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.