What factors scare others from investing into bitcoin?

[Claus]

Bitcoin has come a long way and comes really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduced 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?

[Morrower]

When people receive information from someone, their friend for example, they can't be totally sure in it. And they don't become an experts in the topic. If you decided to learn how crypto works you have to do it on your own. In other case they don't fully understand how it functions and that's why they're really scared of it. There's almost no prove that it will live forever and will not fall one day. It' the highest risk and scary moment.

[Iconic]

Risk is one of the factors most feared by many people. Bitcoin cannot be seen, touched and not controlled by the government. Many negative issues like bitcoin are ponzi schemes, which is why people don't want to join crypto.

[cryptothief]

It's something that does concern me, as there are so many different factors contributing to the lack of new investors and/or current investors losing interest. I wrote an article on the topic a while back, so here's the link. I think it covers the vast majority of causes, but I'm sure there's more, so feel free to add a point or correct me on my assumptions.

https://steemit.com/bitcoin/@cryptothief/the-average-joe-s-main-concerns-about-bitcoin-why-don-t-they-invest

[Master107]

I only think about the future. This is the best factor why people invest in bitcoin. Being futuristic can be able to see the possible things tomorrow. We are at the era of technology where almost everything have an gadgets to perform what human can do robots are provided. Robots is another fruit of technology.

[sammysnack]

There are a lot of them. For example:
-Mane or loss by negligence
- Lack of security
-Risks related to cyber security
-Valence with virtual currency
-The lack of protection of consumer rights
-High volatility
-Risks related to the development of technology
-Currency adjustment
-Payment of virtual currencies
-Problem of network scalability
On this list is not finished, it can be continued indefinitely. But I think I've put the main aspects on this list.

[felixesteban]

People feel insecure about what they don't have physically. You can buy and store assets like gold or fiat currencies, but you can't do that on digital currencies. In addition, many find risky decentralizing and high volatility.

[gribble]

the pact that is most feared by many people investing in bitcoin one of them is because bitcoin cannot be seen, touched, controlled by the government so people feel insecure about what they don't own physically. it's not like buying or storing assets such as gold or fiat currency, because it can't do it on digital currencies and it's also very risky

[smile.ps]

It's more frightening than that.  This is instability.  Man is used to and loves stability, and he is constantly shown roller coaster.  And the inexperienced person will sell in a minus and never will wait plus.  We must live on something.

[Iconic]

One factor that makes people afraid to invest in bitcoin is because the price of bitcoin goes up and down. This is considered very risky. Even though that is how bitcoin works. And we don't need to worry when prices go down because we can take advantage of opportunities to buy coins.

[yousufatik]

Many factors that affect people not to invest bitcoin, one of them is fear of loss and fear of punishment, this happens because the price of bitcoin is unstable and the prohibition of bitcoin use by the government of a particular country. So there are some people who prefer investing that they consider safer and not too big a risk to losses, such as land investment, home, or any other