Post
Topic
Board Trading Discussion
Re: Why are people afraid to invest in cryptocurrency?
by
yanesna3
on 13/08/2018, 09:42:02 UTC
Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.
It is because there is no guarantee is that your money will multiply and grow, there is a big chance that you will lose everything that you have invested here so that's the main reason why people are afraid.
I think those people who know about bitcoin and its importance, I think that they will surely like to trade bitcoin, only those people who never invest their money in bitcoin and they even do not have enough knowledge about bitcoin only they are not interested in bitcoin and are not willing to invest their money in bitcoin.

I think the absence of the knowledge is not the main reason. People simply listen to the news about the market fall, and they are scared to risk investing their money in the cryptocurrency.