Every man you failed to lecture about Bitcoin can be a victim to scam

[CryptoBuds]

Dont Blame yourself from someone's Stupidity  mate, it is not your obligation to tell or teach
 anyone about bitcoin or anything in life because this is our prerogatives so never to look at what happened to be your mistake ,
He must learn it himself like many of us did and also sometimes we need to have wronged first before learning the better way ,
cryptocurrency is a huge market and yes this is also a big responsibility as we are dealing with our own money.you have done
 right to tell him learn about bitcoin in internet and the problem with Him is he did not asked you again for follow up, because
 if he really feels that you can help him out then he must ask you again for at least better site to learn or before he invested right?

I agree with you, if it were me I wouldn't teach that guy even if he asked me. Furthermore, the OP is also wrong in this case because the OP also told the other person to learn and self-study bitcoin online. But that guy didn't work hard to improve his knowledge and rushed into investing with a group of strangers and then had to pay the price. That's a lesson for his greed, so OP doesn't have to blame himself or feel sorry for him. People should be responsible for themselves rather than relying on others. Everyone will have to make mistakes when they are new and that is one of the many lessons the market will teach that guy.

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[michellee]

If we can help him find the right answers to the questions he asks us about Bitcoin, we need to help him so he doesn't get the wrong answers. We also help him avoid investment programs that could cause him to be deceived and lose a lot of money.

That's why everyone who wants to invest in Bitcoin should be able to find answers to their questions. They should have friends who can give the correct answers so they can avoid this fraud.

Unfortunately, many beginners are fooled by these investment programs just because they want to get big profits in a short time. They don't want to take the time to look for valid information. Instead, they join WhatsApp or even Telegram groups that they find on social media. That was the beginning of their experience with scams, and they only realized it after the money was gone.

[Frankolala]

I can see that you feel the guilt in you for not putting him through when he came to you because he believes that you can guide him on the right track. This should make you be open to teach people that comes to you to have bitcoin knowledge to avoid this same thing from happening again.

On the other hand, you still don't know what was this victim mindset towards bitcoin. Nobody knows how he got scammed in that Watsapp group. Did you ask him how it happened, are you sure that it wasn't based on his greed and he made the wrong decision. Although he doesn't understand anything on bitcoin so he will be vulnerable to scammers especially when he is too anxious investing. We should always help people who come to us to learn the basic knowledge of bitcoin because they have that trust in you that you are the right person to teach them

[Gaza13]

The way you convey it is actually not concrete enough to convey your knowledge to your colleagues who are not too close, Your colleague still has minimal knowledge about Bitcoin, Maybe your friends or colleagues have searched for themselves on the internet (online) and many of the videos watched by your colleagues like affiliates that show Bitcoin which is tempting to get instant and fast money. There is no need for pity or regret, because it happened or has already happened Your colleague has lost quite a lot of money. Maybe in the future, if an incident like the one above occurs, it would be good if you told as much as possible about the Bitcoin that you have mastered so far, so that there are no more victims like those above.

[Oasisman]

No matter how much you tell others to do their research about Bitcoin some are not very good at it, call it illiteracy or other but it is what it is, should we start turning those who are not so good with finding answers away? Is that a right thing to do? I don't even know why I am feeling bad for this person, I could have saved him though.

Nah, I don't call it illiteracy, it's laziness. There has been a lot of people nowadays who just want to put their money directly into something that has become a trending over the internet without conducting any DYOR or due diligence. These people are the ones who works hard with their day jobs and crossed their fingers into trending investments hoping to get passive income that could potentially make them rich.
Don't feel bad for the people like these. As long as you tell them not to trust random people over the internet without having any knowledge through self studies and research.
These are the reason why there are still a lot of people who are susceptible to scamming.

[blckhawk]

Don't put that burden on me my guy, if I fail to tell them the stuff they need to learn is not because I failed to teach them but because they've ignored me and my "lecture" and most of the time, I don't think that I am not giving them an information overload anyway so I don't understand how I can be too boring and worth ignoring, most of the time I tell the basics of bitcoin and how it works and then tell them the negative parts of it and then I tell them to explore it themselves. Now if they don't ask for my advice when they're exploring on their own, that's not on me because that says that they are better than me already.

