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The Scam In The Crypto World - Investment (5) - Nairaland

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CRYPTO WORLD UNVEILED - All the secrets and tips revealed to making profits / What Is Happening In Our Crypto World / Crypto World For Newbies, Start With Or Without Investment (2) (3) (4)

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Re: The Scam In The Crypto World by shekauvsbuhari: 11:41pm On Jun 22
Bigshoe2028:
I will make this short and understandable

A lot scam is going on crypto currency space
It is called pump and dump

Early investors pump and once they made enough they will dump the coin and run with their profit we are not calling about thousands they chop millions to billions

This scam is world wide since crypto is digital


How to avoid before u buy any coin
Read its white paper find out the real world usage

Find other similar project is it fail to solve the issue of similar existing coin avoid probably a scam

Avoid all shit coins
Safe mooon,safe mars ,elogan feg etc
Don't buy even for free


If u want to buy go for coin which is default in a blockchain example instead to buy wink , go for tron

Make I stop here I will update this thread later
Your spellings, punctuation and tenses made understanding your write-up a little difficult.
Re: The Scam In The Crypto World by stupidmod3: 11:42pm On Jun 22
no idea bout dis cryto thing self
Re: The Scam In The Crypto World by mecussey(m): 11:42pm On Jun 22
ICTWeb:
Crypto was not different from the stock exchange.

Example is that all the nigeria stock exchange and shares happened to be scam. There was I time around 2008-2010. Shares and stock was the talk of the town. Radio, tv, newspaper and all media. Alot of nigeria wasted their money on stock and shares.

AIT Daar chop my 40k, money wey I for use buy 10btc then. Since that time I shunned Nigeria stock market.

2 Likes

Re: The Scam In The Crypto World by neyyoh: 11:42pm On Jun 22
Johnrake69:


Is the Naira not a bigger scam? Who controls the max supply of Naira?

The CBN is only playing a lost game. Crypto has a $ 2 trillion dollars market. A sensible leadership will embrace it and tax it.

Let's assume a group of Nigerian's bought crypto at an average price of 45k , btc crashes to 30k , whose pocket doe's the profit go and can the tax collected balance the outflow of capital as a result of the losses.

What effect does this scenario have on our currency?
Re: The Scam In The Crypto World by Toks2008(m): 11:42pm On Jun 22
Johnrake69:


Don't mind them. They will be the last to join crypto.

People talk about price manipulation like it's only in crypto. There's price manipulation on every commodity bought and sold across the world.

Back in Nigeria during fuel scarcity I have bought fuel for #600 per litre was it crypto that caused it?

Blockchain smart contract is the future.

There is no manipulation anywhere.. Only ignorant people believe such lies.

Watch to understand what is going on with Btcoin and other cryptos at the moment.


https://www.youtube.com/watch?v=heJjvPwwLCE
Re: The Scam In The Crypto World by stonemasonn: 11:42pm On Jun 22
Pump and dump is not a new thing na

2 Likes

Re: The Scam In The Crypto World by HELLASJ: 11:47pm On Jun 22
jesmond3945:
please where you can get the white paper of a coin?

Their website
Re: The Scam In The Crypto World by kelvindj98: 11:47pm On Jun 22
Sabadon:
Cryptocurrency is too volatile for my liking
Infact calling it a currency should be made Illegal. One of the properties of a currency is stability. Which allows it to be an efficient legal tender. Cryptos can gain or loss 100% of value in one hour. Don't know why anyone will want to invest in such.

5 Likes

Re: The Scam In The Crypto World by frankson1(m): 11:48pm On Jun 22
neyyoh:


Facts.. I'm deliberately being mean in this thread because i was insulted a lot by these easily brainwashed goon's.

I've also warned them about twitter and jack .





You mean Twitter that is home to them and jack, their master.

People don't sit back to analyse things, they act on impulse.

As for Twitter; App developers, Bloggers, Web designers and every Nigerian in the computer field are supposed to take opportunity of Twitter suspension to try to build an App that works like Twitter, but no, they prefer to insult everyone and burn down the country.

1 Like

Re: The Scam In The Crypto World by akilo1: 11:54pm On Jun 22
Una go run from bitcoin if u know how my 2200 dollar go down to 75 dollar

3 Likes 1 Share

Re: The Scam In The Crypto World by InvertedHammer: 11:56pm On Jun 22
Toks2008:


There is no manipulation anywhere.. Only ignorant people believe such lies.

