That is true. I remember my first investment in BTC many years back, a friend actually persuaded me to invest in it. He literally did everything as I had zero idea what BTC was, but I didn't want to make him feel bad, so I obliged. I can tell you that today that investment was a complete waste. I couldn't retrieve my investment because what I investment is way below their minimum withdrawal. Meaning I can't withdraw it.
If I had taken time to understand their terms, probably that wouldn't have happened, but it did happened because I lacked the right information.
What does it mean that your "investment is way below the minimum withdrawal"? You invest on a platform and not with BTC I guess.
But going on with the details about investing just because others told you to do so. It's a wrong idea of investing, you invest because you have learned about it and carefully did your research before you've made decisions to invest.
Many still does it the wrong way and thinking of it as if they're going to gain even if they go to the shortcut way of investing in BTC or with any other cryptocurrencies.
The investment was on hashflare.io, a crypto cloud mining site.
I bought a package I think, and later I got to know that there was a minimum withdrawal threshold which was way higher than my available balance.