I still saw a lot people which claim to be experts were talking about Bitcoin is decentralized and no one can stop it, but at the same time they suggest anyone to store Bitcoin in Binance because they say Binance have SAFU
It's contradict the definition of decentralization since you're holding your coins on a centralized site.
Not all people are fakes. There are some gurus that share their knowledge about Bitcoin and the possible trend which can give their audience the opportunity to earn profit. One of them is Bob Loukas where if we happen to ride his predictions and his challenge, we might be in a huge profit by now.
Those who suggest storing our crypto in centralized exchanges is either wannabes' or being sponsored or paid by exchanges. One thing should be done, we should confirm anything we heard in order to not be misguided.
By talking to expert he will always suggest you to put money into bitcoin because it cannot reduce your money. Later is the luck but as we see towards the history so bitcoin success is 100 percent if carry out correctly.
People are not afraid with any other type of business but they get frightened with investment in Bitcoin but actually they should think that there is no any business which is free from risk but the main thing is out reaction and use of mind that in which direction we use it whether in a successful way or unsuccessful way.
In general there is no investment that has no risk.