<Snip> From 2009 to till now Bitcoin has seen many big frauds and also billions of dollars of scams in every aspect where people have lost too much money and that's why control your money by your own and that's the only to save your Money too and I am always careful too.
Describing bitcoin as fraud is wrong, in practice it is not bitcoin who do it but individuals or groups. That's why bitcoin is different from a ponzi scheme, you can trade yourself with the money you have and the profit will be according to the way you invest in bitcoin, although the technical investment varies and depends on how to see the potential market conditions for trading
While ponzi schemes carry a much higher level of risk, you will be relying on a second or third party to make the investment and ponzi schemes are generally run without transparency. I agree to avoid scams and losses you have to control your money and know how to invest before you start.