Misconception about cryptocurrency

[akuntester1]

When people accuse cryptocurrency of being a scam in light of recent events like the luna and FXT exchange, it irritates me. Crypto is a risky investment but that's not a good reason to call it a scam during a bear market.

Nothing a person does on this planet will spare him or her from experiencing both success and failure.

An investor in real estate experiences both gains and losses.

A cryptocurrency trader or investor will experience both wins and losses.

Some of a doctor's patients pass away, while others get healed.

In many parts of the world, we have quack doctors displaying themselves as real medical professionals. As the case may be, we too have fake pastors, fake police officers, false cryptocurrency ventures, etc Every profession contains a Ponzi scheme. A person who classifies all cryptocurrencies as Ponzi schemes should be completely disregarded since they are misinformed about blockchain.

Don't let anyone convince you out of continuing to invest in cryptocurrencies. At the end of a bear market, there will always be a better day. Keep your bitcoin investments safe. Together we can weather this bearish market

Of course, it is undeniable that in this world all things that are popular will definitely have pros and cons, including cryptocurrency.
We know cryptocurrency thrive and get big during this time.
Of course this will definitely attract everyone to discuss it.
Whether it's discussing the advantages that exist in cryptocurrency and even some people are actively looking for loopholes in cryptocurrency to raise doubts.
That's a natural thing in my opinion, and we won't be able to dampen all the negative opinions and their distrust of cryptocurrencies.
We don't know their reasons, whether the cons person really had a bad failure in the crypto world or maybe they were just looking for attention.
Apart from that, I personally think we should respond to something by studying it as a whole and then commenting on the results we get.
I think people who have a negative assessment haven't really fully seen and studied cryptocurrency as a whole.
It's simple in my opinion, don't bother with other people's negative opinions. Because we do what we believe in and what we understand.
People who jump in and learn fully must know better and what risks we face in the world of cryptocurrency.

[isaac_clarke22]

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Can't blame them since they were not knowledgeable enough in crypto. They think it is just like Stock Market v2.0. I got tired of hearing some pretty rough stuffs about crypto from my ex-colleagues, until it came to the point that I do not brought that up anymore in any conversations since it ain't worth it.
The same goes for people that just read the first line of headline in the news without even reading the whole article and dang I might be a little bit off topic, but it kind of reminds me when people just bashed Netflix when the headlines just stated that it will get ads until they read the whole article.

Anyways, sometimes people are not worth talking to especially with crypto stuffs.

[CryptopreneurBrainboss]

Don't let anyone convince you out of continuing to invest in cryptocurrencies. At the end of a bear market, there will always be a better day. Keep your bitcoin investments safe. Together we can weather this bearish market

Actually cryptocurency entirely is full of scam. 99% of the coins in existence will seized to exists in years to come which means they'll lead you to losing money because new ones with better marketing will be launched and all attentions will be shifted towards them. Understand that people don't just come out and call Bitcoin a scam (we have gone passed that stages as Bitcoin has proven to be a reliable investment) instead they call the industry a scam and they aren't far from the truth because we have thousands of scam ongoing in the industry and we're only just hearing about the ones been reported.

Projects that aren't needed are been launched and people's are blindly buying into this ideas that can't be achieved or not necessary. Scam artist are using this opportunity to defrauded many gullible victims and it's becoming alarming. I think the only misconception here is people thinking cryptocurency are Bitcoin and using both words in place of the other. We should learn to differentiate between both words and also stay out of altcoins investment for now, they aren't Bitcoin and can't be trusted especially in bear Market.

[Getmon]

When I first got into cryptocurrencies, mainly bitcoin. I get partly annoyed when I heard that cryptocurrencies in general are scams. Particularly when the comments came from professionals, investors, and financially old-fashioned knowledgeable people. Since it will undoubtedly take some time, I do not have to waste my time and energy arguing with them. When it came from uneducated people, I ignore it but occasionally I make an effort to explain the true value of cryptocurrencies. 

At that time, bitcoin had only been around for five years and was having challenges with its adoption. It has now been demonstrated and recognized that cryptocurrencies have worth, despite the fact that more of them are simply scams.

[libert19]

People should disown cash too, since most scams happen there.