- Scam - When i first told my friends about crypto they ignored me and say its a scam
Due to their experiences with scammers, a lot of people consider any online investment to be a scam.It is not news to us that many people have lost a significant sum of money to scam projects, particularly ponzi schemes. As a result, prospective investors are scared and neglect to learn about cryptocurrencies because they assume they are scams.
- Fear - since they thought crypto is a big scam, they fear they will just waste their time, and money investing and then wipeout after
The fear of losing will always be larger than the idea of winning if a person doesn't have enough knowledge about cryptocurrency, this will prevent them from investing in it.
- lack of knowledge - since they don't have knowledge and they sometimes think it will be hard to learn, they loose interest in it, but in reality with lots of information over the web and with bitcointalk its really easy to learn something about crypto
Knowledge is very important in anything you may choose to do in this life especially in term of business or investment. I agreed with you that lack of knowledge make some people to loss in interest, but I don't think it main reason for someone to loss interest easily because we are not born with knowledge, so are to acquire it. If we are lack of lack knowledge about anything the best is to do, is do research about such things.
- Money - Although money is important they thought that the only way to earn in crypto is to have money to invest, but there is lots of things how to earn without money
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Money is one of the primary reasons why people are put off from investing in the bitcoin sector. It even puts people off from learning because some people don't even have the resources, like as high-quality smartphones and laptops, that would allow them to access the internet.