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

[L E G E N D A R Y]

It is obvious that maybe this platform that just scammed people did actually offer a reward of investment that seems too good to be true which the people couldn't resist, but had to invest in it without bothering to know if it's source is true or not. Because for this platform to have been able to scam over $300million from people, then it is possible they might have operated within a certain period of time and constantly paying people who invested in it, which actually built their trust, and bringing it more people to the point that they couldn't pay anymore but had to run away with people's money. So in a nutshell, maybe this platform offered more profits than mere investing in Bitcoin.

That’s exactly how a lot of investment scam and Ponzi schemes work. The early investors get paid, and that way they’re able to build trust which in turn attracts more investors to queue up so they can also cash out from it like the other investors. And the moment they’re able to gather enough funds, they vanish without a trace. This is reminder that when an opportunity looks too good to be true, or offer unusually high returns, one should be extra cautious when approaching such opportunities.

[ColdLava40]

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 believe someone with more experience would be able to make them profits faster. And sometimes it's true.

I'm taking Micheal saylor for instance, investors purchase BTC ETFs under his company believing he understands Bitcoin market, cycle, season, when to invest and many strategy that's involved in the market.

It's not that they can't do all these by themselves, they just see it as a faster and much easier way to get their hands on profits. It's just almost ture, but the dangers in relying on a third party is extreme.

[Emmanuel9977]

We'll one thing I noticed is fear of losing, and again most of them are busy with business or another activity that is why most of them give there relative the money to invest.
But that's high risk because they might end up scam you,
My advice is if you don't have chance to learn why don't forget about it, them going on something you don have any idea, because I personally I have see one of my boss who dey scam because he don't have any idea about Bitcoin and he end up complaining.

[RockBell]

We'll one thing I noticed is fear of losing, and again most of them are busy with business or another activity that is why most of them give there relative the money to invest.
But that's high risk because they might end up scam you,
My advice is if you don't have chance to learn why don't forget about it, them going on something you don have any idea, because I personally I have see one of my boss who dey scam because he don't have any idea about Bitcoin and he end up complaining.

People are just scared about them losing their money, nothing else and people want money but they don't want to lose money and that is when it comes bitcoin investment people are still finding there way around it and people find it hard to trust things like, and people need to figure out a lot of things about bitcoin since they are finding it hard to get convinced on the kind of potential that bitcoin have and it is not even a long story lets know exactly what we are doing because most people don't even know what they going on because even with all the information available people are still looking for something easy because looking for someone to managed there investment is just wrong.

[DYOR+BTC]

We'll one thing I noticed is fear of losing, and again most of them are busy with business or another activity that is why most of them give there relative the money to invest.
But that's high risk because they might end up scam you,
My advice is if you don't have chance to learn why don't forget about it, them going on something you don have any idea, because I personally I have see one of my boss who dey scam because he don't have any idea about Bitcoin and he end up complaining.

Channelling attention on business or other related activities is never enough reasons why a good investor will not wish to have a well examined experience on that business that offers life transforming opportunities to all.
One strong factor responsible for success of all kind is experience,  that said experience helps in governing once activities to enable success comes out easily but if that expected experience is not there it will create a vacuum for lost to be experienced

[Felicity_Tide]

It is obvious that maybe this platform that just scammed people did actually offer a reward of investment that seems too good to be true which the people couldn't resist, but had to invest in it without bothering to know if it's source is true or not. Because for this platform to have been able to scam over $300million from people, then it is possible they might have operated within a certain period of time and constantly paying people who invested in it, which actually built their trust, and bringing it more people to the point that they couldn't pay anymore but had to run away with people's money. So in a nutshell, maybe this platform offered more profits than mere investing in Bitcoin.

You have a point, but I still strongly believe that trying to convince a victim should be the most difficult part of a scam, rather than the offer itself. When someone has no clue about something, there is this internal relief that they often feel when they see someone else who's willing to guide them through, or even assist them, just because they sound way too smart and convincing. People don't actually fall for how huge an offer is, but they fall for how the offer is being presented. Of course, some fake investment platforms might have operated within a certain period, but it's still doesn't change the fact that most people are not doing enough to help themselves avoid these things even when there are far more obvious signs.