Watch to understand what is going on with Btcoin and other cryptos at the moment.


https://www.youtube.com/watch?v=heJjvPwwLCE
/
One of the most useless explanations I have ever watched. Nothing he is mumbling about is tradable. He claims to be a technical analyst but couldn't explain what is happening in the market. No mention of volume, divergence, Fibonacci, and worst, he wrote off fundamentals. The indicator he is using is a lagging indicator. Where is the point of exhaustion? The guy is a joke. Quote me any day.

/
Re: The Scam In The Crypto World by XOTHEHOST(m): 11:56pm On Jun 22
Bigshoe2028:
I will make this short and understandable

A lot scam is going on crypto currency space
It is called pump and dump

Early investors pump and once they made enough they will dump the coin and run with their profit we are not calling about thousands they chop millions to billions

This scam is world wide since crypto is digital


How to avoid before u buy any coin
Read its white paper find out the real world usage

Find other similar project is it fail to solve the issue of similar existing coin avoid probably a scam

Avoid all shit coins
Safe mooon,safe mars ,elogan feg etc
Don't buy even for free


If u want to buy go for coin which is default in a blockchain example instead to buy wink , go for tron

Make I stop here I will update this thread later
you just mention 2 rubbish coin TRON AND WINK ALL JUSTIN SUL PROJECT NA SHIT am sure you are NEW into crypto IF YOU WANT TO INVEST BUY BETTER COIN LIKE BNB SOL XRP ADA DOT ALGO etc alway remember to do your own research DYOR
Re: The Scam In The Crypto World by Dexterfire: 11:57pm On Jun 22
Op na u Sabi oo.
I lost 70 dollars yesterday and gained more than that 2day from the so called shitcoins grin grin tongue

Crypto is the future whether you like it not

2 Likes

Re: The Scam In The Crypto World by troublemakea(m): 12:01am On Jun 23
juniorstar:
Yes a lot of scam exists in the crypto space but those things called shitcoins some of them have potentials and the best time to buy is in their early stage when there arent many holders cos some can go up as much as 10000% now that's 100× the money you invested if you bought 5dollars worth that's 500dollars from just 5dollars all you have to do is buy and hold some wont make it but the ones that do can make you some money in the medium/ long term. There are a number of shitcoins that you must have not a financial advise though and some go for 1000naira for 1000000000000 if you are interested in these shit coins that have potentials slide into my dm 07054504442. Let me show you 3-4 shicoins with potentials. Personally I prefer those ones with a clear plan with a definite timeline. And those that plan on getting an exchange in the future. Those ones a going to be hot cakes cos their coin will have utility

you can just say it Here...anyways lemme help them. the 3-4 coins are
FEG
Pitbull
Safemoon
Re: The Scam In The Crypto World by aidameoryou: 12:03am On Jun 23
neyyoh:


U don't know what you're doing just gambling .

No one can predict the market despite technical analysis, you might win today but tomorrow isn't guaranteed.

No dey bobo ys for here, as we Sabi

yes, you know what you are doing
Re: The Scam In The Crypto World by Dexterfire: 12:05am On Jun 23
The following coins might do wonders if you buy the dip

Robust Token
Moon pirate
Everrise


Not a financial advice
Re: The Scam In The Crypto World by Slynation(m): 12:06am On Jun 23
Carthman:
He who has ear.
Take this advice o.

I know some people here will still rush to buy dip grin
Yea bro....we go buy the dip!!
When e pump we sale, even if it takes 5years, we will wait for a new ATH
Re: The Scam In The Crypto World by neyyoh: 12:07am On Jun 23
frankson1:





You mean Twitter that is home to them and jack, their master.

People don't sit back to analyse things, they act on impulse.

As for Twitter; App developers, Bloggers, Web designers and every Nigerian in the computer field are supposed to take opportunity of Twitter suspension to try to build an App that works like Twitter, but no, they prefer to insult everyone and burn down the country.

Bro somebody actually built an app, not Adamus crowwe, a Southerner built it and they shit on it ..

Truth be told these goon's are dumb.
Re: The Scam In The Crypto World by nedekid: 12:07am On Jun 23
SimplyFacts:
Insightful,,, though Crypto is not for me. I have so much trust in the works of my hands.
Truelly, but if one sees a means to clinch some good money without greed, it should be worth the risk ohh.
Eg, if I had bit coin I bought for 10k per unit and it hits 50k, I will gladly sell sharp sharp. I think the issue if usually greed.
I don't know about cryto though as I have never done it. But if I hear it falls to like 10k usd, I wount mind buying like ₦1m worth that I arnt using and leaving it no matter how long cos I know it will one day hit the roof again.
I guess bit coin might not be good for saving money. Good only to speculate.

1 Like

Re: The Scam In The Crypto World by troublemakea(m): 12:08am On Jun 23
nagidarabani:




The post is a scam itself... don't miss future because of post like this

People that fear like this never make it incrypto...
so we should go an buy coins that have already blow to 30k$ when we can invest small money on those coins he called shitcois and we can make millions?

