You know when people are not oriented or lack knowledge on anything they begin to call it with any kind of name, but bitcoin is no where to be consider as ponzi because it's operations is different from ponzi scheme.
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When their investments starts to dip, that is the reason they call cryptocurrency a ponzi scheme without knowing the modus operandi of cryptocurrencies investment.Laughs, I laugh those kind of people who invest around BTC and expect such kind of increment with in two days cos they'll shout when their investment is dipping down.
You're simply correct. Humans doesn't give positive remark when things aren't favouring them be it their fault or not. That's just the case with the newbie traders that lost funds trading Cryptocurrency without experience.When their investments starts to dip, that is the reason they call cryptocurrency a ponzi scheme without knowing the modus operandi of cryptocurrencies investment.
My first investment in cryptocurrency doesn't really favors me despite I was introduced to it by someone yet I do not blame him rather I blame myself for not to have done my own research on the investment.You're simply correct. Humans doesn't give positive remark when things aren't favouring them be it their fault or not. That's just the case with the newbie traders that lost funds trading Cryptocurrency without experience.
I love your manner of not blaming who took you onto Cryptocurrency investment. Rather you centred the blame to yourself cos you failed to make deep researches on your own. The time is not late, you can still make profit when the coins make U-turn.My first investment in cryptocurrency doesn't really favors me despite I was introduced to it by someone yet I do not blame him rather I blame myself for not to have done my own research on the investment.
I don't think bitcoin is a ponzi scheme, it is not a make-it-quick scheme either.Many critics, detractors and anti-Bitcoin out there think that Bitcoin is a ponzi scheme for no apparent reason / argument. Ponzi schemes are a fraudulent mode that relies on money from new members to pay off previous members. We know Bitcoin has its advantages and disadvantages, but I personally don't agree if Bitcoin is said to be a ponzi scheme because no one can cheat Bitcoin transactions, even though Bitcoin holders or investors will be able to gain or lose, What do you think, do you agree if Bitcoin said to be a ponzi scheme, and what is your reason ?.
Haha that's true though, if Bitcoin where to be a Ponzi scheme, I think it would have closed down over two years ago or even more. Though there are still alot of persons who still do not trust Bitcoin cash they can't see or touch it and they simply don't understand it.Bitcoin is never a ponzi scheme , I am sure that if it's a ponzi scheme no one would be able to benefit from it as it would have gone extinct ,so it's not a ponzi scheme ,but a legit way to earn online