Quote from: 10BTCaDay on August 27, 2020, 04:33:21 PM

Quote from: soulripper on August 27, 2020, 04:24:18 PM

Peoples are tend to trust other blinded and too lazy to make their own research that why they are a very easy target to be scam.. Greed overcome their mind and make their judgement up side down tear away because they only want to get rich overnight. Scam can be done if someone not very careful to do thing right and try to search something that make sense rather then searching how to get rich overnight scheme. Better slow then sorry later..

this market cannot exist without such people. Any financial market is full of people who simply do not know how to do their own analytics and therefore they trust to some experts

Same analogy as in rich countries cannot function without poor people to do the dirty work. It is interesting thought experiment as what might be the state of cryptocurrency if all people are very good at doing trading and they are not greedy and at the same time they are not confused and they are very focused. I might think that the losers will simply be those who made bad trades and I also think that it would be difficult for many to earn big bucks since the competition would be intense.