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Author Topic: Making informed decisions is our responsibility  (Read 382 times)
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February 05, 2024, 08:04:50 AM
 #21

Not totally it is our responsibility but rather be their own.
Though we wanted no one will fall into scam projects or be involved in such activities but sad to say that we can't make decisions on behalf of others. Too hard to influence someone if they also have different views and investment opinions.

Scams are not new to all of us but have to wonder why many still become a victims. It means that there is nothing wrong with the information but it is an internal problem.



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February 05, 2024, 09:34:24 AM
 #22

Things are changing on a daily basis, so we need to be updated on a regular basis so that we don't become old fashioned. Like the saying goes knowledge is continuous and we have to keep up. Relying on past knowledge is definitely going to be harmful to us and it will limit our growth.
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February 05, 2024, 09:52:04 AM
 #23

It Is important and for our own good that we dopt a culture of continuous learning and upgrading our selves, by staying informed we would not only protect ourselves, but also increase our chances of success,

We need information because it's the key to knowledge and power, when we are aware about something, we will do as according to how such will help be of a benefit unto us than we see if we are clueless about them, we have to see more information from time to time, this is not a way time request we do, we are expected to always remain being updated because things we knew before could have changed over time.
This is not just in crypto, but even in other aspects of our lives. We need not to stop learning but continue to acquire necessary news and information that will keep us updated, and that will safeguard us from the new trends of scammers. It is our responsibility to keep up with the right information and filter those that are fake and wrong information, not only for our individual’s success but as well as to the welfare of this forum that it may continue to serve the members with legit and reliable sources of information.

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February 05, 2024, 10:03:09 AM
 #24

Not totally it is our responsibility but rather be their own.
Though we wanted no one will fall into scam projects or be involved in such activities but sad to say that we can't make decisions on behalf of others. Too hard to influence someone if they also have different views and investment opinions.

Scams are not new to all of us but have to wonder why many still become a victims. It means that there is nothing wrong with the information but it is an internal problem.
Yes, it is our responsibility to learn about the things that interest us. They say knowledge is power, and if we don't continue to learn and actively seek out information, we will fall behind. When it comes to making decisions for others, it's not a good idea because it only creates dependency. It's better to let people gather their own knowledge and make their own decisions for their own benefit. We should not be spoon-feeding anyone.

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February 05, 2024, 12:49:06 PM
 #25

Not totally it is our responsibility but rather be their own.
Though we wanted no one will fall into scam projects or be involved in such activities but sad to say that we can't make decisions on behalf of others. Too hard to influence someone if they also have different views and investment opinions.

Scams are not new to all of us but have to wonder why many still become a victims. It means that there is nothing wrong with the information but it is an internal problem.
Yes, it is our responsibility to learn about the things that interest us. They say knowledge is power, and if we don't continue to learn and actively seek out information, we will fall behind. When it comes to making decisions for others, it's not a good idea because it only creates dependency. It's better to let people gather their own knowledge and make their own decisions for their own benefit. We should not be spoon-feeding anyone.
That is why if we are looking for information, we have to be very careful and not be easily tempted by attractive offers. We must compare the data from one site to another to know more. Besides that, we also know which one we should choose to avoid cases of scams.

We can only advise people who want information to be more careful. That's because, today, many scams are carried out by irresponsible people. That's why they can make comparisons if they can get more information.

After all, if someone wanted to find the information they wanted, they needed to look for it themselves and not rely on others. They can find a lot of information they need, especially if they are familiar with the internet. By searching, their knowledge will increase and that will help them to find what they are looking for.

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February 05, 2024, 01:03:47 PM
 #26

One thign I am sure that we cannot neglect as crypto enthusiast is the our need to continually be informed and make good decisions, to be a part of a fast growing and information based space like ours(crypto space) does come with a responsibility that all of us must bear for ourselves and that is to seek knowledge.
The cryptoindustry is rapidly developing and changing, therefore, there is no other way out but to promptly “update your personal information database”. Otherwise, you may fall behind the crypto-train.

As members of this community, relying on our past information would be very shortsighted of us especially when
Scammers are continually looking for new ways to compromise our security and get to us, sudden news can happen that can throw traders off balance or even make us holders to miss out on opportunities to buy cause we were ill informed. Just one wrong move, like clicking on a malicious link or ignoring critical news, can have very negative consequences. Also, the right information can lead to significant gains or safeguard your holdings.
In the modern information world, information is the key to wealth. Anyone who can use it correctly will benefit. This rule also applies in the opposite direction.

