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Author Topic: Be careful of those crypto content makers  (Read 285 times)
Marvelockg
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October 06, 2024, 12:26:11 PM
 #21

So work on your get rich quick mentality, take your time and learn , gather good knowledge, this space is not all about tap-to-earn alone there are more to it than that .
they can only lure fresh folks that don't know thier left from right into investing in a wrong assert that will end up dumping. If you're familiar with the whole content creation stuff, you will know it's all about the views first before talking about the authenticity of the information and it gets even worse when the information they're sharing is finance related because if you get to take some of those things as financial advice and you're wrecked.

For me, if it's not Bitcoin then it should be that I'm just earning those other coin via airdrops or as payment for rendering a particular service. Any other form of investment that comes after the pay from the airdrop is a no no for me. For all I've observed with most airdrops, after it gets listed, it always dumps weeks after and it will be very unwise to start investing in them at the time they are already packing. Even the brain behind those coin already have that knowledge and that's why they just get thier profit and zoom out ASAP. If you think you want to be smart and over protective of it rising, be ready to loose whatever amount you've put into that coin.

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October 06, 2024, 02:16:59 PM
 #22

Sometimes, I feel pity for some of these newbies who fall victim to the kinds of teachings they get from these self acclaimed mentors we all know are content creators. What the newbies only wanted was proper guidance but unfortunately, they got that guidance at the wrong place and from the wrong people. Anyone who finds himself here in bitcointalk forum and still falls for those kind of crypto advise or scams has his or herself to blame. Even when newbies come across posts from social media, they are free to come here to verify if such information is true. There are lots of high ranking members here who are very knowledgeable about crypto. With such people here in this forum, it is very rare for any serious minded person here to be misled.

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October 06, 2024, 02:40:18 PM
 #23

Sometimes, I feel pity for some of these newbies who fall victim to the kinds of teachings they get from these self acclaimed mentors we all know are content creators. What the newbies only wanted was proper guidance but unfortunately, they got that guidance at the wrong place and from the wrong people. Anyone who finds himself here in bitcointalk forum and still falls for those kind of crypto advise or scams has his or herself to blame. Even when newbies come across posts from social media, they are free to come here to verify if such information is true. There are lots of high ranking members here who are very knowledgeable about crypto. With such people here in this forum, it is very rare for any serious minded person here to be misled.
Most people don't want to listen to correct guides because they don't to being controlled.

Let's say we have advise them to not leave their funds in centralized exchange, use Trezor, stay lowkey etc.

However, most people don't like it because they think it's better to stake in CEX to earn small % APY and no need to pay withdrawal fees, Trezor is expensive and require to pay on chain fees, and they like to flex to other people since they can't stay silent.

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October 06, 2024, 04:43:43 PM
 #24

But they are some that are still misleading users especially newbies, especially in this telegram mini apps season, ever since $Not got listed and alot of users who farmed it , endup with some good reward, which have on boarded alot of users to this space .

Honestly, misleading people to invest in new project, it getting out of hand nowadays. They can update people about ten projects, but at the end of the day, it may be only one project that will do well. All the rest can be scam projects, and even the one that seems to do well may not meet people's expectations. The reason why many people are involved in mining nowadays is all because of the Notcoin project, which did well by rewarding a lot of people for mining. The truth is, not every airdrop will do well, so I expect people to limit their expectations over airdrops.in that way, someone won't be disappointed when the project ends up being a scam.


Well days back I came across a Crypto content maker advising folks to invest in a certain shitcoin from tg mini apps that got listed ,  a project without any good potential, project that let their community down , and now the coin as dip massively and I believe alot of folks got reckt in the process.

Almost every content maker that you may come across on social media advises one or two meme coins or projects for people to invest in. It may be that they are paid, so that means not doing it for the seek to help people but they are just promoting the project because of what the project may promise or give them. Therefore, we need to be very careful about the type of projects we invest in. Let's always try to do our own research before investing in any project. For newbies, I would advise them to avoid altcoin investments, especially new projects, if they cannot do their own research and full concentrate on bitcoin investment.

