Topic: How to avoid getting scammed. - page 4. (Read 3707 times)
It is important to know the basics because trading is not easy job to avoid fraud. Learn various theories in fundamental analysis. And after this, continue practicing. But don't take a big step starting from the bottom. Good luck ......
Just follow one simple rule: " Never Ever Trust Anyone and think alt-east three times before making any decisions without any emotions". Many times sue to emotions me make mistake like panic sell and due to trust we also make bad decisions or lose our funds.
Well of course first is to check 2 times just in case , I think that cheating every day gets better and sometimes it is extremely difficult to recognize
I have been a member of this forum for more than one and half years and unfortunately there is no 100% fail-proof method to avoid scams. But if you take the necessary precautions like avoiding projects from newbs and red-trust users, then you can protect yourself 90% of the times.
Choose project trust, be careful every time the investment decision, Money is yours! Please consider carefully before deciding on anything related!
One of the ways that will make investors escape scam is to an extent is to do proper research about any project he or she wants to invest in, with proper research it makes you get some areas the project wants to use in scamming people.
To avoid getting scammed, you should not trust anyone who will give you huge profits in the crypto market. The more crypto market is developed, the more scammers are, so be careful with all scams.
Knowledge is power. The more you know, the harder for them to trick you, that is why all newbies must spend significant amout of time learning. It is the only way.
A say stated that, It is the greedy people who most get scammed.
my advise it to read in this forum before doing actions like trading or investing. you need to learn a lot from here and take necessary risks in order to gain some. it is good to ask question but make sure not broad. narrow it down for us to easily answer questions.
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?
It is impossible to avoid scammers even to very experienced people et the crypto market. Nevertheless, you can reduce the risk of being scammed to minimum by proper research and asking advice from more experienced crypto investors.
Basically trading is creating and managing a portfolio of coins which the purpose is to earn profits with the movement of the market. Well, you don't get scammed by trading if you use the right platform. If you got scammed by a site or some terms used is phished you just moved on and learn from that mistake.
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?
You should not start trading as a newbie with the mindset of making big profits. You need to do a lot of online research on trading basics and fundamentals. Also for the security purpose, you should use only established exchanges and your password should be very strong with 2FA enabled.
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?
To avoid all the scams this is not possible, no one can guarantee that all scammers can be avoided. The more developed the market, the more scammers are, so get to know all the scam forms so you can avoid all the scams.
I think you shouldnt invest icos for some time because too many icos are scam now and you can loose your money and i can say to you you need to protect your private keys. dont send to people your tokens and protect your private keys. If you will do these you can avoid getting scammed. No need to be worry about that too much.
Do not shout to everyone that you are investing in cryptocurrency, as scammers are looking for the requests of people and those who look more or less diligently, fall into their goals.
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?
In this technology we must extra careful in everything to avoid scammed here ,make sure you have a solid private key in your wallet and for campaign read there details or platform they produce to be secured at all times and not to regrets. In order to try to avoid fraud in my opinion you need to read in details all the information about coins and exchanges!
Knowledge is power. But without experience and practice it will be difficult to determine where the fraudsters are and where the good team is. how to avoid it is by analyzing the ICO from various aspects such as websites, teams, advisors, whitepapers, social media and others, so you can avoid scams.
Scammers are very literate now. They can calculate all our actions. Therefore it is not known who will deceive whom.
In order to try to avoid fraud in my opinion you need to read in details all the information about coins and exchanges!
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