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

[bakasabo]

People are lazy. They prefer others that other will do something for them instead of doing themselves.
People have bad experience of trying to do something themselves and they prefer to hire or to pay professional to do job.
People dont want to take responsibility for their actions. They prefer others to invest so they can say someone has failed with investment, not them.
People are afraid to fail. That is why they better give money to someone who has success (however they dont check that, they prefer to trust), than do themselves and avoid failure.

But why people invest in Ponzi you ask me? Because they are greedy and Ponzi scheme influencers know how to win people over.

[Taskford]

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.

This is really the common problem with this people because their laziness really strike them bad and as a result they fall on bad investment schemes then became a scam victim.

If they just made a research about lots of good things about Bitcoin they can provably escape on lots of scams on internet. The they provably happy accumulating and holding Bitcoin for long term which is more sustainable than hoping for some chances to earn on those ponzi's and also with shitcoins out there.

If research has been done first and they eager to learn more they could provably learn later on that Bitcoin is the best and ideal coin to have.

[Hatchy]

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.

They have forgotten that you have to learn how to walk before you learn how to run. Alot of their decisions today are Influenced by what they see and year online. They might be thinking that it's as easy as it sounds.if anyone tells you that crypto investments is an easy way to make money, they obviously are trying to steal or scam you. Having the knowledge implemented on the market by yourself is the best way to conquer the market. Don't be too lazy to fall for the Ponzi schemes. The problem is that new investors are just finding it difficult to get their hands on reliable informations to educate them on the dangers involved with trusting other with their investments. Some are scared of taking risk..

[snowpega]

They have forgotten that you have to learn how to walk before you learn how to run. Alot of their decisions today are Influenced by what they see and year online. They might be thinking that it's as easy as it sounds.if anyone tells you that crypto investments is an easy way to make money, they obviously are trying to steal or scam you. Having the knowledge implemented on the market by yourself is the best way to conquer the market. Don't be too lazy to fall for the Ponzi schemes. The problem is that new investors are just finding it difficult to get their hands on reliable informations to educate them on the dangers involved with trusting other with their investments. Some are scared of taking risk..

A good example here. Well, the real reason is that many get fascinated by seeing the big profits of others and plan to jump into the crypto space for quick gain, while having insufficient knowledge and zero experience, and in this way, when they start it, they have to face a big loss, or they flush away their whole money. I think that doing anything about which you don't have any knowledge is just like you are gambling with your money, do you agree?

So, it is always important that one should start to learn first about TA(Technical analysis) and FA(Fundamental analysis) and other basic fundamentals of the crypto space, and once one gets good knowledge, then one should start with a small amount to get market experience. In this way, he can take good advantage of the crypto space. What do you think?

[SilverCryptoBullet]

So, it is always important that one should start to learn first about TA(Technical analysis) and FA(Fundamental analysis) and other basic fundamentals of the crypto space, and once one gets good knowledge, then one should start with a small amount to get market experience. In this way, he can take good advantage of the crypto space. What do you think?

With Bitcoin, that is a strong cryptocurrency and very good investment asset proven by about one and a half decade so far, fortunately people don't have to do Fundamental analysis, and surely don't need to do Technical analysis. They only need to read this following book, have their knowledge about Bitcoin, build up their belief in Bitcoin, and start their investment with capital from discretionary income for DCA bitcoin over time.

The bullish case for Bitcoin.

[KiaKia]

Normally someone who isn't a tech savvy and also someone who don't want to be responsible for keeping their coins shouldn't be buying and holding bitcoin, many people can't keep bitcoin, they are so pleased with how the banks works.

To them, if only the banks are keeping Bitcoin for people they will be pleased to give it all to the banks, since they can't do the keeping themselves shouldn't they move on and find something else to invest their money on?

They won't, the money that others are seeing while investing on Bitcoin won't let them move on,  they want to make that type of money but at the same time they don't want to  be committed.

[Y3shot]

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 want to make money quickly, even if they have experience with how risky Ponzi schemes are. Because of greed, they think they can outsmart the scheme by making enough profit from it before it crashes.

I know people who understand Bitcoin and Ponzi schemes who still participate in them to make quick profits. Some people are just interested in it due to ignorance, believing it is a quick way to make money, while investing in something like Bitcoin seems too slow.

[bhadz]

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

Lack of everything.
Lack of confidence.
Lack of diligence.
And they're living in the fantasy that if someone who's good and successful will be followed with them, they'll also end up with the same path of success.
But yes, they will all end up with the same path as whoever they follow based on their belief without doing research. Ending up that their money is going to be theirs, the ones they follow. Very sad that it is a never ending cycle. These people think that money grows on trees.

[_act_]

People want to make money quickly, even if they have experience with how risky Ponzi schemes are. Because of greed, they think they can outsmart the scheme by making enough profit from it before it crashes.

Ponzi scheme can be hard sometimes. The one that is easy to know is pyramidal scheme which some people are very greedy about. Although it is more about lack of knowledge and experience.

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

Lack of everything.
Lack of confidence.
Lack of diligence.

Some people are have the confidence, but they will use the confidence to do something stupid. Some people are diligent, but get scammed.

Learning about ponzi scheme and how to avoid it can help in avoiding it.

[Cookdata]

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.

