Sort:  

of course its necessary to know what one is investing in, so that one can monitor it and be up to date in the aspect and of course I do agree with your point.

I also agree to the fact that one has to be knowledgeable about what one is investing in. Not having the knowledge and Just diving in will cause a lot of loss to the investor. This is why it’s always important not to FOMO on any project.

Ataberk was right there. Having the knowledge of what ever you wanna venture into will give you the leverage to forecast your profits and loss and own to your mistakes when things go south. Not knowing leave people in the dark!

This comment is right, many times we fall into the scams that occur a lot on the web 2, they claim to be people who will put you to value your investment, they ask you for large amounts of money and in the end you lose everything.

Yes we need to identify the projects we are going to invest our precious money. If we fall for instant profit or big profit with less amount then we might get scam. As everything is anonymous in crypto market, we have to be aware about it.