Bitcoin Forum

Please stop your whining here if your friend dont know nothing about blockchain and crypto then teach him so he can be independent

Don't let them invest in what they don't know about

how can you invest into somthing if you have no clue about what are you investing in at first place or is just about 21st century beg??

Most people will invest in anything when they hear something that can make money, they wouldnt bother how the system works. Greediness is the reason why people invest even if they don't know what is it about.

That is why pained when I later see them whining left to right trying to tell everyone about their loss all on the name to get some sympathy or comfort, I rather not hear them since they did not bother to seek my knowledge befor investing

This is basically why many people get scammed, they enter this space thinking they will make money and get rich overnight, i have seen few people from india that posts their wallet recovery seed on telegram thinking thats how they will get free coins, it shows they don't no a thing about how wallets work, no one showed me anything when i knew what bitcoin is but i spend time on researches how it works before i start my practical journey

Investing in portofolio that didnt know anything was suicide.we will easily loss our money in place that we dont know how it work and who is the market participants.maybe .we walk like a blind man in the dark, we have no information that will guided us to achieved our purpose on it. We know, recently we were very difficult when we want to earn money, so dont put our money to dark market.

I will not invest in something that does not have a clue about it. I think it's very risky if you decide to invest. Research before investing is the best way to start doing it. Even the project looks very promising, I will look for more information about the project. If there is still no information, I will skip it.

If there are no regulations that tighten and reduce fraud, we must analyze ourselves about the project that will be followed. The development of fake projects that harm many people is growing very quickly. This also makes altcoin become rubbish because many people do not believe anymore in new projects that are being developed.

People who invite His/Her Friend to invest in something they are don't know, mostly invest in project promises high return which is their friends will interest to join e.g bitconnect, DDK (Dinar Dirham Koin). Many of them didnot care about how to educated crypto, blockchain or even the investment they joined, they only care about the return, how much money can earn from investment.

knowledge is power like they say and to gain knowledge about something you must be willing to learn, even if i want to invest on something i will first learn about it, probably it might not be for me so its only a stupid person that will invest in something they know nothing about

When money talks, even friends or family members refused to listen and be taught.

Here's what happens to some people who are thinking about profits and quick returns, "invest now even if they have little idea, get rekt, then learn from the hard lesson".

it's all just because of FOMO ...
I think everyone who invests in cryptocurrency already has basic knowledge to judge whether the project is good or not. but sometimes they seem to forget about it, because they are too greedy. usually they are too pushy to invest despite knowing it's too late. and when they buy some then the price falls. this is what most people often do.

People are only seeing from the testimony that created by another person if that person can make instant profit easily. In additional, the newcomers are lack of the knowledge about how the crypto market works today, dude.
People needs more education but we know that so many shillers in the cryptocurrency that always gives fake opinion about any project.
What they need to know how to get the best source to learn about that. There are some best places to get a lot of information and knowledge about crypto but the question is do they know it?
But I thought everyone must not to not invest in a project that they don't know about.
The main problem is how to spread this kind of awareness when at the same time know that there was a lot of limitation for us to do that?
But this is a very interesting thing to be discussed.

There are also people that invest in cryptocurrency because they want to follow the trend without bothering how the system and market works. Conventional traders are investing in cryptocurrency too but because they do not know how the market works, they ended up losing their capital and whining saying cryptocurrency is a Ponzi scheme.
I have seen so many people whining because they are losing their money.

During invest time new investors doesn't research well even don't know where they invest. This is the top reasons to get scammed. If your research is right than legit project could return your money if unsuccessful to get funds rise. I will not involve or invest without knowing anything.

yes you're right, sometimes they won't listen to what we say just because of money. they don't care even though we said it was wrong. and finally they failed, but that was not the case. many people are like this, but don't want to learn. they keep repeating the same mistakes over and over again. I always tell my friends before they buy or invest in ICO/IEO. but mostly they just laugh at me because what I say doesn't agree with him.

It entirely depends on the risk taking capability of an individual.  If someone has higher risk appetite, they may go ahead and invest in an absolutely new asset which they know nothing about it!

On the other hand, low risk apetite people, may not invest in anything new! It's not about only cryptos but anything!

So investment decision ususlly occurs based on an individual's risk appetite! Learning can happen simalteniously and gradually!

You shouldn't have to teach him anything. Unless he has an IQ below average, he should be able to do his own research and gather the necessary information about those topics without relying on someone else, otherwise, he or anyone else will blame you if if they end up losing his money or making some mistake.

I can give them some advices, but at the end of the day, people can do whatever they want with their money.

Ever heard of the words "ignorance" or "greed"? Those are some of the most common words you'd use to describe someone who does what you described. Tbh, my favorite one is "stupidity".

I'm not sure what you mean by this part, perhaps you could explain.

One doesn't need to understand bitcoin or blockchain technology in order to invest in crypto, and I'm sure a lot of people do so without knowing exactly how all of it works.  The average person doesn't have the math or computer background to have a deep understanding of it.  But the most important thing about bitcoin (and alts) is that it's a form of money that does not depend on banks or gov'ts in order for it to function.  If one can grasp the importance of those facts, that should be enough.

If you're speaking of ico's, I would agree with you.  You ought to understand what a project is *trying* to do before investing in it, because most are not well thought out at all and you can easily predict which ones won't succeed and probably which ones are pure scams.  But crypto in general?  Nah.

You do not need to bother, most importantly if you have wise advice then use or teach your friends who do not understand about crypto. most users have their own way of investing in crypto, so if you are a wise investor you will certainly know how to put money safely in this investment.

Investing what they don't know is ridiculous, friend.
In every project that they will invest in, they must know the purpose of the product in the future, don't just get rich quickly by not having an instant method, remember that many projects are developing now, but scamers are always there so you invest in popular coins. it would be better, if in a new project there must be examined further because it concerns your assets.

People may try to invest without knowing when they hear good about it in youtube. Bitconnect is one example of the project where people tend to see it good when the truth it isn't. The victims don't know anything about the project but because it sends out dividends to the holders, investors rush in to buy the coin.  There are also investors who are just trying to win few bucks to the coins being pumped. They know nothing to the project but when they see green, they buy. It happens regularly and I was just one of those who invest to it years ago.

I am a little disagree with this, the most appropriate does not need to be an expert in the blockchain or crypto, but at least you must understand how crypto works and also the market, so it is not easy to be fooled with friends who invite to invest.

sometimes as investor works on decision with appeals as expending uses on customs with casual basics on technical competence the return helps on entrance as might to follows on release with option to gains with shifts as expecting of more on offers with the higher stages of compliance.

I have an article here that explains https://bitcointalk.org/index.php?topic=5196412.msg52897407#msg52897407

People should first understand what they are investing in before investing what they can afford to lose, these are the two rules that must govern every investor.
People should just ignore what people are saying on what coins to invest, learn the basis and the advance course of investing in crypto and you will never be misled.

,
You just brought it all put in a summary, i so much get disappointed in those who taught they are playing smart but end up been the dumbest on the block, oh really so sad

Very true, if you want a more secure and assurance to your investment or trade better know the details
Do not be greedy do not listen to sweet words and promises of big returns.

Often they invest because of the high returns they receive. But they don't look at the risk they can face, so scammers can easily fool them. And it's also our fault sometimes that we teach them to invest in such hyips because we want to make a big profit. This is the truth, we must teach them what to do and avoid so that they are well aware of the crypto currency and can no longer be victims of scams.

The statement is clear enough to send the message. Why bother to force someone to invest with something that they know nothing of? It's just common sense and practicality. If you want to invite someone or teach someone with opportunities that you acquired, it's always a must to allow them to learn everything first before convincing them to put money for investment. It's your obligation to make sure that he knows what he's doing about his investment so won't rely to you from time to time.

You are right, but it is very difficult to get rid of the greedy nature that often arises when given the promise of high profits, such as the ICO or altcoin hype at that time. Many newcomers are trapped and suffer losses due to carelessness and do not know about their investment.

Therefore a community is the right place to learn and share experiences or knowledge to make us better and wiser in investing.

This is the era of the internet, dude. as if the scammers will be more free again in finding the victim. It's funny if there are people who are too greedy and then whine because of investment without understanding the project system. greedy people like people who do not have a brain in my opinion, the average greedy person will not think in the future and only money in his mind. I think it's a matter of greed. Logical people definitely prefer to understand first.

I personally will not invest in something. I know nothing about it because it is very risky at all, it will make us hit by a scam
or experience losses. But if there really are people who want to invest in something they know nothing about it purely because
they are lazy to learn the project, FOMO, or greed so you can't think of logic. Usually these people end up being victims of scammers.

Indeed. It is hard to take risk in something that you don't have any idea because you could lose a lot of money to it, that is why if some of my friends starts to ask me about investing or buying cryptocurrencies, i try to explain to them the things that they should know about blockchain technology and cryptocurrency for them not to be ignorant and for them to avoid getting scam.

Most people invest in their cars, but have no ideas how they  work under the hood. How is possible they pout fuel in and then press pedals and it drives them wherever they want.  Amazing!

Don't know about long time investors, but sometimes holding something a week for a swing trade can be very profitable with a right looking chart. It's actually easier to execute sell orders when you don't have any delusions about the company or feelings towards their fundamentals. And i understand that perfectly, i've made profitable sells with something i didn't even care to own.

You must train yourself to be psychologically calm in order to invest when investing because of the greedy nature is very disturbing when doing research. therefore you must study the project thoroughly in order to find out about the project that you are investing so that you can benefit from the results of your own research

One mistake that is often made by many people is: investing only because of the trend. We know that cryptocurrency has grown in popularity since the price of bitcoin peaked in 2017. Remember, there is no instant success, all need a process to get the best. Moreover, cryptocurrency is quite complicated for beginners, you should really study this ecosystem, you can't if you just follow trends and luck.

Yes, if we do not understand the risks, we cannot determine strategic steps to reduce the impact of these risks. All will end in vain and they may be blamed and consider cryptocurrency dangerous. So, let's pay more attention to what we do, and share information and educate those closest to us so we don't get caught up in fraud.

Then try to influence and teach them about cryptocurrency and blockchain technology for you to influence them and make an investments in crypto. As usual people will not invest on something that they don't know about or even don't have any idea on how they will earn money, they will just think it in a negative way if you did not teach them, right? So for them to invest they must know first on what they are investing by teaching them and influencing them.

