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

[Abbatty]

If someone falls into the trap of getting rich overnight and hands over their hard-earned money to others, then that is certainly dangerous. But it may not be just laziness or stupidity. You are right that we can easily get information on the internet these days, but the problem is that many newcomers do not understand the difference between accurate information and organized fraud. The fraudster is quite clever, they do not run away with the money in the beginning, but they gain trust by giving money regularly to a few people, showing pictures of profits, using people they know and finally they create an environment that makes it seem like the project really works. Even many educated people can be fooled by falling into such a trap. The word guaranteed profit should actually be taken as a warning, not as a way to get rich overnight.

That a point though and you are right anyone could  actually fall for the trap doesn’t matter being educated or not because this fraudsters are also clever so they will do anything in their power to make everything sounds real and looks more convincing and for us to hardly believe that such activity isn’t real.
We really need to be very careful and absolutely vigilant about things like this because fraudsters keep coming with new line of way just to scam people.

And just like you said they gain trust and build a community on trust and when they suddenly start seeing more people in the community then they begin to start working towards their plan of moving away with people funds.

Absolutely correct, these scammers are even more vigilant and more careful to make sure they look so real. With the coming of more advanced AI, they now look absolutely real in everything they are doing.

Sometimes we are not even convinced by them but by our friends, relatives or even loved ones. In a case where maybe a friend of yours invested and maybe he his lucky and he his Amongst the first few people that were paid, then they try to convince you, and with that you tend to easily put your money into it.

So lastly I would say it best you believe you can’t out smart the market, you should just know the best way to generate wealth is boring, slow, consistency. With such mindset you will be at the best defense.

[Shineup]

When it comes to bitcoin, the basic strategy isn’t  hard, all you need is to buy little by little consistently and hold it for longterm. Trading has higher risk because your success depends on skill, good decision making and experience, while long term investing is more simpler for most people.

Of course, investing sounds quite simple and easy to do, even for a beginner. But from a certain point of view, the problem for these people is psychological. They have the money, they have the confidence but they don’t have the strong mentality to hold on. Everyone has their own problems but still, asking someone else to manage our investments is not really a good idea.

I can as well say that majority look so down on their strengths or ability over what they can do, not that they can not do it if they actually try to give in their best to learn, we can't talk about having confidence without a strong mentality, that is to say anyone that have the confidence should also have a strong mentality to believe in whatever they want to do, there can be certain acceptable reason like some one who can not read and write asking for others to help and manage their bitcoin investment and i will likely understand not just some reasons that doesn't worth it. People who have investment money, have confidence can invest on their own while the mentality grows stronger with time.

[Jerrycrypto2024]

The title of the thread,may appear simple but has alot to passed as information, human believe and lifestyle towards investment differs, some investor lack the ability to comprehend despite their interest towards the investment, some believe they can't do better than whom they know as such centered their mindset in relying on such person to help as shade over their investment, meanwhile all of this is targeting risk reduction. As a beginner whose knowledge can't withstand certain risk investing under experience person while improving in knowledge is not bad but not willing or ready to learn is not ideal.

[Sonia_123]

Most of them are afraid of being scammed again since they have being scammed before and all hopes of them being successful when they invest by themselves is lost, they now rely on people for help .

As scammers are improving in their ways and manners of scamming people, we also needs to be upgrading in our level of Security to our assets to prevent them from attacking us because this scammers don't rest until they get what they want.

An investor is suppose to know the right sites to be used and not to listen to any unverified information without confirming the authenticity before using it because any little mistake once your asset is gone and cannot be recovered again.

[Marvelockg]

As a beginner whose knowledge can't withstand certain risk investing under experience person while improving in knowledge is not bad but not willing or ready to learn is not ideal.

What risk is a beginner exposed to that an experience investor is not exposed to and what's so complex about starting of ones investment journey that a beginner can not do while staying invested even if it demands that he hss to start small, learn and then improve on the amount he's willing to put into buying of bitcoin. As a matter of fact, I consider it more risky than an Investor will allow a third party take care of his investment just because he's not well knowledgeable as an investor.

The key is very simple. Start little and grow from that point onward. Trust is a thing that's lacking in most friendship and so, you want to try avoid taking certain risk because giving your bitcoin for a third party to invest for you means you're taking even bigger risk.

