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Topic: Why will you invest in something you know nothing about? - page 14. (Read 2608 times)

member
Activity: 536
Merit: 15
There are additionally individuals that put resources into cryptocurrency since they need to pursue the pattern without disturbing how the framework and market functions. Traditional traders are investing in cryptocurrency as well but since they don't have the foggiest idea how the market functions, they wound up losing their capital and whimpering saying cryptocurrency is a get rich quick scheme.

I have seen such a large number of individuals whimpering in light of the fact that they are losing their cash
member
Activity: 854
Merit: 10
Even if the information is almost everywhere, some people still find it hard to sip information and make good use of them. Reading seems to be difficult to some. Perhaps because it saps their energy, which is quite different from my notion and believe about it.
What you know, no one can take it from you. So study the project you see and make sure you ask questions on what you do not understand.
sr. member
Activity: 1077
Merit: 250
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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 dont believe if there are many people who are likes you said, many people would have the knowledge first before do any investing
but we must understand that investing in crypto has very big chance to lose money because of its characteristic (volality, unregulated, high profit high return)
so, it makes sense if many people still lose their money even if they already have knowledge about it
sr. member
Activity: 1020
Merit: 253
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Most of the people who are investing are investing in things they dont understand fully, that goes also for traditional stock investments where people give money to managers who then distribute it over many stocks. The only thing new people would nee to know is to be aware of huge risks with  ICOs.
every investment must have the ability to manage the funds owned as an analysis in every part of the project. so when unable to do the analysis you should not do it first but start to learn how to do research and conduct experiments with small funds
full member
Activity: 910
Merit: 100
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??
The big question should be; why will someone even invest in crypto without understanding the risk involved? It's funny how people only think about the positive aspects of investing in crypto, without putting into consideration the negative outcomes. No one should invest in something they don't have good knowledge about, it's that simple. 
Especially when the market begins to grow, everyone is immediately inspired and expect that now they will earn. But it doesn’t happen that everyone right away only EARNS money. In any case, someone will earn, and someone will lose. All risks must be considered.
full member
Activity: 882
Merit: 112
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Most of the people who are investing are investing in things they dont understand fully, that goes also for traditional stock investments where people give money to managers who then distribute it over many stocks. The only thing new people would nee to know is to be aware of huge risks with  ICOs.
sr. member
Activity: 1036
Merit: 275
Quote
Why will you invest in something you know nothing about?


why will you even think of investing in something you have no knowledge about in the first place? Well, greed can only be the reason that will make someone invest in something without researching or reading anything about it. If you are an investor and you invest in anything without gaining some level of knowledge and understanding regarding the way the thing is, you just make yourself vulnerable to losing huge amount of investment capital. It is a bad practice to invest in something without knowing anything about it.
full member
Activity: 482
Merit: 117
One of the main problems of crypto investors is greed. Many people stop analyzing projects in pursuit of profit. Everyone wants to make money, but not everyone wants to spend time researching a project. We should all be careful when choosing a project for investment.
sr. member
Activity: 1330
Merit: 289
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??
The big question should be; why will someone even invest in crypto without understanding the risk involved? It's funny how people only think about the positive aspects of investing in crypto, without putting into consideration the negative outcomes. No one should invest in something they don't have good knowledge about, it's that simple.  
sr. member
Activity: 1428
Merit: 344
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 usually educate the people I introduce to crypto properly, starting with the risk involved in crypto investment owing to the volatile nature of cryptocurrencies. I've seen a lot of "cry babies" who probably invested in crypto having big dreams of "getting rich quick" with their investments, and probably got disappointed along the line. The blame should be put more on those who introduce people to crypto investment without properly educating them.
sr. member
Activity: 882
Merit: 258
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Then try to influence and teach them about cryptocurrency and blockchain technology for you to influence them and make an investments in crypto. As usual people will not invest on something that they don't know about or even don't have any idea on how they will earn money, they will just think it in a negative way if you did not teach them, right? So for them to invest they must know first on what they are investing by teaching them and influencing them.
sr. member
Activity: 1246
Merit: 285
One mistake that is often made by many people is: investing only because of the trend. We know that cryptocurrency has grown in popularity since the price of bitcoin peaked in 2017. Remember, there is no instant success, all need a process to get the best. Moreover, cryptocurrency is quite complicated for beginners, you should really study this ecosystem, you can't if you just follow trends and luck.

