Topic: Why will you invest in something you know nothing about? - page 6. (Read 2608 times)
Individual investors with the meager amount they were propagated incompletely about the Bitcoin and cryptocurrency markets. Some individuals had huge profits in 2017 and from ICOs, IEOs were highly profitable. When they realize that, all new and old people are attracted and pour money into. By the time the market trend ended, they had failed with their losses.
I see no reason why we should bring in new people to cryptocurrency and not take out time to judiciously enlighten them on the workings of cryptocurrency. It is very unfair to tell them when you only inform thwm about all the ROIs that can be gotten, but you say nothing about the downsides of the same project and this omission of the truth will make that newbie very disappointed when his/her trades goes south ways
You have a point. A lot of newbie are not properly lettered on cryptocurrency tenets. Partly caused by their friends who introduced them to crypto and also on some of them who are after quick cash and forget that the first foundation to riches is knowledge and having it in abundance
I see no reason why we should bring in new people to cryptocurrency and not take out time to judiciously enlighten them on the workings of cryptocurrency. It is very unfair to tell them when you only inform thwm about all the ROIs that can be gotten, but you say nothing about the downsides of the same project and this omission of the truth will make that newbie very disappointed when his/her trades goes south ways
I've met a number of people who don't really know much about crypto but because of the misseducation they received, they see it as a money doubler and they just want to invest without being aware of the true nature of crypto.
Definitely, I will not invest on something like that. I don't get the idea why people do that. They are not investing with the extent of their own knowledge. I mean, they should have been investing using their own not asking from anybody or just pinpointing where to invest. That's what beginners in cryptocurrency follows but that's wrong.
Some people see influencers they follow on social media as "demi god" hence they buy all coins suggested or hyped by the influencer. Others follow channels on telegram claiming to be TA experts hence they invest blindly without personal due diligence. Well, nowadays investors are much wiser.
I would say it can be so disastrous to keep investing into what one knows nothing about. Ignorance can be so deadly. Whoever desires to be in the cycle of the profit makers in the world of crypto must crave for deep knowledge because whatever one does not know anything about one can not make any impart with it. It is very expedient to go for knowledge on whatever aspect of crypto seems to be confusing or uncertain. If it is going to cost one some money to acquire the knowledge, I would say it worth it because whatever that has no cost has know value. Knowledge is very essential to be in the flow with crypto and to make something tangible from it.
I do not think anyone can actually invest in what they know not though some people fall through mere speculation from groups or friends but that is a big risk and result into either failure or profit.
Gone are the days when people stupidly invest in cryptocurrency project without knowing details about it just because they don't want to miss out. I don't think anyone will act stupidly like this again with all the losses many of us incurred in scam projects
This is so true, crypto enthusiasts are wiser now. In the past some so-called influencers will chill ICOs or shill their crypto bags and many people will FOMO to buy into the coins. This is not the case presently, I remember when MCAFEE use to make buy calls and people will rush to buy, after the pump there will be a massive dump yet people still fall prey. Nowadays people believe in projects with good development progress and not hype. Gone are the days when people stupidly invest in cryptocurrency project without knowing details about it just because they don't want to miss out. I don't think anyone will act stupidly like this again with all the losses many of us incurred in scam projects
This is so true, crypto enthusiasts are wiser now. In the past some so-called influencers will chill ICOs or shill their crypto bags and many people will FOMO to buy into the coins. This is not the case presently, I remember when MCAFEE use to make buy calls and people will rush to buy, after the pump there will be a massive dump yet people still fall prey. Nowadays people believe in projects with good development progress and not hype. 
Gone are the days when people stupidly invest in cryptocurrency project without knowing details about it just because they don't want to miss out. I don't think anyone will act stupidly like this again with all the losses many of us incurred in scam projects
This is so true, crypto enthusiasts are wiser now. In the past some so-called influencers will chill ICOs or shill their crypto bags and many people will FOMO to buy into the coins. This is not the case presently, I remember when MCAFEE use to make buy calls and people will rush to buy, after the pump there will be a massive dump yet people still fall prey. Nowadays people believe in projects with good development progress and not hype.
