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Author Topic: If you get misleaded it's your fault  (Read 944 times)
G_Besar
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July 28, 2026, 02:32:14 AM
 #81

Exactly, until they learn the hard way, they won't heed advice given to them and then, they will be the one to advice themselves actually. One can only help by giving them advice but the choice is theirs to either protect themselves from harm or do what their minds say and face the consequences later on because they can't be forced once they make up their minds. So allowing them to have a taste of their wrong decision is just the best thing to do.
I think what you're saying makes a lot more sense than trying to force everyone to give advice that they ultimately don't listen to. So, I also agree that advice-givers shouldn't waste their time on people who think they're superior and don't need advice from others, so they can experience the consequences of ignoring their best advice. Furthermore, people who ignore advice often feel embarrassed to ask the same person again when they begin to face the consequences of their own wrong decisions.

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July 28, 2026, 10:03:04 AM
 #82

People who are stubborn about taking the right precautionary measures wont mind investing with everything they've got. My conclusion on them is that they are high-risk takers. Taking risks without thinking properly. The best way for them to learn and change is if the risk costs them a lot of money. It will force them to learn from the mistake. It is not everyone who listens to advice and puts it into action immediately. The stubborn, ignorant ones will listen to the advice, then do what they intend to do, irrespective of the consequences.
Exactly, until they learn the hard way, they won't heed advice given to them and then, they will be the one to advice themselves actually. One can only help by giving them advice but the choice is theirs to either protect themselves from harm or do what their minds say and face the consequences later on because they can't be forced once they make up their minds. So allowing them to have a taste of their wrong decision is just the best thing to do.

They actually have their own choice if they follow or not, but if they try those risky thing just like common action done by lots of newbies.

For sure later on they realize that they made a bad decision and feel bad on the mistakes they have done.

That's why experience is best teacher right? If those people eager to bounce back, maybe they might learn from those bad faith they experience. Then try to do more better judgement on their next investment attempt, since for sure they don't want to lose and commit same errors again.


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July 28, 2026, 02:29:28 PM
 #83

Robinhood is now allowing recovery seed backup into their cloud he said, and when I checked I got angry 💢.
It's not even Robinhood owns cloud service.
I want to say this here that Robinhood doesn't make this a mandatory backup option. They also have a manual backup option and recommend writing down your seed phrase offline. Cloud backup is for convenience, not security.

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He was willing to take the risk simply because it is Robinhood, they are big he said again, but there is no such thing as been big when it comes to your recovery seed I told him, I think this will probably safe one or two beginners on here too.
Agree, being a big company doesn't mean it's safe to store your seed phrase digitally. Once someone gains access to that seed phrase, they have full control of your wallet.

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Cloud storage is a wrong place for your recovery seed, do not be misleaded by centralised crypto companies who are acting like they know what's best for everyone.
The problem is not the existence of the cloud option but rather those who consider it the default or most secure solution.  Offline backup is still the most acceptable method for those who want to take self custody.

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July 28, 2026, 05:00:17 PM
 #84

@OP it is a good thing that you made an early reminder to your friend to not back up his seed phrases online.  We all know that it is not advisable because of the possible hacks and data leaks happening all over the internet.

Though I think the platform Robinhood is giving a feature choice for the user, and I do not think that is wrong since the user can choose what they think is convenient or secure.  I would always advise to choose the secured one, manually backing up seed phrases or private key, rather than the convenience of cloud storage holding our important data.

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July 28, 2026, 05:08:15 PM
 #85

There's a saying that NOT your KEY, NOT your COIN. This simply means that, you shouldn't trust your key with a third party no matter how much you trust them and their services.  I've heard about this Robin-hood but haven't paid any actual attention to it because I haven't gotten any actual need for it.

I'm interested in your caption and I don't totally agree with it because I don't believe everyone should be totally blamed for getting mislead and I'm saying this because of a recent incidence in my neighborhood where a lady invested in a project promoted by her favorite celebrity not knowing to her that it was fishy and she ended up losing her money and when I heard her side of the story, I didn't actually have to tally blame her as there are people that have so much fan love for their favorite celebrity and would do almost everything ask of them.

In summary, what I'm simply saying is that, not everyone who got mislead should be totally blamed.

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July 28, 2026, 06:34:17 PM
 #86

Exactly, until they learn the hard way, they won't heed advice given to them and then, they will be the one to advice themselves actually. One can only help by giving them advice but the choice is theirs to either protect themselves from harm or do what their minds say and face the consequences later on because they can't be forced once they make up their minds. So allowing them to have a taste of their wrong decision is just the best thing to do.
I think what you're saying makes a lot more sense than trying to force everyone to give advice that they ultimately don't listen to. So, I also agree that advice-givers shouldn't waste their time on people who think they're superior and don't need advice from others, so they can experience the consequences of ignoring their best advice. Furthermore, people who ignore advice often feel embarrassed to ask the same person again when they begin to face the consequences of their own wrong decisions.

It is good to explain or advise a person once or twice in the beginning, but if the person does not listen even after that, then it is not right to advise him at all, because he will not listen to you until he faces danger for his decision. I am directly involved in this matter. I have a friend who was involved in smoking and drugs and in the beginning I explained to him a lot so that he should not do all these things and come back to the good path, but he did not listen to me then and I did not say anything to him later. But a few days ago my friend came to me and cried a lot and at that time he apologized a lot for not listening to me. His addiction has now caused physical problems and for which he is now apologizing. So if someone does not understand, then there is no need to explain him, but leave him in his position, when he faces danger, he will be able to understand on his own.

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Today at 10:59:14 AM
 #87

My thoughts as well, if you are using your device on apps sometimes Google can suggest you save your logins to their backup cloud so it is very possible that in this case it wasn't from Robinhood and it just another pop up suggestion from Google.
But not to take the main issue out if the thread, OP you are very correct because saving your recovery seed on cloud storage is a very terrible thing to do and it has severe consequences.

I'm not sure that was the case here. Password and recovery phrase are two different things, how you enter your recovery seed to access your wallet is quite different from how you login to other platforms. Google trigger such suggestions when they noticed you registered on a site with username and password for conveniency and bind it with your Google account for easier access.

You don't create a wallet with username and password. It's entirely a different process. Google can not make such suggestion because they know the implications. I have seen other wallets too that suggest users to back up their seed to cloud. I won't be surprised if Robinhood did the same thing. Now, people will know the kind of dev they are dealing with.

 
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