Why will you invest in something you know nothing about?

[gensol]

Research solves this problem. When investors make enquiries about their investment plans, its a lot easier to have a clue by so doing than when there's no research or enquiries made.

[anjiitem]

Investing in something that we don't know about at all is a mistake. Indeed, sometimes we have to do things our own way, but if we don't know how to do to be able to at least survive and possibly be able to make a profit in cryptocurrency we need to know and understand how to do it by asking our friends to teach us how to or perhaps by asking for advice from others.

[lienfaye]

Investing in something that we don't know about at all is a mistake. Indeed, sometimes we have to do things our own way, but if we don't know how to do to be able to at least survive and possibly be able to make a profit in cryptocurrency we need to know and understand how to do it by asking our friends to teach us how to or perhaps by asking for advice from others.

Those who enter in any investment opportunity without proper knowledge are often lose their money because they don't have idea how it works. Some people are just going with the flow and hype of the investment and careless putting their money without even thinking.

We don't want our money be wasted right? So educate ourselves first and don't rush things because no one is to blame if something went wrong because of our negligence.

[andriarto]

Investing in something that we don't know about at all is a mistake. Indeed, sometimes we have to do things our own way, but if we don't know how to do to be able to at least survive and possibly be able to make a profit in cryptocurrency we need to know and understand how to do it by asking our friends to teach us how to or perhaps by asking for advice from others.

without knowing the potential of a project and we invest, I think this is a gamble, where there are only 2 choices, namely winning or losing. I think this is very unfortunate for investors, because it is not wise to invest, we should gather as much information as possible before investing on a project

[o.ogurlu]

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??

When any of my friends ask me questions like this, i am give them the resources which he/she can find informations about crypto. And then i am saying that, do your own research and decide for yourself the coin to invest. I'm not recommending any coin. In this way, i allow them to know about the market before investing.

[aemma]

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 truth is, this is what have killed or made many people be at lose. The follow what they heard or what they want to hear or what they see someone doing and they feel like it's worth trying. They failed to make the neccessary research to know all that is involved thus when they hit rock bottom they start lamenting.
Also, from another angle most people only share the good news with their friends and families while skipping the risks involved. It's always wise to tell people or make them understand what they are getting involved with so one will blame you afterwards.

[conex]

No go! Always investigate every altcoin you're investing in. Read the whitepaper and check their product thoroughly, check thier social media if they are active and constantly reporting their progress.

[JCviggen]

Investing in something that we don't know about at all is a mistake. Indeed, sometimes we have to do things our own way, but if we don't know how to do to be able to at least survive and possibly be able to make a profit in cryptocurrency we need to know and understand how to do it by asking our friends to teach us how to or perhaps by asking for advice from others.

without knowing the potential of a project and we invest, I think this is a gamble, where there are only 2 choices, namely winning or losing. I think this is very unfortunate for investors, because it is not wise to invest, we should gather as much information as possible before investing on a project

Now almost every project in which people invest is such as this. you will either get a good project or stay with shitcoins. Example: MZG - everyone said that this is a very cool project - but in the end, its price has fallen so low that now no one will need it

[JC btc]

Investing in something that we don't know about at all is a mistake. Indeed, sometimes we have to do things our own way, but if we don't know how to do to be able to at least survive and possibly be able to make a profit in cryptocurrency we need to know and understand how to do it by asking our friends to teach us how to or perhaps by asking for advice from others.

without knowing the potential of a project and we invest, I think this is a gamble, where there are only 2 choices, namely winning or losing. I think this is very unfortunate for investors, because it is not wise to invest, we should gather as much information as possible before investing on a project

Now almost every project in which people invest is such as this. you will either get a good project or stay with shitcoins. Example: MZG - everyone said that this is a very cool project - but in the end, its price has fallen so low that now no one will need it

During the 'hype' or bull market there are lots of persons who were wishing they can also earn like those who earned a lot, because they wanted to take risk too, so they took the risk of their money without really knowledge at all, especially if there is a new project and the CEO/dev would tell them that they are the next Bitcoin, then they will grab this opportunity thinking their life will change too.

[tranduong123]

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??

Not only in this field, I have witnessed many people without the knowledge to invest in other areas such as securities, real estate. Perhaps the reason lies in the desire to make money quickly despite the high risks.

[MyIdeas]

Investing in something that we don't know about at all is a mistake. Indeed, sometimes we have to do things our own way, but if we don't know how to do to be able to at least survive and possibly be able to make a profit in cryptocurrency we need to know and understand how to do it by asking our friends to teach us how to or perhaps by asking for advice from others.

without knowing the potential of a project and we invest, I think this is a gamble, where there are only 2 choices, namely winning or losing. I think this is very unfortunate for investors, because it is not wise to invest, we should gather as much information as possible before investing on a project

Now almost every project in which people invest is such as this. you will either get a good project or stay with shitcoins. Example: MZG - everyone said that this is a very cool project - but in the end, its price has fallen so low that now no one will need it

It happens nowadays to a lot of projects. Many developers often leave to support their projects after collecting money from people and many do not like to spend some money to list their projects on high volume exchanges. These both conditions destroy the value of the coin and then no one like to take interest in that project. If the developers take care and do not adopt that two conditions then their project will not fail and will make them the best developers.

