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Topic: How to avoid getting scammed. - page 26. (Read 3682 times)

newbie
Activity: 266
Merit: 0
June 12, 2018, 07:01:27 PM
#42
At first do a simple on the market of crypto currency. Make a list of top 10 or 20 coins or tokens that are operating in the market. Then separate the new and old coins. Then look at the past results of the old coins. You can also take advice from the experts of this market. Focus on the safety rather than profit when you are new.
newbie
Activity: 82
Merit: 0
June 12, 2018, 12:39:05 PM
#41
I think the first think you need to do is that before giving any personal information check the site properly. Dont share your email id and phone number to any public post and always secure your private key. Scammers always try to keep looking for this stuffs.
newbie
Activity: 167
Merit: 0
June 12, 2018, 12:08:27 PM
#40
If you trade but you are still a newbie it is very messy, and it is definitely confusing. it's better not to trade first, pahali first his knowledge, much to learn about the world of cryptocurrency, do not rush to trade. and if you already know the true world of cryptocurrency most likely you are safe from scammed
full member
Activity: 504
Merit: 102
June 12, 2018, 12:02:04 PM
#39
im a newbie here i really want to get much experience in cryptocurrency and i myself want to learn a lot about it but since im new in this industry everybody warn me to be careful in trading, i really dont know what trading is and how can i get my money stolen from that thing can you guys explain to me?
any trade is essentially the same, buying it cheaply and selling it for a high price or when we have earned a profit. but in the trading crypto not everything we see and hear, there are many of considerations and analysis we have to do.

losses in that trade does not mean we lose our assets, but the value of the assets that we have decreased, even away from our capital. this is because we are stuck and aser that we have its price continues to decline.
member
Activity: 280
Merit: 10
June 12, 2018, 11:52:11 AM
#38
im a newbie here i really want to get much experience in cryptocurrency and i myself want to learn a lot about it but since im new in this industry everybody warn me to be careful in trading, i really dont know what trading is and how can i get my money stolen from that thing can you guys explain to me?

Trading is a risky business that you have to be careful about it. Before you start to trade you should learn about trading from experts. You should learn how to read charts and candles to analyzed the market situation. You also need patience as one of the basic qualities of trading because without patience you will make a lots of hasty decisions. Thanks
member
Activity: 434
Merit: 11
June 12, 2018, 11:45:51 AM
#37
As always, do your own research every time you do your own trades or even investing to an altcoin. The only person you can trust is yourself and the most secured way to protect your funds to scammers is to be knowledgable in crypto world. This forum is super helpful specially to those who wanted to be enlighten on decision making. Most of the members here are willing to share an accurate information about cryptocurrency and always giving a reliable opinion base on their experience. Never stop learning my friend.
newbie
Activity: 150
Merit: 0
June 12, 2018, 11:26:35 AM
#36
Don’t invest whith that limited knowledge and don’t be greedy for you to be safe from being scammed. It’s important to know the basic and of course be very busy on learning things. Trading is not an easy job to avoid scams don’t trade with shitcoins and invest in long term.
I agree with you. In-depth knowledge is necessary for trading and crypto investment. Without it you will not get maximum results, maybe even get into the trap of deception. Do your goals gradually and I do not advise to trade without good knowledge.
newbie
Activity: 119
Merit: 0
June 12, 2018, 11:21:44 AM
#35
Firs of all you should draw your attention to the core team, partners, funds and of course to the activity of the community. Good example is AsuraCoin. I can asure you that it is not a scam as they are really transparent. Just as an example
jr. member
Activity: 275
Merit: 1
June 12, 2018, 11:17:17 AM
#34
There is no concrete solution so that you wouldn't be scammed. I believe that there is a slight chance that you wouldn't be scammed. In order to avoid being scam, One should really gain focus on choosing the right coin for investment. Hence ICOs are really anoying recently and it is harder to look for info about coins that will really succeed.
jr. member
Activity: 135
Merit: 5
June 12, 2018, 11:16:11 AM
#33
In this crypto world which is full of bogus and scam, you cannot hold the fact that there is a tendency that you can get hacked but for you to avoid it you just need to be very mindful, observant and wise in every action that you are doing online for you to avoid being scammed.


To avoid being scammed you need to not trust to others with your private key and avoid sharing it and then you need to make sure that your the only one know about your private key.here in crypto you need to be more observant to avoid being scammed because scammers is always there and its all up with us how we avoid them and how we protect our wallet to not scammed.
newbie
Activity: 183
Merit: 0
June 12, 2018, 11:11:08 AM
#32
it seems very difficult if you have to avoid a scam. so we can only learn as seriously the project we are going to work on. so we really have to choose carefully. so a little more we've been trying to avoid the scam.
member
Activity: 364
Merit: 11
June 12, 2018, 11:08:17 AM
#31
if you just do airdrop you can't be cheated.  Grin  airdrop costs no money and you can only win.   ;)and if the airdrop doesn't come you haven't lost any money. and in my signature you can find 400 tokens. all for free
sr. member
Activity: 1344
Merit: 270
June 12, 2018, 11:03:51 AM
#30
im a newbie here i really want to get much experience in cryptocurrency and i myself want to learn a lot about it but since im new in this industry everybody warn me to be careful in trading, i really dont know what trading is and how can i get my money stolen from that thing can you guys explain to me?

