13 AM
 #191

Because everyone knows that cryptocurrency is profitable, but the risks are huge. If you don't find a valuable coin, you get a loss or even a loss.
Nikolas_the_Wonderworker
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September 14, 2018, 02:18:07 PM
Merited by gerjiss (1)
 #192

97% of people of working age do not understand anything in cryptography and the society's cryptography is not welcomed and is not 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 taught a subject about cryptography, then investments would increase by a lot. The ignorance of people by crypto-head reason for fear of investing in crypto.
gabmen
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September 14, 2018, 04:52:46 PM
 #193

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.
Well, i think people is afraid to invest in cryptocurrency because of rumors that cryptocurrency is a scam. That is why they do not believe on it. But they do not know what it can do to their lives.

It's given that mainstream media sees crypto as a platform for scammers to get your money simply because they don't know much about it, same as those who believe them. Being educated is the best answer to any fear or doubts that keeps you from expanding your horizon.

 
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Accts4u2
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September 15, 2018, 04:40:36 AM
 #194

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.

Mostly I think that people are afraid of investing in crypto because of the normal fear that we all have, which is losing their money. People see how much the price of bitcoin fluctuates, how easily the price can crash and not everyone can deal with something like that. I understand that knowledge might make them invest but it is just mainly the fear of losing their coins that makes them not want to invest.

Mrs Juli
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September 15, 2018, 04:51:19 AM
 #195

Some of the reasons why people are investing in cryptocurrency is that the future of crypto is not predictable and many believe that cryptocurrency is a scam.
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September 15, 2018, 05:30:20 AM
 #196

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 really agree with your opinion for number 1, Volatility of the Market. with that they do not dare to invest their money in crypto currencies because the risk is too high

castiloros
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September 15, 2018, 05:36:41 AM
 #197

large fluctuations and the scam that is quite often the main problem why many don't like the crypto. in fact, this could be overcome by a more knowledgeable. but many are ignoring this thing so entered in the crypto without having the knowledge and confidence that is sure.
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September 15, 2018, 05:40:01 AM
 #198

personally I think that people are afraid to invest because they do not fully believe in the crypto currency. Or do not trust her.

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rabia_laskor
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September 15, 2018, 05:46:00 AM
 #199

I agree with you. Besides these, there are more reasons why people got afraid. The big reason is the current crypto market performance. But If the market goes up again, then you will see what will be happened and the market where will be reached.
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September 15, 2018, 05:57:33 AM
 #200

for us they are afraid to invest in crypto. I think they will be afraid of losing their money, and their assumption is fraud. So for them they will also be afraid to use it.
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