[Luzin]

Many beginners don’t have full confidence in what they’re doing, so in the end, many ask people they consider experts. That’s what I did too. It’s not that I didn’t want to learn, it’s just that was how I started trading. But eventually, I tried to understand and implement models and strategies. However, there might also be beginners who just don’t want to learn much, don’t want to take risks, look for shortcuts, and lack patience, tending to want instant profits they’ll do that. Maybe that’s why experts open paid classes, taking advantage of the instant gratification desire even though there’s no guarantee of profits. Honestly, I think this is normal for beginners, but for those who have been in the crypto world for a long time, they shouldn’t rely on others. IMO

[Mr Reporter]

Many beginners don’t have full confidence in what they’re doing, so in the end, many ask people they consider experts. That’s what I did too. It’s not that I didn’t want to learn, it’s just that was how I started trading. But eventually, I tried to understand and implement models and strategies. However, there might also be beginners who just don’t want to learn much, don’t want to take risks, look for shortcuts, and lack patience, tending to want instant profits they’ll do that. Maybe that’s why experts open paid classes, taking advantage of the instant gratification desire even though there’s no guarantee of profits. Honestly, I think this is normal for beginners, but for those who have been in the crypto world for a long time, they shouldn’t rely on others. IMO

You have really described the full beginner cycle perfectly…well at first the confidence of a newbie is always not totally normal…and the charts might look noisy and it should tell that the newbie is confused at some point, and one wrong click can cost a lot of money while still growing. So they run to experts for help because at least someone sounds sure and can lend a helping hand…and the funny thing about it is that everyone would face such a challenge by asking questions here and there that time…

[sotelorene]

Many beginners don’t have full confidence in what they’re doing, so in the end, many ask people they consider experts. That’s what I did too. It’s not that I didn’t want to learn, it’s just that was how I started trading. But eventually, I tried to understand and implement models and strategies. However, there might also be beginners who just don’t want to learn much, don’t want to take risks, look for shortcuts, and lack patience, tending to want instant profits they’ll do that. Maybe that’s why experts open paid classes, taking advantage of the instant gratification desire even though there’s no guarantee of profits. Honestly, I think this is normal for beginners, but for those who have been in the crypto world for a long time, they shouldn’t rely on others. IMO

You have really described the full beginner cycle perfectly…well at first the confidence of a newbie is always not totally normal…and the charts might look noisy and it should tell that the newbie is confused at some point, and one wrong click can cost a lot of money while still growing. So they run to experts for help because at least someone sounds sure and can lend a helping hand…and the funny thing about it is that everyone would face such a challenge by asking questions here and there that time…

Exactly, one thing is about having confident. Some people even after learning they will still lack the confident that they can actually do this on their own that is why some run to old folks to help them invest but the truth is, you don't know who you are running to completely and you cannot run to the person all the time so it is best one man up and start developing confident so they can handle things by themselves. Sometimes people got scammed because of lack of confident.

[Gost ms]

Many beginners don’t have full confidence in what they’re doing, so in the end, many ask people they consider experts. That’s what I did too. It’s not that I didn’t want to learn, it’s just that was how I started trading. But eventually, I tried to understand and implement models and strategies. However, there might also be beginners who just don’t want to learn much, don’t want to take risks, look for shortcuts, and lack patience, tending to want instant profits they’ll do that. Maybe that’s why experts open paid classes, taking advantage of the instant gratification desire even though there’s no guarantee of profits. Honestly, I think this is normal for beginners, but for those who have been in the crypto world for a long time, they shouldn’t rely on others. IMO

You have really described the full beginner cycle perfectly…well at first the confidence of a newbie is always not totally normal…and the charts might look noisy and it should tell that the newbie is confused at some point, and one wrong click can cost a lot of money while still growing. So they run to experts for help because at least someone sounds sure and can lend a helping hand…and the funny thing about it is that everyone would face such a challenge by asking questions here and there that time…

Exactly, one thing is about having confident. Some people even after learning they will still lack the confident that they can actually do this on their own that is why some run to old folks to help them invest but the truth is, you don't know who you are running to completely and you cannot run to the person all the time so it is best one man up and start developing confident so they can handle things by themselves. Sometimes people got scammed because of lack of confident.

Yes, I completely agree with you that being confident is very important. But in some cases, taking help from someone can be the best decision. For example, many times we do a risky job and if we make a little mistake, we can face a big loss. In all these situations, taking help from an experienced person can be the best decision. But yes, you have to know one thing very well that the person you are going to is really experienced or not and whether he is skilled in this matter or not. If the person you are going to does not have all these things, then this will be the biggest problem, for example, if you go to learn about wallets, then you can learn wrong about wallets, if you want to learn about Bitcoin, then you can not invest and can take you out of the human nature of investment

[icebar]

Exactly, one thing is about having confident. Some people even after learning they will still lack the confident that they can actually do this on their own that is why some run to old folks to help them invest but the truth is, you don't know who you are running to completely and you cannot run to the person all the time so it is best one man up and start developing confident so they can handle things by themselves. Sometimes people got scammed because of lack of confident.

Yes, I completely agree with you that being confident is very important. But in some cases, taking help from someone can be the best decision. For example, many times we do a risky job and if we make a little mistake, we can face a big loss. In all these situations, taking help from an experienced person can be the best decision. But yes, you have to know one thing very well that the person you are going to is really experienced or not and whether he is skilled in this matter or not. If the person you are going to does not have all these things, then this will be the biggest problem, for example, if you go to learn about wallets, then you can learn wrong about wallets, if you want to learn about Bitcoin, then you can not invest and can take you out of the human nature of investment

When a person learns about Bitcoin, he will naturally seek good advice from others because at that time he does not have a good idea about Bitcoin. Moreover, it definitely takes time to learn about any subject. But the problem arises when someone completely depends on others without understanding it well. No one can predict Bitcoin accurately. That's why it's important to have your own knowledge so that you don't invest blindly. I wouldn't say it's bad to take advice from others, but your own conscience and intelligence must come first. If you do not know what you are buying, why you are buying and at what time you will sell, then investing in it will result in more losses than profits. No one can know everything at the beginning, he must learn it over time. But for those who do not try to learn and only rely on others, investing is definitely risky. There is a risk in all financial matters, which is why this matter needs to be considered seriously.

