I think that they have simply meant exchanging of tokens through exchange platforms. If you want to hold Bitcoin, you will convert your dollars to Bitcoin, that is what been meant there.
Topic: How to avoid getting scammed. - page 27. (Read 3720 times)
The most effective way to avoid scammers when trading cryptos is always to update information on the telegram groups and always ask questions if you have any doubts. And it is not advisable to trade between individuals without intermediaries because it is easy to lose the cryptos.
the primary thing you have to do is doing your own research before sending money or investing somewhere because everything officially is stated and if you look on details you can avoid being scammed.
A newbie can be easily scammed in this market you should avoid it by not investing in ico and staying away from shit coins.
Trading is very dangerous, as is investing in new companies. Now even the tokens that have entered the market suffer from bears. But those who are just going to go out, it is even harder. Against the background of the political situation and uncertainty in the address of the crypto currency, only adds tar to this honey.
I recommend first carefully study the topic of trade in general, read the works of famous traders. Study the different theories in fundamental and technical analysis. And after this, proceed to practice. But do not take big steps. Do not hurry. And you will definitely get profit from the trade.
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 beginner in this platform you gain some knowledge in trading platform then only you will understand exact process in trading. No one is stolen your investment because currently security is improved in all the trading site. The main risk is current scenario of crypto market is collapsed so all the coins fluctuating constantly if you looking short term investment carefully pick the coin then only you will earn profit. i really dont know what trading is
You buy a coin at any price that you put it on order but the ideal is to buy those coins at the lowest price or when the market is reddish.how can i get my money stolen from that thing can you guys explain to me?
If you're coins were stolen, there's no way to acquire them back as crypto transactions are irreversible so make yourself aware about that thing.
In dealing scams i couldn't encountered yet on the trading i must exprience during ico time. I don't know how but as i say beware on that scammers, on trading be careful on what you type because many hackers are waiting to get inn.
Simple rules for you.
On your exchange account, make sure you have your 2fa enabled. Don't share your private key with anyone.
Lastly, don't fomo unnecessarily, the end result is not always palatable.
On your exchange account, make sure you have your 2fa enabled. Don't share your private key with anyone.
Lastly, don't fomo unnecessarily, the end result is not always palatable.
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?
Just be careful of those phishing sites like if someone gives you a link via msg or email don't open it immediately or do not fill any form asking for your password because they can easily access your account, and if you are using private keys better not input it elsewhere just in the online wallet you are using like myetherwallet. 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?
This is exactly the same area of obtaining money, where not experience, but knowledge is important. There is a lot of foreign experience, having studied that you can greatly minimize your risks and successfully move forward. 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 your opinion ,for beginners, better learn about trading or others. Seek basic knowledge to get started when avoiding scams
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 doing a trade and there is a thing that makes you feel confused about that. How the bottom to be a good entry for you. If you are getting entry when the price was pumping and then i think that if the market will be getting another dump and you will be lost your money. I meant from your initial investment. This is how a trade will make you lost your amount.
I think the best approach for newbies it is a practise but do not hurry up to do anything. Before doing anything you would better to browse, understand and figure out completely what you do and what you want to get.
Do not join strange bounties and do not buy suspicious coins and it is essential not to risk money which are very important for your life.
Do not join strange bounties and do not buy suspicious coins and it is essential not to risk money which are very important for your life.
Well we should be careful about any transaction or anything we do with anybody online.Because right now there are issues everywhere and it is like you cannot even trust anyone on the internet.scammers are always looking for ways to get people into their traps.
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?
First things you must do is check the URL that you will be visiting. That way you are already avoiding phising scams.
Next is the website that you will do the trade. I prefer going to the populated ones like Binance.
If you are going for Ethereum to Erc20 tokens then Idex will be a good idea. It is tested and proven already to be a decentralized platform.
Some prefer the old one like poloniex. You could also do trades there but I bet some of their coins do not have much movement.
Learn first, read watch videos, what are cryptos, what's the purpose. You don't want to invest in something you don't understand. If you feel ready, learn how to buy cryptos (high cap like Bitcoin/Ethereum) but only a small amount. Then learn how to setup your own wallet, transfer cryptos to your wallet.
Do things slowly, I don't recommend you to trade if you don't understand what you're doing right now.
Do things slowly, I don't recommend you to trade if you don't understand what you're doing right now.
As a newbie, I am trying to focus more on my learning rather than being excited to invest. I think that I will face so many hurdles when I will start investing. But to minimize the risk, there is no alternative but knowledge. Even knowledge will help me to understand the difference between real and fake. So my recommendation to you, be stick to achieve knowledge. Time will guide you what to do and when to do.
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.
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