ZERO profit is better than lose !

[The Cryptovator]

This is a short post and reminder for newbies,

Around the forum you will find so many greedy offer by many users. So many Ponzi Scheme and gambling website's are offering many kind of bonus. It's really greedy offer and lot of greedy members fall on it and got scam eventually.

At first scammers will offer you bonus then they will force you to make deposit in order to withdraw bonus. But they will never approved your withdrawal. That means you losed your fund for forever.

That's why learn to apply your brain and make judgment by yourself before invest anywhere. Wherever you think high risk then better to avoid it. Because,
"ZERO profit is better than lose"

[Awesomus Maximus]

I agree with you 100 percent. In other words, always remember that not losing is winning. If the offer or bonus looks too good to be true, it is probably a scam. Being a member of this forum for quite some time now, I have seen all sorts of complaints from people who have lost substantial amounts of money. Therefore I can reiterate: Stay safe and don't be greedy.

[JeromeTash]

Normally when I see those enormous bonuses... Its usually a red flag for me. It means there is a string attached to the bonus to ensure that you won't be able to withdraw it or chances of you winning and withdrawing your winning could be way so minimal.
I have also seen certain users win lots of money and they get denied from withdrawing their winnings or accounts just get suspended for no reason.

[jackg]

Normally when I see those enormous bonuses... Its usually a red flag for me. It means there is a string attached to the bonus to ensure that you won't be able to withdraw it or chances of you winning and withdrawing your winning could be way so minimal.
I have also seen certain users win lots of money and they get denied from withdrawing their winnings or accounts just get suspended for no reason.

It's often funny to see gambling sites that are unlicensed inheriting some laws just to stop users from doing this if its true.

I know matched betting is legal in the UK but I assume these sites like to block people from doing that. There aren't many good casinos out there in crypto, 777coin, bitvest and yolodice don't seem to have many problems though (although they're without free promotions for the most part afaik).

Unless you allow for the risks no profit is certainly better than a loss in a lot of cases. Unless its worth the experiment with a small amount of money (although I'm quite risky with things I've done and I wouldn't recommend it). It's the issue of having an irriversiblenpayment processor.

I remember when someone put 70btc into emicoin and made a thread on it here (it was a ponzi they definitely made a loss).

[CryptopreneurBrainboss]

Wherever you think high risk then better to avoid it. Because,
"ZERO profit is better than lose"

My Guide: If the offer is too good to be true then most time it is. As an investor that learnt most of his investment skills from Robert kiyosaki's guidelines I don't agree with the statement "zero profit is better than lose" this might mislead some newbie, as an investor you don't settle for zero profit {you gain nothing by so doing, neither profit nor lessons} but that doesn't mean you should invest stupidly although if you invest and lose, you gain experience which is kind of a good thing if you can utilize it and build on that lesson.

We learn by making mistakes, don't be afraid of making them you deprived yourself some lessons by so doing, don't settle for zero profit at the same time don't be greedy and stupid in your investment decisions.

[Tamilson]

Normally when I see those enormous bonuses... Its usually a red flag for me. It means there is a string attached to the bonus to ensure that you won't be able to withdraw it or chances of you winning and withdrawing your winning could be way so minimal.

While they're using bonus to bait people particularly those greedy that don't have time to use their brain, they just grab it impulsively.

"ZERO profit is better than lose"

Sure, some of us is risk taker hence they say there's no harm in trying, so instead of just hold their money they'll use it to those enticing investment without decent knowledge and end up broke.

And just learned their lesson in a hard way.

[mrdeposit]

"ZERO profit is better than lose"

Certainly, every newbie should think about not losing deposited money so, the earnings should be in second place. As time passes, when you learn more, your earnings will increase according to your knowledge.

[MakeMoneyBtc]

Unfortunately to many newbies fall into the trap or scammers and that's not only because they are greedy but it's because they are stupid. And I'm not trying to talk bad about anyone but I see so many people who jump directly at the first website they found and invest their money without considering the other options they have. They also don't make any research about the website thinking they are smart enough to figure it out if it's a scam or not. So, my recommendation is to invest only in something that seems very trustworthy. Even though you are not going to find an investment where you will get paid back 100%, you can minimize the chances of losing your money by doing some research before investing.

