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

[seyola89]

Many people have truly been discouraged from cryptos due to fear, discouragement from the media, negative orientation and so on. Truly cryptocurrencies and blockchain being in its early stage has a lot of work to do in terms of security.

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[elitemobb]

Most people do not even have an idea what a cryptocurrency is, they hear about it, but they don’t understand, therefore there is a fear of investing in what you don’t know, the fall of the cryptocurrency market and its instability also play a role, investors are simply afraid investments and for unpredictable market

[Goodnuel]

I think you are right. People are usually afraid of things they don't know much about, that's why a lot of people/users are scared to invest in cryptocurrency.

[blockdragon]

People are afraid of crypto because of the volatile market and there is not as the other jobs here every single time you are worried about your money ,what will happen worth it and lots of different worries and there is a huge risk of loosing your money all these are the reasons of being afraid and maybe not joining the market and i think it is because of being to scary and without self esteem .

[Nariza]

Cryptocurrency is one of the very risky investment and not all people understand  how crypto is running. Some people don't have an idea in the market and there are scammer. The technology is improving and some people are smart in terms of technology. They are using their knowledge to scam.

[seyola89]

Some new participants got burnt because they fail to do proper research and think that cryptos is all rosy. Some came with the right mindset but were unlucky to invest at the wrong time.

[anjiitem]

it's true, no one knows exactly how the market moves. and they must also be able to see and analyze the market and the knowledge that supports it. many people who don't believe in cryptoccurency can change their money to several times. they thought it was a kind of fraud because it was still illegal in our country

[Happydd]

Many fear the crypto world. Because investing in this area is quite risky. Large profits, large capital investments have not enough people to participate. I often join the bonus campaign to make more money to buy the coin at a cheap price, then make a profit.

[chadtn]

People are afraid of the unknown. Just as they once watched cars and electricity, so now they are watching the blockchain.
They do not understand why it is needed and how to use it.

[loragean03]

Most people do not even have an idea what a cryptocurrency is, they hear about it, but they don’t understand, therefore there is a fear of investing in what you don’t know, the fall of the cryptocurrency market and its instability also play a role, investors are simply afraid investments and for unpredictable market

Some people are afraid of the risk in investing in crypto because of the many possibilities that your investment will end up with nothing, The good thing to think is that everyone should see the potential of crypto currency, Some of us think that crypto currency is a treat for every nations but in reality it can give everyone and every country the capacity o improving its economical figure and can produce many opportunities for the people's population.

[jajorforce]

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.

Those who do not understand about crypto and they just think will make a big deal out of cyptos, but 95% of them have lost. blockchain bc is still quite new, it looks like www. or email the early 90's .
It is still a great opportunity for everyone.

[Open4lies]

Although the cryptocurrency market can bring huge profits, investors are still cautious and alert because the market is not for new investors. You will lose money if you invest without any experience. Therefore, if you want to buy cryptos, you have to be knowledgeable and persistent in this market.

[djselery]

People hate losing their hard earned money, and they have wrong ideas about cryptocurrencies. There are even some people who think that these currencies represent somehow a Ponzi scheme.
It is the responsibility of the crypto community to clear up the real facts of cryptocurrencies and spread the word about them more.

[rricksu]

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 this case, we can compare the transaction of investment in cryptocurrency and stock market,

Cryptocurrencies unlike the stock market is very flexible, no one can actually tell the price if it is going to go down or now. It is basically depends on the project's development. In the stock market, there is already companies that is well built and predictable to succeed. Therefore, my main point is that, investors are still afraid to risk money in cryptocurrencies. In addition, Scam are also a factor with this.

[sh4dtechnr]

Cryptocurrency is one of the best investment markets now. Anyone on the planet can invest, and in fact it is very simple. Whatever may be said, the crypto is still very promising and in the long run an extremely profitable investment environment. Of course, there are risks, but if you study the market properly, you can significantly reduce them. Cryptocurrency is worth it to study it and spend your time on it. The time will come and your efforts will be rewarded!

[koralan]

In my opinion, people are concerned about investing in Crypto because of instability, sudden evaporation, fraud, unsafe and unapproved worldwide...

[DisWhale]

The fear of most people to invest in crypto is largely due to the volatility nature which makes it quite unpredictable to them. Also, most of them are driven by the false bad news presented to the people by the governments and media. The best solution to these factors invoking fear in the people is through sharing of knowledge about crypto. This will clear the misconceptions which breeds fear.

[kokrokok]

other than that they are afraid of investing in cryptocurrency maybe because they have suffered a very large loss or maybe they are afraid because they see the price is getting down every month

[saycryptohello]

It's like buying a box, but not knowing what's in it. Quite scary and risky, because you can lose all the money, and you can get rich.

[swartzias]

If only it were so easy to make a man... Investment is a deliberate decision, and since the blockchain is still quite an ambitious project that is at the stage of development, many people refuse to invest.