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

[impulse709]

One thing people forget is platforms or businesses backed by government regulations can run out of liquidity, fail to meet-up with taxation or even be forced to back down due to different reasons like mismanagement of funds, economic shock and fraud. We can't start counting government backed organization that has collapsed and customers money lost, even banks are not excluded in this scenario. How about SEC-registered investment firms that defraud their investors. The list is endless.

Government regulations can indeed provide some oversight, but it doesn’t in anyway eliminate risk. Historically we can see that banks, regulated institutions and investment firms are capable of failing due to fraud, economic collapse, poor management and several others. So while it’s possible for regulations to attempt to reduce some of these risks, people should not mistake it to be some complete risk elimination or some form of guarantee that their funds are secure. And this is why it’s always crucial for one to do their due diligence before making any financial decisions whether or not the institution they wish to get involved with is backed by government or not.

I can see that as laziness, having access to an information but not willing or ready to read through to know what the information is all about. There are so many things we can learn online and it will be seen as foolishness if we don't take our time source for information that will help us to know about how to invest in Bitcoin. There are also dedicated websites that are teaching people on how to invest in the crypto market. Once an investor have the interest to learn rather looking for people they will blame for investing for them when something goes wrong.

I do agree that the majority of people opt for someone else to manage. Their Bitcoin investments rather than learning how to do it on their own. It is beneficial to take advice from those who have invested in the market before. But it is not wise to follow blindly as it can result in poor investment choices and loss of confidence when the market doesn't perform as hoped. Bitcoin is a financial product and it involves some basic knowledge of risk management, volatility wallet security. And the time frame strategy. It is readily accessible online. And is frequently free of charge. Well-informed investors are more likely to take an active role in their investing decisions, and in their own losses and gains.

[Baki202]

I can see that as laziness, having access to an information but not willing or ready to read through to know what the information is all about. There are so many things we can learn online and it will be seen as foolishness if we don't take our time source for information that will help us to know about how to invest in Bitcoin. There are also dedicated websites that are teaching people on how to invest in the crypto market. Once an investor have the interest to learn rather looking for people they will blame for investing for them when something goes wrong.

you are right it is just pure laziness because learning the basics is very easy and this is what am still wondering about that why will someone help you in something you can invest in when you can get information about it every were because, all the information that is needed to learn is online and for those that are finding it hard to read they can see them on youtube were everything is going to be well explained.

but just because they dont care or it does not matter to them, they will just prefer for someone to just invest for them and what if the person runs with there money they are suppose to put all this this into consideration it is better to just do the investment your self when ypu will be able to see everything you are doing on your cell phone any day any time so it is very important to know this, to aviod stories.

[Hyphen(-)]

I do agree that the majority of people opt for someone else to manage. Their Bitcoin investments rather than learning how to do it on their own. It is beneficial to take advice from those who have invested in the market before. But it is not wise to follow blindly as it can result in poor investment choices and loss of confidence when the market doesn't perform as hoped. Bitcoin is a financial product and it involves some basic knowledge of risk management, volatility wallet security. And the time frame strategy. It is readily accessible online. And is frequently free of charge. Well-informed investors are more likely to take an active role in their investing decisions, and in their own losses and gains.

That is why it is only the lazy ones that always seek for hrlp or call some people for their ignorance because if they had manage their investment themselves, they will not have anyone to be blamed based since they will know all it entails and they can be able to manage and control anything that come up and also to also keep their wallet safe on their own to avoid any third-party having access to their wallet.

Learning about Bitcoin has becomes so easy, there are several platforms, books, and websites that you can search and learn about Bitcoin and how it works really well, but yet some people still chose to be lazy to give some people their own Money to manage. This forum is also a place to learn about Bitcoin and how to keep your Bitcoin safe.

[Grace333]

Firstly I'll say people like cheap dreams, something they can close their eye and wish for that would happen easily without stress.  This idea is what have caged some people and compelled them to remain poor. Nobody is too busy to the point that making a quick search about something they want to put their money into becomes a problem. If anyone give excuses like that then its obvious they are lazy persons. Sometimes I feel that the reason people fall for ponzi schemes is because they like to have someone else work for them while they generate money without knowing how the system really works and that is bad. Knowing how the system works alone would save them the money they're about to loss. A mentor of mine would say "loses are bigger from things we have no knowledge about than those ones we have knowledge of because what you don't know is bigger than you".