I usually educate the people I introduce to crypto properly, starting with the risk involved in crypto investment owing to the volatile nature of cryptocurrencies. I've seen a lot of "cry babies" who probably invested in crypto having big dreams of "getting rich quick" with their investments, and probably got disappointed along the line. The blame should be put more on those who introduce people to crypto investment without properly educating them.

The big question should be; why will someone even invest in crypto without understanding the risk involved? It's funny how people only think about the positive aspects of investing in crypto, without putting into consideration the negative outcomes. No one should invest in something they don't have good knowledge about, it's that simple.  

One of the main problems of crypto investors is greed. Many people stop analyzing projects in pursuit of profit. Everyone wants to make money, but not everyone wants to spend time researching a project. We should all be careful when choosing a project for investment.

why will you even think of investing in something you have no knowledge about in the first place? Well, greed can only be the reason that will make someone invest in something without researching or reading anything about it. If you are an investor and you invest in anything without gaining some level of knowledge and understanding regarding the way the thing is, you just make yourself vulnerable to losing huge amount of investment capital. It is a bad practice to invest in something without knowing anything about it.

Most of the people who are investing are investing in things they dont understand fully, that goes also for traditional stock investments where people give money to managers who then distribute it over many stocks. The only thing new people would nee to know is to be aware of huge risks with  ICOs.

Especially when the market begins to grow, everyone is immediately inspired and expect that now they will earn. But it doesn’t happen that everyone right away only EARNS money. In any case, someone will earn, and someone will lose. All risks must be considered.

every investment must have the ability to manage the funds owned as an analysis in every part of the project. so when unable to do the analysis you should not do it first but start to learn how to do research and conduct experiments with small funds

i dont believe if there are many people who are likes you said, many people would have the knowledge first before do any investing
but we must understand that investing in crypto has very big chance to lose money because of its characteristic (volality, unregulated, high profit high return)
so, it makes sense if many people still lose their money even if they already have knowledge about it

Even if the information is almost everywhere, some people still find it hard to sip information and make good use of them. Reading seems to be difficult to some. Perhaps because it saps their energy, which is quite different from my notion and believe about it.
What you know, no one can take it from you. So study the project you see and make sure you ask questions on what you do not understand.

There are additionally individuals that put resources into cryptocurrency since they need to pursue the pattern without disturbing how the framework and market functions. Traditional traders are investing in cryptocurrency as well but since they don't have the foggiest idea how the market functions, they wound up losing their capital and whimpering saying cryptocurrency is a get rich quick scheme.

I have seen such a large number of individuals whimpering in light of the fact that they are losing their cash

Mostly people are misguided and enticed for quick gains and massive profits and the new investor accepts the offer out of greed without even knowing the technicals or basics even, such a friend who is suggesting to invest is more of after his own personal gains or profits that is the only reason he is luring his friend to invest, we know that many projects offer referral comissions, while many big exchanges also have such programs, so making money as comission from someone else's money is very easy task than putting your own money in that is why many people do this.

People have heard that investing in cryptocurrency is profitable, so they are in a hurry to invest their money in everything. However, it seems to me that there are not so many such people now, because ICO is no longer so popular. But the main reason is still that everyone wants to make a profit and at the same time do nothing.

I am not that sure whether someone will invest into something that they have no clue what is that project all about. If someone will do this, I guess they didn't have problem in money or they are doing it only as their past time.

All my friends are not like this so I have no problem with it as I told them first to study the crypto market before they will start to invest. I always give them clue and they will be the one to continue the research so they will be independent in the future.

i agree with you, people who told their friend about crypto must teach him, or give their friend a little educations about crypto,,
then don't let their friend invest on any crypto before doing a deep research.
regards

There are people that are like that. They dont care of what would be the result of it and just told them to invest because they think that they will ever had the same results.

Telling them to invest and if you promised them that they will be earning, the wrong part is with you telling them that they have an insured profit with cryptos in general.

That's true, but there are many projects just badly executed, which means that while the idea was decent, the intentions were too, but it just didn't end up getting anywhere because of incompetence.

People are too quickly labelling everything as a scam, while there is way more going on within the crypto space than just scammers waiting for a victim.... losing money sucks, but is not a reason to call a project a scam.

Outside the crypto space there are a lot of new found businesses failing too, either because of incompetence or there simply wasn't enough demand for what they were selling.

I would never invest in something I have no clue about, It is an excellent way to lose the very shirt off of your back. I would have to thoroughly research the potential investment first and make sure to practice my due diligence, not let my emotions get in the way which leads to making unnecessary mistakes.
   The best way to take on a new venture is to educate yourself upon the matter first, then decide whether or not if it's worth undertaking!
 
  Just my two cents!

because of the popularity when the project gets a big promotion by those who actually don't know the actual project too, with so many promotions there are at least a lot of people who later become FOMO without doing in-depth research, cases like this have happened repeatedly and nothing can be prevent them before they have lose and at that moment they will realize if indeed  they want to think

Funny dude. Sarcasm.

Actually, that's the reason why someone is investing into something despite of lack of knowledge into it. They tend to be influenced by other people by means of popularity, hype, and factors of the likes. Since they are aiming into profit, they will only look into single perspective which is profit. They would disregard the risk especially if other people are also doing the same thing. Their mindset would be the same with others'. Educating them would help but the influence of the majority would still be a bigger factor.

I always do research before investing in any coin or project. I don't see how you can invest in something you don't know.

There is no need to teach anything to anyone. The blockchain will attract more people if you let it grow by itself but if you try to teach something to someone then people think that you are trying to brain wash them and may indulge in something that can put them in trouble so i don't teach anything to anyone unless someone asks for it.

This is funny. Who on earth wanna buy an unknown item? Just like in crypto, who wants to invest in an unknown coin? This is why self awareness, research and knowledge are the basic things that we should do in terms of investing. Also, if a particular investment works for you, doesn't necessarily mean that it will gonna work to your friend too. It's hard to force a friend to do the same if he/she lose an interest or had a lack of knowledge to a certain thing.

I only have one advice before investing.
DYOR. DYOR.
It helps a lot. I assure you.

Some people are dumb enough to just blatantly trusting someone that says a certain project will give dreamy return in a short period amount of time.
It's definitely a normal case in most of the countries and could explain why such scammy project still got quite the money from people.
However, it's still unbelievable that sometimes greedines could overthrow logic and common sense. Just see why there are still ponzi and multi level marketing until now? Those kind of thing still exist because people are just too dumb to realize that such a thing is just a stupid pyramid scheme.

It's because of the hype associated with a particular investment. If everyone is talking about it, of course they will have fear of missing out and instantly buys into it even without learning about its background. And when they lose instead of profiting, they'll think of bitcoin as a scam, when in fact, it's just the nature of bitcoin. It's trend is hard to predict and anything could happen in just a matter of few hours. And we can't prevent these from happening, hype will always be there and there'll be always someone innocent going with the FOMO.

Well, it is not a good practice to invest blindly, thus invest without knowing anything about the project especially in crypto space. Since not all the projects can be trusted because some turn out to be scam whereas others end up to be unsuccessful, it is good to read and study well about the project in order to have a fair idea on its authenticity and potentials.

We have so many people like that, their only motivation is profit, they don't even know the technology behind it, it happens because they first discovered that there is huge profit to be made from investing in Cryptocurrency, so they keep looking for new coins in the hope that they make huge profit from being an early investor.

Accepted, that is why one will always have to acess his or ger risks regardless, there are calculaed risks and its fair if you have info about a project or product you can take the calculations, but without any prior info is just like following the masses or even the few

The lazy and greedy man will always do all the above without considering the consequences, he will later start whining uo and down on social media saying unexpected stories about the project thinking he is exposing them yet he is actually tellimg people how bad his decisions are

Only a fool wants to put his money in a project that he doesn't know or understand at all. Most of these people only go along when their friends look successful in having a lot of money because of the results of crypto investments. So what they see is how much money is not what the project is.
Personally, I prefer to teach them how to fill airdrops or bounties. With this they will gradually understand how the crypto world works. Because they will definitely dig up information continuously about crypto.

If me, personally i wouldn't do that. But there are a lot of people who invest in ICO only because of see the project promoted by influencer. Like when famous people promote it, the project usually get a lot of investor. And in a time ago, we can see some project make famous people to endorse them. And then project can end their sale faster than usual. It is not resisted, if people who don't really know about the product, invest because something like that.

Many people invest on something that they didn't know because they be given by people a lot of profits in a short time.
Sometimes maybe really got the profits, but they always greedy to invest more and hoping for multiple profits.
But in the end their assets is gone. So for everyone we really need to find out the bussiness process about what we will invest and becoming a not greedy person to reach success

This is the habit of the newbies or the people who are greedy to make their money grow faster than other investment vehicle. Those type of people are the ones who let their emotions eat their critical thinking in terms of decision making and at the end of the day, they lose their hard earned money because of their greediness. It is a must to do research or study what the investment is about so you can really see if the investment is worth it to pursue or not.

I also don't understand why many people invite their friends to invest in projects that they don't know at all, even though their friends have not learned about the project but seem to be forced by other friends. I hope you don't do the same thing, because in investing we must be smart in choosing. If we make the wrong decision, then the money we have is lost instead of increasing.

Actually this has a negative impact on cryptocurrency because those who feel they have been cheated will incite new people not to invest because they feel cheated or disadvantaged, in fact it is their own fault due to greed and carelessness who ambition to get big profits on the wrong project and ultimately disadvantaged because they are not based on knowledge and investigation before investing.

actually investing in crypto is profitable if the investor is good at investing smart utilizing every opportunity to get profits and any investment is always related to risk and we can only reduce the risk of loss that we will get in investing capital is mainly confidence and patience

Most of the times, I have a friends that didn't really want even to know what cryptocurrency is, until such time they see me with interfaces that they couldn't understand. I word in silent because I believe that words are not enough to convince people so I show them the trading platform. Their reaction isn't promising since they couldn't understand the graphs showing. And that is the time when I decided to tackle topics about crypto to them. In this case, we case say that we don't need to spoon feed people to adopt cryptocurrency, what we need for them is to have even a single enthusiasm and it will be upon us on how we can get them involve to crypto.

