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The Scam In The Crypto World - Investment - Nairaland

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SEC Creates A Special Division To Study The Crypto Market / The Scam Called Daily Income Store/aim Global/alliance In Motion / Crypto World For Newbies, Start With Or Without Investment (2) (3) (4)

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The Scam In The Crypto World by Bigshoe2028: 12:53pm On Jun 22, 2021
I will make this short and understandable

A lot scam is going on crypto currency space
It is called pump and dump

Early investors pump and once they made enough they will dump the coin and run with their profit we are not calling about thousands they chop millions to billions

This scam is world wide since crypto is digital


How to avoid before u buy any coin
Read its white paper find out the real world usage

Find other similar project is it fail to solve the issue of similar existing coin avoid probably a scam

Avoid all shit coins
Safe mooon,safe mars ,elogan feg etc
Don't buy even for free


If u want to buy go for coin which is default in a blockchain example instead to buy wink , go for tron

Make I stop here I will update this thread later

181 Likes 19 Shares

Re: The Scam In The Crypto World by Coldshisha: 1:07pm On Jun 22, 2021
That's the elites for you, they manipulate stocks, commodity like gold and crude oil, now they have their eyes on Cryptocurrency

261 Likes 18 Shares

Re: The Scam In The Crypto World by Vanilla4(f): 2:36pm On Jun 22, 2021
They will put good figure on it, when the price increase and looks somewhat stable, they withdraw the profits they wanted. Latecomers may suffer it

157 Likes 4 Shares

Re: The Scam In The Crypto World by jesmond3945: 10:12pm On Jun 22, 2021
Bigshoe2028:
I will make this short and understandable

A lot scam is going on crypto currency space
It is called pump and dump

Early investors pump and once they made enough they will dump the coin and run with their profit we are not calling about thousands they chop millions to billions

This scam is world wide since crypto is digital


How to avoid before u buy any coin
Read its white paper find out the real world usage

Find other similar project is it fail to solve the issue of similar existing coin avoid probably a scam

Avoid all shit coins
Safe mooon,safe mars ,elogan feg etc
Don't buy even for free


If u want to buy go for coin which is default in a blockchain example instead to buy wink , go for tron

Make I stop here I will update this thread later
please where you can get the white paper of a coin?

5 Likes 2 Shares

Re: The Scam In The Crypto World by drizslim(m): 10:23pm On Jun 22, 2021
It is a scam actually I don't want to remember how my 50k turned to 19k & I kept wondering cry

297 Likes 13 Shares

Re: The Scam In The Crypto World by GboyegaD(m): 10:23pm On Jun 22, 2021
My position remains, I will never trade anything without fundamentals.

413 Likes 22 Shares

Re: The Scam In The Crypto World by Nuelito: 10:23pm On Jun 22, 2021
Make I get a glass of water and learn new things here

Just incase you need Original Pure Honey... kindly contact O81 O1 66 67 71 let's talk about it now..the honey is raw and Unadulterated..

7 Likes

Re: The Scam In The Crypto World by money121(m): 10:23pm On Jun 22, 2021
If you can't hodl and take ur profit don't do crypto

118 Likes 10 Shares

Re: The Scam In The Crypto World by DoctorDree(m): 10:23pm On Jun 22, 2021
Hmmm
Re: The Scam In The Crypto World by careytommy37(m): 10:23pm On Jun 22, 2021
Ojuju things

15 Likes 2 Shares

Re: The Scam In The Crypto World by Nobody: 10:24pm On Jun 22, 2021
everything don dey turn scam.. I just tire for everything

48 Likes

Re: The Scam In The Crypto World by Nobody: 10:24pm On Jun 22, 2021
Insightful,,, though Crypto is not for me. I have so much trust in the works of my hands.

157 Likes 12 Shares

Re: The Scam In The Crypto World by Sabadon(m): 10:24pm On Jun 22, 2021
Cryptocurrency is too volatile for my liking

267 Likes 16 Shares

Re: The Scam In The Crypto World by Toks2008(m): 10:24pm On Jun 22, 2021
lol well the truth is those shit coins could be major coins in years to come.

Just know what you are doing and if you must invest wisely, go for the known coins like Bitcoin, Etherium, lite coin ,dash and so on. And if you can get free coins why not.

You can watch this update about Bitcoin and cryptocurrencies to understand the fluctuating nature.

Cryptocurrency investment is not a scam at all... You just have to be very patient with the fluctuating values with focus on long term profits..

Juxstaposing scam to cryptocurrency investment cos of a drop in value simply means you don't even know what you are doing.

Go educate yourself.



https://www.youtube.com/watch?v=heJjvPwwLCE

63 Likes 3 Shares

Re: The Scam In The Crypto World by mbahdi(m): 10:24pm On Jun 22, 2021
D
Re: The Scam In The Crypto World by shegzhkn: 10:24pm On Jun 22, 2021
Seun i can see you.

Who push this horseshit to the front page ??

11 Likes 1 Share

Re: The Scam In The Crypto World by Dannieln1: 10:25pm On Jun 22, 2021
Shit coins everywhere

2 Likes

Re: The Scam In The Crypto World by Buzx: 10:25pm On Jun 22, 2021
My simple advice is, do your own research before investing in a coin. Avoid shit and dogcoins. They're are a lot of interesting projects out there you could invest in. If you invest in shit, pump and dump coins, you'll get rekt. It's been a wonderful crypto and DeFi journey for me.

28 Likes

Re: The Scam In The Crypto World by Commotfornigeri: 10:25pm On Jun 22, 2021
True...

Even if you read the whitepaper and it looks glorious, it can still be scam. Some even run after the ICO.

12 Likes

Re: The Scam In The Crypto World by Ahmed4002(m): 10:25pm On Jun 22, 2021
Do yourself a favour and watch a short Netflix series called "MONEY EXPLAINED" it's covers everything you need to know about investment and scam by institutions.

Trust me after watching it. Any investment, if you are not in control of it. You would never ever invest for your life.


https://www.youtube.com/watch?v=lJHu-KCY9Fc&t=18s

182 Likes 21 Shares

Re: The Scam In The Crypto World by Nobody: 10:25pm On Jun 22, 2021
.

3 Likes

Re: The Scam In The Crypto World by kennethfranc(m): 10:25pm On Jun 22, 2021
Despite the ban,I still buy, sell and make some profit from luno ...any other thing nah una sabi

13 Likes 2 Shares

Re: The Scam In The Crypto World by SportsHD: 10:26pm On Jun 22, 2021
True. Mention Mr zuga of zuga coin.

drizslim:
It is a scam actually I don't want to remember how my 50k turned to 19k & I kept wondering cry
You don't know how to trade. I bet you entered crypto to make quick money.

33 Likes 2 Shares

Re: The Scam In The Crypto World by lordparcel: 10:26pm On Jun 22, 2021
angry
Re: The Scam In The Crypto World by oluseyiforjesus(m): 10:26pm On Jun 22, 2021
Ok

1 Like

Re: The Scam In The Crypto World by Authoreety: 10:26pm On Jun 22, 2021
Dem no dey stand one place dey watch masquerade...

For starters... Start with what u can conviniently lose... Make sure to thread carefully

27 Likes

Re: The Scam In The Crypto World by Alagbasunday: 10:27pm On Jun 22, 2021
Greed and covetousness is the problem here.

14 Likes 5 Shares

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