Why people are afraid to invest in cryptocurrency?

[Alenas2018]

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.

they need to study more and accept the new possibilities that crypto can offer. I think with a good and proper advertising. people will know more and study more about cryptocurrency

[Mbah Jenggot]

Those who know how to invest, where to invest are not afraid of investing in cryptocurrency. But there is still a little fear work in everyone's mind. Those are:-

- Cryptocurrency maybe Ban by govt.

- One may be arrested due to the money laundering issue by doing big transaction.

- Due to lots of SCAM ICO.

- The hacking attack in the exchanges or wallet.

I think these are the major issue to fear. But it is good luck that more good news is coming day by day to overcome this issues.

I agree with you, That is the reason why the people afraid to invest in crypto currency. Several government ban crypto and lots of scam.

[satpol_PP]

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 afraid to invest in crypto currency, because alot scams  and the price is high volatile.

[Baby Crypto]

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 there is several reason why people afraid to invest in crypto currency. alot of scams and maybe They have lost alot cause of crypto currency.

[laughingburger]

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.

The hype of bitcoin in 2017 can cause good and bad impression to different individual. If an individual see the potential in bitcoin they will go into the crypto space whereas if the impression is negative to them  they will think it is just a bubble or some scams market that is out there going around cheating people money.

[Confero]

People are afraid to invest in Cryptocurrency because they, have not understood Cryptocurrency, and do not know a profit when they invest in Cryptocurrency. if they already know the money generated in Cryptocurrency is very much, I am sure and surely that person will be interested in investing in Cryptocurrency.

[racham02]

why people are afraid to invest in cryptocurrency it is because they are scared to be scammed and afraid they lose the money they invest in crypto, others people also believe in false news in media and television,and also others do not know about cryptocurrency they do not know the benefit of getting to crypto.

[Vx1]

why people are afraid to invest in cryptocurrency it is because they are scared to be scammed and afraid they lose the money they invest in crypto, others people also believe in false news in media and television,and also others do not know about cryptocurrency they do not know the benefit of getting to crypto.

True Gan, investment in Cryptocurrency is in need of a lot of guts. and true people are afraid of losing their money, so they do not invest in Cryptocurrency.

[Andruha1993]

I think people are afraid to invest in the crypto currency, because:
1. They do not believe in it
2. Because it is a big risk
3. Just do not imagine what crypto is.

[Etrilicious]

This is true but sometimes I Dont blame them it took me a lot of time to really decide u want to invest in cryptocurrency. So I guess they need more time

[Icon]

Some are also afraid because of the increasing scam projects in the system. They are afraid to lose their monies. I believe if the number of scam projects are reduced significantly, people will now gain confidence in crypto and start investing.

[kevinjulio]

they feel scared because of the many slanted news reserved cryptocurrency, plus it's not a bit of ICO who have experienced a scam. In addition, cryptocurrency owns fluctuating nature of owns where the value change. This is what makes its own fears for them. even though these things can be minimized.

[Master107]

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 agree. Some are lazy and some have wrong mindset toward crypto and its fundamentals principles that made them subject to fear.

[kent47400]

their fear is because they do not want to understand cryptocurrency.
because human nature when afraid is not willing to acknowledge existence.

So cryptocurrency does not want to be recognized for the people who are afraid to invest in cryptocurrency.

[rizqillah]

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.

Maybe the people that afraid to invest in crypto currency believe the negatives issue.