Quote from: Wenbing on January 12, 2021, 07:40:35 PM

Quote from: Reatim on January 12, 2021, 07:36:09 AM

Quote from: Wenbing on January 12, 2021, 04:52:55 AM

he said i should never mind, i later gathered that he gave his money to another person to invest in crypto and the person screwed him.

Sorry But do i missed some Part? you Keep saying that He talks against Bitcoin all the time then How come that He gave Money to "Others" and Losses them?

Quote

I tried to explain and educate him with the following;

1. How to invest in bitcoin.
2. the importance of trading or investing yourself.
3. why Holding and Timing are very important.
4. why it is scary to entrust your cash into someone.
5. Why knowledge is one of the most important tool you need in this industry.

He later admitted that he made a mistake.

If you were in my shoe, what would you've told a person that says bitcoin is a ponzi scheme created to scam people?

If i were in your shoe? I would tell him nothing because He is Old enough to understand what He is doing , and learning from you ? i don't know what on the other side that He changes His Mind and decided to invest in Crypto ?

or he is just a Bitcoin hater but altcoin believer ? is this what you mean here ?

What I mean is that he put his fiat money in a bitcoin investment that later turn out to be a scam.
He came, he starting writing that btc is a scam and so and so forth.

I had to address his ignorance and mistakes

That is like him saying that the Dollar, Euro, or Yen are scams because there are scammers using them. It is about as ignorant as the people who are saying bitcoin is only useful for criminals when fiat currencies are used much more.