What factors scare others from investing into bitcoin?

[Eureka_07]

Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?

Other factors that scares people from investing bitcoin is the condition of the market. The fluctuations of bitcoin in the market can literally affect the investor's thinking especially when they lack knowledge and strategies about cryptocurrency. Another factor is the negative impressions or gossips of other people to bitcoin.

[Jamescur]

I think the power of the media is most likely to scare people who are investing in BTC!
The media reports that BTC is not good will affect those who have just invested in BTC!
They do not understand BTC. Information about BTC is obtained through the media!

[Quidat]

Depends on how a specific person introduced bitcoin to the other person. Because there were some, who believed in hype, that it will make them rich in no time once it will pump really high, yet they didnt even understand how volatile btc is.
The main factor that scare people away from investing is volatility. Weakhands cant handle the pressure when btc falls hard, and thats where panic selling takes place.

[CRYPTON0101]

Currently many private deals are taking place on the backside making it unlikely for Bitcoin to skyrocket again nothings putting pressure to put price up. Ethereum if they actually add the anticipated upgrades could make it 10 thousand times faster more efficient at that point I could see it exploding

[pejuang_mamak]

many people are afraid to invest in bitcoin just because they hear stories from people who are not responsible, have not proven themselves even been influenced by the talk of others so as to make itself not develop

[Assface16678]

Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?

I think the big factor here is the price alone because having a fluctuating value is scary and risky at the same time. Just like right now bitcoin is starting to lose investors because of its value that went to drop really deep this year. I think the second will be the influences and third is going to be the bitcoin ban to country. Well the media influences us not to invest into bitcoin and the country banning means you cant use bitcoin as an jnvestment anymore.

[elwiswoodie]

because bitcoin has no physical form and does not get support from some big investors,
the role of large investors will greatly influence the growth movement of the cryptocurrency industry,
and these big investors frankly deny the existence of bitcoin which then new people do not want to know bitcoin with any reason

[rickn]

The main reason why people do not invest in bitcoin is because of their immense volatility as there is no security that their capital will not be eroded overnight

[sp01_cardo]

They are scared if value will suddenly goes down when the time they invest on it. Second the legalization of bitcoin, scared that bitcoin will instantly banned in all countries. And last is if bitcoin is a scam.

[keanne_isaac]

Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?

High risk, volatility and uncertainty are the main reasons why people hesitant to invrst in bitcoin and some other reason to consider also lack of information on how bitcoin works or how it could be used in your daily online transaction.

[Putunembah]

yes, there are so many people who are currently afraid to invest in bitcoin, but some people are still making bitcoin as an investment, and they believe that bitcoin can still be used as a good investment, and still be useful for people. I also still believe that someday bitcoin will be able to provide a lot of benefits for me.

[Indrawan77]

I think the risk of losing money, if you see the price chart you can see how big was the falling price, from december 2017 until now the price has fallen quite deep and many people lost money and the situation got worse by exchanges being hacked and some government banning crypto, it makes the people wonder will crypto giving them profit

[Finestream]

I think the risk of losing money, if you see the price chart you can see how big was the falling price, from december 2017 until now the price has fallen quite deep and many people lost money and the situation got worse by exchanges being hacked and some government banning crypto, it makes the people wonder will crypto giving them profit

The current situation for crypto is not really good to attract investors because instead of getting interest in bitcoin because of its price that will suddenly goes up to the moon,they will just fear on it and think that they will lose if they had invested before.They should be aware first that volatility is normal for bitcoin and this current phenomenon just happens every year.But if you have really faith in bitcoin,do not lost hope because bitcoin will soon to recover its price after its long dips.

[Blackrain13]

    I think the volatility of bitcoin is one factor others considered why they are scared in investing in bitcoin because they are afraid to lose their money . Scammers are another factor to consider. A lot of people don't want to invest in bitcoin sometimes when they heard bitcoin the thing comes on their mind bitcoin is scam. They don't want to be scam. Another is Risk,other people are not risk taker because they don't want to loss their money.They don't want to regret if ever. They have no trust in crypto that's why they don't want to invest in bitcoin.

[batang_bitcoin]

However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore.

Those type of people when hearing something that they can take such as volatility and risk, they are not real investors. It's either they just heard about bitcoin and only listened to the word "profitable" but not with it's nature.

Guys, what are some other factors that scare people from investing into bitcoin?

Speculations that are against to bitcoin that are bringing up negativity, this makes them skeptical.

[Vness10]

Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?

I think if you enter in crypto world especially in bitcoin investment you need a wide minded about this because it's serious and risky. If your not study about bitcoin or crypto you can't understand that the volatility is included to bitcoin.

[sclmte]

Crypto investment is totally a risky thing, but if you can take it and manage to control your emotions, definitely you will succeed. The reasons why some individuals are getting failed in here just because of uncontrolled emotions which could lead them of not thinking wise. I may say that volatility grows as market continuously spreading, having an unpredictable market trend gives worries to the people and couldn't control their self which makes them decide to sell their coins once there is a sudden fall. It's a loss for them actually.

[PX-Z]

I think the most scary about investing in bitcoin is the high volatility of its market value that can cause of the unexpected decrease and decrease of its price that could be hard for anyone to predict, no one really knows when it will rise or fall.

[btc78]

I guess its the issues that has being thrown towards this great coin,those Fuds,fake news and the pumping and dumping that what has said being manipulated by whales.

Maybe this is the task we must do to clean the name of bitcoin together with the cryptocurrency's so we all benefits the incoming investors

[TepungBeras]

It is true that there are still many who are afraid to invest in bitcoin, and I think the reason is one of them with constantly changing price changes, as well as a lack of understanding.