Why are people not learning but asking people to help them invest in bitcoin

[Marykeller]

But why are people like this? Instead of making research and invest in bitcoin, they did not. This will not be the last. If federal government did not do the investigation, nothing would have been known.

Funny as it may seem, this will not be the last, there are many Ponzi scams to be seen and heard of, that will make away with people's money. In the next month or a few months, some of the people who got scammed will forget about how they are being duped and will be ready to invest in any Ponzi scheme that will promise them an ROI in a short while.

This has been happening for long time, that's why ponzi scheme keeps recurring each time because there is a majority of people who are greedy and want to be rich in a quick way.

[macson]

But why are people like this? Instead of making research and invest in bitcoin, they did not. This will not be the last. If federal government did not do the investigation, nothing would have been known.

This is because they want quick profits. Most people see investing in Bitcoin as less promising than they think, so when an investment with high returns is offered, they immediately rush to invest as much of their money as possible to make more money. This is especially true when it's a newer Ponzi scheme, which is harder for the average person to detect. Therefore, it's crucial to think carefully before deciding to invest in a platform. Or, better yet, only invest in Bitcoin that has proven to be reliable.

[Taskford]

But why are people like this? Instead of making research and invest in bitcoin, they did not. This will not be the last. If federal government did not do the investigation, nothing would have been known.

This is because they want quick profits. Most people see investing in Bitcoin as less promising than they think, so when an investment with high returns is offered, they immediately rush to invest as much of their money as possible to make more money. This is especially true when it's a newer Ponzi scheme, which is harder for the average person to detect. Therefore, it's crucial to think carefully before deciding to invest in a platform. Or, better yet, only invest in Bitcoin that has proven to be reliable.

This is sad reality happening in this space. People usually want a quick profit, but they are lazy to learn on what are they are trying to enter. Some says researching is boring and they are confident that they can learn all of this thru experience they made. That is actually the first mistake they made since usually those guys have that mindset fall on ponzi schemes which still spreading nowadays.

Many got scam by those programs and its unfortunate for people to learn from bad investment choices they made. If they just manage to research the important points maybe they can avoid those scams and invest the best coin which is Bitcoin.

[Daniel91]

Good question OP. I think it's a trend of today's time and generation.
30-40 years ago, if you wanted to research a field, you had to either study, take a course, or borrow books from a library.
Today, people type a search term into Google or, more recently, AI, and get an instant answer, without any effort or time invested.
However, the quality of these answers is questionable, especially on sensitive topics like finance and investments.
Today, people are used to getting everything right away, and they don't have the patience, will, or desire for long research or analysis of a topic.
Instant answers and solutions are also most sought after when a user, who has heard that crypto can make a lot of money, comes across an offer of a safe and proven investment in crypto, with a large profit, of course they will accept such an offer.
Very few people are really ready for a real and detailed research of the crypto market and understanding how everything works, market analysis, planning an investment strategy, etc.

[suzanne5223]

The reason I believe leads to some people not learning and asking someone else to help to invest in Bitcoin is that they want quick money instead of taking the time to learn themselves, which means laziness and wanting instant gratification, so they prefer the easy route due to the time and stress that's involve in learning and reading before understanding the self-custodial holding, avoiding human error, and more. This is why we're still seeing people who are victims of memecoin.

[SquirrelJulietGarden]

The reason I believe leads to some people not learning and asking someone else to help to invest in Bitcoin is that they want quick money instead of taking the time to learn themselves, which means laziness and wanting instant gratification, so they prefer the easy route due to the time and stress that's involve in learning and reading before understanding the self-custodial holding, avoiding human error, and more.

People don't want to learn, invest, and store bitcoin by themselves because they are lazy but perhaps they are not ready to be responsible for their action, and any result of their action. Likely they only want to get profit, and by asking the others to invest for them, they hope for profit while if profit is not possible, they will not accept loss but will ask for money return.

It will be like a very painful money return from them, as if you took the responsibility of investment on behalf of such lazy people, it's hard for you to explain things to them when result is loss, not profit. Especially if you don't explain it to them in details and clear enough at start but only try to explain it later, they will mostly not accept your explanation.

[Queen uloma]

Many only want the end results which is the profit and not the process.

People are so lazy to the extent that they don't even want to learn on what can give them an opportunity as long as they see someone to engage doing it for them, and the moment we fail to know the actual knowledge about something, you become a subject to it because those that know if you put advantage of us either now or later, and it would have caused us more than the benefits we see from it, the intention for coming into cryptocurrency was for everyone to have an idea or sound knowledge about how to use it for their personal financial freedom.

You are very correct, many people are only after the profit and not to know the process. They don’t want to stress themselves to learn something that we improve their life in the future, as long as they see or know someone who will do it for them, they will gladly leave it for the person to do it. Firstly, when you don’t have knowledge about a particular thing you are involved in you will discover that you’re already a victim and people who knows it will take advantage of you because of your illiteracy. Many people think that cryptocurrency are There to make them lazy but it came to give everyone financial freedom through your knowledge and self control.  When you don’t have the knowledge or you don’t know how it works, this means that you will start depending on other people, and it will make you not to enjoy the Necessary things you were supposed too. So, It’s better you learn and save yourself from unnecessary stories later.