Gone are the days when people stupidly invest in cryptocurrency project without knowing details about it just because they don't want to miss out. I don't think anyone will act stupidly like this again with all the losses many of us incurred in scam projects
GUTS tickets? To be honest, I haven't heard of the guys so far. What exactly is the team coming with in here? Or well, probably I need to check out more on the website you've shared. Cause pretty strange, but was never interested in innovations on this particular market
You definitely have to check their website, but I can shortly explain their idea here as well. In few words, GUTS uses blockchain technology to create a transparent ticketing ecosystem, where disgraceful secondary market prices and ticket fraud are non-existent. As you know, popular events sell out fast. This is often unnecessary, since ticket touts make fast money by reselling secondary tickets. That's bad for venues, theatres, artists and of course for your fans. And here GUTS sharply helps with offering win-win solution
Evening there mate. As for today, I would say that I am pretty impressed with following events&shows&theatres&concerts etc tickets adoption growth. I am following solutions for several months already, as for the most interesting ones, I would probably mention GUTS.tickets . Have you guys already heard of what the team is offering here? Cause solution is very innovative, to be honest
GUTS tickets? To be honest, I haven't heard of the guys so far. What exactly is the team coming with in here? Or well, probably I need to check out more on the website you've shared. Cause pretty strange, but was never interested in innovations on this particular market
It is very important to do own research before investing, this is the only strategy that works. And from my point of view, it is also a must to follow the industries you are experienced in. What markets are you now following from the growing ones? Probably even any solutions you can recommend?
Evening there mate. As for today, I would say that I am pretty impressed with following events&shows&theatres&concerts etc tickets adoption growth. I am following solutions for several months already, as for the most interesting ones, I would probably mention GUTS.tickets . Have you guys already heard of what the team is offering here? Cause solution is very innovative, to be honest
It is very important to do own research before investing, this is the only strategy that works. And from my point of view, it is also a must to follow the industries you are experienced in. What markets are you now following from the growing ones? Probably even any solutions you can recommend?
Definitely, I will not invest on something like that. I don't get the idea why people do that. They are not investing with the extent of their own knowledge. I mean, they should have been investing using their own not asking from anybody or just pinpointing where to invest. That's what beginners in cryptocurrency follows but that's wrong.
Investing in something that we don't know about at all is a mistake. Indeed, sometimes we have to do things our own way, but if we don't know how to do to be able to at least survive and possibly be able to make a profit in cryptocurrency we need to know and understand how to do it by asking our friends to teach us how to or perhaps by asking for advice from others.
without knowing the potential of a project and we invest, I think this is a gamble, where there are only 2 choices, namely winning or losing. I think this is very unfortunate for investors, because it is not wise to invest, we should gather as much information as possible before investing on a projectPlease 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??
Not only in this field, I have witnessed many people without the knowledge to invest in other areas such as securities, real estate. Perhaps the reason lies in the desire to make money quickly despite the high risks. 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??
Investing in something that we don't know about at all is a mistake. Indeed, sometimes we have to do things our own way, but if we don't know how to do to be able to at least survive and possibly be able to make a profit in cryptocurrency we need to know and understand how to do it by asking our friends to teach us how to or perhaps by asking for advice from others.
without knowing the potential of a project and we invest, I think this is a gamble, where there are only 2 choices, namely winning or losing. I think this is very unfortunate for investors, because it is not wise to invest, we should gather as much information as possible before investing on a projectDuring the 'hype' or bull market there are lots of persons who were wishing they can also earn like those who earned a lot, because they wanted to take risk too, so they took the risk of their money without really knowledge at all, especially if there is a new project and the CEO/dev would tell them that they are the next Bitcoin, then they will grab this opportunity thinking their life will change too.
Investing in something that we don't know about at all is a mistake. Indeed, sometimes we have to do things our own way, but if we don't know how to do to be able to at least survive and possibly be able to make a profit in cryptocurrency we need to know and understand how to do it by asking our friends to teach us how to or perhaps by asking for advice from others.
without knowing the potential of a project and we invest, I think this is a gamble, where there are only 2 choices, namely winning or losing. I think this is very unfortunate for investors, because it is not wise to invest, we should gather as much information as possible before investing on a projectJump to: