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

[JunaidAzizi]

Yup, they can, but you know the lack of decision making capability does not allow them to do so. Investing in Bitcoin is not easy, especially when you are new, you must have someone behind you who can motivate you and give you strength when you are feeling weak. But those scammers take the opportunity, they provide everything, and when the final stage comes, they steal the money and disappear. So it would be best to take advice from many people, but do what comes to your mind, at least there will be no regret about stealing money.

[Dex_master25]

I won't blame people for wanting to always take the easy route out of their financial situations, that's why there is so much rise in gambling activities and of course this case of trusting brokers blindly because we think the knowledge of Bitcoin investment is rocket science of which it is not.

In truth, it might be harder for someone who isn't tech savvy to invest in Bitcoin because it is mostly more of online activities and actionable input, the old may find it difficult but the younger generations may find it quite easier because of prevalence of freelance jobs and online social media platforms that help earning passively, possible.

[YellowSwap]

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.

Bitcoin is responsibility on the buyer, too much things to be bothered with in today's world, people don't want to take that responsibility, they would rather give it to someone and blame them later, e.g custodial services or crypto exchanges.

Some people don't want to lose the money they want to invest, to push the button themselves is scary, so they find a friend who is already into crypto, asking him to do the whole purchase for them and keep, I hate this idea to the core.

It's always people who don't want to take blame if anything happens later who do this, as for Ponzi schemes investment people like it, even if it's clear that it's a Ponzi they will still do it, doing nothing and making money is people's favourite way of making money.

This is why Ponzi schemes are always coming, because people are still joining them.

[DYOR+BTC]

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.

[Sammysmart001]

Right on point bro. Allot of us just want a quick money. But won’t want to know or ask about how Bitcoin works.
This we’re Ponzi schemes come in and deceive allot of users, Ponzi schemes like Goliath caches alllot of people.

Personally I would say if u can’t put a friend down and explain for him how Bitcoin as a whole works at for a good 5 to 10 min, i would say u aren’t ready yet to invest. Learning about Bitcoin should be a first step to take, how does wallet works, keeping your key safe to urself in other to avoid being scammed and lot more.
I always take this seriously DYOR it really helps in losing things to people like Delgado.

[avp2306]

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.

Because people usually look at the reputation and if they know the guy is famous, they immediately say that he's trusted and will never scam them.

That's why bad situation happen to most of those people invest on this ponzi schemes, since they missed the most important part of investment which is to do deep research about those investments they are joining that's why they lose their money and fall from fake promises offered by scammers to them.

If people just do their own diligence to research the whole scheme and background of those investment programs, maybe there's less chance for them to fall from scams.

But unfortunately this is not happening since that researching always comes late once exit scam has been pulled.

[coinlary]

I have strong belief that majority of this people know what they are doing. I don’t  know how exactly  Golliath ventures market their investment platform but the catch must have really been a good one that won't  allow them  to wait the number of years an investor  will normally have to when they invest on Bitcoin directly  . Turns out the shortcut is a path to loss instead of profit for the late arrivals since it's  a ponzi.

There are still more investment  platforms running this schemes and they will continue  to get investors so far people  want the easy and faster  way to make money, even when they don’t understand the whole margic behind it.

[Zoomic]

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 people are looking for who to trust, who to blame for their failures. They don't want to take responsibility and they don't want to control their investments. They want something completely passive. I have had people like this who wants to invest in bitcoin through me, but I had always told them that it is not what bitcoin represents. Bitcoin teaches self custody and not to trust people.

Another factor is time. Some people has money but actually doesn't have the time to manage it. So, they are quick to throw money into kind of investment even if they have poor knowledge about it.

[uchegod-21]

I have strong belief that majority of this people know what they are doing. I don’t  know how exactly  Golliath ventures market their investment platform but the catch must have really been a good one that won't  allow them  to wait the number of years an investor  will normally have to when they invest on Bitcoin directly  . Turns out the shortcut is a path to loss instead of profit for the late arrivals since it's  a ponzi.