[I_Anime]

Christopher Delgado, once the public face of Goliath Ventures — an alleged cryptocurrency Ponzi scheme federal investigators say took in more than $300 million from investors — is speaking publicly for the first time as he faces federal charges.

Former Goliath Ventures CEO speaks out as feds probe alleged $300 million crypto ponzi scheme

It was alledged by the federal government, but it is no more an allegation because Christopher Delgado has said it is true. He was using people's money to pay other people which is exactly what ponzi scheme is.

But why are people like this? Instead of making research and invest in bitcoin, they did not. This will not be the last. If federal government did not do the investigation, nothing would have been known.

Some folks are just too lazy to do their own research, so to avoid the stress of doing their own research they will find those who are well knowledgeable and experienced to help them with their investment . The through is that doing research won’t cause you any harm it will only help build you more , not just your crypto journey you life in general , that’s why we must develop the zeal to always research for more information and knowledge.

[Somegory]

It feels like a burden to them but not the profit that comes with It,  
They are lazy ass people, they don't even do any research on Bitcoin because if they do, they will never find someone to do the keeping for them.

If anything happens to the coin you hold for them you will see the other side of them, this is why I don't help people, in short this isn't helping, it's breeding laziness for other people.

Don't help them, let them help themselves or find someone else to do their deeds for them.

[Felicity_Tide]

At times our perspective of getting into something matters. for example most people get into bitcoin activities with a primary objective of making money and not for once consider acquiring bitcoin knowledge. At this point, this same people will only be interested in investments that will generate profits in the future and can not be involved in learning the working principles of this same bitcoin they intends making profit from in the future except something unexpected happens to them on a long run.

And this is where most people get things wrong.
Aims and objectives are literally two different things that they fail to identify at the beginning.
Ideally, everyone's aim is definitely to make profits, but the objectives, which are the necessary procedures to hit that profit, often doesn't align with what can primarily give such result. People fail to realize that understanding what they're going into is literally a first step/objective. In some cases, they choose to trust the opinion of someone who sounds smarter than them, which often leads to cases of these scams we're talking about.

[Berry2d]

It feels like a burden to them but not the profit that comes with It,  
They are lazy ass people, they don't even do any research on Bitcoin because if they do, they will never find someone to do the keeping for them.

If anything happens to the coin you hold for them you will see the other side of them, this is why I don't help people, in short this isn't helping, it's breeding laziness for other people.

Don't help them, let them help themselves or find someone else to do their deeds for them.

Calling them lazy ass people is not the best name to be given to them because it is not all that are involved in bitcoin that will be ready to spend there time, energy and resources on the resource of bitcoin. 
Most people benefiting from bitcoin are people that get involved in it because of the profit coming from it and not for passion and joy gotten while operating in the bitcoin forum. 
Keeping off from helping them if they need help is not the best as there is know one that can survive without the help of others because survival itself is an interdependant activity that can never be sidelined know matter the person in question.
All I will say is we should just do what we can do and leave the rest for God.

[Cyber_warrior]

And this is where most people get things wrong.
Aims and objectives are literally two different things that they fail to identify at the beginning.
Ideally, everyone's aim is definitely to make profits, but the objectives, which are the necessary procedures to hit that profit, often doesn't align with what can primarily give such result. People fail to realize that understanding what they're going into is literally a first step/objective. In some cases, they choose to trust the opinion of someone who sounds smarter than them, which often leads to cases of these scams we're talking about.

Many new investors doesn’t even care about the procedure towards hitting that profits all they are after is just as soon they start the journey as soon they hit the profits and that not how it goes. The more a new investor chase towards the profits the earlier their journey get complicated.

And one important part many of them fails to get is not making the necessary research and understanding what we are dealing with and at the long run we are putting in our funds which is very risky so understanding what we are on to is absolutely important and it reduces complications.

[HajiBagi]

Christopher Delgado, once the public face of Goliath Ventures — an alleged cryptocurrency Ponzi scheme federal investigators say took in more than $300 million from investors — is speaking publicly for the first time as he faces federal charges.

Former Goliath Ventures CEO speaks out as feds probe alleged $300 million crypto ponzi scheme

It was alledged by the federal government, but it is no more an allegation because Christopher Delgado has said it is true. He was using people's money to pay other people which is exactly what ponzi scheme is.

But why are people like this? Instead of making research and invest in bitcoin, they did not. This will not be the last. If federal government did not do the investigation, nothing would have been known.

If federal government did not do the investigation and Christopher Delgado said that it is not true did you think some people will get their money back at the end when things are not going well? I don’t know why some people are very stubborn and they trust people a lot, when it comes to money or anything about investment we should not joke with it because if anything happens it will be difficult to get the money back, some people will definitely know about bitcoin but they will still prefer to give another person to help them to invest in bitcoin because they think those people have more experience than them.

