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Author Topic: How can you invest in bitcoin without being scammed?  (Read 2996 times)
Tashi
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October 05, 2018, 01:44:36 PM
 #181

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)

I agree. It’s about keeping your investments secured. Also, be knowledgable enough to determine if it’s a scam or not. Only visit legitimate and reliable websites.

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Bestorm
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October 05, 2018, 01:56:24 PM
 #182

I think the only way can help you stay away scam is prepare enough knowledge to protect yourself. Scam are always around you so you should be careful
qiwoman2
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October 05, 2018, 02:02:48 PM
 #183

The best thing to do is do everything yourself. Just either trade in Bitcoin against other cryptocurrencies and FIAT, or buy into other crypto projects with your BTC alone and making sure you don't engage with people DMING you on telegram pretending to help you and then they send you an address for you to invest in and then you fall for a scam. Also, don't get phished. Always bookmark the legit sites you want to invest in and never just randomly follow people around without doing your research. So many peeps get scammed in this Industry to to sheer laziness.


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October 05, 2018, 02:18:45 PM
 #184

you don't have to put lot of effort and sweat just to invest in bitcoin just store your private key in a wallet like trezor, electrum, and Hodl. and wait for the actual moment your investment taking into action to secure the future of your life by time itself shall tell you how far it got and you will never know what good will come on that investment.

life is a mystery you never know what this investment could provide you with your life along the process.

mcabrito
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October 05, 2018, 02:21:59 PM
 #185

I think the only way can help you stay away scam is prepare enough knowledge to protect yourself. Scam are always around you so you should be careful

I agree, as time passes by more and more projects are created that looks so legit and will only make an exit scam. So we really need to carefully review all our the needed things before making an investments
DoublerHunter
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October 05, 2018, 02:33:46 PM
 #186

If you will just be investing in bitcoin then there is nothing to worry about being scammed because buying bitcoin will not give you any harm because bitcoin is a safe investment and there is no downfall for investing in bitcoin and do not always believe to the other people who are keep on saying that bitcoin is a scam because they are the one is truly scam.
kerjakuat
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October 05, 2018, 02:41:27 PM
 #187

Always used a legit site before spent any money to buy bitcoin and use bookmarks to bookmark the page you visit so you will never end with a clickbait pages. Before selling and buying keep your private key offline for more better security. Do not download from unknown site and keep away from unknown mails.

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Chrisjay29
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October 05, 2018, 03:04:02 PM
 #188

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 ?

 Bitcoin is not a scam. There are some token in altcoin are scam but not all. It is just depend on how you manage your investment. But if you talk about bitcoin many people has been prove that bitcoin is not scam. People are just using name of bitcoin to scam people
Dadaro
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October 05, 2018, 03:07:44 PM
 #189

search for highest trusted and well establish cryptocurrency exchanges out there. to give you an example there is binance, kucoin, bitrex, bitfinex and many more. just try the withdrawal and deposit with small amount to be sure.
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October 05, 2018, 03:18:56 PM
 #190

I want to add a little, even though I realize there are many who give better advice than I would say, give me the opportunity to care and our common good. about security we should avoid things that people do not recommend to us either exchange or otherwise. keep buying and selling safe and healthy in the exchange that you are used to doing. many websites are camouflaged, you need to be careful before the transaction.
dimiinx
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October 05, 2018, 03:20:17 PM
 #191

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.
I myself guard with my own private if there is a scam I must refuse or will not take it so I secure my bitcoin in many ways of my own
mlsbd
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October 05, 2018, 03:23:01 PM
 #192

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 do not feel secure then it is best not to use. I think no need to use confusing sites in case of buying or selling both of situation.
Select top exchange which are very authentic than you try to use that without being scammed.
Elqui
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October 05, 2018, 03:28:29 PM
 #193

If you don’t want to be scammed in bitcoin, you need to research more on what company will you like to invest your money in, you should be careful nowadays because there are so many SCAMS.
Nanagyasi
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October 05, 2018, 03:31:34 PM
 #194

Most newbies become victims to these unscrupulous persons. I believe the main way to avoid been scammed is educating yourselves and familiarizing yourself with the main exchanges to easily identify scam sites.

adzino
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October 05, 2018, 03:48:15 PM
 #195

You should use trusted websites when buying bitcoin. Look for reviews on this forum and the internet before initiating any kind of transaction. Try to find multiple sites and choose a site that you will feel comfortable to use. If making P2P transactions, make sure you are with someone. After investing, you should take steps to secure your bitcoin from getting hacked. There are various articles that shows how to keep your coins secure on the internet. Follow them and stay safe.

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Jedie22
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October 05, 2018, 03:51:38 PM
 #196

Very hard for the first time investors to check each project legitimacy and authenticity, but through the help of threads and other information here in the forum some could check and research the project background before investing. Investing is risky but profitable. So scammers are all around you must be vigilant and observant so you wont be a victim of those gold takers.
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October 05, 2018, 03:56:53 PM
 #197

Most newbies become victims to these unscrupulous persons. I believe the main way to avoid been scammed is educating yourselves and familiarizing yourself with the main exchanges to easily identify scam sites.
Yes that is very helpful for us not to be a victim of these scam just to verify.  Before we invest let us do investigate first to avoid loses in the first place. Their is always a way to secured our investment determined to earn in bitcoin.
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October 05, 2018, 05:01:35 PM
 #198

Scammers can never be eliminated totally but what we will have to do is to be careful and look carefully whenever we are making any investment. Be sure to read every details.
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October 05, 2018, 05:43:56 PM
 #199

The first tip is to always verify the authenticity of the sites on which you will conduct transactions. Very often, people are faced with the problem of fraudulent sites that, at first glance, do not arouse any suspicion.
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October 05, 2018, 05:47:32 PM
 #200

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 an easy thing if you are a careful person and are very careful about your data and passwords, moreover you also have to be careful in opening the web because of this scam appears where you open a web phishing web that causes your account to be hit by a scam, even though you feel have kept your password confidential or your privacy key.
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