Topic: Why will you invest in something you know nothing about? (Read 2619 times)
I agree with this, everyone started being a beginner and we should teach our friends so that they will not be lost in this industry. Lets face the fact that we all invest blindly when we are beginners and don't know what we are doing. We just hope that certain coin/token will moon one day without knowing the use case and the team behind it.
A very good question but the fact is this. Most people are tired of working hard. everyone wants to make money easily without stress. this is the reason why scam project are on the raise. Many are lazy to study investment and business. they all want quick returns. that why business are failing and people are just trowing money everywhere to see what will come out of it.
the mistake is in ourselves, we have not been able to hold the desire to have a lot of money, try to hold it and try to analyze what investment you want, and do not follow people 
If you want to make money by investing, you have to be a good researcher. If you invest without doing research, you can lose money. Also, to enjoy this job, you have to love to do research. I think we should feel the excitement of technology.
Are you a joke, you don't need to know or understand everything about a project before investing into the project, do you want to tell me that all these big investors understands what they invested into. There was a day I was watching Comcast CEO talk about fibre optics, he said Bill Gate told him that it is the future and they invested into it and ended up been a good investment, but what about those that invested into Laser Disk, some people feel it was going to displace CDs but never scale. Invest into people that you trust then your chance of winning is brighter and remember not all projects Bill Gates and all the billionaires of these world ended up a success
investing in cryptoqurrency is a high risk, but I assume that the risk can also be profitable if for investment. investment is also like speculation. so I think investing should be patient, choose a decent coin, including having large users, and already registered in the top market.
A very good question but the fact is this. Most people are tired of working hard. everyone wants to make money easily without stress. this is the reason why scam project are on the raise. Many are lazy to study investment and business. they all want quick returns. that why business are failing and people are just trowing money everywhere to see what will come out of it.
Please stop your whining here if your friend dont know nothing about blockchain and crypto then teach him so he can be independent
Don't let them invest in what they don't know about
how can you invest into somthing if you have no clue about what are you investing in at first place or is just about 21st century beg??
during it can came the profit? why not? experience can make decision about it, maybe people has experience or history about crypto it can make decision for invest so not only focus on blockchain and technology. then beside that you still can learn and read about crypto for youself Don't let them invest in what they don't know about
how can you invest into somthing if you have no clue about what are you investing in at first place or is just about 21st century beg??
For some that invest in a project that they do not know anything about takes a huge risk while some that also take time to study what they intend investing about also take a huge risk. Both people that fall in this category risk in one way all the other since there is no certainty that the investment will be positive. I believe the major reason why people invest is just to make a profit and most time when you intend to invest to get a profit in a short time you will discover that you pay little attention to what the project is all about. What will be registered in your head is how much you intend to make from the investment. For instance, do you know that many traders like buying dumped coin? do you think they research those coins before buying them? No. All they are after to make short term profit and jump back to investing in another dumped token.
I think that traders who buy coins after the dump and do not study them are traders who have a lot of money. a good trader always knows which coin he chooses. We all understand that only technical analysis is not suitable for us. the fundamental strength of the project is also very important. 
Warren Buffet said that i just only invest a product or business i know it thoroughly and its future outcomes,Crypto world is for all and big platform where can earn for life but before invest in the crypto must follow the rule and educate yourself about the crypto.If you invite friends also teach them that they can independently take the decisions reated to investment.
For some that invest in a project that they do not know anything about takes a huge risk while some that also take time to study what they intend investing about also take a huge risk. Both people that fall in this category risk in one way all the other since there is no certainty that the investment will be positive. I believe the major reason why people invest is just to make a profit and most time when you intend to invest to get a profit in a short time you will discover that you pay little attention to what the project is all about. What will be registered in your head is how much you intend to make from the investment. For instance, do you know that many traders like buying dumped coin? do you think they research those coins before buying them? No. All they are after to make short term profit and jump back to investing in another dumped token.
investment depends on the confidence of each investor. if you believe in coins then you will also take that choice and vice versa. for me personally investing is a high risk and also a challenge in the market. I am not hypocritical to use small funds in some random coins, because this is based on my belief.
yes, but believing in something must be based on clear reason. And it needs deep researchMake sure before investing in something, we have to understand what we invest in
To me, at least I read carefully the project whitepaper. That's minimal thing that should we do
Maybe it is not 100% will guarantee our investment, but at least we reduce the risk by knowing the field
Please stop your whining here if your friend dont know nothing about blockchain and crypto then teach him so he can be independent
Don't let them invest in what they don't know about
how can you invest into somthing if you have no clue about what are you investing in at first place or is just about 21st century beg??
