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.
I think there are many reasons why people are afraid to invest with cryptocurrency. may be one of them because the nature of cryptocurrency is fluctuating, the price every day can rise and also down. and the possibility of people who are afraid to invest in cryptocurrency, because they consider cryptocurrency like gambling. maybe also because they do not understand about cryptocurrency, as you say. they do not have the maximum knowledge of cryptocurrency. and there may be many more reasons why they are afraid to invest.
To be hones I was also afraid in the start about thinking of making investment because so many people around you discourage you by saying it is a scam and stuff like that. After researching about the technology and the advantages if offers besides the financial freedom it imparts, I now know the importance of crypto investment. This is just their lack of knowledge and sometimes the falling prices as well.