Bitcoin's future prospects could be better than the current one, but will the price continue down when it rises?
What is the probability of a bitcoin collapse? It is extremely likely that someone will attempt to take advantage of people's ignorance of the true nature of bitcoin.
If bitcoin's price continues to rise, people will soon be unable to ignore it; it will be perceived as the 'gold standard' for currency.
What are your thoughts?
After 10 years of being alive, Bitcoin is fully decentralized and it not possible for anyone to take advantage of it.
There are possibilities of ignorant people getting scammed due to their ignorance, but this should not be blamed to Bitcoin. It is up to investors how much educated would be or not...
Bitcoin is growing faster and faster each year the more it introduces to people the more it will grow with those future investors.
I think before you invest your money you have to know first what are you investing, not just putting your money because someone said so. And I think it's a must, although a lot of people are still falling to these kind of trap where someone tells them that you can earn money if you invest on this and that.
It is common actually in Ponzi schemes that a lot of people will fall for that. Investment requires knowledge of what you are going to invest.