Post
Topic
Board Altcoin Discussion
Re: Why will you invest in something you know nothing about?
by
Ashong Salonga
on 20/01/2020, 20:18:41 UTC
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. It was too risky at any point of view getting into something even not investment on engaging into a thing you do not know anything about. Talking about investment, if you do not know anything about a certain project or cryptocurrency and you just keep on investing because your intuition, maybe you might be lucky to get a profit because of that move but a big probability to fail since you do not know anything about the platform you wish to enter. Investment is not a thing that people who do not understand or do not know anything about it must do. Doing investment also needs precautionary measures and thorough research as well as beinf able to understand how a certain cryptocurrency you wish to invest works. If you fail to understand and you do not have any knowledge about, then you are just risking your money for investment because more or less, the possibility of losing your money or getting into a scam is more likely to be 90% and the chance of a lucky guess on having a success investment will be just 10%. If that will continue, instead of gaining profit, you will be left behind paying debts or the worst case is that nothing will be left for you. So if you do really want to get into investment, better be knowledgeable enough to know more about it.