The issue of getting rich quick isn't something that many adopters take seriously, as they've come to believe it is the only way to make a quick profit. It still saddens me to see that some adopters in our community have taken the wrong step towards Bitcoin investment.
Because of the stories they hear, people who are ignorant of bitcoin always perceive it as a get rich quick investment. They believe there is no risk involved and that it will simply generate profit and make them wealthy quickly, without having to worry about learning and understanding its concept. They go right in without knowing anything about it, then when they lose money, they start complaining and accusing bitcoin of causing their losses rather than taking responsibility for their own actions for not learning first. Uninformed Bitcoin investments rarely work out well, and they run the risk of being scammed later on.
From his reply, he said he came across a Bitcoin mining website that was shared via a YouTube video. The mining site mines Bitcoin in small quantities, which he decided to buy some mining power to accumulate faster. He successfully purchased one of the mining power worth $80, but the site eventually shut down a week later without allowing any withdrawals.
Nowadays, there are hardly any legitimate mining websites, especially not for bitcoin. Of the ones that exist, over 99% are scams that are created by scammers to trick you into thinking they are real. Investing on these websites is highly unsafe because the scammers will eventually leave you with nothing. Such platforms are only seen as investments and opportunities to generate money by those who are eager to make money.
Experience can lead to bad thoughts regarding Bitcoin, but I'm sure that the only people who constantly raise negative opinions and believe Bitcoin to be a scam are those who don't know anything about it. Those that criticise bitcoin bother me less because I think ignorance is the basis for the critics and that after being scammed by someone who took advantage of their ignorance, they want to blame bitcoin for it.
His reply got me laughing because I quickly pointed out two things from what he said:
1. He was eager to get quick profit from an $80 investment but ended up getting scammed.
It's vital to carefully research what you're getting into before making any investments because this is the kind of situation that ignorance and haste will land you in. Nowadays, we have easy access to free education so before making any financial investments on any platform, we can make use of the internet or ask educated individuals around us questions about whatever we don't know.
I couldn't just leave him hanging with that mentality towards Bitcoin. .
You did a good thing by showing him a way out of his ignorant position, i just hope he is ready to learn about bitcoin and adopt it or else leading him here would just be a total waste of your time.