How to know if a bitcoin trading is worth trusting?

[crossabdd]

There is no investment that guarantees your profit 100% in 5 days. except just wanting to fool you. and 100% profit only exists in trading with the lucky coin you choose. don't believe in such things.
there are several paid trading signals. but accurate returns are only 2-5% per day. if there is more than 50%, believe me. it's just a trick to take your money.

[bittraffic]

I wouldn't find the 15% fee if I earn $5000 from the $500 I invest within 5 days.  I can even give 5% more but this is just the offer that is pretty much from a scammer.  You just can't trust someone who will offer this type of investment even if its someone you knew. The business will eventually collapse and there is no businessman in his right mind who would do this.

[Polar91]

No one in the world could possibly earn around 500 to 5000 dollars in just 5 days, or else you would invest in the time frame from 2017 of november and cash out from december 20... Though, with other platforms of investment without you having the private keys, I don't think you should entertain them, because this forum will open and enable yourself to learn how to avoid scams and frauds, if you wouldn't mind, I suggest you to visit beginners thread and visit your local board too.

[Bim abk]

No one in the world could possibly earn around 500 to 5000 dollars in just 5 days, or else you would invest in the time frame from 2017 of november and cash out from december 20... Though, with other platforms of investment without you having the private keys, I don't think you should entertain them, because this forum will open and enable yourself to learn how to avoid scams and frauds, if you wouldn't mind, I suggest you to visit beginners thread and visit your local board too.

in crypto it is not a get rich quick scheme, here the average income grows and it is not easy to get fast profits except when the market is growing. and although in an improved market condition we also cannot always get quick profits and in crypto must have the ability to trade or invest in markets that have high risk.

[blckhawk]

Don't easily fall on such scams, especially in Telegram and other social sites. Always remember that once you sent your Bitcoins, there's no turning back. Also, right from the start where he said that high returns are guaranteed is surely a scam. Recently, there are also scams on YouTube claiming that you'll get 30x of the coins you sent on an address.

[xZork]

100% that's a scam, no one can be sure of the interest rate in the cryptocurrency market. Scammers are trying to cheat new and inexperienced people in this market.
They sometimes show you a few profitable trades and try to make you believe that the investment is profitable.
As soon as you invest money for them I guess you will be removed from the group and lose that money.

That is right, it is pure scam after all. Why will you believe that you can easily double your money in just 5 days by paying them. Newbies are keep becoming victims of the group pf scammers in telegram, they can avoid it if they will ignore the scam groups. Scammers are so smart that they keep attracting many victims that will invest in their scam project, we should not easily believe to an investment that can guarantee our profit because all of the investment have risks and we should always remember that.

Everyone should understand that there is no easy money in the cryptocurrency market. If someone wants to make money in this market, they first need to learn the knowledge, gain the experience of successful people, besides they need a lot of luck.
So if anyone tells me about easy profit, I will definitely reject them.

[Bonenx14]

Don't easily fall on such scams, especially in Telegram and other social sites. Always remember that once you sent your Bitcoins, there's no turning back. Also, right from the start where he said that high returns are guaranteed is surely a scam. Recently, there are also scams on YouTube claiming that you'll get 30x of the coins you sent on an address.

everything that offers easy and illogical benefits, I think, should be avoided, especially if they ask for payment in advance to receive the benefits. Scam projects are sometimes like that and Ponzi and hype projects also have the same potential to deceive investors, especially for those who want quick profits.

[shoreno]

seriously the return was 5k usd for 5 days  ? wow i think that was a lot for a small capital and for a limited amount of time only  but thier fees 15 percent was i think also high  .  but by the way , are the fees paid first right after you start thier program or itll be paid later once you already succesfully get the profit for your capital   ?  if it paid first then ill think twice and do a background check first because the offered income was too promising already and not normal for a legit investment program .

[bitvalak]

Do not easily believe with investments like that, just the same you gamble with your assets. It's better to save your money while you learn more about investing in crypto.
If you may be honest here scam investments are more common and the target is new users, and use the name bitcoin to carry out these activities.

[lasry]

I agree with them that's is ridiculous, saying you will earn that much of money is quite impossible, no one is on the right mind to give money that easy, don't let your greed drives you nuts and invest on something that has no future at all. Anyways, welcome to this forum

[aomakun]

Do not easily believe with investments like that, just the same you gamble with your assets. It's better to save your money while you learn more about investing in crypto.
If you may be honest here scam investments are more common and the target is new users, and use the name bitcoin to carry out these activities.

in investing it must be careful, especially if new users who want to invest then we should at least explain some investments that can be done well and lead them to the right place. because fraud is basically targeting new users who are certainly more concerned with profits than the security of funds owned.

[bitprady]

Thank you all.

I have exited the group and reported it as spam/fraud.

[chaoscoinz]

Hello all,

I am new to this whole bitcoin thing and know very little about it.

A few days ago I got added to a Telegram group which is run by a bitcoin & binary trader.

