Post
Topic
Board Speculation
Re: Reason why I put all my money in Bitcoin as a newbie
by
RealMalatesta
on 31/05/2022, 12:48:33 UTC
It is nice to see at least a newbie with some common sense, every single day we see newbies taking enormous risks that even some of the most experimented members of the forum will never take and yet they think that somehow they are going to make things work, but as you may guess that is not what happens and the people that invested in altcoins lose a great deal of their money, and while what we saw with Terra Luna is the most extreme example of this, the truth is that we see something like this happening almost every single day.
Newbies come here usually from places that make them do like that, and that is the problem, because if you see what crypto is for the first time from a person who tweeted like "had 20 bucks in my account last year, now I am driving a lambo thanks to X token!!" and come here to buy that x token, you may get fooled.

But, someone who has a grain of brain would know that same could not happen that quickly and would start to instead learn what this is all about. I personally believe that we are going to have a lot more newbies who will be interested in learning a lot more and that will end up with something that will make them a lot more money in the long run, instead of just getting rich quick.