[kawetsriyanto]

It is because of fear of the risk involved and they don't what to be held responsible for their mistakes and actions since investing in Bitcoin cannot be guaranteed In case of any issue like lost and reduction or decline in the price of bitcoin beyond expectations, they want to hold someone responsible their actions.

If they are fear of the risks in Bitcoin, the best way is to not invest in Bitcoin. It is a bad way to avoid the risks by asking other people to handle the investment.
By the way, there is no investment with no risk. If someone isn't ready with the risk in investment, it means he doesn't understand investment. Make sure to understand it first before investing in any assets!

Most people are ready to learn but at the same point scared to be scammed too. People are living in greed where they target Bitcoin illiterates who cannot recognize Ponzi schemes where they will claim they have placed their investment and end up losing everything. Most give up after a scammer makes them invest a huge amount of money on their first trade, which they end up with zero profit.

Learning is the way to avoid scams. If someone really scares with scams, they must be very serious to learn. Bitcoin is very clear asset, it isn't scam or Ponzi. If someone still thinks it is a Ponzi scheme, it means he doesn't trust Bitcoin. He shouldn't invest in something that he can't trust.

[Berry2d]

Firstly I'll say people like cheap dreams, something they can close their eye and wish for that would happen easily without stress.  This idea is what have caged some people and compelled them to remain poor. Nobody is too busy to the point that making a quick search about something they want to put their money into becomes a problem. If anyone give excuses like that then its obvious they are lazy persons. Sometimes I feel that the reason people fall for ponzi schemes is because they like to have someone else work for them while they generate money without knowing how the system really works and that is bad. Knowing how the system works alone would save them the money they're about to loss. A mentor of mine would say "loses are bigger from things we have no knowledge about than those ones we have knowledge of because what you don't know is bigger than you".

Its not all about cheap dreams but lacks of zeal to offer profitable sacrifice for an endless breakthrough that can put smile on our faces at last.
Shortcut is a general problem faced by all because we think it will be profitable than to sacrifice time, energy and resources for that same dream.
As for dreams, all have there dreams but because of the unavailability of resources and the requirement it always become difficult to get to the top but if only one is ready to sacrifice pleasure  getting to the top becomes very easy, soft and calm but that it never justify the opinion that  by chance see dreams as a cheap one.

[348Judah]

I don't know what is difficult in saying people doing things all by themselves, should we call it laziness or ignorance, when it comes to financial assets and what you have invested upon, everything concerning this should be left to you alone to decide and know about every decision-making process in it, including the storage and the security measures taken, third party will not help us achieve anything than to later harm us or render us being helpless, because of overdependence on them.

[pawanjain]

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.

People are not dumb but just greedy. Everybody wants to earn quick money and its because of this simple reason why many fall for such ponzi schemes.
Obviously he must be offering them more than usual returns which is why they would have been attracted to his offer.
But the concerning factor is why would people believe on something they don't even know of.
With bitcoin, anyone can go verify the functionality, verify the blockchain themselves and invest in bitcoin and hold the funds all by themselves.
It's rare to have such an asset and this is why people trust bitcoin but some people choose ponzi schemes over bitcoin and end up getting scammed.

[Rabata]

I don't know what is difficult in saying people doing things all by themselves, should we call it laziness or ignorance, when it comes to financial assets and what you have invested upon, everything concerning this should be left to you alone to decide and know about every decision-making process in it, including the storage and the security measures taken, third party will not help us achieve anything than to later harm us or render us being helpless, because of overdependence on them.

In my opinion, relying on a third party for Bitcoin investment is risky. You have to calculate the profit and loss of your assets and even take responsibility for your security. Some people can give you advice on where to put them and how much to buy, but in the end, you will have to take responsibility for it if you make a mistake. It is not bad to take help from others, but the biggest risk is to completely hand over your decisions to others. Therefore, we should protect our assets ourselves. In this way, we can become experienced in Bitcoin. Maybe sometimes mistakes will be made, but people gain experience through mistakes.

