Quote from: examplens on Today at 08:42:36 AM

Investment, and profit, will always have its clients. In addition to all the warnings, there will always be those who want to take risks because of the potential profit.
Unfortunately, some people cannot bear mistakes, so we have cases like this [2024-04-15] Another cryptocurrency suicide
It is certainly interesting that such things happen to highly educated, intelligent people, so it is not just a matter of lack of knowledge or acceptance of information.

It is the lack of experience in the markets. That person is a doctor, not a banker. He has zero information on risk management and money management. He might be a very good doctor but doesn’t mean he will be a very good investor. They are totally different things which demand totally different skill sets.

Many crypto people learned to trade assets on the markets after they met crypto. Before crypto, they didn’t know anything about finance/stocks etc. So the idea of trading assets on the financial markets is too new to them.

They lack knowledge and education. They know nothing about risk management. Their minds are weak.

I too was one of those people and I too lost big potential gains in the past. I didn’t lose anything from my own pockets luckily but after reading many books about investing/finance/risk management I see now that I could very well have been that guy.

Once I read a forum user on WO and he said that he made his fortune before crypto, in the stock markets. That’s exactly where people should start learning about making investments before they do anything with crypto.