Why people are afraid to invest in cryptocurrency?

[Domithra]

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.

[sturec22]

easy question.
you can loose 90% of your money in an hour. bad news really affect the market.

*you can also x10 your money  - i did not 

[CryptoZenWorld]

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.

[ICOrealityshow]

I think lack of awareness; knowledge, and experience are the combination that makes people FEAR investment in this market. If we can work that out right then nothing else is to be worried. One simple tip to help people from my side is to watch the latest news, as Crypto is a very unstable market, therefore, any solid news WILL make an impact.

And recent example is the Stance of Chinese Law on Overseas Bitcoin trading in China, it really good things hot up. So, just have these things in view and you could do a lot better than what you might imagine.

[altcoingamer]

Theres alot more FUD set in with new investors compared to old ones.. if you were in this space in 2017 or earlier you've made lots of money.. probably lots lots of it.. but now that the euphoria wore off of it going straight up forever has wore off, people now think its going to zero.  Common corrections in crypto can lead to 70% paper losses and be long-lasting. but as they say.. if you cant handle my 70% losses, you don't deserve my 600% gains.

[jings009]

Cryptocurrency investment is the fastest way to make a profit, but behind that, there is a huge risk too, because the high volatility of the crypto market, and anything can happen, for example now, almost all the coin is down and there are too many investors big losses at this time.

[pikebu]

Cryptocurrency investment is the fastest way to make a profit, but behind that, there is a huge risk too, because the high volatility of the crypto market, and anything can happen, for example now, almost all the coin is down and there are too many investors big losses at this time.

Yes the cryptocurrencies is the faster way to make profit, huge risk in cryptocurrencies investment is just for the people who doesn't know anything about the investment strategy in cryptocurrencies space and they don't have enough of information about the cryptocurrencies which are choosen, almost all of cryptocurrencies price is down trend but if they don't stop loss they will not be losing, it is about the art of management of money and risk on cryptocurrencies investment.

[owmivmen]

Yes that is very true. before joining the world crypto better study the concept and structure of the coins or tokens that exist in the crypto market. different models and uses differ so that they have different values ​​according to the interest of the coin.

[Deffobit]

Because it is a really dangerous investment that can bring great losses. But it can also increase your investment several times.

[mackinleybhe]

Some people are afraid to invest in crypto because they  are not interested to gamble their money for a business like this. Some people also are not sure and aware what they are going to invest. Others are afraid of a scam.

[therozaq]

Cryptocurrency investment is the fastest way to make a profit, but behind that, there is a huge risk too, because the high volatility of the crypto market, and anything can happen, for example now, almost all the coin is down and there are too many investors big losses at this time.

I think every investments have risk..the high volatile has a huge risk. But it also give you huge profits.

[dekafee79]

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.

Crypto currency is high volatile, Maybe they have lose alot of money cause of investing. So, They are afraid to invest again.

[doc]

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.

In my opinion , People are afraid invest in crypto currency cause of negative issue and several government bans crypto.

[Mntree]

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.

In crypto currency the value is not stable that's why they afraid for a big loss which it's not easily for them to recover.

[elbans89]

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.

Yes I think the people are afraid to invest in crypto currency because They donnt have knowledge about crypto currency and believe the negative issue