Why are people afraid to invest in cryptocurrency?

[Camorra Dev]

Because we don't know the future of cryptocurrency. Would it be good like 2017 when bitcoin price rising so high with only 2 months, or it would be bad, you know what is the bad thing. It's not like when you investing on gold. You know the future because gold price annually rising. So when talking Investment, gold is the best. But when talking trading, my opinion is cryptocurrency is the best

Yes, you are right, we are affraid, because of non stability of all prices and of sittuation in general, so we can not know for sure, will this market survive, or will it fall.

[Biggapp]

Because we don't know the future of cryptocurrency. Would it be good like 2017 when bitcoin price rising so high with only 2 months, or it would be bad, you know what is the bad thing. It's not like when you investing on gold. You know the future because gold price annually rising. So when talking Investment, gold is the best. But when talking trading, my opinion is cryptocurrency is the best

Yes, you are right, we are affraid, because of non stability of all prices and of sittuation in general, so we can not know for sure, will this market survive, or will it fall.

This is only because of the government and the lack of information. Several countries have banned the crypto technologies and have created a bad image of the crypto currency in the mind of the people. This keeps them away from investing in crypto. Also the new guys when loose in the market start calling the technology scam and this refrain people in his friend circle to invest in crypto. So many reasons.

[Portia12]

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.

People are not afraid about cryptocurrency but they do not want to lose their capital, investing always comes with risk in order to become successful someday and that is the reason you should always know how the market works before investing on cryptocurrency.

[huige007]

Because we don't know the future of cryptocurrency. Would it be good like 2017 when bitcoin price rising so high with only 2 months, or it would be bad, you know what is the bad thing. It's not like when you investing on gold. You know the future because gold price annually rising. So when talking Investment, gold is the best. But when talking trading, my opinion is cryptocurrency is the best

Yes, you are right, we are affraid, because of non stability of all prices and of sittuation in general, so we can not know for sure, will this market survive, or will it fall.

i think you are inexpert that's why you don't know about the situation and right time of investment. if you don't research on investment so don't invest you money because you will face loss. first do search and when you feel the market go to lowest price then invest you money it will will be good for you.

[anntlevel]

Because of manipulation

And also due to fluctuation. Sometimes people invest in crypto without having enough knowledge. These lead them to make unwise decisions as a result of which they loose some good money. They start calling the technology scam or bubble which also affects the people around him. This creates a chaotic air and people refrain from investing in crypto. Many say it is not going to survive when the prices drops and withdraw their money.

You are going in some horse racing but you really don’t know how to ride a horse, what would be the results? Every single kid of some low standard class can even answer your confidently about it. But we are lacking knowledge here or we don’t just want to review our decision. This is bad to come into field while you are just empty and blank minded. Better is to get yourself up and then come.

[Ronaldcoin2017]

Because we don't know the future of cryptocurrency. Would it be good like 2017 when bitcoin price rising so high with only 2 months, or it would be bad, you know what is the bad thing. It's not like when you investing on gold. You know the future because gold price annually rising. So when talking Investment, gold is the best. But when talking trading, my opinion is cryptocurrency is the best

Yes, you are right, we are affraid, because of non stability of all prices and of sittuation in general, so we can not know for sure, will this market survive, or will it fall.

i think you are inexpert that's why you don't know about the situation and right time of investment. if you don't research on investment so don't invest you money because you will face loss. first do search and when you feel the market go to lowest price then invest you money it will will be good for you.

People afraid to invest in crypto currency because it has an unstable maket value and volume of the investors may increase or decrease to then there are many people that is really afraid on crypto because it has really a big risk due to its unstable price of bitcoin. I believe that even if it is really unpredictable but if we have more patience we can really earn on it.

[icecream sandwich]

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.

Maybe they have a trust issues because it is truly hard to trust things that you are not sure about it. Yes you can say that this is legit because you are spending a pot of time now in this thing vut if you are new to this you will of course feel the same way and maybe they have a history before that they have been a vuctim of a scam so that thing can affect the behaviour of the people so we cannot blame them if they do not want to invest in cryptocurrency. And it is our fault if they invested but then they lose money

[el kaka22]

There are a lot of reasons why it happens. Let us be honest and do not forget that any crypto coin is a risky asset it is not a bank deposit. Moreover to invest in any crypto coin a person need to have some knowledge and be are familiar with modern technologies like internet and so on. Also a person need to have knowledge about crypto market to understand what the price of a coin is attractive to buy. And final reason why much people do not invest in crypto because there are much fraud.  

It is just very unfortunate that a bunch of people in the space really do not get the fact that it is highly volatile but they instead focus more on short term gains or profit thinking it is a way to get rich quickly. However, things do not simply work that way and the earlier they started knowing that they should focus more on the long term than the short term, the better for them.