I will rather do a research and study about bitcoin and invest in it than giving my money to another person to help me and the person who is taking the money is also taking a risk because what if anything happens or the person get scammed at the end what will the people that give him money to invest will do? And from my understanding those people who will give money to another person to invest in bitcoin are all doing it because of profit and ones they hear anything about profit they will want to invest without asking more about it.

[Cookdata]

Some folks are just too lazy to do their own research, so to avoid the stress of doing their own research they will find those who are well knowledgeable and experienced to help them with their investment . The through is that doing research won’t cause you any harm it will only help build you more , not just your crypto journey you life in general , that’s why we must develop the zeal to always research for more information and knowledge.

I will like to add that some people are not lazy, they are naturally scared of starting something new, something as new experience even if it's not what can lead them to scam, they must ask someone with an experienced before they start which to me isn't a bad approach if you have somebody that can put you through but Bitcoin is an asset that do tempt people and because there is no centralization, it is difficult to make recovery when things doesn't go and expected.

Humans are very dynamic, the person you so much trust today can change tomorrow and things can go wrong. Anything related to money is quick to reflect people's real intentions and it's because of these uncertainty it's advisable to buy Bitcoin on your own. It doesn't have to be big at the start, you can start small incase something goes wrong. I doubt if there is going to be any problem if you understand how to read and understand comprehensively.

[bitbollo]

I don't know the details but I am not surprised there are users that prefer to not store directly the private key.
It is correct? No. It is a good way? No. But you cannot expect that everyone would make it. For thousands and thousands of reasons.
The same reason we have the banks in a certain way... We discussed deeply this in Italian section, at the end this is also part of adoption.
You cannot expect only tech savy to use bitcoin

[CryptSafe]

The hunger to make more money drives people nut to join whatever means that is deemed fit for investment for them coupled with the fact that people are lazy to work and earn a good means of livelihood. This is why we see people still fall for Ponzi schemes because they take advantage of the fact that it is Ponzi and they do not bother to do their proper research  before dabbling into and in some cases, upon them putting money the system crashes and they lose money they have invested

[Z-tight]

I get this is not always the case and some people really thought they were getting into something.  But when I see a Ponzi scheme producing victims, I doubt most of them did not know what it was all about.

A lot of them do know what it is about, but they believe they can get out before it burst, though some of them are not so lucky. I have had acquaintances join ponzi schemes, even when they could perceive that it was exactly that, sometimes they would prefer to live in self denial, simply because of the 'returns' they expect.

[lionheart78]

But why are people like this? Instead of making research and invest in bitcoin, they did not. This will not be the last. If federal government did not do the investigation, nothing would have been known.

People like the easy way out.  Instead of waiting for years for their investment to profit, they would rather choose the option to have a daily yield which is the main attraction of a Ponzi Scheme.

Aside from that, most people love to laze around, instead of doing the hard work of researching, they would rather rely on information from other people.  Worst they don't even veriy the information and chooses to believe them especially if it offer instant profit.

[qwertyup23]

<..snip..>
But why are people like this? Instead of making research and invest in bitcoin, they did not. This will not be the last. If federal government did not do the investigation, nothing would have been known.

I blame social media on how people spread false information about bitcoin and on how you invest on it. Well, it's also their problem in the first place because people tend to believe the first thing they see and read on different social media platforms being endorsed by these so-called "influencers".

People have the tendency to just go with the flow; they will invest quickly without even reading or researching about a certain topic. This is exactly the reason on why lots of people are still getting scammed despite multiple articles and warnings have been issued in avoiding these scams in the first place.

But why are people like this? Instead of making research and invest in bitcoin, they did not. This will not be the last. If federal government did not do the investigation, nothing would have been known.

People like the easy way out.  Instead of waiting for years for their investment to profit, they would rather choose the option to have a daily yield which is the main attraction of a Ponzi Scheme.

Aside from that, most people love to laze around, instead of doing the hard work of researching, they would rather rely on information from other people.  Worst they don't even veriy the information and chooses to believe them especially if it offer instant profit.

I definitely agree with you. Lots of people tend to blindly follow what others endorse or advertise. They believe the first thing they will read on the internet thinking that they can get money with such minimal effort. Unfortunately, this will only add to the stigma of cryptocurrencies, as a whole, due to these ignorant people being too naive and irresponsible on their mistakes.

[Tungbulu]

A lot of them do know what it is about, but they believe they can get out before it burst, though some of them are not so lucky. I have had acquaintances join ponzi schemes, even when they could perceive that it was exactly that, sometimes they would prefer to live in self denial, simply because of the 'returns' they expect.

I used to be heavily involved in Ponzi schemes several years ago, long before I even joined the forum. And the reason I was involved wasn’t because I didn’t know that it was a scam, sure I did because I’ve been doing it for a while and I kind of got a hang of how the system worked, so first of all, I was only able to put in an amount I was willing to lose, I put it and hope to get something reasonable before it crashed.