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Youghoor
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October 28, 2019, 07:04:31 PM |
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Why will you invest in something you know nothing about?
why will you even think of investing in something you have no knowledge about in the first place? Well, greed can only be the reason that will make someone invest in something without researching or reading anything about it. If you are an investor and you invest in anything without gaining some level of knowledge and understanding regarding the way the thing is, you just make yourself vulnerable to losing huge amount of investment capital. It is a bad practice to invest in something without knowing anything about it. |
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prehisto
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Your Data Belongs To You
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October 28, 2019, 07:39:08 PM |
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Most of the people who are investing are investing in things they dont understand fully, that goes also for traditional stock investments where people give money to managers who then distribute it over many stocks. The only thing new people would nee to know is to be aware of huge risks with ICOs.
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yulchatar
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October 28, 2019, 07:56:40 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 somthing if you have no clue about what are you investing in at first place or is just about 21st century beg??
The big question should be; why will someone even invest in crypto without understanding the risk involved? It's funny how people only think about the positive aspects of investing in crypto, without putting into consideration the negative outcomes. No one should invest in something they don't have good knowledge about, it's that simple. Especially when the market begins to grow, everyone is immediately inspired and expect that now they will earn. But it doesn’t happen that everyone right away only EARNS money. In any case, someone will earn, and someone will lose. All risks must be considered. |
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aomakun
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JangaCams.com
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October 28, 2019, 08:41:19 PM |
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Most of the people who are investing are investing in things they dont understand fully, that goes also for traditional stock investments where people give money to managers who then distribute it over many stocks. The only thing new people would nee to know is to be aware of huge risks with ICOs.
every investment must have the ability to manage the funds owned as an analysis in every part of the project. so when unable to do the analysis you should not do it first but start to learn how to do research and conduct experiments with small funds |
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biddicoin
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CryptoTalk.Org - Get Paid for every Post!
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October 28, 2019, 09:00:26 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 somthing if you have no clue about what are you investing in at first place or is just about 21st century beg??
i dont believe if there are many people who are likes you said, many people would have the knowledge first before do any investing but we must understand that investing in crypto has very big chance to lose money because of its characteristic (volality, unregulated, high profit high return) so, it makes sense if many people still lose their money even if they already have knowledge about it |
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Perfect35
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October 28, 2019, 09:10:09 PM |
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Even if the information is almost everywhere, some people still find it hard to sip information and make good use of them. Reading seems to be difficult to some. Perhaps because it saps their energy, which is quite different from my notion and believe about it.
What you know, no one can take it from you. So study the project you see and make sure you ask questions on what you do not understand.
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odukoyaewatomi27
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October 28, 2019, 09:28:53 PM |
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There are additionally individuals that put resources into cryptocurrency since they need to pursue the pattern without disturbing how the framework and market functions. Traditional traders are investing in cryptocurrency as well but since they don't have the foggiest idea how the market functions, they wound up losing their capital and whimpering saying cryptocurrency is a get rich quick scheme.
I have seen such a large number of individuals whimpering in light of the fact that they are losing their cash
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bigcash2011
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October 28, 2019, 09:33:11 PM |
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Mostly people are misguided and enticed for quick gains and massive profits and the new investor accepts the offer out of greed without even knowing the technicals or basics even, such a friend who is suggesting to invest is more of after his own personal gains or profits that is the only reason he is luring his friend to invest, we know that many projects offer referral comissions, while many big exchanges also have such programs, so making money as comission from someone else's money is very easy task than putting your own money in that is why many people do this.
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Kiefner
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October 28, 2019, 09:35:26 PM |
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People have heard that investing in cryptocurrency is profitable, so they are in a hurry to invest their money in everything. However, it seems to me that there are not so many such people now, because ICO is no longer so popular. But the main reason is still that everyone wants to make a profit and at the same time do nothing.
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BlackFor3st
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October 28, 2019, 09:37:05 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 somthing if you have no clue about what are you investing in at first place or is just about 21st century beg??
