Bitcoin Forum

Have you considered buying cryptocurrency or Bitcoin? We have been buying, selling, and mining crypto for over 3 years now and here's our guide on how to spot bad/fake/scam cryptocurrency's and their red flags!
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https://www.youtube.com/watch?v=5yPZDj-e9LQ
https://i.imgur.com/Wb8mXwu.png


Investing in cryptocurrency is simply daunting, and no one wants to lose their money that they have probably worked hard for. We have made a lot of money buying cryptocurrency, and we have LOST a TON of money buying cryptocurrency coins as well. This video isn't investment advice but we want to share what we have learned through years of buying, selling, mining, and trading different cryptocurrencies. There are a lot of common red flags to look out for in crypto coins, and even when projects are exhibiting all of the typical warning signs they may still be gaining in price because cryptocurrency is a unique, volatile, and simply weird market. Similar to when Hertz went bankrupt but then continued to climb in price, there are many cryptocurrency projects with failed or failing teams and networks that continue to trade millions of dollars of volume and somehow even increase in price at times!

full links and info in the video description on yt per bct rules

Some projects are just so glaring to be bad or scam without need to consult any prophet or link, there are some obvious red flags just enough to tag a particular project bad.  Nice one though, will check it out and see the merit in it.

Nice content. I have really liked your channel. But i saw that your channel is mainly focusing on mining hardware and other mining stuff, so it would be better to focus on this field even you can create more good videos in other fields.
About how to spot a bad crypto investment:
According to some technique analysis, only two Devs are able to create a prototype in less than 6 months whatever the product is. In my opinion, if the coin isn't backed by a strong team and haven't already an active product or at least a prototype, it shouldn't be trusted at all costs.

Keep it up OP, we need people like you that can keep spreading words about crypto scam projects, if I know how to create videos or have the right equipments I would definitely give a try, most expecially on YouTube there are tons of fake giveaways that newbies still fall for till this day, thanks for sharing

No, initially we can't see if a project is just pure scam or not, unless you really do some research and contact the owner of the project and ask your questions. But as you can see on the video, he pointed out some flags, like projects blaming others for their failures, people behind doesn't have the capability to make the project took off because in the first place, they don't have knowledge. Nice vlogs, I envy those mining rigs though,  ;D and keep it up.

Scammers are getting better everyday. And i'ts getting difficult to be sure about any project. Invest only on those which you are certain of being a feasible project and don't invest even if you have a slight doubt. You also need to invest according to your strategy. Not every project can be equally important for everyone. Some people would love another bitconnect (Haze) while some would look for being involved in the community and be a part of success.

thanks :D really appreciate the support, I'm happy to try and help where I can

it is very difficult to find a scam project and you come with content that can help many people.
i really like you

keep up your job, more people will come to support you if you continue to spread ways to find or distinguish bad cryptocurrency and good cryptocurrency.

Sometimes the red flag are so glaring when properly researched. But you just have to look beyond the profit you will make and leave such projects alone because they usually give promises of higher profit. If you are not greedy, then you are most likely not to fall for any scam.

Many red flags are always there on some projects all along staring at you but 80% of your brain is on how much you will make which puts a blinding veil on your face so that you couldn't see, the second thing to worry about is greed, it can easily consume you fast

Right, There are major red flags you can see when you are looking on investing on crypto. Projects with the same ideas and no originality will result on a non profitable project overall a useless one. And there is also scams. so watch out for that.