Many trains in crypto have left the station. Many have yet to leave. Many will never leave and some will fall apart.
We're witnessing a rising amount of "become millionaire on crypto trading" posts and offers for 1 bitcoin these days. People selling so called "strategies" and earning on them more than they should. Their strategies are full of nonsense and may delude individuals into totally wrong ways of trading thus making them losing all their money while these "strategists" are not trading at all.
Telegram Pump and Dump Groups
Currently, one of the most popular scamming trading technique. Couple of whales teamed up for solo reason to dump the pre-pumped Bittrex shitcoin on their 4k members in the Telegram groups. Everyone following these groups and participating will eventually lose a huge portions of bitcoins because the coin is already pre-pumped and you, telegram group member are the one who they are going to dump the shitcoin on while they enjoy your bitcoins you will be struggling with trying to get at least 1% back of your losses.
ICO scams
Not every ICO is a scam but almost every crypto trading scam is ICO-related. Literally hundreds of ICOs went online this summer and more at yet to come. The solo purpose of 95% of these is to get your eth and bitcoins and dump them for cash. You may or may not earn something when ICO tokens go on exchange. But in 99% you will lose most of your money.
Strategies scams
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Send me 0. 05 bitcoins to this ---- address and I will make you a millionaire. This doesn't need to be explained.
So next time when you think of this while browsing the blockchain opportunities
Remember that you will probably have this
Thanks for reading
