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Topic: How can you invest in bitcoin without being scammed? - page 8. (Read 3033 times)

jr. member
Activity: 616
Merit: 1
You have to use a reputable exchange like coinbase, coinomi, Bittrex, Binance and other top exchanges and also you have to be very careful. Double check the web address to make sure you are on the right website.
sr. member
Activity: 1078
Merit: 270
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 ?

that's why you have to use your knowledge and experience in the crypto industry, the risk of being scammed is quite difficult to track the whereabouts of the person, because we know the nature of the anonymity. this is why you must learn before you are interested in investing.
member
Activity: 378
Merit: 10
You can invest in bitcoin without being scam through hodling it but be sure you did not tell to anyone the security features of it or give those security feature in some site.
full member
Activity: 378
Merit: 100
if you ask such a question, you probably already know the answer. in fact, everything is simple, check all the sites with the originals and keep your computer safe
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
I suggest that you buy bitcoin in a large and trusted exchange. Don't buy bitcoin from a new person or exchange
What do you mean by new person? you just met him/her recently?

There are bitcoin sellers where you can buy bitcoin directly and they are legit, just check their trading history so you are aware of them. What's scam is when you invest with those that are promising daily profits.
newbie
Activity: 79
Merit: 0
Before investing you must research the bad and good effects in you and in your income, find some source in the internet about legit bitcoin investments, or buy on exchange, there so much in google that we can find, we need to be a researcher.. Being scammed nowadays is not that much. Because almost many people knows  about it.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
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

It's not that difficult really. You have less chances of being scammed by just being aware of what you're doing. Most of the time scammers vicitmize newbies who are blinded by easy quick money that they don't exert effort to know about the market. Keep yourself informed and you're more on the safe side.
sr. member
Activity: 1092
Merit: 256
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
full member
Activity: 442
Merit: 101
For me, I use reputable trading floors to perform transactions. All transactions are processed through the internet, so you should restrict the provision of information such as your wallet address or gmail address to any unclear requirements.
sr. member
Activity: 756
Merit: 250
Do you mean that website is like ico?
If you want to invest, you can find out first about the project and how much they sell, if they don't reach softcaps in sales, you better just ignore it.
full member
Activity: 420
Merit: 101
You just have to buy a trusted market that is so far used by many people, you can buy a few coins in the market instead of just bitcoin. And you alone are able to secure yourself with a pass that is unknown to people. You can buy through your own account.
newbie
Activity: 31
Merit: 0
FROm my experience, You need to have your own computer to do only  your transaction, not for any web to prevent being risk such as hacking or scammed
full member
Activity: 563
Merit: 102
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 ?

Take it as your whole responsibility, be cautious and careful. Buy only in exchange and keep safe your password, pin or any important information. Do not click into website that you are not sure because if they are phishing site they can access to your account or wallet that might be possible of losing your Bitcoin. When I buy Bitcoin I buy it on exchanges not in people. Be aware that scammers are everywhere.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
very easy. we can buy some bitcoin on the crypto market. and we invest in the long term. do not be easily influenced by negative issues that make panic and do not be easily affected by price fluctuations in the trade market. because the price of crypto is very easy to manipulate or be manipulated by anyone. and most of all we must know all the risks if we play investment in the crypto world.
what?Stupid The title says preventing being scammed while investing ,whats this answer?How many people must be like this before we learn how to prevent spammers damn.OP know whats this all about all he needs is the strategy to lessen the engagement from this expert scammers nowadays
jr. member
Activity: 235
Merit: 1
Staker.network - POS Smart Contract ETH Token
Always bear in mind that prerequisites in entering the crypto world is that you have to be diligent on making your own study and research about crypto and the projects you want to invest in. Do no just rely on the other views and speculation, then make decision wisely and don't risk huge assets and invest only you can afford to lose.
full member
Activity: 854
Merit: 100
Investing in bitcoin is a big risk and investing in it requires a lot of research and understanding. You can seek advice from elite investors but the first thing you need to do is to have the basic understanding yourself. After that you can walk to a local dealer and buy your coins safely
sr. member
Activity: 672
Merit: 271
There are chances of scams everywhere and therefore, you've to be double sure here before doing any transaction. Online transactions are more prone to different kinds of risks and scams. The online world is full of malware risks, cyber attacks, online frauds and scams. So the party has to be smart for one's own sake so that you do not have to face problem later in the future.
 
if you invest in the official market exchanger site from bitcoin, there will never be a scam. prices suddenly fall? it's not a scam, bitcoin is indeed volatile and I really enjoy the current price movements.
You have to watch the market on regular basis so that you're well aware about your market environment and also you can safeguard yourself from the various kinds of risks probing out of the same. One who is well prepared and aware in advance will only be able to survive in the long run!!
full member
Activity: 644
Merit: 113
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 ?
Most scams are too good to be true. I've been scam for many time and of every different kind of scan. One of it was buying ICO coins that did not give back return on investment since its price hit its bottom rock. I was even scammed by an exchange hoping that my funds were all secure but suddenly turned out to be missing. Its really hard to see funds going missing and there were many more experience I've gone through (hopefully I won't be on that situations anymore and learned my lesson.)
This time I just choose to trade, buy and hold coins. I no longer join any schemes but rather keep my fund safe on open source wallet. If you will also choose to just buy and hold coin you might consider to have HODLER wallet, its a multi wallet with great security feature.
jr. member
Activity: 278
Merit: 5
Invest and play
If you are worried about getting scammed when  investing in $Bitcoin , I will want to ask you how and from where you buy $Bitcoin!!? If you buy from individuals, chances of getting scammed would be more, best way to invest in $Bitcoin is to buy from reputable exchanges. I know those buying $Bitcoin in large amounts up to $600.000 may find it difficult moving huge funds like that, but there are exchanges that allow dollar deposits; the maximum of which I don't know. But you can still deposit small amounts in dollar in exchanges over a period of time and spread your buy proportionate to the deposit amount and period.
full member
Activity: 546
Merit: 100
I think the best way to prevent your bitcoin investment of being scammed is to make sure that you have a enough idea on what you are going to invest like in a other business investment you need to study first before engaging any amount of money or capital. Next one is make sure that your transactions or bitcoin transaction will be private and be secure to your account passwords or account private keys. In investing bitcoin or in any other business you only need to trust your self and your strategy to make your business or investment transaction smooth and good.
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