Author Topic: Do not easily believe Cryptos (Read 10068 times)

Fenix · « **Reply #60 on:** August 25, 2020, 06:23:56 AM »

Quote from: Debasco on August 20, 2020, 09:51:14 PM

to some extent you are right, one issue about crypto is volatility, the price do change at any point in time, apart from that its as good as money, or as investment. somehow somehow do see reason to trust it to some extent.

The high price volatility of the cryptocurrency is exactly what attracts the cryptocurrency market. Traders make good profits here precisely because of the high price volatility.
The high amounts that go around here, the weak lack of legal regulation and the ability to remain anonymous in cryptocurrency have always attracted many scammers. Therefore, it is believed that engaging in cryptocurrency is associated with a decent risk.

Altcoins Talks - Cryptocurrency Forum · « **Reply #60 on:** August 25, 2020, 06:23:56 AM »

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Esperanza12 · « **Reply #61 on:** August 30, 2020, 12:21:23 PM »

Don't trust Cryptos easily. In the Chat Assistant window on this site, they are always online, and respond to messages very quickly with promises of 4% return in just 24 hours when depositing $ 100 or more. And the higher the deposit amount, the higher the committed profit, even a 10% return is promised "after 65 minutes". this is their red trick, we should stay away from them

Ganesa99 · « **Reply #62 on:** August 30, 2020, 12:24:47 PM »

Most scam projects are committed to profits, to induce greed for their prey. In addition it pays the committed profit in the first time, then lose money. Cryptocurrencies once transferred are considered lost, cannot be retrieved or retrieved. that's why we shouldn't trust Cryptos so easily

NihonShoki · « **Reply #63 on:** August 30, 2020, 12:27:13 PM »

There are many cases of ryptos scams, the victims are often newcomers inexperienced but want quick money. Therefore, they are often scammed by some bad organizations

Ten Ryuu · « **Reply #64 on:** August 30, 2020, 05:50:57 PM »

I definitely agree that we should be vigilant especially when crypto is involved. There is yet an established regulator to mediate feud in cryptocurrency which I think will take sometime before we can have one. Criminals and scammers exploit the decentralized nature of cryptocurrency thus making their scam/criminila activity looks legit. We must do our diligent research when thinking of venturing the crypto industry. We must do our best to be knowledgeable about the ventures being offered to us so that we can avoid uncertain things in the future.