How can you invest in bitcoin without being scammed?

[dlhezter]

For newbies it would be better to use a trusted easy to use exchange. Most people get into crypto by using coinbase, the fees are high but the simplicity and security makes it a worthwhile exchange, you can then diversify after that to altcoin exchanges for bigger trading

Read and research are always been the key for success invest take risk and absorb lessons in crypto currency environment, always think of the possibilities and invest only in the valuable coins and stocks, diversify, risk spreading and do some techniques in handling your funds. Don't be fooled by other scam projects.

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[Crafts12]

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 ?

Being scammed by investing is really inevitable for a reason that greedy people spread all over the bitcpin or cryptocurrency community however, if you want to avoid and pretend it while doing some investment I think it is best to know first the investment you are going to enter. Then, research a little bit about it and when you find it is so good to be true then doubt it because no such thing exist. Be wise and strategic at all times.

[smile1218]

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 ?

Practically we need to study first before involving into any kind of investment. Crypto currencies are indeed very risky so we need to study first before investing otherwise we might loose all the investment.

[BabyBoss]

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 ?

Use exchange instead popular exchanger than peer to peer buying in people. I have no trust in people when it comes in buying bitcoin. To avoid being scammed avoid people.

[Yantoaja]

actually the level of risk of being exposed to a scam can be avoided if you are more thorough and better at securing your account, avoid phishing web sites that are in the name of your blockchain or wallet. Also avoid email emails that are scam. then the level of risk of getting a scam will be lower.

[Silberman]

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 ?

I suggest that you buy bitcoin in a large and trusted exchange. Don't buy bitcoin from a new person or exchange

Buying bitcoin face to face can be very safe but you need to do it with a person that has a very long reputation of doing those kind of trades and that everything went smoothly, it is not difficult to find people like that if you use localbitcoins but like always you need to be very vigilant especially if the amount of bitcoin that you want to buy is very big.

[maxilopez]

always check the site you are visiting for phishing. because I have a lot of friends lost their money because of their negligence

[Obolo]

I think you should do all your tradings at a well recognized and reliable exchange platforms like binance, etherdelta, forkdelta and the others. Also, you have to check that you have inputted the right url before connecting your wallet address details to such exchange playforms. You should never trade with peoples who claim to trade in bitcoin and other cryptocurrency via telegram channels or unrecognized channels. Stay safe from scammers.

[krishnaverma]

For newbies it would be better to use a trusted easy to use exchange. Most people get into crypto by using coinbase, the fees are high but the simplicity and security makes it a worthwhile exchange, you can then diversify after that to altcoin exchanges for bigger trading

Now that I know the basics , I can say that using a good exchange is very much important in my opinion as well. But criteria should also include the fees they are charging. There are so many trusted exchanges available now and most of them have competitive fees. Fess might appear small but it can accumulate and then add up to a big figure.

[burky155]

First of all you should know the bitcoin system little bit. You should know how to use your wallet, save your private key and passphrases. After that you need to find trustable and powerful local Exchange or market because you have to use it when you deposit or withdraw.

[dlhezter]

For newbies it would be better to use a trusted easy to use exchange. Most people get into crypto by using coinbase, the fees are high but the simplicity and security makes it a worthwhile exchange, you can then diversify after that to altcoin exchanges for bigger trading

Read and research everything before joining or investing in a certain ICO or project, Have some knowledge on how to invest and how will you profit from it. Most newbies only think of gaining without knowing that risk is every where. Scammers will take advantage of the weak minded people who have some few knowledge about crypto that will lead them to being scammed. Knowledge is everything by this you can excel in the crypto world and you will learn how to decide for your investments.

[Payme21]

The best way is by holding and selling it on a reputable exchange when the price goes up. That way you are sure of what you are doing

[Reatim]

The best way is by holding and selling it on a reputable exchange when the price goes up. That way you are sure of what you are doing

Yep, this is one strategy that is 100% sure you won't be scammed. But for those noobs out there, just try to DYOR before investing your hard earn money. Don't just blindly trust anyone who claims that they can double your bitcoin in short amount of time because that's not investing but pure speculating and there's no such kind of investment that can give your returns without being scammed.

[maulana rifai]

You have to be very careful and recheck everything. There are a lot of scams and they are becoming more sophisticated, be vigilant

vigilance must be really applied in everyday life. the most effective way is to buy cheaply when the market price is red. Bitcoin is the safest place in my opinion. because bitcoin has proven able to compete in the market. Don't invest in coins that have just appeared or don't have experience in the market because it's very risky if the coin can't compete it will die.

[Plecet Bank]

There is some highly secure Exchange place. And they can Transact safely. And as long as we can be careful and don't be too quick to make decisions. I think what we will do is definitely safe. And we also checked reset in order to avoid fraud.

[raking]

To avoid phishing scams and you have better knowledge of encryption before you invest here are some requirements to protect and secure your investment. You can use localbitcoins, which is also a good platform.

[dmcx]

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 ?

Be careful and investigate carefully about the source you are about to exchange or buy bitcoin here. But it is better to do it yourself and to experience it because you have no experience with anyone or anyone else who can cheat on you. My opinion may not be good but advise you to pay attention to the trick.

[DAVETUN]

To avoid being scam, ensure  you purchase BTC  from a right exchange platform, ensure you research well about the exchange  before sending your fiat to purschase, also checkout investors review about the exchange and how what  they charge as transaction fee.

[BESAFEENGINEERING]

Its easy, you only need to boy some btcs in a legit platform, like localbitcoin...

[smile1218]

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 need to be smart with our investments study and understand really well the flow of the market and also the stability of the coin the we are eyeing to invest to avoid being scammed.