I am not that sure whether someone will invest into something that they have no clue what is that project all about. If someone will do this, I guess they didn't have problem in money or they are doing it only as their past time. All my friends are not like this so I have no problem with it as I told them first to study the crypto market before they will start to invest. I always give them clue and they will be the one to continue the research so they will be independent in the future. |
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republicrypto
Sr. Member
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Keep it Simple guys :)
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October 28, 2019, 09:55:59 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 somthing if you have no clue about what are you investing in at first place or is just about 21st century beg??
i agree with you, people who told their friend about crypto must teach him, or give their friend a little educations about crypto,, then don't let their friend invest on any crypto before doing a deep research. regards |
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jossiel
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October 28, 2019, 09:58:55 PM |
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There are people that are like that. They dont care of what would be the result of it and just told them to invest because they think that they will ever had the same results.
Telling them to invest and if you promised them that they will be earning, the wrong part is with you telling them that they have an insured profit with cryptos in general.
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Signature for rent
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BitHodler
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Merit: 1179
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October 28, 2019, 10:10:11 PM |
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This is the major reason people fall for scam, because they don't have in depth knowledge of what they are getting into which makes it easy for scammers to play on their intelligence and exploit them.
That's true, but there are many projects just badly executed, which means that while the idea was decent, the intentions were too, but it just didn't end up getting anywhere because of incompetence. People are too quickly labelling everything as a scam, while there is way more going on within the crypto space than just scammers waiting for a victim.... losing money sucks, but is not a reason to call a project a scam. Outside the crypto space there are a lot of new found businesses failing too, either because of incompetence or there simply wasn't enough demand for what they were selling. |
BSV is not the real Bcash. Bcash is the real Bcash.
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chaoscoinz
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Activity: 1151
Merit: 260
☆Gaget-Pack☆
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October 28, 2019, 10:19:36 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 somthing if you have no clue about what are you investing in at first place or is just about 21st century beg??
I would never invest in something I have no clue about, It is an excellent way to lose the very shirt off of your back. I would have to thoroughly research the potential investment first and make sure to practice my due diligence, not let my emotions get in the way which leads to making unnecessary mistakes. The best way to take on a new venture is to educate yourself upon the matter first, then decide whether or not if it's worth undertaking! Just my two cents! |
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kodtycoon
Legendary
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Activity: 1568
Merit: 1002
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October 28, 2019, 10:41:50 PM |
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because of the popularity when the project gets a big promotion by those who actually don't know the actual project too, with so many promotions there are at least a lot of people who later become FOMO without doing in-depth research, cases like this have happened repeatedly and nothing can be prevent them before they have lose and at that moment they will realize if indeed they want to think
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bobelr
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October 28, 2019, 10:45:46 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 somthing if you have no clue about what are you investing in at first place or is just about 21st century beg??
Funny dude. Sarcasm. |
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Kersh768
Sr. Member
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Activity: 658
Merit: 256
Freshdice.com
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October 28, 2019, 10:48:52 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 somthing if you have no clue about what are you investing in at first place or is just about 21st century beg??
Actually, that's the reason why someone is investing into something despite of lack of knowledge into it. They tend to be influenced by other people by means of popularity, hype, and factors of the likes. Since they are aiming into profit, they will only look into single perspective which is profit. They would disregard the risk especially if other people are also doing the same thing. Their mindset would be the same with others'. Educating them would help but the influence of the majority would still be a bigger factor. |
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Eildosa
Member
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Activity: 572
Merit: 10
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October 28, 2019, 11:21:08 PM |
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I always do research before investing in any coin or project. I don't see how you can invest in something you don't know.
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5thFear
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October 28, 2019, 11:55:52 PM |
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There is no need to teach anything to anyone. The blockchain will attract more people if you let it grow by itself but if you try to teach something to someone then people think that you are trying to brain wash them and may indulge in something that can put them in trouble so i don't teach anything to anyone unless someone asks for it.
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maxreish
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October 29, 2019, 12:08:28 AM |
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This is funny. Who on earth wanna buy an unknown item? Just like in crypto, who wants to invest in an unknown coin? This is why self awareness, research and knowledge are the basic things that we should do in terms of investing. Also, if a particular investment works for you, doesn't necessarily mean that it will gonna work to your friend too. It's hard to force a friend to do the same if he/she lose an interest or had a lack of knowledge to a certain thing.
I only have one advice before investing.
DYOR. DYOR.
It helps a lot. I assure you.
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