Yes and it would also be best to only Invest what you know you aew okay with loosing. I have seen so many cases where people make all the research possible but it still turned out to be a scam. These days it's becoming very hard to know the difference.
How can I avoid being scammed when investing online?
- Thread starter Johnson2468
- Start date
Before investing, deep research is required. If you are investing in cryptocurrency then chose right exchange. In my view only few exchanges are legit, rest are scam they will easily take your money but when you'll try to withdraw they will ask to verify phone number. They will say that they sent a code and you will never receive this precious code.
the first thing which you need to know is that forum is very helpful this days of you are into online investment you need to conduct research on forum and hear what people say about it you can also use search engine to do your finding you will definitely know how they operate before you invest
People should avoid investing money in Hyip sites. Hyip sites are a really big scam and there is absolutely no way you will be able to make any money with them. Hyips are a big scam and it is also quite unethical as well due to the fact that they are pyramid schemes that benefit no one. So, stay away from Hyips at all cost.
Hip is one of the investment which someone should avoid it's far more risky because majority of those hip don't last up-to 24hours another platform is forex ensure you carryout research regards broker you want to chose because majority of them are scam
The best way to avoid being scammed when investing online is to make sure that you verify the real details of the person promoting the investment and be sure they have a reputation to protect.
To avoid being scammed when investing online, one should research thoroughly and verify the investment opportunity, company and management team. One should also ensure the company is registered and licensed with important regulatory bodies.
