NO COINER CHARACTERISTIC
Criminal tool from the underground, not backed by anything, not applicable to use anywhere, until today no real currency, much too volatility and in general - what is that supposed to be anyway - a "virtual coin" - and who really needs it?
As early as 2014, Warren Buffett made it clear what speaks against the crypto currency called Bitcoin in his view: "Stay away from it. It's a mirage." And if Warren Buffett, as a major investor, says this, then it must be true. And you follow those voices because after all, they have proven success over and over.
You also heard from your cousin's friend that he lost a lot of money on Bitcoin.
You don't like to lose money.
You prefer to rely on conventional, well-known, safer investments for your money - the visionary work - and the eventual "getting fucked up" can be done by others.
STRENGHTS AND WEAKNESSES
Relies on "tried and tested"
no "bad" surprises
planned and foreseeable income
Often misses "waves" and opportunities
Return is limited
no or little room for flexibility
difficult to react to sudden changes
TIPS & TRICKS
Every now and then step outside your comfort zone and try a new way
Stay informed and up-to-date on new developments
Acquire knowledge & read out facts
set aside a small amount of capital for "experiments