How to know if a bitcoin trading is worth trusting?

[sovie]

Don’t waste your time and money by running after such projects, they are 101% scam. Legitimate schemes that have zero risk and guaranteed profit always have a calculated profit like government saving schemes and bonds. You can’t be rich overnight in any trading. My opinion is always stay away from such projects.

[1714757508]

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[1714757508]

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[DevilSlayer]

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.

You can easily tell if the project is legit or not. That project is not legit because the project is telling that the return is 100% guarantee. Why you would waste your time in participating in that shit project. It is better if you will invest your money in trading because we have control on it. We can double it if we have enough knowledge.

[luckyflop]

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

Never trust any of these offers, it is definitely a scam and you will lose all your money by participating in their requests. In this market, no one can guarantee profits for members. Since 2017 I have seen so many groups working with such scam and a lot of people have been trapped. 100% profit in 5 days, really crazy. If they could do that, they would surely have become billionaires long ago

[LogitechMouse]

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?
Thanks

First of all come to think about it. How in the hell they make $4500 in the span of 5 days? and worse they will make it thru the money of different people. If they can make it then they can just use their own money to do it.

If a project is too good to be true then it is certainly a scam. They are just ordinary person. If they can make your money grow then you can grow it to by yourself. Why would you give your money to a people/s that you don't know and hoping that it will increase in a short amount of time. I know that you are a newbie and take all of our opinions as your lessons even some are harsh. It is normal .

[marcous]

Don’t waste your time and money by running after such projects, they are 101% scam. Legitimate schemes that have zero risk and guaranteed profit always have a calculated profit like government saving schemes and bonds. You can’t be rich overnight in any trading. My opinion is always stay away from such projects.

Yup, I agree. entering into a project like that is just a waste of time and money. Do not be easily tempted by hundreds of percent profit offer. because actually earn a profit is not easy. Even professional traders are very careful when taking a profit. most people suffer losses due to greed and expect big profits. better to realistic with your capital.

[cryp24x]

It is definitely not a legit one. No one can offer a sure 100% ROI with a definite time. Imagine you are just one of the hundred persons that he/she have made an offer. Then it would be very difficult for them to be certain in giving the ROI on a definite time. Be careful with dealing with this kind of offers in Crypto.

[Ridwan Fauzi]

Good to see you here and you have made good decision as well to make this thread. As many users says above that is definitely scam way and there are many thread already which discussed about this issue. And yeah, the target this scam is newbies who haven't knew much about crypto, more than that with many issue which have been spread that bitcoin is a place to get money fastly with one reason its price is really volatile.

But you have to know, although its price is volatile that is not guarantee to make you get rich fastly. Maybe there is way to get that but you have to spend a lot of money as your capital to be traded or to be invested. Take a look with the price movement at 2017 ago, how many percent bitcoin price increased? That is a looot. You may need one year to increase almost 1000x profit when you buy it in the early of 2017 and you can sell it at the end of 2017.

So, be carefull with this thing because there will be many offer although with different way. Clearly, you have to know the legit place (investment) will never ask you profit with a definite amount.

[Eugenar]

It is definitely not a legit one. No one can offer a sure 100% ROI with a definite time. Imagine you are just one of the hundred persons that he/she have made an offer. Then it would be very difficult for them to be certain in giving the ROI on a definite time. Be careful with dealing with this kind of offers in Crypto.

As far as I can remember, you can only have 100 percent ROI for a long time frame in crypto, mostly, before with the new projects in ICO's there are many projects that starts their tokens at lower value and get's higher and higher though, I don't think people really do get the 100 percent profits, but still, these coins achieve a high value in the market now. Try to look at the Coin market cap. There, you can see other cryptocurrency and you can inspect and see histories of this coins if you wish.

[Zionatin]

Don't you think if someone had a 95% success rate they would do this themselves?? 10x in 5 days? The excuse is what? They don't have the money? They have a gambling or drug problem? What excuse did they use?
If Invest $1 and make $10 after 5 days that means I can make $1000 in 15 days?? With $1?? in a month I will make over a million??? With 1$???