Mostly those who invest not necessarily they don't know anything about but they have just a bit of knowledge something more behind than its surface. Usually they got hit by those sugar coated words well, all of project though but they forget to look more it throughly. And later on would complain that they got scam, this project is fraud. That is why they whining and complaining around here what we need to do is to educate them instead of scolding.

everyone has their own way or other reasons before investing in crypto, so there is no harm if someone makes a random investment because it has become his choice. but for me personally would not recommend someone or my friend to invest in the wrong place.

It is never a begging method because the person is investing his/her personal funds.
It is very possible to invest in what we do not have much knowledge about when we see people that are making profits from it and we have the funds to take that risk.

Naturally all investor always do one or two findings about where to put their money before investing.

We know the risk in crypto investment but we can't either stop others just because of this. Why not give them a chance to engage with crypto and experience the risk as they have their choice also, only we could just give them some advice and tips. Cause nobody knows that they might able to manage the risk and even succeed in trading. 

Unfortunately, many people invest their money, they themselves don’t even know what, the reason for this may be the widespread hype around the investment object, which may turn out to be just a scam. A lot of mistakes with investing arise due to lack of knowledge.

We can say that they have their own choice, but it would be better to give them a little advice that investment is not as easy as that.
They should know how to learn the risk of investment, to stop doing a random investment and to avoid becoming a victim of scam again and again.

Knowledge is the most effective tool inside this investment place, if you blindly invest without understanding the market then you are fooling yourself and expect that it will mostly failed. Invest into something that you will understand, sharing ideas and providing important information to make sure that you or your colleagues will be able to survive from this field of investment since there's a big risk behind this market.

The attitude of someone tells me and I invested should be stopped, else you might make a mistake when that same person, though knowledgeable, is not there to tell you what to do next, particularly when to sell or buy back. It is what you know today that will guide you in future.

If any friend of mine who does not know about crypto asks what this is, I always talk bad about it. If s/he can still prove to me that s/he is concerned, I am going to tell him/her about its good sides. I always remind her/him how risky the trade is. So I prepare her/him for the worst, and do not be too upset if s/he is gonna lose all her/his money in the future.

Talking about the negative side of crypto is better when sharing information with other people. You can see them after hearing those words if they will still be concerned or show their interest in it. I also used the same strategy, especially when it comes to investing.
I prefer to tell them that they might lose their investment, and then after that, I'll tell them how I've done my own investment.

Sometimes we have to take the risk! Without taking the risk, you can't gain much from investment! So, some of my friends don't know well about the crypto market but they invested here! I always try to teach my friend about crypto and the potential of Bitcoin, but they only want to rely on my decision! I know they will know what is the crypto is with the time, as the blockchain technology is being accepted by every country! 

I just remember myself and It made me laugh, last 2017 I invested in some ICO's without knowing the project I am too focus on the profits. It is a common newbie mistake no one teach me about crypto I just found out it myself searching online so its hard but I'm learning slowly. My advise to my fellow newbie just read and you will learn something.

Clueless to what they are doing and investing is a big mistake and a common thing happen everytime on crypto. but why they fall down of this everytime newbies are comin here, because they are greedy and want to get high profit back. and also they are invited to those friends who are victims of FOMO by any news and predictions. a true knowledgable friend will not invite you to invest immediately. they will avoid you from any losses. and dyor is their always reminder that you should keep on your mind.

I know cryptocurrency and its not ghost where we don't know what happen at the future or next time, take part for investing with bitcoin and altcoin give us chance how to get much profit but analyze for every altcoin investing is most important, never investing with altcoin  never have product and serious team to make their coin become higher price.

Invite their friends to invest in projects that are recommended to have the goal of getting benefits from the referral program. Projects that are followed usually provide additional tokens for anyone who invites others by using a special referral link that already exists. But as a smart investor, you must conduct an analysis before deciding to participate in the project so that it is not in vain

I certainly agree with you. It's necessary that we'll also tell our friends the risks and disadvantages of investing in crypto so they wouldn't expect much out of their investment. We shouldn't let them invest without having enough knowledge first so they will not blame us for their losses. Some people think of crypto investment as a shortcut to success but we should let our friends know that it should also include hard work and perseverance.

in my opinion people who don't understand crypto and blockchian but directly invest in crypto are greedy people. they don't think too much about the definition of cryptocurrency that is important to be able to give an advantage so they will immediately try it. this way of thinking causes some people to suffer great losses. they don't do research and study crypto seriously. all they think about is profit.

the biggest mistake might be because they think crypto is a shortcut to get lots of money. therefore they assume that all crypto will be beneficial even though not all parts of crypto are beneficial because there is still a fraud in the name of crypto. so you should give this information to newcomers, especially your friends

Referral program is very tempting that is why sometimes I introduce a project to my friends that I think its worthy but I never force them to invest because I don't want them to blame me if things go sideways. It's like I'm giving them some signals and its their duty to make a thorough research before investing since its their own money.

People can invest in things they know nothing about and they are doing it in stocks. For this reason we have stock brokers who manage your money and choose what you invest in.

When you tell someone to invest in bitcoin and you know what it is and how it works you're like that stock broker trying to help your friend earn money. He doesn't have to understand it as long as he trusts you and you do.

I believe in all investments, an investor should always have a wide knowledge about the thing he wants to invest because he should be responsible for the success of his investment. If he does not know about it, then it's more likely to fail in the end and will only lose his capital for the said investment.

do you mean mutual fund?

mutual fund is regulated by government, it has agreement to do that
if you wanna be that one, you should have sertificate and knowed as investment manager, it's not easy as it seems

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i prefer to learn myself, read little by little, practice, understanding, etc. then i can have good skill

Those who are invest in such projects without checking the team , roadmap , product and history they are simply speculators and they don't care about their money or they simply gamble with projects thinking " OK, this is the one ,I'm gonna get rich! " and we all know how it ends ...with them loosing all the money and then complain about how they invest into shady and scam projects. No wonder why ICO's are struggle in the last months, even this type of investors got tired to gamble with projects that are going nowhere and the effect can be seen on ICO's and IEO's dying.

Greed is mankind's second best friend and worst foe. We live in a society where money does not just talks, it is the the primary resource to exchange goods and services so our primary goal is to earn. Meanwhile, ignorance is mankind's first best friend and worst foe. We often jump without looking how deep it is then blame the system for not warning us. It is our duty to study and learn yet we are such a lazy creatures that we pass the blame to someone else when we are deceived or scammed. Very few have the logical mindset to accept and even handle the risk by researching a lot about the project.

I always teach my friends about investing in crypto. actual crypto investment is not a profit of 30% - 50% per month. even 100% per month. it is a scam. crypto investment is long term. not monthly. but for the next few years. I have many friends who invest for a fee every month. but in the end is gone. and they lost their funds. then I explained that crypto investment is not like that. Crypto investment is to buy crypto assets and hold them until they reach the targeted profit.

Yes it is true, most people invest without knowing more about the project they are going to participate in and they are just following what others have said without observing themselves or analyzing the project. And maybe the person is just a beginner in cryptocurrency so I think his close friend can provide more knowledge about his friend so they don't get disadvantaged or at least to better understand about cryptocurrency.

Yes this is exactly what happened at the end of 2017 and beginning of 2018 as we saw so many new investors who just invested based on bull run as they had no knowledge about bitcoin and most of them ended up losing their capital when the market turned bearish and cash out at low value which further damaged the market.  It's better to do research and seek help from those who are already into it rather than just blindly investing.

Yeah, you are right investing in something without knowledge is just bad as it can make you suffer later as most of the New people get lost because of a lack of knowledge. Better make a research about the coin and then invest so only then you will know what to do at the dump and pump. Listening to everyone will give you lose and tension better trust your abilities.

I don't advise anyone to invest in anything until you understand it. After all, this is fraught with loss of money and disappointment in the cryptocurrency as a whole.

It will be always the problem of people, who believe simply beautiful promises and words. This is the system of deceiving that works not only in the world of crypto but with economics and political aspects of life. We say that we avoid investing in projects that we do not know, but every day we do it paying taxes: this money is used later for fraud stuff.

I agree. That's one of the main thing you should focus about whenever you are investing. You should first be knowledgeable enough about the altcoin you are going to invest with. If you will not research about the background of the team and set aside reading their whole whitepaper, you shouldn't be surprised anymore if you are going to experience scam and fraud. There are a lot of coins out there today and even projects, not all of them can be trusted and the only weapon you can use against them is the knowledge you have about crypto.

We most times fail to first get the major thing straight up to ourselves first. One if the ways we easily get deceived, is when we do not know what is right to do at the right time or the correction to employ when things go wrong or are about to go wrong.

People don't want to think, they want to earn money fast :)
Crypto is quite new in investing sphere and it's pretty hard to investigate the projects ideas and plans here. And there are many newbies here also, they did't try anything else.

The mistake most people make on investment is that they make it out of instinct, they just look at the team of the project and once the team looks nice and good looking, they think that the project will make it, meanwhile there should be a deeper knowledge that people should go for first when looking at investment in any project.

My take also in introducing people to cryptocurrency is that we need to stop introducing them to crypto only for investment reason alone, we need to make them to fully understand the concept of cryptocurrency generally and how holding it as asset came out to be the secondary part of the system while the primary goal of any of those cryptocurrency is to actually make it easy for us to make payment peer to peer.

How would you know something if you won't try it in the first place? To gain experience, you have to try, and with experience you'll gain knowledge, with knowledge you'll gain profits. Get out of your comfort zone and stop asking, just try it and figure it for yourself, that's more amazing than asking everyone how they do it.

You are particially right. A fact still remains that nobody was born with the knowledge of block chain or Crypto. We all came to know about it in one way or the other. To burst your bubbles, nobody thought me Crypto nor block chain. My investment started with 10$ on one ICO project which later turned out to be scam. From there I picked it up.

I will never invest in something i dont know and wont advised any of my friend to go into what they dont know. Cryptocurrency is not a quick rich scheme and it also needed with alot of experience. So i will advice anyone venturing into cryptocurrency to please take a  bit and relax and know the rudiment before going into it

Why would someone invest into something they don't have any clue about? They must know something about it but just knew it the wrong way or have fed wrong information. Let us all help building a new environment here in crypto space. that one that is free of scam victims because of being naive and showing negligence of the things that you could have done something about. By this time the reason "I didn't know isn't acceptable because ignorance is not an excuse since it was your own responsibikity to feed yourself essential information.

