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 ?
In my own estimation, I think that investors are more likely to share a story about a loss than about profits in bitcoin. Their stories of loss are everywhere on the internet - on blogs, forums, Twitter, Facebook, and other social media platforms. And they do it for two reasons which may be intentional or not. They are, to garner sympathy from the public and secondly for it to serve as a example to new investors to carry out a thorough research and understand the market before they make any investment. I would say that for security reasons most investors unless the big ones are very hesitant to share their bitcoin success stories.
On the contrary, I feel most investors always come online to discuss their success stories, I hardly come across investors on social media who come to talk about the loss, though their are pockets of them that do come out but not as to be compared to the success stories. Why we see inflow of new investors, is because of the success stories they've been hearing about Bitcoin investment, success stories has a way of spreading itself. Once there is one success story about a certain investment, it has the ability to counter 10 failld stories.
Even with the secrecy that is associated with Bitcoin, because some people will just want to keep to themselves about their stories but yet, people still try to spread the good gospel of Bitcoin investment across the globe.