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Topic: The fear of investment - page 3. (Read 485 times)

sr. member
Activity: 1358
Merit: 268
Graphic & Motion Designer
October 08, 2023, 11:29:02 AM
#43
This platform is to enlighten the society that there are real investment platforms and also people earn bitcoins for a living,
Do not put too much burden on this platform, this platform and its members do not have the responsibility in enlighten society about Bitcoin, this platform is just a forum for Bitcoin enthusiast to discuss about Bitcoin. Moreover Bitcoin is not a religion, we don't need a missionaries for it. People will come to this forum by their own will when they finally learn about Bitcoin.

hero member
Activity: 2674
Merit: 713
Nothing lasts forever
October 08, 2023, 10:06:53 AM
#42
Hello friends

In our modern society, the fear of being scammed by king pins and other fake platforms has made many people to loose interest in investing bitcoin.
This platform is to enlighten the society that there are real investment platforms and also people earn bitcoins for a living, so they should give it a try and invest so they can also earn and also when it comes to this particular fear I think the environment where one is actually staying also contributes to this fear because just the other I was actually explaining the basic essence of bitcoin to a friend and all he could even think of was that I want to basically scam him of his money of which he doesn’t even know that bitcoin is actually a currency on which people benefit wonderful opportunity like through savings.

You shouldn't try harder because if your friend is not even listening to you then he deserves losing the opportunity.
We all know about the scams that are happening and it has created a misconception among many but the person should at least listen what the other is saying.
hero member
Activity: 2744
Merit: 517
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October 08, 2023, 08:19:50 AM
#41
Hello friends

In our modern society, the fear of being scammed by king pins and other fake platforms has made many people to loose interest in investing bitcoin.
This platform is to enlighten the society that there are real investment platforms and also people earn bitcoins for a living, so they should give it a try and invest so they can also earn and also when it comes to this particular fear I think the environment where one is actually staying also contributes to this fear because just the other I was actually explaining the basic essence of bitcoin to a friend and all he could even think of was that I want to basically scam him of his money of which he doesn’t even know that bitcoin is actually a currency on which people benefit wonderful opportunity like through savings.
People become uncertain and think negatively because of having lack of knowledge. Falling into scam sites is probably because they don't spend time knowing the platform first but are in a rush to jump and take the huge offer. It was not the fault of Bitcoin either that many people get scammed and lose their money, instead, their biggest mistake is to trust easily.

FEAR is normal to anyone who really doesn't have any idea about Bitcoin and much more if they will listen to those negative issues. That is a psychological impact.
sr. member
Activity: 686
Merit: 403
October 08, 2023, 04:13:24 AM
#40
Most investment platforms are scam, so I believe there is no real investment platform out there, buying Bitcoin and holding isn't an investment platform, you are investing in the assets directly, fear is a normal thing in today's world but losing your Bitcoin to scammers is your own fault, they must have talked to you and confuse you to do stupid things that lands you in losing your assets or it's your own greed that make you lose your assets.

These are a few ways many people lose their Bitcoin and it's their fault like I just said, many beginners lack knowledge about keeping Bitcoin safe, they only have interest in how to get Bitcoin and that's where they stop their research and learning, which is not right.

If strangers brings you any investment plans they are trying to use you, nothing in this world is free, I have been saying this for a long time now, if things are easier for someone they won't come telling it to your face, if they can become a millionaire off something they will truly keep it to themselves, but once they tell you, it means they need you to get to that millions, stay away from strangers, they come only with ill intentions.
legendary
Activity: 2072
Merit: 1315
October 08, 2023, 04:00:28 AM
#39
Not all can take it easily especially if he had experience or seen worse happened from other people. Bitcoin is a wonderful investment and those who learned that and see it really proves its worth a shot. But for new people will try it out, of course we can understand their fear but introducing to them properly or explain clearly would change that perspective.
full member
Activity: 235
Merit: 106
October 08, 2023, 03:56:16 AM
#38
Hello friends

In our modern society, the fear of being scammed by king pins and other fake platforms has made many people to loose interest in investing bitcoin.

Yes, nowadays if you want to invest you have to do it through fear. If you invest in any new project. Since 2021, most frauds are starting in crypto. Don't be fooled if you keep a few things in mind. Avoid investing in new projects. And if you want futures to do well then I suggest feel free to invest in Bitcoin. It will never disappoint you.

