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Topic: Why will you invest in something you know nothing about? - page 12. (Read 2608 times)

sr. member
Activity: 784
Merit: 251
https://raiser.network
Clueless to what they are doing and investing is a big mistake and a common thing happen everytime on crypto. but why they fall down of this everytime newbies are comin here, because they are greedy and want to get high profit back. and also they are invited to those friends who are victims of FOMO by any news and predictions. a true knowledgable friend will not invite you to invest immediately. they will avoid you from any losses. and dyor is their always reminder that you should keep on your mind.
full member
Activity: 1176
Merit: 162
.......
I just remember myself and It made me laugh, last 2017 I invested in some ICO's without knowing the project I am too focus on the profits. It is a common newbie mistake no one teach me about crypto I just found out it myself searching online so its hard but I'm learning slowly. My advise to my fellow newbie just read and you will learn something.
hero member
Activity: 1008
Merit: 501
Sometimes we have to take the risk! Without taking the risk, you can't gain much from investment! So, some of my friends don't know well about the crypto market but they invested here! I always try to teach my friend about crypto and the potential of Bitcoin, but they only want to rely on my decision! I know they will know what is the crypto is with the time, as the blockchain technology is being accepted by every country! 
sr. member
Activity: 1022
Merit: 276
★Bitvest.io★ Play Plinko or Invest!
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??
If any friend of mine who does not know about crypto asks what this is, I always talk bad about it. If s/he can still prove to me that s/he is concerned, I am going to tell him/her about its good sides. I always remind her/him how risky the trade is. So I prepare her/him for the worst, and do not be too upset if s/he is gonna lose all her/his money in the future.
Talking about the negative side of crypto is better when sharing information with other people. You can see them after hearing those words if they will still be concerned or show their interest in it. I also used the same strategy, especially when it comes to investing.
I prefer to tell them that they might lose their investment, and then after that, I'll tell them how I've done my own investment.
hero member
Activity: 1470
Merit: 509
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??
If any friend of mine who does not know about crypto asks what this is, I always talk bad about it. If s/he can still prove to me that s/he is concerned, I am going to tell him/her about its good sides. I always remind her/him how risky the trade is. So I prepare her/him for the worst, and do not be too upset if s/he is gonna lose all her/his money in the future.
member
Activity: 798
Merit: 38
The attitude of someone tells me and I invested should be stopped, else you might make a mistake when that same person, though knowledgeable, is not there to tell you what to do next, particularly when to sell or buy back. It is what you know today that will guide you in future.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
Unfortunately, many people invest their money, they themselves don’t even know what, the reason for this may be the widespread hype around the investment object, which may turn out to be just a scam. A lot of mistakes with investing arise due to lack of knowledge.
Knowledge is the most effective tool inside this investment place, if you blindly invest without understanding the market then you are fooling yourself and expect that it will mostly failed. Invest into something that you will understand, sharing ideas and providing important information to make sure that you or your colleagues will be able to survive from this field of investment since there's a big risk behind this market.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
everyone has their own way or other reasons before investing in crypto, so there is no harm if someone makes a random investment because it has become his choice. but for me personally would not recommend someone or my friend to invest in the wrong place.
We know the risk in crypto investment but we can't either stop others just because of this. Why not give them a chance to engage with crypto and experience the risk as they have their choice also, only we could just give them some advice and tips. Cause nobody knows that they might able to manage the risk and even succeed in trading. 
We can say that they have their own choice, but it would be better to give them a little advice that investment is not as easy as that.
They should know how to learn the risk of investment, to stop doing a random investment and to avoid becoming a victim of scam again and again.
hero member
Activity: 966
Merit: 500
📱 CARTESI 📱 INFRASTRUCTURE FOR SCA
Unfortunately, many people invest their money, they themselves don’t even know what, the reason for this may be the widespread hype around the investment object, which may turn out to be just a scam. A lot of mistakes with investing arise due to lack of knowledge.
sr. member
Activity: 2436
Merit: 343
everyone has their own way or other reasons before investing in crypto, so there is no harm if someone makes a random investment because it has become his choice. but for me personally would not recommend someone or my friend to invest in the wrong place.
We know the risk in crypto investment but we can't either stop others just because of this. Why not give them a chance to engage with crypto and experience the risk as they have their choice also, only we could just give them some advice and tips. Cause nobody knows that they might able to manage the risk and even succeed in trading. 
sr. member
Activity: 1175
Merit: 275
Quote
how can you invest into something if you have no clue about what are you investing in at first place or is just about 21st century beg??

