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?
First I think people are afraid 8f new technology. And you need to put money to have a slice of new technology is a major concern for a lot of people. So a lot of them are just following hype or following people who doesn't know what they invested in. And bitcoin price is very volatile that usually scares off people