Many people frustrated after investing with bitcoin last 2017 because bitcoin ever touch more than $20,000 and now look how bitcoin dump drastically and make many investor lost their money in bitcoin, maybe every day always have new people said bitcoin will back to higher price above $200k but we can't prediction how bitcoin price dump now, maybe this reason why many people afraid for investing in bitcoin.

There is a person that has the confidence to invest all of those 1 million dollars, that is too much even though I really believe on bitcoin, I wouldn't think to invest it all, I would rather invest my 30% of money so I still have money on my own which I can spend to have some business or other things, it still profitable for me if I am going to have a business rather than to invest it all.

Investing is really profitable that is why most of us do investment but we also limit the money we invest because of being afraid that we could lose it all

"Why people are afraid on investing to bitcoin?"

Go to any portal that have opened comments and read them:
- earth is flat
- vaccines kills people
- 5g spreads coronavirus
- bitcoin is used by north korea and mafia to laundry money and backup nuclear weapon programs

Then you want to invest, you are opening your bank account and want to transfer money to exchange - and guess what "suspicious transfer has been blocked, please contact with us if you have any questions".
So I have to make some combinations to transfer my money from my account to any kind of crypto exchange.

Because all my banks do not allow me to do that, official explanation is "because those accounts are used for criminal activities and money laundering" (yes - this is official statement of my bank)

Seriously, last weeks I have same trouble with using revolut, so imagine how normal person that do not have knowledge may react. And people with $1kk are not different they simply have more money by luck or by being good is some particular area of life - it doesn't mean they are smarter or good in other areas.

Many people are afraid of investing in bitcoin, because most people do not believe in the future of bitcoin and also the lack of knowledge
regarding bitcoin. For those of you who dare to buy 100 BTC without hesitation, I'm sure you are a bitcoin believer. I also like you, very
confident with the potential of bitcoin. Therefore we must promote bitcoin and also educate many people, so that more people who invest
in bitcoin in large numbers.

You are correct, the only thing you have to do is just to wait.

But in your example, you are talking of a serious money invested in crypto, I think in real life you will doubt that, investing a huge amount of money, you have ensure that you have the knowledge and the skills to grow your funds, investing does not always result to a profit, regardless of what market you are investing, even in crypto, you could also fail as the market fail, the question is, can you afford to lose that amount you are planning to invest?

There are so many reasons why people are afraid investing in bitcoin. Even if they are planning to, they will carefully calculate the output and analyze the result of their investment. For me, one of the reason that they are afraid investing in bitcoin is that they still dont know more about bitcoin. Maybe they're still understanding or learning how to create a effective way of investing to bitcoin. Still they're afraid because they might failed in the future but keep in mind that if you are investing to something RISKS are always involve. For a certain time, investment is either failed or successful, up to you what approach you'll use.

See problem is , it's not that easy , Bitcoins is not something that will make you rich overnight . Certain problems that people might face are :

Government restrictions
Possible loss of money if trading is not done skillfully
Decentralization , which makes the old ones think Currency is not trustable.
Various scams and negative side ( which accounts for only 10% but yeah media won't tell you that )
General knowledge of mobiles and wallets is needed , you should not invest otherwise.
People stating their negative opinions online even though they might not know anything about it , makes the reader doubt it .
High tax percentage on the profits made by cryptocurrencies in some countries.

Etc..
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See the thing is , it is a personal choice and people apparently have different understanding in every sector. Now my parents are more comfortable in investing in gold and property but I always ask them to invest a little in Bitcoins.  

People tend to think that the government is a positive thing , whereas the regulation by the government is highly biased . Media coverage is seldom positive about the same .

If you have knowledge , skills plus you can afford to be patient then I do think you should think about a safe amount and go for it .

Learn trading ! It's more of a skill rather than a luck thing . You can even earn when the price is low , at the end of the day it all depends on you .

People are just here in the crypto market because of the trend especially when they attracted to the bitcoin halving.

That's the problem for most of the investors in crypto, they thought it will give them instant money. I keep saying that it's not a good idea for investing in the $9k mark since there's a possibility for a drop, they'll just lose their money if that happens 'cause they're not long-term investors.

The uncertainty of the price due to volatility is what makes most of people afraid in getting into bitcoin and you are right it's not good looking when your portfolio swings regularly in high ranges, you got $100 today then you're unsure of what's going to be in priced tomorrow, could be less than or greater than what you have now. Basically this is the reason why most of people out there are cutting with bitcoin after they searched about it, there has been significant google searches about bitcoin but it seems like it does not inclined with the bitcoin price very well.

With that being said, I therefore conclude that people these days are in a hurry, they don't have patience to deal with the investments, they want an easy rich money and they don't want to get caught in the middle of pump and dump. I'm not an early adopter of bitcoin, neither a believer of it in early years but from what I have seen it is quite safe to stay with it for more years.

There are two types of investors those who want to play it safe and those who like to gamble and know that reward is usually proportional to the risk. Bitcoin is a high risk and high reward investment and many people see it and try to get more whenever they can.

It's normal that safe investments like bonds that barely pay anything are more popular among people bacause they are afraid of the risk and want to be able to say that their money is working for them and that they have some "investments" but they don't get that an investment with 1.5% yearly profit is a joke.