Re: A lot people just using inside the info nowdays to make money
But how does the insider info sharing works?
Someone who got info share info for money ? And tell that don't tell to anyone i only tell to you ? Lol 😂
Someone who got info share info for money ? And tell that don't tell to anyone i only tell to you ? Lol 😂
I believe the scheme works like this: person X has a high position in a large company that has shares listed on the stock exchange. This person X knows that today the company will make a big decision that will make the price of the company's shares rise a lot. So this senior official gets in touch with his poor friend and makes him a business proposal. He sends him a lot of money, and the friend buys shares on the stock exchange using all the money.
When the shares rise a lot, then the friend keeps part of the money to do whatever he wants and takes part of the senior official's money and opens an investment company in the friend's name. This company starts investing in the stock exchange, and the senior official always sends tips to the friend to buy or sell the shares. Of course, these schemes are illegal, and many times senior officials of large companies threaten the relatives of the friends they partner with to commit this type of crime.
When the shares rise a lot, then the friend keeps part of the money to do whatever he wants and takes part of the senior official's money and opens an investment company in the friend's name. This company starts investing in the stock exchange, and the senior official always sends tips to the friend to buy or sell the shares. Of course, these schemes are illegal, and many times senior officials of large companies threaten the relatives of the friends they partner with to commit this type of crime.
In crypto space (especially in meme coins) it is quite the opposite. Everyone believes that he has inside information
. Every telegram group is sharing so much inside information that it becomes public information.Everyone is an insider in the crypto space.
Joke aside it is so hard to verify that a particular information is insider beforehand. If you are always looking at your investments from this perspective chances are you will suffer major loss and fraud. I am not even mentioning the moral aspect of it. It is better to go through the learning process and develop skills instead of changing your ways because of immoral behaviour of others.
I totally agree with you on that, of course everyone is meant to undergo the learning process and develop skills unlike as you said earlier this are the basic things we need to know not just looking for a possible means of making Money without being stressed. most of the scam cases we have been hearing in the Media I think most of them is just due to this act, when you decide not to go through the learning process sometimes you can even end up being scammed by the person you were actually trying to scam reason is because you're not well learned, this is why the learning process is considered very important. or better still we can also look for a way to aquire skills, if you have a very nice skill definitely that's no way you're going to think about doing something that is illegal.