I think that this is all because of the hype of 2017 - 2018, when you invest in the project and definitely make money, now this is not so, people still do not realize the problem

So you mean to say a people around the world and this cryptocurrency platform are not knowledge and ideal on cryptocurrency? Negative ideas will not sustain for long term.
You need to be careful I'll be innocent something like slowly  become the VIP class investor

People do this everyday. Invest in dumb thinks. It seems all it takes is a website and a little know how and you can rip people off. There very few projects i would bother with. Most are just websites and nothing more. Anyone can put up a website template and claim they are running a legit project. Without anything to show its all just talk and talk is easy. Bring something to the table then we will see.

Yeah, we are all here so once we were new and we were not having any idea what actually crypto is but with the passage of time we learned and we invested our money but the thing is, a person should never invest in new projects and in New coins that he is not aware of. In crypto investment knowledge matters allot so better gain knowledge before you start investing.

I just want to quote what Warren Buffet once said, Warren Buffet is current on top 5 most richest in the world.
He once said:
"Never Invest In Something You Don't Understand"
Seems right, yeah? I also agree on him. That's applicable in all platform, cryptocurrency or non-cryptocurrency. Because investing is never an easy money, the risks are also existing in investing (most of the time).

You said it all, most people only remember to lament when their friends lose money due to lack of appropriate information etc. Knowledge is power and just like you pointed out, it's wise we educate them on all about cryptocurrencies, the underlying risks etc not just the anticipated profits, so if they are okay with it then they are free to get involved. We should learn to invest only in projects we have studied..

For some, they just invest when they know the profit that they can get in return is big even though they have a lack of education to know about the project. This is why when a friend ask me how to invest in crypto I discussed it so they will understand how it works and how they can earn a profit. This is important to understand first before investing to avoid loses.

10 years of existence is already a good history for you to study one project, it can be your guide so you wont get scammed and lose money. People are greedy if they invest money without knowledge, I’m not this kind of investor because I always give time to myself to study a project before I put money. 

Its true, if you invite someone to invest in crypto dont spoon feed him. Teach him what he should know and explain well the risk and possibilities that can happen along the way.

This is a typical character of a newbie or a greedy person who dont think carefully before putting their hard earned money to any investment opportunity. Then if something went wrong, they will post their rant and disappointment.

Most strange people like that, they just hear from person to person about the profit that is earned and interested when what they are talking about is a kind of BO or HYIP that is profitable in the beginning and who joins in the end, will lose. And whining blaming those who have been such a share. It's already a habit of new people in terms of investing.

This mentality has existed since 2017 before the all time high when everyone has already seen the potential skyrocket for bitcoin. Those people that saw the people who have earned quite a lot of money on it starts to wander if ever they can also have the same experience.
And that's the reason why many of the investors before doesn't have an idea on what's this volatility thing which is the main thing for cryptocurrencies, mostly for bitcoin.

Because people are greedy and they are lured to high profits in a short time. Who wouldn't want to be rich without any work. When you see buzzwords like Blockchain 4.0, new Bitcoin or the first scalable decentralized blockchain you should avoid investing into it.

investors might finds with way as supporting of locale product or service from developer with fine on works as chance on extensive of terms with entrance as gathering chance as might to collects with higher number of returns on completion.

They invest to get money or more without knowing how to work the system of a project that they invest in. But when they get a scam from the project, then they will whine.

When people hear that it is easy to make money, many people will invest without knowing how it works. This is one reason they always complain that they are at a loss. Researching carefully before investing is right but many people forget that.

It is due to ignorance or blindness when seeing benefits. They don't control themselves when they see rich people quickly, they will invest in investment without understanding it. This is a fatal mistake, especially for cryptocurrency participants.

Yes it is possible, I believe very much in the BABB project which is a future bank on the Blockchain. They are on kucoin with the BAX token and the price is really very low.

I have invested a lot and I hope it will be profitable. I also want to use it as a bank, not just for money.

The application must be released in December or January as well as the bank-based website

site : https://babbapp.com/

Many participants want fast and big money. And since some people tend to experience envy and imitation, they see that someone managed to get good profit from investing or trading a certain coin, they repeat the same thing, having no idea about the technology of investing and trading. As a result of improper actions, they lose their funds.

Ofcourse not, that will be like throwing my money away especially when the project turned out to be not successful, it is always important to have a first hand knowledge about the project before making any financial commitment, even if you don't have deep knowledge but at least have some basic knowledge so you don't get confuse.

Investing and having results (with or without profit) today takes seconds, I investing in something known nothing about.
The long term is something you should study.

It is very important to have an idea of what you are running into because that will help you to guide against possible challenges that are involved in it. When you don't have an idea of something then it is advisable to seek knowledge before investing in it.

Yeah they just want to join the hype without knowing anything, they even dont know what really cryptocurrency is, they just want the fact that bitcoin is a huge thing and it has great value good for investment and nothing more. They are actually the ones the is easy to fooled and scam by those people. They are not educated enough thats why they invest on what they think is good for them and in the hype.

They wouldn't care about what they will be investing as long as they know that they shall profit on it quickly. The rich quick mentality has been made those early days and many of those investors were broke afterward because they've never expected that it will soar high and will go down so fast last year. Not understanding the investment that you're getting in is like a suicide, although some really are trying hard with all of the luck they have but it's not just right.

yeah, you've got some points. you must have some knowledge if you want to jump in cryptocurrencies business. most of people try to invest in crypto because its trend. they don't know what the risk will they take. if you have no knowledge about crypto and try to invest your money into it, it's the same that you're wasting your money. try to do your own research before doing something new.

Indeed, there is a big difference between trust and ignorance. Nothing is more foolish than jumping without knowing how deep it is. Study and research; it is never an excuse to not know that this thing will hapoen if you choose that certain path. Planning ahead helps you lessen the risk and succeed in this market.

Before investing, someone needs to do research or hire experts to get advice on the desired investment, if we talk crypto, who would know that Bitcoin can be accepted by community members and recognized by several countries to date, but there are new projects and ending scam makes investors start to fret with this situation, so they choose coins that are more popular than new projects that don't have real products to prove to potential investors

I believe it so, is just for 21st century holding bonus. I don't care about others users. I have a plan to hold all of my token until next bullrun. My real still interested to invest but I'm telling them to hold money for more time.

Simply you see potential on it, it's a current trend, everyone is talking about it but even though you don't understand how it works. Although it's unethical and unnecessary, it's common nowadays since people are too lazy to research though the resources are already there, they just need to use it properly. Thus, bad people are taking an advantage of it that's why a lot of scammers are still getting profit from fooling people with their promises.

Yeah, you see this kind of investment is working for many people on the internet, everyone is talking about it and how promising is this market as it's all about technology, internet and innovation and you also want to be part of this universe.
Most investors won't understand how it works, as the average education level in the world is really low, but it's positive for the market they are adopting crypto currencies anyway.
This is the issue, but people need to learn from their mistakes.
Furthermore in some years there will be more guidance in our communities to help people avoiding scams and to decrease the risks of losing money in our crypto investments. Financial education is needed and people are more aware about it nowadays.

the mistake of most (new) people in the crypto world is, they only see the side where bitcoin ever soared and they invest in the hope of reaching another month. but they do not understand the crypto market, how the fluctuation, capitalization, volume, and also the influence of exchangers and also the latest information. everyone who wants to enter the world of crypto should understand it all, so that if there is a price drop to the extreme, don't be surprised. and later the price rises to the extreme will also be realized.

To be honest, there is lots of easy money if you know how to ride with it. The only problem is that many chooses the one with a scam tagged way to deal with it. If you notice there are lots of good IEO in some major exchange, only few got rekt when investing on IEO tokens especially on Binance, mostly profit is good. Some Investors doesnt even have knowledge of the project but have some good profits. Dont invest on ponzi scheme, this kind of business will probably get you more loss than profit.

Easy all because of : money.

Remember the time when the prices of bitcoin reached an all-time high of $20,000? People jumped on the hype-train and impulsively purchased bitcoin without even knowing its principles and nature! Unfortunately, to those people who still haven't recovered their investments till this date, some of them are the ones advocating and saying on social media that the whole bitcoin investment is a scam.

yes I agree with you some people are interested in investing in crypto just because they want to get a large profit in a short time. they do not do research and analysis in earnest. this is a big mistake. no success can be achieved easily. we must study hard and do research then invest. investing without research is wasting money.

There are scam projects  as well as projects likely to be unsuccessful out there. Investing blindly without any adequate knowledge on the project means one is at high risk of investing in a project which may turn out to be unsuccessful or scam. It is best to study thoroughly the project before joining its investment.

a lot of people try to make use of knowledge about blockchain by giving false information, they try to make themselves invest and spend their money under the control of giving information about blockchain that is not true and in my opinion that's a very bad threat that is currently can circulate among people who do not yet know about what blockchain really is, they are ordinary people are still often affected and often deceived.

I agree. You should not let someone close to you to invest without enough knowledge about it. If you are going to watch them invest on something, you should make sure they have enough knowledge about it so that they would not make any mistakes on it. If you are investing on the right altcoin, let your friend know about it so that they can make the right decisions about it. Make sure that before you invest on something, you checked the background of the project first so you can make sure you make the most from it.

Careless experiences sometimes make them understand better than usual. They tend to do everything themselves without asking my opinion about crypto investment, only those who complain finally realize that they are wrong because they only follow the intuition of personal fast profit, and the rest don't even dare to get involved because they are still in doubt, I will not teach them unless they communicate it intensively.

Its same message i pass unto people around me, they wany to invest first without knowing how crypto works, one of them later download a mobile wallet called coinomi and send bitcoin to its public address. Its like if never make mistakes first they will not want to learn

Yes you are right because all we know that knowledge is very important when you invest in everything because all we know this is the most important matter in every business inside and out in the crypto industry. If you don't have enough knowledge you will waste your effort and capital because it will going to the road of loss.

actually it doesn't matter if someone invests with coins that were not known before, it's just that the risk is much greater if you use a coin investment that you didn't know about before. and to minimize your losses, it's better to use coins that are already listed in the top 10 in the market, at least you still have a chance to get a big profit when the market improves.

