Positive comments from bitcoin today have indeed become an attraction for beginners but those people do not understand how bitcoin works, they are only tempted by the benefits, one thing I want to say is before investing somewhere especially in volatile assets like bitcoin we must learn about how to make a profit and what needs to be remembered is that making a profit from bitcoin takes a long time. There is no shortcut to getting rich.

The media does as per what the governments want them. Good news in times of high prices and bad news during the stagnant times like at present.

For someone new to crypto, a bigger picture explanation is necessary. How the market has moved over the years since it was started and how new affects the market or not. No one should think that bitcoin is a cult and is being inorganically being inflated in price for suckers to buy at high.

For this reason keep the talk neutral even if it means the person in front of you might move away - they will come back sometime in future.

People prioritize the potential benefits they are to get from bitcoin than anything they would need to hear or know about bitcoin. And so they neglect the risk aspect which is a complimentary part of any investment assets to which bitcoin isn't different. Because there's no investment with a risk. Their ignorance from not learning about the risk aspect makes them lack the technical know-how to navigate through and what right decisions to take at bad market periods after they have invested base on the only the positive of bitcoin they're aware of.

If we compare the risk of other cryptocurrencies you are very correct because unlike altcoins bitcoin is less volatile asset and has over the years proven to be trusted asset to bank on for as long as the investor can be able to hodl on to. But nevertheless, having a comprehensive knowledge on both ends about bitcoin can be much helpful for a newbie investors in knowing how to take advantage of bad markets (dips) instead of expressing fears.

Summary Do not tell people who has not invested on Bitcoin only the positive side of Bitcoin investment, also give them or tell them the more of the negative of Bitcoin, let them know that price of Bitcoin is not constant it always fluctuating, so that they will not having such mind of becoming rich they have invested in Bitcoin with a short time.

If we compare the risk of other cryptocurrencies you are very correct because unlike altcoins bitcoin is less volatile asset and has over the years proven to be trusted asset to bank on for as long as the investor can be able to hodl on to. But nevertheless, having a comprehensive knowledge on both ends about bitcoin can be much helpful for a newbie investors in knowing how to take advantage of bad markets (dips) instead of expressing fears.

...because I was in a Bar taking some bottles...

Summary Do not tell people who has not invested on Bitcoin only the positive side of Bitcoin investment, also give them or tell them the more of the negative of Bitcoin, let them know that price of Bitcoin is not constant it always fluctuating, so that they will not having such mind of becoming rich they have invested in Bitcoin with a short time.

They're some misconceptions beginners in cryptocurrency investment especially Bitcoin normally do and also think during investing in bitcoins, especially people that has not invested in cryptocurrency before,  some people think that immediately you venture into bitcoins investment you're rich, but such concept or ideology is not real..



I want us to let our siblings, loves one's know the advantages and disadvantages of investing in bitcoins, before they venture into cryptocurrency investment especially Bitcoin...because I was in a Bar taking some bottles, a woman came, she starting complaining to her friend how one of her lured her to invest on Bitcoin during the time bitcoins hits hundreds thousands [100k] and after investing in bitcoins at 100k price, then bitcoins price began to fall, to the extent that price of Bitcoin currently is at eighty-four thousands [84k]

So the woman that informed her of Bitcoin investment brainwashed her with motivational hopes of doubling what she invested within one week, so obviously the woman thought that she has become rich after she invested on Bitcoin.

Summary Do not tell people who has not invested on Bitcoin only the positive side of Bitcoin investment, also give them or tell them the more of the negative of Bitcoin, let them know that price of Bitcoin is not constant it always fluctuating, so that they will not having such mind of becoming rich they have invested in Bitcoin with a short time.