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.
We must not forget that there are crypto scams, and those who believe that crypto is a scam may have been scammed before or know someone who has been scammed, leading them to believe that everything about crypto is a scam. Whether we like it or not, experience shapes our thinking, and removing such an opinion from a victim's mind will require a great deal of proof and conviction before they will change their mind about cryptocurrency. I recall vividly telling a friend about bitcoin and trying to persuade him to buy crypto coins, but he flatly refused because he had lost a lot of money on MBA Forex and had decided not to participate in any form of online investing.
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.
Education is important before anyone embarks on any form of crypto trading. A trader who understands the cryptocurrency market will not be swayed by market trends. Education can help a trader determine the best time to buy, hodl, or sell a cryptocurrency. This knowledge will allow a trader to profit from the cryptocurrency market.