Why are people still skeptical about Bitcoin despite the huge profit?

[zgrdyg]

People fear from what they dont know or afraid of. Quick earnings are raising flags too so its normal. What we should do is we must talk everybody around us and clear the question marks

[victorianomojica]

Practically the first serious insight was after December last year. We still see the results of this. What will be in the future - we'll see. Although one thing is now clear: its primary use as a speculative means of accumulating value is a dead end in its development. Bitcoin can rise in price quite high, but it will quickly fall in price to the level of its depreciation due to its large volatility and negative information, which in the aggregate will cause panic among its holders.

[flyaccount]

You must know, not everyone uses technology so their knowledge of bitcoin is weak. besides, developing countries like Asia don't know what bitcoin is. because that is why many people are skeptical about investing in coins.

[aiviaa485]

Actually they are also skeptics who want to learn Cryptocurrency but the facts may be difficult to learn.
It takes full patience to be able to understand everything and it also needs a process.

[Judybrown]

Bit coin is not trusted because of the volatile nature of it. The prices of the coins has never been stable so people are scared to invest in it because they might lose their money.

[Judybrown]

Bit coin is not trusted because of the volatile nature of it. The prices of the coins has never been stable so people are scared to invest in it because they might lose their money.

[aldi putra]

I thought because they didn't understand too much about BTC because it was that they were skeptical as to what you said right.