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Topic: How can you invest in bitcoin without being scammed? - page 6. (Read 3033 times)

jr. member
Activity: 412
Merit: 3
No. 1: I will save the link to secure sites I have exchanged.
Monday: Learn about a trading platform you want to work with
Third: Choose the floor that is trusted by the exchange community
member
Activity: 392
Merit: 10
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 ?

Your safety relies on your hand. If you want to buy bitcoins, then buy on the exchanges which is very well known. You can also visit   its social media sites to know the right and authentic url you're visiting. Bookmark it once so you don't need to browse again and again everytime you want to buy coins/altcoins.
full member
Activity: 317
Merit: 100
Me iam not that pro but try asking in this forum and see the project if have road map and if the telegram is so active its so hard to tell as of now if the project was scam or what
full member
Activity: 1484
Merit: 136
★Bitvest.io★ Play Plinko or Invest!
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 ?

It is not really a technique but it is a method. You must understand that using bitcoin is not really a simple thing but rather it is something that needs to have a critical analysis. You need to be wise enough to do research and understand everything in it. It is like dissecting and finding every small details.
full member
Activity: 602
Merit: 100
I do not understand enough about your intentions, invest only by buying bitcon and holding it or investing in sites (like cloud mining), for the first, I agree because in the future the price of bitcoin will rise and for the second I suggest, don't do it because will end with a scam.
full member
Activity: 406
Merit: 100
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 need to be smart with our investments study and understand really well the flow of the market and also the stability of the coin the we are eyeing to invest to avoid being scammed.
newbie
Activity: 5
Merit: 0
Its easy, you only need to boy some btcs in a legit platform, like localbitcoin... Wink
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
To avoid being scam, ensure  you purchase BTC  from a right exchange platform, ensure you research well about the exchange  before sending your fiat to purschase, also checkout investors review about the exchange and how what  they charge as transaction fee.
member
Activity: 348
Merit: 10
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 ?

Be careful and investigate carefully about the source you are about to exchange or buy bitcoin here. But it is better to do it yourself and to experience it because you have no experience with anyone or anyone else who can cheat on you. My opinion may not be good but advise you to pay attention to the trick.
member
Activity: 159
Merit: 10
To avoid phishing scams and you have better knowledge of encryption before you invest here are some requirements to protect and secure your investment. You can use localbitcoins, which is also a good platform.
member
Activity: 588
Merit: 10
There is some highly secure Exchange place. And they can Transact safely. And as long as we can be careful and don't be too quick to make decisions. I think what we will do is definitely safe. And we also checked reset in order to avoid fraud.
full member
Activity: 331
Merit: 100
You have to be very careful and recheck everything. There are a lot of scams and they are becoming more sophisticated, be vigilant
vigilance must be really applied in everyday life. the most effective way is to buy cheaply when the market price is red. Bitcoin is the safest place in my opinion. because bitcoin has proven able to compete in the market. Don't invest in coins that have just appeared or don't have experience in the market because it's very risky if the coin can't compete it will die.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
The best way is by holding and selling it on a reputable exchange when the price goes up. That way you are sure of what you are doing

Yep, this is one strategy that is 100% sure you won't be scammed. But for those noobs out there, just try to DYOR before investing your hard earn money. Don't just blindly trust anyone who claims that they can double your bitcoin in short amount of time because that's not investing but pure speculating and there's no such kind of investment that can give your returns without being scammed.
jr. member
Activity: 252
Merit: 1
The best way is by holding and selling it on a reputable exchange when the price goes up. That way you are sure of what you are doing
full member
Activity: 434
Merit: 100
For newbies it would be better to use a trusted easy to use exchange. Most people get into crypto by using coinbase, the fees are high but the simplicity and security makes it a worthwhile exchange, you can then diversify after that to altcoin exchanges for bigger trading
Read and research everything before joining or investing in a certain ICO or project, Have some knowledge on how to invest and how will you profit from it. Most newbies only think of gaining without knowing that risk is every where. Scammers will take advantage of the weak minded people who have some few knowledge about crypto that will lead them to being scammed. Knowledge is everything by this you can excel in the crypto world and you will learn how to decide for your investments.
member
Activity: 532
Merit: 12
First of all you should know the bitcoin system little bit. You should know how to use your wallet, save your private key and passphrases. After that you need to find trustable and powerful local Exchange or market because you have to use it when you deposit or withdraw.
full member
Activity: 1442
Merit: 108
For newbies it would be better to use a trusted easy to use exchange. Most people get into crypto by using coinbase, the fees are high but the simplicity and security makes it a worthwhile exchange, you can then diversify after that to altcoin exchanges for bigger trading

Now that I know the basics , I can say that using a good exchange is very much important in my opinion as well. But criteria should also include the fees they are charging. There are so many trusted exchanges available now and most of them have competitive fees. Fess might appear small but it can accumulate and then add up to a big figure.
jr. member
Activity: 182
Merit: 1
I think you should do all your tradings at a well recognized and reliable exchange platforms like binance, etherdelta, forkdelta and the others. Also, you have to check that you have inputted the right url before connecting your wallet address details to such exchange playforms. You should never trade with peoples who claim to trade in bitcoin and other cryptocurrency via telegram channels or unrecognized channels. Stay safe from scammers.
jr. member
Activity: 210
Merit: 1
always check the site you are visiting for phishing. because I have a lot of friends lost their money because of their negligence
legendary
Activity: 2534
Merit: 1338
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 ?
I suggest that you buy bitcoin in a large and trusted exchange. Don't buy bitcoin from a new person or exchange
Buying bitcoin face to face can be very safe but you need to do it with a person that has a very long reputation of doing those kind of trades and that everything went smoothly, it is not difficult to find people like that if you use localbitcoins but like always you need to be very vigilant especially if the amount of bitcoin that you want to buy is very big.
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