Opinion on "bitcoin, XRP and crypto in general are scams"

[ultrloa]

Crypto is a tool that can be used for good or worse, and this includes major cryptos like BTC. BTC in itself isn't a scam, but the whales that manipulate market one way or another can be thought of as a bit scammy, making millions from clueless "investors".

They lose their money for the volatility that's why many clueless person tells that they are losing money from crypto and conclude that this is scam without doing some research regarding on this thing. And they should really need to be educated since if they always think downwards they cannot get what crypto can offer in this new digital era world.

[AakZaki]

What is the purpose and objective of the OP?  is still here and says Crypto is a fraud, but it looks like he lost money so he says it all.

How is this possible, BTC is said to be a fraud while people of senior rank and legendary members feel comfortable spending hours at this forum.
With the aim of getting a lot of knowledge about Crypto, Blockchain or others, even some people get paid from all of that.

I often find people who say something negative about Crypto just a beginner who does not have extensive knowledge that when trading they suffer losses and who when making investments they are misplaced in Ponzi and in the end they say as the OP says.  Sounds silly

[skarais]

~~~

The mastermind of all the problems presented by the OP is probably his disappointment with the reality he experienced after being a crypto trader for the past 4 years.

I've been invested in crypto for about four years, with an amount I'm comfortable with, occasionaly buying more, mostly top ten/twenty coins
by marketcap. And I'm not desperate. Certain trends might make me think, doubt, reconsider things sometimes, yes. And If I'd lose what I've invested up till now,
ofc it would hurt, but I would be able to accept that and move on. Not that I think it will come to that. I'm just holding for the long term.

And it seems like these two posts of user have answered all OPs doubts about crypto and made it learn more.
1. Response from mr.relax
2. Response from abel1337

@mr. relax, abel1337,

Thank you both for your insightful answers. I have much to learn.

Are there lessons we can take as users who trust crypto ?

[Lanatsa]

Crypto is a tool that can be used for good or worse, and this includes major cryptos like BTC. BTC in itself isn't a scam, but the whales that manipulate market one way or another can be thought of as a bit scammy, making millions from clueless "investors".

They lose their money for the volatility that's why many clueless person tells that they are losing money from crypto and conclude that this is scam without doing some research regarding on this thing. And they should really need to be educated since if they always think downwards they cannot get what crypto can offer in this new digital era world.

This is the sad reality on where people do treat this crypto market as an easy money generating place but when the market goes again them then thats the time they would say its a scam without even reconsidering or try to check out on how this market works and thats why those common lines been thrown around which is already a usual stuff.Some might turn their backs and tell all those negative insights and some would go back and
rethink to study it more.First impressions doesnt really last if they do just tend out to study and try to understand that expectations doesnt happen.