Recently, I have seen various messages on social networks such as WhatsApp and Instagram that promise you a short-term profit of 400% bitcoin.
400% short-term profit and all these things are theft and be careful.
How would you believe anyone that’s promising you 400% within a short term? Even bigger investment platforms that has been running for years can’t pay that much, so how will someone else or a random platform that’s not well known promise you a 400% return and you believe them? Without being told, I will already know that it’s a scam.
The good thing is awareness are spreading and those who first failed to follow those fakes giveaways and promises are now learning the proper ways inside crypto/bitcoin. It's good since there are many people now that also concern with others, sharing information and guides in order to avoid being victimized by scammers and hackers.
Meehn, it’s not today that they started spreading. No matter how much awareness is being spread, people will still be falling for scam. It’s not everyone that’s a geek or good at all these things, so when they are still new and don’t know what’s happening, they will be falling for all these things.