Why are people nervous about owning and investing in cryptocurrencies?

[doroshok1]

I see a lot of questions about cryptocurrency. I don't understand why people are so suspicious. We all see that even taking into account the fact that the cryptocurrency fluctuates, falls, rises again. But from year to year growing. Even when the price is low, it is a great opportunity to buy more cryptocurrencies when a good time to sell is rising if it is not a long term investment. In any case, there are positive aspects, the main thing to be able to use them and look for. And there is no reason for tantrums and nerves. And the risks associated with cryptocurrencies, we all know and understand. To do this, we do our research. And each of us is doing everything possible to minimize the risks. So why are so many people constantly nervous and worried about it?

[Awesomus Maximus]

So why are so many people constantly nervous and worried about it?

Maybe they are risking more than they can afford to lose. If they are, it is not a wise thing to do. When you invest in cryptocurrencies you should be prepared to go to zero. It is a real possibility. As much as I would like to think it is not, it is similar to gambling. So people should understand this one thing that they can lose their investment. If they can afford to lose it and be Okay with it, there is no place for worry and nervousness.

[covfefe_]

Cryptocurrencies are one of the most risky investment present at the current time. There is a high potential profit but also has a risk of cryptocurrency being discarded due to a lot of problems created by others or cryptocurrencies themselves. But to be real, at current market, not buying is the stupidest thing you'll ever regret about.

[tytanhamon04]

People are nervous because the market is unstable but if you now buy bitcoin and altcoins on dolgosrok I think it will bring a lot of benefits when the market starts to grow but do not need to sell at the first jump of the coin .

[myCrowdForce]

The fearl of losing your money. Government legislation of most nations is also not supporting the full adoption of cryptocurrency and blockchain.

[CryptoRama]

Usually there is because the thing goes one, do you think all the people like it when came money in paper out? First it was allways gold coins or silver coins, then we had paper money, now we have digital, people think they are buying air and not the technology.

[Komissarnik]

Any novelty is intimidating, and the novelty associated with the risk of invested capital is frightening in a double



gratitude is welcome

[mirgo1791]

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[hardewale148]

The only reason I think it's making people nervous in investing in cryptocurrency is that the market price is red, so this is making them afraid of what to do, either to sell off or hold, or to invest more

[muncuss]

How if crypto market never recover? nothing backed cryptocurrency.
Also how you feel if you invest in something that many governments against it

[GAG]

Nervous usually people who invest for a short time or trade within a week / day. Since the volatility in the crypto market is very high, people during the week how to increase their capital at times and there is nothing left.

[jin_dv]

Hi, everybody. Of course they are nervous, because it is a very big risk. As a rule, many bet more than they can afford to lose. So and such attitude. And yet, after all, a lot of instability in this area and there are liars, here and such behavior.

[CryptoBry]

Unlike other type of investment, cryptocurrency has become the democratized tool since anybody can join us here and there is no restriction or qualification whatsoever which means that the cryptocurrency platform is made up of whole array of people and backgrounds and many of us are very new to investing and as neophytes many can be easily aroused to do many things stupid compared to someone who is already professional and knows many things basic and advanced. This is one factor why this market is always marked with great volatility not seen in any other market...which is of course can be bane or boon depending on which side you are looking at it.

[Grim149x]

Because they are not much of a risk taker. They are afraid because when crypto drops it can drop hard, no matter how it can grow, they are just playing it safe. It's their life and I think we should not push them if they don't want to enter crypto because they don't have the guts.

[caisa88]

Because they fear that they might lose their investment, especially when they see this kind of bear market that is already going on for more than 8 months. But those who know the true potential if crypto know that this is a great time to make investments.

[Lighthouze]

The high risk involved with cryptocurrencies is the reason people are nervous about owning or investing in it. Because there is a lot uncertainties surrounding it, some people will rather stay away and invest other traditional investments like government bonds, etc.

[louie69]

I believe that with the the recurring bear market of cryptocurrencies wherein price value had dropped huge value, most of these people are afraid especially the newbies in this crypto community that they might end up losing with their investment. These people were thinking that there will be more dips to come to the point that they feel it could nt recover anymore. However, I personally believe that people should not worry too much as btc and other cryptos will be back on track and recover from it's dip soon.

[djprobsbd]

I think that is due to too much FUD in crypto market now making investors doubts about bitcoin in general and blockchain technology in particular. I still believe in blockchain technology and Bitcoin still the king.

[Ghebung Masam]

bad news and FUD have made panic and have a bad impact on the market. now everyone is afraid because their assets have dropped dramatically and have almost no value. aggravated by some people who suggest selling or continuing to hold it which makes people increasingly confused which direction to move.

[Ararbermas]

Actually those who are nervous about owning and investing crypto currencies are"  Lazy " people. which too lazy to make some research to obtain specific information and knowledge, ( which even it is a big hep for the sake of their capital especially when there's a negative issue in the market) that's why  they're all  had fear and become nervous about owning crypto because of being lacks, which is always relying also on others thoughts and predictions before making decisions that sometimes can cause losses and failures.