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

[GeorgeJohn]

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.

This is a ponzi scheme, he just rebrand it...Christopher has attests to it, so it's no longer an allegation, because it's what he does to recycle funds within people who believe that they're investing in bitcoin,  so for me, it's a rebranded scam...

Sometimes I blame people for been a victim of wrong bitcoin investment...Bitcoin investment can done between the investor and exchange, it's just to get registered in Binance and undergoes a KYC only, so that investor can buy and sell bitcoin...but they choose to invest on someone..For me, they invest out ignorance...And that's why they keep investing wrongly...

[Sonia_123]

They feel that they don't know how to go about it , they feel those people that helps them are more experienced and more learned when it comes to investing in bitcoin and they want to hold someone responsible for their losses in other to be paid back when things goes wrong.

Ponzi scam has caused a lot of persons a huge destruction to their families and life's in general and that is why alot of persona finds it difficult to trust people nowadays mainly when Bitcoin is being mentioned since that was what was used to scam alot of people before and till now.

[sunsilk]

Realization is always at the end of the bad decisions that we make. And these people that fell for these scams have learnt already.

Those who have been trying hard to correct their bad decision makes them a good investor. They'll also teach the others what to avoid to make them in the right path of investing to Bitcoin.

We have our experiences when we fell for these schemes. Eventually, everyone is improving and applying what they've learned.

That's why if some newbie asks how to invest to Bitcoin, what are the basic things to do. Don't be irritated by them but instead encourage and help them if you see one whether in forum or in real life because everyone has somewhere to start with their investment rides.

[Makus]

Some people's reason for not being able to invest in Bitcoin by themselves is because they don't have the time to do that but that's just an excuse because when it comes to holding Bitcoin there isn't really much involved in it like trading, you don't have to learn about it for a long time before you can start and it doesn't stop you from doing other things you are involved in, as a matter of fact you actually have more time because investment doesn't need constant monitoring especially if you have decided to do a long term investment.

[Itz-prisigold]

Some people's reason for not being able to invest in Bitcoin by themselves is because they don't have the time to do that but that's just an excuse because when it comes to holding Bitcoin there isn't really much involved in it like trading, you don't have to learn about it for a long time before you can start and it doesn't stop you from doing other things you are involved in, as a matter of fact you actually have more time because investment doesn't need constant monitoring especially if you have decided to do a long term investment.

I will also say that, a lot of people think investing in Bitcoin is very complicated, so instead of them trying to make research and learn things by themselves,  they just simply look for people that will help them grow their money.  For me, learning the basic things about Bitcoin such as buying, storing and holding Bitcoin safely does not really take so much time.

The most annoying part is that, most of these people are very willing to spend hours chasing unrealistic quick profits from Ponzi schemes,  but they find it very hard to spend little time learning about how Bitcoin actually works.  The truth is that even a little knowledge and understanding can really help people avoid failing for scams and making big mistakes.

[Hewlet]

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.

Most Ponzi scheme has sharp similarity but yet, people still fall victim of them and the reason is simple, they always think that they can be smarter than the initiator of the scheme whose aim is actually to trick people by paying them during the early phase of the scheme and eventually run when he reaches what he's looking out for.

An average person finds it hard to be responsible for his life and become accountable for whatever decision he makes. He always wants to shift the responsibility to someone else and that makes his failing into scam so easy. A simple research will differentiate Ponzi scheme from what's not and even in crypto, a simple research will show that what's obtainable with bitcoin is far from what's the case with most altcoins and meme coin but unfortunately, people are generally lazy to do the right research.

[Z_MBFM]

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.

Yes, people are really lazy, if they want to learn about Bitcoin on their own, it will take them a long time, but if they only learn about the benefits of Bitcoin investment from someone, then they will just invest in Bitcoin and wait for those benefits. Those who think like this and only listen to others and invest in Bitcoin or anywhere, they cannot wait for a long time, due to which they panic and sell at a loss when they see it going down a little. However, those who take their time to research and learn about Bitcoin and read history can create a long-term holding mentality and can earn a good amount of profit by investing. Due to such laziness of people, maximum people cannot succeed in investing.