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October 06, 2024, 04:54:09 PM
 #25

When people act as if tap to earn have come to stay, I laugh at them because they're new and don't know the numbers of trends that have occurred previously. Nothing last over here just Bitcoin that have been consistent for decades and that's why it's regarded as the best bet against the market. Don't put all your attention of airdrops as future ones are likely to scam you than making you money.
ICO's, IEO's, IDO's and even Defi, you name it, so many trends and schemes have come and fizzled out down the years, a few people were lucky to make money with them, but as usualy the majority will get burnt when the scam projects takes over the trend and their creators and devs are in the business of filling their pockets only. I am glad that i have mostly stuck to only bitcoin, built my knowledge of it and accumulating it through DCA, i feel i took the best path.

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October 06, 2024, 05:56:31 PM
 #26

At first I will say most crypto content makers are doing a great  work keeping users updated, especially those content makers from X (formally known as twitter) . But they are some that are still misleading users especially newbies, especially in this telegram mini apps season, ever since $Not got listed and alot of users who farmed it , endup with some good reward, which have on boarded alot of users to this space .

Well days back I came across a Crypto content maker advising folks to invest in a certain shitcoin from tg mini apps that got listed ,  a project without any good potential, project that let their community down , and now the coin as dip massively and I believe alot of folks got reckt in the process. One thing you guys need to know is that most of this so called Crypto content makers on social media are only interested on your reaction and stuff, most of them don't have the proper knowledge about this space , so be careful at there.

Is not bad to do airdrops but always participate in it with caution,  And don't forget to always DYOR ,  And if you want to invest, you can invest on bitcoin to be in a safer side , because most projects at there are pump and dump.


So work on your get rich quick mentality, take your time and learn , gather good knowledge, this space is not all about tap-to-earn alone there are more to it than that .

Every crypto content makers like you called them are not here to talk about crypto for nothing, all of them are doing it for money, the so called few good ones just happen to be conscience, they give back to their viewers and still take something from them, they talk about crypto and give clues and goof information but don't forget that if YouTube isn't paying anyone no youtuber will be talking about crypto, and if they do they are looking for people to turn into their exit liquidity.

I've not seen a crypto content creator that do this for free, not a single one, they will sell people some stupid trading indicators, and promise you that your life will change, it is all a lie, they will tell you that a coin is going to moon, but mind you they already buy a lot of the coin before they start shilling it to you.

People who believe that something is for free in this world will always fall for them, because they want people to do the hard work for them, little did they know that nothing is for free in this world.

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October 06, 2024, 06:43:18 PM
 #27


Is not bad to do airdrops but always participate in it with caution,  And don't forget to always DYOR ,  And if you want to invest, you can invest on bitcoin to be in a safer side , because most projects at there are pump and dump.


So work on your get rich quick mentality, take your time and learn , gather good knowledge, this space is not all about tap-to-earn alone there are more to it than that .

A lot of crypto content creators are not sincere with the projects they promote, once they are handsomely rewarded, they will do every good content to promote the project and convince people towards believing that the project is a good one, even if it is a very bad project. In the crypto community, investors have to cultivate the habit of doing a proper research before they can invest into the project or participate in any airdrop. I don't put all my trust in all this airdrop, so even if the reward I get is not big, I don't complain.
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October 06, 2024, 08:45:04 PM
Last edit: October 06, 2024, 09:10:27 PM by I_Anime
 #28

It’s just as the post above said - most of those content creators that claim to be some self-proclaimed crypto expert that usually pop up with new projects and then urge their followers to buy from it that it will give them some unrealistic returns do so just so they can their commission from their deal with the project.