Doesn't make any sense, i'd rather not invest and find another thing i know well about to invest my money into, investing in something you knew nothing about is like throwing away your money and time

Investment is risk related, so I don't think of investing in coins that I don't know about. I personally prefer the top coins on the market such as BTC, Eth, XRP, EOS & BNB. maybe for some people like a challenge so they prefer to invest with coins that are not known.

Maybe we should also point out what risks they should be aware of when investing in crypto currency. This is the first thing they need to know to be careful and to choose the coin they should buy. Remember that we are really the first to blame of the people we persuade to invest in crypto so we should at least remind them first.

just to remind is not a problem because the most important is the person who hears it. if a wise investor will surely know what they have to do before making a decision. anyone should always consider 100x about managing financial management correctly and the coins they will choose.

if you do not know about the investments made you should not invest in them, because if you do that there will be a lot of risks that occur. You should invest in coins that you know deeply so you know the potential in them

inviting others to invest in crypto projects is usually based on referral rewards that are obtained if you invite some friends to join our referral link. if I invite other people, then the project that I follow I have checked. the problem of understanding or not, we will first tell about the project, you can learn it yourself. If we explain in detail it will waste a lot of time. Beginners must learn and not be lazy to read and study the projects that they want to follow.

They might be tempted by money that multiplied in a short amount of time, and don't be surprised if many people invest in crypto but don't know about crypto.
If it were me, obviously I wouldn't invest in any place I didn't know, it's better to trade. at least more safer.
Many of my friends want to join me in investing in crypto but I repeatedly say "don't follow me" because your expectations will not be the same as reality later.

yes, investing in coins that have entered the market is less risk than investing in coins that have not been known before, because this is the same way as we bet the money we have on coins that have not been able to enter the exchange market or can be said to be the same as trying luck with it

It takes investment to have a chance to make a lot of money, a chance to be rich. Take risks to invest. I believe that when we try, there will be better opportunities.

It is very risky to invest in something that you don't have any idea about. Crypto industry is easy to understand but if you don't have any knowledge about it will can easily deplete your funds. There's a lot of articles that discusses cryptocurrencies so it wouldn't be hard to explain it to your friend but make sure that he wanted to learn because no matter what you taught if he has no single interest it wouldn't work.

This is a very big risk investing on what you know nothing about. The reasoning self looks somewhat bad to invest your hard earned money in something you aren't sure or know nothing about it, lol..I just hope nobody makes such mistake though...but could favour some but to me it's a big risk. Having knowledge of something pays more and helps calm mind than what you know nothing about.

Very often people look at each other and invest in quick earnings without understanding the topic. Have such people rarely present common sense and until they there is the and scammers always will exist. But I will say that sometimes it is difficult to see all the prospects and risks of investments and probably everyone had ups and downs.

Because people can be lead with help of social media and all other marketing stuff. If they hear Binance, Huobi IEO, insane profits, they rush into exchanges and buying with all the money they have. After they lose huge amounts, they are doing the same thing again and again.

You're right. Most investors do not study information about the market and cryptocurrencies, but only listen to the promises of YouTube analysts, who very often are wrong in their forecasts. In order to earn, you need to study a lot of information, market history and trends that appear. Well, if you invest in guessing, then do not complain when you lose.

You don’t have to have knowledge of how the project functions entirely, but at least you should be able to make some findings about it before getting into making investment in the project, it is just like you going for an interview, you prepare not to fail by knowing necessary questions that you think the interviewer might ask and one of the criteria also is that you first research about the company you are trying to get recruited into so that when you are being asked some certain questions about them , you would have already known much about them.

This is also the same case as cryptocurrency also, you must be able to know the project that you want to invest in to a level where it would be like you are among the team by just simply researching on them first.

You're right. If people are not prepared for the fact that you need to learn, then they will never be able to achieve success. I have never recommended anyone to invest in crypto. I tell my friends to study it, because it is a very promising direction.

if you understand that the direction is promising, then you should recommend to your friends to buy bitcoin and then study the entire market as a whole

You gave a striking points, most people only brag to their friends when they might have made profit either from trading or otherwise without also sharing the neccessary information, thus then their friends invest based on what they heard and it backfires they will still be the one to blame them. I think it all comes down to knowledge, knowledge is power thus let's empower our friends through passing the right knowledge.

I assume that investing without knowing of a particular asset is a wrong approach. Moreover I am sure that such an approach will devastate the own pockets quite fast. The theory of investing enacts us to be more serious when investing. Let us take an example. Suppose, you want to have a shower you take a towel with you but not a wool socks because you know exactly what a towel is and for what purposes it is utilized as well as financial assets you should know well enough. In particular the market situation which is enacting in the current moment of time is a little bit difficult and unstable so it need to be even more careful than usually.

A wise person never do such mistake of investing in market he is unaware of. If you investing in crypto only because your friend is investing in it or crypto is giving huge returns you will only end in loss. Do things you are good in and where you can earn profits.

Never step into a territory which is unknown. This does not make any sense to invest in a coin that someone has no knowledge about. Even if an investor is choosing bitcoin or the top altcoins, he should do some research on his own before jumping into them. Indeed the blind investment in potential coins wont bring harm but in order to avoid panic selling out, it is important to hold some knowledge.

The chance of getting successful is higher when you know what you are doing and not just following anyone's signals. If you do invest without any knowledge regarding to the business, you are unlikely investing with a high risk and you are gambling with your fate. Do things that you have good understanding it will increase the chance of getting good benefits.

This is the main reason why people especially newbies are getting nowhere but losing money in cryptocurrency.
That is true, you should never invest to anything with out your own knowledge (even no in cryptocurrency but investment)
Go get more people and friend but never ask them to invest but let them learn first.

I was once become this type of person too, investing without knowing everything at all, as I don't know at that time how to check legit, so I invested $10 only, and there's so many hype in the community, so I added again to $60 thinking they are all real that even my friends invested on it, so , although I am a noob, I was very expecting that this a great one, then turned out to be a scam after few months. Anyway, this has been a morale lesson for me and to my friend.

In this case as an example give at least 1 project that did not make a profit on the IEO on the Binance exchange?I think now the best investment is participation in IEO on the top exchanges.

This is caused by a hype. Look what happened in 2017, people invested into cryptocurrencies before they learn something about them. And look how did it turn up... Another hype we saw around ICOs, and how did it turn up?

Exactly! Investing without doing a research or asking other people is a suicide action, it is like you are giving away your hard earned funds.
There are lot of people have experienced this , in cryptocurrency or non-cryptocurrency. I'm glad that I got into cryptocurrency and learned about these things.

Yeah, this is true we should not invest in a project that we are not aware of better make research and save your self about it. Before buying never be careless better make research and take advice from other well-known investors then it will help you in choosing the promising coin. The market is full of New coins and some scamming projects as well so just don’t get scammed ask questions and then try to search and buy good coin only.

Research solves this problem. When investors make enquiries about their investment plans, its a lot easier to have a clue by so doing than when there's no research or enquiries made.

Investing in something that we don't know about at all is a mistake. Indeed, sometimes we have to do things our own way, but if we don't know how to do to be able to at least survive and possibly be able to make a profit in cryptocurrency we need to know and understand how to do it by asking our friends to teach us how to or perhaps by asking for advice from others.

Those who enter in any investment opportunity without proper knowledge are often lose their money because they don't have idea how it works. Some people are just going with the flow and hype of the investment and careless putting their money without even thinking.

We don't want our money be wasted right? So educate ourselves first and don't rush things because no one is to blame if something went wrong because of our negligence.

without knowing the potential of a project and we invest, I think this is a gamble, where there are only 2 choices, namely winning or losing. I think this is very unfortunate for investors, because it is not wise to invest, we should gather as much information as possible before investing on a project

When any of my friends ask me questions like this, i am give them the resources which he/she can find informations about crypto. And then i am saying that, do your own research and decide for yourself the coin to invest. I'm not recommending any coin. In this way, i allow them to know about the market before investing.

The truth is, this is what have killed or made many people be at lose. The follow what they heard or what they want to hear or what they see someone doing and they feel like it's worth trying. They failed to make the neccessary research to know all that is involved thus when they hit rock bottom they start lamenting.
Also, from another angle most people only share the good news with their friends and families while skipping the risks involved. It's always wise to tell people or make them understand what they are getting involved with so one will blame you afterwards.

No go! Always investigate every altcoin you're investing in. Read the whitepaper and check their product thoroughly, check thier social media if they are active and constantly reporting their progress.

Now almost every project in which people invest is such as this. you will either get a good project or stay with shitcoins. Example: MZG - everyone said that this is a very cool project - but in the end, its price has fallen so low that now no one will need it

During the 'hype' or bull market there are lots of persons who were wishing they can also earn like those who earned a lot, because they wanted to take risk too, so they took the risk of their money without really knowledge at all, especially if there is a new project and the CEO/dev would tell them that they are the next Bitcoin, then they will grab this opportunity thinking their life will change too.

Not only in this field, I have witnessed many people without the knowledge to invest in other areas such as securities, real estate. Perhaps the reason lies in the desire to make money quickly despite the high risks.

It happens nowadays to a lot of projects. Many developers often leave to support their projects after collecting money from people and many do not like to spend some money to list their projects on high volume exchanges. These both conditions destroy the value of the coin and then no one like to take interest in that project. If the developers take care and do not adopt that two conditions then their project will not fail and will make them the best developers.

Definitely, I will not invest on something like that. I don't get the idea why people do that. They are not investing with the extent of their own knowledge. I mean, they should have been investing using their own not asking from anybody or just pinpointing where to invest. That's what beginners in cryptocurrency follows but that's wrong.

It is very important to do own research before investing, this is the only strategy that works. And from my point of view, it is also a must to follow the industries you are experienced in. What markets are you now following from the growing ones? Probably even any solutions you can recommend?

