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by MrScruff 385 days ago
I have a few friends who've done well out of crypto, and they seem to struggle to follow your advice. I think the success they have with it also gives them a false sense of confidence, like they know what they're doing, rather than bzzzzzt number goes up.

One of them was defrauded of their entire savings, and only discovered at the point where they needed it as a deposit on a house. The person had spent over a year worming their way into their confidence (not just online), and was regarded as a good friend. They managed to convince them over a long period of time that it was safer for them (as a financial advisor) to manage their funds for them. Once the wallet was out of her control, the 'friend' disappeared entirely.