[laurenB7742]

If we can help him find the right answers to the questions he asks us about Bitcoin, we need to help him so he doesn't get the wrong answers. We also help him avoid investment programs that could cause him to be deceived and lose a lot of money.

That's why everyone who wants to invest in Bitcoin should be able to find answers to their questions. They should have friends who can give the correct answers so they can avoid this fraud.


Unfortunately, many beginners are fooled by these investment programs just because they want to get big profits in a short time. They don't want to take the time to look for valid information. Instead, they join WhatsApp or even Telegram groups that they find on social media. That was the beginning of their experience with scams, and they only realized it after the money was gone.

If we have the opportunity to help someone, we should not refuse if they are really serious about learning to invest in bitcoin. But in OP's case, we shouldn't blame him for not being able to teach his friend about bitcoin. Sometimes we are busy or don't have enough time to teach someone in time when they ask us about bitcoin. Furthermore, the fault here mostly belongs to OP's friend because he could have learned everything himself if OP refused, but I guess he was too hasty and invested with a get-rich-quick mindset.

Having a trustworthy friend accompany you on your investment journey is a good thing, but if you have to go alone it is not impossible, it all depends on us, don't rely too much on anyone.

[Synchronice]

I am thinking that leaving behind and not teaching people can make them a prey to scammers, if I have just thought him the right things about Bitcoin he might have not get scammed.

To be honest, the title of your thread really annoys me. It's not my, nor your duty to waste your time to educate others when you get nothing in return. Don't get me wrong, you do good job if you do so but everyone is born with brain and the function of brain in humanity is to train it, become better, have an ability to analyze, to find a difference between reality and illusion, to find a difference between good and evil.
If I did my own research and didn't invest in any scam that I faced, that means that others can repeat my path too, it's not a football or a rocket science. Even if you educate those people, if they are not careful, overall, they will end up either getting scammed in another way or they'll use a centralized wallet service like blockchain.com or use Electrum/Sparrow but get their device infected or will not be able to safely save keys and so on.

No matter how much you tell others to do their research about Bitcoin some are not very good at it, call it illiteracy or other but it is what it is, should we start turning those who are not so good with finding answers away? Is that a right thing to do? I don't even know why I am feeling bad for this person, I could have saved him though.

Everyone should shake their heads. It's okay to ask questions but it's not okay for me to do someone else's job, right? So, don't reward yourself with unnecessary responsibilities because in the end, no one will appreciate it, they'll only yell at you when they face problems from any of your advice.

[kotajikikox]

I can feel you mate , I have a Highschool classmate that also once asked me about how and why I am to crypto but instead of answering and focusing , I just denied the question and Give Him no answers not knowing that those time he is interested in investing in Bitcoin .
pass forward after years we have conducted a HS reunion that we come to meet each other and upon drinking in table , we tackled about His crypto Journey and learn that he was a scammed victim and from their i have same feeling with you.
so why now that each person come to me about bitcoin? then I surely answering them and bringing them advises .

[dezoel]

Though it's natural to feel bad in this situation, I think you shouldn't beat yourself up for that. The thing is, there is nothing wrong in teaching someone about the dos and don'ts of Bitcoin or cryptocurrencies if they approach you themselves because when someone does that, it means that they at least have some interest in the topic and that's why they are asking and in that situation, we shouldn't back off and give them whatever knowledge we have as that's the least we can do for them.

However, I don't recommend approaching people who are not interested in Bitcoin or cryptocurrencies and trying to teach them about it and forcefully make them invest money in them because in that case, if they do make investments and eventually lose money, you will be the one who is responsible for that.

[Fiatless]

Whenever someone come asking me about Bitcoin I sometimes look at them as another victim to scammer, at least before they learn, and that's even if they choose to stay after they get scammed, such category of people only know how to quit, I think this way because people only what to hear the good side of investment and not the bad and risky side.

Most people see the crypto space as a get-rich-quick industry because they want to double what they have invested in a few days. Immediately you tell them the truth, they will see it as a waste of time. However, it is our responsibility to give people balanced information about the sector and let them make the decision to invest or not.