[Kavelj22]

I don't know what is difficult in saying people doing things all by themselves, should we call it laziness or ignorance, when it comes to financial assets and what you have invested upon, everything concerning this should be left to you alone to decide and know about every decision-making process in it, including the storage and the security measures taken, third party will not help us achieve anything than to later harm us or render us being helpless, because of overdependence on them.

People used to rely on third part companies to manage their financial assets in terms of investment. Usually banks and stock exchange intermediaries. When it comes to crypto assets, they can't get rid of that third part culture because they think about it as a security liar especially with licensed third parts. You call overdependence and i call it "banking culture" when people think that it is the best guarantee to save money while keep investing. Big companies like Blackrock and Microstrategy are making a lot of money because of that culture alone. Without that culture, many companies would never exist.

[ultrloa]

I don't know what is difficult in saying people doing things all by themselves, should we call it laziness or ignorance, when it comes to financial assets and what you have invested upon, everything concerning this should be left to you alone to decide and know about every decision-making process in it, including the storage and the security measures taken, third party will not help us achieve anything than to later harm us or render us being helpless, because of overdependence on them.

People used to rely on third part companies to manage their financial assets in terms of investment. Usually banks and stock exchange intermediaries. When it comes to crypto assets, they can't get rid of that third part culture because they think about it as a security liar especially with licensed third parts. You call overdependence and i call it "banking culture" when people think that it is the best guarantee to save money while keep investing. Big companies like Blackrock and Microstrategy are making a lot of money because of that culture alone. Without that culture, many companies would never exist.

That's how usually things goes because I think people are to afraid to explore new things and they rely their profitability on third party platforms that's why they usually goes with those institutions you have said.

But if they just check and try to analyze the situation for sure that they would discover their earnings is small and the one got benefit on their money is those institutions.

So better to have courage to invest and apply what they learn, so that they won't keep asking people towards where to invest their money also they could find what's really best option to do.

[EL MOHA]

But if they just check and try to analyze the situation for sure that they would discover their earnings is small and the one got benefit on their money is those institutions.

So better to have courage to invest and apply what they learn, so that they won't keep asking people towards where to invest their money also they could find what's really best option to do.

It’s actually simple people have actually had the wrong the ideology which this third makes them agree with, an example is that they usually rely on third parties because they don’t actually have the time or they are too lazy or they are not confident enough to be their own boss. Most of this third parties actually promises them all sorts of benefits like they wouldn’t have to worry about research or worry about loss, the third parties like banks usually give them hope of their capital never going down like bank interests. But should any of them actually wants to start their own business or be their own bank we all know the risk involved in that although the profits also weighs same as the risk but many are scared to take that route and end up trusting third parties than themselves

[Zanab247]

I don't know what is difficult in saying people doing things all by themselves, should we call it laziness or ignorance, when it comes to financial assets and what you have invested upon, everything concerning this should be left to you alone to decide and know about every decision-making process in it, including the storage and the security measures taken, third party will not help us achieve anything than to later harm us or render us being helpless, because of overdependence on them.

I guess this is the hand work of laziness, because if not the laziness that is on some people, I don't know why  they will not like to carry out some research to know when to start investing on BTC to start accumulating BTC that will bring them plenty profit in the future. You know that newbies will not going to survive if they decide to keep it to themselves alone, because there are some stage it will get to, they will be confuse on what to do, either to sell at the moment or continue hodling.

When you know what you are doing in decentralized investment, you suppose know what to do without looking for people advise, because you know the rate you bought your BTC from and you know when to sell once the price get to such price.

[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.

This is one of the problem that many people have today. Everybody wants to make profit, but only few want to know the process. Since they saw others making money immediately they want the same outcome without understanding how  it works. In cryptocurrency, lack of knowledge can make someone lose many things. When you don’t have understanding on how the wallet works, the market risks, and the basic principles of crypto, you may likely be a victim of scams or depend on  people to manage your money for you. When you depend on someone to manage your finances then you have put yourself on risk. The main purpose for cryptocurrency is to give people more control over their money and financial freedom. You can’t have financial freedom without financial knowledge. Learning maybe slow and tiring but in long run, knowledge protects your money and it helps you make a good decisions.