How can this guy even dare mention safmoon and Feg in his analysis?

FUD FUD FUD FUD FUD

FOLLOW this kind of post you will never make money in crypto


which sector of the world economy is there no scam?

Oil there is scam

gold there is scam

forex there is scam
politics is scam

everwhere this common

am shocked Admin approved such lame article

lol well in my little knowledge bout crypto which is a lil solid coins like FEG or Shiba /safemoon can not get to $1 like most folks anticipate. the highest is 0.0003 there bout but not less than 2-3 zeros will proceed a figure so it's best to sell when you gain some profit. and for the records these are investment :- Xlm, ripples, cordano, Btt
and these are let's use the word luck coins :- FEG, Shiba inu, Pitbull, Safemars, Safebtc etc
Re: The Scam In The Crypto World by GeneralPula: 12:09am On Jun 23
LOVEGINO:
Na so we take avoid bitcoin way back, now we dey regret. Life is all about risk abeg.

OP isn’t saying you shouldn’t go on with crypto business. He’s just pointing out the scam attached.
Re: The Scam In The Crypto World by neyyoh: 12:11am On Jun 23
Finally what you control is yours, what's controlled by outsider's controls you .

Learn!

3 Likes

Re: The Scam In The Crypto World by GeneralPula: 12:11am On Jun 23
drizslim:
It is a scam actually I don't want to remember how my 50k turned to 19k & I kept wondering cry

You’ll smile when market value goes up..
Re: The Scam In The Crypto World by Bifwoli: 12:11am On Jun 23
Coldshisha:
That's the elites for you, they manipulate stocks, commodity like gold and crude oil, now they have their eyes on Cryptocurrency
Nigeria benefits from this game with higher oil prices though.

And besides rich men like Jeff Bezos,Dangote ,Ali Baba's Jack Ma and Bill Gates wouldn't be where they are without offering stock to millions who 've benefited from the thousand fold increase in stock prices.

Coldshisha has benefited too but wouldn't dare say it openly.

1 Like

Re: The Scam In The Crypto World by Slynation(m): 12:13am On Jun 23
This is a trend for those who didn't invest in crypto/crypto babies to masturbate over....!!

BTC and almost all atcoins increased massively over the last 6-8months and everybody was happy, therefore, if you can enjoy the bullish season, learn to also endure the bearish season as well... it's not a rocket science!! The only thing to learn this period is to know when to take profit because it's never your money until you click sell....!!
Re: The Scam In The Crypto World by weststoner(m): 12:15am On Jun 23
Bigshoe2028:
I will make this short and understandable

A lot scam is going on crypto currency space
It is called pump and dump

Early investors pump and once they made enough they will dump the coin and run with their profit we are not calling about thousands they chop millions to billions

This scam is world wide since crypto is digital


How to avoid before u buy any coin
Read its white paper find out the real world usage

Find other similar project is it fail to solve the issue of similar existing coin avoid probably a scam

Avoid all shit coins
Safe mooon,safe mars ,elogan feg etc
Don't buy even for free


If u want to buy go for coin which is default in a blockchain example instead to buy wink , go for tron

Make I stop here I will update this thread later




The mod is still a novice I would say but people that are looking for fast money would get duped crypto forex etc if you don’t know about something don’t invest get enlightened first
Re: The Scam In The Crypto World by tuboi: 12:15am On Jun 23
kennethfranc:
Despite the ban,I still buy, sell and make some profit from luno ...another thing nah una sabi


Luno? Sound like a paid post
Re: The Scam In The Crypto World by Slynation(m): 12:16am On Jun 23
kelvindj98:

Infact calling it a currency should be made Illegal. One of the properties of a currency is stability. Which allows it to be an efficient legal tender. Cryptos can gain or loss 100% of value in one hour. Don't know why anyone will want to invest in such.
Crypto also has a stable coin called USDT and BUSD which works in same manner as the dollar rate which certainly made your point baseless...
Re: The Scam In The Crypto World by Volkswagen90: 12:20am On Jun 23
EMMY76:
The crypto world is really very volatile no guarantees there is one I joined last year called wesa that only trades on the waves exchange it initially rose from $1 to $350 but today the coin is almost worthless currently trading at $0.004.
did u cashout when it rose to 350?
Re: The Scam In The Crypto World by MessiahMARLIANS: 12:25am On Jun 23
Bigshoe2028:
I will make this short and understandable

A lot scam is going on crypto currency space
It is called pump and dump

Early investors pump and once they made enough they will dump the coin and run with their profit we are not calling about thousands they chop millions to billions

This scam is world wide since crypto is digital


How to avoid before u buy any coin
Read its white paper find out the real world usage

Find other similar project is it fail to solve the issue of similar existing coin avoid probably a scam

Avoid all shit coins
Safe mooon,safe mars ,elogan feg etc
Don't buy even for free


If u want to buy go for coin which is default in a blockchain example instead to buy wink , go for tron

Make I stop here I will update this thread later

I got to know about "SHITTY COINS" this year, and I was Amazed at how much many people have been COMFORTABLE with PARTING AWAY with Their Money RIDICULOUSLY without PROPERLY UNDERSTANDING The Intricasies of What They are getting into.


