How can you invest in bitcoin without being scammed? - page 14.

mcabrito

newbie

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Quote from: Bestorm on October 05, 2018, 08:56:24 AM

I think the only way can help you stay away scam is prepare enough knowledge to protect yourself. Scam are always around you so you should be careful

I agree, as time passes by more and more projects are created that looks so legit and will only make an exit scam. So we really need to carefully review all our the needed things before making an investments

bigmaster23

full member

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WWW.BLOCKCHAIN021.COM

you don't have to put lot of effort and sweat just to invest in bitcoin just store your private key in a wallet like trezor, electrum, and Hodl. and wait for the actual moment your investment taking into action to secure the future of your life by time itself shall tell you how far it got and you will never know what good will come on that investment.

life is a mystery you never know what this investment could provide you with your life along the process.

qiwoman2

legendary

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Oikos.cash | Decentralized Finance on Tron

The best thing to do is do everything yourself. Just either trade in Bitcoin against other cryptocurrencies and FIAT, or buy into other crypto projects with your BTC alone and making sure you don't engage with people DMING you on telegram pretending to help you and then they send you an address for you to invest in and then you fall for a scam. Also, don't get phished. Always bookmark the legit sites you want to invest in and never just randomly follow people around without doing your research. So many peeps get scammed in this Industry to to sheer laziness.

Bestorm

newbie

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I think the only way can help you stay away scam is prepare enough knowledge to protect yourself. Scam are always around you so you should be careful

Tashi

full member

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Quote from: goodman4hire on July 28, 2018, 12:58:43 PM

You have to take responsibility for your own security and take special precautions to stay safe. For instance type in the url and triple check it. Then save it to your bookmarks so you never make that mistake. Have a separate computer to make your transactions and do not do any other web surfing from that computer. Mostly simple stuff that is just inconvenient (but necessary)

I agree. It’s about keeping your investments secured. Also, be knowledgable enough to determine if it’s a scam or not. Only visit legitimate and reliable websites.

jaydenbox

newbie

Activity: 78

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Using services such as coinbase is pretty good, but not only that most countries now have bitcoin ATM's, thats how I buy my bitcoin, I go to an ATM and buy it, very easy 5% tax, and thats it, you're prone from scammers Cheesy

hh4mmm

member

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Quote from: goodman4hire on July 28, 2018, 12:58:43 PM

You have to take responsibility for your own security and take special precautions to stay safe. For instance type in the url and triple check it. Then save it to your bookmarks so you never make that mistake. Have a separate computer to make your transactions and do not do any other web surfing from that computer. Mostly simple stuff that is just inconvenient (but necessary)

that is true.. you are actually right because sometimes in the midnight there are some fish site they do send at night one you mistakenly click on it, it will redirect you to the scam site. that was why you really need to bookmark the website so enable you have the right one wen login in next time.

moreover during investment you have to be very careful with the people you are working so to prevent from being scammed. be sure of the site you are going or login do more research on what you are about to invest on.

leavolnhals

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Quote from: krishnaverma on July 28, 2018, 12:56:43 PM

How can you invest in bitcoin without being scammed? There are people using very fine techniques like selling bitcoin cash in name of bitcoins using confusing websites name. How to be safe from such scams ?

We can not be fooled when we do the right thing. First we have to find a reputable home exchange of fiat money with Crypto. Then you can buy USDT to send them to the big trading floor and prestige. Simple and never cheated.

0t3p0t

sr. member

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Peace be with you!

Quote from: krishnaverma on July 28, 2018, 12:56:43 PM

How can you invest in bitcoin without being scammed? There are people using very fine techniques like selling bitcoin cash in name of bitcoins using confusing websites name. How to be safe from such scams ?

Well, I think the best thing to do in investing Bitcoin without even bothering of getting scammed is that buy Bitcoins in a trusted exchange. Here in my country, I can clearly say that we are safe enough to purchase Bitcoins in our local exchange as it was regulated by the central bank so that is why trading is quiet smooth and has nothing to worry about getting scammed.

Wittycoin

full member

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Quote from: krishnaverma on July 28, 2018, 12:56:43 PM

How can you invest in bitcoin without being scammed? There are people using very fine techniques like selling bitcoin cash in name of bitcoins using confusing websites name. How to be safe from such scams ?

