Post
Topic
Board Trading Discussion
Re: Why are people afraid to invest in cryptocurrency?
by
Biggapp
on 15/06/2018, 20:43:47 UTC
Because we don't know the future of cryptocurrency. Would it be good like 2017 when bitcoin price rising so high with only 2 months, or it would be bad, you know what is the bad thing. It's not like when you investing on gold. You know the future because gold price annually rising. So when talking Investment, gold is the best. But when talking trading, my opinion is cryptocurrency is the best

Yes, you are right, we are affraid, because of non stability of all prices and of sittuation in general, so we can not know for sure, will this market survive, or will it fall.
This is only because of the government and the lack of information. Several countries have banned the crypto technologies and have created a bad image of the crypto currency in the mind of the people. This keeps them away from investing in crypto. Also the new guys when loose in the market start calling the technology scam and this refrain people in his friend circle to invest in crypto. So many reasons.