If Newbie Offers Investment

[Dolphin9838]

what would you do if a newbie said he could develop your money and he asked you to invest money in him ?

[1715247575]

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[TrumpD]

In my opinion a lot of Newbie users are more trustworthy than older accounts. If the newbie can convince me, in a transparent manner that his or her project is worth investing in, I will. I wouldn't blindly invest into any project because of the accounts involved. The project has to be interesting, viable, profitable and above all, whomever is behind it must not be anonymous.

[mirawantirinjana]

what would you do if a newbie said he could develop your money and he asked you to invest money in him ?

investing is not easy, to get a profit from an investment is very difficult. so if a beginner convinced me to invest and give him money I would ignore it

[Tonnakyray_21]

I would analyze his idea and, if I like it, I would invest smaller amount of money. If he develops, I would invest more. I would ask him some questions and his biography to see his motivation to work for that idea.

[blockman]

Trusting your money not only to newbies and even to veterans need some requirements. Just because they said that they can develop your money, you'll give your money right away? no. That's very wrong type of decision making, you are prone to scammers if you are deciding that way. 

I'll study first if its legit and legal before fully entrusting any amount of pennies on my pocket to their ideas. Many people are being scammed when someone guarantees them and offers a type of investment this way.

[mocacinno]

I might sound like an ass for saying this, but in reality i'd never invest my money into somebody who hasn't been active in the community (unless we're talking about very reputable people that have earned their reputation somewhere else). I had to work for every satoshi i own, so i'm rather carefull with how i spend my coin... I realise a lot of longtime members might also scam you, but at least they've invested a lot of time into their online reputation. If the sum of the invested funds is smaller than the amount of money an individual would have made with an IRL job during the time they were active on the forum, i think it *should* make them more trustworthy than the opposite scenario.

What i did in the past was analyse projects developed by new member and give feedback on what they're doing, but i would never go as far as endorsing a project by somebody i've never heared off.

[miltonpogi]

There's no chance that I would invest. First, let's define Newbie - an inexperienced newcomer to a particular activity. an "inexperienced" newcomer", why would you put your money in there? That will not make any sense at all. I'll just ignore them.

[CodyAlfaridzi]

what would you do if a newbie said he could develop your money and he asked you to invest money in him ?

LOL definitely no. Even if he's a Legendary member instead I would not give my money to some strangers in internet over a promise to "develop" my money.

There are so many things that could go wrong with that scenario. He could be a scammer who'll run away with your money. Or he's actually honest but incompetent and won't make you profit. Either way you're very likely to lose your money in the end.

[xIIImaL]

what would you do if a newbie said he could develop your money and he asked you to invest money in him ?

In crypto investment you don't believe any person because you must analyse the project then ask for some suggestion is good move. But Some newbie approach the crypto investment you must check he having copper membership because some trust worthies are having everything and they clearly explain the complete process in crypto projects. Finally I am not recommend these kind of offers in crypto.

[Rambotnic]

Since when the rank of the members have anything to do with people's good ideas ?
It doesn't matter legendary, hero or newbie !
It matter the idea and the transparency.
Sadly for most of you, your rank means nothing
It means only for the people who are here for ranks.

[The Sceptical Chymist]

I might sound like an ass for saying this

Nope, you don't sound like an ass at all--what you wrote was solid advice for anyone to follow.  One thing I'd have to add is that even with long-time bitcointalk members, you have to watch out for sold or hacked accounts.  You might think you're dealing with a green-trusted Legendary member who presents a solid investment opportunity when in reality it's a scammer who's not the person with the reputation and experience you think you're dealing with.

I'd be very careful about doing any sort of business with new accounts on bitcointalk.  I wouldn't trust them with PayPal, loans without collateral, or pretty much anything else.  And remember that a good con man will be very convincing when proposing something he wants you to invest in.  Always do the due diligence before handing over your bitcoin to anyone, but be doubly cautious when dealing with a newbie.

[dothebeats]

I most probably would ignore it. I've been receiving a lot of emails and messages here in the forum regarding those kind of investment. Most of them go unnoticed and unread, since I don't really have time for them. Why would someone unproven ask around for investment if he/she can make money alone? Heck, even trusted and reputable members here in the forum have been eaten by greed and turned out as scammers in the end, so how would a newbie be any different? It's a no-brainer, if someone's unproven, they can easily go out of notice if they defaulted on the funds, so no, I won't.

[Mahanton]

In my opinion a lot of Newbie users are more trustworthy than older accounts. If the newbie can convince me, in a transparent manner that his or her project is worth investing in, I will. I wouldn't blindly invest into any project because of the accounts involved. The project has to be interesting, viable, profitable and above all, whomever is behind it must not be anonymous.

Same goes for me which account ranking doesn't really matter at all as long the proposal would really be completely transparent and it do convinces me.
Most people do really see most of the time that newbie ranking isn't trustable or less experienced but we wont know that those are just being created for the sole purpose.
Ranking on this forum doesn't mean completely newbie on outside world.

[waqasniaz007]

I will give him chance and invest small amount of money because without trust no one can be successful. Every legend was once newbie. But i will check his identity before making descion.

[proTECH77]

Personally, i will not allow a Newbie to discuss business with me nor investment issues to talk of investing with a Newbie. They are not trust worthy as they are new to the tech and it concept rather will do more research to an experience trader to help with trade.

[tenakha]

what would you do if a newbie said he could develop your money and he asked you to invest money in him ?

If creating a newbie account is not as easy as today maybe I can try. In fact it is not possible to trust anyone in the online world and in any case you need pledge on whatever rank is. If you have valid pledge you can prove yourself. Otherwise no one doesn't believe you and you can even be blamed.

[yusupjatigumilar]

one of the ways that I do to choose where I will invest is to look at the experience of the developer, if it is still new, I don't think that is enough to build trust from investors. wasted in vain, because for what we invest if in the end it will only make us lose money

[t3ChNo]

I would rather read the fineprint on what they're offering. Even old accounts are farmed & bought just to scam other folks.

[CristianOff]

I am on the side where if you don't take enough risks you don't win a lot.
Remember bitcoin? Imagine you're offering "deep web" services in 2010 and there is this guy who tells you to give him 10kg weed but in exchange he will pay you bitcoins instead of FIAT. You would be crazy to accept it isn't it?
Same thinking to your 'newbie' so that's why I would invest with someone. It's basically what VCs do most of the times. As long as the newbie knows what he's doing, everything will be alright!

[wahyu wida]

I would rather read the fineprint on what they're offering. Even old accounts are farmed & bought just to scam other folks.

logically, many seniors have not perfectly understood the cryptocurrency, especially the newbie who offers, certainly a big question mark. therefore it is necessary to learn more in detail, so that we do not become victims