[WhoYouCantKill]

I can as well say that majority look so down on their strengths or ability over what they can do, not that they can not do it if they actually try to give in their best to learn, we can't talk about having confidence without a strong mentality, that is to say anyone that have the confidence should also have a strong mentality to believe in whatever they want to do, there can be certain acceptable reason like some one who can not read and write asking for others to help and manage their bitcoin investment and i will likely understand not just some reasons that doesn't worth it. People who have investment money, have confidence can invest on their own while the mentality grows stronger with time.

True, mentality keeps them in the game but they lack it because they train themselves to believe others rather themselves and this is why most people who invest always fall victim before they realize how to protect themselves from scams because they don't verify any information they receive before acting on it but, if they believe in themselves and in their abilities they can be successful in their investment with the help of the knowledge and understanding they got both from their experience and that of others.

[Juicyhome]

With my level of experience in bitcoin investment,  have learnt never to be emotional and stick to the dos of bitcoin,  no body will ever convince me to manage or investment bitcoin for them,  it's very stressful and at the end they will never understand your explanation if the market goes wrong. It's better you teach them how to invest and let them manage their assets.

People are very funny, they will claim to be busy to manage their assets and they will like you to help them manage,  but when the market is dip that's when they will call that they need money for emergency.  Bitcoin is not a do or die investment,  if you don't have the desire to manage it yourself let it slide.

[Tmoonz]

With my level of experience in bitcoin investment,  have learnt never to be emotional and stick to the dos of bitcoin,  no body will ever convince me to manage or investment bitcoin for them,  it's very stressful and at the end they will never understand your explanation if the market goes wrong. It's better you teach them how to invest and let them manage their assets.

People are very funny, they will claim to be busy to manage their assets and they will like you to help them manage,  but when the market is dip that's when they will call that they need money for emergency.  Bitcoin is not a do or die investment,  if you don't have the desire to manage it yourself let it slide.

Very funny indeed, the same person that said they are busy to manage the investment will no longer be too busy again if anything goes wrong, some will ask for refund as if you forced them in to putting their money, honestly I can't stop laughing on how dramatic humans can be, some can be pretending not to know anything about the market while secretly fetching informations elsewhere just to be monitoring what is happening around it, every one must not invest in Bitcoin and if anyone is too busy to do it on their own, is better they wait until they make out time of their own to avoid unnecessary stories.

[NewRevelation]

When it comes to bitcoin, the basic strategy isn’t  hard, all you need is to buy little by little consistently and hold it for longterm. Trading has higher risk because your success depends on skill, good decision making and experience, while long term investing is more simpler for most people.

Of course, investing sounds quite simple and easy to do, even for a beginner. But from a certain point of view, the problem for these people is psychological. They have the money, they have the confidence but they don’t have the strong mentality to hold on. Everyone has their own problems but still, asking someone else to manage our investments is not really a good idea.

Largely on individual difference. There is this spirit of I can't do it. Some poeple just feel that it's too stressful and they can't do it. Some don't trust themselves. They fell someone else will do it better than they can. The most annoying part is that they are not even ready to learn and upgrade there skills and abilities. It's just so poor of them.

If they like to invest in Bitcoin, then they should be bold enough to ask questions and learn how to do it. Of course it's a new thing and it will look strange and somewhat not understandable. Just like when we got to the forum newly, everything locked too strange and misplaced, but as we gave it time, everything started aligning. I feel it's just the same thing. If people learn to ask questions, strive to learb and try to do it themselves, they maybe they will be better off. It's a Total shit for me to ask someone to manage my investment for me or control my investments.

[JiiBs]

You have really described the full beginner cycle perfectly…well at first the confidence of a newbie is always not totally normal…and the charts might look noisy and it should tell that the newbie is confused at some point, and one wrong click can cost a lot of money while still growing. So they run to experts for help because at least someone sounds sure and can lend a helping hand…and the funny thing about it is that everyone would face such a challenge by asking questions here and there that time…

Are there really people that just open the trading section of some exchanges or any app without any knowledge of trading and only look at the chart to click buy and sell as it pleases them?

I suppose anyone that wants to trade must first half at least the basic knowledge on how to do any form of analysis before starting.
The challenges they face or the loses they might incur at this stage is what usually leads to panic and make some of these newbies that would have wished to do it alone, seek investing aid from those they deem experienced.

For others, they just don’t want to try themselves, they want others to do all the work for them and that’s all.