What factors scare others from investing into bitcoin?

[tonyvo2017]

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 makes people afraid when investing in bitcoin is the price fluctuation. It can go high and then drop right after that. Now the price to invest in a bitcoin has reached over $ 3,000 so it makes investors more cautious and anxious. Be careful in deciding to keep or buy, sell your bitcoin at this point.

[stely]

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 many people want to be rich but they don't know how it works. They need spend some time to get knowledge about the structure of the cryptocurrency and market. Only after that you can apply.

Well the reason for that it’s new, and many people still have yet to learn more about it. However for some people who are involved, often get scared out of the market and all involvement. This also creates a ripple down effect to the others who were thinking of getting into it find factors that prevent them from doing so.

[ciricoro]

A great many people are terrified by their own newness or obliviousness of Bitcoin. While there are other people who are stating that the principle motivation behind why other individuals are frightened putting into Bitcoin is the way that it is viewed as a rise to a few, I would state they are terrified in light of the fact that they don't have the foggiest idea about the genuine article of Bitcoin. In the event that exclusive these individuals will endeavor to comprehend Bitcoin better, they would not be this effortlessly influenced.

[Snakerist]

From my experience I can say that many people are scared about investing in general (fear of loosing money). And they scared to invest in Bitcoin because they think it's already late to do this.

[ordeath]

Some factors that people scared on investing even in other is that their money will lost ofcourse no one want to lost, and bitcoin as they know that this is a good in investing and for sure they will not scared because it is sure will earn profit from it.

Yes you are right. People are really afraid of losing their money. Everyone wants an easy profit, that nothing should be done. But this does not happen anywhere, and in the cryptocurrency, too. You need to read, analyze, and only then invest. And then you will not have to be afraid.

[deppil]

The reason why people are afraid to invest in bitcoin. The country where they live doesn't legalize bitcoin and can make them doubt, they fear if bitcoin is lost, then no one is held accountable.

Yeah that also affects. however, the government has a vital role and the general public strongly believes in government talk. what the government says is actually too overwhelming such that bitcoin is ponzi scheme, deception, very fluctuating, etc. so people are afraid to invest

[Twinscoin2017]

The reason why people are afraid to invest in bitcoin. The country where they live doesn't legalize bitcoin and can make them doubt, they fear if bitcoin is lost, then no one is held accountable.

Yeah that also affects. however, the government has a vital role and the general public strongly believes in government talk. what the government says is actually too overwhelming such that bitcoin is ponzi scheme, deception, very fluctuating, etc. so people are afraid to invest

Maybe that was also a big factors that effect in some other people that is afraid on investing on bitcoin. We are all afraid to loss an amontvof profit but we need to do so, sometimes we really need to sacrifice in crypto even if we all know that we can really loss and maybe win on the feild.

[Hipag]

So many factors that many people are scared to invest in bitcoin, for not legalized, lack of knowledge, influence, bad news, volatile, and of course loose money and many more.

[andieoke]

Bitcoin's unstable price makes many people afraid to invest in Bitcoin. whereas we all know, that the price of the digital assets Cryptocurrency is indeed fluctuative. I argue, people who are afraid to invest in Bitcoin, are those who do not yet understand Cryptocurrency.

[ZazaG7]

I do trust that value unpredictability and lawful status as the primary worry for anybody to think about their association in Bitcoin and different cryptographic forms of money. I don't imagine that there is some other issue like innovation or ease of use. The absence of mindfulness is one of the real explanations behind the general population not to get included with Bitcoin in light of the fact that they trust the media stories without doing their own particular research and endeavoring to comprehend what Bitcoin and blockchain innovation is about and how it functions.

[alexs_03]

I believe that price volatility and legal status are the main concern for anyone to think about their involvement in Bitcoin and other crypto currencies.

[mak2017]

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?

Patience is the key factor why majority don't believe in bitcoin still.
The problem is that we don't have proper financial education in schools, so people simply don't understand how investments work.
So when people saw a bull run in 2017 and joined the market most of them thought that this will be an endless run 
Big players always love to take small players money, no matter which market is it crypto or traditional, things are pretty similar here.
Don't care about the price that much, manipulation and FUD news, just understand that last 9 years bitcoin has been only growing, and thats a fact!
Bitcoin doesn't need to grow whole year around, it's more than enough to grow only 1-2 months to reach new heights.

[ggezlink]

Putting resources into bitcoin is alarming and dangerous particularly in the event that you don't have any thought, information or procedures. There are numerous elements of why individuals are terrified to contribute through bitcoin. To start with, is security bitcoin are not authoritatively stable because of the administration arrangement that attempts to boycott bitcoin in each nation. Second, is on account of this is computerized cash they are perplexed on the programmers and tricksters on the web. Finally the value unpredictability, the sudden fall of cost is alarming that can cause huge loss

[noisybit]

I think people are afraid to invest in bitcoin is the main thing is that they are afraid if they invest in bitcoin will fail and besides they are also afraid that there will be many hackers who steal their investment

[bloodyvio]

the main factor is the legal issue
if the issue of legalization by the government does not find a final point
This will affect investors to invest in cryptocurrencies
they fear the cryptocurrency will become bubble in the near future
just like bubble dot-com
and they are afraid to jump into the crypto

[Legwist]

People will always be afraid of having their money taken away. Some believe it to be scam and ponzi scheme. But when whole the world accept bitcoin there is nothing to be afraid.

[wqiwi212jsjs@jj]

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?

Some of my friends think Bitcoin is like soap bubbles, they invest but are afraid of risk. I'm not sure if Bitcoin will live forever but I have confidence in my options, I think that when it comes to investing in either the e-money market or the other, the risk is inevitable. Learn how to find and make friends with electronic money, it will help you pretty much in the future.

[rasmadisulaiman]

Another factor why people are afraid to invest bitcoin is the bitcoin price uncertainty makes people afraid of losing money, they do not want to take risks, but I think bitcoin is very profitable if we really want to enter bitcoin investment, already many people who managed to invest in bitcoin.

[sweetwine]

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?

Recently, The cryto market is bleeding. It now get more speculation. So the most of Investors think BTC is like a bubble. Although, they still invests in BTC but not holding for a long time. Its really risky when lets their money in the volatile market. However, Some people can take advantage of this opportunity to get more profit because of their knowledge about BTC.

[indah333]

The principle of the person is different, they may still be afraid to invest in bitcoins in unstable bitcoin values, which sometimes become high and degrade unpredictable values.