I just discovered that lot of the beginners in this Crypto industry has been acting without hesitations to also introduced other people to the industry when they (beginners) are still understudies trying to gain the primary knowledge of the industry yet but they goes out there acting to be professionals insighting variable orientations to people around them that are willing to Invest in the Crypto markets.
These sets of people give themselves different professional names just to deceive people that they have the relevant knowledge. I have seen names like crypto analysts, crypto gurus, crypto specialists, etc, and I wonder what qualifies them to bear these names. These sets of persons speak with authority even when they lack the requisite knowledge and experience.
And finally they ends up investing in the Altcoins and Meme projects with highily volatilities where they get their funds lost due to the fact of wrong impacted knowledges by the beginners who has not even gained their ground of being learned about how the crypto markets and the various coins actually works via their differential potentials.
Most of their lectures, articles and podcasts end up introducing people to a shitcoin, Ponzi scheme or other crypto projects which promise to make people rich. Newbies should always spend enough time doing their research to avoid becoming victims of these deceivers.
How many of you beginners has done this act? Or how many of you amongst us has ever introduced anyone to this Crypto industry and later on you got blamed for their lost of funds?
I don't persuade people to invest in Bitcoin because it should be a choice born out of knowledge and conviction. I only tell them about Bitcoin and explain the risks and benefits involved in investing. I also encourage them to do their research. It is now up to them to choose to invest or not.
I think we need more orientations particularly to the beginners so they don't take the act of over excitements that they are making incomes in their crypto investments and tends to initiate others to the system without proper orientations.
Persists on this acts would usually end any of us like that being blamed for misleading to the lost of funds.
Most people introduce Bitcoin to people as a get-rich-quick scheme. This has led people to even borrow money to invest to recoup high profits after a short period. Many of them end up becoming frustrated because they don't understand how Bitcoin works. Some of them usually become impatient and sell off their coins prematurely. An they win end up blaming the person who misinformed them.
It is better of you introduce the person to this bitcointalk discussion forum to learn by itself than you claiming professional to them while you are still a beginner.
Bitcointalk is one of the best platforms to learn about the Bitcoin space. It contains quality materials about everything a newbie needs to know before investing in the industry. However, I have observed that many people are not willing to learn. They are not patient enough to gather enough knowledge this is why they are easily deceived by these wannabe crypto professionals.