If you want to stay away from scammers then definitely stay away from phishing sites. On the other hand, to keep your fund safe, you should not add the wallet to any website. Then you are safe in all aspects and there will be no risk in investment.
sr. member
Activity: 574
Merit: 308
October 08, 2023, 03:23:39 AM
#37
A person who is concerned with cryptocurrencies but is afraid of investing in Bitcoin I think is a stupid person. Because this bitcoin has gained a lot of popularity in today's society and people are earning a lot of money using bitcoin. People who invest bitcoin bitcoin never fear but boldly they hold bitcoin for long term, bitcoin is a digital asset that helps people to house the future. The future of Bitcoin is so bright that people are making money from Bitcoin for their livelihood, and investing in Bitcoin to brighten their future. Moreover when a person sees Bitcoin as a scam he is never a wise person, because those who will win Bitcoin as a negative in this present digital world are the biggest fools. Science is a popular currency this currency has the most fame in the virtual world and Bitcoin has accepted its approval in various countries, and people using this Bitcoin are benefiting their economy a lot.

And is it necessary to rain insult on them? Having interest in bitcoin is something of a choice and I believe everyone has reason for their actions. You are into bitcoin because you believe in it while they choose to remain reluctant because they're doubting its legitimacy. You don't have to force anyone to believe in what you believe in. Some people actually know about bitcoin but chose not to invest in it due to one or two reasons. It's their money and they have the right to do whatever they want with their money.

However, calling bitcoin a scam is where the problem comes because it spreads negativity about bitcoin and create fear in the mind of those who have no idea of what it is all about. In that case, you can educate them and defend bitcoin that's it's never a scam although there are scammers using bitcoin for their fraudulent activities just like it happens even in our traditional fiat system, but we have safety measures to keep one safe from falling for their traps. Never give anyone money to invest in bitcoin for you.
hero member
Activity: 2604
Merit: 816
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October 08, 2023, 02:24:13 AM
#36
If they were willing to learn about Bitcoin before investing, they would see that Bitcoin has nothing to do with the investment programs out there. When you decide to buy Bitcoin and it is already in your wallet, you don't need to send it anywhere but keep it in your wallet.

So if some people offer you huge profits by sending them Bitcoins, it is a scam and you should not join them. Such investment programs have existed since the early years of Bitcoin's release. But nowadays, they use other methods which remain the same as before. So you have to be careful if someone offers you to join the investment program.

You must keep the Bitcoin you already have in your wallet while waiting for the price increase. That's when you can sell your Bitcoin to take advantage.
full member
Activity: 266
Merit: 113
October 08, 2023, 02:20:03 AM
#35
The high rate of fraudulent people bringing investment ideas is too much. It's very difficult to believe someone bringing such ideas most especially when you can't really see much evidence that the person is financially stable to an extent.

People will easily believe you if they see an high financial return on your side from the said investment.
sr. member
Activity: 546
Merit: 274
October 07, 2023, 11:23:54 PM
#34
Bitcointalk isn’t an investment platform. This is a bitcoin forum where crypto enthusiasts mostly bitcoiners discuss about the crypto space. It’s normal for newbies to be skeptical when someone is trying to tell them of the internet money called bitcoin, I wouldn’t blame your friend if he is cautious. It’s not everyday you meet someone who wants to help you improve your finances without something in it for them.
Bitcoin is not only an investment platform, people outside the investment platform are now using Bitcoin in various ways. El Salvador is using Bitcoin as their country's alternative currency. Fearing that there may be an economic recession in the future, many people are now not keeping money in the bank and converting that money through Bitcoin because if an economic recession occurs, the bank will go bankrupt and if the bank goes bankrupt, a user will lose all the money in the bank. If you think bitcoin is best for investment then you can use bitcoin for investment and if you think bitcoin trading is more safe then you can use bitcoin for trading, if you think you will use bitcoin as savings. You can use Bitcoin as a means of saving.
sr. member
Activity: 490
Merit: 309
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October 07, 2023, 10:49:58 PM
#33
A person who is concerned with cryptocurrencies but is afraid of investing in Bitcoin I think is a stupid person. Because this bitcoin has gained a lot of popularity in today's society and people are earning a lot of money using bitcoin. People who invest bitcoin bitcoin never fear but boldly they hold bitcoin for long term, bitcoin is a digital asset that helps people to house the future. The future of Bitcoin is so bright that people are making money from Bitcoin for their livelihood, and investing in Bitcoin to brighten their future. Moreover when a person sees Bitcoin as a scam he is never a wise person, because those who will win Bitcoin as a negative in this present digital world are the biggest fools. Science is a popular currency this currency has the most fame in the virtual world and Bitcoin has accepted its approval in various countries, and people using this Bitcoin are benefiting their economy a lot.
hero member
Activity: 1582
Merit: 758
October 07, 2023, 07:42:08 PM
#32
You have plenty of others reasons to fear investing money, such as loss of capital, not yielding the desired results, or because it might seem too stressful to bother. What you mentioned isn't deemed as a fear anymore, as they're an abundance of exchanges, some of which are trusted and established that you have nothing to be afraid of. You don't even need to be cautious of fake platforms, because they're either so easy to spot or mostly due to the fact that all trusted exchanges are within a Google search.

