What you should know about online investment.

TOZZIBLINKZ

VIP Contributor
Online investment is first of all very profitable and very rewarding compared to offline investments. Throughout the years online investment has been one of the ways majority of people have been able to sustain themselves especially people residing in countries where standard and cost of living is absolutely very poor as a result of economic problems battling the economy. A good example of countries where majority of people who engage in online investments include Nigeria, Ghana and other countries of west Africa. Despite the fact it is totally rewarding and profitable to invest online hence, it is absolutely very necessary that we be very careful, very alert, and also very cautious when we intend to exhibit our decision of online investment to make ends meet. The reason why we need to display a sense of carefulness and alertness when trying to invest money online, is because in the midst of all this legit and high rewarding investment websites and platforms there are other websites and platforms considered to be fraudulent and scamming in nature.

We might choose to become an affiliate marketer or a freelancer on any website or platform of our choice, but we do not want to be in a situation where we will have to spend all our time and resources on a fraudulent and scamming platform or website. Moreover, before investing online we need to make a research or feasibility study about the website we intend to make money on, so as to be sure it is legit and totally far away from any fraudulent and scamming activity. On a second alternative, you can also try using a scam site detector tool or mechanism to help you detect a particular investment platform or website in order to best determine whether it is legit or scamming. For recommendations I recommend the use of the SUREPLUG scam site detector tool.
 

Suba

Moderator
Staff member
Around 2015 it was very rampant, especially online investments based on ponzi schemes, they were fraudsters launching their actions by investing in Bitcoin, of course very many victims. Currently, there are also many online investment applications, but we must also remain vigilant and also prioritize the legality and credibility of the platform so that we are not trapped by fraudulent investments. There are many long-running and trusted investment platforms such as etoro, Betterment, Invstr, Robinhood etc. But personally I prefer local online investment platforms, because we can easily detect the legitimacy and legality of the government.
 

Chibson

VIP Contributor
Whenever you want to make any kind of investment online you really need to be careful because there are a lot of scammers on the internet. there are several Ponzi schemes that has succeeded in scamming people of their hard-earned money and at the end of the day those people no longer get interest in anything that pertains to online business.

If you want to make any kind of investment on the internet it should be on things that are very important like acquiring of knowledge and investing in things like cryptocurrency or forex trading.

Before then you need to have proper knowledge of hard work in order not to lose your money. it is not advisable for you to invest in platforms that promises to give your certain percentage everyday because so many of them are scam.

It is even much better to invest offline than online because offline investment is safer.
 

Ganibade

Verified member
One thing I can say is that online investment is not different from any other form of investment. the only thing is that you just have to have a strategy put in place to minimise the Lost associating with the any kind of investment you want to do online.

the first thing is that you just have to have in-depth knowledge about the kind of investment you want to do. you need to investigate before you invest your money in any kind of investment someone is promoting to you or you discover by yourself.

the major problem is that people are looking for quick money with whatever investment they want to put their money in. but still don't work that way you just have to have knowledge about how you make more money with whatever you want to invest in before you can actually putting your money to make money from the investment.

after education control is the next thing you need to always focus in any investment you want to put your money into. you must be able to have control over the investment this will give you opportunity to dictate how you are going to make profit with the kind of investment you want to make.
 
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