RE: Bitcoin Is Well Known In Germany - Yet People Are "Scared"!

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Bitcoin Is Well Known In Germany - Yet People Are "Scared"!

in bitcoin •  7 years ago 

Why are they scared to own? For anyone to be successful, you have to take risk. Anyways I agreed with you and I'm happy to one of the early adopters in this new rapidly emerging market.

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Just like many people they are scared to invest into the market as they could loose 50% of their money within a day. Many are just not willing to take such a high risk yet while still not knowing a lot about Bitcoin after all.

Just look how many people won't even invest in stocks /ETF and because it's too volatile.
Most try not to lose anything before thinking about how to make a profit.

I can understand them as well though. Many don't earn a lot and have to make sure that they have enough money to care for their family. Playing it safe isn't wrong after all.

I like your work dear
You and analyst @salahuddin2004 are two top analysts of cryptoworld.