Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forks => Bitcoin Forum => Bitcoin Cash Forum => Topic started by: linlink on July 15, 2018, 11:54:44 AM

Title: What factors scare others from investing into bitcoin
Post by: linlink on July 15, 2018, 11:54:44 AM
Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
Title: Re: What factors scare others from investing into bitcoin
Post by: sugarchrisp on July 17, 2018, 07:57:21 AM
I think people just flat out don't understand why something is valuable.  Bitcoin is valuable because everyone else that uses it considers it to be valuable, that's pretty much it.  The same principle works with any fiat currency, it's valuable because everyone agrees that it is and nothing more.  We used to back currency with gold and other commodities but the US doesn't do that anymore. 
Title: Re: What factors scare others from investing into bitcoin
Post by: Black ID on July 18, 2018, 07:00:41 AM
In my opinion, first is about the negative issues in the world about the Bitcoin. Then, the volatile price of the Bitcoin itself. Many people lose their money because of the Bitcoin. So, just be careful and wise when to invest in bitcoin and other altcoins.
Title: Re: What factors scare others from investing into bitcoin
Post by: idranus on July 23, 2018, 09:44:04 AM
maybe the price is so expensive and there is also a thought that bitcoin is a gambling game thought was caused due to lack of knowledge about digital currency
Title: Re: What factors scare others from investing into bitcoin
Post by: UNIVERSE on July 24, 2018, 06:33:57 AM
Many people are scared losing money if they invest in the Bitcoin and other altcoins. It is also caused by the scare of the negative issues. many people also still don't know exactly the bitcoin and crypto; therefore, they only think about the effects or profits at glance.
Title: Re: What factors scare others from investing into bitcoin
Post by: salander007 on August 03, 2018, 02:48:39 PM
People believe that bitcoin is a bubble. But if you look at it, there is a serious blockchain technology behind it. And if you do not know, you can consider it an unreliable investment.
Title: Re: What factors scare others from investing into bitcoin
Post by: Eben on August 03, 2018, 07:01:43 PM
I think people are scared from investing into bitcoin because of the volatility in it’s value. You can’t really predict whether you will gain or loose. Also the negative news about it of some countries banning it.
Title: Re: What factors scare others from investing into bitcoin
Post by: Knaw on August 11, 2018, 01:22:09 PM
for us people are afraid of investing in bitcoin in our opinion they don't know a good way to profit in bitcoin, so they will be afraid of losing their investment, so I think they will be afraid to do it.
Title: Re: What factors scare others from investing into bitcoin
Post by: Confero on August 12, 2018, 06:35:16 AM
Many factors influence someone who is still afraid of investing in Bitcoin. maybe it's because the economy of the person is not enough, or the price of Bitcoin is very unstable, prices that can go down very dramatically will make people surprised if they are still new in Cryptocurrency. the lack of knowledge about Bitcoin and Cryptocurrency is also very influential on someone who wants to invest in Bitcoin.
Title: Re: What factors scare others from investing into bitcoin
Post by: riyasoudia on August 12, 2018, 02:36:24 PM
How to invest in bitcoin?
Title: Re: What factors scare others from investing into bitcoin
Post by: oo7 on August 22, 2018, 09:08:18 AM
The methodology. Most people don't even know how?
The declination in price sometimes scare people who don't understand blockchain very well.
If the price is too high. Not everyone can put in about $20K in any investment. but the current price around $7-10k will be ok.

It will be good to invest in btc now.
Title: Re: What factors scare others from investing into bitcoin
Post by: jet on August 22, 2018, 05:08:54 PM
For me these are the factors that prevent investor for buying BTC.
1. connection
2. price
3. Negative news
4. Market uncertainty and volatility.
5. Decentralization.
Every one of this affects the decision of every person to invest in bitcoin or in crypto currency as a whole.
Title: Re: What factors scare others from investing into bitcoin
Post by: Altcoinstalks User on August 23, 2018, 07:22:03 AM
I think its because of its volatility and its online nature. In past, many have already been hacked but I think its also the user fault. So the third point is that it requires that the user knows how bitcoin basically works.
Title: Re: What factors scare others from investing into bitcoin
Post by: leithy on August 23, 2018, 09:36:57 PM
First is that everybody knows about fiat while Bitcoin is relatively new. Media was full of rise then fall of bitcoin last year. Makes it risky. Very few retailers accept bitcoin so it is not a mainstream currency.
Title: Re: What factors scare others from investing into bitcoin
Post by: Unknown on September 16, 2018, 05:26:19 PM
One of the many factor is,
They dont trust if it is on the internet, people on our country when they hear money on internet they will always say scam. They have always the saying "to see is to believe"
Title: Re: What factors scare others from investing into bitcoin
Post by: desanti on September 19, 2018, 08:59:50 AM
I think people are afraid of investing in bitcoin because of its volatility in value because they cannot predict whether you will get it or lose it. for me they are afraid to invest in bitcoin because they do not know a good way to make a profit so they are afraid of losing their investment. because you see unstable prices for bitcoin. prices can drop dramatically and it will surprise people if they are new. the lack of knowledge of bitcoin and cryptocurrency will also greatly affect someone who wants to invest in bitcoin.
Title: Re: What factors scare others from investing into bitcoin
Post by: vegasus on September 24, 2018, 09:12:10 AM
Many people are afraid to invest in Bitcoin for price reasons. Bitcoin prices are easy to change and this is very risky for investment. More than a negative issue outside of saying that bitcoin is a ponzi scheme or fraud.
Title: Re: What factors scare others from investing into bitcoin
Post by: Duckenth on September 24, 2018, 02:51:07 PM
One major factor that greatly affects people is that fear of investing in Bitcoin is a legal matter. Yes, there is no legality from the government that makes many people afraid of investing in Bitcoin, and I am very sure if the Government had legalized Bitcoin, then the demand for Bitcoin would be very high.
Title: Re: What factors scare others from investing into bitcoin
Post by: mamun777 on October 07, 2018, 12:30:08 PM
There are many factors actually. First, like what you already stated, bitcoin is volatile. And it's very risky, and uncommon as well. Not many people really know and dare to try investing in bitcoin. And also there are many bad news about bitcoin that may influence people's perspective. Government also sometimes show their opposition to bitcoin, like banning or claiming it illegal that make people consider again if they want to invest in bitcoin.
Also, it's anonymous and risky investment, that might worry some people about the safety.
Title: Re: What factors scare others from investing into bitcoin
Post by: svsanya on November 15, 2018, 05:11:47 PM
Unfortunately, with the growing popularity of cryptocurrencies increases and the number of scammers who want to make money on it. perhaps one of the most common ways to extract personal information of users by attackers.
Title: Re: What factors scare others from investing into bitcoin
Post by: bubblebubble on November 15, 2018, 05:17:48 PM
As we have had the proof today, mining farms are centralized and the matter that price can depends by few people, scares investors, imho.
Title: Re: What factors scare others from investing into bitcoin
Post by: sola on November 16, 2018, 05:29:33 PM
 The central point being the banks and government that have full control of our money system.. They have taken note of this and have become afraid. Some locals and the power companies are not too welcome for the miners.
Title: Re: What factors scare others from investing into bitcoin
Post by: aiviaa485 on November 30, 2018, 03:07:34 AM
Those who lay may know that when the price of Bitcoin is already high.
Tappi if I have experience in cryptocurrency it might be better to buy tokens or coins that are around 1000 - 2000 satoshi.

