Is Bitcoin A Scam Project?

While the sharp decline in the cryptocurrency market for more than a year continues, one of the questions that come to many people's minds is whether bitcoin and altcoins are fake assets. It is natural for this question to come to mind. Because crypto assets are extremely risky and very dangerous investment tools that can swallow all the money in the hands of people who do not know the business. Whether it is an investment vehicle or not is a separate discussion topic. Because it is a complex situation how long-term investment can be a system whose value can be changed in seconds by a single or a few people and often depreciates.

On the other hand, there are some investors who add wealth to their wealth thanks to crypto assets. But there are few winners compared to the losers. In fact, while the crypto market is a system that progresses well in the style of the stock market and loses its value in a reasonable way and gains in value at a reasonable level, the market has largely turned into a fraud system with the introduction of a few vigilant famous people who have their eyes on the money in the hands of the investors. Because everyone knows the name of a system that constantly loses.

Those who were patient certainly won. But what kind of end awaits this time around is also unknown. First, the pandemic was used as an excuse. Then China sanctions. And in the end, the market became largely worthless under the pretext of inflation and war. Because this time, the patient part was too much. They had to somehow eliminate them. The interesting thing is that they do it on show. Somehow they find an excuse for bitcoin and altcoins to fall.

So what is the result?

The result is actually known to everyone. The result is that many investors, unfortunately, became pessimistic and sold all their coins at a loss and turned to other investment tools. Some may have recovered from their loss. However, how logical it is for people who lost ninety percent of their money to do such a thing is a matter open to discussion. While it will be positive for those who have good luck, the situation will be the same for those who are unlucky. Whatever it is to do, there is a fact that this market is run by one or many people and their aim is to make sure they get rich. That's why it's important to be alert and aware of what's going on. Of course, the most important thing is to act wisely and avoid big risks. As long as you act logically, the profit will find you somehow.

You can discuss and exchange ideas about the subject by writing your opinions about cryptocurrencies in the comment section. Have a nice time :)