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zulfi125
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January 13, 2020, 11:08:14 AM |
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I also suggest that we should teach as we can our friend about growing blockchain technology and also inform about incredible growth in altcoins trading and also holding of altcoins can be big profitable, and I never force to friends for investing in altcoins until they don't know about altcoins.
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Bezobraznike
Sr. Member
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Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
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January 13, 2020, 11:15:03 AM |
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Probably people will not invest into something they don't really know because it is the first step to getting scammed in the first place. Investing into a project we don't know is like diving too hard into a dirty swimming pool where, we really don't know how deep it is. We might get hit directly to the tiles, or to successfully dive to a deep water but the water being dirty might just lead us to have bacteria related diseases. I think of this analogy to imply that we shouldn't invest in any projects we didn't know, because any way for use, it might lead our funds to a wrong hands.
I really don't know where the idea for this topic came from? Why would anyone invest in something unknown? What is a point in that? I would never think about investing without some kind of research! Polarr91 I like your analogy, why would someone jump into something, why would anyone risk so much, and conclusions is for what you are risking? Big profit, passive income, scam, if you don't know in what you invest you can't know what you expect from that. |
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mobilestrike
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January 13, 2020, 11:25:51 AM |
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I also suggest that we should teach as we can our friend about growing blockchain technology and also inform about incredible growth in altcoins trading and also holding of altcoins can be big profitable, and I never force to friends for investing in altcoins until they don't know about altcoins.
At the time when I was introducing bitcoin to my friend for investing in it I explained everything to her and gave a number of articles to her which explained the past and the coming future of bitcoin and blockchain. After all about bitcoin she started to invest in bitcoin and started some online jobs to earn bitcoin online that was a good method which OP suggest to us but after that all my friend knew about altcoin trading and for increasing her bitcoins she started to invest in altcoin and the biggest mistake of her at that place was that she started to invest without searching and reading about the project in the coin of which she invested her money and with that she lost some amount of her money. That is also a mistake which majority of people are doing when someone want to enter in cryptocurrencies they only study and learn about bitcoin and start to invest even in other coins about which they do not know which give a high lose to the investor. |
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kaneki007
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January 13, 2020, 12:27:33 PM |
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I also suggest that we should teach as we can our friend about growing blockchain technology and also inform about incredible growth in altcoins trading and also holding of altcoins can be big profitable, and I never force to friends for investing in altcoins until they don't know about altcoins.
My friend once forced me to immediately teach him about crypto and he immediately invested it without thinking about the biggest risk in crypto, until now I don't see him reinvesting maybe for fear of a long bear market such as in 2018. |
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lienfaye
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January 13, 2020, 01:31:07 PM |
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I also suggest that we should teach as we can our friend about growing blockchain technology and also inform about incredible growth in altcoins trading and also holding of altcoins can be big profitable, and I never force to friends for investing in altcoins until they don't know about altcoins.
My friend once forced me to immediately teach him about crypto and he immediately invested it without thinking about the biggest risk in crypto, until now I don't see him reinvesting maybe for fear of a long bear market such as in 2018. Did he blame you? I encountered the same scenario with my friend who is eager to earn but unfortunately later on he blame me for what happened to his investment. Maybe now he realized his mistakes of entering in crypto without proper knowledge because he think its easy to earn here and you just need to wait but sadly thats not the case. |
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isaac_clarke22
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January 13, 2020, 01:48:46 PM |
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I also suggest that we should teach as we can our friend about growing blockchain technology and also inform about incredible growth in altcoins trading and also holding of altcoins can be big profitable, and I never force to friends for investing in altcoins until they don't know about altcoins.
My friend once forced me to immediately teach him about crypto and he immediately invested it without thinking about the biggest risk in crypto, until now I don't see him reinvesting maybe for fear of a long bear market such as in 2018. It was like a different story for me though. I was taught to invest in BTC before by my friend back in 2017 but then turns out and up til this day he hasn't invested a single quarter to it. It was like an overreaction for me, because his fear is too much just like how unstable the price of BTC is. I guess he will regret his decision in 2050  |
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Outlander
Legendary
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Activity: 1218
Merit: 1000
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January 13, 2020, 03:26:40 PM |
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Last year, I experienced the investment of cryptocurrencies, which made me deeply realize that blind investment cannot be made, otherwise it will cause a very serious loss.
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makolz26
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January 13, 2020, 03:38:19 PM |
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Last year, I experienced the investment of cryptocurrencies, which made me deeply realize that blind investment cannot be made, otherwise it will cause a very serious loss.
We've been too hype, manipulated and brainwashed too that we don't want to end the year without any investment in crypto, that's why for sure you also ask some of your friends, or did a not so extensive research, it is fine, I did it too, I am guilty of it, I didn't get into more deep details, only the basic that I need to know and that was my biggest mistake too. |
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Cacingkemi
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January 13, 2020, 04:14:43 PM |
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Most people will invest in anything when they hear something that can make money, they wouldnt bother how the system works. Greediness is the reason why people invest even if they don't know what is it about.
