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Topic: How can you invest in bitcoin without being scammed? - page 4. (Read 3033 times)

full member
Activity: 448
Merit: 100
There are a few trusted exchanges that you can search first before buying or investing your bitcoin. We have a local exchange here in our country that operate few a few years and it has never encountered any issue with their platform and highly recommended. So my advise is you need to ask people first who has experience on those sites.
member
Activity: 560
Merit: 10
Their no bitcoin scam if you bought bitcoins in legit crypto market for sure you will get bitcoin without being scammed. Don't make transactions in peoples will sell their bitcoin to avoid scam.
jr. member
Activity: 588
Merit: 2
You should know, Bitcoin self not scam. Before you start, you must read about cryptocurrency, and what your plan for your invest, short term or long term  Wink
sr. member
Activity: 1190
Merit: 250
Buzz App - Spin wheel, farm rewards
it can be done by buying bitcoin in an exchange, definitely avoiding a scam. bitcoin is still the safest coin for investment from any coin, so I think it will continue to be used as the best way to invest in bitcoin.
member
Activity: 251
Merit: 20
Honestly, all investments will always have some risk. There’s so many ways of being scammed it’s either phishing or your private keys got leaked. It’s all up to you to secure you account be careful on transactions and do research before doing something with your bitcoins or altcoins.
newbie
Activity: 6
Merit: 0
You will receive an offer to invest in the mining activity of someone, usually in some third or third world countries. They will show you the potential of peach mines and promise that you only need to buy their CPUs, every profit from digging will quickly be transferred to your wallet.
But then you will quickly realize that the less control you have over your e-wallet and your fund, the higher your chances of losing money and you will have no way to save.
member
Activity: 308
Merit: 10
In my opinion, when you’re trying to invest on something and you don’t want to lose your investments from being scammed, conduct research and be extra careful on handling your accounts info don’t ever let your account info getleaked on else say goodbye to your assets.
jr. member
Activity: 294
Merit: 1
Honestly this is one of the major issues bitcoin and its investors are facing this days there so many fake websites and fraudsters online who pretend to be buying and selling bitcoin with the motive to defraud innocent people of the money. Many has lost huge amount of money into the hands of this fake people.
full member
Activity: 510
Merit: 102
To me it is good to get into trading rather than making an investment. As each and every process happens through internet the trust is the one that let's you to invest. Right now we've got lot of trusted platform for trading compared to investing. Upon this I prefer holding and trading than investing.
Investment is always have some risk like any other type investment including fiat, but because bitcoin is very promising coin that its good to invest in, then the best way to avoid scam is to buy it at any crypto exchange and there we can manage it on when is the right time to sell to be earn more profit.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
To me it is good to get into trading rather than making an investment. As each and every process happens through internet the trust is the one that let's you to invest. Right now we've got lot of trusted platform for trading compared to investing. Upon this I prefer holding and trading than investing.
member
Activity: 311
Merit: 10
Its simple how to avoid being scammed but it takes a lot of effort to understand the market, investing in bitcoin is a very good thing just when you already knew and understood it,you will be able to avoid unnecessary risks. Just make an effort on reading in this forum and you will be educate rightly.
sr. member
Activity: 728
Merit: 250
Look ARROUND!
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 ?
Before investing in Bitcoin, or Altcoin, you need to study the cryptocurrency market, its advantages, disadvantages, risks you will face. This forum has all the information that will be useful to you, so do not be lazy.
newbie
Activity: 29
Merit: 0
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 ?
From my view, to avoid being scammed in bitcoin, you should not buy or sell bitcoin from person who you don't know. You should meet that person directly and take advantage of your knowledge about crypto to determine whether they are trustworthy or not.
member
Activity: 742
Merit: 21
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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 can start to buy Btc from localbitcoin and trade face to face. If you start with lower amounts, you can increase the transactions when you're confident that the seller is not a scammer.

Another alternative is to trade directly via well known exchanges: Binance, Bittrex etc.
jr. member
Activity: 80
Merit: 1
Yes, of course, why? I'd rather ask the samilar question with "invest in altcoin without being frauded"
sr. member
Activity: 602
Merit: 255
Don't invest in ponzi schemes or HYIP ,
If you really want to earn some profit with crypto you should start to study how to trade in crypto or alt-coin trading.
It is much more secure unlike investing in a HYIP that only have a small percent of paying you back.
member
Activity: 504
Merit: 10
As usual bitcoin is not a scam and thousands of people investing from it and lot's of them they wasting billion of dollars using for investing in bitcoin.
member
Activity: 262
Merit: 10
I always make investment with bitcoin and altcoin when price is really on lower, I will waiting when bitcoin and altcoin really drop price to buy and invest, when bitcoin raised up I will never buy it because I think too risk to buy at higher price.


  We can evade by scammers when we have enough knowledge on deliberations about how we deal the circumstances that happened along the crypto world. And we have to balance the situations in order to make mistake and evade on losing profits.
newbie
Activity: 8
Merit: 0
If you are a new join the crypto market, you should learn about the market, learn the experience from long-term investors. Fundamental knowledge and careful calculations help you avoid being tricked into investing in the crypto market.
full member
Activity: 504
Merit: 100
If you invest in bitcoin. You should not trust anybody even if you know them. Especially those people who you don't know. Because they can be one of the scammers in crypto world. And always takecare so you won't be a victim of scammers.
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