Scams/Ponzi

Scams/Ponzi

Watch out for people who goes round saying everything is a scam/ponzi and then they would recommend the platform that they are an affiliate to. :)

Why do I say this? well this would not help you grow yourself and limit yourself to see/ study/ learn/explore new coins and many more other possibilities. Yes I agree, they might have been doing or dealing with cryptocurrency for a long time, which means they might know more, but don't just believe them just because of that, you have to do your own research on what ever they say, Yes that includes me as well. (not that I have been doing this for long, Still learning)

What to do when you meet such a person? ask them for more information on why did they come to that conclusion. make a mental note or write it down. Ask them for links, articles to support their claim. Then do your own reading of the material that has been provided, and then go do your own research and maybe if you know someone else ether with the said "Scam" company, compare notes with them, again dont believe everything yet, do further research and then make your own conclusion. why so much trouble? well who's money will it be when you take your first step in this journey? It is also good to compare notes with your peers who are in crypto and are not affiliated with the said platform they might see or understand something from a different prospective...

Only putting in/investing what you can afford to lose to test if it is real or a scam. thats another way to check it out if it is what it is...

But it is so risky.... it is also risky to get out of bed/ stay in bed.. :) In life everything has risk, but if you take an educated risk you normally have a better chance of getting it right or almost right.

All comments and emojis welcomed, hope this has been eye opening. have a great one!