Topic: Why will you invest in something you know nothing about? - page 4. (Read 2619 times)
Last year, I experienced the investment of cryptocurrencies, which made me deeply realize that blind investment cannot be made, otherwise it will cause a very serious loss.
I also suggest that we should teach as we can our friend about growing blockchain technology and also inform about incredible growth in altcoins trading and also holding of altcoins can be big profitable, and I never force to friends for investing in altcoins until they don't know about altcoins.
My friend once forced me to immediately teach him about crypto and he immediately invested it without thinking about the biggest risk in crypto, until now I don't see him reinvesting maybe for fear of a long bear market such as in 2018.I guess he will regret his decision in 2050
I also suggest that we should teach as we can our friend about growing blockchain technology and also inform about incredible growth in altcoins trading and also holding of altcoins can be big profitable, and I never force to friends for investing in altcoins until they don't know about altcoins.
My friend once forced me to immediately teach him about crypto and he immediately invested it without thinking about the biggest risk in crypto, until now I don't see him reinvesting maybe for fear of a long bear market such as in 2018.Maybe now he realized his mistakes of entering in crypto without proper knowledge because he think its easy to earn here and you just need to wait but sadly thats not the case.
I also suggest that we should teach as we can our friend about growing blockchain technology and also inform about incredible growth in altcoins trading and also holding of altcoins can be big profitable, and I never force to friends for investing in altcoins until they don't know about altcoins.
My friend once forced me to immediately teach him about crypto and he immediately invested it without thinking about the biggest risk in crypto, until now I don't see him reinvesting maybe for fear of a long bear market such as in 2018. 
I also suggest that we should teach as we can our friend about growing blockchain technology and also inform about incredible growth in altcoins trading and also holding of altcoins can be big profitable, and I never force to friends for investing in altcoins until they don't know about altcoins.
At the time when I was introducing bitcoin to my friend for investing in it I explained everything to her and gave a number of articles to her which explained the past and the coming future of bitcoin and blockchain. After all about bitcoin she started to invest in bitcoin and started some online jobs to earn bitcoin online that was a good method which OP suggest to us but after that all my friend knew about altcoin trading and for increasing her bitcoins she started to invest in altcoin and the biggest mistake of her at that place was that she started to invest without searching and reading about the project in the coin of which she invested her money and with that she lost some amount of her money. That is also a mistake which majority of people are doing when someone want to enter in cryptocurrencies they only study and learn about bitcoin and start to invest even in other coins about which they do not know which give a high lose to the investor.
Probably people will not invest into something they don't really know because it is the first step to getting scammed in the first place. Investing into a project we don't know is like diving too hard into a dirty swimming pool where, we really don't know how deep it is. We might get hit directly to the tiles, or to successfully dive to a deep water but the water being dirty might just lead us to have bacteria related diseases. I think of this analogy to imply that we shouldn't invest in any projects we didn't know, because any way for use, it might lead our funds to a wrong hands.
I really don't know where the idea for this topic came from? Why would anyone invest in something unknown? What is a point
in that? I would never think about investing without some kind of research!
Polarr91 I like your analogy, why would someone jump into something, why would anyone risk so much, and conclusions is for
what you are risking? Big profit, passive income, scam, if you don't know in what you invest you can't know what you expect
from that.
I also suggest that we should teach as we can our friend about growing blockchain technology and also inform about incredible growth in altcoins trading and also holding of altcoins can be big profitable, and I never force to friends for investing in altcoins until they don't know about altcoins.
Probably people will not invest into something they don't really know because it is the first step to getting scammed in the first place. Investing into a project we don't know is like diving too hard into a dirty swimming pool where, we really don't know how deep it is. We might get hit directly to the tiles, or to successfully dive to a deep water but the water being dirty might just lead us to have bacteria related diseases. I think of this analogy to imply that we shouldn't invest in any projects we didn't know, because any way for use, it might lead our funds to a wrong hands.
Most people will invest in anything when they hear something that can make money, they wouldnt bother how the system works. Greediness is the reason why people invest even if they don't know what is it about.
Certainly, a lot of us here did that as newcomers in this industry, buying into coins and tokens we didn't even know what they were all about. However, the truth remains that even knowing what one is investing on doesn't also guarantee success of profitability. Business generally is a risk, a huge risk if I must be blunt.