Do you think if an influencer sees a project that will get them x1000 of their investment they’ll come to social media and start sharing it? No they wouldn’t. Instead they’ll come with those that will do good at first (to convince more people) and when others start swarming to it they’ll rug the project - and that same content creator will come out with their smallest investment (after cashing out the main deal) and start displaying it as proof that they too were rugged by the project


Exactly, all they care about is what they will gain . Alot of newbies are there being mislead by those called crypto content makers , because of the commission they are going to get by embarking more folks into a particular project, some folks are at there selling their data to different project without even knowing, and they are being encouraged to do so by those crypto content makers . My advice to most newbies is that if they are really interested in this space , they should their time to learn to avoid being misleaded by others.

Most? No bro just a few as most of them are there for the money and not the advice/update that you think they are giving you.

We don't basically need them as all information that they're sharing is already available for everybody to access on the internet. They're there growing their followers to use them to get engagement and get payment from Elon musk.


You are right, is just that now and days some newbies are too lazy to make research by themselves, rather they prefer others to sit them down and  start telling them what to do , though is good to learn from few things from others because this space is wide but it doesn't stop you from doing your own personal research, because without the zeal to learn , to grow In this space won't be easy at all

When people act as if tap to earn have come to stay, I laugh at them because they're new and don't know the numbers of trends that have occurred previously. Nothing last over here just Bitcoin that have been consistent for decades and that's why it's regarded as the best bet against the market. Don't put all your attention of airdrops as future ones are likely to scam you than making you money.

That's what I keep telling others that think that this space is all about tap to earn , I knew from day one that tap to earn isn't here to stay, and the way they are just bringing new project eachday is something else , because most of those project goal is to farm their users / community,  but those that manage to make something good from it should engage themselves in proper planning like investing the money on something that's going to help them in the future like investing in bitcoin becuse is the solid project i know of.

Well days back I came across a Crypto content maker advising folks to invest in a certain shitcoin from tg mini apps that got listed ,  a project without any good potential, project that let their community down , and now the coin as dip massively and I believe alot of folks got reckt in the process. One thing you guys need to know is that most of this so called Crypto content makers on social media are only interested on your reaction and stuff, most of them don't have the proper knowledge about this space , so be careful at there.

Crypto influencers are a problem. It is not all of them though but most of care only for their pockets. They thrive on the leading newbies astray with a lot of misinformation and sadly because newbies do not like to Do their own research. I think that older crypto contents creators have the correct and authentic info to share rather than the new ones who instead get more audience from their giveaway. As that is the only they have to offer together with misinformation.


That's why having good knowledge and the zeal to always research in this space is important, to avoid being misleaded, and that's one of the worse thing that can happen to one In this space because it may lead to massive losses .

For me, if it's not Bitcoin then it should be that I'm just earning those other coin via airdrops or as payment for rendering a particular service. Any other form of investment that comes after the pay from the airdrop is a no no for me. For all I've observed with most airdrops, after it gets listed, it always dumps weeks after and it will be very unwise to start investing in them at the time they are already packing. Even the brain behind those coin already have that knowledge and that's why they just get thier profit and zoom out ASAP. If you think you want to be smart and over protective of it rising, be ready to loose whatever amount you've put into that coin

That's why traders usually jump into such coins to play with the wave, Because those kind of token are not advisable for holding even during bullish season , because there's no guarantees that the market going to affect all coins . Well airdrop is not bad it as actually change alot of folks lives, but the way airdrop going recently we should be careful and always use caution in Airdrops we farm , one thing about me I don't like telling people what to invest on , I only give them some nice recommendation which is bitcoin, so that i won't endup misleading anyone without knowing.

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October 06, 2024, 10:59:39 PM
 #29

Sometimes, I feel pity for some of these newbies who fall victim to the kinds of teachings they get from these self acclaimed mentors we all know are content creators. What the newbies only wanted was proper guidance but unfortunately, they got that guidance at the wrong place and from the wrong people. Anyone who finds himself here in bitcointalk forum and still falls for those kind of crypto advise or scams has his or herself to blame. Even when newbies come across posts from social media, they are free to come here to verify if such information is true. There are lots of high ranking members here who are very knowledgeable about crypto. With such people here in this forum, it is very rare for any serious minded person here to be misled.
Most people don't want to listen to correct guides because they don't to being controlled.

