EXPECTATION Vs. REALITY Bitcoin in the Eyes of the People!

[Vishnu.Reang]

Bitcoin gets media attention only when the prices move up drastically. I will give you examples. When the price went up from $900 per coin to $20,000 per coin in 2017, a lot of mainstream media outlets covered it as prime news. But when the prices declined to $3,000 per coin from $20,000 per coin, most of these media outlets chose to ignore.

[1714777447]

1714777447

[Ailmand]

We cannot blame 100% the investors, because nowadays all of this ICO/MN-POS project are rampant with a promise of good profit, we cannot deny the fact that some of the people specially the new one were hyped by these type of promises, hyped by good whitepaper, good website design, and also some of this projects are using some prominent personality to convince the investors, now my advice is, everyone should do their assignment to double check, make a well and depth research about every projects.

It's true, only few investors are investing in crypto for the sole-purpose of using it based on how cryptocurrency was created. Maybe it's because most people who invite new people into crypto introduce it as an investment tool to earn money. That's why most people think of crypto as an investment. As time goes by, let's hope that cryptocurrency awareness will increase. We need to understand the whole concept of cryptocurrency.

[DreamStage]

Another expectation is the way those double coin pronzi schemes provide a sort of trust into some new Crypto member.
The greed to achieve some quick profit ameks them vulnerable to these scams. It is so easy nowadays to scam newbies these days as they dont want to understand what's behind crypto, how it works, how they have to act and be self aware of the unlegitm companies out there trying to get your balances without you knowing what your heading into.

Everyone should know what they are heading to and what / how you can afford to lose everything you had worked for.

[pant-79]

Yes, but such a reality. How to manage your money every person decides for himself. Nobody forbids beginners to learn, gain experience and develop skills in trade. Just need to take this moment into account.
Everything works on this principle, and not just the crypto currency market. And the desire to learn and earn of every newcomer in the crypto world depends only on himself. Choose who you want to be, an ignorant novice or an educated and intelligent trader.

PS: My post is written primarily for beginners!
In general, I fully agree that it is necessary to significantly raise the level of people's knowledge about the blockchain and crypto currency.