Post
Topic
Board Bitcoin Discussion
Re: What factors scare others from investing into bitcoin?
by
CoinstarF
on 07/07/2018, 06:24:15 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.

All these factors can scared investors specifically, for those investors who's fearless and playing as a good model of new generations and already spreaded thier intelligent mind of business industry  they are always entered in different kinds of investment that such thing they become wealthy.