Why are people nervous about owning and investing in cryptocurrencies?

[Gozie51]

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

It is normal with every business you want to start newly, moreso, the one you have barely heard about, know how to go about it nor even as it were, digital currency. So when people get much of anxiety on it, I do understand it. You don't even know who holds your investment in an exchange. You can't hold your country responsible if anything goes wrong.

These are some of the anxiety that builds up until a time when the fear is gone.

[peter0425]

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?

You can blame media. They portray bitcoin and crypto as something that is bad. Take for example, Warren Buffet's attack, calling bitcoin as a rat poison. That alone will not sink on a casual investors like the majority of us, or people wanting to enter. And then media saying that its been used by criminals. So media for me plays a big role on why crypto is getting a negative side from a lot of people and not wanting to join and enter the ecosystem. Yes, DYOR should be the first thing to do, research everything and when you are ready then enter and invest. No need to listen to media and don't be influence by them.

[ljp7839008]

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 .

Because people hope for the cyclicity in 2017. And cycles are not repeated this year! All those who invested their funds in the beginning of 2018, hoping that there will be a bullish market at the end of 2018, see that the cycle is not repeated and the market has long been at the bottom. That's nervous!

[Aniadec]

People are nervous because most of them had taken loans to get in BTC and etc. Some even sell their houses.

[tuanytcc]

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?

Because almost investors when come to this market all desire that they can earn much money and in the short time, and they always are in the mood of gambling more than investing

[MsBella_120799]

 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...The high risk involved with cryptocurrencies is the reason people are nervous about owning or investing in it...

[mobireal]

 people nervous about owning and investing in cryptocurrencies why because the are thinking when the invest the might have there money lost on the process that's there reason while some don't understand the process of investing in crypto which bring them fear.

[tomahawk9]

People are afraid of what they don't know or understand, that's pretty much one of the main reasons why cryptocurrencies aren't that popular just yet. To the general public, it may look like a complete hassle to start to get to know about cryptos and how to use them, they'd rather invest in stuff they've hear a lot or have proven to be safe investments like stocks and whatnot.

[krassy]

People are a lot nervous about cryptocurrencies,because they are addicted to cryptocurrency in the hope of getting a quick income or quickly increase their investments in the wave of HYIP, but this wave has now passed, and many have made a mistake with the choice of the project or token, prices have fallen and many people have lost their investments and have to wait for the rise in value to return their investments. These people do not have patience and do not understand that the cryptocurrency market is very volatile and only patience and time can change the situation for the better.

[antonwantbitcoin]

A friend of mine. Not all people understand the market so well. Many just came to play with the money or to chop them. They do not have enough experience, they have to learn a lot

[jpnl0005]

First i would say that they are not exposed and they might have met the wrong set of people who have inflated their minds about it negatively so that has made they very nervous and not wanting to take the risk thanks

[Anna Borisovna]

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?

those who bought at a higher price are very nervous. and now, having lost half or more, they are waiting for the return of the former value. And looking at the last year, many counted on rapid and stable growth. They made very optimistic forecasts. which are not justified yet)
but also because of inexperience in the trade)

[deadpool02]

The reason I believe people are nervous and scared about crypto investments is basically the high volatility in market, no regulations, market fluctuation making pumps and dumps, no government body support etc, many conventional investors need a third party to safeguard there investments let it be a government body or private firms who can take responsibility to keep there investments safe from hacks and thefts as well.

[miropp]

Maybe they did not fully assess all the possible risks and were not ready for such a turn. It's very difficult to be prepared for the fact that you can lose everything. Therefore, if you know that it you is very painful to endure the loss of your money, then you better not waste your nerves.

[qtronix]

Perhaps some of them came here to become a millionaire in a week and when they realize that this is impossible, they start to panic. I do not think that a person who has been engaged in crypto for a long time and has well analyzed each of his investments will write about how everything is bad and that he is losing money. Such people are confident and just waiting.

[Yaddady]

Investments in cryptocurrencies are one of the most risky investments at the present moment. Faced with a lot uncertainties and the fact that a project can exit scam at anytime without any repercussions, makes people to be more averred to it

[valter_dego]

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?

Now crypto marketplace is in downtrend and price of some coins fell by 10x. And among people who hold crypto, there are many who bought coins when price was high. Therefore they are nervous, their investments have depreciated several times. It will be a long time before they can return money invested.

[Kupid002]

Maybe they did not fully assess all the possible risks and were not ready for such a turn. It's very difficult to be prepared for the fact that you can lose everything. Therefore, if you know that it you is very painful to endure the loss of your money, then you better not waste your nerves.

We can not deny that we are very shocked at what's happening in the market now. The condition of the market now are causes nervous to a lot of people that holding huge amount of asset that more than they can afford because it might be lost.

[Ostonian]

Those who hold and have a cryptocurrency in their portfolio are nervous because their savings diminish every day.
And the rest are afraid to invest in the cryptocurrency, because there are risks of getting caught on scammers, that's why many people stop making decisions.

[socksserver3]

I think that it is obvious because investing in crypto involves risks even if you are an expert and have learnt the basics of trading in the crypto market. To my mind, being nervous is normal