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Author Topic: Tips for beginners to avoid getting scammed  (Read 1997 times)
streazight
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June 17, 2017, 02:37:37 AM
 #41

Make your passwords confidential,
Be consistent,don't just make unverified trading and transactions.(be sure it is genuine)
Reading other people's post will do a lot in guiding you.
That's just my advice for now
Really a superb advise is given by you and I am totally agree with your points. Before investment be sure about the site that you are gonna take Bitcoin from and be sure that the trading process is under a huge company. And it is a well-known company. Never tell your key pass to anyone you need to be smart and positive thinker before using it.
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June 17, 2017, 09:09:00 AM
 #42

Can you suggest some precautions for beginners to avoid getting scammed ?


Avoid joining those double your bitcoin programs and Hyip's (high yield investment programs). Do not join those people telling that they will trade for you and double your bitcoin in days or weeks you will likely be scam by those people as i see many people posting it from bitcoin groups. Do some research or ask here. 

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June 18, 2017, 12:46:03 PM
 #43

Can you suggest some precautions for beginners to avoid getting scammed ?


Avoid joining those double your bitcoin programs and Hyip's (high yield investment programs). Do not join those people telling that they will trade for you and double your bitcoin in days or weeks you will likely be scam by those people as i see many people posting it from bitcoin groups. Do some research or ask here. 

I agree. If something is too good to be true, its more likely a scam. Hyips have a way to attract people who prefer easy money but if you want to try your luck there, reasearch. Look for facebook pages, scan through comments,threads and discussions. It's better to be safe than sorry. That's coming from someone who got scammed by joining a hyip and learned a bitter lesson

 
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June 18, 2017, 01:04:11 PM
 #44

Can you suggest some precautions for beginners to avoid getting scammed ?
For my suggestion, avoid HYIP and shitcoins then start investing altcoins which has a strong support and has a good repuation so that you'll never get scammed in your investment. Don't look for easy money, everything is not taken for granted thus we should be more strategic if we want to earn more.
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June 18, 2017, 01:13:39 PM
 #45

Can you suggest some precautions for beginners to avoid getting scammed ?
Well... You must choose altcoins that has good reputation,it can survive for long time.
 Also the altcoins has big capitalization can be checked on coinmarketcap.com
Making invest in new altcoins is high risk losing due to the new altcoins can be scam in the future.
TitanGEL
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June 18, 2017, 01:26:04 PM
 #46

Good that you asked Smiley

- Hold your Coins
- Do not invest into sites that promise '2% Return Monthly' 'Get 15000 satoshis daily by depositing XXX BTC', these are most likely scams
- Avoid the investors-based games thread
- Try not to trade/invest in altcoins to earn BTC if you are a starter (only trade with what you can afford to lose)
- Read more on this forum (many posts are helpful)
- If you are using any service that uses your Bitcoin (i.e. BTC Wallets, Exchange Sites), do check for its reputation and security

Do not get pulled in into a ponzi, nothing is free in this world, you have to work hard if you want to 'earn' BTC. Cheesy
This is the best answer for the beginners. You are correct to hold your btc and invest it in to your wallet. Trading is a difficult job. You can't be sure that you will earn a big money if you enter the world of trading. Trading is has a high risk so trading is unpredictable job.

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raven7886
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June 18, 2017, 01:26:16 PM
 #47

Make your passwords confidential,
Be consistent,don't just make unverified trading and transactions.(be sure it is genuine)
Reading other people's post will do a lot in guiding you.
That's just my advice for now
Really a superb advise is given by you and I am totally agree with your points. Before investment be sure about the site that you are gonna take Bitcoin from and be sure that the trading process is under a huge company. And it is a well-known company. Never tell your key pass to anyone you need to be smart and positive thinker before using it.
Being smart is the key always. Not just beginners, even experienced people do get scammed some times just due to the reason of not being smart. Being smart could be confirmed by carefully choosing established institutions for any requirements like exchanges/investments opportunities/gambling sites or it can be anything. When we are choosing right options after many thorough researches, the chances to get scammed will get minimized significantly.
MWesterweele
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June 18, 2017, 04:29:44 PM
 #48

Can you suggest some precautions for beginners to avoid getting scammed ?
For my suggestion, avoid HYIP and shitcoins then start investing altcoins which has a strong support and has a good repuation so that you'll never get scammed in your investment. Don't look for easy money, everything is not taken for granted thus we should be more strategic if we want to earn more.
Yes this is true. Try to avoid hyip it may be good in our eyes but somehow it can deceive us.  They will tell you that you will earn more than you have been invested but the real thing is, they only fool you they only want the referral bonos that they will get once you have been invested some money. Be wise and be a keen observer too.

