How to know if a bitcoin trading is worth trusting?

[TitanGEL]

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.

100% ROI is looks like a scam project, there are always risk so there should no project that 100% guaranteed the ROI. Fraud projects are keep increasing so we should not just put our money in an investment if we do not know what are the information inside in it. Fraud projects are most likely promising 100% return in just days or even weeks and for me it is something's fishy.

[bettercrypto]

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.

Let me correct that idea. There is always investment that guarantees us to have 100% percent profit. But that investment is a scam. More on HYIP and Ponzi scheme. It is really risky if you have a deeper knowledge in investment and other stuff in crypto or anywhere. A newbie can be fooled by 100% ROI for a couple of weeks. But a person who knows the system will not engage in activities like that specially when we talk about bitcoin.

[bitcoinsocial09]

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

There is no way you could get that profit in just 5 days obviously it was a scam this is just a classic method of scam or an HYIP.
Don't fall into this investment thing I've even tried 15% profit and it was just a complete scam imagine your the percentage in your profit you cant even think of a way how they were going to make your 500$ into 5000$ in just 5 days.

[btccashacc]

First of all, you have done the right thing, asking the community about your issue and many have answered that it is a scam or something that does not make sense. Imagine % 1000 profit within 5 days, well it is crazy. If he could make that much profit in just 5 days maybe he is now rich. In addition, never trust people to manage your money, it's better to put the money in your own pocket.

[abel1337]

Thank you all.

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

Good job on reporting the Ponzi scheme group. This kind of group should be reported immediately.

Even if that group has a trader that has a skill of 95% accuracy on trading I think it's unnecessary for the trader to get an investment from other persons just to make a trade.
It's an obvious investment scam attempt but some newbie like OP can be victimized.

Remember that don't entertain too good to be true offers and always make a research 

[Bitcoinislife09]

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

.
Surely a telegram scammer, there is no way you could easily earn that money in just a small amount of time. Actually that was rediculous 5000$ in 5days  I think that was magic or lottery win.

Do not entertain this scammer just block his telegram account and also report him.

[th3nolo]

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

The question that breaks down the narrative of these scammers is the following, if they are so successful why do they need you to invest $500 with them?
To figure out scams you just have to ask yourself the right questions

[ice098]

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

.
Surely a telegram scammer, there is no way you could easily earn that money in just a small amount of time. Actually that was rediculous 5000$ in 5days  I think that was magic or lottery win.

Do not entertain this scammer just block his telegram account and also report him.

There is no doubt, the one who send that email is a scammer imagine if you invest 500$ then in five days it will be 5000$ is this a kind of a joke? I am trading for so long but I don't have any experience regarding to that matter in which when you invest a money and then in just a short period of time the you have invested will be doubled or trippled. Even in the fiat that is impossible. For you to be able to know if the project is a scam before investing, first you should find proof of legitimacy.

[Getmon]

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

The rule of thumb has always been that if the offer is too good to be true, it is most likely a scam or a shady scheme. This one is one example. A $500 will become $5000 in just 5 days? If that is true, your investment will multiply 10 times in just 5 days. In other words that is doubling your investment in half a day only. That is not only too good to be true that is also a very funny offer. Leave and report that scam group as soon as possible to stop them from victimizing other people.

[btc78]

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

the very moment that you find a "T Good to be True" offer that is literally indicates the group is a shit scammers,15% fee is what they will get to you and will never care if you lose your money.


my advice to you since you are very new here?better to study first,learn more things and add this stupid offers to your quest to become investor.never Believe people that assures you big profit because their lips are so sweet but their intention is too Bitter.

[bhabygrim]

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

Just use your common sense do you really think that there is a trader that could easily make that much profit in just 5 days?
Anyone could say that they have a big success rate in trading the problem is how could they prove it?
And also if they could why would they even bother to search for investor?
If they could then why don't they just do it on their own instead of offering their skill for just 15%?

[Shasha80]

In my opinion it is clearly a scam, it is impossible to trade profit 10x in just 5 days. This is great scammers, always smart to look
for potential victims. With this offer of good to be true, we must watch out for. I suggest don't have excessive greed so don't be
interested with this kind of fraud. In my opinion we must always think smart so as not to get caught by scammers, because of the
scammers mode almost like always offering reward or profit that doesn't make sense to me. If we can avoid that, I'm sure the number
of scammers victims will decrease.

[maydna]

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

I cannot believe if they say that if you invest $500, you will get $5000 within 5 days. It does not make sense because you cannot get a big return in a short time. Besides that, 100% of profit is not possible in any market situation because that will be too difficult to get even if you have high-skills in trading. You should stay away from their offers because I don't think that is legit.

We will see similar offers in many media every day because those offers want to attract new people to join with them. That is obviously a scam, and I hope that you don't join them, and it is better to try by yourself.

[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

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.

I will usually report a telegram group if it looks suspicious and looks like a scammer, almost some crypto telegram groups are filled with spam like this, a profitable investment invitation beyond human reason, only with a little capital can make a lot of profit, I'm more interested in trying to make a profit in trading , yes even though I often lose I'm not disappointed than I lost money because of being deceived

[Meowth05]

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

I think this definitely a scam yeah getting $5000 within 5 days seems possible however, looking on the market we have now it more likely impossible. It is obvious that this is scam because you won't get that amount in a single amount of time and you can easily determine whether the investment is scam or not if you have enough knowledge about this things. I recommend that you should study about the investment before place your fund.

[Free1bitco.in]

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

once again I emphasize, do not be quick to believe the promised bonus. trading is not as easy as you think. it is very difficult to produce assets from $ 500 to $ 5000 in less than 1 week, even when he is an expert, even more so you find that person in a telegram.
you should use the assets you have for yourself. I quite believe, after you reject that person, there will be very many people like that again.

[the rise]

95% success rate with full ROI, this is even worse than what was once offered to me, I was once offered by a trader who I even knew him, but in a consortium model. The only thing that happened after that was an apology dramatized on the grounds of a falling market and so on. You will experience bad things because they easily get rid of traces and can no longer be connected to your account.

[julius caesar]

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

Their fees would be 15%.

Thanks

All you can do is to ask some of the other people first before investing on a certain coin like what you are currently doing. Gather information about that coin so that you can avoid scams in the near future. You can try to use telegram and join some bitcoin groups and try to throw some question there about your concern. Do not trust anyone so easily just because you are in need of money.

[Reid]

Obviously, it is a scam. No doubt about that.

How you explained it sounds fishy already.
Didn't you ask yourself that before making this thread? It is already telling you that "we are going to scam you" in you face.
You can choose a different approach rather than risking your money here. There is a lot out there. Do not go for the gold but instead little profits in different platforms.

[Wintersoldier]

Obviously, it is a scam. No doubt about that.

How you explained it sounds fishy already.
Didn't you ask yourself that before making this thread? It is already telling you that "we are going to scam you" in you face.
You can choose a different approach rather than risking your money here. There is a lot out there. Do not go for the gold but instead little profits in different platforms.

He's seems to be totally new to investment in cryptocurrency which is a valid reason and a good act to ask first instead of going all along and invest huge funds to that investment platform that seems to be really fishy right from the first glance. This is the thing I didn't do in my early days of buying bitcoin, in which I regret because I somehow lose some amounts though in return, I learned allot.