The main reason why people are afraid to invest in BTCitcoin is volatility and ignorance. Because if they learned a bit about this technology, volatility would not be a reason, there is another reason like banning the economy with Bitcoin in some countries. If the government does not endorse Bitcoin then there are no citizens who are interested. Only the most daring, curious who decide to learn manage to achieve the benefits of investing in Bitcoin.
But the problem is they were being lured here in crypto because of promises to make easy money while the truth is there is no such thing like that unless you are lucky enough to have a chance investing in a currency that will be pumped by whales soon after buying.
Bitcoin is too volatile. It goes up and down unexpectedly, this tendency makes bitcoin risky. Conservative investors aren't ready for that.
But if you got a chance to invest while the price is low and sell when it is high?does volatility hinders them?
The problem here is people look about the volatility whenever the price is falling but not thanking this when they are profiting.