Bitcoin Forum

I'm here to share cautioning to amateurs on here that are urgent to profit on the web,a large number of you all have no tolerance and at whatever point you see an opportunity alike you choose to take the shot

Well I don't have a clue on the off chance that you've all found out about High Yield Investment Platform,they guide you to store some sum and the platform will twofold your coins for you just in couple of days or week

Accept my recommendation and safe yourself some mistake,its a PYRAMID SCHEME everything they do is taking from one to bolster the other until they've had enough to close down the platform a word is sufficient for the insightful,do not be a greedy fellow.

So many too good to be real investments these days and im actually referring it as a platform that aimed to develop the non sense idea that can be called as a too good to be real as an investment.
But it's not always related to the ponzi scheme but some times it refers to the scammy ico too.
This is the difficult part to choose the investment.

Investors need to look up how and from where the returns are to come. If you are investing in a casino bankroll, you'll know your profit or loss would be depended on the loss and win of players. When you invest in a lending platform like NEXO, Compound Finance and Celsius, you know you'll be get paid of interest from the borrowers. If you are not sure where the profit are coming from, it's too risky to trust.

If any project rewards is too good to be true it probably means its a ponzi or red flag,many new projects are been released based on unrealistic business profit,if investors dont do proper research they can easily fall victim to such projects,investors need to make sure that profits from projects are fair enough and realistic too

Usually the one's who get caught up in projects like this are unwary and uneducated to the world of investments. If you think someone or something is worthy of your money, then there should be absolutely no question about the integrity of such a thing you're investing in.

There are only 2 types of crypto projects that linger in crypto, those who want to build the business and those whom are in for get-quick-rich schemes. There's no in-between, every project that has come into existence can be classified as one or the other.

What's been stated in this thread is an excellent start, but always keep the golden rule with you at all times, DYOR.

Yea, so many of them offering mouthwatering payouts and benefits. When I see project without real business or projects with sketchy businesses I always thread with caution. When the offers are too good, I take my time to scrutinize.

Well, I am speaking out of experience. I have been involved in many HYIPs I invested my money on this scam projects and I get the same news. After 1 week or maybe 1 month they fold up their business and exit. I had to stay away from them and I never advice any one to do such investment

We see that only good profits now can be made only on Bitcoin. Other coins are waiting for pump, but it is really worth it? Waiting for a pump when Bircoim is pumping everyday?

Well, if they fall for those bullshit "too good to be true" offers, then they deserve to get scammed. They got greedy and greed has thrown them into a trap.
People with common sense know that all these high yield investment program are just pure scam. They know that they get paid with other peoples money who invested on that HYIP. They also know that people who join early are the ones who make the profit and the ones joining late gets scammed. Even after knowing all these they join with a risk in order to make some quick profit. They only complain and act innocent after getting scammed/unlucky.

Its a very good advice. People especially retain investors should stay away from crypto in general. Not seem rosy at all on seeing the present scams.

It's sad to know that crypto enthusiasts still participate in crypto ponzi schemes,  all in the name of investments. I saw a platform today on telegram, they accept BTC, ETH, BCH, XLM and do fake testimonies in their group.  It looks like a big joke to me but funny enough some people still put in their hard earned money in such schemes, that's what greed can cause. Do not fall prey to scam crypto investments, taking risk is OK but it must be calculated risk.

To be honest i see so many scam projects around and somehow few of them are able to survive for many months now which is kind of strange but also shows their popularity. Some of them are working in the name of cloud mining, some are working in the name of automated or arbitrage trading and similar other things but we have to understand that if they are not posting the performance report regularly then they are most probably scam and running ponzi scheme.

The problem with those who are been scam on the name investment are as a result of their greediness and whosoever that go before thus killer called greediness, keep greediness away and you wouldn't be scam so easily like others. For me on this point is, greediness is equal to volatile.

Almost all traders believe that any coin can do 500x
Which has led to the blind investments of certain token

Key is to be composed in each and every trades avoiding hypes and fomo

I thought this had reduced, not until I saw some recently by myself too. Sometimes, this people easily lure newbies and unknowing to these noob, easily fall prey, because they want quick and easy profit.
It is also a pity when I see those who ought to know, yet they too fall victim, because of their greed.

Start to learn something new about investment. There so many invest method in few websites that gives you many options to get an instant return in just a few days.
If you find something like this, then the best way is to avoid it. Yes, you right it's a pyramid scheme and last people who invest will be in serious trouble.

