Post
Topic
Board Trading Discussion
Re: Trading Company
by
Oilacris
on 28/01/2022, 18:35:39 UTC
Hello bitcointalknairs please I will like to get clarifications on something, I received an email from trading brokers that I can lunge my funds with them and they execute trades on my behalf but I am afraid of the legitimacy of such services because most of them always turn out to be scammers.
What is your experience with trading brokers?
No. No matter if they are legitimate or not never let someone touch your money and do the trading on your behalf but based on what you have said I really think that they are not legitimate asking their users to do the trading on your behalf for me it looks like it is a scam attempt but not matter if it is legitimate or not never entrust your money to others they can easily ruin your money.
I think its okay if to lend money as long as the site is known to be trusted because there are now services like staking, lending and similar where you can earn passively but in return your going to transfer your funds on them.

In the case of op, it looks like he is contact randomly, the same thing happens to me where I get lots of direct messages on different social medias that I use. They are obviously a scam so do not ever try to get lured on what they are saying. If you want you can use sites which offers copy trade, this is a nice way to make profits from trading but it in a less risky way because you hold your funds with you.
Nothing beats out when you are the ones who've been holding your funds and not some third party which is usually the case or the set-up when it comes to staking on which i dont really prefer the most.

If you could able to bare such risks then go ahead but if not then its better to keep those coins into your own wallet.If you do look on the part on how much interest or APY you could get then you would

really realize that it isnt really worth the risks if you do ask me and it is much better to earn from volatility rather than on minding with those penny percentage on APY's.