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lack of knowledge about bitcoin. people will loss their fund because of their reckless to respond what if that state come to them. newbie need guidance from expert to do the next move. most of them will panic if bitcoin price fall.
and im not sure if people will follow unknow people to decide something important.
That's exactly what I meant by the impatience, they get reckless which ends up with them doing stupid decisions that caused them to lose their money in the process. Lack of knowledge can easily be solved, just read more and you're good to go, on the other hand, impatience needs to be trained and you must have the will to remove that impatient behavior.
Reading is the most basic means to achieve a good life and will have good knowledge for the purpose of a better life, bitcoin is indeed a very promising investment and but still must be based on sufficient knowledge before doing it.
Most beginners are lazy to read to find out how bitcoin works and don't realize that the best options for bitcoin are medium and long term and not short term or get rich quick schemes, and there is a process to make good profits and also have to know when to buy and sell at right time.
Getting involved with bitcoin requires enough knowledge and strong patience to produce good results, be a smart beginner and don't follow people or news that makes you careless, do your research and studies well so as not to make mistakes and harm yourself by carelessness.