What do you think about Crypto.com (CRO but was MCO before) and their Earn program? I think it is a bit suspect. How can they guarantee interests on cryptos you deposit in their wallet? And the interests are not small. It looks a little bit like Bitconnect, but with less interest. But it is still suspect. They are the number 28 coin at coinmarketcap. They also have a Loan program, how can they not make any credit check?

You are right,the fact is no matter how good a project proposal might be there will always be more that meets the eye,i think the problem is greediness lives in all of us and many dont know how to control the thirst of their greed.

we have projects with good rewards especially the POS projects but the ones that looks legit to me will never boost of a fixed return,for example there should always be fluctuations in rewards

For example
Scammers are humans too,they are fully aware of investors greediness and they know exact how to take advantage of the greeds,thats why we see many bounty projects showing off big million dollars rewards on their bounty ANN pages to lure promoters even when they know that the chances are very slim

Our population is too much to have people that will reason alike, and despite all your warning, we will keep having people that likes to take risk and those projects that looks too good to be true are the ones that they like to go for the most, which is why I think that experience will be the best teacher to teach them and let them understand what you are saying.

Naturally, people should know by now that we have so many scam projects in the market which they need to be very careful of so that they dint fall victim of them and the best way to be careful of these projects if they cannot do research is to completely abstain from them and then invest more on some of the most popular reliable coins like bitcoin and the rest, but they rather prefer all these cheap project that are nothing but HYIP schemes.

Aww, I know now. But that kind of investments always seem to be more and very attractive than normal one.
Some people who did not know enough would be scammed very easily.
I really really hate that kind of scam, made them don't ever come back to this market

How many times people lost money on such projects? But everytime there are enough people that are trying it.
The first comers get back invested money, but rest will never see anything.

Everything that promises a 1% return a day is a scam.
Warren Buffet is earning around 20-30% on a investment per a year. Do you think that they are better investors than Warren?

It has been repeatedly several times but some people like taking risks and also newbies will keep falling for it till they wise up ! No one is ready to give you free money for doing nothing ! Let’s all be wise ! HYIP is never a good thing to invest into !

People keep falling for such scam and most at times I wonder if its actually the way I make my money that they do. Let's learn to stay from such schemes and learn to work hard to earn your money

To invest in different projects you need to be aware of the risks , and the more you are promised a percentage of the project is risky , now a lot of scams in cryptocurrency , everyone comes up with different schemes to take away your cryptocurrency.

If a project already looks like a pyramid scheme, why then venture into it. All projects that have such quality have failed their investors. So only a noob will invest into such.
Then there are certain promises that are not feasible. Which means you also need to do the feasibility study of the product. Ask how the project team intends to achieve their goal(s).

Big millions reward doesn't make sense for me personally. But this time it looks like that way doesn't work again to attract the promoters because this time the promoters are seeing the campaign from the quality of the project and it's not about quantity how much money will be spent to run the campaign.

Too good to be real investment are RED FLAG only for those who thinks deeply,they arent greedy and they understand what been fair means,many newbies coming into this space without learning are those falling victims to 'too good to be real investments'.

To earn profits from Mining you must have spend thousands of dollars on mining rigs not to talk of someone who wants to offer you some unrealistic profits with no actual working product backing it up.

I have the same sentiments. I was initially going to buy some MCO but I stopped after doing further research and I was not able to find a sustainable source of revenue for them.

These are the typical scam in the crypto scheme although it's known for those people who have been in the forum for a while.

• High yield investment program
• Cloud mining - many have been using this scheme to scam
• Many ICO
• And any investment scheme that guarantees profit without source of income

not only bitcoin, there are still many altcoins that have very good price fluctuations in the bear market, for example ethereum and BNB, both of which cannot be said to fall, they can still be very promising investments.

It is better to invest in bitcoin than HYIPs there is no legit HYIPs nowadays they are scam.. I agree to OP that stay away with these kind of investments.

Beginner investors sometimes too rush because they were tempting with profit share from some of investment sites and they should be learn more that there is no too good to be true in the real investment and avoid the investment which offering high of profit share because this is obviously scam

Will it help me to get profit in investing ...?
because honestly I'm a little traumatized by various platforms that offer an advantage for us to invest there, but in the end it's just a mere promise that cannot be proven to investors. is there anything from the investment platform that can convince us to invest in it ...

yes, this year ETH did not show a good price movement. especially when bitcoin goes down, ETH is also very difficult to develop. this market is currently very weak at the adoption of more crypto. too few are new crypto buyers. most traders only stabilize market prices.

