Crypto is quite new in investing sphere and it's pretty hard to investigate the projects ideas and plans here. And there are many newbies here also, they did't try anything else.
Topic: Why will you invest in something you know nothing about? - page 11. (Read 2608 times)
People don't want to think, they want to earn money fast
Crypto is quite new in investing sphere and it's pretty hard to investigate the projects ideas and plans here. And there are many newbies here also, they did't try anything else.
Crypto is quite new in investing sphere and it's pretty hard to investigate the projects ideas and plans here. And there are many newbies here also, they did't try anything else.
We most times fail to first get the major thing straight up to ourselves first. One if the ways we easily get deceived, is when we do not know what is right to do at the right time or the correction to employ when things go wrong or are about to go wrong.
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??
I agree. That's one of the main thing you should focus about whenever you are investing. You should first be knowledgeable enough about the altcoin you are going to invest with. If you will not research about the background of the team and set aside reading their whole whitepaper, you shouldn't be surprised anymore if you are going to experience scam and fraud. There are a lot of coins out there today and even projects, not all of them can be trusted and the only weapon you can use against them is the knowledge you have about crypto. 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??
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??
It will be always the problem of people, who believe simply beautiful promises and words. This is the system of deceiving that works not only in the world of crypto but with economics and political aspects of life. We say that we avoid investing in projects that we do not know, but every day we do it paying taxes: this money is used later for fraud stuff.
I don't advise anyone to invest in anything until you understand it. After all, this is fraught with loss of money and disappointment in the cryptocurrency as a whole.
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??
in my opinion people who don't understand crypto and blockchian but directly invest in crypto are greedy people. they don't think too much about the definition of cryptocurrency that is important to be able to give an advantage so they will immediately try it. this way of thinking causes some people to suffer great losses. they don't do research and study crypto seriously. all they think about is profit.
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??
Yes it is true, most people invest without knowing more about the project they are going to participate in and they are just following what others have said without observing themselves or analyzing the project. And maybe the person is just a beginner in cryptocurrency so I think his close friend can provide more knowledge about his friend so they don't get disadvantaged or at least to better understand about cryptocurrency.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 this is exactly what happened at the end of 2017 and beginning of 2018 as we saw so many new investors who just invested based on bull run as they had no knowledge about bitcoin and most of them ended up losing their capital when the market turned bearish and cash out at low value which further damaged the market. It's better to do research and seek help from those who are already into it rather than just blindly investing.
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??
Yes it is true, most people invest without knowing more about the project they are going to participate in and they are just following what others have said without observing themselves or analyzing the project. And maybe the person is just a beginner in cryptocurrency so I think his close friend can provide more knowledge about his friend so they don't get disadvantaged or at least to better understand about cryptocurrency.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??
I always teach my friends about investing in crypto. actual crypto investment is not a profit of 30% - 50% per month. even 100% per month. it is a scam. crypto investment is long term. not monthly. but for the next few years. I have many friends who invest for a fee every month. but in the end is gone. and they lost their funds. then I explained that crypto investment is not like that. Crypto investment is to buy crypto assets and hold them until they reach the targeted profit.
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??
Greed is mankind's second best friend and worst foe. We live in a society where money does not just talks, it is the the primary resource to exchange goods and services so our primary goal is to earn. Meanwhile, ignorance is mankind's first best friend and worst foe. We often jump without looking how deep it is then blame the system for not warning us. It is our duty to study and learn yet we are such a lazy creatures that we pass the blame to someone else when we are deceived or scammed. Very few have the logical mindset to accept and even handle the risk by researching a lot about the project.
Those who are invest in such projects without checking the team , roadmap , product and history they are simply speculators and they don't care about their money or they simply gamble with projects thinking " OK, this is the one ,I'm gonna get rich! " and we all know how it ends ...with them loosing all the money and then complain about how they invest into shady and scam projects. No wonder why ICO's are struggle in the last months, even this type of investors got tired to gamble with projects that are going nowhere and the effect can be seen on ICO's and IEO's dying.
