Post
Topic
Board Bitcoin Discussion
Re: Can this be the reason some people are afraid to invest in Bitcon?
by
romero121
on 15/10/2022, 17:54:45 UTC

The typical human mind initially considers the fictitious drawbacks and rejects the possibility of another type of money. However, a growing number of individuals are visiting exchanges like Binance, Primexbt, Kraken, etc. People are afraid because they were taught to be afraid as child. This is, unfortunately, what the educational system does.

I am also a victim. Wish I had joined this forum earlier.


the reason people are afraid to invest in bitcoin is because they are afraid of losing, and because the value of bitcoin is unstable
not because of education, even when I was in school, the educators taught me to invest from an early age so that in old age I don't think about work anymore for a bite of rice, where old age is the time to reap the rewards of our investment
I don't think it's just fear of them losing money but too much narrative about bitcoin, that's what makes them even more afraid to invest in bitcoin. But now that concern has been reduced enough even though there is still a narrative that corners bitcoin. Let alone people who have not directly dived into bitcoin investment, sometimes people who are already here are still affected by widespread negative issues.
Major reason that makes people afraid and stay far from bitcoin and other crypto usage is the scammers. Mostly newbies get trapped by scammers, and makes those new to crypto people stop their interest on cryptocurrency. Further these people spread what has happened to them, and this will surely make a negative image on cryptocurrency.