To avoid the (negative consequences of) clicking on incorrect links, you should practice information hygiene (don’t click everything) and separate devices for entertainment and for working with finances.

It Is important and for our own good that we dopt a culture of continuous learning and upgrading our selves, by staying informed we would not only protect ourselves, but also increase our chances of success, there are countless reasons why making informed decision is good, but action on this solely is our responsibility and only we can make those decisions for ourselves, yes indeed the community is here to help you, but at times before you know it your already and victim. knowledge is power, and it's up to us to harness it for our benefit.
Truly so.

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February 05, 2024, 01:10:37 PM
 #27

Cryptos shouldn't be like that. Because it means, people oustide of new technologies shouldn't use cryptos. And they will always stay reserved to a few part of the humanity unlike most progress. This is not acceptable, because it's not the goal of Bitcoin and cryptocurrencies. So we should find solutions to allow anybody to use cryptocurrencies without fear, if they need to. Technology must adapt to humans and not the other way around.

I think we've gotten to a level where humans need to adapt to technology. I don't know if there was a time when technology adapted to humans but I do know that now, humans should adapt to technology.
If you don't adapt, then you'll be left behind

Not only in crypto but in anything, people need to make informed decisions. That's how everything is, so why should crypto be different? If you don't make informed decisions in your business you lose, and so is in your career and education too.

I agree with what @stalker said, you don't need to be a genius or have all the knowledge in the world about crypto, but you have to be able to think critically. When you're able to think critically you'll be able to know what is a scam or what's legit. Thinking critically is what would help us make informed decisions.

R


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February 05, 2024, 01:20:09 PM
 #28

As Bitcoin and the market grow, there are more and more scammers, unethical and irresponsible people. Personally, I will not trust any opinion or anyone online but will read, learn, and feel in a way that my responsibility allows me to trust. The money is yours, the investment decision is yours, you should not become a puppet or a puppet for yourself. All suggestions are displayed, but it's up to each person to decide. Some people find it difficult to refuse invitations from famous people to participate. It is unlikely that they will keep the final decision as their own. It is a risk that many people should consider. . Sure, keep the decision with your responsibility. Whether it's right or wrong is still your choice.

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February 05, 2024, 03:52:49 PM
 #29

Not totally it is our responsibility but rather be their own.
Though we wanted no one will fall into scam projects or be involved in such activities but sad to say that we can't make decisions on behalf of others. Too hard to influence someone if they also have different views and investment opinions.

Scams are not new to all of us but have to wonder why many still become a victims. It means that there is nothing wrong with the information but it is an internal problem.
He probably refer to us, individually. It is really our responsibility to be updated with things given that the market itself is volatile in nature. Things are changing easily and that's how demand is highly affected by many factors. News play a huge role with every changes on the price of Bitcoin and other cryptos. Buy the rumor and sell the news as most of us are saying. Actually, I was a believer of things will always repeat itself however as we are seeing changes over years with what we so called "patterns", no consistency is there and that is an enoigh reason for us to be mindful of everything that is related to it. We invested to gain profit and it is our sole responsibility to be in full watch of anything that could affect the market in general. Decisions on the other hand should always have a substance or reason and not solely due to our emotions.

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February 05, 2024, 04:28:55 PM
 #30

Just one wrong move, like clicking on a malicious link or ignoring critical news, can have very negative consequences.
I like the way you saliently identified that clicking on links erroneously could jeopardize our wallet safety. Consequently, scammers will continue to get people through that means because of greed. How do we justify someone clicking on a link where they've been promised to claim something they never applied for or bought? Even if it's an airdrop, at least the claimer applied for it in the first place or used a service affiliated to the project distributing the airdrop. Greed is a killer. If anyone can steer clear of it in this space it would be difficult for them to get hacked or scammed.

Quote
Also, the right information can lead to significant gains or safeguard your holdings.
...it can also lead to losses. We shouldn't forget that. Everything about right information isn't right all the time, paradoxically writing. At one time, I was an early investor with a project whose developer meant well for the project and the community he had. Sadly, things didn't go the way he had planned. The token later flopped after several months of the dev trying to steady it. That was the end of it. Many people accused the dev of abandoning the project but that was never his intention. The same thing goes with many other projects. Those who got information (good one at that) of how good and great that project was going to be must've lost out too on their investment.

