Why are people afraid to invest in cryptocurrency?

[TGD]

there are several reasons that make people afraid to invest in cyrpto currency and one of them may be afraid of the ever-changing prices and can make them lose a lot and they are not ready to accept such losses

agree with you this is some of their reason why they dont want to choose to invest in crytpo currency cause they see this as an scam or they had been read a lot of fake news on it.

[emmybd]

In general, people are afraid to invest in cryptocurrency not because of high risk but because there has been so much negative publicity about bitcoin and cryptocurrency over the past six months or so, they are confused.

[psychie]

People affraif of investing in cryptocutrency because they heard bad news or rumors fron other. They are affraid of taking risk because they are lack of knowledge about crypto. Crypto is also volatile and unstable.

[speedy1987]

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.

There is lots of reason behind this question. People might loss their trust about bitcoin. They might fed up with bitcoin price dropped. Also many negative fake news are spreading everywhere. That why many new people afraid to invest in crypto.

[semutracing]

because in this world there are still many people who do not understand computers even cryptocurrency so they are afraid to invest even buy cryptocurrency and maybe because bitcoin or cryptocurrency is a new technology and requires a computer or smartphone

[yndye]

because in this world there are still many people who do not understand computers even cryptocurrency so they are afraid to invest even buy cryptocurrency and maybe because bitcoin or cryptocurrency is a new technology and requires a computer or smartphone

Especially the old generation wherein they are more comfortable using the old ways and do not attempt to learn about the new technology so it is just natural that they would be afraid to invest in something they don't fully understand. Most of the investors of cryptocurrencies are millennials because most understand how it works and are risk takers. Some are afraid it is scam because of what they have watched in television or in social media about bitcoin being a scam but we know better so we should educate them.

[bitcoinking11]

Cryptocurrency is a very risky investment and many people have lost all their money by investing in it. As not many people can earn by investing, so people are afraid of investing in it.

[Mateo123]

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.

Yes i agree, most people afraid to invest in cryptocurrency because they lack of understanding about it or they influenced by such negative news about crypto how volatile and risky it is, well if you are well educated about cryptocurrency you have nothing to be afraid of.

[voztata]

people are afraid to invest in crypto currencies because they do not dare to risk losing, then crypto currency is not for them because crypto currency is only for people who dare to take risks and will make them successful

Some people were crazy and were in extreme panic situations which were not a solution for market and can not recover with that actions and wrong perceptions but the price is related with a factor which is demand factor and increases with it directly.

Low market availability is a golden opportunity for us so as to get Bitcoins on low price so I do not know why people are afraid of the market but I think besides it that it is all their wrong perceptions about this market.

[Clark05]

Afraiding to one thing is normal like people who are afraid to invest their money to cryptocurrency because crypto is really dangerous because if you invest your money to crypto and once the price decrease or the altcoin that you bought dump your money too. But cryptocurrency is great opportunity.

[jambul_kribo]

Cryptocurrency is a very risky investment and many people have lost all their money by investing in it. As not many people can earn by investing, so people are afraid of investing in it.

cryptomarket does have a very big risk. therefore before we invest, we must understand the risks that exist and use the money from our savings as much as we can receive when losing.

[boynamnhi]

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.

You can see that the crypto market is slowly falling into recession as bitcoin prices have been falling sharply during the last half year. It can be seen that since reaching a peak in late 2017 when bitcoin price reached $ 19800, the current bitcoin price has fallen to $ 6700 level and has reached the time point $ 5800. So people are worried that bitcoin prices will continue to fall sharply and with the bottomless market, bitcoin prices will probably continue to fall further deep by the end of 2018.

[Mr.John19]

They have not completely comprehended the points of interest and inconveniences of the interest in the digital currency. Try not to have sufficiently any bravery to have a go at contributing on the new present day of digital money they are not open to this sort of the exercises. Counterfeit news likewise contributed that why a portion of the general population are hesitant to put their assets on the universe of digital currency.

[onebtcforlife]

It is their wish whether to invest in cryptocurrency or not but one thing previously we used to invest in Shit but now people are investing in technology. Lack of people don't know how to understand the technology behind it but also failed to under great innovation in this technology. SOme fake companies are scamming the investors and this makes the investor think about the companies.

[GeniusAko]

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.

The risks of the cryptocurrencies are the reason why there are people who are afraid to make investment. One of the characteristics of cryptocurrency investor should have is being a risk taker. We can only become successful if we have courage to face different risks.

[kolfedinew]

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.

The risks of the cryptocurrencies are the reason why there are people who are afraid to make investment. One of the characteristics of cryptocurrency investor should have is being a risk taker. We can only become successful if we have courage to face different risks.

Maybe - we dont know how to invest? We are great in the moneyearning)

[Boris_sahnevich]

I think that people are not accustomed to and are distrustful of crypto-currencies. Every year more and more people will work with crypto currency.

[LooBaao]

Because the profits of crypto bring them too big, so they enjoy and participate in them, I think there are many winners but there are also many losers, and they give up this market.

[Bitkoyns]

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.

The risks of the cryptocurrencies are the reason why there are people who are afraid to make investment. One of the characteristics of cryptocurrency investor should have is being a risk taker. We can only become successful if we have courage to face different risks.

that is the character we should adapt, being risk taker, because we dont know how the market react the only thing we can do is to be a risk taker, the market is very volatile if you lose and you will not risk again some coins then you should not continue to work with crypto.

[Vineeta2october]

Because there is lot of information floating over the internet and rookie investors tend to follow the information just like that without checking the genuineness. Follow an expert on cryptos to learn about the currencies and then accordingly invest your money.