You are viewing a single comment's thread from:
RE: Are crypto markets a stage for SCAMS?
Certainly my friend, I think that since there is no project behind a cryptocurrency, it can happen that they list it on an exchange, pump it, then make a profit and sell it massively deceiving those who compared the cryptocurrency at high prices and never see it again at those prices.
The important thing to avoid falling into these scams is to trade known cryptocurrencies, and if they are new cryptocurrencies, at least have a project behind as a swap, or for example as steem that has behind this great platform project where we can invest steem and make steempower.
Greetings my dear friend, let's hope that none of us fall into any of these scams.
Steem has been a consolidated project for years. However, recently created coins are used as a rapid enrichment method. I consider this type of procedure to be dishonest.
On the one hand there are the people who obtain very high profits, but on the other hand we have a large group of users who end up being affected, some in a greater proportion than others.
It is true, when you do tradind you take risk and everyone who does it must be aware of it.