[Jewan420]

It is obvious that maybe this platform that just scammed people did actually offer a reward of investment that seems too good to be true which the people couldn't resist, but had to invest in it without bothering to know if it's source is true or not. Because for this platform to have been able to scam over $300million from people, then it is possible they might have operated within a certain period of time and constantly paying people who invested in it, which actually built their trust, and bringing it more people to the point that they couldn't pay anymore but had to run away with people's money. So in a nutshell, maybe this platform offered more profits than mere investing in Bitcoin.

That’s exactly how a lot of investment scam and Ponzi schemes work. The early investors get paid, and that way they’re able to build trust which in turn attracts more investors to queue up so they can also cash out from it like the other investors. And the moment they’re able to gather enough funds, they vanish without a trace. This is reminder that when an opportunity looks too good to be true, or offer unusually high returns, one should be extra cautious when approaching such opportunities.

We need to learn from real life on these issues, because when we decide to do something out of greed, we often face losses. I personally think that Bitcoin is the only currency in which investing is a right decision and good. Many people invest in a coin without any research and end up facing losses. If a person invests without any research after listening to the comments of another person, then he will definitely face losses. It will not be a right decision for us to trust anyone else. We have to continue our research properly and find the right information and move forward and only after that we will decide whether to invest or not.

[Zoomic]

Many people ask others to invest in Bitcoin on their behalf because they see the potential profits but do not want to spend time learning how it works. They often believe that investing in Bitcoin is too technical, so they rely on friends, relatives, or self-proclaimed experts to make decisions for them. Unfortunately, this approach increases the risk of falling victim to scams or losing money through poor investment choices.

Before investing in Bitcoin, everyone should make an effort to understand the basics, such as how wallets work, how to secure private keys, and the risks associated with market volatility. You don't need to become an expert overnight, but having enough knowledge to make informed decisions is essential. Learning first and investing second is a much safer approach than handing your money to someone else without understanding what they are doing.

For a newbie, you made a solid point especially the part you talked about relying on friends or self-proclaimed experts.

Bitcoin's core philosophy is self-sovereignty, so when one decides to entrust their money to someone else, that philosophy is defeated.

If it's not your key, it's not your coins, that's why it's important to understand the market by yourself. Yes we know it takes time to understand Bitcoin volatility but it's something that anyone can learn to near perfection with time.

Practice with small amounts and gradually develop your knowledge, that's a better and more sustainable way to survive in the Bitcoin market without suffering huge losses than trusting a third party to help you invest.

[kawetsriyanto]

People believe someone with more experience would be able to make them profits faster. And sometimes it's true.

Even sometimes it can be true, it is too risky to rely on another one for our investment. If we want to get good profits, the best way is to improve our ability.

I'm taking Micheal saylor for instance, investors purchase BTC ETFs under his company believing he understands Bitcoin market, cycle, season, when to invest and many strategy that's involved in the market.

Saylor is very clear that he has the capability and he also invests in Bitcoin with huge funds. So, it makes sense that investors trust him. So far, Saylor is also consistent in holding Bitcoin, he really shows his trust on Bitcoin future. It is quite rare to have another person with the same capability as Saylor. Considering this matter, I don't suggest to trust another one as we trust Saylor.

It's not that they can't do all these by themselves, they just see it as a faster and much easier way to get their hands on profits. It's just almost ture, but the dangers in relying on a third party is extreme.

There is no term of an easier way to invest in Bitcoin. If we want to minimize the loss opportunity by asking help from an experienced one, it is even risker than investing ourselves. So, it isn't a safe way for Bitcoin investment.

[ColdLava40]

There is no term of an easier way to invest in Bitcoin. If we want to minimize the loss opportunity by asking help from an experienced one, it is even risker than investing ourselves. So, it isn't a safe way for Bitcoin investment

One thing that can be done here is to get the knowledge from those who are experienced and use it to your own satisfaction.

I don't know what to call it, laziness? Or just stupidity. Genuine help would be very keen not having any business with your money as they sometimes go through the trauma of people calling them names. Those who wants to reap you would not hesitate.

They prey on your fear and inability to understand simply market logic and that's why we still have many dump new investors in the market.

[AYOBA]

People are just scared about them losing their money, nothing else and people want money but they don't want to lose money and that is when it comes bitcoin investment people are still finding there way around it and people find it hard to trust things like, and people need to figure out a lot of things about bitcoin since they are finding it hard to get convinced on the kind of potential that bitcoin have and it is not even a long story lets know exactly what we are doing because most people don't even know what they going on because even with all the information available people are still looking for something easy because looking for someone to managed there investment is just wrong.