What's there in Bitcoin that is hard to invest? We all were once there how it was difficult to grasp what Bitcoin transactions looks like and I can't remember going to meet anyone to teach me how to run one, it was self learn under with risk management. Nobody says take all your wealth and buy Bitcoin the first time, it's not even a recommended practice, you can buy test buy with $20 and see if what you read is right or wrong which I'm sure all Google index will not give wrong informations.

Some people are just lazy and can't take a bold step to take action on their own until they get help and this is why most of them fall into scams. Most often, when people get scam of investment, it's because they don't take their phone to read. It's even funny that people have big smart phones when they can query Google or any other search engine to get answers, they prefer to watch social media where they laugh and have fun on comments sections.

[bhadz]

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

Lack of everything.
Lack of confidence.
Lack of diligence.

Some people are have the confidence, but they will use the confidence to do something stupid. Some people are diligent, but get scammed.

Learning about ponzi scheme and how to avoid it can help in avoiding it.

Yes, there goes those people who are confident of themselves. But when they miss a little detail, they're feeding their egos and that's why they are also falling for some traps. Those who are confident and able to deal with the first ponzi's and scams of their lives. When there's too much of it, they think they will not be fooled by those scams. And yet, because of their greed and confidence, we all know why even those who's got experienced of being scammed before are keep on falling for that. So it's not only those who are lacking of things and lazy but also when someone is full of themselves.

[Sammye3]

Laziness is a disease that could cause a lot of harm when not controlled and that is the case for most bitcoin investors. Some people see bitcoin as too complicated and difficult to understand which makes them think its best to leave everything to the hands of a professional rather than making personal research.

Many people have fallen victim pf cheap scams becajse of the laziness to make findings and understand what they are investing into, which seems to the best approach for every investment. No one should talk you into an investment when you know nothing about it, that would be utter failure and a huge downslide in the long run.

[Sticky Bomb]

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.

In the eastern part of my country, A company just folded recently and evacuated their building immediately and their business niche was collecting money from people to trade for them and giving them returns, Ponzi scheme are everywhere, leveraging on people and people don't get tired of being scammed, whenever another one is launched, they patronize it sharply, I think it is because people are very greedy and always want to get huge returns, which is a trap set by these Ponzi scheme operators that catch them easily.

[Nwada001]

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.

Laziness, greed, and the means to get rich quick without making any effort—that language, "Let your money work for you," has planted a wrong idea in them. They embrace a Ponzi-like type of investment rather than investing their money in something that will be beneficial to them. For this set of victims, each time they still see something like that in the future, there is no assurance they won't repeat that same mistake of risking their money again.

[retreat]

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.

Most people today simply want instant results without the need for hard work. So when an opportunity appears promising large returns in a short time, they don't hesitate to take it, believing they can achieve significant returns in a short time. If only they were willing to use their brains and do some research, they might see that offers like these are Ponzi schemes and shouldn't be trusted. But because they are too eager to get rich quick and too lazy to use their brains, they get trapped in such Ponzi schemes. It's not surprising that even though more people are trapped in such Ponzi schemes, there will still be people who fall into the same trap, because there will always be greedy people who want to get rich quick, and they are the ones who are exploited by Ponzi schemers.

[Adbitco]

This is also another reason why people should avoid Ponzi scheme because if this whole thing wasn't investigated people wouldn't had known what was playing on the ground, but to me I feels like the reason why it hasn't gotten worse was a reason that he was still paying people and revolving the money around those who are coming newly and using those money to sort out those who where already in the system, I think was only waiting for the perfect time to strike where they wouldn't know what happened. To me I wouldn't mind saying that he was trying to establish trust from investors and it was this principle that was applied to MMM a Ponzi scheme site back then 2012 which I can't really give full expression when it was launched but I know was something within those years and it finally crashed on 2018 thereabouts.

[Smartvirus]

Normally someone who isn't a tech savvy and also someone who don't want to be responsible for keeping their coins shouldn't be buying and holding bitcoin, many people can't keep bitcoin, they are so pleased with how the banks works.

You don’t need to be tech savvy to invest in Bitcoin. With the very basics you can get about security and how to send/receive Bitcoin, you’ve got a lot to work with and that’s very okay.
A lot of persons that rather prefer others to invest for them are those that are too scared of taking risk and don’t want to be accountable for whatever comes out of risk taking. These are the kind of persons that want others to invest for them.

A lot of us knew nothing about this industry when we got in but over time, we learnt and are stilling learning to better whatever it is that we know and that’s how we make progress in the space. Everyone else that sees it for it’s potential should too.

[LogitechMouse]

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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 they're being focused on the profits and they're aren't asking themselves if that investment is a scam or not.

Can't blame them if they have that kind of mindset, but what I always say is that, "The only time an investor will learn is when they experience it themselves." Yes, making some research will help them, but this isn't applicable to all investors unfortunately. The thing that comes to my mind first when it comes to ponzi schemes like this is Bitconnect which many here already knows it especially for those who has been in the crypto space for a long time. People are like this because they're getting attracted to the fact that they can make money in either a short amount of time or doing only a few things.

As long as there are people who will have this kind of mindset, there will always be predators out there that will try and scam them. Like what you said, this will not be the last that this will happen. I've been in crypto space for quite some time, and I haven't experienced a year where there are no scams or there are no ponzi schemes happening. There always be, and will always have.