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The Scam In The Crypto World - Investment (2) - Nairaland

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Crypto World: Right Time To Invest In CRYPTO? / The Scam Called Daily Income Store/aim Global/alliance In Motion / Crypto World For Newbies, Start With Or Without Investment (2) (3) (4)

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Re: The Scam In The Crypto World by neyyoh: 10:27pm On Jun 22, 2021
Lol , if una no keep quiet there.

Shebi you didn't let us hear word when cbn banned it, some even suggested to make it the national currency.

Dip kill u there. tongue

19 Likes 2 Shares

Re: The Scam In The Crypto World by grandpoh(m): 10:28pm On Jun 22, 2021
Welcome to the reality of the crypto world
I try as much as possible to look away from this shit coin,I mean all of a sudden how can a coin *500 in a moment and bam everybody withdraws there profit and latecomers suffer the loss
I go with my guts,in crypto you win some you loose some just don’t stay out with one coin else oyo is your case

2 Likes

Re: The Scam In The Crypto World by nairalee(m): 10:28pm On Jun 22, 2021
Scam dey everywhere

1 Like

Re: The Scam In The Crypto World by IMAliyu(m): 10:29pm On Jun 22, 2021
A reason I avoid all this coins.

Just stick with the ogs, the ones that survived the 2016 crash and are likely going to around in the next 4 years.

3 Likes

Re: The Scam In The Crypto World by na2016: 10:30pm On Jun 22, 2021
GboyegaD:
My position remains, I will never trade anything without fundamentals.

Evenif you know the fundamentals, I have come to know that Cryptos are majorly scams. This is why governments are trying to either control them or ban them. Imagine the volume of money Nigerians put in different cryptos at the beginning of this year and suddenly everything crashes. It means the country where those funds were gotten from will suffer more. So are you guys now seeing that it was good the CBN banned cryptos? A lot more wailings would have happened now by amateur traders.

26 Likes 2 Shares

Re: The Scam In The Crypto World by LOVEGINO(m): 10:30pm On Jun 22, 2021
Na so we take avoid bitcoin way back, now we dey regret. Life is all about risk abeg.

45 Likes 2 Shares

Re: The Scam In The Crypto World by KaluwisxPRO: 10:31pm On Jun 22, 2021
This one is new to trading, this is basically what happens in the stock market and how Billionaires are made, there’s nothing illegal about it.

Rules that exist in stock is, you can’t pump your own stock, you will be fined, and that’s where it ends, or your board votes to have you removed.

Absolutely nothing wrong in pump and dump, all billionaires do it with their proxy on their own stock, they even short it before an unforeseen crash only they are privy to due to the companies future.

20 Likes 1 Share

Re: The Scam In The Crypto World by emmyN(m): 10:32pm On Jun 22, 2021
cheesy

5 Likes 1 Share

Re: The Scam In The Crypto World by money121(m): 10:32pm On Jun 22, 2021
SimplyFacts:
Insightful,,, though Crypto is not for me. I have so much trust in the works of my hands.
Peele grin grin
Re: The Scam In The Crypto World by dfrost: 10:33pm On Jun 22, 2021
jesmond3945:
please where you can get the white paper of a coin?

There's always a white paper for every product. You need to dig deeper and get it. The white paper will reveal a lot about the seriousness of a product, innovation et al.
Re: The Scam In The Crypto World by seyz91(m): 10:33pm On Jun 22, 2021
cheesy
drizslim:
It is a scam actually I don't want to remember how my 50k turned to 19k & I kept wondering cry
Re: The Scam In The Crypto World by EyezofGod120: 10:34pm On Jun 22, 2021
kennethfranc:
Despite the ban,I still buy, sell and make some profit from luno ...another thing nah una sabi
,,boss how u take dey do am,my luno no work,,I no fit buy with my master card again,help a brother

2 Likes 1 Share

Re: The Scam In The Crypto World by Nobody: 10:34pm On Jun 22, 2021
money121:

Peele grin grin

Which part of your body is paining you?

Ewo ni pele ninu oro yi undecided
Re: The Scam In The Crypto World by Mairice125: 10:34pm On Jun 22, 2021
We are in a matrix ,you have to try to break outb
Coldshisha:
That's the elites for you, they manipulate stocks, commodity like gold and crude oil, now they have their eyes on Cryptocurrency
Re: The Scam In The Crypto World by Buzx: 10:34pm On Jun 22, 2021
kennethfranc:
Despite the ban,I still buy, sell and make some profit from luno ...another thing nah una sabi

I was impressed until I saw Luno.

1 Like

Re: The Scam In The Crypto World by ICTWeb: 10:34pm On Jun 22, 2021
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.

31 Likes 2 Shares

Re: The Scam In The Crypto World by babtoundey(m): 10:35pm On Jun 22, 2021
drizslim:
It is a scam actually I don't want to remember how my 50k turned to 19k & I kept wondering cry

If it had increased to 100k,you would have celebrated and counted yourself blessed. But now that it depreciated you can't but wonder. Happy wondering



Yoruba people have some funny sayings
1. Eni to n wa ifa nwofo (the one wey dey look for awoof dey automatically search for loss)
2. Ifa n fa'ni lapo ya (awoof dey tear person pocket)

10 Likes

Re: The Scam In The Crypto World by kennethfranc(m): 10:36pm On Jun 22, 2021
EyezofGod120:
,,boss how u take dey do am,my luno no work,,I no fit buy with my master card again,help a brother
With the money left there after the ban
Re: The Scam In The Crypto World by Chioma99(f): 10:36pm On Jun 22, 2021
please is water leaf farming really profitable?

