Even if you do that there are still too many people that can scam you without knowing their identity and the only time you know you are scammed is why you realized that your money is already gone. Scammers are learning new ways to scam people and specially people who do not know entirely what the cryptocurrency market is or any other market that the scammers present to us and the only way we can avoid being scammed is through being meticulous in every information that they provide.

A lot of newer investors get confused on what bitcoin is and the ponzi schemes that uses bitcoins are as a means of payment.In the end, it gives bitcoin a bad reputation for those who cannot distinguish the fact.

Yeah you are right, some people are making bitcoin looks a ponzi scheme because of scammers that are roaming around, not only in the Philippines but worldwide. They make use of bitcoin to scam others by means of investment. Me also had been scammed before by sites that promise to double your bitcoin/money for short time.

Bitcoin is only used by these swindlers. I think bitcoin is good. This is not a problem.

This is true. I've seen lots of adverts promising of a stricter method and stuff. Lol and funny enough some people will fall again for these scams. Wish there were ways to ban all these from duping innocent victims.

the people who were deceived are guilty of it. so do not worry. they will still return to bitcoin

The first joiners do not benefit from Ponzi schemes. Those who manage to get out before it crashes are the only ones who benefit. And legally, they may not benefit too, because it still will be possible to claw back returns.
The only ones who truly benefit are the ponzi operators, who usually disappear overnight.

People are getting scammed by HYIP daily and yet failed to learn. High Yield Investment Platform (HYIP) has been on the increase for some time and so many people have been attracted to it buy the outrageous interest promised. The people who get trapped by this planned scam are the ones looking to get rich overnight.

Recently, i increasingly notice that when the phase of the market is changing, more and more new scam projects are starting to appear. When the ratio becomes 9 to 1, the market begins to change and grow again. I think that we will see this every time, because it is logically correct. Growth will be only when most people stop believing in further positive events, but meanwhile we are witnessing a new wave of growth and earning tokens.