On Scams and Fraud
We all know about it. If its too good to be true, it probably is. But some people either have such incredible convincing powers or people are just as easily persuaded based on what they want to believe.
Youre likely to want to have 40% daily juice that you're willing to believe that someone out there can do it for you. Duh.
Or just accept the fact that a 1 - 3% daily from a bitcoin lending group is possible. Yeah Bitconnect. I'm looking at you! There's a whole lot of these on the internet right now. If it has a referral scheme, raise a red flag.
We all know what a Ponzi scam is right?
Either way, if youre old enough to muck around with bitcoin, youre old enough to do your own diligence. If, you still choose to do it, then you know not to cry wolf later.
While those bitcoin scams takes two to tango (- it requires your participation), there are a lot of bad things out there that is just simple fraud to steal your money.
So take note and be careful of that too.
There's fake market exchanges, so make sure you're using the top markets like maybe bittrex, binance, gdax or poliniex.
Theres the classic phishing scam. Make sure youre on the right websites all the time. Dont transfer funds or open email links when youre half awake, half drunk, or half assed anything. Treat it like a child and always give it your full attention.
Youre likely to want to have 40% daily juice that you're willing to believe that someone out there can do it for you. Duh.
Or just accept the fact that a 1 - 3% daily from a bitcoin lending group is possible. Yeah Bitconnect. I'm looking at you! There's a whole lot of these on the internet right now. If it has a referral scheme, raise a red flag.
We all know what a Ponzi scam is right?
Either way, if youre old enough to muck around with bitcoin, youre old enough to do your own diligence. If, you still choose to do it, then you know not to cry wolf later.
While those bitcoin scams takes two to tango (- it requires your participation), there are a lot of bad things out there that is just simple fraud to steal your money.
So take note and be careful of that too.
There's fake market exchanges, so make sure you're using the top markets like maybe bittrex, binance, gdax or poliniex.
Theres the classic phishing scam. Make sure youre on the right websites all the time. Dont transfer funds or open email links when youre half awake, half drunk, or half assed anything. Treat it like a child and always give it your full attention.
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