Factors that's why others are hesitant to start in crypto

[Fullcoinese]

Interesting and we need to examine why many people may still hesitate to start in crypto.

In my opinion, there are still many people who are unsure or don't know cryptocurrency because cryptocurrency is still relatively new.
Next, knowledge of cryptocurrencies is still considered "special", meaning that many people say that if you want to enter the crypto world, you must have good technology knowledge.
limited education or knowledge or people who teach cryptocurrencies and lastly are the many cases of fraud that cause many people to doubt it.

[Sandra_hakeem]

...but I couldn't decipher your points generally... Are you actually saying that the major factors you need to Begin a crypto line would actually be the same reasons why you shouldn't?? I don't get. How would anyone exclude the fact that he needs income to Begin HODLing crypto??
Secondly, you listed "fear" and "scam" as a major criteria that daunts people from beginning... Good,.- has anything ever been done with much certainly in life without getting involved in a little risk at all?? How would you ever think of breaking the bond of poverty when you ain't even ready to try something new?? Lastly, you speak about the lack of knowledge as being another problem... Please take note, cryptocurrencies weren't introduced for everyone's approbation.

Sandra 🧑‍🦰

[esinka1903]

Humanity has always been afraid of the unknown. Bitcoin is also an unknown for many beginners like me. That's why I agree with you. If it was more simple to explain and learn, beginners would move more quickly. There are even people who talk about Bitcoin all the time but still haven't invested.

[Andrija Branislav]

This topic is Interesting and we need to examine why many people may still hesitate to start in crypto. It is important to note that with the potential for higher returns comes higher risk, and individuals should carefully consider their risk tolerance and investment strategy before entering the crypto market. For example, in terms of education, at least a novice trader must be able to read the market. Always have a Stop-loss, Don't Revenge. And conversely for a bearish structure, selling resistance.

[The Wasp]

This topic is Interesting and we need to examine why many people may still hesitate to start in crypto.

Based on my observation, a number of people seem to hold back from investing in cryptocurrency due to the dearth of knowledge coupled with the dread of financial loss. Fortunately, there is a strategy to avert these risks. By seeking knowledge. The wider your comprehension of cryptocurrency, the better decisions you can make. This is probably one of the most important things when investing in anything, and it applies to cryptocurrencies too.

I was in that position too. I didn't understand anything at first. I don't understand many things even today. But I learn something new every day. As for the investment, I'm still cautious. I don't have a lot of money, so I spend every dollar carefully. Here I learned that DCA is by all accounts the best investment method for beginners, so every month I set aside a portion of my income and invest in crypto. So far I'm happy with the result.

[Outhue]

Fear and scam is two in 1, the reason why some people are not in crypto yet is because they fear of losing money to scam projects, and they also don't know where to start, instead of taking the step to do research, they look for someone they can follow, and if the person they are following are scammers, they end up becoming a victim and the next thing that will come out of their mouth is crypto is scam.


Truth is, some people just presume that crypto generally is scam and they are not ready to view crypto from another angle, maybe they could be wrong, if you are the type that views things from different angles you are a wise one.

It's on us who understand what crypto is all about to start correcting those that just consider that crypto is generally a scam.

[Ziskinberg]

Truth is, some people just presume that crypto generally is scam and they are not ready to view crypto from another angle, maybe they could be wrong, if you are the type that views things from different angles you are a wise one.

It's on us who understand what crypto is all about to start correcting those that just consider that crypto is generally a scam.

If we think negatively already, that will pollute our minds and then think it was totally a scam thing. And that was hard to change and these people will spread FUDs and fake news to those who are asking them. That is why we don't have to wonder that the adoption is quite low and many individuals are got into uncertainties because of the lack of experience and knowledge.

Well, of course, due to the growing number of shitcoins or scam projects, you will somehow be cautious as you might get caught by these scammers.

[martinex]

These are the things that make people hesitant to learn and start in cryptocurrency:

• Scam - When i first told my friends about crypto they ignored me and say its a scam

You are absolutely right, that's the first thing that is always spoken on the lips of the average person who doesn't understand..ah. it's a scam so it make Contributing to Hesitation in Adoption. Yes. The cryptocurrency market has always been associated and scapegoated with the attributes of scams and fraudulent schemes, which have caused significant financial loss for some individuals as well as created a feeling of skepticism and distrust. But, those who already understand just smile 

[Vaculin]

Ignorance is one of the major problems why people don't invest in Cryptocurrency, making people do not understand how to buy and sell in the crypto world, a good number of people lack this understanding and they claim it is insecure to invest into.

There are many reasons why ignorance becomes a serious problem. Not everywhere people are familiar with digital investment, some people even aren't familiar with the internet yet. For these people, surely they assume crypto is something too risky and they may not believe that it can gain money for them. So, we can understand if they are not involved in crypto. In addition, I think people still have a lack of understanding about crypto due to their old habits, not everyone has the ability to follow the innovation. Most of them are old people, they only believe in something that they often do in daily life. They are against something new, especially for digital matters. I saw there are many old people with this personality in my town.

What we can expect from old people than to stick with what they are used doing, and that resorting into changes may only make them struggle. However, for this new generation, exploring the new innovation is their favorite habit that’s why they easily perceive the idea of digital cryptocurrency and even take risk investing in it. But for those who stay ignorant and refuse to get education on crypto, then they will forever hesitant to invest in crypto.

[Finestream]

I think from all these factors, scam which is very rampant these days makes the most reason why a lot of people never care to start with crypto. Aside from their limited knowledge about crypto, the risk of losing their money from getting scam is high so they decided to just never deal with crypto particularly with bitcoin since it’s known for its get-rich-quick scheme that mostly people believe. While others have taken some courage to explore and invest in crypto, the rest chose to stay hesitant because of their wrong accusation on crypto and bitcoin.

[Lamkuthang]

These are the things that make people hesitant to learn and start in cryptocurrency:

• Resources - some have laptop mobile phones, internet but others only have to rent, that is why they have less time go online and check what is going on, but if you are like this, don't stop, even though not daily but try to go online if you have time.

All work requires work tools, let alone this crypto world. as you mentioned above, but there is a main factor that is very dominant when working is the availability of an adequate internet network, and sometimes a person has to travel several Km from where he lives to a place that has a quality network. new comfortable to go online and work.[/list]