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Binu

Online Investment

7 posts in this topic

There are many investment programs online where you can receive good returns. Some of the online investment programs are forex trading, BTC trading, peer to  peer lending etc. However, online investment is also risky because the program where you have invested could be shut down and you may lose your money. Do you invest on online investment programs to make money?

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Nope, I work online to earn money, not spend it or risk losing it. There seem to be more investment "opportunities" every day, but a lot of them (too many of them) look like scams to me. While I'm sure some are legit, they are still not without risk.

I can't afford to lose my money, when it takes me so long to earn it. It's just not worth it to me, though a lot of people are into it.

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On ‎8‎/‎23‎/‎2016 at 1:40 AM, thisnthat said:

Nope, I work online to earn money, not spend it or risk losing it. There seem to be more investment "opportunities" every day, but a lot of them (too many of them) look like scams to me. While I'm sure some are legit, they are still not without risk.

I can't afford to lose my money, when it takes me so long to earn it. It's just not worth it to me, though a lot of people are into it.

It is true to that we all work online to make money and not to lose money. However, it is also true that you may lose money even if you don't invest online. I lost $50 on blogjob, a writing site. I was just about to withdraw money I had made from writing, the site shut its reward program. You see I lost money online without actually investing.

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The time we spend trying to earn online is already an investment so we are all investing here and hoping that we'll get paid by sites here and there. 

When it comes to investing money, it's always wise to invest with a company with proven track record. Not that it will ensure good returns on your money, but that will at least minimize or eliminate the possibility of being scammed. I trust websites like Forbes when looking for options on stock investing. In this internet age, anyone can hire writers to publish positive reviews so I don't easily fall for glowing reviews from new sites.

We also have to reflect on the type of investment that we want for our money. Investment models that promise great earnings in a short time are usually high risk ones. I wouldn't want to part with real money that I'll regret investing if I lose in the venture, but I'm open to investing a little just to see how it goes.  Some online investment seem like gambling and I would normally avoid those types because I'm a baby investor and I'm just learning the ropes.

Several banks are offering online stock investments and I'd really prefer this type of investment if I have extra money to invest. I prefer to hold on to my stocks longer, receive dividends that will pay off the cost of the investment, and sell the stocks much later.

Warren Buffet was a conservative investor who knows how to choose what stock to invest in and one can learn a thing or two about his investment style.

 

 

 

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As you already said it they are risky. So I don't think I will take any of those risks. We are all working for earning purpose. And in this section there is chance of losing money and that also our money not earned money. So it is not fitting thing for me. But yes if site is quite famous and working since many years then I can consider it.

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14 hours ago, Binu said:

It is true to that we all work online to make money and not to lose money. However, it is also true that you may lose money even if you don't invest online. I lost $50 on blogjob, a writing site. I was just about to withdraw money I had made from writing, the site shut its reward program. You see I lost money online without actually investing.

Yes, you have a point,, but still. I'm not willing to take money out of my pocket (or Paypal account) to risk it as well.

6 hours ago, elise said:

The time we spend trying to earn online is already an investment so we are all investing here and hoping that we'll get paid by sites here and there.

This is also true, and time is something that we can never get back. I'm still not willing to put up money that I've already earned to invest it in opportunity sites. I would consider other types of investments though. Good post.

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I invested my money previously with TheDAO--It's the first Decentralized Autonomous Organization which is fueled by Ethereum (Crypto-currency similar to Bitcoin) to start the business. It's risky but it's also fun because you learn new stuff by just investing and following their web posts. Unfortunately, it flunked because someone found an exploit and injected a script which then lead to the drainage of all the invested funds--good thing though they've found a solution and they were able to return most of the invested money. If you are going to ask me if I'm still going to invest online, then my answer is still Yes. The risk is there but sometimes you have to do your research and believe.

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