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Ethical Opportunity in Transparency

Some Crypto Scams To AVOID

6/24/2018

2 Comments

 

As you will know if you follow me on facebook or youtube, I always try to let people know some of the latests scams that do the rounds online, many of these revolve around crypto currencies... the reason for that is crypto currency is still in it's infancy and growing in popularity so many people are just starting to get involved and look at crypto currency but this means they do not always know what is real and what is not.

It is fair to say that there are no guarantees in the crypto currency trade market and there is a huge amount of fluctuation in prices, it is a volatile market. While that means substantial gains can be made quickly for those who know how to read the market and do the technical analysis... it also means NOBODY can GUARANTEE a certain % of gains every day/week/month... so ANY website you see that guarantees 'X' amount or 1% daily or 4% or whatever it is , is likely to be a ponzi scheme and illegal and sooner or later will either vanish with peoples money or get shut down by the FTC or SEC.

Avoid such scams and others mentioned in my video above. Also any website or person promising to double your bitcoin or similar is also promoting a scam, and also those who offer free bitcoin (unless its a tiny fraction of bitcoin), but i have seen crazy posts like turn 1 BTC into 20 BTC or get 1 BTC free.... steer clear of such BS.... Bitcoin is trading for THOUSANDS of dollars, so there is no way to get FREE bitcoin of significant value... and no way to turn 1 BTC into 5 BTC or 20 BTC by doing nothing. Just think of it as MONEY.... if someone told you they were going to give you $20,000 for free you would assume some sort of scam right? But because they disguise it in some bitcoin multiplier which is simply a ponzi people are more likely to fall for it... so be aware guys and girls, don't fall for such scams... do your due diligence before joining ANY opportunity onliine and feel free to ask my advise via facebook messenger or the contact for here.

2 Comments
ahmed waleed link
8/17/2021 11:17:27 am

Till this moment I still don't get the crypto system and I am still scared to be part of this investment despite the large income some people are talking about !

Reply
James Adam
8/19/2021 12:28:53 am

THANKS for the tip bro i appreciate the time and effort.

Reply

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