You don't have to explain Bitcoin to everyone and expect them to accept it as something great, people are hesitant and sometimes prefer to avoid such situations due to their fear. It's easier to call something you don't know a scam, than to investigate it further.
full member
Activity: 994
Merit: 152
October 07, 2023, 07:37:30 PM
#31
In our modern society, the fear of being scammed by king pins and other fake platforms has made many people to loose interest in investing bitcoin.
This platform is to enlighten the society that there are real investment platforms and also people earn bitcoins for a living, so they should give it a try and invest so they can also earn and also when it comes to this particular fear I think the environment where one is actually staying also contributes to this fear because just the other I was actually explaining the basic essence of bitcoin to a friend and all he could even think of was that I want to basically scam him of his money of which he doesn’t even know that bitcoin is actually a currency on which people benefit wonderful opportunity like through savings.

I corrected a little, that bitcoin is not a platform. Bitcoin is the asset itself while the platform is where the service is based. So bitcoin is an asset like gold.

I think everything should be done with good knowledge. Investing in bitcoin also has big risks and without knowledge it will have fatal consequences. I know everyone here loves bitcoin, but when talking about bitcoin for investment we have to think deeper and have many considerations. I wouldn't dare recommend bitcoin to people who don't have a good knowledge of bitcoin, I would advise them to learn about it first
sr. member
Activity: 1638
Merit: 425
Cashback 15%
October 07, 2023, 06:22:00 PM
#30
Hello friends

In our modern society, the fear of being scammed by king pins and other fake platforms has made many people to loose interest in investing bitcoin.
This platform is to enlighten the society that there are real investment platforms and also people earn bitcoins for a living, so they should give it a try and invest so they can also earn and also when it comes to this particular fear I think the environment where one is actually staying also contributes to this fear because just the other I was actually explaining the basic essence of bitcoin to a friend and all he could even think of was that I want to basically scam him of his money of which he doesn’t even know that bitcoin is actually a currency on which people benefit wonderful opportunity like through savings.

I mean it was pretty normal that people think that Bitcoin is a big scam since its all over the news, this cryptocurrency and Bitcoin things are always related and link to a lot of illegal transactions and scam, so normally people are going to think that it is a big scam, If your friend thinking that you are going to scam him, probably your adjust doing it the wrong way because your not telling him to invest on here own and learn how to invest on cryptocurrency, or probably your the one whos want him to invest on you, that's why his having thoughts about it, I mean if your just encouraging him to invest on here own, he cant possible think that your going to scam him since hes just the one doing it, and your just encouraging him to invest on it right.

hero member
Activity: 1400
Merit: 655
Bitcoin is achievement
October 07, 2023, 06:12:10 PM
#29
Bitcointalk isn’t an investment platform. This is a bitcoin forum where crypto enthusiasts mostly bitcoiners discuss about the crypto space. It’s normal for newbies to be skeptical when someone is trying to tell them of the internet money called bitcoin, I wouldn’t blame your friend if he is cautious. It’s not everyday you meet someone who wants to help you improve your finances without something in it for them.
With bitcointalk forum you can learn how to invest your money in bitcoin through trading section and altcoins section, what I want us to comprehend is that, nothing in this forum that is not important, the main objective of creating this forum is to discuss the advantages and disadvantages of bitcoin and also all about the technology and the investment aspect of bitcoin, so this forum can teach whatever you wanted concerning cryptocurrencies
full member
Activity: 322
Merit: 185
October 07, 2023, 05:34:51 PM
#28
Just like most persons will say Bitcoin is more of a currency than a profit scheme, i also think that your friend has enough right to ask if it is a scam scheme since his still a newbie , it is left for you to enlighten him on how Bitcoin functions, let him see enough reason to invest in it, if after every trials and he still feels not wanting to partake then you do not need to force him, but hope he doesn't regret such action in the future. Let him know you have played your part as a friend when the time comes just after Bitcoin hits ATH