It's actually a Surprise that Many people PART AWAY Their Money on SHITTY COINS. However, this is one of The Power of The INTERNET.

The Rampant Spread of INFORMTATION and OPPORTUNITIES - no matter how INGENUINE, slow, UNSAFE They are; People must CLINGED To them.



You could refer to The Concept of SHITTY COINS as one of The Many BEAUTIFUL NONSENSE That Cryptocurrencies will Produce. Ofcourse, there would be more SHITTY INNOVATIONS.

However; this will not make UTILITY CRYPTOCURRENCIES become Scam.

As a Cryptocurrency-God Who've created Three (3) Cryptoturrencies and Owning Two (2) of Them on The Ethereum Blockchain; I can say it is the Fault of Many People that They have REFUSED To FINANCIALLY EDUCATE THEMSELVES before They Venture into Things.

People are Constantly Deliberately choosing to IGNORE FINANCIAL EDUCATION and Are Not READY to LEARN From The Scratch and Fully Understand The Basic Concepts of ANYTHING.

They just always want to JUMP into ANYTHING That They HEAR or SEE.

They Forget that There's A JUDAS for Every JESUS and An ISCARIOT for Every CHRIST.

They Forget that There will Always Be SCAMMY And SHADY INNOVATIONS Around Every CREDIBLE OPPORTUNITIES and INVENTIONS created in LIFE.



The INTERNET was created for Us to INTER-NETWORK; That is - It was created for Us to INTERNATIONALLY NETWORK.


Now, to a large extent; We can all Enrich and Empower Ourselves Rightly if We INTER-NETWORK Genuinely with each other.

However; Many So called "Yahoo Yahoo" Boys have Polluted Almost All The Entire INTE-NETWORKING Space with Their HIGH LEVEL of CORRUPTION Online.


Alot of Atrocities have been committed ONLINE Making The INTERNET a very SCARY PLACE for People to CONNECT and INTER-NETWORK Optimally.



We need to start Creating Solutions for The Entire Internet Space.


The shady deals that go on online is KILLING DIGITAL ENTREPRENEURSHIP in Afrika particularly Nigeria.


And THE BIGGEST SOLUTION, THE RIGHT SOLUTION, THE BEST SOLUTION To Create That will Cover ALL The Niches on The INTERNET with CRYPTOCURRENCIES inclusive is to Begin A FREE DIGITAL SENSITIZATION CAMPAIGN That will:

E - Educate,

E - Enlighten,

E - Expose,

E - Engage,

E - Empower Those who will be INTERESTED in Achieving Their FINANCIAL FITNESS by Personally Deliberating Themselves to be EDUCATED.



We cannot Stop Cryptocurrencies in This Digital World of Today.

It is above Every Man-made Government of The World because it is an INTELLECTUAL PROPERTY that Superceeds Their WORSHIP OF PHYSICAL MONEY INVENTION.



I'll create a thread which I'll dedicate to EDUCATING People on Cryptocurrencies.


I'll make it A QUESTION And ANSWER Thread where Anyone can ask any Question so that I'll be faced with RESPONDING To RELEVANT Questions.





Best Regards.



~ MESSIAH. ONI, Ayodeji AnthonYeshua










PS:

The Display Pictures below represents The 2 Cryptocurrencies which I personally Developed on The Ethereum Blockchain. Both Cryptocurrencies are UTILITY COINS and They are Not SHITTY COINS.

I Developed Them Last Year and I am yet to Launch Them as I've Been Practically Working on The USAGES of Both Cryptocurrencies.

As You would Notice: The Name of Both Coins are called: NairaMarley Coin (NMC) and POVERTY ALLEVIATION COIN (PAC).

The Purposes of Both Cryptocurrencies are Encrypted on The Display of Both of Them Respectively.

Re: The Scam In The Crypto World by IhateMyDad: 12:27am On Jun 23
drizslim:
It is a scam actually I don't want to remember how my 50k turned to 19k & I kept wondering cry

Hope you are talking in $$

2 Likes

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