A few days ago, when i was sitting in my room doing some stuff, i received a text on my mobile from an unknown number. Well, i was a bit confused about who this is, and when i opened the chat , a text was waiting for me, " Hi there,"
I replied with an inquiry text that who is there, and instead of getting an identity, i got a text saying, "Do you know anything about cryptocurrency? " i replied with yes and he/she started his work to try to deceive me with his sweet talks
https://pixabay.com/illustrations/scam-hacker-anonymous-7503834/
Well, to sum up, that was fraudulent trying to spam me with some interesting talks. He was just getting greedy in his every text, and in the end, he even forced me to invest some money of mine, and he would get me a huge profit.
Later on, i blocked that contact, but a thought popped up in my mind that these fraudulents have made their business in everything, every single thing. You will see a replica in every aspect of life like there are viruses, yes this term will perfectly fit for those culprits, those are the virus here in crypto market.
CRYPTO INVESTMENT:
https://pixabay.com/illustrations/cryptocurrency-coins-currency-2922058/
Even in crypto trading there are many greedy sharks in search of innocent people, like one of my friend was deceived by these sharks, they asked him to invest only $10 and in return they will give him $100 in only 2 days.
These type of offers can make any human greedy that is wjy my friend easily handed over $10 to them and they blocked him and ran away.
This really hurt me as he was a poor guy, and after that, i spread my awareness message about such fraudulents to many people. And the same thing i am doing here.
COMPANIES OFFERING EXTRAORDINARY PROFITS:
I have also seen many companies nowadays having very good earning schemes. Like they will say you people to invest a little and get a big amount in result. And many innocent people come get caught in such traps and lose their money.
EFFECT ON CRYPTO TRADING:
https://pixabay.com/illustrations/abstract-air-backdrop-black-1755967/
I was thinking about its effects on the crypto market. It surely is spreading trust issues among people. People will be more likely hesitant to invest in crypto and might think that crypto is a fraud... just saying if this thing goes on...
AVOIDING SUCH CULPRITS:
The best way to avoid such fraud activities is to first see the reputation of that certain website or company in which you are deciding to invest. Also their promises and schemes will be enough for you people to decide whether it is real or not(to be more specific an intelligent man will never get deceived by them).
But as i mentioned earlier they are always looking for innocent people.
Also do join such groups or communities which inform you about such trading platforms or trading mehtods and also keep you updated with good platforms to invest.
LeoFinance on hive blockchain is the best example .
There are many ways to checkout that any platform is real or fake, like if it is real it would be having good reputation and also there user rate will be high and vice versa. If you find any such culprit not only avoid them but also do spread awareness about them on every social media platform as nowadays social media is the biggest power an individual is having.
SAFE AND CLEAN CRYPTO TRADING:
If we want a safe and clean crypto trading we have to give our part in identifying fake platforms and do reports about them because only then it would be possible to get rid of fake things. I am happy to see that there are many actions taken against them i hope that this will also continue in future.
Crypto trading is a real thing and many people are getting benefits from it. It is clear nowadays and my statement isn't necessary to prove it but stopping those culprits who are looking for only their benefits is necessary as if they grow they might impact crypto trading. (This all is my opinion and never mind it because everyone has different thoughts)
LAST BUT NOT THE LEAST:
These fake platforms are like illusions, sometimes looking very pretty from far but once you will get near they will just eat you(eating you here means they will deceive you)
It is my request that your money isn't any waste thing it is a very important thing and not for those who want to snatch it from you in free.
Well, that was all from my side. I hope that you people will find this one interesting.
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GOODLUCK AND BEST WISHES 👌