Post
Topic
Board Beginners & Help
Re: Why Crypto may go wrong for some people
by
Taskford
on 30/07/2023, 14:45:43 UTC
no investment is without risk. those who offer such things are obviously scammers. unfortunately, many beginners are trapped with such a perception. seeing ads or advice related to Bitcoin investments with the promise of quick profits from a platform. and when they don't make a profit or even have their money stolen, the blame is on Bitcoin. not the scammer. that's what makes a lot of negative views of Bitcoin. which was actually created by people who don't have enough knowledge to define Bitcoin and how it works.

Scams are one of the reason why crypto became wrong to them since it creates bad impression to newbies that crypto is just a tool for scams since they had bad experience on early stage of their investment.
If they just been well guided and get an advice that ponzi scheme platforms is really bad choice maybe they will be more careful or will not decide to invest on any platform offers same system to them.
We have a lot of source of information so better for people experience bad on their first try should research to know what are things that can help them on their investments on crypto.
It was hard to convince and educate someone especially if you already have a bad experience (like a scam). There is misunderstanding and confusion around, that is what I see because many influencers and self-proclaimed crypto experts, they'll get into different opinions which is why a reader couldn't say which one is right and which one is wrong. If we only have just one book published and one author, definitely we all have the same market views. Unfortunately, there is nothing, and what we have mostly read online are from different people who also have some conflicts of opinion.

Also hard to have only one thing to believe since we don't have any comparison if the written information there is continuously good to us and its like monopolizing so for me its still better to have multiple source of information so that we can do more better decisions since we encounter those multiple risk. People need to exert huge efforts so that they will not victim of scams or any deceiving tactics made by those influencers so that they will not waste their money on wrong financial advices.