Let's say we have advise them to not leave their funds in centralized exchange, use Trezor, stay lowkey etc.

However, most people don't like it because they think it's better to stake in CEX to earn small % APY and no need to pay withdrawal fees, Trezor is expensive and require to pay on chain fees, and they like to flex to other people since they can't stay silent.
Sometimes for beginners I think they don't know what's right and what's wrong, just looking at the gestures and carrying of an influencer they are interested, especially if they have talked about the benefits he has received from crypto as a validation that he is experienced enough and can bring beginners to get the same benefits too, in theory social suggestion, that's how it works.

And yes storing in trezor or other cold wallets is quite complicated and ordering is usually long, they will have difficulty learning there and choose something easier like storing in CEX instead of selling next month, this risk is indeed very large if storing in the long term, but for a few months I think it doesn't matter if the CEX used already has a POR that can back up large losses if something goes wrong.

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October 06, 2024, 11:25:42 PM
 #30

I remember the last bull run here in the Philippines,  a lot of social media content creators on their videos with some advertisements about cryptocurrencies, some of them didn't even know what they were talking about, and I am really sad for them that the sake of money, they still do it.

Shout out also to our government is not really strict and doing nothing about these, a lot of my fellow countrymen are victims because their idols are talking about and some of them are too dumb to believe.

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October 07, 2024, 01:44:39 AM
 #31

I remember the last bull run here in the Philippines,  a lot of social media content creators on their videos with some advertisements about cryptocurrencies, some of them didn't even know what they were talking about, and I am really sad for them that the sake of money, they still do it.
It was what happened in the last bull run, 3 or 4 years ago, but things are not improving in this bull run with development, launch and massive growth as well as adoption of AI for content creation.

With AIs, people can create contents very easily and quickly, and we know that not all contents generated by AI are accurate. The AI tools can quickly collect many information resources, summarize them and give you content you ask for, but accuracy of AI-generated content can be terrible in some cases. Content creators surely don't mind about that, as if they don't care about accuracy of manual created contents, they will have less reasons to care contents generated by AIs.

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October 07, 2024, 04:14:26 AM
 #32

Sometimes, I feel pity for some of these newbies who fall victim to the kinds of teachings they get from these self acclaimed mentors we all know are content creators. What the newbies only wanted was proper guidance but unfortunately, they got that guidance at the wrong place and from the wrong people. Anyone who finds himself here in bitcointalk forum and still falls for those kind of crypto advise or scams has his or herself to blame. Even when newbies come across posts from social media, they are free to come here to verify if such information is true. There are lots of high ranking members here who are very knowledgeable about crypto. With such people here in this forum, it is very rare for any serious minded person here to be misled.
Yes I also feel sorry for new people who trust self proclaimed experts and content creators who give bad cryptocurrency advice. These people want help but are misled by people who pretend to know what they are talking about. By the way members of this forum especially those who still fall for suspicious advice or scams need to take responsibility for their own actions. Newcomers can easily check information from social media posts by asking this community where knowledgeable and experienced members provide correct information. With experts available it is hard for people who truly want to learn to be misled.

 
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October 07, 2024, 10:00:47 AM
 #33

Some of this crypto content makers are after profit and not really building a community because  initially I thought once you see a crypto project and you go to their Twitter page check their following, check their content, check big accounts that are backing them and you see updates then you are good to go.  But over time I got to understand that some of this project can buy accounts, pay big accounts to sell out their projects and some of these projects use those accounts that already have large followings for whatever scam they want to execute and some of the big accounts following this project are paid to promote them so whatever they put out to get the traction the project needs and they get their money is what they do.

Just know that it's not about big accounts it's not about content, you need to pay attention to white papers details, you need to pay attention to the pattern if they are really sincere about what they say. Don't trust the information you see on these crypto content creators' accounts because some of them are being paid to back up a project just so it gets people to participate in the project.

