Why are people afraid to invest in cryptocurrency?

[coingrowth]

Technically, people are afraid to invest as some of them have lost money or the people that they know has also lost money as well and also, the volatile nature of crypto also scares them from investing into it

Not only loosing, people don't have control to wait for long-term and selling them for a low price. Once we are investing at the higher price we have to wait until the price will be higher, due panic most of the people sell them for a low price and starts thinking negative about the cryptocurrency.

[suzuya]

People are afraid to invest in cryptocurrency because they are afraid to lose their capital, especially those people who really don't know about the world of crypto. They won't say that they are afraid to invest if they understand and have knowledge on cryptocurrency.

[Iandi anne]

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.  

Yes, I agree with that. One of the major reason why people are afraid to invest in Crypto is that they lack the knowledge about it. It requires knowledge, skills, and courge to invest in it. Beacuse honestly, investing in Crypto may take a big risk and most people are afraid of losing or taking that risk.

[Zaquess]

Most of people which i know are afraid to buy cryptocurrencies because they are buying it just to get rich and are not confident with it. They are rather going to wait until prices come up and regard everything again, as many times before. And as you take a close look to the graphs and time, we dont even know much about it!
And its hard, even for me when i got involved into it, wish i wouldnt deposit until now! Half year ago the price was fine for me and i was all buying at the almost ath price! Which i look today and said to my self what a dumbass i was. Than few days ago a buy a few cryptocurrencies again, and at the moment for me was fine the price, and cheap! And for everyone who i asked. But today, again all 10 % down. Wish i had one crypto angel guardian telling me when to sell and buy 

[alizalela7]

The true value of Bitcoin is not at its price, but at its potential and potential. Some of them have not yet realized their worth and they do not understand the value of crypto carrying them so they are afraid to invest in them.

[hungsanh2512]

Electronic money is unstable fluctuations, appear many "decoy-hands" do not research themselves, do not understand basic principles of the chart .... make people have psychological panic when given money into Coin

[Main ML]

Brcause they consious with the risk in investing cryptocurrency. The people won't loss their money for uncertainty thing, but if they are lucky in crypto, actually they will be rich people in the future, but they doubt with cryptocurrency because it is not real like the gold. They think like bought a mouse in a plastic which can't be seen by eyes.

[kenel]

I think it comes from a lack of enthusiasm that has been squandered on unnecessary things. perhaps this is due to lack of interest in the world. maybe the man is satisfied

[Chestt]

It's only natural. People have always been wary of everything new and unfamiliar. On the contrary, I'd be extremely surprised if they were ready to put all their money in crypto before they learned what it was

[Ribbitforum]

Crypto is Risky! i dont think no one are not really afraid to invest.. all are really afraid ,i dont think your not afraid to invest

[JohnWick_Bitcoin]

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 to invest on cryptocurrency but they did not want to take risk since every people just want to earn money and they are afraid to lose their investments.

[atetess]

We cannot blame someone who are very afraid to invest with bitcoin or crypto currency.  We are aware of the news in the internet and because of that,  they doesn't want to invest anymore.

[snewkadel]

People are afraid of everything new.Remember when they started trading securities, there invested a very small number of people.But now the cryptocurrency is a wildness to many,"like that out there on the Internet may be worth the money",all polzuyutsya this logic.

[bryant.coleman]

One reason is that it has gone up so much in such short time period. Eight years back, the exchange rate of Bitcoin was just $0.001 per coin (according to New Liberty Standard). The current price is 8 million times of that amount. This can be quite hard to swallow for the traditional investors.

[illnino]

Many people really do not trust the cryptocurrencies and even call it the bubble. They watch how the alts' prices change constantly, and they are simply scared to lose the money.

[canadinhano]

Hackers are always lurking, and the risk of price is always a burden for new investors, so when they have no knowledge they are always afraid of this market.

[Chooroz]

Many people really do not trust the cryptocurrencies and even call it the bubble. They watch how the alts' prices change constantly, and they are simply scared to lose the money.

There are still many people are afraid to invest in cryptocurrency because they dont believe that there money will invest will grow very high on crypto and off course many more people are afraid because there are a lot of scammers in cryptoworld.

[victoryana]

Some people have psychological trades and they do not want to venture to invest in the crypto market and assume that the market like the bubble may break but they do not yet realize the bitcoin value so they will be afraid. when investing in cryoto

[nelson4lov]

To sum everything up, People are just afraid of the risks involved. Like other businesses, Crypto has risks. While you're being careful and taking precautions not to fall into a hacker's trap, You also have to be wary of the market conditions. They're just too many things and at some point, you get to play keeping up. It's also requires time and dedication and not everyone has such. If those risks are minimised, we should be good to go

[Firefox07]

I don't think what are the real reasons why they are afraid of cryptocurrency. Maybe they are afraid to lose their money. Or they just don't want it at all.