Why are people afraid to invest in cryptocurrency?

[rudox]

It is the fear of risk of losing their money. But there is an inherent risk in  every business . If you do not risk you will remain in a marginal profit.

[Apaxy]

It is the fear of risk of losing their money. But there is an inherent risk in  every business . If you do not risk you will remain in a marginal profit.

peninsula, this is the initial emotion that stops people before choosing. But in fact, there can be two reasons, and the first thing that a crypto currency is a pyramid, and the other is that a person already had a negative experience with a crypto currency.

[The_Dark_Knight]

Because they have lack of knowledge of cryptocurrency. Every people should know the basic logic that never invest in what you don't understand. That's what I think the reason is why people afraid in cryptocurrency. They don't know it. And some people also investing in cryptocurrency that don't know anything about it, at the end, they keep losing their money.

The problem is how they are going to learn more about it if they do not take the time to do it, this is a vicious circle and then they wonder why the rich gets most of the profits because they take the time to research every opportunity and if they find an opportunity they like they invest heavily in it, while the poor and middle class are always in fear of losing their money.

[Farma]

Because they have lack of knowledge of cryptocurrency. Every people should know the basic logic that never invest in what you don't understand. That's what I think the reason is why people afraid in cryptocurrency. They don't know it. And some people also investing in cryptocurrency that don't know anything about it, at the end, they keep losing their money.

The problem is how they are going to learn more about it if they do not take the time to do it, this is a vicious circle and then they wonder why the rich gets most of the profits because they take the time to research every opportunity and if they find an opportunity they like they invest heavily in it, while the poor and middle class are always in fear of losing their money.

Well, sometimes they just see the success of others before plunging into the world of crypto, and end up with a loss, or with failure. we know that it will make something unkind in the future. therefore, we should really look for information in this case before investing.

[jitenrajput]

When talking about investing in cryptocurrency, the first word that comes a person's mind is "Risky". Which is true indeed. We have seen many ups and downs in the journey of cryptocurrencies which makes people feared to take a step in. Also, the security aspect is still a matter of concern. The security on exchanges cannot be trusted 100%.

[jonatuzc]

Most people find investing either too complex and  are afraid to take the first step in their cryptocurrency

Perhaps they have not fully understood the way the Crypto market works, and they only hear crypto codes, but they have not experienced it. they fear losing capital.

It is out of mind to afraid in the crypto market because this market is in the benefit of people then why should we afraid if there is nothing from which we feel fear.

It is up to your knowledge as if you do not have enough knowledge then you will feel fear because you can not make right decisions and will result in loss. on the other hand all the results are yours if you are well aware of the market.

[$anounimus$]

I think it's probably because bitcoin or cryptocurrency is a new technology and requires a computer or smartphone whereas in this world there are still many people who do not understand computers even cryptocurrency so they are afraid to invest even buy cryptocurrency.

[Valzzz005]

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 dont have the guts to invest they are afraid they do not have assurance because if you are sure that thoae thing is gonna bring you a lot of money you will invest to that immediately but if you will not trust them of course you will doubt them because maybe your money will be just a part of scam because you know nothing about this thing. So my advice is learn to trust new things hut don't force anyone to invest into cryptocurrency maybe they get scammed and they put the blame on you.

[FalcoonRed]

because crypto money is transparent and that's where people do not want to invest in crypto but if we know investing in crypto is more profitable and the main factor of others not investing in crypto is that not all governments in all countries allow crypto.

[Savemore]

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 make investment with cryptocurrency because they do not want to face the risks. They are afraid that they may lose their money. It is true that cryptocurrency investment is risky investment so it is really better if you have high self confidence if you will make cryptocurrency investment.

[voztata]

Most people find investing either too complex and  are afraid to take the first step in their cryptocurrency

Perhaps they have not fully understood the way the Crypto market works, and they only hear crypto codes, but they have not experienced it. they fear losing capital.

Investment in cryptocurrency is not a problem but people are investing in it in order to get profit and make money here. They are doing investments for their own benefit and if the Bitcoin was not able for the popularity then it would not be able to gain such popularity.

It is actually the lack of knowledge as if a person does not have knowledge then he will feel fear and if a person has knowledge then he will handle everything here and will make profit successfully.

[coinfinger]

Because they have seen how the price could fall and they don't want to get involve in it or risk their money.
People would feel that when they put their money in it the price could fall down and that is what they are afraid of .

Yes, there are a lot of people who are afraid of electronic money, though they are keen to invest in them, but fear that they will lose money when the price fluctuates and they are afraid of the hackers stalking their accounts.

The price of cryptocurrency is very volatile and it may drop any time. Big pump and dump can also happen. Some people say that bitcoin is a bubble and there is no future of bitcoin. Many other false statements about the cryptocurrency future are the reasons that people afraid of investment in crypto. It is highly risky but one thing is clear that high risky things possess high profits also.

[gamalzour]

I think a lot of people who are afraid to invest in cryptocurrency because I realize cryptocurrency is very new and will be difficult in use by new players who do not control the computer, better cryptocurrency education can be widely disseminated.

Whenever you get afraid of something, just go towards its pros and cons. See whether the pros are more in number than cons or the scene is opposite. Whatever it is, just check at the end, are you capable of taking this pledge. Whatever your mind says over it, do that. And please don’t just get feared from everything. Bitcoin is there for you to make money, there isn’t anything to get afraid of.

[futuret]

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 make investment with cryptocurrency because they do not want to face the risks. They are afraid that they may lose their money. It is true that cryptocurrency investment is risky investment so it is really better if you have high self confidence if you will make cryptocurrency investment.

People are to actually afraid of crypto currency but they are not ready to take risk but one should not do this according to me, if a person want to get huge amount of profit then he will have to face anything for it, taking risk and dealing with it wisely will reduce all your tensions and worries about crypto currency investments.

[@hosimanaka]

Many are still afraid of investing in electronic money because they are risky. Maybe in a short time, the price of the altcoin suddenly down and they will lose money. But apart from losing money, they also face hackers.

[deda123]

it is so normal because it is a risky thing and not veryone is enough brave to make big changes or big moneys it may be rudiculus but it is on that way and even it can be nowadays because of the crucial fall that happened and is happening right now.

[lilanka]

Because it is not stable . Specially in these days.But there are lot of reasons it will go high (Bitcoin,etc..) .So investing in crypto is risky. But it will worth some day.

[Casmania]

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 make investment with cryptocurrency because they do not want to face the risks. They are afraid that they may lose their money. It is true that cryptocurrency investment is risky investment so it is really better if you have high self confidence if you will make cryptocurrency investment.

People are to actually afraid of crypto currency but they are not ready to take risk but one should not do this according to me, if a person want to get huge amount of profit then he will have to face anything for it, taking risk and dealing with it wisely will reduce all your tensions and worries about crypto currency investments.

That means people has no proper education regarding cryptocurrency, and most of them were having bad experiences when it talks about money making. Misinterpretation was the common mindset from those people who has no enough knowledge behind digital currency trading, and scam was their direct judgement when it come to an investments on cryptocurrency.

[samelvis]

Many are afraid due to the volatile nature of the market now. Hopefully wan market greens many will pump more money into crypto

[Promitestake]

we should realize that bitcoin has a fluctuating rate, from time to time it rises very excessive and every so often it drops very low, it is regular and has come to be characteristic of the crypto foreign money, and many people are not organized for that risk so they're afraid to invest