What factors scare others from investing into bitcoin?

[linlink]

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.

[Judybrown]

Negative comments about Bitcoin can scare people away from investing in Bitcoin. Also, if any close friend or relative get scammed by any of the fake ICO's, it will scare people from investing in bitcoins.

[CryptoZenWorld]

In my opinion, the most fearful factor is the fluctuation of price. Because it is really tough to know when the price will go down and might more down.. Nothing to do if the price can't increase again. But at present the price 60-70% stable. So, We can take a little risk with the little amount.
And I don't care about any news. Because the market capital is the key here.

[Telapakmejo2]

What factors scare others from investing into bitcoin? chances are if i think in because its drop is so drastic maybe the person is afraid that bitcoin will go down even more

[sugarchrisp]

From the people that I talk to about bitcoin, mainly it's the price fluctuation.  Something worth 6k, then 15k, then 20k, then back to 15k, now back to 6k, it doesn't exactly fill people with confidence. 

[trofim21]

this is its volatility and volatility today it costs 10 thousand and tomorrow 5, it certainly frightens many

[dominoes]

Unstableness of bitcoin is what the common factor why people scared to invest.
Not only that, scam accusation affects bitcoin possible investors to back off.
Fud is another factor.

[SuccessManiac]

People get scared fot lack of information. If people do.not get information about how profitable cryptocurrencies are, and the profits they can make, they will never invest in it. It is also difficult to identify legit ICO's to invest in.

[Guygerdo]

I think what really scare people from investing in bitcoin is the fact that, probably they might have  been scammed before or they might have heard people being scammed. No body would like to loose so therefore, venturing into bitcoin business becomes a difficult thing to do.
Secondly, some people have a different perspective about online investments. That notion, which perhaps is a negative one also scare them from investing in bitcoin.

[Rivaldi Kunkun]

Unstableness of bitcoin is what the common factor why people scared to invest.
Not only that, scam accusation affects bitcoin possible investors to back off.
Fud is another factor.

I think so too, one being that the fluctuating nature of the bitcoin here's who makes considerations back for someone to blend in and participate, due to lack of understanding even if someone would fall too deep the fluctuating nature of carried away.

[nrubnach]

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.

The number one factor that scare about Bitcoin investment is the rampant scams. Scrutinizing the details of the business is a must to make sure that it is operating legally. Another that scares the people is the price fluctuation of Bitcoin. People who are not aggressive investors will not survive in Bitcoin because it will only result in panic selling.

[Cangkirkopi]

What is scare others from investing into bitcoin? chances are it's caused bitcoin prices up and down is not clear but that's all I'm sure only temporarily insyaallah in the near future bitcoin will be fast stable again

[bxbxy]

What others scare the most from investing in bitcoin is that, its price is not stable and it can drag you down if you dont know what you're doing. But aside from that bitcoin has a lot of advantages. And that makes bitcoin special.

[bityndye]

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.

One of the factors that scare people from investing in cryptocurrency is the fact that it is unregulated for most of the countries so they are afraid that when they lose their funds, they cannot do something about it as there are no applicable laws yet to track those people who scammed them. Another one is the issue about being use in illicit activities and they are afraid that some people might think they are using coins to do something illegal.

[Nur sarimbit]

which makes them afraid to invest bitcon.
they are still not sure If bitcon business is profitable for its users. if they still have not seen anyone who has successfully invested in bitcoin. and the last because they always hear news news that always assess the bitcoin from the negative side .