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.
I think in terms of investment in Bitcoin, anybody who probably want to preach the good gospel of Bitcoin investment to anybody, should do well to always highlight the risk factors that are involved, because hence you make analysis telling them of how volatile the market can be most times and you also go ahead to tell them the profit they can get upon them being patient and going through the storm, then you'll be giving a balance analysis for anybody that would have the mind to invest.
the damage that is always been done to newbies is the fact that most of the persons that convince them to invest in Bitcoin or probably any other cryptocurrency at all, don't give them balance analysis as they are always one sided and making a gloomy explanation of a profit margin upon investment, that is why some experts of today in Bitcoin investment will always tell you that they were one time victims of those kind of situation, hence if they are bringing anybody on-board, they will painstakingly explain the rigorous processes that is involved and how patient you will have to be as an investor to watch your profit grow gradually.