Post
Topic
Board Economics
Re: How to prevent fraud?
by
DaftAjax
on 27/11/2019, 16:25:01 UTC
<....>
so of course this scenario that happened to their life will for sure they will share it to their friends and relatives which will become frightened and instead of having the courage to invest they will lose hope.

That's the wrong mentality.

The person who has experienced this unfortunate fate should not be a contagion. What that person should do is to make them aware of the possibility and to expect that something like this would happen. It's unfair for those people who are interested in investing. I always believe in the dilemma "Just because it happened to you, it doesn't mean it will always be the case".
Sharing the words is a way of spreading the awareness.  If someone can get benefit from our experiences, then we should not resist from letting the cat out of the bag. Each matte can be looked from different angles and only pessimists will focus on negative side. Investors should be more careful with their decisions and go for options that are supported by a huge community.

But then again, people tend to be depicted as "white sheeps". If a person told someone that a certain something is terrible they would easily believe it even though they didn't even saw/heard for themselves. It's easier to doubt than to trust after all. But then again that also depends on who says what. If the said person have closed ties with someone who is being told to, its really obvious that that certain someone will whole-heartedly trust the said person.