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Author Topic: How can you invest in bitcoin without being scammed?  (Read 2996 times)
BrewMaster
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July 29, 2018, 02:36:39 PM
 #21

the same way you invest in anything else without getting scammed.

for example there are people selling fake gold coins with the same looks as real coins with the same price. what do you do about it?
it is simple you go buy bitcoin (or anything else for that matter) from trusted places. in this case a trusted exchange like Coinbase, Kraken,... and you also educate yourself so that you know what to look for, what is a real bitcoin wallet, ....

There is a FOMO brewing...
hardtargetbtc002018
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July 29, 2018, 02:45:58 PM
 #22

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 ?

It's really difficult to avoid from any scamming activity because even legitimate sites are now being attacked by scammers and also they are making their sites more attractive influence people to use so they can get importants information.
notyours
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July 29, 2018, 02:57:44 PM
 #23

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 ?
The best way to invest in investment is to know what risks we can face and how we can get it. We must be wise because it is hard to plunder the money we earn. The only risk that we can face here is the voltile bitcoin price that we can overcome through patience.
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July 29, 2018, 03:12:36 PM
 #24

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 ?
more thorough and alert to all things that harm as much as possible to avoid any sites that we do not know should change the key code periodically every month
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July 29, 2018, 03:17:50 PM
 #25

You can avoid those things if you already got a good ideas about investment, there's a lots of ways if you are really worried about your money better to start reading and researching about possibilities of those investment platform, websites can be faked as you mentioned so make sure that before you place your money you already investigate about the business and if the site doesn't have any malicious reviews, take time and don't rush in with your business, its better to be safe than sorry after.

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July 29, 2018, 03:52:07 PM
 #26

looking for sources that really can be believed of course, or buy directly from bitcoin holders.
I do not know, it's also very difficult to distinguish between fraud and non-fraud.
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July 29, 2018, 03:53:04 PM
 #27

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 ?

That's is also our goal in life that hoping we gonna experienced victimized scammer because all off our centavo, Satoshi or any kind of currency is coming from our effort or eagerness to have  Bitcoin but there are some guy to do a bud thing that really directly affected to the low class of living. I hope these will not gonna happen to us because scammer is lively 24/7.
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July 29, 2018, 05:00:36 PM
 #28

The most common suggestion is have some knowledge on what your investing because investing takes lots of knowledge and sometimes experience form it especially when you are investing in cryptocurrencies there are many categories and choices of different Altcoins and coins you can choose from so you need to be careful on picking one, but sometimes no matter how good you are you can be scam as well but learn from your mistakes or learn from others mistakes and wrong desicions.
KagiSama
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July 29, 2018, 05:12:30 PM
 #29

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 ?
if there is a way to avoid scammers, then there will be no more scam. investing have a high risk, unless you know well the staff and the project. if you are scare to lose your money, then you better trading than investing. trading well known coin will give you low risk to get scam, and trading new coin will give you more benefit. that is my opinion.
tylerderden
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July 29, 2018, 05:43:20 PM
 #30

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 ?
That's pretty simple as you should always use escrow for buying or selling your digital assets as without escrow its quiet difficult to distinguish between a trusted seller or a scammer but if escrow is involved in the trade then the process become hassle free and also quiet easy for both the persons.
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July 29, 2018, 05:48:33 PM
 #31

Even if it is easy for experienced people to get into such a trick, the best way is to hold your coins, don't change your wallet frequently, and try to trade on the big exchange.
Naughty Princess
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July 29, 2018, 05:50:38 PM
 #32

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 ?

It's really difficult to avoid from any scamming activity because even legitimate sites are now being attacked by scammers and also they are making their sites more attractive influence people to use so they can get importants information.
Invest in coin that has potential and not for those developing coin, also it takes less risk when you invest using local exchange rather than different platform or exchanger that is being hack easily. Also do not believe on those people easily because sometimes soft spoken person used their ability to scam people. When you already have bitcoin, much better to hold it and never sell on low price, wait for the good price.

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July 29, 2018, 05:57:51 PM
 #33

the best way to know that you will not be scammed is to buy your bitcoin in trusted sites as they have already mentioned in this thread, and in turn choose sellers that have a good score and the best recommendations, sometimes it happens that we buy bitcoin at an incredible price but, the seller has bad repute and you will be scammed.
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July 29, 2018, 05:59:42 PM
 #34

I think that you have faced a negative experience but this doesn't mean that everyone will be a scam. you will find different types of investmens each of which will include some risks but i m sure it will be worth it

EdenHazard
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July 29, 2018, 06:10:44 PM
 #35

In my country someone can buy bitcoin in local exchange which has listed and legalized by the government as a trusted place. At least, this way will provide amenities for a newcomers against scammed. A newcomers only need to make sure that it comes to the correct local exchange site, or another safer way is they can come to the local exchange office is located. That way, only 0.001% you will meet scammed when you want to buy bitcoin, and I guess local exchange already exists in your country.

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July 29, 2018, 06:40:58 PM
 #36

Check everything unless you are 99% sure its a legit project you plan to invest in.
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July 29, 2018, 09:33:20 PM
 #37

You can buy bitcoin directly from the reliable exchanges market in your country or you can buy it by choosing well known exchanges like Coinbase, Kraken by swift transfer.
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July 29, 2018, 09:55:57 PM
 #38

I just use online wallet( an app) in investing on btc just leave it there wait to pump then convert to our local currency once profited...  I just make it secure by using 2fa and passwords..  And nver been scam im also careful on sites or link im clicking for these might are phising sites.. It is us who are responsible on our own security. 
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July 29, 2018, 10:15:22 PM
 #39

Scamming has become very rampant all over in the crypto world but the safest way to invest into btc without being fraud or scammed is to make sure you get a good platform by reading thorough through it.

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July 29, 2018, 10:18:11 PM
 #40

You can buy bitcoin directly from the reliable exchanges market in your country or you can buy it by choosing well known exchanges like Coinbase, Kraken by swift transfer.

that's true the only way not to get scammed which by the way by now I'm sure you now its quite likely is by really investigating the source you're buying from.
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