Only after they do understand, they will always see dips as an opportunity to invest rather than joining FOMO 100% of the time. I believe rest of people will start adopting bitcoins when bitcoin will be scaling new peaks. It had happened in the past hence it will happen again and again too. Bitcoin will hit new peak and then some down trend will follow. When people continuously watching this similar trend then they will not be afraid all the times.

[jonaire99]

There are many reasons why some people are afraid to invest in cryptocurrencies. One of them is that virtual coins exist only in the internet and is intangible. Majority of the people are not use to this new kind of currency so there is a need to educate them first and teach them later on how to use in online transactions.

[lotsky123]

People are afraid to invest in cryptocurrency because its too risky knowing that bitcoin has no physical appearance unlike our regular currency or fiat money.Aside from that they do not have enough knowledge about it.

[Kurokyy]

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.

People are not actually afraid of cryptocurrency but they did not want to invest due to the risk that they will take if the price in the market crash down just like what is happening today in the market, so expect the volatility if you are planning to invest today.

[Ryker1]

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.

People are not actually afraid of cryptocurrency but they did not want to invest due to the risk that they will take if the price in the market crash down just like what is happening today in the market, so expect the volatility if you are planning to invest today.

I agree that they're not afraid, In my own opinion, they're just being careful, because instead of investing it to risk on a risky investment, they'll rather use it for their daily lives. Money isn't easy to get, especially to those who are unemployed. I can say that they don't want to invest because the movement of the price is too sudden, it's volatile and it's for not risk takers.

[crazycatwoman03]

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.

Maybe they have a trust issues because it is truly hard to trust things that you are not sure about it. Yes you can say that this is legit because you are spending a pot of time now in this thing vut if you are new to this you will of course feel the same way and maybe they have a history before that they have been a vuctim of a scam so that thing can affect the behaviour of the people so we cannot blame them if they do not want to invest in cryptocurrency. And it is our fault if they invested but then they lose money

Your point is considered since cryptos are in deep right now and in addition cryptos, most especially bitcoin, are used in fraud and scam investments. In our country, bitcoin is not that popular but since it reached its peak price last December 2017, its name made a huge noise in the field of investments. More people became more interested of it but these past few months had been hard in bitcoin because there are so many bad news about it being scam. Those who have heard of it are having doubts and those who have only heard it the first time are getting a bad idea and thought of it.

[shinchan123]

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.

Most people think it is a scam, since there's a lot of scam investment that involves bitcoin and money investment. People who invested in bitcoin during the peak most likely lost a lot of money that is why they are scared to invest in cryptocurrency again. I think patience, getting informed and experienced in crypto is a must for you to survive and earn.

[kynaz]

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.

Most people think it is a scam, since there's a lot of scam investment that involves bitcoin and money investment. People who invested in bitcoin during the peak most likely lost a lot of money that is why they are scared to invest in cryptocurrency again. I think patience, getting informed and experienced in crypto is a must for you to survive and earn.

Many are scared at this moment because Bitcoin prices are constantly falling and there have been many suicides when Bitcoin prices are falling. I think people are investing in this market with the mentality that prices will rise in the future and the Blockchain technology behind will change the world. This is very wrong because technology can not evaluate the market situation but instead people should choose smart investments that will be more effective.

[carol15171821]

They are afraid on losing money and also they don't know the rules of cryptocurrency. They might just thinking that crypto is too risky to invest and its true, they were just being careful because money is so hard to earn.

[mindfly09]

In my opinion, because they don't know if they earn profit or their money will lose, that they see the price sometimes its low or high. The other reason is don't trust on bitcoin, yet even if the price is not steady they will try to invest first so that they can realize that they should not be afraid to invest in cryptocurrency.

[djselery]

Most people around the world have a total ignorance about cryptocurrencies, or just negative ideas about them, so they aren't really encouraged to invest their money in this digital currencies. That's why the crypto community have to make an additional effort online to spread the word even more about this currencies and teach people about their potential.

[KarinaChernyav]

Every year people become not trusting, especially when it comes to investing. Unwillingness to invest their capital to increase it is due to logical reasons: in our time banks have become very often closed, and not only commercial banks. Fear that the invested funds in the same stocks, deposits, precious metals do not return to their owner back, prevails everything. So in my opinion people are afraid to put a kopeck into the bank, not to mention the crypto-currencies.

[Dudeperfect]

I believe that it is the price fluctuation which scares the people and prevents them from investing in cryptocurrencies. On the other hand, governments are pressurizing citizens through the unconstitutional manner by issuing an order to the central banks to stop giving services to the companies associated with cryptocurrency exchanges. Some negative media stories are also responsible to create the chaos in the environment that is affecting the perception of the people towards Bitcoin and other cryptocurrencies out there in a negative sense.