It is true, the large profits offered by investment make the interest of novice investors interested regardless of the quality and target of the project. research needs to be done on the project starting from the type of project and its objectives, TEAM, whitepaper and support or partnet of the project. if not vigilant it will be trapped in fake or SCAM project investments

Bitcoin price has risen 200% in the past five months. It's a sign the market is still attractive for investors and there are many buyers. There are many people believe that altcoins will start to rise soon.

Agree, those investments that just take investors money as pay in and becomes payouts to those who joined first.. That's the cycle of like a ponzi scheme investments... If the group doesn't have enough payins there was no payouts then.. As of today, they use bitcoin and crypto trading as a source of payouts but the truth is, it is only their front.. After, collecting people's investment they will already tell a lot of excuses until no payouts for the people.. And at the end, turns scams already.. Pity those people who joined in this like investments...

It is true. Ordinary people are always tempted by quick and instant profits if they lose they just blame and say that cryptocurrency is dangerous, even though the fact is not the case. Insufficient knowledge causes this.

Even before, those HYIPS were a total scam. They don't have any intention to help their investors and all they do is attract and have an exit when they've collected huge amount of money.

But nowadays, the good news is that many are aware of their scam tactic. And it's very easy to determine if the website that you're interested with is a sort of HYIP or any other scam investment scheme.

Yes you are right make sure that you understand the offer. If the offer is too good make a second review if it is feasible or even possible. Remember that every project is also a business they need also an income. And if you will have a very good income how about their company or project. So it may fall in a fraud or scam investment.

Generally from my experiences, if a crypto project offers unrealistic bounty pool or goals, it is highly likely to be a fake project. So we investors and bounty hunters need to look practical promises offered by bounty projects. So for that we need to research first before going for them. Only then we can save ourselves from fraud.

He we see a classical coin NEVER to invest.
Post spam in non related thread.
Says something about getting back money traded in shops :-)

So many newbies coming here looking for profit, they all want to make a profit, because they have been educated to think that Cryptocurrency is all about profit when a Bull run comes, never doing planning or learning to find a good project that they will support and use their platform.

Just remember yourself when you started on this market. You were a newbie as well. I made mistakes. Let's help those people by writing some good topics so they can teach from us.

You know that not everyone that is created to reason straight, we have so many people that have very shallow thinking, and they would believe or take anything that is being presented to them, while we have the smart ones that would first take the project and take a look at it deeply to see if whatever is being said makes sense or not.

This is why we have to just be there for our brothers too, like the op shared, we need to keep  making them reason well, and also advising them against any project that we fill is not right for them to fall into. I also don’t know how people would think that it will be easy for anyone to get mining of products that easy. Even there is still so much risk if you set up the real one and use heavy money, and not to talk of these cloud mining coins.

I've studied that too good to real investments can be ponzi or red flag that's why you don't have to rush into investment in cryptocurrency. You need to take your time so you don't get carried away by the offer they are giving. Let's be careful when investing in cryptocurrency.

It is good to stay away from not only too good to be good investment but also investments in sectors or industries you don't know because there is higher possibility that you will lose your hard earned money. So it is better to research and have good knowledge of where you are investing in.

But unfortunately, we don't know which project is good or bad, and we could only know in the middle of the running of the project. Many good project has become a scam, and we already know that. We could only prevent to use big money to invest in the project to avoid the scam which could happen in anytime. We don't know what will happen with the project in the future, and if we can control the money we used, we can be safe from the scammers.

This is TRUE!

I strongly suggest to follow this advice!
I can recall several highly popular ICO projects who offered high ROIs from their platforms and then shortly after that disappeared or tanked because they where scams.

I think that investing in projects that offer more than 7%-8% per month is risky. It is not surprising that many fail. Greed encourages them to invest in risky projects. But if you do not take the time to study the project, then the risk of losing your money increases and this is natural.

I remembered my co-worker invested in an online "double your money" scheme in one website. I have warned him but he never listened to me and he deposited btc into that website. After two weeks, the site shut down.

See? We have to be careful in every decisions, not because there is a big returns, big profits. The more too good to be true, the more we should think twice.

If you are a newbie coming in the market, then you should check Bitconnectcoin thread it's one of the largest Ponzi schemes in the crypto world,
Ponzi scheme and MLM has invaded Cryptocurrency, and this is something that we should guard ourselves.

Check if there is a product involved, check if they are offering incentives for investing your coin in their plan for a specific period of time, check who are the people running the project and their history.

every coin should have a platform behind it but not an investment plan that will yield you profit for a specific period f time.

if any program give us double profits in short time, i am sure this is using ponzi scheme.while there is no more people joined they have no money to pay members profits.and people join lately will suffered loss and money that used to pay member that joined in early.