Quote from: Blitzboy on Today at 03:59:46 PM

Quote from: Peanutswar on August 28, 2024, 01:36:11 PM

Quote from: Reatim on August 19, 2024, 02:15:14 AM

Do not lie to people about what crypto is just so they would not think of it as something not worthwhile. Rather explain eagerly. I did this so that my friend would not worry about my financial state and if he ends up becoming interested in bitcoin then I would be glad to continue teaching him.

People deceive by what they see on different social media platforms how do the influencers and crypto referral people engage with the cryptocurrency so they can earn a lot to their followers as their benefit at the same time, some of those say that they can earn here with free money with a casual gain income but once they joined already and get overcommitted and they make a mistake due to lack of knowledge now they will realize that once you join in crypto not all the time you've got earning is assured. All time and effort will be given just to make sure the spot with a good project and of course how does the market move if they want to make an investment. Frankly I always tell to those newbie have a bigger sight with the crypto it could be a life changing it depends how you handle in the situation if your asset.

These influencers, they're painting a pretty picture, a life of luxury just a click away. But what they're not telling you is that crypto isnt some magical money tree. This is a turbulent, complicated market with lots of opportunity but also risk. Everybody wants to get rich. If you're serious about crypto, particularly Bitcoin, you must, nevertheless, see the wider picture and think bigger. Bitcoin is a defense against a dysfunctional financial system, not only another digital currency. It sees a distributed future.

Thus, avoid being sucked into the hype. Never pursue short gains. Do your research, understand the risks, and think long term. The crypto space moves quickly, hence only informed and ready will flourish. Remember, Bitcoin is the king. That is the real stuff. It is not about becoming wealthy over night, though. It's about realizing the future of money, the need of decentralization, and the revolution in development right before our eyes.

Any adult who quickly invests in something he has little or no knowledge about should hold himself responsible for being too careless if the investment doesn't go as he expected it to be. What a serious minded person would do first is to make further findings to be sure they are putting their money in the right place. What if bitcoin investment is actually a scam? They wouldn't know because greed was influencing their decision at that point.

Bitcoin truly is not an investment for impatient people. Bitcoiners really do not need to prove to everyone that bitcoin is the best. Yea, it might be the best for an investor that knows how to use it and still be an entirely different thing to the other person. People should know everything they need to know about bitcoin before deciding to invest. A one sided testimony might not be helping matters.