Buy 1000 satsohi, and sell at a price of 1100, then your profit is 10%.
Title: Re: What factors scare others from investing into bitcoin
Post by: Ed1973 on November 30, 2018, 10:54:48 PM
Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
What guarantees other tokens/coins can't bring x5 or x10? Why BTC exactly? MGO, ETH, EOS, etc. By this I mean, BTC is not unique, right?
Title: Re: What factors scare others from investing into bitcoin
Post by: cybersoft on May 02, 2019, 07:20:34 PM
Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?
The major factor that scares people from investing in bitcoin or cryptocurrencies in general. is they are afraid of losing their money. The cryptocurrency market volatility is too high compared to the stock market. To make money in crypto you must have to go through a lot. trust me.
Title: Re: What factors scare others from investing into bitcoin
Post by: Asebaby on May 03, 2019, 08:18:42 PM
I don,t think people are much scared as you think,all my investors prefer Bitcoin than any other cryptocurrency.
Title: Re: What factors scare others from investing into bitcoin
Post by: Delgboke on May 09, 2019, 12:50:57 PM
The major reason why are people are scared from investing into bitcoin is that they fail to make research about bitcoin they just depends on the negative information they hear from that even have enough information about bitcoin some people we say bitcoin is a fraud they just believe that's true those things contribute to their fear.
Title: Re: What factors scare others from investing into bitcoin
Post by: Bobcrypto on June 13, 2019, 03:08:33 PM
And besides acceptability, i also think that one of the reasons why people are scared to invest in bitcoin is because of security of investments.
Cryptocurrency thefts do occur from time to time, even though blockchain is supposed to be a more secure means of transmitting and storing money. There has been serious hacks on various exchanges and wallets which has hinder crypto (bitcoin) investments.
Title: Re: What factors scare others from investing into bitcoin
Post by: Fenix on June 16, 2019, 03:43:32 PM
The negative point that now scares people away from investing in Bitcoin is its very large drop in price last year, when it dropped from $ 20,000 very quickly to $ 6,000 and then for a year was stagnant in prices. During this time, many have suffered heavy losses, so now investing in Bitcoin is happening very carefully. In this regard, it is unlikely this year we will see a decent price growth of the cryptocurrency market, similar to 2017.
Title: Re: What factors scare others from investing into bitcoin
Post by: Seerge on June 21, 2019, 08:02:53 PM
I think the main factor people are afraid of investing in Bitcoin is because of the Legality of Bitcoin in a country, especially those who obey the rules of government, of course this will be a heavy barrier for people who want to invest in Bitcoin.
While the second factor, which is the fluctuating price of Bitcoin, can rise quickly and fall very quickly, this is also the reason why people fear investing in Bitcoin.
And people who remain investing in Bitcoin are those who have a high investment spirit.
Title: Re: What factors scare others from investing into bitcoin
Post by: Stalky on August 20, 2019, 12:38:06 PM
I think the main factor they are afraid of investing in crypto, I think they also do not know how to work well to get a profit in crypto, so they are also afraid of losing investment.
Title: Re: What factors scare others from investing into bitcoin
Post by: Whate on August 27, 2019, 11:37:32 AM
one of the factors someone is afraid of investing in bitcoin is the legality of BTC in a country. We all know, the value of bitcoin is so high, while the legality of the government regarding the crypto business is unclear, especially bitcoin. So one needs to consider the disadvantages of continuing to invest in bitcoin.