[spadormie]

Definitely, I will not invest on something like that. I don't get the idea why people do that. They are not investing with the extent of their own knowledge. I mean, they should have been investing using their own not asking from anybody or just pinpointing where to invest. That's what beginners in cryptocurrency follows but that's wrong.

[volporg]

It is very important to do own research before investing, this is the only strategy that works. And from my point of view, it is also a must to follow the industries you are experienced in. What markets are you now following from the growing ones? Probably even any solutions you can recommend?

[Govorrrue]

It is very important to do own research before investing, this is the only strategy that works. And from my point of view, it is also a must to follow the industries you are experienced in. What markets are you now following from the growing ones? Probably even any solutions you can recommend?

Evening there mate. As for today, I would say that I am pretty impressed with following events&shows&theatres&concerts etc tickets adoption growth. I am following solutions for several months already, as for the most interesting ones, I would probably mention GUTS.tickets . Have you guys already heard of what the team is offering here? Cause solution is very innovative, to be honest

[volporg]

Evening there mate. As for today, I would say that I am pretty impressed with following events&shows&theatres&concerts etc tickets adoption growth. I am following solutions for several months already, as for the most interesting ones, I would probably mention GUTS.tickets . Have you guys already heard of what the team is offering here? Cause solution is very innovative, to be honest

GUTS tickets? To be honest, I haven't heard of the guys so far. What exactly is the team coming with in here? Or well, probably I need to check out more on the website you've shared. Cause pretty strange, but was never interested in innovations on this particular market

[Govorrrue]

GUTS tickets? To be honest, I haven't heard of the guys so far. What exactly is the team coming with in here? Or well, probably I need to check out more on the website you've shared. Cause pretty strange, but was never interested in innovations on this particular market

You definitely have to check their website, but I can shortly explain their idea here as well. In few words, GUTS uses blockchain technology to create a transparent ticketing ecosystem, where disgraceful secondary market prices and ticket fraud are non-existent. As you know, popular events sell out fast. This is often unnecessary, since ticket touts make fast money by reselling secondary tickets. That's bad for venues, theatres, artists and of course for your fans. And here GUTS sharply helps with offering win-win solution

[Morrin]

Gone are the days when people stupidly invest in cryptocurrency project without knowing details about it just because they don't want to miss out. I don't think anyone will act stupidly like this again with all the losses many of us incurred in scam projects

[dataispower]

Gone are the days when people stupidly invest in cryptocurrency project without knowing details about it just because they don't want to miss out. I don't think anyone will act stupidly like this again with all the losses many of us incurred in scam projects

This is so true, crypto enthusiasts are wiser now. In the past some so-called influencers will chill ICOs or shill their crypto bags and many people will FOMO to buy into the coins. This is not the case presently, I remember when MCAFEE use to make buy calls and people will rush to buy, after the pump there will be a massive dump yet people still fall prey. Nowadays people believe in projects with good development progress and not hype.

[sapnu]

Gone are the days when people stupidly invest in cryptocurrency project without knowing details about it just because they don't want to miss out. I don't think anyone will act stupidly like this again with all the losses many of us incurred in scam projects

This is so true, crypto enthusiasts are wiser now. In the past some so-called influencers will chill ICOs or shill their crypto bags and many people will FOMO to buy into the coins. This is not the case presently, I remember when MCAFEE use to make buy calls and people will rush to buy, after the pump there will be a massive dump yet people still fall prey. Nowadays people believe in projects with good development progress and not hype.

I dont actually do that. I am wasting my money if that particular project is a scam and it is my fault not knowing that. It is my responsibility to study every project I want to invest my money in. I personally recommend that you should do the same thing as I do because you are the one losing money if you dont study that particular project very well. There are things you should consider before investing in a particular project and you can see that by reading their whitepaper wherein all of their plans and targets are all stated there.

[Golftech]

Gone are the days when people stupidly invest in cryptocurrency project without knowing details about it just because they don't want to miss out. I don't think anyone will act stupidly like this again with all the losses many of us incurred in scam projects

This is so true, crypto enthusiasts are wiser now. In the past some so-called influencers will chill ICOs or shill their crypto bags and many people will FOMO to buy into the coins. This is not the case presently, I remember when MCAFEE use to make buy calls and people will rush to buy, after the pump there will be a massive dump yet people still fall prey. Nowadays people believe in projects with good development progress and not hype.

Experienced allow investors and traders learned how things around this market should be treated correctly, there's only few who are still following signals without researching and studying the projects. Those people who are lazy not to do their homework analyzing the team and only follow signals blindly. Although most of investors do learn from those mistakes and now are careful with their money. They are not easy to be move as they are working with potentials and possibilities.