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Author Topic: Why do people/users are afraid to invest in Crypto?  (Read 3533 times)
Lorin
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November 02, 2018, 10:35:16 PM
 #301

They are afraid because they always think that they will loose their money if they invest on it. We know that investing in crypto is risky  but if you will not try how would you know.So before you invest learn it and collect some knowledge so that its not hard for you to decide and not afraid to invest.
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CryptoToxicAvenger
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November 02, 2018, 10:36:28 PM
 #302

Yes, investing in cryptocurrencies is very risky, but do not forget that it is also very profitable. If you are still not confident and fearful, it is better not to invest. But if you are ready, you just need to be careful. Crypt is not dangerous if you approach it wisely.
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November 02, 2018, 10:40:29 PM
 #303

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.
G
For those who have been in the space for quite some time and have been investing into crypto, will not have issues when it comes to investing into ICO, because they have had lots of exposure.
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November 02, 2018, 11:08:25 PM
 #304

Indeed. Those are some risks that we must take when entering in the crypto world, moreover going to invest, trade, or even joining the free program to get the coins. However, some people are still very interested to do them all. Why? Because sometimes, those risks can be paid very greatly by the profits that they will get. that's why, besides those suggestions, I also think that being careful, wise, patient, and smart ways to be in crypto are needed.

Kanatanex
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November 02, 2018, 11:34:11 PM
 #305

People are afraid to lose the money on such falling. Who with experience buys at low prices right now. Who did not know that bought expensively.
zhengqi
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November 02, 2018, 11:41:30 PM
 #306

Because this is something new and completely incomprehensible at first glance. To invest in crypto you need to have some knowledge in this area. Without knowledge it is dangerous to invest. Perhaps people believe that they have not studied crypto well enough and are therefore afraid to invest their money.

H1N1
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November 03, 2018, 06:10:22 AM
 #307

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.

Volatility of the crypto is very high indeed, you can see in the beginning of this year, crypto price was falling greatly from it's peak.
But in my opinion, there are many peoples afraid to using crypto because they still don't believe crypto, thinking crypto just as a bubble or a ponzi that bring benefit only for some early holders.

sky9314
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November 03, 2018, 06:19:45 AM
 #308

For many people who don't understand it, crypto is just as uncontrollable as a beast. Investors are not gamblers, when investors think they can't rely on past experience to predict the trend of crypto, they may see crypto as a gambling game and leave.
Iwillgotothemoon
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November 03, 2018, 06:23:30 AM
 #309

The conditions you have listed are very good, and many of the friends around me have stopped trading for these reasons. The most fearful of them is the market manipulation and fraudsters!

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November 03, 2018, 06:28:00 AM
 #310

Most of them are traumatized by many events that have occurred such as losing money due to fraud and hacking on the internet. And if we have learned from Cryptocurrency from the start and gained knowledge. And this is very important because it will lead us to success. And like fraud and hacking maybe we can avoid it.
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November 03, 2018, 09:05:28 AM
 #311

There are a lot of reasons for this and the reason can differ greatly from one individual to another but the great majority seem to not be investing and buying cryptos simply because they are convinced that cryptos are scams and they are going to end up losing all of their money. Also there is a disturbing amount of people that seem to think cryptocurrencies are a ponzi scheme.
There are some hackers attempt to scam and the issues of scams in ICO that's why individuals afraid to invest .Also they are not much having good strategies in the dump of market .As we invest here we need to develop our skills in trading and continue to enhace everything.
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November 03, 2018, 10:10:46 AM
 #312

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
Most likely you are right, people simply do not see an opportunity to earn money, because they see a constant drop in prices for all cryptocurrencies. Naturally, many investors are waiting for the moment when the market starts to grow and then they begin to buy cryptocurrency, no one wants to risk, but everyone wants to make money.
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November 03, 2018, 10:13:34 AM
Last edit: November 03, 2018, 10:25:00 AM by Hc01
 #313

You can think last 8-9 months, is there any altcoin which didnt fall 8-10 times? Almost all of them dropped like this, ethereum- neo and other big projects are with the inclusion of so according to me this is normal everybody afraid from losing money and you can lost big money at crypto we know that.
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November 03, 2018, 10:14:25 AM
 #314

They affraid to invest in cryptos because they have seen how fast it can be to drop in price during bearish market, and nobody know where is the bottom.
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November 03, 2018, 10:19:15 AM
 #315

I think the main reason why people are afraid to invest into cryptocurrencies is the nature of its volatility but little did they know that it is with this same volatility that you can earn more income from cryptocurrencies. The best thing to do when investing into cryptocurrencies is to invest an amount that you are not afraid of losing. I know it sounds crazy but that is the bitter truth! Grin

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November 03, 2018, 10:19:28 AM
 #316

Indeed, it is better not to keep the keys on the computer because I have guys who suffered because of this very much because they kept a copy of the keys on their PC

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November 03, 2018, 11:09:05 AM
 #317

The conditions you have listed are very good, and many of the friends around me have stopped trading for these reasons. The most fearful of them is the market manipulation and fraudsters!
Many of my friends also stopped trading on the stock exchanges, but if you are experienced and do not panic, then you can trade and make profits even now when price manipulations take place on the market. Mostly people do not invest and are waiting for the moment when the bull trend reappears and the market revives.
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November 03, 2018, 11:11:37 AM
 #318

There are a lot of reasons for this and the reason can differ greatly from one individual to another but the great majority seem to not be investing and buying cryptos simply because they are convinced that cryptos are scams and they are going to end up losing all of their money. Also there is a disturbing amount of people that seem to think cryptocurrencies are a ponzi scheme.
There are some hackers attempt to scam and the issues of scams in ICO that's why individuals afraid to invest .Also they are not much having good strategies in the dump of market .As we invest here we need to develop our skills in trading and continue to enhace everything.
Most likely you are right, people simply do not see an opportunity to earn money, because they see a constant drop in prices for all cryptocurrencies. Naturally, many investors are waiting for the moment when the market starts to grow and then they begin to buy cryptocurrency, no one wants to risk, but everyone wants to make money.
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November 03, 2018, 11:21:36 AM
 #319

Individual differences is the major thing to discuss here, though there are many things that contribute to this but individually, our level of understanding differs from each other. More so, some people are afraid of running into loss or get scammed.

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November 03, 2018, 06:01:14 PM
 #320

I think the cryptocurrency market attracts investors because it's very speculative. Also this market is attractive for traders, but this is just my opinion.


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