Evening there mate. As for today, I would say that I am pretty impressed with following events&shows&theatres&concerts etc tickets adoption growth. I am following solutions for several months already, as for the most interesting ones, I would probably mention GUTS.tickets . Have you guys already heard of what the team is offering here? Cause solution is very innovative, to be honest

GUTS tickets? To be honest, I haven't heard of the guys so far. What exactly is the team coming with in here? Or well, probably I need to check out more on the website you've shared. Cause pretty strange, but was never interested in innovations on this particular market

You definitely have to check their website, but I can shortly explain their idea here as well. In few words, GUTS uses blockchain technology to create a transparent ticketing ecosystem, where disgraceful secondary market prices and ticket fraud are non-existent. As you know, popular events sell out fast. This is often unnecessary, since ticket touts make fast money by reselling secondary tickets. That's bad for venues, theatres, artists and of course for your fans. And here GUTS sharply helps with offering win-win solution

Gone are the days when people stupidly invest in cryptocurrency project without knowing details about it just because they don't want to miss out. I don't think anyone will act stupidly like this again with all the losses many of us incurred in scam projects

This is so true, crypto enthusiasts are wiser now. In the past some so-called influencers will chill ICOs or shill their crypto bags and many people will FOMO to buy into the coins. This is not the case presently, I remember when MCAFEE use to make buy calls and people will rush to buy, after the pump there will be a massive dump yet people still fall prey. Nowadays people believe in projects with good development progress and not hype.

I dont actually do that. I am wasting my money if that particular project is a scam and it is my fault not knowing that. It is my responsibility to study every project I want to invest my money in. I personally recommend that you should do the same thing as I do because you are the one losing money if you dont study that particular project very well. There are things you should consider before investing in a particular project and you can see that by reading their whitepaper wherein all of their plans and targets are all stated there.

Experienced allow investors and traders learned how things around this market should be treated correctly, there's only few who are still following signals without researching and studying the projects. Those people who are lazy not to do their homework analyzing the team and only follow signals blindly. Although most of investors do learn from those mistakes and now are careful with their money. They are not easy to be move as they are working with potentials and possibilities.

I do not think anyone can actually invest in what they know not though some people fall through mere speculation from groups or friends but that is a big risk and result into either failure or profit.

I would say it can be so disastrous to keep investing into what one knows nothing about. Ignorance can be so deadly. Whoever desires to be in the cycle of the profit makers in the world of crypto must crave for deep knowledge because whatever one does not know anything about one can not make any impart with it. It is very expedient to go for knowledge on whatever aspect of crypto seems to be confusing or uncertain. If it is going to cost one some money to acquire the knowledge, I would say it worth it because whatever that has no cost has know value. Knowledge is very essential to be in the flow with crypto and to make something tangible from it.

Some people see influencers they follow on social media as "demi god" hence they buy all coins suggested or hyped by the influencer. Others follow channels on telegram claiming to be TA experts hence they invest blindly without personal due diligence. Well, nowadays investors are much wiser.

I've met a number of people who don't really know much about crypto but because of the misseducation they received, they see it as a money doubler and they just want to invest without being aware of the true nature of crypto.

I see no reason why we should bring in new people to cryptocurrency and not take out time to judiciously enlighten them on the workings of cryptocurrency. It is very unfair to tell them when you only inform thwm about all the ROIs that can be gotten, but you say nothing about the downsides of the same project and this omission of the truth will make that newbie very disappointed when his/her trades goes south ways  

You have a point. A lot of newbie are not properly lettered on cryptocurrency tenets. Partly caused by their friends who introduced them to crypto and also on some of them who are after quick cash and forget that the first foundation to riches is knowledge and having it in abundance

Individual investors with the meager amount they were propagated incompletely about the Bitcoin and cryptocurrency markets.  Some individuals had huge profits in 2017 and from ICOs, IEOs were highly profitable.  When they realize that, all new and old people are attracted and pour money into.  By the time the market trend ended, they had failed with their losses.

Actually there are many investors doing that here in crypto. For example, most IEOs on major exchange such as Binance have a lots of participants during their launchpad but I believe 90% of them doesnt even read a single statement or check the WP of the project their joining. Why? They only after the ROI of their investment.

I mean it is not as easy as that, many people do their thorough due diligence on projects before investing in them, but even after that the results may be devastating as there are a plethora of factors in the play and even one of them goes astray, the whole thing collapses. But yea, the starting statement of the OP is pretty much a basic logic, but too many people still fail at it.

Sometimes people invest in things they really know nothing about out of trust. When they see that a friend has invested, out of trust, they also invest not doing their own research which is very bad, no matter how you trust someone, try to do your own investigation,it really helps a lot. In the crypto space Research is a major factor to Success.

All investment for your funds will also, learn about the mechanics to how to earn some money in crypto. Sometimes there are risky investors to put their money away without experience.

They invested because they are get advertised by many people or they've seen the crypto ads anywhere that promising so much profits in a short time, and the greedy and dumb investors always get trapped by those kinds of advertisement, and they will get scam sooner or later, but there are also some of them who lucky enough so they get out before the investment turns out scam

to work on expectation about the work on reference of whitepaper and more of notables with release from developer and gains as completing returns on nominal with the value on expectation.


not            staring my id or picture... operating

Really not good and probably they all go for nothing. Maybe they could take such a lesson and try to figure out where they are wrong, cause they are blinded to see the risk of investing with knowing nothing about the project they've invested. I can't imagine how we go into a ride without direction, the same thing happens to this. Investment can't be a joke, it involves money and much we care about gaining rather than losing which supposedly they think at first before doing a stupid investment.

Even I have the same question to the people and I have noticed many people invested on unknown projects even they are not giving time to learn what is there in their white paper also.
You should not do like that and we need to focus on good projects which is not getting better support. Those kind of projects will be in sky height very soon.

That's called gambling, you should always make a research before investing in any project. How to make it is a decisions of yours, i'm pretty sure no one gives away his money just like this...

By trying we will feel the smell. With us investing in something we do not know does have a risk.
 The more we dare to take a better risk is to advance promising new innovations.
 Many more we try to be able to provide experienced challenges. So trying to invest is a powerful new creativity.

Yes but some people use to make the mistake of trusting other people blindly as according to me if you have the money you will have to be careful investing it. There are so many people who are scammers and they just wanted to get benefit from other people. So never ever take such wrong step of trusting any site or any project you don’t know about.

Sometimes aiming for nothing turns out to something, sometimes we buy lies to get the truth so you can actually invest on something you know nothing about and make something out of it, for example i invested in HYIP not knowing how risky they are and i made good money from it, same thing with crypto, i never knew anything about bitcoin before i bought my first, i just like trying things out

Most people do that.
They only come to buy without any idea of market conditions or risks of investing/trading in crypto.
Seeing other people get profit so he participated to buy, which then lose because buying above and mention Crypto is a scam, fraud, gambling, and other bad things.

Yes, sometimes we have to fail to learn something new
So, some people make mistake to invest in wrong place and learn to becarefull with it

But in this case, the wrong investment often happens repeatly, dont they learn from their experience?

Fortunately, those investors type reduced. so the shit project isnt much anymore
But there isstill a few shit project. IDK what really happened, or they just like gambling in cryptocurrency

If we invite friends to join as investors, we must provide more knowledge about what Crypto is so that friends do not come from investments because they have been given enough knowledge to be independent, but if we only invite without giving knowledge, we will be wrong, moreover giving a statement can benefit quickly if we enter crypto of course that's wrong.

It so disheartening to see newbies falling prey and investing in something they do not know about. To me i can never and will never invest in something i do not know nothing about because if i do am on the fence of loosing money. SOme newbies only love to buy without doing proper research or having no idea on what they want to invest in, some do not even know the risk involve in investing and trading altcoins/digital currency.'

Many believe that only happens in the market of cryptocurrencies because cryptocurrencies can be very difficult to explain to people and many do not get how they work or why they exist, but the sad truth is that this happens in all the markets, do you really think that most people understand how the stock market works? They don't, they hire people that they believe understand how the market works but they are unable to tell if the financial manager that they are hiring is any good because they know nothing about the markets.

And as such the majority of them lose money and they put the blame on the financial manager that they hired, the market, or the economy but at the end of the day they are the ones that are guilty by investing in something they do not understand.

Cryptocurrencies, cryptocurrencies or cryptocurrencies are becoming popular in countries, typically Bitcoin (BTC). The value of these coins continues to rise sharply and help many investors get rich quickly, but it is these coins that have made many people fall into "misery" when their value plummeted several month later. Because there are still a lot of people who don't know the nature of these cryptocurrencies,

I agree that people should never invest on something on what they don't know nothing about how work, and they should learn more even after tell them how work they should make some research and not stay all day on Facebook and waiting money to come.

if some people investing their money into something that they didn't know, all they'll get is some loss. try to learn anything that new to you, so you can know how to avoid the risk before you investing your money. try to invest your money very carefully and try to get some lesson from some experts. their experience is really important for all beginners in crypto world.

For beginners who have a close friend who is very familiar with cryptocurrency, I think giving him something to learn so he can better understand and understand about cryptocurrency is an appropriate way to teach him about how to invest and also trade. But for people who have just joined cryptocurrency and do not have a close person who knows cryptocurrency it might be difficult for them and maybe they can only get some knowledge from this forum for them to find out what often happens and what they can do.

When im just getting started in cryptocurrency, investing and trading it was just like trial and error at the start. I think it was kinda difficult to teach someone if they are not interested I think to guide them is already enough and the rest is up to them to apply what they learn. If they wanted internet is open for information also we have this forum open for cryptocurrency questions and tips.

I think we could easily like from the forums about investment or trading it was just like learning from the other's mistakes and also this could save a lot of beginner from losing money so I think it is worth it researching before risking your money.

actually it all depends on the trust of each investor, we also can not forbid someone to not invest in coins whose clarity is unknown. but I believe that not all investors will do that and smart investors will not invest their money in bad projects.

Many do Facebook than to find real job, or use their social media accounts to create a job or business. Good are those who uses fb to ptomote their business, who do business in Facebook by selling their products. But those who just use Facebook to spy or stalk someone and not uses it for their benefits to earn then they just wasting their time. Facebook can be a way to earn now just by bounties but also business promotion for free or by availing their ads service.

actually it's not called investing, it's called gambling. Because every project is risky, but when you invest without knowing it is like you are throwing your money to others. Therefore, reading skill is very necessary and I encourage everyone to spend 1-2 hours a day to research about each project's whitepaper. or if you are not experienced, you can look to some of the groups that discuss investment and ask for help from the admin. You will get their judgment quickly.

That's the major problem why there are people who keep ranting and posting their concerns about their investment. They experienced loss and it is their fault because they do not know what they are doing. In every type of investment that we will do, we should equip knowledge that we can use to grow our capital and to protect it from the risks that we are currently taking.

