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Author Topic: Why are people afraid to invest in cryptocurrency?  (Read 2152 times)
WellDogeo
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July 22, 2018, 11:19:04 AM
 #481

People are afraid of investing in electronic money because they do not know what the real nature of electronic money is. If people learn more about this market then I think they will love it.
ratna altika
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July 22, 2018, 12:09:02 PM
 #482

Very reasonable, because the price of crypto has no regulation that can regulate the amount of supply and demand. Prices may change over time and are speculative.
provide the correct information so that the beginner understands the risks of investing in crypto
quesho89
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July 22, 2018, 12:28:26 PM
 #483

Volatility scares most of the "investors" out there...
Faxmate
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July 22, 2018, 06:59:48 PM
 #484

Most people are afraid to invest in cryptocurrency because they don't want to take the risks and lose their money and maybe lack of knowledge and experiences.
Those people in the market who are not properly educated about the crypto currency becomes  afraid of investing in bitcoin, but I think now almost everyone should learn about crypto currency as all of us knows it is not hard task to earn good amount of profit from crypto currency but trusting and investing is the first condition for it, we should try to teach almost all of our friends about crypto currency investment so that this way people will get awareness about this amazing thing to change their life.
badjoke
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July 22, 2018, 08:28:09 PM
 #485

because there are still many people who do not understand the future even cryptocurrency so they are afraid to invest in cryptocurrency . And remember people are always afraid of what they do not know.
AlexandraRalston
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July 23, 2018, 01:15:59 AM
 #486

People are afraid to invest in crypto currency because many people became white-hand when they invested it. And I think if you are not enough risk, you shouldn't invest with the big number of money.
Uno17
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July 23, 2018, 04:50:52 AM
 #487

First of all investing in crypto is really a big risk. So people who invested in crypto are risk taker, willing to take whatever the market may bring to either good or bad they are ready to swallow, but of course the more risk, the more profit to get, it’s just a matter of being firm in mind and emotions inorder to get in through it. People who are not so familiar with crytpo are afraid to take risk to invest in it.
wastetimer1
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July 23, 2018, 01:24:20 PM
 #488

Investing in the cryptocurrencies involves risk and most of the people are not ready for that.
Maxpips
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July 23, 2018, 02:00:40 PM
 #489

Why are people afraid to invest?

Hmm, let's see.....Maybe because Bitcoin has lost 65% of it's value this year Cheesy Cheesy Cheesy

At the moment people don't want to invest in Bitcoin or crypto because of the crash. Last year when the price kept advancing people saw it as a opportunity to make money, so were willing to invest to make a profit. But now the price has fallen they don't think that opportunity exists, so are staying out the market.

If we see the price make it back up to 10,000 -15,000 then it's likely people will start investing again, because they'll think another big run higher is taking place, thus there's an opportunity for them to make money.

Its kinda like what happened in 2013 when Bitcoin lost 80% of it's value.

After that happened people weren't interested in Bitcoin or Crypto, they thought it was dead. But as time went on and price kept going up, more and more people got interested in it again, culminating in the huge run higher we saw last year.

Something similar could happen with the rise we're seeing now, we'll have to wait and see.
blackhawkeye1912
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July 23, 2018, 03:15:39 PM
 #490

The fear that most poeple have regarding cryptocurrency is due to the fact that they do not understand its complexity. Without such knowledge, do you have the courage to invest?

Also, with a bit knowledge, are you going to invest i cryptocurrency with its volatility. Assurance is what investors are looking for.
volleyballslenderF
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July 23, 2018, 09:52:46 PM
 #491

Cryptocurrencies are getting banned in most of the places, which are rumours, but they believe it.
srcnckr
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July 23, 2018, 10:15:48 PM
 #492

First of all investing in crypto is really a big risk. So people who invested in crypto are risk taker, willing to take whatever the market may bring to either good or bad they are ready to swallow, but of course the more risk, the more profit to get, it’s just a matter of being firm in mind and emotions inorder to get in through it. People who are not so familiar with crytpo are afraid to take risk to invest in it.
I realize that most people involved in investing in this market have no knowledge of it but most of the investment just because of the huge profit that cryptocurrency can bring but the result is the opposite of expectation their wait. The bad news constantly coming to this market is what makes so many people feel afraid to invest in cryptocurrency.

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TomArayaSlaya
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July 23, 2018, 10:44:29 PM
 #493

Depend on what you are coming in for because at times you are actually bound to have issues With Crypptocurrencies and sometimes you can go 100x so basically most people view it to be like gambling but thats not the case at all It just on how you manage yourself i think

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July 23, 2018, 11:03:00 PM
 #494

At first i am afraid because btc seems to be a scam for me,  without any physical form like the ordinary fiat. But after doing a research,  i've found out the real about crypto. So i am not afraid to invest anymore.

NorihiroName
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July 23, 2018, 11:14:42 PM
 #495

Various reasons for that. Mass media are not on the side of crypto, business players usually do the same thing, especially from the bank sphere...that affects the image, that may be the reason in my opinion.

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July 23, 2018, 11:57:48 PM
 #496

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,  people fail to understand more about cyrpto currency.  If they will just open their mind and find a way to research what is crypto currency all about they will surely not afraid anymore.

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Asawakobana2017
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July 24, 2018, 01:36:58 AM
 #497

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,  people fail to understand more about cyrpto currency.  If they will just open their mind and find a way to research what is crypto currency all about they will surely not afraid anymore.
People wanted an assurance, a return, a profit a huge amount of profit. People who are afraid in crypto is not really following crypto from the start. Maybe they are afraid because they don't experience gaining on it. They wanted to invest for money but they don't have an assurance of a big return because they didn't have an experience on what was the great strategy on the feild. And I believe that is a normal thing we are humans we have our different fear and a different understanding regarding to all the thing around us.
bungphe
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July 24, 2018, 01:45:19 AM
 #498

- People are afraid of losing money. Never invest more you are willing to lose
- People are often uncertain to what crypto coin to invest in there are over 1,000 coins to choose from
- People often doubt that they can earn money or they will be the next crypto millionaire or the coins will gain 30% over night
babaya
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July 24, 2018, 01:51:06 AM
 #499

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,  people fail to understand more about cyrpto currency.  If they will just open their mind and find a way to research what is crypto currency all about they will surely not afraid anymore.
they feel this because they heard that much people losing their money in cryptomarket. scam ico is main factor of this cause.so our contribution is needed to spread the truth to new investor.
Rufsilf
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July 24, 2018, 02:05:49 AM
 #500

They are afraid because they don't want to lose money and they are not brave enough to take the risk and put a lot of effort to it. People are so skeptical because of the volatility behavior of the cryptocurrency and i hope that in the future, it will have a high probability that more people will invest because for me, this is enough to prove them that there is money in cryptocurrency.
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