Quote from: jrrsparkles on January 20, 2024, 08:16:09 PM

Quote from: ColdLava40 on January 15, 2024, 05:50:52 PM

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.

I recently stumbled upon a guy few days back who happens to be a anti-bitcoinist. He showed his frustration and condemned Bitcoin in a way that got my attention. I was eager to know why someone would have hatred for a life changing opportunity like Bitcoin, so I had to ask.

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.

People who expect a 100-dollar investment to make them rich have no idea what is investment and they can't blame Bitcoin for their own mistake which is due to their greed of their own led to fall for such a scam method. This is very common among the people and their view is that they blame fiat money because they lost their fiat because someone robbed their wallet.

Anyone who thinks sensible can understand who is to blame in this.

Those people believe that they can easily get rich by investing on bitcoin or any platform using bitcoin as their tool to attract users will actually encounter such huge lose since they might expect a lot from this without knowing the risk that they are stepping on. Then usually once they fail on their expectation they start to curse bitcoin and call it as scam without knowing for theirselves that they are the one who commit such mistake and those losses encounter is the result of their greed.

Sometimes newbie is denial for their own mistakes made that's why its really good or best for them to know first what they are trying to participate so that they would know the risk and what they should expect on their possible investment made there.