I am being proposed 100% ROI, with the trader claiming 95%+ success rate.

If I invest $500, I will get back $5000 within 5 days.


So, my question is - how do I know if this is legit or not before investing?

Their fees would be 15%.

Thanks

Don't do it, if you have to question any validity of a potential transaction then there is a chance that it is too good to be true. Lets be honest for a second though, does it really sound like it is a legitimate offer or does it sound like it is too good to be true? The return on interest alone sounds highly unbelievable even for  High Yield Investment programs which are risky and sketchy all together to begin with. I'm willing to bet you're going to lose that money if you send it, especially to a Telegram bot at that.
  I'm not here to give investment advice but remember to practice your due diligence before making any mistakes that could potentially be costly!

[Assface16678]

Do not easily believe with investments like that, just the same you gamble with your assets. It's better to save your money while you learn more about investing in crypto.
If you may be honest here scam investments are more common and the target is new users, and use the name bitcoin to carry out these activities.

in investing it must be careful, especially if new users who want to invest then we should at least explain some investments that can be done well and lead them to the right place. because fraud is basically targeting new users who are certainly more concerned with profits than the security of funds owned.

To invest in the website or any trading platform makes sure you must read the about of the platform to know what their mission and vision and today it is not hard to find information that gives us to identify if the trading platform is secured.  Also, it is better to ask other people who are already using the particular platform, to make sure it is legit or not. Most of the time, the traders already invest a little amount of cryptocurrency to the platform and explore by themselves to make sure it is legit that will not scam our money. But if you don't want don't trust their advertisement and use the old trading platform you know and use this to avoid hacking and scamming.

[bitcampaign]

I often get this almost in every telegram group, many spammers and scammers rampant promoting their scams, as you say it seems to be a fraud and stay away from them, because they work to deceive you, if you think of using the logic of where their money is to pay you $ 5,000 if you only give them $ 500 in 5 days, it doesn't seem to make sense, don't hesitate to ask everyone else in this forum

[Twentyonepaylots]

I often get this almost in every telegram group, many spammers and scammers rampant promoting their scams, as you say it seems to be a fraud and stay away from them, because they work to deceive you, if you think of using the logic of where their money is to pay you $ 5,000 if you only give them $ 500 in 5 days, it doesn't seem to make sense, don't hesitate to ask everyone else in this forum

Well sometimes it's best to trust your gut instinct when doing trading especially with cryptocurrencies. The thing is, if you feel like the ROI or the profits you are being proposed is too good to be true, then most probably it's a scam. Besides, no person would want your money if they could make $5000 in 5 days with their 500 dollars, it's best to leave on that group chat and report it as it defaces the bitcoin community.

[nasipadang]

Hello all,

I am new to this whole bitcoin thing and know very little about it.

A few days ago I got added to a Telegram group which is run by a bitcoin & binary trader.

I am being proposed 100% ROI, with the trader claiming 95%+ success rate.

If I invest $500, I will get back $5000 within 5 days.


So, my question is - how do I know if this is legit or not before investing?

Their fees would be 15%.

Thanks

It's likely 95% scam, there are already many types of fraud. before that you need to look at the history of the group and who the trader is, first you have to understand is as much information as possible you should know the information in crypto because the mode of fraud is very numerous and varied.

Scammers often target new users so be careful, you can also ask the members here or people you know in the crypto world to get advice.

[Youghoor]

Hello all,

I am new to this whole bitcoin thing and know very little about it.

A few days ago I got added to a Telegram group which is run by a bitcoin & binary trader.

I am being proposed 100% ROI, with the trader claiming 95%+ success rate.

If I invest $500, I will get back $5000 within 5 days.


So, my question is - how do I know if this is legit or not before investing?

Their fees would be 15%.

Thanks

This is a complete scam, please be very careful. There is no business or investment portfolio that will give you this huge profit within 5 days after investing.  What you need to understand is that, cryptocurrency or bitcoin does not make you rich within few days.  This is a total scam, don't invest in it.

[Sahyadri]

Hello all,

I am new to this whole bitcoin thing and know very little about it.

A few days ago I got added to a Telegram group which is run by a bitcoin & binary trader.

I am being proposed 100% ROI, with the trader claiming 95%+ success rate.

If I invest $500, I will get back $5000 within 5 days.


So, my question is - how do I know if this is legit or not before investing?

Their fees would be 15%.

Thanks

It will be an exit scam. They gonna run with your investment. You will find many such scam groups on telegram. Sadly it is one of the main reason for why people don't trust crypto. Don't fall for it.
No one will give you free money. Had he been such an experienced and talented trader. He would have had enough money to live happily instead of making a group and asking people to invest. Trade with your own brain. Don't trust anyone here.
I am glad you came here before putting in your money.

[Dart18]

Nothing is that better anymore.
There is a large percent it might be a scam.

You are not sure of it. Why even question the legitimacy of them?
As you can see it, it is too good to be true right?
I would rather waste money trying to learn more about different techniques in trading rather than investing with that kind.