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Author Topic: Why people are afraid to invest in cryptocurrency?  (Read 3830 times)

Offline Omega

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Re: Why people are afraid to invest in cryptocurrency?
« Reply #30 on: August 25, 2018, 12:54:55 PM »
easy question.
you can loose 90% of your money in an hour. bad news really affect the market.

*you can also x10 your money  8) - i did not  ;D

Are you the great crypto teacher?  ;D
Suppose you should teach us in order to follow your steps of lose nothing.
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Re: Why people are afraid to invest in cryptocurrency?
« Reply #30 on: August 25, 2018, 12:54:55 PM »

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Offline thanks rye18

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Re: Why people are afraid to invest in cryptocurrency?
« Reply #31 on: August 25, 2018, 01:00:28 PM »
Most people who are afraid to invest in cryptocurrency are not ready to learn and study new concepts especially about the crypto market and the principles that guide its investment. Such people are always carried away by the fake bad news that circulate about cryptocurrencies hence they are always with a doubtful mind about cryptocurrencies.

I think people are afraid to invest on crypto currency may be because of the negative speculation that are currently circulated in social media that makes panic to some investors and selling their crypto investment just to cut possible loses.
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Offline Knaw

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Re: Why people are afraid to invest in cryptocurrency?
« Reply #32 on: August 25, 2018, 01:17:24 PM »
I think they will be afraid of losing their investment, so they will be afraid to do it, I think bitcoin is good, you can get more profits, because the price of bitcoin every day also increases. so I'm sure we will get many benefits.
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Re: Why people are afraid to invest in cryptocurrency?
« Reply #33 on: August 25, 2018, 02:03:03 PM »
There are many reasons why they did not invest in cryptocurrency. The government did not recognized this currency as an legal business, most of the people are afraid to lose their money because of decentralization, they have lack of knowledge about this digital currency. No security assurance for the investors. That's the reason why.

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Re: Why people are afraid to invest in cryptocurrency?
« Reply #34 on: August 25, 2018, 02:15:36 PM »
It seems to take attention to really make a profit, especially dealing with alt coins. I had made quite a large profit and then I lost is all while I was busy with work. There goes the new car money.

So it's not an easy thing to do for people that are busy with work like myself.

Maybe for a person that has more time and just wants to play with a few dollars then there is not much risk, but one should put more attention in it if they are using over $100.

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Re: Why people are afraid to invest in cryptocurrency?
« Reply #35 on: August 25, 2018, 02:55:38 PM »
The reason why, is they don't know that this is the fastest way in digital business. They don't have any knowledge about crypto currency how it runs. There a lots of bad news about the legality of the crypto, and the government did not recognized the brilliant ideas of cryptocurrency. That's why many people afraid investing in crypto. 




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Re: Why people are afraid to invest in cryptocurrency?
« Reply #36 on: August 25, 2018, 03:05:32 PM »
I think people did not invest for now because they are afraid of the current market situation where most of the coins are dropping rapidly and they are afraid that their investment capital will be lost.
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Re: Why people are afraid to invest in cryptocurrency?
« Reply #36 on: August 25, 2018, 03:05:32 PM »


Offline bhm45

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Re: Why people are afraid to invest in cryptocurrency?
« Reply #37 on: August 25, 2018, 03:15:25 PM »
Maybe because of the negative news that they hear from media or even to the community. Crypto is new to the market and not all people fully understand what it is really maybe thats the reason why they are afraid to invest.

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Re: Why people are afraid to invest in cryptocurrency?
« Reply #38 on: August 25, 2018, 03:17:52 PM »
The uncertainties and volatility are making people staying away from cryptocurrency. But once they get to know more of cryptocurrency, hopefully they would be more comfortable investing in this vehicle.

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Re: Why people are afraid to invest in cryptocurrency?
« Reply #39 on: August 25, 2018, 03:37:06 PM »
In my opinion, there are a lot of people who are very afraid to invest in cryptocurrency because they are afraid to lose there money, and i am sure that they dont have a wide knowledge about crypto so even they want to invest they dont know what to do to became more profitable with crypto.
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Re: Why people are afraid to invest in cryptocurrency?
« Reply #40 on: August 25, 2018, 03:48:53 PM »
Yes I think the people are afraid to invest in crypto currency because They don't have knowledge about crypto currency and believe the negative issue

I don't think they are afraid because of the don't have knowledge. In my point of view, something that makes people afraid is about the current market condition. Decline cycle impacts a negative graph all year long. Some people become not confidence and worry about the future of crypto.

But for me, crypto should have a great future since it has become a part of this life. It is undoubted.


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Re: Why people are afraid to invest in cryptocurrency?
« Reply #41 on: August 25, 2018, 03:58:54 PM »
They are too afraid of unstable prices. The lack of knowledge about crypto makes them less confident with cryptocurrency, so they are hesitant and afraid to invest in it.

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Re: Why people are afraid to invest in cryptocurrency?
« Reply #42 on: August 25, 2018, 04:12:27 PM »
In my opinion, many people are afraid of investing in Bitcoin and other Cryptocurrency because of legal problems and the legality of Bitcoin in a country or government. they are afraid that suddenly bitcoin will disappear or be banned in their place, of course they think it will eliminate our money or assets that we invest in the Bitcoin.

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Re: Why people are afraid to invest in cryptocurrency?
« Reply #43 on: August 25, 2018, 04:28:57 PM »
In my opinion ,some of them afraid  to invest in cryptocurrencies , some of them do not have experience and other afraid to lost

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Re: Why people are afraid to invest in cryptocurrency?
« Reply #44 on: August 25, 2018, 06:18:36 PM »
there are 2 varians: 1) They are all okay without crypto and just have no time to dive in this world.
2) The fear of an uknown.

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