That's the worst situation, but usually, scammers use the lack of knowledge as a way to promote their "guidelines" or "guidance", and then people get rugged.
The first rule is to do things yourself, you will be right or wrong, but it will be you, not somebody else.
Sometimes, people with good knowledge also fall for scams. Scammers are always inventing new methods, and some of them actually work. Even people who have been crypto space for a long time fall for these traps. I was scammed a few months ago even though I thought I would never fall for scams. I was scrolling social media at late night and I received a phishing email. I didn't notice who is the sender and I connected my metamask wallet to a phishing website which drained my entire metamask wallet. Another Legendary forum member was scammed in the same way. Do you think it's because of a lack of knowledge? In my case, I didn't pay enough attention to the website before I connect the wallet even though I know how these scams works.
Perhaps this is more of my reasons why I say bitcoin is risky and it's not guaranteed that one will succeed with bitcoin even after observing all of the investment methods which we advocate for, perhaps success can not be quantified with the amount of bitcoin one has accumulated over the years but his success rate at which he makes use of one of the Sustainable bitcoin withdrawal methods which JayJuanGee also talked about in one of his threads, which may not also be a real success as on whole time of investment could be whipped out in less than an hour of encounter with scammers.
Perhaps being careful is not just enough but also educating ourselves with the right knowledge regarding scams, phishing links etc is very important hence to protect us a little bit more as the internet itself is not a safe place.
Regarding scams and hack attacks I have once urged JayJuanGee to include security related issues into one of his writings as having to educate on every other part of bitcoin and leaving the security wise of it seems too left out IMHO.
I talk about coin security sometimes, but I don't really feel that qualified to really get into security and/or coin storage details, and sometimes it can also become problematic to get into too many details of our own personal security practices.
Perhaps in various occasions I have come across posts you've made regarding coin security and it occurs to me that coin security can be so complex to a very great extent that it requires a lot of dedication to figure out how one might be able to handle security wise cases but perhaps in general discussions coin security should be at least a part even though it would be discussed with minimum details it's still available for one to read and when it gets to the level that might seem to become difficult then one might be able to create a separate topic on that hence more people with technical and coin security knowledge might be able to help out.
Part of the punchline with coin security surely relates to the quantity of coins held, so in the very early times that a person is just getting started investing into bitcoin, there might not be a lot of value to protect, yet with the passage of time the value of the bitcoin holdings will likely grow with both ongoing adding of value to the investment over time, and also with decently good odds that bitcoin prices will continue to go up in value, especially for folks holding BTC 4-10 years or longer.
So the level of your security and coin protection likely has to relate to both the value of the coins at any particular time and the fact the coins can change in value quickly, but also there likely needs to be some concerns about level of competency for people to establish their BTC storage system and to employ decently good coin security /protection practices. Of course we should also attempt to account for possibilities that from time to time bitcoin might go through considerable increases in its value in a relatively short period of time, and for sure BTC coin holders are going to want to protect our coins more if they are higher percentages of our networth and as the coins might end up going up in value we might need to increase our coin security practices.
Of course the fact that bitcoin price increases in some length of time makes it very crucial for coin security to be deeply and effectively discussed but perhaps it would have to depend on ones bitcoin value yet it's in my opinion advance coin security should be taken into actions before bitcoin value begins to appreciate and regarding the price of bitcoin increasing a short or long period of time, perhaps it have lead some of the investors in the early days of bitcoin to loss their coins as they left their bitcoin in a wallet that is not well secured and over time the price or worth of their coins became more expensive that before they would be able to get into more security hackers/scammers already too advanced or compromised wallets and sweeped out their investments hence on this same note we should be able to have the knowledge of coin security issues that in a long or short period of time one needs to check or figure out a way to increase their own coins security practices.
Another aspect of BTC coin security is that there seem to be ongoing developments in regards to various ways that we can hold our coins, sometimes even discovered vulnerabilities in regards to how folks had historically held their coins. Normies also might have bitcoin that they keep more in cold storage (and maybe they only check access a couple times a year) and other coins that might be medium accessible or even other coins that might be on hot wallets.. so there are also levels of security, and surely in the bitcoin community there is value placed in open source kinds of security set ups rather than closed sourced, since closed source could end up having back doors, so guys might end up choosing wallets that are not as secure at they believe them to be, and so in that regard, guys likely have responsibilities to figure out the security of their own set ups and if they might be putting their coins to unnecessary risks in regards to how they are holding them.
Guys also need to be careful as to not overly complicate their security set up, since a lot of guys lose coins by making their security set up too complicated, and then if they cannot remember their password or they lose it, then they may well end up losing their coins forever, and no one can help them to recover their overly complicated coin storage set up. Being your own bank can be difficult for some folks and even folks who are technologically capable, they can end up messing up their own coin storage security.
Perhaps you're very correct in everything you have said above guys have to figure out whether their coin security level is balanced with the worth of their bitcoin but sometimes it's very difficult for people to know more about the advanced level of coin security regard closed source wallets and open source wallets and good practices to keep them in a good condition because even with an open source wallets or cold storage guys might somehow get things complicated and eventually loss their coins and just as you have said which also lead me to say that its a very crucial area in the bitcoin investment that needs to be included in every deep investment discussions hence I think it might be possible for one to create a thread regarding how to maintain ones coin security regardless of what type of wallet one is using to hold their coins and perhaps in such a discussion or thread newbies/normies might find it interesting to figure out a way to put all their coins into a very good security level hence to prevent such stories like the one that lead us to have this discussion because recently guys are beginning to be uninformed of the new changes or developments in the coin security area.