Why People Call Cryptos Binary Options Scam

in #money5 years ago

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Hello steemians,
How are you doing?
Today, I'll be talking on how and why people call cryptos binary options scam.
It's not a new news that most predictions made via binary options fail, leading to losses.
The fact remains that, above 60% of participants fail to follow the rules guiding the game (just like football game prediction).
Also, they tend to ignore making research and learning before playing instead, they read the method of playing which could be made easier for attraction.
One thing for sure is that there's no easier way to make legit money. Correct me if am wrong.
And when players fail to watch and learn from other people, the high possibility of losing is encouraged.
What's my advice?
My advice is that every newbies in this game should not just look at other people play the game but should go research deeper, watch YouTube videos made for this game, listen to the mistakes of loosers, listen to the success stories of winners.
The most important of them all is to play the demo version and compare it with the real deal without staking anything ( i.e use paper to write your prediction and wait for the result).
That's where you will tell yourself what you're about to enter. From there you can make your choice.
I believe I sound convincing with these very few points above.
Have a great time.

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