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lharost

Be careful which platform you choose for investment

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Not only for investment but for trading also, I do not invest than hodl, I do that on wallets, and noncustodial to be precise and also hardware wallet. But for trading, I use exchanges like yobit. 

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It's necessary to choose a secured and highly professional platform when you intend trading, we have still got some fraudulent exchange platforms that might scam you of your funds if precautions are not taken crious 

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For the beginner's you should be very careful for the platforms your invest inn..after earning a lot money you them invest in wrong platforms which if is wrong platform they will scam you and go...

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we must be more choose wisely where we can invest and where it will double and triple our profits from them because more and more sites offering a heaven-like investment but the truth is theres not legal in investing money so better to research first for legalities of that site and seek for further investigation to know of they are scammers or legitimate sites.

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There are so many fake sites where they promise to give huge profits to attract people. Do not fall for it. You should be aware about fake sites and invest properly. Before investing you need to know about the site.

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There are many platforms to invest cryptocurrency. Most of the members are losing their money in investment because they don't choose right platform for investment. In my opinion yobit is a decent platform for investment. Its yobit investbox is remarkably good. You can invest safely and earn profits on your capital.

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Yes we should be careful about choosing the platform in which you are investing.  Everyday large amount of people are investing huge amount on the untrusted platforms which results huge losses.  Loss of money is bearable but unfortunately loss of time is not bearable one. You are not just only investing your money only but time also. So invest both things on trustworthy platform.

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Thank you for great informations. If you want to invest and you don't have a clue whic platform is best, you should check from coingecko and you'll see whic exchanger is the best and trustable. I totally agree with you if some platform offers you a big returns in a short amount of time that means they're scammers and they want your money. Every exchanger have a trust score you should check them and it'll be alright.

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That's totally agreeable. Some exchanges have insurance funds if their customers lose their funds due to hacking and some other exchanges have not this. So if you want to be on the safe side, you should do research about which exchange is the most secure and keep your investments in that. It would be even better if you find two or three secure exchanges and divide your investments among them so if something happends to one, you can go on with others while the issue in the compromised one is resolved.

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On 7/6/2020 at 11:51 AM, lharost said:

Since recently a huge number of investing platforms created I felt that it was needed to give a little warning to those that are new to crypto or investing area, first of all you have to remember that any platforms that promises to give you a big return in a short period of time is scam until proven otherwise.

 

Obviously 10% a day is not achievable so don't fall for those returns, in addition to that only invest in platforms that are trustworthy and have a certain good reputation, for example any investing opportunity provided by known exchanges like Binance, kucoin, Yobit or other known exchanges can be trusted so try to stick to them for investing instead of some random investing platform that you just found on twitter or something.

 

One other important thing is to always keep in mind that the coin that you choose to hold and invest on unless it's a stable coin can have a drop and decrease in price in that period of time that you are invested in it so either just invest in stable coins or do your own due diligence and pick the best investing opportunity not necessarily the highest return.

Yes, checking the platform on which we work and studying it in all its details leads to success in the trading process. We must rely on platforms known to be trusted among the traders.

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It is true what you say, in my first investments I made several mistakes and it led me to lose part of my money. It is very important to do a deep analysis of the platform or project where we want to invest. If you are newbies, do not get too complicated, look for investments like those of yobit with its invesbox that does not require knowledge. We must dedicate time to our education, which is the most important thing.

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This topic is very helpful especially to newbies who have no slightest idea what they should do when they start earning their money. Sometimes with the view of the fact that they're still ignorant, they can be easily persuaded by scammers. I'm so glad you made this post and raised an awareness. 

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The number of investment platforms online now are getting much, we need to be very careful how we invest our money. 2 months back I invested money in one platform and the platform folded and ran away with our money.

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You emphasized three things in your post and all three are very important in their place. Many people fall victim to scams and lose their and I agree with you that we must invest in stable coin.

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i'm lost some cash in one of those destinations venture, i'm contributed with limited quantity and when I made my pull out request I thought that it was forthcoming, than I realize that my cash is lost, thank's god since it's modest quantity, you are directly about the interest in believed locales like yobit, we should be pick the acceptable and trust site for speculation.

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Thank you so much for your valuable advice. As a beginner i hope it will help me to chose best wallet for store my cryptocurrency. Before invest my digital crypto , i must  follow your instruction. 

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This is a very good observation . 80% of the website advert are fake. Everyone is sending you a random links just to scam you . We should be very carefull in the kind of links we click on please.

If you need a genuine platform I recommend yobit

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Obviously, it is the best way to make profit and save yourself from loss. There are some general and basic rules for investment. 

First check the market value

Check the reviews about that site

Third trust on that site.

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Yes, my friend, do not fall into my mistake. I was depositing my money in investment platforms that are set up and closed with my money inside them, or they freeze my balance during the withdrawal of my profits from them. Therefore, I advise you to search carefully on the platform you want to invest in so that you do not fall victim to fraudulent platforms Thank you

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It is very good to use a reliable platform that contains unique tools for investors! But at the same time, there is no platform that contains everything! For example, I use Yobit and Binance together! I will explain why!

Binance: Use it to trade ... because the Binance platform contains many tools that make us able to trade safely!

Yobit: Through the investment plans contained in the platform, and by entering into a plan of study and analysis, we can make a very large profit in a very short time!

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Many beginners lose their money because they invest it with untrusted platforms. All thanks to Yobit, you can invest in the investbox. And yobit is trusted , they give good profits and you can cancel the investing process at anytime you want.

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You should keep in mind that there is no easy money.. even these investing plans with high percentage of profits.. they wouldn't let you earn huge profits in a short time for sure! especially these sites which make you invest in their new tokens and attract you to do that by giving you 10% daily! but you getting surprised after a while when you see that the price of their token is dropping and you lose more than you earned.. many beginners lost all their money because of their ignorance about this issue so we should really be aware.

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Well said @Gomez12 there are many scammers and they trap a lot of people with fake offers so that they can steal their money easily. So it's good to be extra-careful with such offers, make a research on any investment opportunity before you believe it 100% and put your money.

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Time is the ultimate weapon!

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Seriously thisbis an interesting topic to discuss about because there are lot of platform out there that are just created to scam people so we must be care before investing

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There are numerous numbers of platform and sites yet a large portion of them are problematic and ought not be true away at so we don't lose our cash in them and rather we should consistently look for the best platform and locales and follow the platform that are famous and in a decent idea or plan internationally and tried by individuals we believe then we can utilize it without any problem.

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