Why are people afraid to invest in cryptocurrency?

[Bakemat]

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.

In my own opinion, people are not afraid of cryptocurrency but they are sacred to lose their investment because the market is not stable on increasing and people just want to earn profit and do not want to take risk.

[Daniel9140]

People are afraid of cryptocurrency for some reasons. The   volatility in crypto is too much as prices can go 100% in a day and u can lose 80% of your funds in a day depends on how the market behaves. This is the main reason why people are afraid of cryptocurrency

[Souldream]

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 to invest on cryptocurrency but most of the investors today are avoiding to lose a huge amount of profit, but there will be always a risk in order to become successful in the future so you cannot avoid risk in order to obtain a huge amount of profit because you need to invest and wait for the price to grow up.

People afraid of investing in bitcoin because the price is very low and still no hope for pump in the price. People scare of losing their money and they avoid investing in bitcoin. Now many people are putting their money in Altcoin because Altcoin has great potencail than bitcoin and the profit margin is also good than bitcoin for the time being.

Aside from being afraid to invest in bitcoin due to rapid degradation of the value of the coins, the fact that they were also afraid of getting failed and losing their capitals or money is the main reason why they are being devastated to the current situation. But all in all their lack of knowledge about crypto are my top list why people are afraid to invest in Cryptocurrency.

[viananda2525]

People are afraid of cryptocurrency for some reasons. The   volatility in crypto is too much as prices can go 100% in a day and u can lose 80% of your funds in a day depends on how the market behaves. This is the main reason why people are afraid of cryptocurrency

this volatility could be advantages for us.if expert in trading, we can take this daily volatility to earn money or bitcoin.not every bad situation give us loss.but there is opportunity to take.

[MrKubeem]

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.

[Marcel666]

Crypto possesses so much potential, and also so much risk.
It is wise to be skeptical when investing your money in an unregulated system.
Hopefully in the coming years, crypto would attain a level of credibility.

[Cling18]

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 to invest in crypto, in fact , if they will get to know that it is profitable, a lot of them would definitely decide to invest in it. However, since people lack in knowledge and information about crypto, they will surely doubt about it. Knowledge and understanding about crypto is what people really need.

[DarkIT]

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 to invest in crypto, in fact , if they will get to know that it is profitable, a lot of them would definitely decide to invest in it. However, since people lack in knowledge and information about crypto, they will surely doubt about it. Knowledge and understanding about crypto is what people really need.

well, i think so much trauma in this case. not all investments in cryptocurrency will bring benefits. Well, sometimes it's just the opposite. therefore, as investors, we must be smart in choosing ICO, or investing in a field.

[emberbekas]

People are not actually afraid to invest in crypto, in fact , if they will get to know that it is profitable, a lot of them would definitely decide to invest in it. However, since people lack in knowledge and information about crypto, they will surely doubt about it. Knowledge and understanding about crypto is what people really need.

If investing in crypto is definitely profitable, then no one will hesitate. Frankly, there is no guarantee that by investing in crypto it is certain we will get profit. The bad possibilities are also here.

[Babyrica0226]

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.

For every crypto currency it is equivalent as assets, which means it can produce profits. Since this is trading business it can help you out in

financials solution problems. Meaning, anybody can become a millionaire because of crypto, which I agreed in the above as well. Now if ther are

people afraid cryptocurrency it is because they poorly lack of knowledge about it. They saw the disadvantage of crypto currency but nevr see the

advantage of cryptocurrency.

[Camorra Dev]

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.

obviously most of the people are just afraid to invest in anything because investing itself is way harder than working on a regular job that you get salary from and you can be calm about the amount that you will get.

[lucretiareaves]

I think because they are afraid to take risks. They do not understand what e-money is, so they do not want to give up safety channels to invest in something new

[isidrorex]

I think some people are afraid to invest and trust cryptocurrency because there are these scams in Cryptocurrency which are then on the headlines of the news and spread through-out the public in which some might emphasize like "Cryptocurrency Scam Revealed"  or "Online Investment Scam" where the people might think that cryptocurrency are full of scams. So in the end, lack of proper knowledge and learnings about Cryptocurrency is the main reason why people are afraid to invest in cryptocurrency.

[megacrypto]

It's a new asset class and the most people haven't put time to study it. Also, there are little to no regulation, a lot of hacks and no insurance. 

[websoftwareengineer]

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 afraid to invest on cryptocurrency because they just did not want to lose profit since investing on bitcoins or altcoins will always have a risk due to the market's volatile price.

[okaypool]

Cryptocurrency projects are very risky. No one can guarantee that a project will be developed, even if it collects funds on ICO

[AliceNorthfield]

People are afraid of investing in electronic money because it's risky

[neonshium]

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.

Some people when think about it they have just one perception that it is hard to know about what works here so they are actually sleeping and have no knowledge about the crypto market which results in worries and difficulties. Just think about this modern technological way of making money which needs perfect knowledge and basic knowledge which is very easy if you spend your time here by reading and communicating with people connected with the crypto market.

[Phantomberry]

People are afraid to invest cryptocurrency because it is too much risky and vulneable. Bitcoin price is still not stable it is usually pump and down compared to stock on a fiat currency.

[supandi wiharja]

I think many people are afraid, it is something reasonable, because the price of all crypto is unstable or fluctuate.
They will definitely be looking for a truly safe investment like investing in gold.
Maybe for the beginners, they will be afraid of losing a lot of money to invest in crypto, because they don't yet know more about the world of crypto.
Essentially we must remain cautious and have a strategy in investing, so that we always get a profit.