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?
In my opinion, there are many factors that affects the decision of many people in investing in bitcoin. For me, the first reason is that because bitcoin sometimes uses by making an illegal activities, such as gambling or paying other to do some I thought. Next is that they are afraid because of bitcoin's volatility. Since no one can predict the price of bitcoin, they are afraid on what will happen to their money whether it will gain or lose some money.