What will keep people from getting into cryptocurrency?

[arifin eky]

many factors can prevent people from entering the world of bitcoin, one of which is an appeal or ban from the local government.

this is an obstacle that makes people afraid and hesitant to join. The government should legalize transactions using bitcoin.

[Pattart]

I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?

Crypto user continues to use bitcoin they know how bitcoin give them a good profit even it's on bear market and we all know that bitcoin is proven that will give to us good earnings in different ways. That's why many people still use bitcoin.

Although bear trend happened, they still believe that high prices and skyrocketing will definitely happen again, which makes them
continue to believe and survive in crypto. they believe in crypto's future, so they continue to hold or even invest more..

[ClassyDancer]

Knowledge and access are key. Not only do we need to understand what cryptocurrency is and how the technology behind it works, but we also need the right infrastructures or at least better internet access. And I think government backing will help too. If the government supported it, people will feel more secure in trusting cryptocurrency. Do you agree?

[resty]

I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?

Actually bitcoin is our life changer when we discourage about the situation now we are a loser remember if bitcoin become rise again we have so many chances to get huge profit. crytpo currency is a leading in terms of business because we are now in digital processing  because of hi-technology uses why we don't grab the opportunity. since there is crypto currency in our life we don't quit it this will gonna bring us to our good journey in our life.

[mickeybuddy27]

actually to me what will keep people from getting into cryptocurrency  is peoples testimonies. it will energize people.

People who came into bitcoin with few knowledge about it cannot help other people to keep on it because price is very volatile. Dome people come energetic as they think that easily they could gain profit, but as expected the price goes down after they invest which result for them to exit thinking to cut more losses. Then spread news about bitcoin yo be scam. They give poor judgement that other believe on.

[admosfir]

I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?

I think people who interest in bitcoin is caused by the price that has increased drastically in just a few years, from this interest, finally many people are exploring knowledge about bitcoin and discover many advantages and benefits of bitcoin

[Getcoinsite]

I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?

Nope you’re wrong with that because that characteristics is the reason why people loves being here the volatility and the decentralization all of this keeps people coming and get involving to cryptocurrency,look at the users counts now almost becomes double from what is last year.if you are basically into the prices now well all i can say is investors are only waiting for a perfect timing to re enter

[Ahimoth]

Statistically speaking the biggest blocker for those who are interested in bitcoin is that there is a lack of investor protections currently I don't have a link but I beleive it was a coindesk article but I could be wrong.

Life in crypto currency is all about money so in order to get people in this system then we must assure them of profit. They will only be interested in crypto currency if they knew that they gonna earn a lot. People wants to achieve something before trying it and giving them earning is what crypto can provide them.

[AliMan]

Statistically speaking the biggest blocker for those who are interested in bitcoin is that there is a lack of investor protections currently I don't have a link but I beleive it was a coindesk article but I could be wrong.

It's all about money, as long as crypto currency can provide it then I guess it's done. Well people got interested into a system that can give them what they want. Basically, crypto was built to give us income and I think that is the asset that it has. Whenever crypto is beneficial is making profit then people will be interested to it.

[deloreswest]

Well many things could make people stay away from cryptocurrency, but the major things is regulations and the uncertainity of it. Many people need protection and to make sure the safety of their investments. So as long as its not fullg secure and there is still uncertainity i believe it willmake more people doubt on crypto and thats what makes people stay away.

[Aldrinx00]

Investors are gaining trust on Bitcoin because of it's use case, easy transactions online without using any third party. Anonymous transactions is what people wants. I don't think people will avoid Bitcoin because of it's price volality, i can sense that this is one factor why people are getting interested because their investment may give huge profit in the longrun.

[Usafstar]

I think that crypto users are aware of the fact that here the volatility is high the price some time fall more to it's average level but it is not a permanent [problem and things changed with time like people are coming to crypto not because of price but for making transaction they love to use crypto for payments.

[Callanta787]

Fake projects won't do any good to crypto except bad mouthing it,this will keep people away from crypto ,unless something is done about it ,the scams alarming is getting higher.

[tonyvo2017]

I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?

I think the problem with people not participating in e-money is that they do not really hold it as paper money and that probably makes them suspicious. In addition, they only really see it as a short-term investment or a long-term investment instead of a new tool in the future. They are afraid that they will not get high profits or even lose money when the price of the crypto prestige is quite high.

[dtpman]

gain knowledge and engage with market

[theyRmose]

the number of scams and such, making cryptocurrency negative by some people, I think that prevents them from investing.
this bad impression must immediately be eliminated, it is to invite many people here to believe in this investment.

[vfrcbv91]

I think it might be closing down the banks where they keep their money. When people realize that bitcoin is more honest than banks, then people will use btc. IMHO

[Payme21]

The major thing that drives people away from cryptography is simply that negative publicity around crypto and the fact that it is unpredictable and difficult to plan for. People want stuffs that are straight forward

[rochellesagabaen]

For me it's much the same as cash and it's likewise go about as speculation so it's diverse with other money that I've at any point known. At the point when the vast majority choose to keep utilize bitcoin in light of the fact that they have completely comprehend that cryptographic money was being work for advanced time particularly for exchange reason.

[BitcoinOddsChecker]

The surrounding news is possibly one of the biggest factors that might drive people away from looking into its benefits. Once someone reads something negative about crypto, this can strongly affect one's perception in an instant. Of course, there's also the fear of volatility, safety, and the longevity of it. Stepping outside of your comfort zone is not exactly a walk in the park. I guess it's hard to compete with something that's been around for who knows how long.

Getting to know crypto can be quite a task but I do hope that it draws more interest now that more are beginning to embrace the technology, especially major companies around the globe.