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Author Topic: How can you invest in bitcoin without being scammed?  (Read 3029 times)
cunicula
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October 24, 2018, 04:33:14 AM
 #361

Buy from reputed exchange and sell on the same level of reputed exchange.
Avoid dealing blindly and always use middle man wherever as possible.
Ruffian1314
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October 24, 2018, 04:45:11 AM
 #362

It is very easy to invest in bitcoin without being scammed. You only need to buy bitcoins and the hodl it in your wallet and that's the very simple and safest way to invest in bitcoin. Buy bitcoins in exchanges that are very popular and has the most high rating exchange.
Pattart
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October 24, 2018, 04:58:50 AM
 #363

Therefore, let us enrich ourselves with a lot of learning to seek insight so that we in entrusting our investments, we are not suspicious but have certainty that what I follow provides benefits or benefits for ourselves. The big impact is money or our investment is lost due to scammed and the one who is blamed is nobody but ourselves who is less understanding about bitcoin.
There are many types of investments in bitcoin and cryptocurrency, such as cloudmining, PTC, and other investments. you're right, you have to enrich yourself with complete information about what investment you choose. don't let you be blind to that investment, because all responsibility is yours..
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October 24, 2018, 05:15:48 AM
 #364

I always make investment with bitcoin and altcoin when price is really on lower, I will waiting when bitcoin and altcoin really drop price to buy and invest, when bitcoin raised up I will never buy it because I think too risk to buy at higher price.
GreatGEEK
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October 24, 2018, 08:26:15 AM
 #365

If you are worried about being scammed, don’t buy crypto directly from people but use an exchange. Choose the largest and the most popular one. You will have to pay fees and give your private information but these measures are reasonable for the security. Don’t trust sites or companies that offer high profits for a low price. You need to have enough knowledge about the crypto world and be very attentive about everything concerning investments.   
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October 24, 2018, 08:37:27 AM
 #366

If you invest in bitcoin. You should not trust anybody even if you know them. Especially those people who you don't know. Because they can be one of the scammers in crypto world. And always takecare so you won't be a victim of scammers.

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MartinDonald
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October 24, 2018, 08:48:40 AM
 #367

If you are a new join the crypto market, you should learn about the market, learn the experience from long-term investors. Fundamental knowledge and careful calculations help you avoid being tricked into investing in the crypto market.
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October 24, 2018, 08:49:33 AM
 #368

I always make investment with bitcoin and altcoin when price is really on lower, I will waiting when bitcoin and altcoin really drop price to buy and invest, when bitcoin raised up I will never buy it because I think too risk to buy at higher price.


  We can evade by scammers when we have enough knowledge on deliberations about how we deal the circumstances that happened along the crypto world. And we have to balance the situations in order to make mistake and evade on losing profits.
rapsa2018
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October 26, 2018, 05:06:27 AM
 #369

As usual bitcoin is not a scam and thousands of people investing from it and lot's of them they wasting billion of dollars using for investing in bitcoin.
ghost07
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October 26, 2018, 05:52:02 AM
 #370

Don't invest in ponzi schemes or HYIP ,
If you really want to earn some profit with crypto you should start to study how to trade in crypto or alt-coin trading.
It is much more secure unlike investing in a HYIP that only have a small percent of paying you back.
Blocktopian88
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October 26, 2018, 05:57:21 AM
 #371

Yes, of course, why? I'd rather ask the samilar question with "invest in altcoin without being frauded"
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October 26, 2018, 06:11:59 AM
 #372

How can you invest in bitcoin without being scammed? There are people using very fine techniques like selling bitcoin cash in name of bitcoins using confusing websites name. How to be safe from such scams ?

You can start to buy Btc from localbitcoin and trade face to face. If you start with lower amounts, you can increase the transactions when you're confident that the seller is not a scammer.

Another alternative is to trade directly via well known exchanges: Binance, Bittrex etc.

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Rory Kylo
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October 26, 2018, 07:34:44 AM
 #373

How can you invest in bitcoin without being scammed? There are people using very fine techniques like selling bitcoin cash in name of bitcoins using confusing websites name. How to be safe from such scams ?
From my view, to avoid being scammed in bitcoin, you should not buy or sell bitcoin from person who you don't know. You should meet that person directly and take advantage of your knowledge about crypto to determine whether they are trustworthy or not.
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October 26, 2018, 07:49:59 AM
 #374

How can you invest in bitcoin without being scammed? There are people using very fine techniques like selling bitcoin cash in name of bitcoins using confusing websites name. How to be safe from such scams ?
Before investing in Bitcoin, or Altcoin, you need to study the cryptocurrency market, its advantages, disadvantages, risks you will face. This forum has all the information that will be useful to you, so do not be lazy.


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doodle07
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October 26, 2018, 07:54:43 AM
 #375

Its simple how to avoid being scammed but it takes a lot of effort to understand the market, investing in bitcoin is a very good thing just when you already knew and understood it,you will be able to avoid unnecessary risks. Just make an effort on reading in this forum and you will be educate rightly.

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AjithBtc
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October 26, 2018, 07:56:59 AM
 #376

To me it is good to get into trading rather than making an investment. As each and every process happens through internet the trust is the one that let's you to invest. Right now we've got lot of trusted platform for trading compared to investing. Upon this I prefer holding and trading than investing.

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October 26, 2018, 08:05:27 AM
 #377

To me it is good to get into trading rather than making an investment. As each and every process happens through internet the trust is the one that let's you to invest. Right now we've got lot of trusted platform for trading compared to investing. Upon this I prefer holding and trading than investing.
Investment is always have some risk like any other type investment including fiat, but because bitcoin is very promising coin that its good to invest in, then the best way to avoid scam is to buy it at any crypto exchange and there we can manage it on when is the right time to sell to be earn more profit.

Addywealth
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October 26, 2018, 08:10:04 AM
 #378

Honestly this is one of the major issues bitcoin and its investors are facing this days there so many fake websites and fraudsters online who pretend to be buying and selling bitcoin with the motive to defraud innocent people of the money. Many has lost huge amount of money into the hands of this fake people.
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October 26, 2018, 08:11:41 AM
 #379

In my opinion, when you’re trying to invest on something and you don’t want to lose your investments from being scammed, conduct research and be extra careful on handling your accounts info don’t ever let your account info getleaked on else say goodbye to your assets.
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October 26, 2018, 08:14:09 AM
 #380

You will receive an offer to invest in the mining activity of someone, usually in some third or third world countries. They will show you the potential of peach mines and promise that you only need to buy their CPUs, every profit from digging will quickly be transferred to your wallet.
But then you will quickly realize that the less control you have over your e-wallet and your fund, the higher your chances of losing money and you will have no way to save.
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