[348Judah]

Some people already concluded within their mind that they can't afford to make it by learning and see every opportunity as a stress to them to afford going through the process, until they have the mentality and think about achieving a particular goal, they may not be able to get it done, this is why everything we are in life has to do with the kind of mentality we have towards it.

No one is limited to what they can know except the choose not to inquire more about life, everyone of us started as a new b in cryptocurrency and today we have more sound knowledge about bitcoin because we give it time to understand the intention behind its creation, you can't expect someone like me to be looking for someone to help me invest when I have all it takes to invest on my own and be profitable at the same time, therefore laziness, wrong mentality and limitation of the minds is what some people conceived that makes them not to be able to achieve beyond where they are.

[Franctoshi]

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.

Isn't the financial system we operate today run in the same way?

Let's say everyone wants to take their money at the same time. Do you think the bank will be able to pay everyone? No. Banks simply run a Ponzi scheme using another customer's money to pay the other customer in terms of loans, except that the difference is that the traditional financial system has been sustained, and they're legalized and regularized too by the governmental agencies.

[uchegod-21]

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.

Isn't the financial system we operate today run in the same way?

Let's say everyone wants to take their money at the same time. Do you think the bank will be able to pay everyone? No. Banks simply run a Ponzi scheme using another customer's money to pay the other customer in terms of loans, except that the difference is that the traditional financial system has been sustained, and they're legalized and regularized too by the governmental agencies.

This answers the question. People who get attracted to ponzi schemes or ask people to help them invest in bitcoin are just too used to the financial system runned by the government. They are yet to get used to the concept of Decentralization and freedom.

There are lots of information everywhere to help people avoid cheap scams and schemes like this, but greedy people do not take research seriously. They only make their researches after they sense that something is wrong and that they might soon become victims. This news won't still stop others from investing in another ponzi scheme deliberately.

[GeorgeJohn]

Most Ponzi scheme has sharp similarity but yet, people still fall victim of them and the reason is simple, they always think that they can be smarter than the initiator of the scheme whose aim is actually to trick people by paying them during the early phase of the scheme and eventually run when he reaches what he's looking out for.

When you're not been informed of ponzi scheme you will be victim...because ponzi platforms always sugarcoat every of their statements in their platform...And Someone who is not aware of such kind of misinformation of investment, will queue in, thinking it's real, and at your first entrance, they will give welcomed you with sincerity some it will look real...

Note, that why some people are not victims of ponzi scheme, Its because of the awareness forum has been creating because of people who has lost a lot of money from ponzi scheme....

[Cleanslate_]

The people that are asking people to invest them, sees them as experts in the field of trading and other crypto investment mainly bitcoin without realizing that they themselves if ready to learn can also be an expert that will invest in bitcoin on their own and become successful . At times it is caused by laziness.

[uche6215]

People that asking others to invest for them are the once who do not know anything concerning education or book. They can't read and write. But because of prosperity of others in bitcoin, they are also interested to invest in bitcoin. And for those who are educated but still wants people to invest for them are the category of people are busy with their main work. And they don't want other works to distract them.

[348Judah]

We keep insisting on do your own research by yourself and try to learn about bitcoin or cryptocurrency in your own way and understand the whole thing, this is not something you can rely on others to help you through, if you really know what you are doing, you will know that it is necessary to take it up yourself, just as the way you cannot entrust your financial details with anyone to handle for you, you are also expected to learn about bitcoin and be in control of your assets by yourself without the impact of a third party putting you through.

[Die_empty]

People that asking others to invest for them are the once who do not know anything concerning education or book. They can't read and write. But because of prosperity of others in bitcoin, they are also interested to invest in bitcoin. And for those who are educated but still wants people to invest for them are the category of people are busy with their main work. And they don't want other works to distract them.

You shouldn't conclude that people who do this are those who don't know how to read or write. It might be safer to say that they lack knowledge in that aspect. The investment sector is a large market that nobody knows all about, all the opportunities it provides. The crypto industry is still in its infant satge that many educated people don't know much about it. Instead of spending on learning how things work, they prefer to take the easy but risky path of using middlemen to invest. Sometimes it might turn out good whiole inother cases they are victimes of scam or maismanagement of their funds.

