Quote from: Pi-network314159 on Today at 06:31:02 AM

Quote from: Skipo1 on November 22, 2024, 07:16:59 PM

Quote from: uche6215 on October 30, 2024, 10:02:10 PM

Many people till today is of the opinion that crypto is scam that is why they run away from it when crypto currencies like Bitcoin is mentioned. The question that normally comes to my mind is if the person is exposed to the crypto market and has this person been educated and gotten sufficient information about the crypto market.

I have come to see that many people who are into crypto currencies investment like Bitcoin has no sufficient knowledge about crypto currencies and so they invest in the false information that was given to them by others and if they don't get return back on investment maybe due to the volatile nature of crypto currencies they become afraid of crypto currencies like Bitcoin. There's need to educate people about crypto currency before they do any investment on it.
What is your view on this topic let share our thoughts so we can learn new information about crypto currencies here.

your topic is just reminding me about one of my friend i introduce about crypto currency, it took me weeks to convince him on how her Bitcoin cryptocurrency works and the benefit he will got when investing on crypto currency and he reply to me that all this online stuff is full of scams.
But today he is the calling on phone that i should come nd teach him more crypto currency that he is interested now.
So i travel down to him just to teach him all about crypto currency, i must say i love this information u just dropped because i have witness it before.

I see you really have time, after he neglected learning bitcoin he called you and you went to him in his house to teach him. isn't that childish? Instead your friend should have come because he needs it more than you. Learning bitcoin is not by force, for me I don't have time forcing myself to teach people about bitcoin except for a serious minded person because majority of people thinks bitcoin or any other online investment is all scam. And I will advise you to learn more about bitcoin or cryptocurrency before educating someone because any slighted mistake will bounce back at you. Because the person you are teaching may have make a mistake by sending bitcoin to a wrong address as a result of not listening attentively And it will look like what they thought about online business is a scam. Or most people will not know the risk associated with trading or holding bitcoin, so when their asset in bitcoin depreciate as a result of volatility they think you have scammed them. You should be careful what you teach in other not to get into trouble.

Information is power but it doesn't end there, many people are not wealthy currently because they lack information some average class people have missed the opportunity of becoming more wealthy cause they lack the right informations, that's I stated that it doesn't even end with having information but the right one, their are people who know about Bitcoin but don't know the right way to go about it, they have enough money to invest on it for the future and make good profit yet they lose cause they deviate from the concepts of Bitcoin investment. However when they get the rightful informations and follow it accordingly by investing for long-term and constantly buying it as time goes then they're bound to excel by making lots of profits from it, it's lack of good informations that make people still believe investing on Bitcoin is only for the wealthy, it's also lacking of good information that makes them feel they could involve Bitcoin with trading and make more profit. However the rightful information would make them correct their wrongs and follow the due process of investing in Bitcoin.