Certainly, a lot of us here did that as newcomers in this industry, buying into coins and tokens we didn't even know what they were all about. However, the truth remains that even knowing what one is investing on doesn't also guarantee success of profitability. Business generally is a risk, a huge risk if I must be blunt. most people will be careful before they put the money that will be invested in cryptocurrency, they will not make an investment without knowing in advance whether the decision he made will be profitable or even vice versa. a smart investor will certainly learn all the risks that will be faced before plunging in and making decisions |
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Vishnu.Reang
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January 13, 2020, 04:28:04 PM |
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Now this is something that a lot of people did in 2017. There was a lot of hype surrounding altcoins and even the shittiest of the altcoins saw millions of USD worth of investment. It was clear that the hype was not going to be sustained, and in a matter of a few months the bubble burst. Now we have tried investing in unknown coins, the best way to go forward may be to go back to Bitcoin?
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Blackdeath
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Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
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January 13, 2020, 04:53:07 PM |
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Sometimes in your life, it is okay to try things that you know nothing about because sooner or later that something you know nothing about could make your life better. So it is fine if you are pushing your friend to invest in cryptocurrency and learn about blockchain technology because it could actually help them in the future, if they just take the risk.
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Mealea
Member
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Activity: 300
Merit: 11
FRX: Ferocious Alpha
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January 13, 2020, 04:57:39 PM |
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It is not advisable to invest on something you know nothing about. Like thaey will say, put your money where your mouth is. When you invest in what you know enough about then you will be able to stop your loss or take your profit when it matters.
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Baby Dragon
Sr. Member
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Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
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January 13, 2020, 05:10:47 PM |
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It actually depends on the level of their perception, people these days will surely grab an opportunity that can be beneficial to them without even analyzing the possible outcomes of their decision. Besides, it's their choice in the first place so if it doesn't turn out as they expected then they should suffer the consequences of their actions because they are being careless. I'll not encourage my friend to invest, if he's interested then he should learn in his own ways. If they are determined to be a successful investor then they should do their own research, in that way they can easily understand things because they can't always expect people to help them. It's better to let them do their own exploration so they will not end up feeling remorse and blaming anyone, maybe investing is worth the risk because of it's advantage and capabilities but it will be too difficult for them to handle different situations. You don't know how it will affect their lives because you can't say people's perspective when it comes to money.
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imutlinda
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January 13, 2020, 05:21:17 PM |
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It is not advisable to invest on something you know nothing about. Like thaey will say, put your money where your mouth is. When you invest in what you know enough about then you will be able to stop your loss or take your profit when it matters.
it is a must if when investing we must know the prospects of investments made, if we do not know it will be good not to invest in it because we only bet on luck. and it really can be detrimental to our funds because luck does not always favor both ourselves and the investments carried out. |
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dvmmayowa
Jr. Member
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Activity: 122
Merit: 1
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January 13, 2020, 09:52:39 PM |
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Please stop your whining here if your friend dont know nothing about blockchain and crypto then teach him so he can be independent
Don't let them invest in what they don't know about
how can you invest into something if you have no clue about what are you investing in at first place or is just about 21st century beg??
Well, it has worked for some people in the time past, besides even majority of those that bought bitcoin before the 2017 bull market have no in depth knowledge about blockchain, all they wanted is a good ROI. In this space, even the experts loose money at times, so to some extent, i cant blame them, everyone wants to get rich and besides, without people like that, how do we FOMO |
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superving
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January 13, 2020, 11:43:29 PM |
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If i invest in a project that i dont have any information about that project its like giving away my money for free. If you invest the first thing you will have to do is to have a little knowledge about that project cause today there are so many scam projects and everyone should be aware of them
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tracyhayley
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January 13, 2020, 11:48:23 PM |
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true. if you invest in something you didn't know, you will completely lost your money. maybe you will jump into a scam projects, scam coins or some dead coins and shitcoins. try to get some information about what are you investing. don't invest your money carelessly because once your money is gone, they won't come back to you anymore. be smart before investing your money into something.
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inanilujimi
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January 14, 2020, 12:39:20 AM |
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This is why I always say to friends around before investing must be prepared to accept the risk so that in the future if he loses do not nag me. Because from the beginning the advantages and disadvantages he himself will feel.
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Coroline
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January 14, 2020, 04:53:22 AM |
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Please stop your whining here if your friend dont know nothing about blockchain and crypto then teach him so he can be independent
Don't let them invest in what they don't know about
how can you invest into somthing if you have no clue about what are you investing in at first place or is just about 21st century beg??
well most people don't know what they are investing the most important thing is to get profit no matter if it's fraud or whatever it is they think is just profit |
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aioc
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January 14, 2020, 05:39:18 AM |
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Please stop your whining here if your friend dont know nothing about blockchain and crypto then teach him so he can be independent
Don't let them invest in what they don't know about
how can you invest into somthing if you have no clue about what are you investing in at first place or is just about 21st century beg??
There are so many of us like this here in this forum, I used to be one of them, just buying coins because these so-called experts told me that it's safe and profitable to do so, you will end up with nothing if you keep listening to these so-called experts, some experts are paid to shill coins, there are even bumping service here. |
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