Quote from: Tungbulu on Today at 03:11:34 PM

Quote from: sotelorene on Today at 11:39:48 AM

The way some investors are behaving it is obvious that they don't still understand this you said and that is why we have people selling off when the market is going down because of wrong investment.

That's right. Nativity can indeed be a major barrier and can hinder the progress of an investment. This is why it is always good to always stay updated on matters that concerns your asset class (in this very case Bitcoin) as an investor. Some people rush into Bitcoin without truly understanding the technology, yes it's true that one cannot acquire all the knowledge from the beginning, it's a gradual process, but it's crucial to first understand the investment you're going into, even before you make the first step of entering, because you might end up failing even before you started.

In order not to fall prey to making naive and ignorant decisions, investors or enthusiasts need to first understand the technology, as well as how it works, then you can start and develop your strategy and also acquiring some necessary knowledge on the process.

You are right Tungbulu, some newbies that are now into Bitcoin rushed into it without having a basic knowledge of Bitcoin and that is why you see them rushing out of it too, the reason why this kind of a thing happens is because of Misinformation, some people where told that Bitcoin is the most easy way to make money and for the fact they have been hearing about Bitcoin they just decide to believe that information and then rush into Bitcoin investment with the hope and believe that is the easiest way to make money, and because of this news they lost interest in wanting to know more about Bitcoin.
Some people are even told trading Bitcoin is the best and they went into it and when they start losing there money they tag Bitcoin a scam.
No one can prevent hearing wrong information but how you handle every information matter's a lot, any information or teaching you get do your own research and findings, this way you will always prevent yourself from getting messed up by wrong information or teaching.