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Author Topic: How can you invest in bitcoin without being scammed?  (Read 2996 times)
Dwey
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October 26, 2018, 08:18:02 AM
 #381

Honestly, all investments will always have some risk. There’s so many ways of being scammed it’s either phishing or your private keys got leaked. It’s all up to you to secure you account be careful on transactions and do research before doing something with your bitcoins or altcoins.
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October 26, 2018, 09:16:09 AM
 #382

it can be done by buying bitcoin in an exchange, definitely avoiding a scam. bitcoin is still the safest coin for investment from any coin, so I think it will continue to be used as the best way to invest in bitcoin.

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October 26, 2018, 10:12:35 AM
 #383

You should know, Bitcoin self not scam. Before you start, you must read about cryptocurrency, and what your plan for your invest, short term or long term  Wink

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October 27, 2018, 06:10:49 AM
 #384

Their no bitcoin scam if you bought bitcoins in legit crypto market for sure you will get bitcoin without being scammed. Don't make transactions in peoples will sell their bitcoin to avoid scam.
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October 27, 2018, 06:13:36 AM
 #385

There are a few trusted exchanges that you can search first before buying or investing your bitcoin. We have a local exchange here in our country that operate few a few years and it has never encountered any issue with their platform and highly recommended. So my advise is you need to ask people first who has experience on those sites.
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October 27, 2018, 11:54:35 PM
 #386

bitcoin is still a very promising investment, there is no doubt at all for investors not to trust this potential coin. there are many ways that can be done to avoid fraud, one of which is by buying in a local exchange market that has trusted security and we can manage it ourselves when the right time to sell it to get a profit
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October 27, 2018, 11:59:24 PM
 #387

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 fishing there are many means, but first of all it is your attention and vigilance while working on the network. Most of the top anti-viruses are now equipped with a system of protection against fishing. I use Kaspersky. It works perfectly for them. Some browsers use built-in protection to show the correct sites with icons. You can also add a site to your bookmarks to always be sure in the tab you open.
bitfocus
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October 28, 2018, 11:25:38 AM
 #388

Few steps to avoid scam while investing in BTC:
1- Don't trust everything you see/read online - use your brain
2- know your investment
3- use only the extra money - no loan, no credit, no borrowing, no selling properties
4- wait up - have some  patience
5- act like a mature one - try to grow a filter in your sense that can remove rumors from the news you read online.
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October 28, 2018, 01:05:41 PM
 #389

The best way for you to invest in bitcoin without being scam is to not negotiate with people. They are the one who do these scams that they actually must not do. Well we cannot control them so you must be really careful when doing so. Invest in exchanger. Just be vigilant and use your brain. Use your common sense. The only way that people can be scammed is because they can be easily fooled. You might also try to consult some of the reliable sources and also people but only those that are really reliable.
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October 28, 2018, 01:21:06 PM
 #390

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 ?

First of all, always check the person/website if its legit. Check the website if its secure, read the reviews & feedbacks. For transacting person online always ask for legit check or approval from other people he/she transacted with. The best option is make a Videocall with him if he's the real person you are talking to, ask and ID for KYC.
Lastly, avoid opening emails tha tgives links from unknown sources to prevent you from phishing attacks.


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Muzika
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October 28, 2018, 01:28:26 PM
 #391

of course when you invest to bitcoin you should scan the site if it is legit or not you should look for some reviews regarding the site that you wanted to invest in, I do suggest that you can put some bitcoin in your local wallet if you want your money become safer. If you want to invest in alts it is hard to make an assurance that your investment is safe.
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October 28, 2018, 01:38:35 PM
 #392

to avoid the scammers, the key is one, before you investing in any platform, you need to do some research about the investing platform that you use, like from other people that already use that platform or anything else

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October 28, 2018, 04:32:37 PM
 #393

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 you start to enter the cryptocurrency world, make sure you are fully understand what you want to buy or investing on.
If we have enough knowledge about crypto, we know that transacting in crypto is risky. So we must do our research before we buy something.
If you want to buying bitcoincash, i suggest you buy from trusted big exchanges like binance, bitfinex, etc. or use escrow if you not using big exchange.

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October 28, 2018, 05:50:50 PM
 #394

First of all you should be secure your account and there's no need to invest your money to any investing platform. You could be keep your Bitcoin for a period.
If you can't keep it on HODL then you should be aware about investment. No one will tell you about a particular platform for investment but they can be suggest you about different investing strategies.

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October 28, 2018, 06:14:50 PM
 #395

only 1 key... that is "careful", fraud and scam are things that cannot be removed at any time but we can reduce it more cautiously and be careful. then it's sure, if we are more careful and not easy to believe, we will not be scammed by anything including when investing.
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October 28, 2018, 07:15:40 PM
 #396

you should be carefull. try to find a reputable person
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October 28, 2018, 07:30:08 PM
 #397

It is safe to buy bitcoin with a credit card through a reliable exchange, I think this is the safest way !

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October 28, 2018, 07:42:22 PM
 #398

You need to find out how the social networking site about bitcoin and how to buy. Set up the store where hard wallet or store on the exchange, limited to the wep site can be malicious code.
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October 28, 2018, 07:52:40 PM
 #399

Nice question been asked, in this side I think the newbies that are coming into the Cryptocurrency atmosphere need to be very vigilant in times of buying and selling as well. We have many Whatsapp and telegram escrow groups but trust no one. I think we have
https://remitano.com and even https://luno.com where one can still buy and sell with ease.
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October 28, 2018, 09:32:02 PM
 #400

I think that it is possible and we have chances to do this without being scammed. to my mind, it is better to invest in btc now because the price is good now and we can earn
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