[Retina]

I agree with you.

"ZERO profit is better than lose"

By entering new online, they think that they will earn billions of money, Due to this thought, new rumors are often a victim of scams, The new one really likes temptation And scammers take this opportunity, The newcomers will fall into this trap You or I can not stay them Because they will not listen to us.

[Velkro]

Because,
"ZERO profit is better than lose"

Sure, safest is not investing at all but its too "obvious" advice.
I know a person that invested and waited years to get his money back (price drop) he would waited 3 months more, he would earn 5 times his money.

So whatever you do, try to get best of it.

[hta]

No free lunch, don't like betting sites. Investing in crytocurrency is already very risky. If you join betting sites, I'm sure 99.9% of you are forever poor.

[peonminer]

This is why it is useful to use a stop loss on your orders when you play the markets. Learning to cut and run away with 98% of what you had is much better than watching it go to 50% or 25% of what you originally had. You can always buy back lower.

[ballerin and giroud]

The gist is there no one especially in this forum who give you a lot of money/profit sans you did elbow grease before. To hunt out illegitimate money (through scam, rob and another way) already been straitened at this time, moreover to hunt out legitimate money which must be done by having a healthy mind, good knowledge and deep insight into the subject being worked on.

[manishanand]

diposite

spelling wrong bro it is really confusing please correct it. Also nowadays, scams are spreading like fire even SSL certificate sites are also fake but I think the people who are scammers are earning a lot from us (a good profession

[crwth]

I think no matter the consequences, some people would choose the easy money. You are participating in Ponzi Schemes, HYIP, etc. Doing that kind of investment is wrong. You might lose everything in an instant, or you know you are in profit but still choose to be greedy and then lose the money. That's the typical thing that happens towards every time the bubble burst in a Ponzi. That's not all to be worried about, and it's better to have your knowledge in a certain thing to be sure.

As the OP said, it's better to have 0 profit than to lose everything. No negativity, please.

[kakonhat]

Absolutely right, the greedy offer couldn't be a legit offer at all. Scammer presents their offer very interesting way that's why we think they are legit and we fall in their trap. But we should remember that there is no easy way to make a profit which offers scammers.

[r1s2g3]

This is not about gambling site or ponzi websites only. It is happening in twitter and facebook too. Send X amount in this address and get "2X" in return.  That's why Vitalik put out his twitter name as Vitalik Non-giver of Ether

[jossiel]

At first scammers will offer you bonus then they will force you to make deposit in order to withdraw bonus. But they will never approved your withdrawal. That means you losed your fund for forever.

This is the typical style of those scammers, they will make their users earn that much and will give that credit for their accounts but on the latter part when you are about to withdraw and cash out. They will reason out that you need to pass on something such as KYC or deposit before proceeding to the withdrawal.

If they asks for money, be alerted and don't proceed anymore with those kind of websites.

[leowonderful]

The bonuses on most gambling sites often have extremely high minimum qager requirements for withdrawal (I've seen 40X on several occasions), and I typically don't take bonuses when I start out gambling on any crypto casino. There's certainly people out there that win enough to be able to cash out that much BTC over time, but those people are few and far between and some sites start asking for verification to prevent withdrawals in such cases.

This isn't primarily a trading section, but being greedy hurts you in trading too. Sometimes closing a trade early is better than holding it for an extended period of time in leveraged trading, but this applies even to non leveraged trades- plenty of people bought BTC below $20K and didn't sell at the ATH and are in the red right now; sure, BTC will likely hit those levels again in the future, but even a small profit's much better than being in the red.

[bernardos]

We learn by making mistakes, don't be afraid of making them you deprived yourself some lessons by so doing, don't settle for zero profit at the same time don't be greedy and stupid in your investment decisions.

I am not sure I could agree with you here. It is not really a good feeling learning a lesson the hard way. In case you are holding bags of a coin and there is terrible news from their side that leads to a huge drop and maybe bankruptcy is imminent, it is much better to sell and make no profit than watch as your coin drops 30,50...80%