Quote from: MarjorieZimmermanGinger on Today at 02:47:23 AM

Quote from: bluebit25 on September 20, 2023, 04:04:10 AM

I just found a news story and tried to find more content related to this story, and this is all I know about this story. It makes me imagine stories that I have encountered before in the investment environment, where losses occur and make people lose their original reason for earning money, which is also to bring home and build a better family life. I don't want to discuss the reasons for investment failure here, but from the story associated with bitcoin, it will also continue to happen, but in a different form.

Bitcoin is getting more and more popular, and it is labeled with many different stories. I can see many people blaming Bitcoin as the cause of all the problems, but clearly the main problem is people causing them related to Bitcoin.

The mindset of making quick profits using small capital is a big problem that continues to be planted in people's minds today, so that in the end they have to deal with losses and deception from other people. I never agree when people say Bitcoin is a fraud because as long as we invest in Bitcoin, if we do it correctly and precisely we don't incur any losses, only individuals who use Bitcoin to deceive other people. Last year in the area where I live, many people experienced losses based on investments and after I investigated them they took advantage of fake investments that had nothing to do with Bitcoin.

There will be many stories that continue to be developed regarding bitcoin and if someone understands the patterns and ways of investing in bitcoin then they will be calm in facing these conditions. We can never make people avoid fraud and loss, but we have a moral responsibility to straighten this out with family, friends and other people we know well. At least when we explain something true to them, there is a little filter that can make them think.

Seeing individuals tricked left, right, and center is really annoying. They frequently fail to realize, as we have repeatedly observed, that Bitcoin is not a scam in and of itself. Its the way certain dubious people and organizations use it. Its like blaming the entire internet for one fake email, right?

I've been involved in the Bitcoin space for a while now, and I can tell you that the amount of times I've heard someone claim to have been duped by a scheme to "double your Bitcoin in 24 hours" is just too high! Regarding the issue in your community, con artists frequently utilize the name of Bitcoin to entice victims. They take use of its intricacy. We need to exercise caution.

It is imperative that we educate our friends and family. Even while kids might not learn everything at once, their level of caution will increase as they learn more. Which person will I counsel if everyone becomes an expert? Im kidding. Keep the good message going and be safe out there.