In the Crypto world, there is no such thing as earning easily just by doing nothing, that said people who are too lazy to work to earn money invests on a platform that really doesn't necessarily serve any real purpose to help other people. Each and every ponzi scheme has it's own way of persuading vulnerable lazy people into investing to their program and this just ruins Bitcoins image to other people. Before reconsidering investing on a project, be sure to know if it really has a good use and is necessary for it to exist in the long run. I pity those people who invested to such a project that has failed and has turned into a Sh*tcoin.
Exactly, in the world of cryptos there is no way to earn anything easily, it might take sometime to begin earning here, but gradually the earnings increase with addition to new experiences. Investing in those schemes that might alter your emotions by persuading you into believing something that's close to impossible is stupidity.
Yeah, just because of such fake schemes people get scared of investing into cryptoes. There has been many such schemes and there might be many others in upcoming days, but we should be more alert and do our research before investing.
Life is about risks so it is not surprising. Investors were warned that bitconnect was a ponzi scheme ready to blow up but people were ready to risk their bitcoins to get so much profit.
But those who take such risks in their life are the greedy and lazy ones. Taking risks on reasonable projects is somewhat accepted in life, but taking risks on something impossible is foolishness. The ones who invested in it then might be the ones who cry today. We should learn from those people and try our best to avoid such schemes, or projects that promises more than our imagination.
