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Author Topic: Why are people afraid to invest in cryptocurrency?  (Read 2152 times)
snewkadel
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August 16, 2018, 06:50:38 PM
 #621

So if you encourage them then it is great but don't force them to because they might blame you in their lost. They are just not realdy yet in the cryptocurrency and they are lacking of knowledge yet maybe if the cryptocurrency becomes famous then they will give it a try.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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August 16, 2018, 07:59:11 PM
 #622

i think the may reason why people are often scared to invest in crypto is the uncertain of their chance of earning big or losing big during a particular season of the year. Aside this, another reason why people might be too scared to venture their funds into crypt investment is the increasing scam in the crypto market. currently, scam has saturated the market that people have become very in secure and indecisive about their investment in the market.
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