Quote from: marcbitcoins on June 19, 2018, 03:11:03 AM

Quote from: Mary Ofosuhene on June 18, 2018, 08:42:01 PM

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. 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?

Some people will not join this investment because of the KYC in which they.might have secrets that may reveal like tax invasions or maybe they have some offense records in which they can't really to join the investments. Others fear the KYC because they don't like the inconvenience way during their investments processing because its time wasting for them due to some of the ICO's that are using Bitcoin platform takes long time of approving the KYC.

Investing is a risk thing, for young investors it will be hard to decide if they will invest on something that has volatility in its price like bitcoin, they will also maybe think that it will give them some head ache because of its unstable value.