5 Likes 1 Share

Re: The Scam In The Crypto World by FREEMADNESS: 10:36pm On Jun 22, 2021
GboyegaD:
My position remains, I will never trade anything without fundamentals.



my guy fundamental go put u through. 100%

1 Like

Re: The Scam In The Crypto World by macjireh: 10:36pm On Jun 22, 2021
U guys doing Crypto made we guys not doing it look like mu.mu...now whose d real mu.mu?

grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin
grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin

see ehn,,D's world has no plan anymore... if u continue to live ur life with d kind of plans u had b4 2020,,den u are dead...u can only survive d future by d help and navigation of d Holy spirit

27 Likes 4 Shares

Re: The Scam In The Crypto World by Felixalex(m): 10:38pm On Jun 22, 2021
Authoreety:
Dem no dey stand one place dey watch masquerade...

Ezigbo nwafo

1 Like 2 Shares

Re: The Scam In The Crypto World by GeneralPula: 10:38pm On Jun 22, 2021
Stop investing your bitcoin or any crypto coins. You don’t need to invest your coins before making profit.

99% of those crypto groups on telegram are scammers. Forget their white paper here..

When you invest your bitcoin with a certain crypto group, it’s just same with them MMM & other Ponzi..

Buy your coins and keep them in the wallet. Whenever the market value is up, it will reflect in your wallet. The reflection is your profit.. (And it’s vice versa cuz market value do drops down as it is now presently..

Bitcoin is a future investment business. It’s not something you’ll start today and start benefiting tomorrow, NO. Don’t let anyone tells you lies..

When bitcoin was at $3k, I bought some coins. After some years, it moved to $10k, $20k and that was how I made some profit then..

Now I’ve been in shortage and I won’t start making profit again until bitcoin hit $70k,$80k which I’m sure it will..

That’s how it works..

38 Likes 2 Shares

Re: The Scam In The Crypto World by aidameoryou: 10:39pm On Jun 22, 2021
kennethfranc:
Despite the ban,I still buy, sell and make some profit from luno ...another thing nah una sabi

leave nonentities that do not understand or know what they were doing and got scammed.
Re: The Scam In The Crypto World by Buzx: 10:40pm On Jun 22, 2021
na2016:


Evenif you know the fundamentals, I have come to know that Cryptos are majorly scams. This is why governments are trying to either control them or ban them. Imagine the volume of money Nigerians put in different cryptos at the beginning of this year and suddenly every crashes. It means the country where those funds were gotten from will suffer more. So are you guys now seeing that it was good the CBN banned cryptos?

Why don't the government ban the Naira too because it is used for scams and Ponzi schemes. Haven't Nigerians lost billions from Naira Ponzi schemes, too? The Naira is used to commit numerous atrocities. Why didn't the government ban it too?

The government only banned crypto because they can't control it or trace it and they're planning to launch their own government-controlled digital currency, not because it is used for scams.

7 Likes 1 Share

Re: The Scam In The Crypto World by T3amie(m): 10:40pm On Jun 22, 2021
kennethfranc:
Despite the ban,I still buy, sell and make some profit from luno ...another thing nah una sabi
with Luno s high rate ?

2 Likes

Re: The Scam In The Crypto World by aidameoryou: 10:41pm On Jun 22, 2021
Carthman:
He who has hear.
Take this advice o.

I know some people here will still rush to buy dip grin

i will still buy till tomorrow
with my spare money tho...keep sleeping

4 Likes 2 Shares

Re: The Scam In The Crypto World by EyezofGod120: 10:42pm On Jun 22, 2021
kennethfranc:

With the money left there after the ban
,,how do you withdraw to your local bank?

1 Like

Re: The Scam In The Crypto World by mexite: 10:42pm On Jun 22, 2021
That doesn't still mean that crypto is scam. The problem is its high volatility, and it's not unconnected to the fact that the industry isn't regulated allowing easy manipulation and every Dick and Harry to create new coins.

Ask majority of guys complaining today, many invested in shitcoins that were created on BSC just like the hay days of ICO on Ethereum blockchain.


na2016:


Evenif you know the fundamentals, I have come to know that Cryptos are majorly scams. This is why governments are trying to either control them or ban them. Imagine the volume of money Nigerians put in different cryptos at the beginning of this year and suddenly every crashes. It means the country where those funds were gotten from will suffer more. So are you guys now seeing that it was good the CBN banned cryptos?

2 Likes 1 Share

Re: The Scam In The Crypto World by ICTWeb: 10:42pm On Jun 22, 2021
No one knows the future, so no one can say whether Bitcoin is going up or down in the near term. However, I would say the odds are high that the price of Bitcoin will be higher following the next halving event, which is expected in 2024. Halvings have tended to be catalysts in the past.

Bitcoin has crashed before
Today's crypto crash is nothing new. Bitcoin has crashed 80% or more three different times since 2012, according to Visual Capitalist. With this context, we see that the current 41% drop is rather mild by comparison.

6 Likes 1 Share

Re: The Scam In The Crypto World by nurez305(m): 10:42pm On Jun 22, 2021
dfrost:


There's always a white paper for every product. You need to dig deeper and get it. The white paper will reveal a lot about the seriousness of a product, innovation et al.
dig dipper for what, just go to their website and you will see their white paper or any info you need.

You can get their website through coinmarketcap or just get it through Google.... Nothing special in that

3 Likes 2 Shares

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