What factors scare others from investing into bitcoin?

[Sampson7]

I  believe 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

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[PhucS]

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?

You have said the most distasteful thing to investors when investing in Bitcoin, which is the volatility. Bitcoin value is not stable, it can grow very quickly after only one night but can also decrease very strongly in one day. Many investors fear they will lose money because they can not predict the situation and can't guarantee their capital. In addition, legal issues as people have said is also a barrier to investment in Bitcoin. It has not been legalized all over the world, not all countries agree to accept Bitcoin. It is hoped that these will soon be improved

[botkiller]

The price of bitcoin has dropped sharply. Bitcoin does not develop again for a long time. So many investors are very worried about bitcoin.

[onrise]

Potential investors loses interest in investing bitcoin because the mainstream media is spreading news that bitcoin is nothing but a ponzi scheme so those with only little knowledge of bitcoin easily believes it and avoids it. Another main factor is volatility we all know that btc is very unstable currency but you can also capitalize from it unlike in the stagnant stock market.

Sometimes this media does not understand what the decision government has taken and just in order to get breaking news they will artificially create a news and shows to people that government is not supporting or so on. Thus it will create a panic situation and market will crash and people will move away from it.

[soros008]

Best factors is bitcoin legal or not also its price volatility people afraid to loose money and they think its volatile currency if price goes down then we will be in lose also They afraid if governments banned this currency how we get our money back but peoples can take calculated risk and get profits from bitcoin. these factors scare peoples to invest in bitcoins.

[yourialfa]

Perhaps the factor that causes others to fear investing in bitcoin is because bitcoin is not legal in their country. Bitcoin still has not received permission from their country's government. So this is the legal factor of bitcoin. Maybe that's what makes them afraid to invest in bitcoin because there is no legalization in their country. And also bitcoin becomes an unstable currency. This will certainly make people think 2x to invest in bitcoin. That's just my opinion.

[roller24]

The most important fear of the investor is the unstable price of bitcoin. But there is another factor that affects the interest of investors - it is legislation.

[mdrakibul]

The high levels of uncertainty in this industry is one of the biggest underlying reasons as to why people are scared of investing in bitcoin.I believe as well that banning is one of the big reason why people are afraid on investing with us since they are against with their own government and they are a very big block in Bitcoin industry that they need to overcome.

[monarchy]

For me there are many factors that make people afraid to invest in bitcoin and maybe because they are afraid bitcoin will die so they do not want to invest in bitcoin and maybe they think bitcoin is a very disadvantageous investment but many people out there who are looking for a nasty for his family dug bitcoin so in my opinion bitcoin is not as bad as what they think

[aryadiningrat123]

For me they are not afraid to invest in bitcoin just because they do not have the capital for invesatsi in bitcoin so I think they are not afraid to invest in bitcoin just because they do not have the capital to do invesatsi in bitcoin

[muneeb.zain]

Now a day there are many rumors about bitcoin that its a scam or many other things that are not actually the factor that fear the new investor the many issue is that the;
1. Most of the countries have banned the bitcoin due to their national policies.
2. That it is used for the illegal activities and other bad thing on net.

[Patrick777]

The price of bitcoin has dropped sharply. Bitcoin does not develop again for a long time. So many investors are very worried about bitcoin.

[Radnie]

Some of the factors that really scares others are the scammers, they are using this investment on their own advantage to victimize people by stealing their investment.Government acceptance also is one of the main factor, without government support is not easy or not possible to run this investment.

[dificanovi]

many factors a person is afraid to invest in bitcoin because bitcoin has a price that often rises and falls. there are also other factors that make people afraid to invest in bitcoin because the government in the country prohibits bitcoin and also there are factors that cause people do not want to invest in bitcoin because there are hackers.

[Nunii]

Security. Security of exchanges or wallets wherein the tokens reside. If only hackers are nonexistent, then adoption of this technology will be tremendous.

[tamarindbleu]

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 factor that they can get scammed is what they are really afraid of and it is reallt right for them to have this mindset since scam is really popular these days but if they dont give it a try then they will not know the trutg behind crypto

[Ashong Salonga]

The most important fear of the investor is the unstable price of bitcoin. But there is another factor that affects the interest of investors - it is legislation.

I agree with you that the price of bitcoin is not stable that's why many people are so afraid to invest, and for me even many people know's and want to invest in bitcoin they are not investing because many people is using bitcoin to scam people who dont have knowledge about crypto. And lastly people are afraid to lose there money.

[DoublerHunter]

Volatility, assurance and risk. Those are the factors that i think that scare or make the other people doubt about investing in bitcoin because they think that volatility will not make them money and it will just take money from them and there is no assurance that they will make a lot of money. All of those things will undergo for risk.

[mendra_2009]

Those who are afraid to invest bitcoin, because they do not believe in bitcoin. They only see bitcoin from a negative view and never understand the bitcoin as a whole, so they do not believe in themselves and are not sure they can make a profit with bitcoin investment, even they believe bitcoin is a gamble that can make their life difficult or even making them poor.

[DisWhale]

The main point is the instability of the crypto market of which Bitcoin sits on the number one seat spearheading the alt coins. Investors especially the inexperienced ones are thrilled by the attacks coming from the banks and governments against Bitcoin.