Post
Topic
Board Bitcoin Discussion
Re: What factors scare others from investing into bitcoin?
by
pawanjain
on 19/06/2018, 15:11:43 UTC
There are many factors due to which an individual is scared to invest in Bitcoin
  • volatility- The high volatility causes huge price fluctuations due to which people are scared in investing into BTC
  • Legalisation- Bitcoin is not yet legalized in many countries which make people step back from investing into BTC
  • Scams- Many people get scammed investing BTC into scam ICOs which has also become a factor now.
  • fear- fear is a major factor why people don't invest in BTC. The fear of loss cannot be taken by many people.
  • technology- many people are still unaware of how to use the Bitcoin and the blockchain technology which is why they have not yet invest into it.