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.
Some newbies that are entering the crypto space are not properly introduced, some of them are brainwashed and have the wrong knowledge about bitcoin. Some people think that if you join crypto investment, you will be making instant profits without any risk. If you notice the way signal providers always introduce bitcoin to people, they will give you confidence that you can never lose money if you join cryptocurrency. I think some people are misguided, and that’s why.
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.
When you see videos on YouTube, you shouldn’t trust them. Most videos are posted just because they need subscribers or viewers, and scammers are always taking advantage of this to promote their scam websites. Seriously, you won’t blame the person for being against bitcoin, they got introduced to it in the wrong way, and I am sure if anyone is introduced to something and the person is scammed, they will lose interest. Scammers are one of the reasons some people are still against bitcoin.
It was very clear to me that some ethusiast who promote Bitcoin don't talk about the risk part of it, while those who adopt Bitcoin on their own don't learn about the risk part of it.
You are right, some people just talk about the positive aspects of bitcoin to motivate people to invest in it, and they won’t tell them the facts that they are supposed to know about bitcoin. If you are introducing anyone to bitcoin, tell them the necessary things they should know, if they are interested, then they can invest, and if they are not interested, they can just forget about it.