Even if its a currency I still believe that its still a profit scheme just that, it does not have a time or season you can start making that profit, normally you ask questions for what you don't understand, because of not asking question a lot of people have lost there money, they already believe to operate on the small knowledge they have, and while enlighten them about bitcoin starting from the basics is the best and also adding some practical will also help and I wonder how the first trail of investing in bitcoin will look like and the feeling and after that feeling then the market will be next to worry about.
sr. member
Activity: 224
Merit: 195
October 07, 2023, 05:11:56 PM
#27
Just like most persons will say Bitcoin is more of a currency than a profit scheme, i also think that your friend has enough right to ask if it is a scam scheme since his still a newbie , it is left for you to enlighten him on how Bitcoin functions, let him see enough reason to invest in it, if after every trials and he still feels not wanting to partake then you do not need to force him, but hope he doesn't regret such action in the future. Let him know you have played your part as a friend when the time comes just after Bitcoin hits ATH
legendary
Activity: 2310
Merit: 1076
zknodes.org
October 07, 2023, 02:25:26 PM
#26
Those people who lose interest because of fear of being scammed refer to Altcoin and not Bitcoin, and they don't want to learn and understand the main principles behind Bitcoin and cryptocurrency in general. They also lack knowledge about blockchain technology.
They also don't even understand how the cryptocurrency market works. Only referring to altcoins that are very risky and not referring to bitcoin which is the top coin and is very trusted. They want to get faster and more instant profits, but they forget to think about the risks. The fear of investment losses will arise when they start investing their money in altcoins that do not have good development and have more potential for scams.
full member
Activity: 1498
Merit: 132
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October 05, 2023, 07:34:57 PM
#25
In our modern society, the fear of being scammed by king pins and other fake platforms has made many people to loose interest in investing bitcoin.
This makes sense because investing in Bitcoin is of course still risky, even though in fact all investments definitely contain risks, it's just that many people think that investing in Bitcoin has a higher risk. Especially if they really don't understand Bitcoin and how to invest wisely. there will definitely be fear and worry when they put money into investing in Bitcoin. Especially if they hear of more and more cases of scams or large losses due to investing in Bitcoin, even though in reality it happened because of the mistakes of these novice investors, not Bitcoin's fault. because for people who really understand Bitcoin, we can understand how to optimize the benefits of investing in Bitcoin. without doubt and also with good enough knowledge, we can manage our finances, manage the risks and can also manage our emotions when we invest in Bitcoin without being too greedy so that we can be more realistic in expecting the results. not as investing in Bitcoin to Get Rich Quick or get money instantly.
legendary
Activity: 2898
Merit: 1152
October 05, 2023, 07:28:12 PM
#24
Hello friends

In our modern society, the fear of being scammed by king pins and other fake platforms has made many people to loose interest in investing bitcoin.
This platform is to enlighten the society that there are real investment platforms and also people earn bitcoins for a living, so they should give it a try and invest so they can also earn and also when it comes to this particular fear I think the environment where one is actually staying also contributes to this fear because just the other I was actually explaining the basic essence of bitcoin to a friend and all he could even think of was that I want to basically scam him of his money of which he doesn’t even know that bitcoin is actually a currency on which people benefit wonderful opportunity like through savings.

This is the reason why a person must do his own diligent research when investing.  Learning about their investment, they are able to determine if the investment is a scam or not.  Aside from that, if they fail to learn about the truth about Bitcoin, they are missing out on possible profit.  Since only one thing will emerge if someone research Bitcoin and that is investing in Bitcoin is somehow in a profitable trend even though it is highly volatile.

Aside from that, if they had done their research, they will know that Bitcoin is not controlled by any centralized authority thus, those who were scammed investing in Bitcoin is not scammed by Bitcoin but rather by the third party company that intend to scam investors of their money.
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