Indeed. It is hard to take risk in something that you don't have any idea because you could lose a lot of money to it, that is why if some of my friends starts to ask me about investing or buying cryptocurrencies, i try to explain to them the things that they should know about blockchain technology and cryptocurrency for them not to be ignorant and for them to avoid getting scam.
Yes, if we do not understand the risks, we cannot determine strategic steps to reduce the impact of these risks. All will end in vain and they may be blamed and consider cryptocurrency dangerous. So, let's pay more attention to what we do, and share information and educate those closest to us so we don't get caught up in fraud.
sr. member
Activity: 1400
Merit: 468
You are right, but it is very difficult to get rid of the greedy nature that often arises when given the promise of high profits, such as the ICO or altcoin hype at that time. Many newcomers are trapped and suffer losses due to carelessness and do not know about their investment.

Therefore a community is the right place to learn and share experiences or knowledge to make us better and wiser in investing.
You must train yourself to be psychologically calm in order to invest when investing because of the greedy nature is very disturbing when doing research. therefore you must study the project thoroughly in order to find out about the project that you are investing so that you can benefit from the results of your own research
legendary
Activity: 2982
Merit: 1149
Leading Crypto Sports Betting & Casino Platform
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 know about long time investors, but sometimes holding something a week for a swing trade can be very profitable with a right looking chart. It's actually easier to execute sell orders when you don't have any delusions about the company or feelings towards their fundamentals. And i understand that perfectly, i've made profitable sells with something i didn't even care to own.
legendary
Activity: 2730
Merit: 1288
Why will you invest in something you know nothing about?

Most people invest in their cars, but have no ideas how they  work under the hood. How is possible they pout fuel in and then press pedals and it drives them wherever they want.  Amazing!
sr. member
Activity: 630
Merit: 265
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??
Indeed. It is hard to take risk in something that you don't have any idea because you could lose a lot of money to it, that is why if some of my friends starts to ask me about investing or buying cryptocurrencies, i try to explain to them the things that they should know about blockchain technology and cryptocurrency for them not to be ignorant and for them to avoid getting scam.
sr. member
Activity: 1876
Merit: 318
I personally will not invest in something. I know nothing about it because it is very risky at all, it will make us hit by a scam
or experience losses. But if there really are people who want to invest in something they know nothing about it purely because
they are lazy to learn the project, FOMO, or greed so you can't think of logic. Usually these people end up being victims of scammers.
sr. member
Activity: 784
Merit: 251
This is the era of the internet, dude. as if the scammers will be more free again in finding the victim. It's funny if there are people who are too greedy and then whine because of investment without understanding the project system. greedy people like people who do not have a brain in my opinion, the average greedy person will not think in the future and only money in his mind. I think it's a matter of greed. Logical people definitely prefer to understand first.
sr. member
Activity: 1260
Merit: 251
You are right, but it is very difficult to get rid of the greedy nature that often arises when given the promise of high profits, such as the ICO or altcoin hype at that time. Many newcomers are trapped and suffer losses due to carelessness and do not know about their investment.

Therefore a community is the right place to learn and share experiences or knowledge to make us better and wiser in investing.
hero member
Activity: 2128
Merit: 520
The statement is clear enough to send the message. Why bother to force someone to invest with something that they know nothing of? It's just common sense and practicality. If you want to invite someone or teach someone with opportunities that you acquired, it's always a must to allow them to learn everything first before convincing them to put money for investment. It's your obligation to make sure that he knows what he's doing about his investment so won't rely to you from time to time.
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