Learning the process lessen the risk  this industry is not an easy to rich path but if you are willing to understand then the chance is big.
Never ever to invest without any knowledge you are putting everything into nothing. The outcome results only turned to losing your
money, protect your assets and learn everything first.

Investing means that you are aware and you know what is going on within the project, if you do not know what you are doing then it is gambling and it has more risks. We should know the information of the investment that we are doing. We can easily identify if that investment is worth taking or it is part of the garbage investment vehicle. We cannot have a high success rate if know what we are doing.

I am not going to invest if I know nothing about that thing. I always read things about it first so that I know if it is worth investing for or not. Also, having some knowledge about it makes the risk of losing money is gonna be low. We better have some knowledge about it first so that we know the possible income into it.

knowing the investments carried out are indeed important, especially when we want to invest with large funds, and when investing with small funds we might be able to use them as learning as initial knowledge when investing. because if not, then there will be mistakes with the investments we make.

Certainly, a lot of us here did that as newcomers in this industry, buying into coins and tokens we didn't even know what they were all about. However, the truth remains that even knowing what one is investing on doesn't also guarantee success of profitability. Business generally is a risk, a huge risk if I must be blunt.

It is a high risk type of investment or business if you are not educated enough to go through it. Uneducated person will highly make greedy decision or without any calculation. Investing into any asset should go through a proper process which you should do a research about the asset to check if it is legit or not. After you check its authenticity, you should calculate if the potential return is worthy to grab.

Probably people will not invest into something they don't really know because it is the first step to getting scammed in the first place. Investing into a project we don't know is like diving too hard into a dirty swimming pool where, we really don't know how deep it is. We might get hit directly to the tiles, or to successfully dive to a deep water but the water being dirty might just lead us to have bacteria related diseases. I think of this analogy to imply that we shouldn't invest in any projects we didn't know, because any way for use, it might lead our funds to a wrong hands.

I also suggest that we should teach as we can our friend about growing blockchain technology and also inform about incredible growth in altcoins trading and also holding of altcoins can be big profitable, and I never force to friends for investing in altcoins until they don't know about altcoins.

   I really don't know where the idea for this topic came from? Why would anyone invest in something unknown? What is a point
in that? I would never think about investing without some kind of research!
   Polarr91 I like your analogy, why would someone jump into something, why would anyone risk so much, and conclusions is for
what you are risking? Big profit, passive income, scam, if you don't know in what you invest you can't know what you expect
from that.

At the time when I was introducing bitcoin to my friend for investing in it I explained everything to her and gave a number of articles to her which explained the past and the coming future of bitcoin and blockchain. After all about bitcoin she started to invest in bitcoin and started some online jobs to earn bitcoin online that was a good method which OP suggest to us but after that all my friend knew about altcoin trading and for increasing her bitcoins she started to invest in altcoin and the biggest mistake of her at that place was that she started to invest without searching and reading about the project in the coin of which she invested her money and with that she lost some amount of her money.

That is also a mistake which majority of people are doing when someone want to enter in cryptocurrencies they only study and learn about bitcoin and start to invest even in other coins about which they do not know which give a high lose to the investor.

My friend once forced me to immediately teach him about crypto and he immediately invested it without thinking about the biggest risk in crypto, until now I don't see him reinvesting maybe for fear of a long bear market such as in 2018.

Did he blame you? I encountered the same scenario with my friend who is eager to earn but unfortunately later on he blame me for what happened to his investment.

Maybe now he realized his mistakes of entering in crypto without proper knowledge because he think its easy to earn here and you just need to wait but sadly thats not the case.

It was like a different story for me though. I was taught to invest in BTC before by my friend back in 2017 but then turns out and up til this day he hasn't invested a single quarter to it. It was like an overreaction for me, because his fear is too much just like how unstable the price of BTC is.
I guess he will regret his decision in 2050  ;D

Last year, I experienced the investment of cryptocurrencies, which made me deeply realize that blind investment cannot be made, otherwise it will cause a very serious loss.

We've been too hype, manipulated and brainwashed too that we don't want to end the year without any investment in crypto, that's why for sure you also ask some of your friends, or did a not so extensive research, it is fine, I did it too, I am guilty of it, I didn't get into more deep details, only the basic that I need to know and that was my biggest mistake  too.

most people will be careful before they put the money that will be invested in cryptocurrency, they will not make an investment without knowing in advance whether the decision he made will be profitable or even vice versa.
a smart investor will certainly learn all the risks that will be faced before plunging in and making decisions

Now this is something that a lot of people did in 2017. There was a lot of hype surrounding altcoins and even the shittiest of the altcoins saw millions of USD worth of investment. It was clear that the hype was not going to be sustained, and in a matter of a few months the bubble burst. Now we have tried investing in unknown coins, the best way to go forward may be to go back to Bitcoin?

Sometimes in your life, it is okay to try things that you know nothing about because sooner or later that something you know nothing about could make your life better. So it is fine if you are pushing your friend to invest in cryptocurrency and learn about blockchain technology because it could actually help them in the future, if they just take the risk.

It is not advisable to invest on something you know nothing about. Like thaey will say, put your money where your mouth is. When you invest in what you know enough about then you will be able to stop your loss or take your profit when it matters.

It actually depends on the level of their perception, people these days will surely grab an opportunity that can be beneficial to them without even analyzing the possible outcomes of their decision. Besides, it's their choice in the first place so if it doesn't turn out as they expected then they should suffer the consequences of their actions because they are being careless. I'll not encourage my friend to invest, if he's interested then he should learn in his own ways. If they are determined to be a successful investor then they should do their own research, in that way they can easily understand things because they can't always expect people to help them. It's better to let them do their own exploration so they will not end up feeling remorse and blaming anyone, maybe investing is worth the risk because of it's advantage and capabilities but it will be too difficult for them to handle different situations. You don't know how it will affect their lives because you can't say people's perspective when it comes to money.

it is a must if when investing we must know the prospects of investments made, if we do not know it will be good not to invest in it because we only bet on luck. and it really can be detrimental to our funds because luck does not always favor both ourselves and the investments carried out.

Well, it has worked for some people in the time past, besides even majority of those that bought bitcoin before the 2017 bull market have no in depth knowledge about blockchain, all they wanted is a good ROI.
In this space, even the experts loose money at times, so to some extent, i cant blame them, everyone wants to get rich and besides, without people like that, how do we FOMO ;D

If i invest in a project that i dont have any information about that project its like giving away my money for free. If you invest the first thing you will have to do is to have a little knowledge about that project cause today there are so many scam projects and everyone should be aware of them

true. if you invest in something you didn't know, you will completely lost your money. maybe you will jump into a scam projects, scam coins or some dead coins and shitcoins. try to get some information about what are you investing. don't invest your money carelessly because once your money is gone, they won't come back to you anymore. be smart before investing your money into something.

This is why I always say to friends around before investing must be prepared to accept the risk so that in the future if he loses do not nag me. Because from the beginning the advantages and disadvantages he himself will feel.

well most people don't know what they are investing the most important thing is to get profit no matter if it's fraud or whatever it is they think is just profit

There are so many of us like this here in this forum, I used to be one of them, just buying coins because these so-called experts told me that it's safe and profitable to do so, you will end up with nothing if you keep listening to these so-called experts, some experts are paid to shill coins, there are even bumping service here.

Exactly what have been emphasizing on before I even stumbled on this topic, a lot of people are more focused on where and how to invest they don't have time to study and understand the fundamental basics of this space.

In my opinion, the most rational strategy is investing into solutions that have real applicable solution. For example, they adopt blockchain for some issues, existing on one or another market. For example, I often attend concerts and tired of frauds on the market. Have recently discovered GET protocol that seem to be solving the issue with 100% real solution. It seems like a really cool solution with a lot of adoption and promising future. GET Protocol offers a blockchain-based smart ticketing solution that can be used by anybody who wants to sell tickets in an honest and transparent way. And already around 300k tickets are sold with the help of GET. Interested to hear your thoughts

If people hear something that looks easier to get money, like investing without having to work. Where work can spend 8 hours every day even more, why not to jump in. This happens to most people, without enough knowledge, such as investing in crypto.

While you are giving good and sensible advice most people are not very rational when it comes to their money and they are very emotional when it comes to it, this is what happened at the end of the bubble of 2017 when many people that did not knew anything about cryptocurrencies decided that investing in a market they knew nothing anything about was a great idea and they suffered the consequences of that mistake.

But that is not exclusive of this market we see that all the time and I do not really think that this is ever going to change because most people are not willing to go through the trouble of learning how to invest or to trade effectively.

I personally invest to make money, so I will not misplace my money in crypto investments. especially the top coins in the market like BTC and some other top altcoins. for new investors, it's better to always check the coins you want to invest and the main reason someone always chooses random coins is based on their beliefs.

Who are the one who invest on something he did not know about? First of all there are a lot of person want to sure a good money but of course they think twice before they invest. Something gonna bait by scam is a person who experience good before they've scam because most of them become aggressive to learn after they scammed.

Tell about your friend about the good and bad side of crypto for him/her from being aware.

The thoughts of easy money make people invest in cryptos they know little about. The hype surrounding a coin often makes people jumped into the project even without deep knowledge about the project. But with the current market situation where scammers are everywhere, research about the project is a must to every investor.

I agree with you. We should really be aware of that. What we need to do is to make our own research then ask to a friend what we don't really understand. We should also invest our time forst before we invest our money so if a scammer will approach us them we know what to do.

It doesn't sound right to invest on something you know nothing about even if its profitable, you need to learn the basics and understand where the money is coming from, might even be something you will turn against after learning more about it

When the ICO tide was high, people invested into everything and anything. Didnt even see the team credentials or sustainability of idea or even the authenticity of the whitepaper/roadmap. They were all taken into the greed and put money in order to make a fortune. The market is allot clear now and people have started thinking before investing even 1$ now.

each investor has a different view or way before investing in cryptoqurrency. for me personally it does not matter if I invest with random coins, because what I will do is of course based on my research and beliefs. and maybe other users will do that too.

In some cases there are people who invests withoit any knowledge or idea in what they are trying to enter. Just like me. I dont know every single idea facts here about crypto but when I entered the crypto world thats when I started to observe, invest, read article and ask some members if this campaign is a real and legit one. But when I got my first earning, that was the time that I believe in crypto.

Unfortunately, there is a plenty of unprofessional investors on the cryptocurrency market who are not interested in analyzing backgrounds of the projects they invest in. They just see an awesome growth and put money in which usually cause losses.

