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Author Topic: Why do people/users are afraid to invest in Crypto?  (Read 3538 times)
rhomzkie26
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November 02, 2018, 09:39:31 AM
 #281

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.

Almost all of your answered was all right and had a point, so the only tips I can give was I think because Fears , if they don't have this for sure even the person individually don't have enough knowledge about it, for sure the person will invest on it. Because, He/She doesn't care about the capital all what is important is the profit they could get from it.
KingOfWinterfell01
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November 02, 2018, 09:48:40 AM
 #282

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.

Market volatility is a doubled edged sword. Maybe there are just people who just tend to better use the market for their benefit rather than increase their losses. Cryptocurrency is pretty easy to understand and I don't there isn't a single soul not willing to learn the means.

Hudora
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November 02, 2018, 10:26:47 AM
 #283

I think that the fear will still be present in the mind of investors for some time. In order to completely stop being afraid, you need to be sure of success, and cryptocurrencies are not exactly the sphere in which you can be sure
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November 02, 2018, 12:23:23 PM
 #284

Because people do not believe in what is really possible to earn and I think that they do not believe in vain. Also, the fear of losing their money is always present, without it so far can not do, it's normal

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November 02, 2018, 01:06:57 PM
 #285

I think they have no knowledge about investing in crypto, then there are negative news that they see or hear on social media, most of them at that time they panic and sell it at cheap prices and after that they lose.

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November 02, 2018, 01:13:17 PM
 #286

They may be cheated and afraid to invest in it, but in my opinion they have to study harder before joining or being involved in the crypto world, after that they can trade in order to avoid things that can harm them.
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November 02, 2018, 02:43:32 PM
 #287

Lots of people are afraid to invest in crypto currency because lots of problematic questions they see for the last period of time. People are afraid of losses and that is why they try to wait a lot in order to see how the process is going on and how others trade, sell and so on before to invest. After that when they see the more positive sides than negative they start to invest. And lots of people do not have enough  financial level to invest, very often people even do not try to learn something sbout crypto because have not good experience in their past lives with some pyramids and thinj that crypto is something alike.
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November 02, 2018, 02:49:03 PM
 #288

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.

These are some of the basic fundamentals that newbies must know and learn. Everyone have their own responsibility to take care their own security. Unfortunately there are instances that beyond from our imagination and preparation that made fear to some of us here that result to instant leaving crypto.

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owlman
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November 02, 2018, 03:06:49 PM
 #289

investing in cryptocurrency has its advantages and disadvantages, and some people are really afraid to invest because they are not ready for many reasons, and those that you have indicated, including. This is an individual decision of each person, which must be respected.

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November 02, 2018, 03:20:57 PM
 #290

Mostly people who do not invest in cryptocurrency do not trust it, and they do not trust it for various reasons!

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swartzias
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November 02, 2018, 09:04:39 PM
 #291

I would look at you when you were offered to buy a black bag and said that there is a very cool thing and when you buy it and wait a little, you will become rich.
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November 02, 2018, 09:40:11 PM
 #292

Lots of people are afraid to invest in crypto currency because lots of problematic questions they see for the last period of time. People are afraid of losses and that is why they try to wait a lot in order to see how the process is going on and how others trade, sell and so on before to invest. After that when they see the more positive sides than negative they start to invest. And lots of people do not have enough  financial level to invest, very often people even do not try to learn something sbout crypto because have not good experience in their past lives with some pyramids and thinj that crypto is something alike.
Those problematic questions arise because FUDs are spread through the community and people who has no prior knowledge about the technology and crypto currencies tend to believe these news. The media plays a vital role in this case. They try to spread those negative news as much as possible, but never the ones the are positive. The main reason is the control of media by the government. Thus people hear these news and ends up being in a loop of doubts.

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siorapokk
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November 02, 2018, 09:49:18 PM
 #293

Because of the falling market. The whole year was pretty taught for all of us. People that are new to the market do not want to risk their funds, because the market is not more profitable at all. We need another bull run to attract more audience.
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November 02, 2018, 10:05:58 PM
 #294

You were right to say that. Of course, there are certain risks when investing in cryptocurrency, but we must understand that we can protect ourselves by making a little effort. In fact, we are responsible for our own security, so there is no need to be afraid. Investing in crypto is a good thing.

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November 02, 2018, 10:09:38 PM
 #295

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.

Remember, besides being profitable, crypto also makes a loss so it's not wrong for many people - people who are afraid to invest. I also definitely experienced something like that.

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November 02, 2018, 10:15:41 PM
 #296

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.
Today, many are afraid to invest in cryptocurrencies, this is understandable. I believe that the crypt for those people who are not afraid to take risks. But their risk may not be justified and they will lose their investment.

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November 02, 2018, 10:17:35 PM
 #297

I think that now people are afraid to invest in cryptocurrency because of the long fall of the market
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November 02, 2018, 10:23:10 PM
 #298

Initially, I was one of those users who are afraid to buy Bitcoin and cryptocurrency in General, but as soon as I studied the issue, the fear is gone and I started to invest in it.

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November 02, 2018, 10:26:43 PM
 #299

I am also afraid of hackers volatility of the cryptocurrency market. Despite the fact that I have protected my funds and most of my money is on the hardware wallet, I still have money that is stored in less secure places and I worry about them. Also the market volatility and the volatility of cryptocurrencies makes me very much afraid.

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November 02, 2018, 10:34:37 PM
 #300

Scam ico projects have caused an incredible damage to the trust in the cryptocurrency market.
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