Post
Topic
Board Bitcoin Discussion
Re: What factors scare others from investing into bitcoin?
by
fishball
on 12/08/2018, 15:20:48 UTC
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?

Aside from the false negative views being spread by social media about bitcoin being a scam,  what greatly affects the number of investors is mainly the price itself.  If the price is promising, then people will gather. But if the price falls, then bitcoin won't be able to attract investors.