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?
I can speak for myself. I am quite hesitant to invest. I think it's mostly because I don't even know where to start. The main reason would probably be a lack of knowledge. There seems to be so much to learn to make these decisions with any confidence. Volatility is intimidating, but it is greatly magnified by a general lack of knowledge. I need to learn more to be more confident. That would probably be the solution for anybody.