Most people will invest in anything when they hear something that can make money, they wouldnt bother how the system works. Greediness is the reason why people invest even if they don't know what is it about.
Certainly, a lot of us here did that as newcomers in this industry, buying into coins and tokens we didn't even know what they were all about. However, the truth remains that even knowing what one is investing on doesn't also guarantee success of profitability. Business generally is a risk, a huge risk if I must be blunt. I am not going to invest if I know nothing about that thing. I always read things about it first so that I know if it is worth investing for or not. Also, having some knowledge about it makes the risk of losing money is gonna be low. We better have some knowledge about it first so that we know the possible income into it.
knowing the investments carried out are indeed important, especially when we want to invest with large funds, and when investing with small funds we might be able to use them as learning as initial knowledge when investing. because if not, then there will be mistakes with the investments we make. 
I am not going to invest if I know nothing about that thing. I always read things about it first so that I know if it is worth investing for or not. Also, having some knowledge about it makes the risk of losing money is gonna be low. We better have some knowledge about it first so that we know the possible income into it.
That's called gambling, you should always make a research before investing in any project. How to make it is a decisions of yours, i'm pretty sure no one gives away his money just like this...
Investing means that you are aware and you know what is going on within the project, if you do not know what you are doing then it is gambling and it has more risks. We should know the information of the investment that we are doing. We can easily identify if that investment is worth taking or it is part of the garbage investment vehicle. We cannot have a high success rate if know what we are doing. I agree that people should never invest on something on what they don't know nothing about how work, and they should learn more even after tell them how work they should make some research and not stay all day on Facebook and waiting money to come.
Learning the process lessen the risk this industry is not an easy to rich path but if you are willing to understand then the chance is big.Never ever to invest without any knowledge you are putting everything into nothing. The outcome results only turned to losing your
money, protect your assets and learn everything first.
That's the major problem why there are people who keep ranting and posting their concerns about their investment. They experienced loss and it is their fault because they do not know what they are doing. In every type of investment that we will do, we should equip knowledge that we can use to grow our capital and to protect it from the risks that we are currently taking.
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??
actually it's not called investing, it's called gambling. Because every project is risky, but when you invest without knowing it is like you are throwing your money to others. Therefore, reading skill is very necessary and I encourage everyone to spend 1-2 hours a day to research about each project's whitepaper. or if you are not experienced, you can look to some of the groups that discuss investment and ask for help from the admin. You will get their judgment quickly. 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 people should never invest on something on what they don't know nothing about how work, and they should learn more even after tell them how work they should make some research and not stay all day on Facebook and waiting money to come.
Many do Facebook than to find real job, or use their social media accounts to create a job or business. Good are those who uses fb to ptomote their business, who do business in Facebook by selling their products. But those who just use Facebook to spy or stalk someone and not uses it for their benefits to earn then they just wasting their time. Facebook can be a way to earn now just by bounties but also business promotion for free or by availing their ads service.
actually it all depends on the trust of each investor, we also can not forbid someone to not invest in coins whose clarity is unknown. but I believe that not all investors will do that and smart investors will not invest their money in bad projects.
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??
When im just getting started in cryptocurrency, investing and trading it was just like trial and error at the start. I think it was kinda difficult to teach someone if they are not interested I think to guide them is already enough and the rest is up to them to apply what they learn. If they wanted internet is open for information also we have this forum open for cryptocurrency questions and tips.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 some people investing their money into something that they didn't know, all they'll get is some loss. try to learn anything that new to you, so you can know how to avoid the risk before you investing your money. try to invest your money very carefully and try to get some lesson from some experts. their experience is really important for all beginners in crypto world.
I think we could easily like from the forums about investment or trading it was just like learning from the other's mistakes and also this could save a lot of beginner from losing money so I think it is worth it researching before risking your money. 
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??
For beginners who have a close friend who is very familiar with cryptocurrency, I think giving him something to learn so he can better understand and understand about cryptocurrency is an appropriate way to teach him about how to invest and also trade. But for people who have just joined cryptocurrency and do not have a close person who knows cryptocurrency it might be difficult for them and maybe they can only get some knowledge from this forum for them to find out what often happens and what they can do.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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