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Author Topic: Why don't more people invest in btc?  (Read 440 times)
Assface16678
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August 29, 2020, 02:04:25 PM
 #41

If you are as an investor your goal is to make a profit and keep safe all of your funds if you want to earn more money you need to keep it safe. Investment is full of risk it depends on all of your decisions how does it work...

There are a lot of factors why people don't want to make an investment in bitcoin.

For example :
The news they got related to the bitcoin scam.
Afraid to release a large amount of money.
Does not have time to risk because it requires a lot of knowledge and skills.


Everyone has thier own opinions and likes, maybe there are some things why they cant invest to bitcoin,
1.bitcoin is a fraud
2. Local tv and banks dont like bitcoin
3. Bitcoin is use to scam people. But not  literally bitcoin is a scam.

These are other factors why people don't want to make an investment too.

Also if the government will support this kind of coin there is a chance that many people and investors will trust this kind of coin.

Maybe Because Bitcoin is new or still young for investment . Beside that , common people is not enough understand about bitcoin.
So , They choose to invest in the stock market.  Whereas Bitcoin can give high ROI.

I think the bitcoin is not young anymore it's already started on the year of 2010 we already law a lot of market movement which is a thing we could be used to make the right investment and when we must need to put a large amount.

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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plr
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August 29, 2020, 02:20:17 PM
 #42

I'm wondering why the general population hasn't yet caught on and started investing in bitcoin. These days people seem to be willing to immediately invest into the stock market, but not into any cryptos, when it has such a large potential in the future. Why is this the case?

They think it's to technical for them and they are not yet educated on how Cryptocurrency works peole are used to centralized system that that somebody who is good in explaining in a layman language can explain to them how Cryptocurrency works and how they are going to benefit from it, their families and their community as well.
erikoy
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August 29, 2020, 02:31:39 PM
 #43

cryptocurrency has high risk but also with high potential gains. Yes, I take your point but there are already other stock market investors making investment with cryptocurrency. I could not attest this because we do not have data on how many investors from stockmarket that are now investing in cryptocurrency. However the best way to deal with statistics is survey.

Try to search some survey OP so that we can find out too that how much cryptocurrency could grow if more of stock market investors will going to transfer in cryptoxurrency investments.
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August 29, 2020, 02:37:34 PM
 #44

After this pandemic many will realized investing in Cryptocurrency is a good options because if they are going to analyze and compare their portfolio they soon realized that investing in Cryptocurrrency is a good option, in fact it's already happening many are now looking at Cryptocurrency as a good options, well see this in the coming months.
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