Never! That is like crossing the road without looking. It is just silly. You cannot profit without the required research. You as well wear a blindfold and throw your money in random directions hoping for the best.
It is much too random to work. I think people give into the hype a lot more then they do logic.

I personally only invest in projects where you can spend the token or coin that it is involved with. Why would I invest in something I cannot use? That is just speculation not fact.

I always research my own investments before making them, and I certainly do not invest in an investment instrument that I do not know or doubt about its future.  I think that other people who make investments usually make uninformed investments and therefore lose money.  I usually say that people like these have dreams of making a lot of money with low budget in a very short time.

there are people who are use to keep riding the pump though. they don't need to know anything about the coin or the project, all they need to know is that its pumping. and there are also who just listen to the users shilling a coin. you get rekt most of the time when you do this but there are pretty exceptional like the project SNX.
i didn't listen when somebody shills for this project, i just knew i would have bought more of it. still i have no idea about the project.

It seems to me that in 2020 there were no longer those people who could invest their money in the blind. Such people simply ran out of money for 2018-2019.
In addition, the general intellectual level of the crypto community has significantly increased over the past year, due to the constant collision with scam projects and all kinds of deceivers.

Many people do not learn about something they want to do in investment because they only listen to the words of some observers who are not sure that they can benefit. they easily trust one person without learning it first. so many people who have lost assets after they invested in a project that ultimately could not provide benefits but losses they get.

The reason why most people got failed because of there nonwise way of thinking. Most people will invest in anything when they hear something that can make money, but they never bother how the system will works. So if you really want to be succesful into something, learn to widen self understanding about investing into any kind of projects here. Some may state the goodness of their project but in the long run you are just being fool. To avoid scene like this, be mindful be wise of choosing so here I can suggest something that may work for you. The Aci coin which a worldwide Company Supports Ripple’s Real-time Transaction System.

Whenever new life is born, it comes into contact with new things. Initially, your parents will guide you and then you arrive at school. At this time, the teacher will guide you. When we come to work, if we encounter something new. We flinch, and this will fail in your life later. You should learn to learn new things, so as not to stop halfway. Someday will succeed.

Which is as it should be, people do not really think a lot about the small amounts of money that they lose every day but if you begin to add them up you will begin to see that you are losing a significant amount of money and it is important to always look for the best value for your money, even if it doesn't seem like you're saving much if you do this regularly those savings will begin to accumulate.

And this is true in the market of icos, as you say back in those days people invested in anything and they didn't really care but after they lost all of their money they are understanding that if they did not invested in those useless icos then they will have that bitcoin and they will be enjoying greater profits so now they are more cautious with their investment strategies.

I agree. It was too risky at any point of view getting into something even not investment on engaging into a thing you do not know anything about. Talking about investment, if you do not know anything about a certain project or cryptocurrency and you just keep on investing because your intuition, maybe you might be lucky to get a profit because of that move but a big probability to fail since you do not know anything about the platform you wish to enter. Investment is not a thing that people who do not understand or do not know anything about it must do. Doing investment also needs precautionary measures and thorough research as well as beinf able to understand how a certain cryptocurrency you wish to invest works. If you fail to understand and you do not have any knowledge about, then you are just risking your money for investment because more or less, the possibility of losing your money or getting into a scam is more likely to be 90% and the chance of a lucky guess on having a success investment will be just 10%. If that will continue, instead of gaining profit, you will be left behind paying debts or the worst case is that nothing will be left for you. So if you do really want to get into investment, better be knowledgeable enough to know more about it.

Shockingly, numerous individuals invest their cash, they themselves don't have the foggiest idea what, the explanation behind this might be the across the board publicity around the venture object, which may end up being a scam project .A great deal of errors with contributing emerge because of absence of information and people tends to loose their investment

On the other hand many people have earned in the same way. Many investors do not really know where to invest and I believe that it is impossible to know everything and take everything into account, that's why people ask for the advice of other, more experienced people. I believe that you need to trust but verify.

The biggest mistake of the majority of investors.  Nobody cares about future plans, perspectives or even reading a whitepaper. The only things that everybody wants is to take part in Binance IEO and get solid money back.

It is a usual Practice by new investors to ride the market and when the bitcoin market was on a bull run last time there were many who invested to ride the rally using credit cards and so on and they were the biggest loosers when the market started falling as they ended up in huge losses.

When i started investing in the ICO market i used to initially listen to people who i thought could be trusted but later found out they are shills and cannot be trusted and after that i never bother about the shit market.

Probably something that make more sense than usual. I almost get into the cryptocurrency world without any prior knowledge of cryptocurrency and Blockchain but made some investment with different platforms before I eventually joined this forum for more information about Bitcoin. Haven zero knowledge about a product doesn't matters only only if the product has a good prospect.

investment depends on the confidence of each investor. if you believe in coins then you will also take that choice and vice versa. for me personally investing is a high risk and also a challenge in the market. I am not hypocritical to use small funds in some random coins, because this is based on my belief.

Most of those that keep being scammed by icos are making that mistake, I do not have any problem admitting that I do not know what an ico is trying to achieve with their project and I do not get intimidated by it, if I do not understand it I simply do not invest in it.

But when other people have to confront the same situation they think that if they do not understand what the ico is trying to achieve then the ico must be good since it is so complex but as we know most of those people will get scammed as they invest in something they do not understand, something that is a clear mistake according to some of the most basic investment guidelines.

That is the reason why there are many investors are failing to achieve their goal. Some are not studying things that are important, they should have done some background check to that particular project so that they can confirm that they can really earn from that. There are so many ways to prevent scam projects. Whitepaper is one of the answer to that because if you read it, you can gain information about the project of what are their plans. You can see also the roadmap in which they are stating the plans every quarter of the year or every year. You can also check their websites because some information are stated there and also the team. And you can also have some information from the other investor if why they actually invest their money to that particular project.

Newbies in crypto that are rich go on investing on different hyip projects believing they will get more money. Majority of the projects last year were scam. Only a few coins/alts got listed, hope they invest on a great project this 2025.

What I've just observed, mostly scammers are usually using decentralized application to make contacts and to have victims. In some other time, they post in forums or groups to attract people's attention to contact them. Some do offers competition and advertisement salaries, but what makes them similar to one another is the anonymity of the person trying to propose an investment to you. So, this topic perfectly fits the condition of not trusting someone or invest to someone you didn't really know.

They wanted an easy money but the sad truth they will ends up being scammed by those scammers who also aiming for quick money. If you want to have good investment, best to begin with enhancing your knowledge and not to invest to something that you don't have any ideas. It will be a good advantage to anyone who are willing to succeed from this industry.

When crypto came to our life, there's always a saying that this will change our life, and for sure for most of us did change our life because of this  opportunity. Investing in crypto, there's always risk associated with it, so it will be up to us how we are going to take risk, but before taking risk let's always do research on it.

starts from a curiosity, then the hype comes to try to convince someone, coupled with the existence of greed and always thinking (will get big profits and get rich quick). it's true, everything related to cryptocurrency, blockchain, investment, everything needs learning. but in reality, hype is inevitable for those who are curious and try to enter.

yes you are right some investors only follow the bitcoin hype and hope they can get profits quickly. most people are easily tempted by the lure of great prizes. they hope that bitcoin can rise as high as 2017 without doing market research and analysis properly. so in the end it's not the profit they get but the loss. therefore we must always do our own research before investing.

yes, but believing in something must be based on clear reason. And it needs deep research
Make sure before investing in something, we have to understand what we invest in

To me, at least I read carefully the project whitepaper. That's minimal thing that should we do
Maybe it is not 100% will guarantee our investment, but at least we reduce the risk by knowing the field

For some that invest in a project that they do not know anything about takes a huge risk while some that also take time to study what they intend investing about also take a huge risk. Both people that fall in this category risk in one way all the other since there is no certainty that the investment will be positive. I believe the major reason why people invest is just to make a profit and most time when you intend to invest to get a profit in a short time you will discover that you pay little attention to what the project is all about. What will be registered in your head is how much you intend to make from the investment. For instance, do you know that many traders like buying dumped coin? do you think they research those coins before buying them? No. All they are after to make short term profit and jump back to investing in another dumped token.

Warren Buffet said that i just only invest a product or business i know it thoroughly and its future outcomes,Crypto world  is for all and big platform where can earn for life but before invest in the crypto must follow the rule and educate yourself about the crypto.If you invite friends also teach them that they can independently take the decisions reated to investment.

I think that traders who buy coins after the dump and do not study them are traders who have a lot of money. a good trader always knows which coin he chooses. We all understand that only technical analysis is not suitable for us. the fundamental strength of the project is also very important.

during it can came the profit? why not? experience can make decision about it, maybe people has experience or history about crypto it can make decision for invest so not only focus on blockchain and technology. then beside that you still can learn and read about crypto for youself

A very good question but the fact is this. Most people are tired of working hard. everyone wants to make money easily without stress. this is the reason why scam project are on the raise. Many are lazy to study investment and business. they all want quick returns. that why business are failing and people are just trowing money everywhere to see what will come out of it.

investing in cryptoqurrency is a high risk, but I assume that the risk can also be profitable if for investment. investment is also like speculation. so I think investing should be patient, choose a decent coin, including having large users, and already registered in the top market.

Are you a joke, you don't need to know or understand everything about a project before investing into the project, do you want to tell me that all these big investors understands what they invested into. There was a day I was watching Comcast CEO talk about fibre optics, he said Bill Gate told him that it is the future and they invested into it and ended up been a good investment, but what about those that invested into Laser Disk, some people feel it was going to displace CDs but never scale. Invest into people that you trust then your chance of winning is brighter and remember not all projects Bill Gates and all the billionaires of these world ended up a success

If you want to make money by investing, you have to be a good researcher. If you invest without doing research, you can lose money. Also, to enjoy this job, you have to love to do research. I think we should feel the excitement of technology.

the mistake is in ourselves, we have not been able to hold the desire to have a lot of money, try to hold it and try to analyze what investment you want, and do not follow people

I agree with this, everyone started being a beginner and we should teach our friends so that they will not be lost in this industry. Lets face the fact that we all invest blindly when we are beginners and don't know what we are doing. We just hope that certain coin/token will moon one day without knowing the use case and the team behind it.