Post
Topic
Board Bitcoin Discussion
Re: Do not fall for success stories of bitcoin investors
by
kryptqnick
on 04/06/2024, 07:15:06 UTC
I have seen new investors being carried out by seeing the success of big bitcoin investors. But , this is wrong approach in my opinion. Because, I personally feel that most of the people fail and they will never share their story. So, most of the stories that new guy searches , he will find only good success stories. But that is not correct overall picture. One should keep the limitations of crypto in mind as well. What is your opinion about this ?
That's an interesting hypothesis. Overall, I feel like people usually share their negative experiences rather than positive because we tend to dwell on the negative in our lives.  Think about how often you wrote a positive review to a place where everything went alright and how often you wrote a negative review. But people also feel ashamed for losing money and for making mistakes, so this case is somewhat different. I think I've seen roughly the same amount of positive and negative stories with Bitcoin, but I agree people shouldn't jump into investment because it worked out for someone else.