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June 18, 2017, 04:36:56 PM
 #49

Can you suggest some precautions for beginners to avoid getting scammed ?
I think you must never invest your funds on hyip and Ponzi website, it will be scam service in the ending, the investors never get back their money, if you want makes transaction on here always use escrow service that can be trusted with the sign many positive reviews from another users, i hope it will help you to avoid from scamers.
roadbits
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June 18, 2017, 04:50:49 PM
 #50

Make your passwords confidential,
Be consistent,don't just make unverified trading and transactions.(be sure it is genuine)
Reading other people's post will do a lot in guiding you.
That's just my advice for now
Really a superb advise is given by you and I am totally agree with your points. Before investment be sure about the site that you are gonna take Bitcoin from and be sure that the trading process is under a huge company. And it is a well-known company. Never tell your key pass to anyone you need to be smart and positive thinker before using it.
Being smart is the key always. Not just beginners, even experienced people do get scammed some times just due to the reason of not being smart. Being smart could be confirmed by carefully choosing established institutions for any requirements like exchanges/investments opportunities/gambling sites or it can be anything. When we are choosing right options after many thorough researches, the chances to get scammed will get minimized significantly.
Yes if you have bad luck you may be an experienced or newbie you will lose money, Scammers will cheat you. So be smart in your work never trust anyone easily. Do research how much you can possible and use the site to do trading. The scammers will make you tempt to providing some huge promotions offers. Don't get excited for that type of offers. If you have confidence then only you move your step or else step back from that work.
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June 18, 2017, 11:27:49 PM
 #51

Can you suggest some precautions for beginners to avoid getting scammed ?
The avoid getting scammed, use escrows, don't invest in HYIP, and always check the review of a certain investment. If that investment has a small problem, don't continue investing through that since it could scam you.
Savemore
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June 18, 2017, 11:46:31 PM
 #52

Can you suggest some precautions for beginners to avoid getting scammed ?
You need first to study all about tradings. There is high risk  in the trading world. Before you invest you must focus to the cryptocurrency world. You must be smart and really intelligent before you enter the trading world.
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June 18, 2017, 11:55:11 PM
 #53

Can you suggest some precautions for beginners to avoid getting scammed ?
I think you must never invest your funds on hyip and Ponzi website, it will be scam service in the ending, the investors never get back their money, if you want makes transaction on here always use escrow service that can be trusted with the sign many positive reviews from another users, i hope it will help you to avoid from scamers.
I agree with you . Investing in HYIP and PONZI is a big mistake. We can lose all the money we have. But there are some jobs that are also high risk, for example is gambling. So I think a beginner should be able to avoid everything that has a high risk. with a small capital you can become discouraged and left bitcoin forever.
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June 19, 2017, 01:21:54 AM
 #54

Just like real money - we really need to be careful with our btc.
Be careful of those fake bitcoin exchanges Often on social media you’ll see a link saying something like “Buy bitcoin for 5% under market value. Save big!” This is a marketing trick to get you to visit and use their fake exchange.
If you visit any exchange site the very first thing you want to do is make sure it’s HTTPS secured and not HTTP. This means that the web traffic is encrypted and secured; if it’s just HTTP without the “S” that is a big red flag and means stay away.
Another red flag to look out for are fake exchanges that offer selling Bitcoin for PayPal. On these sites you’ll see a web form to enter your PayPal email and amount to sell. After submitting, you will be presented with a QR code to send your bitcoin to. But the money never arrives. Also, be cautious with those fake bitcoin wallet - Just like with fake Bitcoin exchange sites, you should trust your instincts and look for red flags. Does the wallet site use HTTPS? Is the name of the wallet site trying to resemble another reputable Bitcoin wallet by impersonating it? Outside of the obvious, it may be hard to tell if a wallet is fake. A good practice is to ask your peers if someone has used the wallet before.
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June 19, 2017, 02:19:51 AM
 #55

Can you suggest some precautions for beginners to avoid getting scammed ?
As everyone above has mentioned, do not believe in anything such as HYIPs, Ponzi sites EVER.
It's a big fat mistakes. Everything has its own risk, but don't do it if you don't feel confident doing it.
Ask around first or look for more information related to it.
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June 19, 2017, 05:22:25 AM
 #56

Can you suggest some precautions for beginners to avoid getting scammed ?

When its too good to be true. It's totally scam.
So you better watch out who you dealing with
but before that equip yourself with enough knowledge because its not that easy to earn coins just to be scammed.
Be wise, smart and vigilant when you're dealing in anything.

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