I think trading is not related to scammed,
so you can learn it first before trading the altcoin or bitcoin. because it is very important to be your base in making a profit. and most scammed happens on the ico project.
jr. member
Activity: 260
Merit: 1
June 12, 2018, 11:02:13 AM
#29
Never share your private keys. Use trusted exchanges. Buy a hardware wallet if you can. That's the most safe method. Scammers cannot access the hardware wallets.
sr. member
Activity: 798
Merit: 250
homt.net
June 12, 2018, 10:57:36 AM
#28
im a newbie here i really want to get much experience in cryptocurrency and i myself want to learn a lot about it but since im new in this industry everybody warn me to be careful in trading, i really dont know what trading is and how can i get my money stolen from that thing can you guys explain to me?

I want to advice you concerning trading crypto because you can burn your hands if you are not careful. As a newbie as you said before you do any trading you must learn the ropes. Meet any crypto trader professional to teach you about the business of trading.
full member
Activity: 239
Merit: 100
June 12, 2018, 10:52:10 AM
#27
In this crypto world which is full of bogus and scam, you cannot hold the fact that there is a tendency that you can get hacked but for you to avoid it you just need to be very mindful, observant and wise in every action that you are doing online for you to avoid being scammed.
sr. member
Activity: 1400
Merit: 259
June 12, 2018, 10:45:24 AM
#26
A newbie can be easily scammed in this market you should avoid it by not investing in ico and staying away from shit coins.

Not all ICO does that.
Do your own research and it can be profitable. I believe that. There are these companies that wants changes with the crypto world and they just dont have the right budget.
The government cannot help them for it is not supported but we can. Crypto enthusiast would love to support something like that, there are just too much negativity with others and it is beginning to spread. We should stop that.
legendary
Activity: 3234
Merit: 1399
Join the world-leading crypto sportsbook NOW!
June 12, 2018, 06:21:21 AM
#25
im a newbie here i really want to get much experience in cryptocurrency and i myself want to learn a lot about it but since im new in this industry everybody warn me to be careful in trading, i really dont know what trading is and how can i get my money stolen from that thing can you guys explain to me?
If you are talking about trading, then you are already not so likely to get scammed, since investing in ICOs is off the table. You will need some initial funds for trading and perhaps some knowledge about it (at least watch some videos on youtube). As you main concern is about losing money, make sure you use only the best exchanges (Bittrex, Binance, Hitbtc etc). It is best not to hold your funds on any exchanges, though, because in case or force majeure they can block your access to the account and, as the prices will probably be going down, you will not be able to sell your coins on time. Keep in mind that every exchange has some conditions that might be disturbing for you. Some may require full authentication (passport scans, for example), while others might have high withdrawal and trading fees. Please check such information before withdrawing anything to an exchange. Good luck!
jr. member
Activity: 118
Merit: 1
SEELE- Blockchain 4.0
June 12, 2018, 06:15:14 AM
#24
Few things you need to take note:

1.) Only join telegram via trusted website's link, i.e. ICOdrops, never ever join telegram from suspicious website
2.) Never reply to PM from project admin, they are too busy dealing with the telegram they dont have time PM each of the member to get money
3.) If you receive email from a project asking you money or offering you special offer, think twice why you are so special? What did you do to entitle for the offer? If no, ask in official telegram if the email is legit, I can assure you 99.99% are scam
4.) Dont anyhow participate in ICO, 95% of them fail, red flag: lending, investment, logistics, currencies, market place, social media, AI, advertising, marketing, there are too many of such projects and they dont need that much money to start a legit project

GOLDEN rule: Only invest in what you can afford to lose
full member
Activity: 238
Merit: 100
June 12, 2018, 06:07:13 AM
#23
im a newbie here i really want to get much experience in cryptocurrency and i myself want to learn a lot about it but since im new in this industry everybody warn me to be careful in trading, i really dont know what trading is and how can i get my money stolen from that thing can you guys explain to me?

Well, trading itself doesnt impose a risk of being scammed (as long as you trade on exchanges that are not scamming people by default - I suggest to stick with big exchanges), however if you have no experience in trading there is a huge risk that you will take the wrong decisions and therefore "lose" your money while trading. Be careful but if you make mistakes, its normal, the learning curve is steep!
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