In my early days in earning bitcoin worst moment is still in my destiny because I will always scam by ponzi site but I never learned. He he. Bitcoib is a matter of risking your hardwork money to just get your money grow and get more profit but time by time my skills are improving and I can say I can get money now I mean I get profit.
HYIP or ponzi was indeed a major problem or something that is very much in circulation in the bitcoin. And also most beginners use ponzi hyips or alternatively folded duplicate bitcoin, it is certainly very huge risk, because if the affected user is bitcoin who have thought less rational. Most likely he will make bad news and hates bitcoin until whenever
people that are pumping money into obvious scams are seriously stupid. these people support them to continue their activities as with their money they can "pay out" new victims to make it look like they are legit. it's basically you destroying your own capital...
Exactly but I think people who are new to the industry are not aware about the scams happening around and that is the reason they get attracted towards and put their money in those sites.
there will always be newbies that blindly invest their money into something, but even when you're new, then you can still feel that certain things look too good to be true. greed takes over people and make them take bad decisions unfortunately.
