Remember BITCONNECT and 2017? Lots of free flowing money, YouTube pumping it, and the easiest way to make money in cryptocurrency. It was bizarre. The promotional trips and all of the weird characters that were promoting that PONZI SCHEME.
These days there are even more crypto bandits out here five years later. Without speaking of the obvious FTX debacle, stay aware of fake websites that promise huge returns.
Putting your fiat currency into a "trading platform" and hoping on receiving a return is pure Russian roulette. I got burned with a bitcoin mining operation as well. Luckily, I only last in the hundreds. The lesson was learned.
Take a look at the below photos and use the comments section to tell me if you see any red flags. There are many but the obvious reaches out very sharply.
I'm going to continue reducing my crypto footprint until the recession is over.
ReplyDeleteSounds like a great plan for the impending doom if the banks.
ReplyDelete