No matter how much you tell others to do their research about Bitcoin some are not very good at it, call it illiteracy or other but it is what it is, should we start turning those who are not so good with finding answers away? Is that a right thing to do? I don't even know why I am feeling bad for this person, I could have saved him though.

It is not compulsory to tell someone about the Bitcoin ecosystem, but I will blame you for not giving the person at least some basic information about Bitcoin. He came to you and you have the responsibility to help him. It is possible that he does not understand the sector and needs further clarification. I will never persuade anybody to buy Bitcoin but any interested person will get an interesting lecture from me about the sector. Bitcoin awareness is the pathway of adoption so any opportunity to speak to someone about the currency is not a bad idea.      

the issue is that some people dont want mentors. they dont want to learn. they just want a fast track acknowledgement

Mentorship is one of the easiest ways to learn but how would one know a good mentor? Most people in the Bitcoin ecosystem always want to maintain privacy so they don't like having mentees. The problem with mentorship in my area is that most people you trust end up becoming the biggest scammers.  

[angrybirdy]

Though it's natural to feel bad in this situation, I think you shouldn't beat yourself up for that. The thing is, there is nothing wrong in teaching someone about the dos and don'ts of Bitcoin or cryptocurrencies if they approach you themselves because when someone does that, it means that they at least have some interest in the topic and that's why they are asking and in that situation, we shouldn't back off and give them whatever knowledge we have as that's the least we can do for them.

However, I don't recommend approaching people who are not interested in Bitcoin or cryptocurrencies and trying to teach them about it and forcefully make them invest money in them because in that case, if they do make investments and eventually lose money, you will be the one who is responsible for that.

Exactly! That's why it's quite difficult to teach or spoon feed others particulary those who aren't interested in this matter  because once they encounter a problem about their investments, there is a possibility that in the end they will blame you for what may happen. Better to give them an introduction and basic background about crypto and bitcon and let them do the other task for theirself, Im not saying that you have to be mean to them but they need to learn on their own.

[purinZ14]

This is unfortunate but you are not responsible of everyone you meet or know

Their decisions are what led them to this you could’ve prevented this, yes but even if you taught them properly how sure are you that they won’t fall victim to any other scams out there? or make bad decisions regarding investment? Cryptocurrency is far from a secret and there’s lots of articles/youtube videos/podcasts that explain crypto, trading, and investing for beginners

Anyone could’ve done their research I do get the guilt this comes with though but there’s really nothing you can do anymore

[Assface16678]

I can feel you mate , I have a Highschool classmate that also once asked me about how and why I am to crypto but instead of answering and focusing , I just denied the question and Give Him no answers not knowing that those time he is interested in investing in Bitcoin .
pass forward after years we have conducted a HS reunion that we come to meet each other and upon drinking in table , we tackled about His crypto Journey and learn that he was a scammed victim and from their i have same feeling with you.
so why now that each person come to me about bitcoin? then I surely answering them and bringing them advises .

I agree with the "advise" part, because first of all, you and the OP don't have the responsibility to teach others. Why? In this day and age, all things are accessible. There is an internet they can use to search for materials or things they need to know. Yes,  you could guide them or give them some advice and tips, but it will never be your responsibility to teach them what they will do in the crypto world. We all need to learn by ourselves because we need to stand on our own two feet, especially in bitcoin or crypto. We cannot rely on anyone in this field.


I get your point and the OP's point, but that is the summary of this: you are not responsible for teaching the beginners; be a guide and advisor only. No matter what happens to them, good or bad, it's their own doing, not yours. I'm not being selfish or anything; I'm just being a good advisor and doing my thing as a guide.

[Negotiation]

These situations are really bad but your own interest and research to learn about bitcoin and crypto is more useful. If you have your own learning needs it becomes effective if you take a little advice from others. It is not possible to force someone to teach something so it is better to explain as much as you want to know. If you use your own knowledge and know something new about bitcoin and the market you won't regret investing and the risk is low. Cryptocurrencies are highly valued all over the world as they are exchanged online it is easy to find various information on the internet.

[lombok]

I understand your feelings, your intention is good so that your friends are independent in finding information and if there is a loss on your Bitcoin investment it is also indirectly unrelated.