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February 05, 2024, 04:52:06 PM
 #31

Knowledge truly is power, and in the ever-evolving world of crypto, staying informed is more crucial than ever. But simply consuming information isn't enough. It's about seeking the right knowledge, the insightful gems that illuminate your path, not just filling your head with any shiny object.

Sure, a flickering candle helps, but a powerful headlamp reveals the hidden dangers and treasures alike. Discerning the right information is your headlamp, guiding you through the complexities of the crypto landscape.

Reading habits of successful individuals paint a clear picture. They devour books, articles, and engage in meaningful conversations, constantly expanding their knowledge base and perspectives. It's not just about accumulating facts, but about developing critical thinking skills to analyze, question, and form informed opinions.

SUGAR
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February 05, 2024, 05:48:45 PM
 #32

It Is important and for our own good that we dopt a culture of continuous learning and upgrading our selves, by staying informed we would not only protect ourselves, but also increase our chances of success, there are countless reasons why making informed decision is good, but action on this solely is our responsibility and only we can make those decisions for ourselves, yes indeed the community is here to help you, but at times before you know it your already and victim. knowledge is power, and it's up to us to harness it for our benefit.

Upgrading our knowledge is not just important in the crypto space but in all endeavours of life. The world is ever dynamic this is why it is important to follow the trend if you want to be up to date. Overtime some trusted wallets are becoming unreliable, exchanges are changing policies and scammers or hackers are coming up with new strategies. So there is a need to keep studying to avoid making mistakes due to ignorance. Being a member of this forum is a big advantage because it has current information. Information in this forum are always updated with current ones, so all we need to do is to keep researching and reading.

R


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February 05, 2024, 09:18:35 PM
 #33

Knowledge truly is power, and in the ever-evolving world of crypto, staying informed is more crucial than ever. But simply consuming information isn't enough. It's about seeking the right knowledge, the insightful gems that illuminate your path, not just filling your head with any shiny object.

Information is already there and so many scam stories we heard but many people still get scams. It is a question of why it is still an existing problem despite that we already know the usual trick of these scammers and it only appears in my mind that advice is useless if nobody is listening. Scams will continue to spread because people are still believing these colorful words and tempting rewards even though it is very clear that was a big lie and scam.

That is why I hate those people who say crypto is a scam and blame which in fact, they are the problem. Because if they only know how to listen and follow advice, they won't fall into scams for sure.

 

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February 05, 2024, 09:46:48 PM
 #34

One thign I am sure that we cannot neglect as crypto enthusiast is the our need to continually be informed and make good decisions, to be a part of a fast growing and information based space like ours(crypto space) does come with a responsibility that all of us must bear for ourselves and that is to seek knowledge.

As members of this community, relying on our past information would be very shortsighted of us especially when
Scammers are continually looking for new ways to compromise our security and get to us, sudden news can happen that can throw traders off balance or even make us holders to miss out on opportunities to buy cause we were ill informed. Just one wrong move, like clicking on a malicious link or ignoring critical news, can have very negative consequences. Also, the right information can lead to significant gains or safeguard your holdings.

It Is important and for our own good that we dopt a culture of continuous learning and upgrading our selves, by staying informed we would not only protect ourselves, but also increase our chances of success, there are countless reasons why making informed decision is good, but action on this solely is our responsibility and only we can make those decisions for ourselves, yes indeed the community is here to help you, but at times before you know it your already and victim. knowledge is power, and it's up to us to harness it for our benefit.
   Knowledge plays a crucial role in our lives as it helps us make informed decisions, solve problems, and understand the world around us. It can also help us develop new skills and pursue our interests and passions. Without knowledge, we would be unable to navigate the complexities of modern society and would be unable to make informed decisions about our lives.
   It is difficult to imagine living without knowledge, as it is such an integral part of our daily lives. However, it is possible to survive without a lot of knowledge, especially if you are able to rely on others to provide the necessary information and guidance. But living without knowledge can also lead to a limited and potentially unhappy life, as it can prevent us from fully understanding and engaging with the world around us.
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February 05, 2024, 11:00:18 PM
 #35

As Bitcoin and the market grow, there are more and more scammers, unethical and irresponsible people. Personally, I will not trust any opinion or anyone online but will read, learn, and feel in a way that my responsibility allows me to trust. The money is yours, the investment decision is yours, you should not become a puppet or a puppet for yourself. All suggestions are displayed, but it's up to each person to decide. Some people find it difficult to refuse invitations from famous people to participate. It is unlikely that they will keep the final decision as their own. It is a risk that many people should consider. . Sure, keep the decision with your responsibility. Whether it's right or wrong is still your choice.
I really agree with what you say, for now it would be better for us to decide for ourselves what we are going to do and we don't have to follow what other people do and learning for ourselves what we want to do would certainly be better, because we will can know the advantages and disadvantages of what we have learned.