Don't let them invest in what they don't know about
how can you invest into somthing if you have no clue about what are you investing in at first place or is just about 21st century beg??
yes you are right some investors only follow the bitcoin hype and hope they can get profits quickly. most people are easily tempted by the lure of great prizes. they hope that bitcoin can rise as high as 2017 without doing market research and analysis properly. so in the end it's not the profit they get but the loss. therefore we must always do our own research before investing.
starts from a curiosity, then the hype comes to try to convince someone, coupled with the existence of greed and always thinking (will get big profits and get rich quick). it's true, everything related to cryptocurrency, blockchain, investment, everything needs learning. but in reality, hype is inevitable for those who are curious and try to enter.
Newbies in crypto that are rich go on investing on different hyip projects believing they will get more money. Majority of the projects last year were scam. Only a few coins/alts got listed, hope they invest on a great project this 2025.
They wanted an easy money but the sad truth they will ends up being scammed by those scammers who also aiming for quick money. If you want to have good investment, best to begin with enhancing your knowledge and not to invest to something that you don't have any ideas. It will be a good advantage to anyone who are willing to succeed from this industry.When crypto came to our life, there's always a saying that this will change our life, and for sure for most of us did change our life because of this opportunity. Investing in crypto, there's always risk associated with it, so it will be up to us how we are going to take risk, but before taking risk let's always do research on it.
Newbies in crypto that are rich go on investing on different hyip projects believing they will get more money. Majority of the projects last year were scam. Only a few coins/alts got listed, hope they invest on a great project this 2025.
They wanted an easy money but the sad truth they will ends up being scammed by those scammers who also aiming for quick money. If you want to have good investment, best to begin with enhancing your knowledge and not to invest to something that you don't have any ideas. It will be a good advantage to anyone who are willing to succeed from this industry. I always research my own investments before making them, and I certainly do not invest in an investment instrument that I do not know or doubt about its future. I think that other people who make investments usually make uninformed investments and therefore lose money. I usually say that people like these have dreams of making a lot of money with low budget in a very short time.
What I've just observed, mostly scammers are usually using decentralized application to make contacts and to have victims. In some other time, they post in forums or groups to attract people's attention to contact them. Some do offers competition and advertisement salaries, but what makes them similar to one another is the anonymity of the person trying to propose an investment to you. So, this topic perfectly fits the condition of not trusting someone or invest to someone you didn't really know.
Newbies in crypto that are rich go on investing on different hyip projects believing they will get more money. Majority of the projects last year were scam. Only a few coins/alts got listed, hope they invest on a great project this 2025.
Shockingly, numerous individuals invest their cash, they themselves don't have the foggiest idea what, the explanation behind this might be the across the board publicity around the venture object, which may end up being a scam project .A great deal of errors with contributing emerge because of absence of information and people tends to loose their investment
Most of those that keep being scammed by icos are making that mistake, I do not have any problem admitting that I do not know what an ico is trying to achieve with their project and I do not get intimidated by it, if I do not understand it I simply do not invest in it.But when other people have to confront the same situation they think that if they do not understand what the ico is trying to achieve then the ico must be good since it is so complex but as we know most of those people will get scammed as they invest in something they do not understand, something that is a clear mistake according to some of the most basic investment guidelines.
Shockingly, numerous individuals invest their cash, they themselves don't have the foggiest idea what, the explanation behind this might be the across the board publicity around the venture object, which may end up being a scam project .A great deal of errors with contributing emerge because of absence of information and people tends to loose their investment
Most of those that keep being scammed by icos are making that mistake, I do not have any problem admitting that I do not know what an ico is trying to achieve with their project and I do not get intimidated by it, if I do not understand it I simply do not invest in it.But when other people have to confront the same situation they think that if they do not understand what the ico is trying to achieve then the ico must be good since it is so complex but as we know most of those people will get scammed as they invest in something they do not understand, something that is a clear mistake according to some of the most basic investment guidelines.
investment depends on the confidence of each investor. if you believe in coins then you will also take that choice and vice versa. for me personally investing is a high risk and also a challenge in the market. I am not hypocritical to use small funds in some random coins, because this is based on my belief.
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