So we must really be careful about these scam projects, don't let the rush for quick money or destination to cash out big cause you to fall for scam. Invest in only what you know and trust so you will not lose your hard-earned money to them, the economy is already hard enough to insure losses.

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October 07, 2024, 04:18:12 PM
 #34

At first I will say most crypto content makers are doing a great  work keeping users updated, especially those content makers from X (formally known as twitter) . But they are some that are still misleading users especially newbies, especially in this telegram mini apps season, ever since $Not got listed and alot of users who farmed it , endup with some good reward, which have on boarded alot of users to this space .

Well days back I came across a Crypto content maker advising folks to invest in a certain shitcoin from tg mini apps that got listed ,  a project without any good potential, project that let their community down , and now the coin as dip massively and I believe alot of folks got reckt in the process. One thing you guys need to know is that most of this so called Crypto content makers on social media are only interested on your reaction and stuff, most of them don't have the proper knowledge about this space , so be careful at there.

Is not bad to do airdrops but always participate in it with caution,  And don't forget to always DYOR ,  And if you want to invest, you can invest on bitcoin to be in a safer side , because most projects at there are pump and dump.


So work on your get rich quick mentality, take your time and learn , gather good knowledge, this space is not all about tap-to-earn alone there are more to it than that .

You know what ? If people are falling for these crypto influencers then it's their own fault because they trusted those people blindly.
Even if influencers are suggesting others to invest in something then it is the individual's prime duty to research about the investment and get to know all about it.
Only after thorough verification they you should proceed with the investment if it falls under their risk taking capability.

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October 07, 2024, 05:14:02 PM
 #35

work on your get rich quick mentality, take your time and learn , gather good knowledge, this space is not all about tap-to-earn alone there are more to it than that .
You don't invest in coins or tokens which will have a major portion of its total supply distributed to airdrop participants because you should expect everyone to dump their coins at the listing and the price will take a plunge for sure. It's common sense, but you are right that a newbie would barely understand this because they don't have any experience in the industry. If someone wishes to invest in such projects, they should wait, let the hype get over, let airdrop participants sell their coins, and then if they wish to make an entry after doing their research, well and good.

When it comes to participating in airdrops, I have seen a lot of people making on-chain transactions on some apps only to become eligible for airdrops, that doesn't make any sense at all for me. When you are already putting in so much effort in promoting the project, why are you being asked to give them money on top of that only to get some tokens that they generate basically for free?

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October 07, 2024, 05:32:48 PM
 #36

So who are we talking about here? Content maker, I am saying again content maker. If they were real traders then they would be known as traders instead of content makers. Most of the videos we see on YouTube or social media are spreading wrong information and missleading most of the people. Because trading matters a lot mentally or psychologically, from this point of view, the psychology of each person is not the same. And that's why even though a professional trader gives signals, it can be seen that many people lose huge amounts in many cases.
And behind it this psychological game is responsible because it is normal that the psychology of that trader and your psychology will not be the same and the difference can be seen when to take a decision. Although it can be seen that in some cases the signals are correct and profit is achieved but at the end of the day you will see that your loss amount is high. So if you really want to learn trading without listening to content makers or following their signals, select a good mentor who is not a content maker.

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October 07, 2024, 07:32:30 PM
 #37

When people act as if tap to earn have come to stay, I laugh at them because they're new and don't know the numbers of trends that have occurred previously. Nothing last over here just Bitcoin that have been consistent for decades and that's why it's regarded as the best bet against the market. Don't put all your attention of airdrops as future ones are likely to scam you than making you money.

you know in every platforms there are always new comers like beginners so definitely for those engaging in all these telegram crypto mini apps tapping games it will look as though it will continue but they don't know that it's a trap for them to be scammed in the future and it's really very unfortunate that people blindly engage in things they feel it's beneficial to them simply because of the little rewards they get without checking and balancing if the rewards they get is equivalent to the efforts they put together in performing those tasks that led to the little rewards they get, for instance they don't calculate the time they spent, the amount of data they exhausted while playing this crypto games and the tasks they performed by going to social media platforms to like, follow, subscribe and share those telegram crypto apps, it's obvious they are just generating huge money to the developers and builders while they are left with little rewards.
          Anyways a time is coming when majority of them will become silent and people will learn not to trust in crypto airdrops and just focus more on assets that are worth investing on just like bitcoin instead of wasting their precious time waiting for free airdrops from crypto games and task.

