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Author Topic: How can you invest in bitcoin without being scammed?  (Read 3030 times)
ubay
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October 04, 2018, 11:41:25 PM
 #161

Knowledge is everything, before you invest in something it would be nice if you seek prior information. Do not just follow the investment because of the persuasion of friends or something.

muhammedb
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October 04, 2018, 11:59:32 PM
 #162

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 is very common to fall in the hands of scammers when try to invest but you can also avoid been scam by going straight to cryptocurrency exchange that are using USD just convert your USD to bitcoin there. They are still allot of fake exchanges that intend to scam investor by clone other exchange with similar URL so always check before you login
VaryTime
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October 05, 2018, 04:21:10 AM
 #163

You should be careful and only invest in trustworthy project to avoid scam. You also should prepare your own knowledge about crypto world to succeed without being scammed
pragna
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October 05, 2018, 07:12:16 AM
 #164

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 ?

Just go to market and select 10 top valuable tokens into market and also keep eye into their price 15 to one month. You can also research these tokens roadmap and ICO proce. So when you will keep eye these tokens market you will easily understand how much you will invest into market behind these tokens. But not do enough invest. Go will small invest and make you happy. best of luck.
katerinaliisa
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October 05, 2018, 07:57:37 AM
 #165

Working with cryptocurrencies you need to be as careful as possible, constantly check the data and addresses. Be vigilant, always think about all the information and the most prepared for fraud.

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October 05, 2018, 11:31:16 AM
 #166

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 you want to avoid fraud it's better to buy bitcoin or altcoin on a market that is often used by people. at present there are many crypto currency markets that we can use as bitcoin buying and selling transactions. if there are people who offer cheaper bitcoin prices and they have their own site and are rarely used by people then we don't need to buy anything with them because they are fraudsters.

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October 05, 2018, 11:45:38 AM
 #167

 Roll Eyes I guess you can invest in bitcoin without being scammed if you check the legitimacy  of bitcoin you are joining get the right information and check your security wallet so that you will not get scammed or hack, find ways to secure everything you have and don't go to some place unknown to you

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October 05, 2018, 11:51:41 AM
 #168

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 have to educate yourself about cyber security as most of the hack happened not because of bitcoin but because of the person holding it due to lack of knowledge, study how you can protect yourself, identify how thhey can penetrate you, what are thier point of entry etc. ie. phising emails, downloading crack apps, clicking suspicious links etc...
zubrr51
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October 05, 2018, 11:54:53 AM
 #169

There are important rules to avoid scam against yourself. One of them is not to follow unfamiliar links.

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October 05, 2018, 12:12:26 PM
 #170

Before I buy any Coin not just Bitcoin I check the site and look for reviews and ask for recommendations from friends who already used the site to buy or sell. I don't like the idea of playing guinea pig where I will test if site is good or not. Don't play with your money on those doublers or get rich quick schemes. If its too good to be true, don't put your money there.
Agree. do not easily trust a third party especially that in the internet world of course everything is at risk. so Research is a mandatory thing that you must use before doing anything like investing or choosing an exchange site. research use your communication  to ask your friend,look for info about sites that you will use, whether they are trusted, paying, and so forth.
muchachita14
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October 05, 2018, 12:17:08 PM
 #171

You should only purchase bitcoins or any other cryptocurrency in trusted sites such as Coinbase or even Robinhood. Same principle as anything else, you should buy only from verified sellers.
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October 05, 2018, 12:22:04 PM
 #172

i think it depends on you and on your country. you should be careful because scammers work pretty good on cheating people
John5826
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October 05, 2018, 12:36:27 PM
 #173

 You cam invest in bitcoin without scammed.In this reasons you can apply some techniques such as:   
                                                      1.Must have a personal computer.
                                                      2. You always being very careful .
                                                      3. You do not share  any information about your bitcoin account to another person.
                                                       4. All time you clean computer bookmerks.
                                                       5. Password do not save in computer.
Carrelmae10
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October 05, 2018, 12:43:34 PM
 #174

..it is up to you if you allow anyone to be fooled in doing some investments..before you will going to buy bitcoins..make sure that it is really legit..how would you do it??..first..make some background investigations..then reasearch in your own effort to investigate weather that kind of investment is a scam or not..i am advising anyone of us here in this forum that we should take all the responsibility in losing or ganing of our money..we should not give our trust to someone that we just have newly met..make sure that the money you invest are those money that you are afford to lost so that you will not gain big regret in the future..

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MahalQu2612
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October 05, 2018, 12:43:41 PM
 #175

For your safety, I think that before you buy or sell Bitcoin with someone else, you should find a reputable person to mediate for this deal. Also, you can meet and deal directly with the seller or buyer


You mean just like an escrow, that's what your trying to emphasize right? In fact, there is some other methods for us to have bitcoin without getting any capital into our pocket actually, though it may take times before we achieve it. By simply joining in bounty campaign, this may take 2 to 3 months if you comply their task needed weekly for you to have stakes according to your rank of course. But for sure if the project become success you are entitle for the reward token which they can pay you out according to your work through the total stakes you gain.
Wittycoin
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October 05, 2018, 12:46:43 PM
 #176

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 ?
Well you need to buy on a legit exchanges or a popular exchanges like binance, huobi, kucoin, okex and many other that most people here suggested on you where to buy.
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October 05, 2018, 12:49:33 PM
 #177

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 ?
Well, I think the best thing to do in investing Bitcoin without even bothering of getting scammed is that buy Bitcoins in a trusted exchange. Here in my country, I can clearly say that we are safe enough to purchase Bitcoins in our local exchange as it was regulated by the central bank so that is why trading is quiet smooth and has nothing to worry about getting scammed.

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October 05, 2018, 12:51:40 PM
 #178

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 ?
We can not be fooled when we do the right thing. First we have to find a reputable home exchange of fiat money with Crypto. Then you can buy USDT to send them to the big trading floor and prestige. Simple and never cheated.

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October 05, 2018, 01:19:23 PM
 #179

You have to take responsibility for your own security and take special precautions to stay safe.  For instance type in the url and triple check it.  Then save it to your bookmarks so you never make that mistake.  Have a separate computer to make your transactions and do not do any other web surfing from that computer.  Mostly simple stuff that is just inconvenient (but necessary)

that is true.. you are actually right because sometimes in the midnight there are some fish site they do send at night one you mistakenly click on it, it will redirect you to the scam site. that was why you really need to bookmark the website so enable you have the right one wen login in next time.

moreover during investment you have to be very careful with the people you are working so to prevent from being scammed. be sure of the site you are going or login do more research on what you are about to invest on.
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October 05, 2018, 01:21:57 PM
 #180

Using services such as coinbase is pretty good, but not only that most countries now have bitcoin ATM's, thats how I buy my bitcoin, I go to an ATM and buy it, very easy 5% tax, and thats it, you're prone from scammers Cheesy
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