It is never a begging method because the person is investing his/her personal funds.
It is very possible to invest in what we do not have much knowledge about when we see people that are making profits from it and we have the funds to take that risk.

Naturally all investor always do one or two findings about where to put their money before investing.
full member
Activity: 1048
Merit: 101
everyone has their own way or other reasons before investing in crypto, so there is no harm if someone makes a random investment because it has become his choice. but for me personally would not recommend someone or my friend to invest in the wrong place.
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
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??

Mostly those who invest not necessarily they don't know anything about but they have just a bit of knowledge something more behind than its surface. Usually they got hit by those sugar coated words well, all of project though but they forget to look more it throughly. And later on would complain that they got scam, this project is fraud. That is why they whining and complaining around here what we need to do is to educate them instead of scolding.
sr. member
Activity: 1274
Merit: 278
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??

Most of the times, I have a friends that didn't really want even to know what cryptocurrency is, until such time they see me with interfaces that they couldn't understand. I word in silent because I believe that words are not enough to convince people so I show them the trading platform. Their reaction isn't promising since they couldn't understand the graphs showing. And that is the time when I decided to tackle topics about crypto to them. In this case, we case say that we don't need to spoon feed people to adopt cryptocurrency, what we need for them is to have even a single enthusiasm and it will be upon us on how we can get them involve to crypto.
sr. member
Activity: 1148
Merit: 252
Actually this has a negative impact on cryptocurrency because those who feel they have been cheated will incite new people not to invest because they feel cheated or disadvantaged, in fact it is their own fault due to greed and carelessness who ambition to get big profits on the wrong project and ultimately disadvantaged because they are not based on knowledge and investigation before investing.
actually investing in crypto is profitable if the investor is good at investing smart utilizing every opportunity to get profits and any investment is always related to risk and we can only reduce the risk of loss that we will get in investing capital is mainly confidence and patience
sr. member
Activity: 2366
Merit: 448
SOL.BIOKRIPT.COM
Actually this has a negative impact on cryptocurrency because those who feel they have been cheated will incite new people not to invest because they feel cheated or disadvantaged, in fact it is their own fault due to greed and carelessness who ambition to get big profits on the wrong project and ultimately disadvantaged because they are not based on knowledge and investigation before investing.
hero member
Activity: 1274
Merit: 521
7enius - Your Cryptocurrency Marketing Consultant
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.
sr. member
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
This is the habit of the newbies or the people who are greedy to make their money grow faster than other investment vehicle. Those type of people are the ones who let their emotions eat their critical thinking in terms of decision making and at the end of the day, they lose their hard earned money because of their greediness. It is a must to do research or study what the investment is about so you can really see if the investment is worth it to pursue or not.
sr. member
Activity: 980
Merit: 252
Many people invest on something that they didn't know because they be given by people a lot of profits in a short time.
Sometimes maybe really got the profits, but they always greedy to invest more and hoping for multiple profits.
But in the end their assets is gone. So for everyone we really need to find out the bussiness process about what we will invest and becoming a not greedy person to reach success
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
If me, personally i wouldn't do that. But there are a lot of people who invest in ICO only because of see the project promoted by influencer. Like when famous people promote it, the project usually get a lot of investor. And in a time ago, we can see some project make famous people to endorse them. And then project can end their sale faster than usual. It is not resisted, if people who don't really know about the product, invest because something like that.
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