Bitcoin Forum

5 Bad Cryptocurrency Investments now for me these are obvious but if you are new and you want to grow your crypto you need to understand a few things.

Understand mining. These are pretty scammy when you are getting 6 BTC out when you put 1 BTC in.

Understand that ROI growth systems are just Ponzi schemes.

You need to understand that what people say on Youtube you need to validate and verify yourself.

You need to ensure you do not join any pump and dump groups.

And discover how to buy a coin at the correct price.

NSFW (I Swear A lot)


For further information check out the video so you know exactly what I mean. I also show how people can fake screenshots to show more income than they actually get.

https://www.youtube.com/watch?v=cCXpavZfB7U (https://www.youtube.com/watch?v=cCXpavZfB7U)

What mining did you mean ? Cloud Mining ? Most of cloud mining are just Ponzi schemes. They will scam if no more member invest.

You got cloud mining and the ones you seen on Instagram 'Pools' where they offer out 2 week 50% ROI and stupid numbers like that.

You are very correct not all you watch on YouTube is 100% current and serve as an investment advice always validate you information before taking action, invest in the right coin at the right time and you will always be an edge ahead of any market situations.

Tweak that a little, 'majority of what you watch on YouTube and see on the media is wrong and most probably a scam attempt to swindle you'.
If it looks to good to be true it probably is not.
Verify every piece of information.
Seek legal advice when planning a high risk investment.

I guess pump and dump is possible on very low supply shitcoins. Never took part into it but I guess using multiple accounts it is very easy to pump a coin.

Do you know in whole P and D process , pumpers are losing only exchange transaction fees ( because they themselves are buying and selling it to them) . Anyone stupid who purchased that coin at high price instead of them is their real profit.

When you talk about putting 1BTC and getting 6BTC, it's not mining but Ponzi schemes.


It is not limited to YouTube, but you do not listen to anyone who is anonymous or known on the Internet unless you check that advice. "This includes your post and this response."

It is difficult to know "the correct price" but you should learn when to sell, buy and what are the potential effects of high price and low.

@CryptoMobster, I checked out your channel, and watched some videos there. Sometimes you are saying interesting things, and I think you deserve more viewers. The reason why more people don't watch your videos may be that they are too long. People rarely start watching long videos, you may have to consider that. Maybe, on a trial basis, try to create some videos which are not more than 2-3 minutes long, containing more of the essential stuff from your point of view, and less of that what can be found on the Internet. Good luck!