Social media has really messed some people up not only by convincing them to invest in shitcoin but by also making one lose everything they have in their wallet more especially newbie. Some weeks ago a friend of mine lost everything in her wallet just by clicking on a link they said she's going to make a lot of money and this look so good to be a lie but because she's still new and she thinks that's how she's going to turn rich in a twinkling of an eye not knowing she's going to lose everything. We should be very careful on what we see or hear online even offline.
Sometimes I don’t blame these scammers, but people who are falling into the trap because knowledge is very important. Many people need quick money, and they think crypto will do that for them. Instead of learning before they do everything, they are too lazy to do that. And that is why they fall victim to the scammers. Just like your friend, now I can’t someone blame those scammers for scamming her even though she is a newbie.
Why did she not ask or learn before doing that? I believe next time she won’t do that again because, in my opinion, everything you want to do as long as it requires money, learn about it before taking any further steps. Bit newbies fail to do that.
Although there are people says that no scammer if there's no people willing to get scam, but that doesn't we can't put all heavy blame to victims. Since if they didn't put any appealing and convince innocent people to earn profits with them for sure there's no people will get interest to look up and invest with those scam projects. Many times people is so lazy to research and just think about profits if they take out greed and have critical thinking then be more selective upon choosing where to investment for sure those scams would never affect them.
That's why knowledge is important and constant joining good discussion and communicate with community which have good knowledge on investment is important so that we can avoid any potential scams. Its good that Bitcoin is here to save their ass towards wrong investment choice and what people need to do is to learn some basics about it and engage with long term investment. If they extend their research to know more about this for sure that they would learn a lot of helpful information about it like executing the right strategy which is helpful to make their investment became more successful.
Everyone is vulnerable to scam, the only causative attribute to being scammed is ignorance yet, and if the information is not passed already we are more likely to get scammed. Some times it does not play that we are smart enough than some victims, only that we already are informed and knows how to prevent it from happening or falling into it. Very true, if most of us were not part of this forum, likely as well indulging in this thread we might not have been loaded with as much knowledge we can count on.
What about those who choose to invest in shitcoins, leaving out Bitcoin? It becomes not a call of ignorance but rather decisions based on wanting a lot of profits, too early and without doing much. Sometimes the knowledge is there but they choose not to implement them properly and often faced with consequences at the end.