spot on, tools don't have morals n that, it's all down to how u wield 'em. getting rattled by those tg scams or a sudden price dump is totally normal when u're first starting out since it proper puts the fear up u. long as u zoom out and look at the bigger picture, all that short-term chop stops being such a headache.
Exactly as a bitcoin newbie if you are not very careful you would get scam by Telegram fraudsters who operate in ring, of course they offered outrageous rate, that is one of the Red flag unfortunately due to greediness many newbies felled into their trap, I mean exchanging bitcoin to fiat transacting via telegram, one of scammers would serves as escrow while thinking that you are dealing with real traders once you sent your coin you would be outrightly blocked and kicked out, those are the scammers and fraudsters who paint bitcoin in a bad light, however there are a lot of bright side in adopting bitcoin particular as a means of investment, transaction purposes, hodling as savings in a wallet instead of saving fiat in a bank, etc I believe all those good features outweighed purpose by which scammers utilized bitcoin to defraud people.
In fact, there are quite a lot of scams designed to trick people into giving away their money, even without taking bitcoin into account. Bitcoin, just like any other asset, can also be used for fraud. Some scammers specialize in bitcoin, while others target personal data, which they can use to take out huge amounts of loans in someone elses name. Others focus on various fiat currency transactions. I think wherever human greed and a moment of carelessness can be exploited, there will always be people who try to profit from it through deception.