Those who accept people's invitations to participate without studying first will find it very difficult to survive because they will suffer losses from what they do so they leave and don't study again.
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February 17, 2024, 08:00:16 AM
 #36

Making informed decisions would even be more important now with more news of the bull run emerging, and we know that a lot of persons are interested in bitcoin even scammers and those who want to use this opportunity to give stupid speculations to decive the public, everyone should make quality decision regarding to the kind of links they click, the kind of persons that take advice from and all that and most of all our security is our full responsibility and if we lose our bitcoin we are to blame and noone else. Let's priotise making informed decisions, cause it the only thing that can safe us in this fast growing space.

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February 17, 2024, 09:14:34 AM
 #37

Yea, but the problem is that most people are too busy watching movies and series on the Internet or stuck in their phones with social media... to care about proper research on topics like crypto currencies.

You can only make informed decisions, if you do proper research on a specific subject... and to do that takes time.... lots of it. I made loads of mistakes when I started out with Bitcoin, but I experimented and I read a lot about it, now I feel confident that I can spot scams and also secure most of my stash.  Wink

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..PLAY NOW..
lizarder
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February 17, 2024, 01:51:27 PM
 #38

It Is important and for our own good that we dopt a culture of continuous learning and upgrading our selves, by staying informed we would not only protect ourselves, but also increase our chances of success, there are countless reasons why making informed decision is good, but action on this solely is our responsibility and only we can make those decisions for ourselves, yes indeed the community is here to help you, but at times before you know it your already and victim. knowledge is power, and it's up to us to harness it for our benefit.
Every decision we take is based on careful consideration and basically we know why the decision was taken even though there are risks involved. Likewise, people are starting to invest in crypto, especially bitcoin because people believe that currently the best opportunity we have is only involved in investing in bitcoin. Many victims have been trapped by investments, but what they regret is that they did not make an analysis when they wanted to be seen in it, so the decisions were taken based on large returns and without realizing they had been trapped in fraudulent investments.

The bitcointalk community has given me knowledge and if we want to get involved in investing we don't need third party help because we can actually do it ourselves. Likewise, vice versa with trading and people don't need to place money with other people because if they want to learn then trading can be done independently. There are many conveniences that can be done independently as long as we want to learn, the question is why should we trust other people too much if we can do it ourselves.

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February 17, 2024, 03:15:18 PM
 #39

With level of exposure in our age and stories of what had happen in the past and still happening, I think anyone that is scammed in this present era has some form of greed for money . Imagine buying a crypto that worth just a dollar at 5cent even when you can see it everywhere that , this is 1dollar worth.
If a person sees an offer of crypto whose worth is up to 100 dollars and the buyer wants to pay 500 dollar without using exchange p2p platform, such a seller is also greed.

A person who sees a link leading a claim of money not worked for is also greed.

Falling for scammers begins from greed covetousness
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February 17, 2024, 03:55:57 PM
Merited by Yamifoud (1)
 #40

With level of exposure in our age and stories of what had happen in the past and still happening, I think anyone that is scammed in this present era has some form of greed for money . Imagine buying a crypto that worth just a dollar at 5cent even when you can see it everywhere that , this is 1dollar worth.
If a person sees an offer of crypto whose worth is up to 100 dollars and the buyer wants to pay 500 dollar without using exchange p2p platform, such a seller is also greed.
They are not greedy but less fortunate because how these people believe in something unreal. It was hard to buy promises that were impossible to happen, I should have declined it. But what mostly happens is that the majority had thing impossible offers become possible, they remain uninformed despite the fact that many people already describe what a scam looks like.

Quote
A person who sees a link leading a claim of money not worked for is also greed.

Falling for scammers begins from greed covetousness
A very common thing happens is we experience of getting scams first before we realize that we are a fool in believing their sweet promises.
We just suffer losses first before we know how to research.

R


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