Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,151,483 members, 7,812,496 topics. Date: Monday, 29 April 2024 at 02:19 PM

How To Identify And Avoid Being Scammed In Bitcoin Investment - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / How To Identify And Avoid Being Scammed In Bitcoin Investment (440 Views)

I Got Scammed In This Section Of 200k / Steps To Follow To Avoid Being Scammed In Real Estate (part 1) / Bitcoin Investment Named Worst Investment In 2018 - FinExpertiza (2) (3) (4)

(1) (Reply)

How To Identify And Avoid Being Scammed In Bitcoin Investment by ajealadick(m): 9:38am On Jan 24, 2017
Though all ponzi schemes are scam on the long run and would eventually crash and fold when the GH gets more than the PH without newer PHs. Now there are some with the intention of redistributing wealth around, others are just out to mop up the money from everyone into one person's pocket and zoom, he is gone. Here are few tips you should follow not to get scammed so easily, I have lost a substantial amount of money and have decided that you should not suffer same fate:

1. Very high interest rates within a short time.
When sites tell you to invest your bitcoins with 100% interest in a week, its a scam. No business can make 100% continuously every week. Making 100% or more in a genuine business investment is possible, but not continuous.

2. Payment to ADMIN
Even after registering at any site, once you are mandated or paired to pay to Admin, please run, run very fast. It is a scam and you would most likely lose your money. Admin means that the money is in an account that cannot yield you any profit. Some sites like Trevizaglobal, MAC and Helping Revolution used this model to scam unsuspecting investors of millions.

3. Central Account Payment
Don't make payments into any ponzi scheme if you find out its to a central account. Why MMM Nigeria survived long was because payments were not centralized, either you are paired to someone who can also communicate to or don't pay. If you follow my advice you would not encounter loss.

Re: How To Identify And Avoid Being Scammed In Bitcoin Investment by smithe113(m): 9:38am On Jan 24, 2017
thank you.....but these didnt work for MMM
Re: How To Identify And Avoid Being Scammed In Bitcoin Investment by ajealadick(m): 9:46am On Jan 24, 2017
Be watchful

(1) (Reply)

Top Paying Non-referral Business Solution / Trapped Online. Surrounded By Douchebags. Low On Funds. / Advice Needed, Please

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.