People can invest in things they know nothing about and they are doing it in stocks. For this reason we have stock brokers who manage your money and choose what you invest in.
do you mean mutual fund?Quote
When you tell someone to invest in bitcoin and you know what it is and how it works you're like that stock broker trying to help your friend earn money. He doesn't have to understand it as long as he trusts you and you do.
mutual fund is regulated by government, it has agreement to do thatif you wanna be that one, you should have sertificate and knowed as investment manager, it's not easy as it seems
i prefer to learn myself, read little by little, practice, understanding, etc. then i can have good skill
People can invest in things they know nothing about and they are doing it in stocks. For this reason we have stock brokers who manage your money and choose what you invest in.
When you tell someone to invest in bitcoin and you know what it is and how it works you're like that stock broker trying to help your friend earn money. He doesn't have to understand it as long as he trusts you and you do.
I believe in all investments, an investor should always have a wide knowledge about the thing he wants to invest because he should be responsible for the success of his investment. If he does not know about it, then it's more likely to fail in the end and will only lose his capital for the said investment. When you tell someone to invest in bitcoin and you know what it is and how it works you're like that stock broker trying to help your friend earn money. He doesn't have to understand it as long as he trusts you and you do.
People can invest in things they know nothing about and they are doing it in stocks. For this reason we have stock brokers who manage your money and choose what you invest in.
When you tell someone to invest in bitcoin and you know what it is and how it works you're like that stock broker trying to help your friend earn money. He doesn't have to understand it as long as he trusts you and you do.
When you tell someone to invest in bitcoin and you know what it is and how it works you're like that stock broker trying to help your friend earn money. He doesn't have to understand it as long as he trusts you and you do.
Invite their friends to invest in projects that are recommended to have the goal of getting benefits from the referral program. Projects that are followed usually provide additional tokens for anyone who invites others by using a special referral link that already exists. But as a smart investor, you must conduct an analysis before deciding to participate in the project so that it is not in vain
Referral program is very tempting that is why sometimes I introduce a project to my friends that I think its worthy but I never force them to invest because I don't want them to blame me if things go sideways. It's like I'm giving them some signals and its their duty to make a thorough research before investing since its their own money.
I certainly agree with you. It's necessary that we'll also tell our friends the risks and disadvantages of investing in crypto so they wouldn't expect much out of their investment. We shouldn't let them invest without having enough knowledge first so they will not blame us for their losses. Some people think of crypto investment as a shortcut to success but we should let our friends know that it should also include hard work and perseverance.
the biggest mistake might be because they think crypto is a shortcut to get lots of money. therefore they assume that all crypto will be beneficial even though not all parts of crypto are beneficial because there is still a fraud in the name of crypto. so you should give this information to newcomers, especially your friends 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??
in my opinion people who don't understand crypto and blockchian but directly invest in crypto are greedy people. they don't think too much about the definition of cryptocurrency that is important to be able to give an advantage so they will immediately try it. this way of thinking causes some people to suffer great losses. they don't do research and study crypto seriously. all they think about is profit.
I certainly agree with you. It's necessary that we'll also tell our friends the risks and disadvantages of investing in crypto so they wouldn't expect much out of their investment. We shouldn't let them invest without having enough knowledge first so they will not blame us for their losses. Some people think of crypto investment as a shortcut to success but we should let our friends know that it should also include hard work and perseverance.
I also don't understand why many people invite their friends to invest in projects that they don't know at all, even though their friends have not learned about the project but seem to be forced by other friends. I hope you don't do the same thing, because in investing we must be smart in choosing. If we make the wrong decision, then the money we have is lost instead of increasing.
Invite their friends to invest in projects that are recommended to have the goal of getting benefits from the referral program. Projects that are followed usually provide additional tokens for anyone who invites others by using a special referral link that already exists. But as a smart investor, you must conduct an analysis before deciding to participate in the project so that it is not in vain 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??
I know cryptocurrency and its not ghost where we don't know what happen at the future or next time, take part for investing with bitcoin and altcoin give us chance how to get much profit but analyze for every altcoin investing is most important, never investing with altcoin never have product and serious team to make their coin become higher price. 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??
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