Is Bitcoin a pyramid scheme?

[Trader_Rob]

We cannot blame them. Some people introduce Bitcoin to trick other people for money. They represent themselves as a financial expert. Some of them are using fake ledger to convince the poor soul to invest for him/her.

That is true. I too, have almost become a victim. If I did not do my own research and really learned deeply about cryptocurrency, I probably would have been scammed and would abhor crypto coins now. Thankfully, I was able to have a decent start in this industry.

[Aya]

That is true. I too, have almost become a victim. If I did not do my own research and really learned deeply about cryptocurrency, I probably would have been scammed and would abhor crypto coins now. Thankfully, I was able to have a decent start in this industry.

That's good to hear. Definitely, the cryptocurrency market is not a pyramid scheme. Not at all! But we also cannot deny the fact that there are many fraud companies. This is what we should be wary of.

[Sendo12]

That's good to hear. Definitely, the cryptocurrency market is not a pyramid scheme. Not at all! But we also cannot deny the fact that there are many fraud companies. This is what we should be wary of.

That's right. We don't profit from Bitcoin by bringing in new traders and getting commission from their profit. That is not how this works at all. We profit through our trades.