Post
Topic
Board Beginners & Help
Re: Let’s keep our eyes on scammers logics
by
Doan9269
on 07/10/2022, 13:12:55 UTC
5; Ponzi scheme; Cryptocurrency is not a Ponzi scheme so we have to be very careful

This is most common to beginners or newbies in cryptocurrency, they appear in two categories, the first set believes bitcoin as a ponzi there give every approach they have towards it in the direction of a ponzi get rich quick and die quick your finances, the second category are the type of newbies that eventually know cryptocurrency is different from ponzi but yet fall in hand by investing on the wrong coins all in the name of they are all under cryptocurrency, they don't even know the difference of bitcoin from other altcoins and fall into altcoins that swindles away their funds, this type of category actually thought they know it but eventually had no idea how scammers can go to hunt them through ponzi-like projects in cryptocurrency.