I don't want to judge or make any sentiments, this is based on my experience too. I will give 2 attitudes to 2 people. The first attitude is to inform and guide him intensely because Bitcoin and crypto investments are very sensitive and prone to scams. The second attitude is to let him find out for himself, this applies to friends who know Bitcoin not from me but through social interactions or other people besides me, when he doesn't discuss or ask me anything, I will remain silent without intervening, unless he discusses crypto or mining, or investment with indications of a scam.

Maybe my second attitude is unethical.

Sometimes there is a big ego when it comes to this, maybe we as members of the Bitcointalk forum should be aware and start playing a role in the real world in educating, giving direction, explaining Crypto, especially Bitcoin, to the environment. In cyberspace we have forums and exchange ideas, sometimes there is education and guidance, in the real world we are also free to do this to anyone.

I feel bad about what happened to your friend.

[Kelvinid]

We fail to lecture them and correct their wrongdoings because they don't care about us as well and they don't weigh much on the piece of advice that is shared with them. Therefore, it was not our fault but theirs, and we don't give pity to such people who never understand our intention and never appreciate our help with them. They will just realize it when they suffer losses at the hands of these scammers.

Well, it is a very usual thing to happen - a person will just realize their mistakes and recall the past when mistakes are done already.

[kryptqnick]

People don't normally ask me about Bitcoin, but I'll keep the risk of getting scammed in mind because I do agree that if a person is showing interest, we should warn that person about phishing websites, exit scams, fake giveaways, as well as about the importance of not losing access to one's wallet.
I'm sorry someone the op knows fell victim to a scam, and while it's not op's fault, it's a good lesson for the future. It's not hard to warn about the risks, and it can help reduce the number of scam victims, so I think it would be a nice rule to follow.

[Rabata]

We can get to know about the cases of being a victim of scams which is reported, but there are many cases that remain hidden from us. A person who new to Bitcoin can naturally make some mistakes. But these mistakes can be avoided if he tries to acquire some basic knowledge about Bitcoin. We find that people with personalities who think they know a lot after knowing a little are more likely to fall into this trap. As such it is their fault but those of us who try to give an idea about Bitcoin should also be aware. They should be given an idea in advance of where they might go wrong and what mistakes they are likely to make.

[RockBell]

Though it's natural to feel bad in this situation, I think you shouldn't beat yourself up for that. The thing is, there is nothing wrong in teaching someone about the dos and don'ts of Bitcoin or cryptocurrencies if they approach you themselves because when someone does that, it means that they at least have some interest in the topic and that's why they are asking and in that situation, we shouldn't back off and give them whatever knowledge we have as that's the least we can do for them.

However, I don't recommend approaching people who are not interested in Bitcoin or cryptocurrencies and trying to teach them about it and forcefully make them invest money in them because in that case, if they do make investments and eventually lose money, you will be the one who is responsible for that.

Yeah it is natural to feel bad if things don't go your way, and if bitcoin is the course then that should be the reason you should not give up and the problem is when some people are introducing bitcoin they don't give full information of chances of losing your money they only give info on the profit. Forgetting that aside the nature of bitcoin their are scams all over. If the person asking questions about bitcoin if his a serious type then their is no need to keep such information from such person, their a lot of people who want to just do try and error and people with does mind set are not serious and even when they start investing in bitcoin at the end of the day they will end up selling.

Exactly! That's why it's quite difficult to teach or spoon feed others particulary those who aren't interested in this matter  because once they encounter a problem about their investments, there is a possibility that in the end they will blame you for what may happen. Better to give them an introduction and basic background about crypto and bitcon and let them do the other task for theirself, Im not saying that you have to be mean to them but they need to learn on their own.

I think you should spoon feed because bitcoin is more complicated that it looks and learning is not a thing  of rush the learner should take enough time in gaining knowledge, do more research even watch videos getting different idea on one subject will help in time of understanding. Since the person is just learning everything should be taking gradually.

That is true once they start encountering challenges they will blame you and will start asking annoying questions when things go wrong, understand the persons personality before you introduce them to aviod long stories. After telling them about the basics then be plain of how possible it is for them to loose their money.