yohaneshs
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June 18, 2018, 06:49:36 PM |
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Not all, usually some investors afraid about regulation in their country. Cryptocurrencies still have a big problem in the world, they need a regulations and some countries have a strict regulations, big countries such as US and china do that.
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Gameroid
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June 19, 2018, 12:28:25 AM |
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There are a lot of reasons why. But I want to point out the volatility of the cryptocurrency itself. In my country, the Philippines, we were advised not to invest in cryptocurrency. "This will make your life miserable. Don't you try." Just like that. But, as a person with the right mind and having a control on myself, I tend to invest in crypto.
Yes that is right that a lot of reasons are there which prevent people to invest their money in bitcoin but i think that the number of such people is not as much as we are thinking about, i think that those people who know about bitcoin the will certainly like to invest money in bitcoin, i think the main reason that still bitcoin users are very low is that still most of the people do not know anything about bitcoin. |
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sabarr
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June 19, 2018, 01:00:27 AM |
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many people are afraid to invest in crypto currency because they do not know how to get a profit safely because if they know about the profit they can get then they will soon buy and invest in the crypto currency
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Coinnosaurus
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June 19, 2018, 08:50:11 PM |
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Cryptocurrency is risky and when its about investments, people don't want to risk. People dont even want to know what it is.
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VclDm
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June 19, 2018, 10:44:23 PM |
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Not all, usually some investors afraid about regulation in their country. Cryptocurrencies still have a big problem in the world, they need a regulations and some countries have a strict regulations, big countries such as US and china do that.
Bitcoin prices are still in the downtrend. When prices drop sharply and then rise again is a trap on the bottom of the greed of investors. Concerned, virtual currency over time attracted quite a lack of knowledge of the financial markets involved, but this market really did not give them when the risk, even the fraud at a very high level. |
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beezare
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June 19, 2018, 10:56:02 PM |
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the main reason why some people are afraid to invest in crypto currency because of the risk, they do not dare to take risks and not ready if the loss, they should be able to learn with small amount first
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gurang
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June 20, 2018, 12:51:27 AM |
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Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.
they are afraid to invest because they think that they may fall immediately or they may not be able to help them or maybe they think that they may not grow so many people think about it because they have a very good sense that they are afraid |
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lavishlifing
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June 20, 2018, 01:03:52 AM |
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Because in mainstream media BTCitcoin's name crypto in general rather is ruined because of million dollar scams.
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metribitcoin
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June 20, 2018, 02:32:19 AM |
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They afraid because of lossing money, they know volatility of crypto too high and they does not have skill and knowledge how to reduce it. So they chooced other option to make invest their money in more safe place like in a a bank. They think make invest in crypto is too risky and just like gambling.
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Deathgamer
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June 20, 2018, 02:59:19 AM |
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They are afraid because they dont know more things about crypto and also they are afraid of losing money.Also they heared fake news about crypto but if they know everything about crypto they will never afraid to invest even if its risky because of its value is volatile.
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kyle999
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June 20, 2018, 03:27:06 AM |
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Much as lost in crypto currecy and many people who also earns and loses so much fear of other people especially when they hear big ones Investors are bigger than theirs and I'm sure they'll be in the process to earn more then you lose a lot of money.
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tamarindbleu
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June 20, 2018, 06:18:13 AM |
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Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.
As I observed those people who are afraid to invest in cryptocurrencies they are afraid because they don't have any knowledge about cryptocurrencies. where it's somehow true that it is scary to invest in something you don't have that any knowledge about |
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sana54210
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June 20, 2018, 06:28:02 AM |
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People afraid of investing in cryptocurrency because it is not regulated by government. Anytime their hard earned money invested here will soon disappear without any prior notice.
That is also right. Besides, people are afraid to invest in crypto because of the risk associated to it. So many people loose their money because of their own fault but the reason of loss is often interpreted wrong and the blame is on the technology then. Also some people may fine investment in crypto not that much profitable than investing in property. The governments in some countries have banned Bitcoin and people also fear the penalty of committing something that is illegal. |
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Serenus
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June 20, 2018, 08:20:42 AM |
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People are afraid to invest in cryptocurrencies because they are generally afraid to invest. They want guarantees, but there can not be any guarantees in this matter. You need to look for opportunities and not guarantees.
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deppil
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June 20, 2018, 09:28:42 AM |
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Not every crypto investment will get the result as expected. And the price fluctuation makes people think twice before risking their money. And one more thing, the lack of approvement from the government take a big role too.
and not always the risk will always occur. of course the advantage is very likely to be obtained by bitcoin investors. so why are they afraid? you can hone your skills and knowledge about bitcoin. and the risk of loss will be even smaller. why do not you take that into account? |
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socksserver3
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June 20, 2018, 10:05:58 AM |
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Today, as a rule, almost every digital international transaction involves the use of one or another form of virtual currency or credit. Thus, bitcoin is designed to provide security guarantees and credit convenience, while reducing transaction processing times and commission payments. Soon, people will trust btc more
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Shanmatthew
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June 20, 2018, 11:02:34 AM |
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I think why people afraid in investing in crypto its because they have an experience before that he/she invest but he/she didn't get a profits in their investment.we all know that cryptocurrency is a risky for investment but to be honest I'm also afraid for some currency that have to invest to gain profit soon.many crypto site is not paying so that's why I think that they afraid again to invest.
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Panna1981
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June 20, 2018, 11:11:55 AM |
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My opinion is that people are afraid because first of all it is a high risk investment because of the volatility of the market. Besides that there are some thresholds like:
- The high level of tech which is hard to comprehend for some people.
- The trouble it costs to invest in crypto/the low liquidity. Create your own wallet, buying at exchanges or websites, send through to other exchanges etc. etc.
- Crypto doesn't feel safe enough yet. This might also be because of the lack of knowledge or well known addressess offering these investments yet.
Just my 2 cents...
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johnwest
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June 20, 2018, 11:22:46 AM |
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First of all its a highly volatile market and riskier than any trading combinations in the world. Also the price of the coin may reach zero in no time without any real issue about it and the same can happen while pump.
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no0dlepunk
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June 20, 2018, 12:58:06 PM |
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Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.
They are scared because they don't understand. Conventional people are smart enough to not invest into something that they don't know, but also dumb enough for not attempting to learn it. |
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