How life goes now anyone who want to achieve something most have to risks what they’ve I order to get what they want, but that’s what most of the people don’t understand whereby that’s how the Bitcoin investments goes most people think that if they invest in Bitcoin their going to lose their money and they find the Bitcoin investments interesting, and their scared of losing how they expecting to grow up their investment.

I think those people that are looking for someone to manage their investments they don’t take their investments serious if not they will not think someone to manage their investment, because anything can happen in the investments process.

[Johnlomape]

We'll one thing I noticed is fear of losing, and again most of them are busy with business or another activity that is why most of them give there relative the money to invest.
But that's high risk because they might end up scam you,
My advice is if you don't have chance to learn why don't forget about it, them going on something you don have any idea, because I personally I have see one of my boss who dey scam because he don't have any idea about Bitcoin and he end up complaining.

There is nothing hard about learning about Bitcoin and anybody that complains about not understanding Bitcoin, that means they are not serious about learning and their mind must have been in another thing that must have been taking their time.
Learning about Bitcoin is like reading books and doing research about what Bitcoin entails. Newbies that are not ready to do research and source for information that will help them understand Bitcoin are lazy and not ready. This is not about being afraid of losing but about not having the interest to learn.

[tabas]

There won't be fools, no one gets fooled. That's the reason why they continue to exist, and even if you keep on saying that they should do their research. Because they won't make a difference for most of them when they feel that they are investing on the right thing even if they're not. Many of these people don't want to be corrected because they think that they're being victimized by these scammers because they actually does. It's sad that many of them when being put in the right path, they don't want to be in that's why you just leave them alone and experience it badly.

[Smartvirus]

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 believe someone with more experience would be able to make them profits faster. And sometimes it's true.

I'm taking Micheal saylor for instance, investors purchase BTC ETFs under his company believing he understands Bitcoin market, cycle, season, when to invest and many strategy that's involved in the market.

It all lies in a sense of security that comes from those with years of experience, compared to you that is or relatively new to the system. Hence, they don’t want to lose but would rather wish to gain everything. That’s where the problem lies and many don’t just want to give it that time it needs for research and guiding these experiences themselves. So, they rather go with someone that has being there and have proven themselves to themselves over and over as a hedge against failure but, how often does this work. In the end, they are still just trying to be consistent.

[Hamza2424]

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 only have one explanation, people are different in many ways. Their actions look so stupid to us but when we will ask them they will admit their mistake, and will repeat it haha. Bro these people never learn, I have seen people who learn their lessons and they become so careful and paranoid that they even start doubting a real project.

But most of the people do not learn their lessons, they have this mindset that trying again and again can recover their money and they can recover their losses. So revenge is the first thing, giving up on the hate against these platforms is second factor.

I can mention so many reasons, but it is nature wise. people have different reasons, some even gamble their money their hard earned money or money they took as loan on gambling or such sites and then they lose the amount and at the end they either suicide if the debt is too big for them to repay they lose their mind and life too.

I have heard hundreds of stories like this which are so terrifying but a normal person would say they made wrong and the most hard choices there were.

[Cookdata]

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 believe someone with more experience would be able to make them profits faster. And sometimes it's true.

I'm taking Micheal saylor for instance, investors purchase BTC ETFs under his company believing he understands Bitcoin market, cycle, season, when to invest and many strategy that's involved in the market.

It's not that they can't do all these by themselves, they just see it as a faster and much easier way to get their hands on profits. It's just almost ture, but the dangers in relying on a third party is extreme.

Unless such person is naive and doesn't know how to use the the internet, it's really foolish to think someone to help you do something that involves money. Maybe I'm too woke or too inquisitive with the way I do on the internet, I'm very preserved when it comes to doing things online, I rarely look for help when doing anything that involves money even before I started Bitcoin, I don't seek for help, if it doesn't work I make sure Iook for why it's not working.

I don't think people give other people to help them buy Bitcoin because they afr fast and easy, they are afraid of responsibilities like why if something happened, they don't like to explore and that's why some of them rarely make something in life. Even the Bitcoin, they are not buying it because they saw any potential, they are doing it probably they saw other people doing it for the money and they don't want to be left behind, so they try their luck too.