How Fraudsters Are Cheating People in the Digital Currency World
In trading, 90% of people end up losing. On social media platforms like Twitter, many people post about investing a certain amount and making huge profits. But in reality, most of these are fake. They might be edited screenshots from someone else’s trades. Another common trick is inviting people to join a signal group and then claiming that the signal they gave was profitable.
Most signal groups are scams. Just think about it—if they charge $60 to join a “VIP” group and 1,000 people join, that’s 1000 x $60 = $60,000. They make that money not from trading but by tricking people. And none of these groups last long because eventually, people realize the truth.
In this market, it’s said that big whales control everything. What they do is collect more money from small traders. Have you noticed how, when bad news or FUD (fear, uncertainty, doubt) is spread, people get scared and pull out their money? And then the market suddenly goes up. Or sometimes, they create positive news to make the market go up a bit, just to crash it hard afterward with huge sell-offs.
You must have seen the news recently about Trump’s inauguration sparking a bull run. But did that actually happen? No, right? That’s just one example.
I’ve been in the Bitcoin market since 2017, and this is my third halving. I’ve seen these kinds of hype cycles and manipulations over and over again.
Exactly! That’s why so many people lose in this market. Just looking at a chart and using an indicator to place a trade doesn’t work most of the time. You need solid experience from being in the market for a while.
It’s like learning to ride a bike—when you were a kid, even if someone gave you the best bike, you couldn’t ride it until you learned to balance. Trading is the same. You need to spend time in the market and learn from experience.
If you somehow managed to read this, you are very fortunate. Because many people in this field don’t really know what the right path is. Like you, I’ve also been exposed to a lot of hidden things, and I’ve gained a lot of experience from them, which is why I’ve come to this point today. I also like it when someone else is on the right path, just like me.
I’ll stop here for now. I’ll give you more details about this later, and I hope to bring you all the ways I earn from this field. I’m a bit busy, so make sure to follow me and stay connected.