There are still more investment  platforms running this schemes and they will continue  to get investors so far people  want the easy and faster  way to make money, even when they don’t understand the whole margic behind it.

These Ponzi schemes have a way of getting to their vulnerable victims. Usually, the targets are ignorant people who are yet to understand how crypto or Bitcoin works. Ponzi schemes like Goliath Ventures make these people believe that since they are now in safe hands, there is no need for further personal research because everything will be handled for them.

People love convenience, and coupled with the few positive reviews they might have gotten from people who were fraudulently paid by Goliath Ventures, these vulnerable customers will believe and trust them.

Entities like Goliath Ventures make crypto look bad in the eyes of people. I am glad they are now exposed so people can learn that no form of Ponzi scheme is genuine. In fact, once anyone agrees to help you invest in Bitcoin instead of teaching you how to do it yourself, know that it is a red flag.

[ColdLava40]

But why are people like this? Instead of making research and invest in bitcoin, they did not. 

The long process? Time?

We can list out so many outstanding reasons, but they won't justify any thing. They have one simple confuse about investment, and that's guaranteed returns.

When they struggle a little and can't seem to be making profits from their self investment, they will be lured to take the next necessary actions. Even if that means they have to be inside the palms of the predator.

Like some said already, it won't end here, not first, not last, I do hope the average investor do learn for these stories, but they don't.

[rat03gopoh]

Bitcoin is a relatively new entity, and most people have never encountered a real scam or learned from others' experiences. It's not just about Bitcoin, and you don't have to study Bitcoin to recognize this kind of scam. I think "there's no such thing as a free lunch" is an old adage that people often overlook.

[Davidvictorson]

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.

The path of least resistance. Learning is a hard path but asking people to help them invest in bitcoin is an easy path. One don’t need to sit for hours doing research which is what many people find difficult. And that is what the incentive that many Ponzi scheme offer. Many people know that it is a very risky venture but they would rather do it that go the hard path. This is my best explanation for this people’s behavior.

[PrivacyG]

You know what.  Ponzi schemes are so well known of nowadays that I am actually having BIG doubts the 'victims' did not know what they were getting into.  It is fun when you think you are one between the first and you will get your money while the rest will get screwed up.  Then you end up getting screwed up by those before you and you become a victim.

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.

[Peanutswar]

~
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.

People getting lazy nowadays and they want to get spoon feed. If you try to observe most of the newbies in a social media have the same question "What coin is good for investment?", "When is the right time to invest?" they aren't making an extension of research they just wanted to rely with other people and make an investment and let other people make a decision with their money. Which is most of their investment ended up as a cut loss or even worst get liquidated most of their capital. The worst part is? people want an easy money and get deceived with the high return investment scheme. They arent willing to investment in knowledge but are willing to let go their money.

[SeriouslyGiveaway]

People getting lazy nowadays and they want to get spoon feed. If you try to observe most of the newbies in a social media have the same question "What coin is good for investment?", "When is the right time to invest?" they aren't making an extension of research they just wanted to rely with other people and make an investment and let other people make a decision with their money. Which is most of their investment ended up as a cut loss or even worst get liquidated most of their capital. The worst part is? people want an easy money and get deceived with the high return investment scheme. They arent willing to investment in knowledge but are willing to let go their money.

It's a common question from newbies but it also shows basic human instincts such as everyone want to get rich while most of them are lazy with learning. So they're looking for piece of free advice from either anyone around them or social media while they can learn by themselves quite easily nowadays with the Internet and many free resources.

Because these things are very basic and unchangeable in human civilization over time, and they actually exist in any society, any market, this way it is very helpful for whales and market makers doing their manipulations quite easily and successfully.

