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MyThoughts

Why some people don't like cryptocurrency?

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Well if people like cryptocurrency or not its completely his or her choice  of liking ,or there would be some misunderstandings about the cryptocurrency ,because many People think that cryptocurrency will make in loss or when money is invested in cryptocurrency ,they will not get the money invested or whatever thats why they fear to invest.

Edited by Akasshh

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On 1/29/2020 at 12:32 PM, lingardcpp24 said:

There are many people who don't like cryptocurrency because they don't know it yet. They are afraid of fraud and crime. Not everyone is willing to risk investing something

Many of them believe the lies told by governments that cryptocurrencies are used by criminals and so they would not want to be identified as criminals. We know what governments have seen fighting is to remain in control of people's finances.


 

 

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On 10/9/2019 at 1:49 PM, MyThoughts said:

Why some people don't like cryptocurrency?
What are their arguments and assumptions based on?
Do you think there are many such people?

Every thing have good and bad side. I think those people heard about crypto bad side. That's why they think crypto are illegal.


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People can be hating using cryptocurrencies maybe they have already got scammed in a several times, or maybe their governments are sick of cryptocurrencies

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Different people have different choices and opinions. So there are many reasons why a person doesn't like cryptocurrencies.

1. They don't have a trust on it.

2. It is not clear that who controls cryptocurrencies and the digital market.

3. The prices change every hour or minute and it might be frustrating to them.

There might be many more reasons and yes the government is also not adopting it.

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Yes of cause, there  are so many persons who don't like crypto currency, the reason is they believe crypto is scam because of the way it fluctuates. some also say crypto currency is gambling    

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There are many reasons people don't like crypto currency, some thought it's all about scam, while some also have been a victim of it.

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On 10/9/2019 at 8:49 AM, MyThoughts said:

Why some people don't like cryptocurrency?
What are their arguments and assumptions based on?
Do you think there are many such people?

Many people don't believe in cryptoworld because of ignorance fear and they are obviously not ready to learn something new what I meant to say is that they are unwilling to learn something new

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The risks of getting scammed for multiple investments including huge loss of profit will be a trigger for someone to lay low or completely left the crypto world. 

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On 10/9/2019 at 2:49 PM, MyThoughts said:

Why some people don't like cryptocurrency?
What are their arguments and assumptions based on?
Do you think there are many such people?

According to people around me, the crypto currency is unclear, the price is unstable and tends to be used as a medium of crime such as fraud etc. They are influenced by negative news about crypto currencies.


 

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Because bitcoin is very costly now, and they can't get in now, hence they spread negative views about bitcoin in an effort to bring the price down of bitcoin, so that they can get in some. No one with a working brain in his head can say bad things about crypto or bitcoins. 

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i think the most important reasons that some people dont like crypto is scam projects these projects stole people's money and when someone lose money in crypto he wont trust in crypto and its really bad i believe if we stop scammers crypto will rise like year 2017.

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Many of them are not engrossed on internet things, accordingly they believe that cryptocurrency have to be amazing out of the question fixation to be in the world

 

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5 hours ago, Petrol said:

I think the people who don't like cryptocurrencies most of them are ignorant..they are not familiar with modarn technology..

On contrary many illiterate nation are the ones use crypto without trouble, but countries like USA were the first crypto ban nations.

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On 10/9/2019 at 12:49 PM, MyThoughts said:

Why some people don't like cryptocurrency?
What are their arguments and assumptions based on?
Do you think there are many such people?

Yes many of peoples were dont like crypto currencies because they think it is a scam. But now with the effective growth of crypto currencies many of peoples started believing on bitcoin.

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Some people don't like crypto currency because they are victims of scam. They don't have enough knowledge about cryptocurrency trading and investments.  That's why they will always lose money 

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1 hour ago, Gogular said:

those haters doesn't go through could you repeat that? Bitcoin carry on or I beg your pardon? the crypto currency systems fix
 

I do not understand your question, what are you trying to ask here?

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The leading aim why they don't believe, is as of fear, and any more great percentage can be attributed to the immense level of ignorance that at a standstill exists, if we beginning that WarrenBuffet that is a enormous shareholder does not deem in this technology, which dead body for the the rest? It is difficult, I ruminate that the adoption of cryptocurrencies will be a bit progressive.
 

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Well I think people's don't want to do any work and they think that they do nothing and have money or they don't know well about cryptocruncy that how they work on this platform that's why they don't like cryptocruncy.

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He ends up selling at a loss if you trade patiently, you'll love crypto and if you have a strong hand and learn some TA, it will helpIt was always buying and holding the tops, I know someone who put out 70k worth of XRP near the top and was in profit for a few days but refused to sell

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On 10/9/2019 at 7:49 AM, MyThoughts said:

Why some people don't like cryptocurrency?
What are their arguments and assumptions based on?
Do you think there are many such people?

I think that those who do not like digital currencies because of their ignorance of them and their lack of knowledge of their features, perhaps we should explain everything to them, but I am afraid in the end that their position will remain negative towards cryptocurrencies, so we will leave them to accept cryptocurrencies within several years and during the entry of blockchain projects into our real life. .

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On 2/18/2020 at 11:31 AM, Umefarwa said:

As the I think the biggest problem is the lack of awareness and the consumption of it. This is a huge unknown to the masses of real-world applications and can damage negative media coverage

Yes some doesn't know about it and some really doesn't have idea on it and some are not interested.

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According to my point of view the people who don't like cryptocurrencies basically they don't like the risk because the unit rate of cryptocurrencies is going up and down randomly and these type of people like to invest in gold and they believe on real money that's why they don't like cryptocurrencies.

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Some people really feel uncomfortable out of their comfort zone ,they are afraid to experience new things that they never heard about or they are not familiar with it!

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