Why do newbies hate bitcoin so much? Did you get in at the peak and full of loathing now ?
Even if you buy at the top in December 2013, Bitcoin gave you a lot of chance to recover your loss. So, I don't think it's about that. They just don't know how to make money in bear market.
I used btcjam once 2013 - I was not paid back and btcjam did literally nothing to cover. So no, I recommend to not touch this site with a ten foot pole.
Makes you wodner why they need all that personal information then if they are not going to use it?