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Author Topic: Why are people nervous about owning and investing in cryptocurrencies?  (Read 2214 times)
Striker17
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September 10, 2018, 10:26:04 AM
 #61

Cryptocurrencies is a risky thing especially when it comes to investing, so the reason why some people are nervous and panic because they afraid to lose their money. So before you entering here in cryptoworld make sure that you know all the possibilities and consequences you may encounter.

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September 10, 2018, 10:40:40 AM
 #62

There are some factor which make people being nurvous about cryptocurrency like the decision of SEC. Many people afraid to innvest on bitcoin because they confused and afraid of SEC decision about ETF.
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September 10, 2018, 11:09:38 AM
 #63

Cryptocurrency market price continously droping that's why people are not able to hold their believe on crypto. But people need to be patient because it's will be up again after passing thiss worst time.
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September 10, 2018, 11:17:19 AM
 #64

this kind of situation is very well liked by big bag holders, they expect it to be able to buy a lot and situations like this are luck for him. stay calm and focus on investments or plans that you have made and do not be influenced by anyone or any news.
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September 10, 2018, 11:33:46 AM
 #65

This drop of crypto market price open a opportunity to buy more crypto by low price and if they can wait for long time they will be get chance to sell them with good market price.
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September 10, 2018, 12:43:29 PM
 #66

The fear people have is simply that no one wants to loose their  hard earned money into crypto in a twinkle of an eye.Thats why the rate at which people panic is high. No one wants to loose.As much as you can become a millionaire within a short while ,you can also loose big time
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September 10, 2018, 06:02:53 PM
 #67

Everyone has the fear of losing.Present condition of Crypto currency is very dump. Bearish condition in price rise. people are fearing it. They should understand, that it will never last for long.
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September 11, 2018, 11:44:52 AM
 #68

People are nervous because the market is very unstable and it is very unlikely that you will get a short term result. People also lack of knowledge about the crypto industry, that's why they are afraid to invest in the market.
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September 11, 2018, 11:47:53 AM
 #69

People are nervous because the market is very unstable and it is very unlikely that you will get a short term result. People also lack of knowledge about the crypto industry, that's why they are afraid to invest in the market.

Instead of unstable you may use this term volatile. This is the nature actually Bitcoin and all the cryptocurrencies in the market tends with. If you believe the worth of bitcoin will be doubled or tripled you may invest on it without any fear.

According to me people are panic on having funds over cryptos. If you search about the price value of each coins and volume from this year starting to now. You may find how much the price got crashed in the marketplace.

 
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mahvia
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September 11, 2018, 11:55:01 AM
 #70

People are suspicious because it is not easy to comprehend everything it stands for. Even if you know what it is (its functions), how to buy it, store it. If you manage to avoid scammers, hackers and thieves. There still comes pumpndumps that ruin your nerves Smiley
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September 11, 2018, 11:58:15 AM
 #71

I believe the reason for this is because people are ready to make money but cannot take the risky as crypto is volatile and unpredictable but I am sure if you take the opportunity to buy as many coin as you desire in the period of bear and you hold them for long term, I am sure buy the time you decide to sell, the price will be high and then you can make reasonable profit from your investment.
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September 11, 2018, 12:02:23 PM
 #72

Because people are always afraid to miss every opportunity to make some profit. Sometimes greed generates panic and vice versa  Lips sealed
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September 11, 2018, 12:13:44 PM
 #73

Its either their eyes are not yet opened widely or they are just too hard to accept the fact that this world is changing faster than expected.

Ever since internet was introduced there is so much we could do to make things easier or better our lives easier.
Even with so much negativity with bitcoin and other cryptos a wise man can still see how it will be a part of the future.
The internet is already the future and it is glued with it.
Mosesayo4450
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September 11, 2018, 12:38:11 PM
 #74

Most people believe and have been convinced crypto will have a much more greener future so they all invest,buy,perticipate(bounty,airdrop) in other to gather more cryptos for the future, but for now people are scared about the future of crypto so they all nervous.
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September 11, 2018, 12:42:34 PM
 #75

Electronic money is an encrypted asset. Non-governmental freedom, unstable and volatile at any time. On the other hand, the competition for electronic currencies is continuous ... That is what makes people worry about owning and investing in electronic money.
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September 11, 2018, 01:06:04 PM
 #76

The instability of price and rejections of govt. to use crypto currency is one of the major factors that derive people to invest in crypto currency market. The price of crypto coins suffers from ups and downs and Govt. of many countries hasn’t allowed the use of crypto currency.
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September 11, 2018, 02:44:06 PM
 #77

Yes, I agree that a lot of people are nervous about cryptocurrency and investing into the concept. It is very much gambling and there are a large number of people who invest more than what they can afford to lose. I don't think that putting your whole savings into it is wise even if it looks like a "get rich quick" system. I think we all have to be skeptical about it and not put all of our hopes and dreams into it. Hopefully in the long run it will work out for all of us.

The Goat Master
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September 11, 2018, 02:46:26 PM
 #78

They are nervous maybe because there are too many bad examples in front of them. And this fluctuation makes things harder.

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September 11, 2018, 06:47:59 PM
 #79

When someone invests, he expects the maximum profit in the shortest possible time, and when the coin, or the entire market suddenly begins to fall, it was not included in the plans of the investor, from here and nerves...
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September 11, 2018, 06:56:53 PM
 #80

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 everyone has their own opinion about cryptocurrency.
Everyone is different, opinions, mindset and principles. Maybe your opinion is like that, but what about the opinions of others.
So, if you ask, "why are so many people constantly nervous and worried" the answer is because the way people think is not the same as your way of thinking.

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