Ponzi scheme is a most attractive scam with newbies to be trapped like a honeypot, because there is promised chance of getting very good profit easily while there is not many conditions to do. Just have money, spend it to the Ponzi scheme, and let money works for you, all these hooks are perfectly for scamming newbies.

[Daniel91]

Honestly, many people are desperate because of their difficult financial situation and are ready to do anything to get out and earn some money.
At the same time, the power of critical thinking is reduced and often it is enough for them to read a few news stories about big earnings in crypto to believe that it is very easy to make money in crypto and that anyone can do it, that it is not difficult.
Social networks are set up these days to recognize the interests of users and offer them content that interests them.
So it is very easy to come across groups that offer big and easy earnings in crypto and it is always tempting and easier to trust a so-called "expert" than to invest your time in research and analysis.
After losing the invested money, anger over the fraud sets in and you become convinced that crypto is a scam anyway and a period of depression follows until the "next big thing" that also offers big and easy earnings.
People don't understand the basic truth, that no one else will help them achieve financial freedom except themselves, through research, learning, and hard work.
There is no shortcut.

[Luzin]

This is human nature, investors also want a shortcut to succeed. Learning activities are considered boring and too difficult for them to understand. There is a suggestion that when they ask someone more experienced, it makes them feel comfortable. Their mental burden tends to be less than when making decisions on their own. IMO

[Nheer]

People getting lazy nowadays and they want to get spoon feed. If you try to observe most of the newbies in a social media have the same question "What coin is good for investment?", "When is the right time to invest?" they aren't making an extension of research they just wanted to rely with other people and make an investment and let other people make a decision with their money. Which is most of their investment ended up as a cut loss or even worst get liquidated most of their capital. The worst part is? people want an easy money and get deceived with the high return investment scheme. They arent willing to investment in knowledge but are willing to let go their money.

Most of this new investors into cryptocurrency are just being lazy and they don’t want to sit up and go for research and study about it, all they want is just ask questions and seek for people idea and opinions and boom they start to follow up the opinions, suggestions and ideas without even making good research if truly these are positive ideas that can work for them and in the end they end up facing the consequences of their own actions.

Make research, study and look for experience people suggestions and also make research on their suggestions not to just work with them blindly. Let seek for knowledge and stop relying on others people suggestions or opinions because in this cryptocurrency space no body 100% sure about anything everything is just based on assumption and predictions.

[SquirrelJulietGarden]

Social networks are set up these days to recognize the interests of users and offer them content that interests them.
So it is very easy to come across groups that offer big and easy earnings in crypto and it is always tempting and easier to trust a so-called "expert" than to invest your time in research and analysis.

Bitcoin is not scam, it's good indeed but people did not do right things and fell to scams that only used Bitcoin as something to attract victims. So with people who were scammed by someone who used anything just seems to be related to Bitcoin, while in fact there is no responsibility of Bitcoin, they must be neutral enough to recognize reasons why they were scammed. It will be helpful for them to learn from their own mistakes, own money loss, and can avoid similar accidents with scammers in the future.

It's never too late to invest in Bitcoin, or restart an investment journey with Bitcoin. So if people are able to learn about their past mistakes and losses, they will always have second chances with Bitcoin and this market, through long term investment.

[Kelward]

I get marveled at the rate of ignorance of matured people who have heard about how Ponzi schemes have ruined many people's finances yet they are still investing in the schemes and you shouldn't be surprised that some current Ponzi investors have been scammed by ponzis in the past. Some people just don't learn and they will keep paying the price with their hard earned money over and over because they are greedy and they believe that they will be lucky to exit with capital and profit before the scheme will collapse.

It's not as if some of the Ponzi investors don't know that they are walking into a trap but they will believe that they would make enough returns before it collapses, it's nothing short of gambling for these greedy people. Presently in hearing about a few Ponzi schemes that their investors are cashing out their returns, I know that it is only a matter of time before they shutdown after many more victims have deposited money to them.