What factors scare others from investing into bitcoin?

[mkcube]

I think one of a factor that ither scares investing into butcoin is prone to illegal activity because the givernment did bot manage bitcoin. Yhe banking also afraid bitcoin  caue they think bitcoin replace the banking.

[Gramna]

As an observation, people tend to be scared of the following items, and that's the reason why they are hesitant in investing into Bitcoin.
Volatility - of course, as an investor you will be very concern about this, it is a given that you would want a safe route in multiplying your money and would not want more stress due to volatility.
Media - most of the news about Bitcoin is either false or just full of negativity, this hurts any potential investors, sometimes even the existing investors are affected of these black propaganda against Bitcoin.
Legality - another main factor is the legality of Bitcoin, not all country has legalized it, as of this writing, there are still some who are skeptical about it, hence not aloowing their people in using it.

[wow.magic]

I do believe that price volatility and legal status as the main concern for anyone to think of their involvement in Bitcoin and other cryptocurrencies. I don't think that there is any other issue like technology or user-friendliness. The lack of awareness is one of the major reasons for the people not to get involved with Bitcoin because they believe the media stories without doing their own research and trying to understand what Bitcoin and blockchain technology is all about and how it works.

The legal issue , the scam issue . They are afraid to lose their money. And maybe because of the price and the high votality

[alfs75]

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?

The risky and being volatile,are the factors why should some people or investor scare to invest in this cryptocurrency investment,especially now the situation thats mostly the market is  still bleeding and all crypto coins turns to dump,otherwise by the words volatility there's a tendency thats this situation now become inverted and this struggle happens would turn into prosperity,especially thats theres something coming up now in the market and this is bull run  of all crypto coins.

[grabpopcorn536]

The media in my country, they are propaganda that investing in Bitcoin is a loss and a danger. They give a lot of examples: Bitcoin is a non-liquidity market. - Account stolen and countless scams - Bitcoin price is not stable.
But the real understanding of Bitcoin for the people is too little. As for investors, they will pay attention to market dynamics, public opinion, and profit. Make them hesitate to invest.
This is what I know in my country.

[Axelseseclevz]

One of these i think is the fake or negative news that created by people who have not doing good in their lives. That's why some bitcoin investors got panic and immediately decided to sell their investing bitcoins. They can not reach and fulfill their goals.

[RakknRoll]

For me the factor that can scare the others investors from investing into bitcoin are all about the legality of the business in this industry
because of the humours that spread out about scam although they are not.

[reronggo]

Most of people scare in investing on bitcoin because they know that the bitcoin price can change anytime and fall anytime, it makes people doubt to invest on bitcoin. They won't to put their money on uncertainty investment.

[yulchatar]

One of the factors that stop people from investing in bitcoin is the inability to hold it in their hands, such as fiat money. And this concerns not only bitcoin but also other cryptocurrencies. Despite the fact that progress doesn't stand still many people remain faithful to paper money. Therefore, from the lack of knowledge, they refuse to accept new types of currencies such as virtual money.

[athlete]

One of the key factors is the large volatility. But still the popularity of investing in crypto currency is growing

[yesuidanggan]

A country's policy on BTC to investors is the biggest impact!

Although the currency itself is a kind of neutral technology is not influenced by political, but the price of the currency would occur because of such events of volatility, so far, this is one of the biggest factors influence on the currency price.

[Jamescur]

The technology and safety of BTC affect people's investment!
When the media broke news that a stock was stolen, the price of BTC was always plunging, and people panic selling, which had a negative impact on BTC's investment!

[Epimetheus]

Bitcoin is volatile currency so volatility of bitcoin is the primary and main reason behind people scare to investing into bitcoin. Bitcoin price is not stable and due to this many investors suffer from loss . Another reason is stability issues. Bitcoin is not stable. It is constantly ban in different countries for some reason because ot this the price of bitcoin falls and this thing directly affects to the investors. Another reason is bitcoin is a virtual currency because of many people still doesn't believe on bitcoin. Some other reason is its involvement in criminal activity etc.

[wallstone]

I think people have a particular fear before investing in bitcoin. I think the biggest worry of many investors before deciding to invest in bitcoin is unstable profit and the big threat from the hacker. So few investors agreed to take the risk to make a profit from bitcoin.

In every investors have different fear before they start to invest in bitcoin. Yes, your opinion is all fear of every investors that's why we need to be careful all of this and we need more patient to face the challenges before we get high profit.

[Vart4varta]

The risks of investing in Bitcoin crypto currency are related, first of all, to the peculiarities of bitcoin itself. Despite the fact that today this crypto-currency is decentralized, gradually bitcoin will increase the desire for centralization.

[TelolettOm]

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?

maybe you submit is one of the factors why people are afraid of investing with bitcoin other reasons may be the government is still not inaugurating bitcoin as a legitimate currency and can be used as a tool to buy or transactions like the currency in circulation

[tracy.hong]

The main factor scaring people away is the volatility of Bitcoin.Hopefully,  we are more wise in accepting and understanding every news that appears.

[Stioned1987]

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?

One is its sudden price trade. As we recognise,investors ought to truly be careful and observant with the bitcoins fee because of the excessive change fee of it. lots of buyers think about it as a reason for them to now not invest in bitcoin. The folks that unfold a few poor news about bitcoin additionally influences its goal buyers due to the fact lots of them are over excited and are scared to risk their money in bitcoin. As an amateur investor, I additionally have some doubts in bitcoin once I first started out but it grew to become out genuinely properly and gave me a few profit with my investments.

[SingAlong]

Investing in bitcoin is scary and risky especially if you don't have any idea, knowledge or techniques. There are many factors of why people are scared to invest through bitcoin. First, is stability bitcoin are not officially stable due to the government policy that tries to ban bitcoin in every country. Second, is because this is digital currency they are afraid on the hackers and scammers online. Lastly the price volatility, the sudden fall of price is scary that can cause bankruptcy.

[Deathgamer]

Well the factors that scares other people to invest in bitcoin is its volativility that reason why it is risky and many people are afraid to lose money thats they are scared to invest in bitcoin.