You just need to have gone to school to see that this is a scam. If you fall for this you can only blame yourself.

[Distinctin]

Please and I ask you not to fall this one cause this is truly a scam.
If I invest $500, I will get back $5000 within 5 days? How you could imagine that? In that short period of time frame, you can't be able to achieve that amount if you run legally.
This totally a fake and possible broken promises that soon you will realize that you already been a victim of a scam.

[maxreish]

100% ROI within days is absurd for me. I am a trader so I know that it is not really sure to get back 100% ROI that fast. And refrain from joining those telegram groups that are requiring you to invest, they are usually scam.
Never ever trust anyone.

You can earn in trading slowly and do not fall for those high returns. You can actually gain profits in trading without the help of any groups. Start off as a long term trader first, this moment is the proper time to buy coins. Or there are also still tg groups who offer free signals without requiring you pay before joining.

[Inkdatar]

Better not trust easily this kind of offer a 100% of ROI. There’s no such guaranteed return of profit when investing and trading in crypto in just a short period of time. Actually there are many offer in telegram group so don't trust easily once you give your money it may scam you. $5000 within 5 days is a hell joke, best if you could learn to trade on your own, it will give you knowledge in trading and if you are willing to learn it will make it happen.

[tianglistrik]

Better not trust easily this kind of offer a 100% of ROI. There’s no such guaranteed return of profit when investing and trading in crypto in just a short period of time. Actually there are many offer in telegram group so don't trust easily once you give your money it may scam you. $5000 within 5 days is a hell joke, best if you could learn to trade on your own, it will give you knowledge in trading and if you are willing to learn it will make it happen.

unfortunately there are still people who believe in such investments, and those who offer such projects may be part of the referral seeker, and they only look for people without investing in them. it would be better to keep the project away like that, they can leave at any time and certainly if we don't play fast in the hype then the funds will be lost.

[SummerBliss]

Don't trust any such offer!
None is legit.
There are many such channels on telegram and Twitter. They all are scam. One more thing you should care about is the signal groups. Those are just pump and dump and in the hope getting profits don't follow their signals as well.
You must have read the news that how the crime rate in crypto has increased many folds. Since it is decentralized you have the responsibility of safe guarding your funds. Thus make sensible choices!

[nutella_11]

as everybody said there before - it's a scam. just leave this topic. I recommend you to use one of the well-known, reliable websites which allow you to trade... check for example kraken, kucoin or coindeal. the last one has probably the best offer nowadays, because it has great fees and free deposits in some currencies

[tungaqhd]

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 am sure 100% that this is a scam, they are scammers not traders like they said. 100% ROI and 95% success rate are impossible with trading, if that's true why do they need to offer you to invest?

[carriebee]

Don’t be a victim of these kind of group, there is a bunch of people already get scam in telegram channel. Offering of double profit when you let invest to trade your money. If you know in trading the market is volatile and it cannot gives you a sure profit a 100% ROI. Study the market and let you learn more guide in trading.

[abderrazak belkhir]

I'm certain that's a scam. Report the group and leave. The offer just doesn't make any sense. If anyone could 10x their investment why would they ask for your money? Besides, trading is not that easy. You just can't make your balance 10x in 5 days.

You are right about that because the one who can make such profits will not wast his time in such things because ×10 in 5 days is enough

[HarmonyA]

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 get involved in get rich quick venture,  it will definitely swallow your investment.  If profit making is that easy, they will keep the secresecret to themselves.
Don't even give it a second thought,  its definitely a shame. People can only Mentor you on how to become an independent trader, and not money doubling through such means.

[BuNga_cute]

Be careful of group trading on telegrams that offer rewards or profits to good to be true, because such a thing is
characteristic of scams. If that kind of thing, there is nothing in trading to get 10x profit within 5 days. As offered
the group is very instant, investing $ 500 and will get back $ 5,000 makes no sense to me. Things like that are very
clearly the actions of scammers.