[Outhue]

Some people's reason for not being able to invest in Bitcoin by themselves is because they don't have the time to do that but that's just an excuse because when it comes to holding Bitcoin there isn't really much involved in it like trading, you don't have to learn about it for a long time before you can start and it doesn't stop you from doing other things you are involved in, as a matter of fact you actually have more time because investment doesn't need constant monitoring especially if you have decided to do a long term investment.

This is true but thats not all, some people intentionally hide under that excuse that they don't have time, but it's all a lie, most of the past experience I have had around people, I get to know that they are afraid of the investment they made, they just want to be on a safer hand, because they have some doubts and if something bad happens they will quickly put the blame on you, it's been proven that most new investors are here for short term, they want to make money very fast.

[ultrloa]

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.

Yes, people are really lazy, if they want to learn about Bitcoin on their own, it will take them a long time, but if they only learn about the benefits of Bitcoin investment from someone, then they will just invest in Bitcoin and wait for those benefits. Those who think like this and only listen to others and invest in Bitcoin or anywhere, they cannot wait for a long time, due to which they panic and sell at a loss when they see it going down a little. However, those who take their time to research and learn about Bitcoin and read history can create a long-term holding mentality and can earn a good amount of profit by investing. Due to such laziness of people, maximum people cannot succeed in investing.

They are lazy and greedy for asking such matters.

Because if they are resourceful and hard working for sure their question is different, provably they ask something valuable which can possibly increase their knowledge on investment matter or maybe all about crypto to.

If they keep asking investment and always talk about ponzi schemes they will surely fall apart, because chances to fall from scams is high with that options they choose to engage.

[abaeze]

The main goal of fraudsters is to gain people's trust. And in this case, whether people are educated or uneducated, anyone can be in danger. Therefore, it is safest to verify yourself without blindly believing someone's words, but in this case, you must have appropriate knowledge and education. If someone wants to invest in Bitcoin, then it is much more important to learn what Bitcoin is, how it works, and how to take custody yourself than to give money to a company and look for guaranteed profits. Which can save you from scams.

On the other hand, from the perspective of Bitcoin, this lesson is that Don't trust, verify. If an organization promises regular and almost risk-free high profits to those who are prudent, then they can easily understand that that profit is a Ponzi scheme. However, many people understand all this because of greed, but do not ask where it comes from, but in many cases, the honest answer to this question reveals which is a scam project and which is a real project.

[Mr_Brilliant$]

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.

I think I'm not seeing this from the same angle most of you’ll are seeing it…

Is it really a bad thing to give your money to someone who claims to be a professional, and is able to show proof and data of how they've successfully managed funds for other people in the past? No, it isn't..

Not everyone has the time and understanding to learn how to properly invest in Bitcoin..  That is just the truth..  There are many millionaires and billionaires today who have exposure to Bitcoin without personally buying and managing it themselves.. Some invested through fund managers, investment firms, or even organizations that presented themselves as professionals…

The problem here is that Goliath Ventures turned out to be a fraud.. But the fact that one fund manager or company failed does not automatically make the idea of using a professional fund manager a bad one… Am I making sense?? The real issue is trust and the transparency of the organization, and also doing your proper due diligence before handing over your money is important..

[MarjorieZimmermanGinger]

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.

That's why Ponzi schemes still frequently trap many people and generally, most people don't do research first and the impact is quite significant in the fraud process. Anyone who is lazy about doing research and doesn't want to learn to understand this form of investment ends up being the scam we often hear about. This type of fraud usually tends to target people who want to get rich quick and they generally don't think about how to understand things properly.

Many similar cases are eventually uncovered and after questioning the victims, they claim the guaranteed profits are quite large, enticing many people to join. In reality, these are just promises and ultimately, people suffer significant financial losses from these scams. In fact, if people want to do their own research, investing in Bitcoin should be able to do it independently without the involvement of other people.