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.
What factors scare people into investing in Bitcoin are the Risk of losing, Market is Volatile, anything can happen at any given time, price value may goes up and goes down depending upon the volume of investment put in by the investors, among other things that scare people is the FEAR on investment, some even think that it is SCAM.