I believe it is advisable to educate oneself before investing in Bitcoin or any other cryptocurrency. Bitcoin is a complex and rapidly evolving technology that can be difficult to understand for those who are not familiar with it. This is the reason why people often fall for the deception of cryptocurrency influencers, believing a cryptocurrency influencer without doing your own research can have several downsides. The so called Cryptocurrency influencers do not always have your best interests in mind and may promote certain coins or investments that may not be in your best interest. They may also share false or misleading information about the market or specific coins, which could lead to poor investment decisions. The most annoying thing about them is that they never face consequences for their false and misleading information.
When I was still a novice in the crypto world, I was following one of these crypto influencers on Instagram who was always posting some flashy lifestyle. He told me about investing on a platform he recommended and I decided to give it a go since I was trying to double my money. I did the initial investment, I gained some profit and decided to invest BIG to get higher profit but that was where I shot myself in the foot. I wasn’t able to withdraw my money for weeks, I complained to the ‘crypto influencer’, all he told me was to pay more to get my profit out. I couldn’t believe my ears, I knew I wasn’t getting my money back the moment I heard that. Immediately I reported to the police and FBI but they could’t provide any help so I went online in search of how I could withdraw my money from the fraud website. I eventually came across someone who spoke highly of Vaultech Asset Recovery Team stating that they assisted him in recovering some money he lost to a defi company. I spoke to them through thevaultechteam @ yahoo . com, provided every proof of payment I sent to the fraud company and they facilitated the withdrawal of my money which was successfully done. Not everybody has been lucky to get their money back from a situation like that but if you’ve been a victim of lost assets through any means, this team can help you out.