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October 07, 2024, 08:24:45 PM
 #38

OP is right, everyone involved and participating in the airdrop must be careful of anything that could potentially harm them. I don't like participating in airdrops even though so far there have been several airdrops that have provided big profits for the participants. Recently many of my friends are enthusiastic about airdrops and they promote it a lot through various media to get referrals, but what they get is not really worth the time and hard work.

Basically every user should do their due diligence on anything that interests them. Investments should not be made just because of the invitation of unknown people on social media, if there are people like that then it is actually just a waste of money. Investments in new crypto assets tend to be bad, especially if they are new memecoins or altcoins that have no real use.

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October 07, 2024, 08:57:11 PM
 #39

Most of those content creators you see only first start with sharing useful information to gather the audience that they need, and when they have that audience, their target now is not just on the click and the view.
 
But rather on deals with those projects they get paid more to spread lies and promote scam projects than the payment they receive on engagement, which is why believing everything they say it's at the person's risk, all I do is pick a few pieces of information that's worth it and do my own research. I don't invest in airdrop projects to start with myself.
A few years ago, the US government had to fine some celebrities for promoting scam projects. These influencers are just after your money and nothing else. They even go as far as conniving with the creators of these scam projects to defraud the people. They will later claim that they are not affiliated with the scam company.

Most of these content makers don't have any knowledge or experience in the crypto industry, so listening to and applying the advice they give is risky.  Engaging in intensive research is not non-negotiable because scam projects have been on the increase and they are getting more sophisticated. It is not bad to hear or learn from people who know the crypto industry, but be sure to verify everything you were taught.

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October 07, 2024, 09:18:56 PM
 #40

At first I will say most crypto content makers are doing a great  work keeping users updated, especially those content makers from X (formally known as twitter) . But they are some that are still misleading users especially newbies, especially in this telegram mini apps season, ever since $Not got listed and alot of users who farmed it , endup with some good reward, which have on boarded alot of users to this space .
These content creators on social media are looking for viewers, and they are looking for engagements in their respective pages that is why each of them will be bringing any latest update so that they can get comments, likes, and views; and most of them are influencers and they are using their page to refer people into most of these airdrops, which is literally their own job, and they getting paid from their social media handles.

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Well days back I came across a Crypto content maker advising folks to invest in a certain shitcoin from tg mini apps that got listed ,  a project without any good potential, project that let their community down , and now the coin as dip massively and I believe alot of folks got reckt in the process. One thing you guys need to know is that most of this so called Crypto content makers on social media are only interested on your reaction and stuff, most of them don't have the proper knowledge about this space , so be careful at there.

Is not bad to do airdrops but always participate in it with caution,  And don't forget to always DYOR ,  And if you want to invest, you can invest on bitcoin to be in a safer side , because most projects at there are pump and dump.


So work on your get rich quick mentality, take your time and learn , gather good knowledge, this space is not all about tap-to-earn alone there are more to it than that .
Investing is some of these project is not bad, but as an influencer, pointing finger on a specific project is wrong in my opinion because so people will come for you if the project didn't end up doing well in the future.
Newbies are too lazy to do research, they always want something they can just invest in to get quick profit, and doing so requires a huge risk taking because for you to have such quick money, you need to invest in altcoins particullarly new onecs that are coming to market, become their early investor at TGE level or premarket lecel so that you can get huge profit at listing; else, you cannot get such huge profit on Bitcoij investment, and some already known altcoins, unless if you will learn how to trade.











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