Sharing of knowledge is one important behavioural pattern we must not neglect, many neglect the Sharing of information without knowing information is power. Before Sharing information there are some important thing we must consider, among all I having detailed idea of what the activity is all about.
Bitcoin is an important but dangerous investment scheme that has the power to uplift and also destroy once life but can only be disastrous when some important information about bitcoin are not known before investing on it which is; the working process of bitcoin, how to secure our asset, the best investment option. Among all the most important is how to provide adequate protection to our assets, once this is done i believe its save going into investment.
I completely agree with this.
Many people read or hear somewhere that bitcoin has increased in value by 2 or 5 times in a short period of time and suddenly become interested in investing in bitcoin, because they see it as a simple and quick way to solve their financial problems.
Then they usually turn to people they know who invest in bitcoin, often friends, they are impatient and do not want to hear about the possible risks of investing or about the way bitcoin or crypto works, they just want to invest and earn.
To beginners, everything seems easy and simple, you invest money in bitcoin, you wait and after a while you withdraw bitcoin with a big profit.
Of course, more experienced users know that things do not work that way and that there are numerous cycles of growth and decline in the value of bitcoin.
That is why I gave up explaining or recommending bitcoin to friends.
They simply only hear what they want to hear, but many of them are not ready to research, learn, make an investment plan, check the risks, make a clear exit strategy, etc.
Of course, we are to blame for all the problems and losses, as we recommended bitcoin to them.
That's why it's best to simply point people to specific youtube videos and sites and let them do their own research and make decisions, and take responsibility for their own decisions.
Friendship will also suffer less.