Well you need to buy on a legit exchanges or a popular exchanges like binance, huobi, kucoin, okex and many other that most people here suggested on you where to buy.

MahalQu2612

member

Activity: 179

Merit: 10

Quote from: casternetwork on July 28, 2018, 01:52:21 PM

For your safety, I think that before you buy or sell Bitcoin with someone else, you should find a reputable person to mediate for this deal. Also, you can meet and deal directly with the seller or buyer

You mean just like an escrow, that's what your trying to emphasize right? In fact, there is some other methods for us to have bitcoin without getting any capital into our pocket actually, though it may take times before we achieve it. By simply joining in bounty campaign, this may take 2 to 3 months if you comply their task needed weekly for you to have stakes according to your rank of course. But for sure if the project become success you are entitle for the reward token which they can pay you out according to your work through the total stakes you gain.

Carrelmae10

member

Activity: 588

Merit: 10

..it is up to you if you allow anyone to be fooled in doing some investments..before you will going to buy bitcoins..make sure that it is really legit..how would you do it??..first..make some background investigations..then reasearch in your own effort to investigate weather that kind of investment is a scam or not..i am advising anyone of us here in this forum that we should take all the responsibility in losing or ganing of our money..we should not give our trust to someone that we just have newly met..make sure that the money you invest are those money that you are afford to lost so that you will not gain big regret in the future..

John5826

newbie

Activity: 40

Merit: 0

You cam invest in bitcoin without scammed.In this reasons you can apply some techniques such as:
1.Must have a personal computer.
2. You always being very careful .
3. You do not share any information about your bitcoin account to another person.
4. All time you clean computer bookmerks.
5. Password do not save in computer.

RickeyRush

newbie

Activity: 33

Merit: 0

i think it depends on you and on your country. you should be careful because scammers work pretty good on cheating people

muchachita14

jr. member

Activity: 79

Merit: 5

You should only purchase bitcoins or any other cryptocurrency in trusted sites such as Coinbase or even Robinhood. Same principle as anything else, you should buy only from verified sellers.

deppil

hero member

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Quote from: nydiacaskey01 on October 04, 2018, 06:34:34 PM

Before I buy any Coin not just Bitcoin I check the site and look for reviews and ask for recommendations from friends who already used the site to buy or sell. I don't like the idea of playing guinea pig where I will test if site is good or not. Don't play with your money on those doublers or get rich quick schemes. If its too good to be true, don't put your money there.

Agree. do not easily trust a third party especially that in the internet world of course everything is at risk. so Research is a mandatory thing that you must use before doing anything like investing or choosing an exchange site. research use your communication to ask your friend,look for info about sites that you will use, whether they are trusted, paying, and so forth.

zubrr51

member

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There are important rules to avoid scam against yourself. One of them is not to follow unfamiliar links.

xtrump101

member

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$onion

Quote from: krishnaverma on July 28, 2018, 12:56:43 PM

How can you invest in bitcoin without being scammed? There are people using very fine techniques like selling bitcoin cash in name of bitcoins using confusing websites name. How to be safe from such scams ?

you have to educate yourself about cyber security as most of the hack happened not because of bitcoin but because of the person holding it due to lack of knowledge, study how you can protect yourself, identify how thhey can penetrate you, what are thier point of entry etc. ie. phising emails, downloading crack apps, clicking suspicious links etc...

dongyi17

full member

Activity: 616

Merit: 100

FRX: Ferocious Alpha

I guess you can invest in bitcoin without being scammed if you check the legitimacy of bitcoin you are joining get the right information and check your security wallet so that you will not get scammed or hack, find ways to secure everything you have and don't go to some place unknown to you

dificanovi

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Quote from: krishnaverma on July 28, 2018, 12:56:43 PM

How can you invest in bitcoin without being scammed? There are people using very fine techniques like selling bitcoin cash in name of bitcoins using confusing websites name. How to be safe from such scams ?

if you want to avoid fraud it's better to buy bitcoin or altcoin on a market that is often used by people. at present there are many crypto currency markets that we can use as bitcoin buying and selling transactions. if there are people who offer cheaper bitcoin prices and they have their own site and are rarely used by people then we don't need to buy anything with them because they are fraudsters.

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