Important Guide To Cryptocurrency Investors on Different Cryptocurrency Scams
There are a lot of scams going on into the cryptocurrency world that increased from copy-pasting bitcoin to creating own scam ideas. To be a good investor you must avoid these types of scams and don’t get trapped by these types of scam projects. So, we are highlighting some most famous types of scams that happened or still going on now (at the time of writing) in order to help you to make you more aware and secure about them.
Here are some most popular types of scams that usually trapped cryptocurrency investors:
Here are some most popular types of scams that usually trapped cryptocurrency investors:
- first of all, there will be no next bitcoin, if anyone claiming for their project or cryptocurrency to be next bitcoin and doing greedy promises then they are 100% scammers, please try to avoid these types of scams and do not throw your hard money in these types of scams.
- In crypto most of the projects developing something that no one wanted to use and they have no use and even no future use, they are doing total wastage of investors money and earning himself only, you must avoid these types of scam projects
- there are some projects which are just doing copy paste of bitcoin and they are just fooling investors and traders like bitcoin cash(BCH), bitcoin satoshi vision (BSV)
- there are some projects which are totally manipulated by their owners or by the team itself, in reality, they have no use and no intrinsic value like Tron(TRX), Binance Coin(BNB), ripple(XRP),steller(XLM),
- You will be surprised by knowing that there is also some cryptocurrency exist which has working no team or their price is totally manipulated by whales(traders or group of traders having a very large amount of money) and they exist just for fun and these have millions of market cap like Dogecoin. We suggest you stay away from these types of manipulated scam cryptocurrencies.
Take Your Own Risk. Here is the list coin I invested. on the top of the blogger you can see the market price of them.
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