Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.
People are not actually afraid about cryptocurrency but they are afraid to lose a huge amount of money from the investment they are going to do, if they will only have a good introduction about cryptocurrency then there is a huge chance for everyone to learn how cryptocurrency works and they will end up on a very wealthy life.
Crypto volatility? Yeah they are expecting a high return at the first time when they do invest , but then things let them down ... Due lack of crypto knowledge it cost a lot of money , they are losing value instead gaining profit most of the times , especially when it comes to ico investment where for some people it's like a HYIP ...
For those kind of people they do always look at on the profiting side which they do always fail to look up on the risk factor. Commonly people do see for those traders or investors who do earn bigtime without knowing on what are the things they had faced along the way. They would most likely break their expectations when they faced up such scenario face to face. Being afraid is normal because we dont like to lose up money.