What are the common investment traps in the cryptocurrency world?
1. Free mining machines, and the income increases every day.
Free, no investment, you can get money. Refer people, and then get mining machines. Not bad, first mine for free, then I get commissions for recommending others. Anyway, I don’t invest money, so there is no loss, right?
However, the mining machines are given away for free, where are they? Real mining machines, which cost thousands or tens of thousands, are just given away for free? How big is the mining farm? Many people say that they know it is a fake gift, the coins are given away for free, it’s okay. However, it is given away for free, and they have regulations here, you have to have a certain amount before you can withdraw it. Here comes the point, what should you do if the free gift you get is not enough? Either continue to buy mining machines, or recommend people, so that you can get more and withdraw it. The routine begins like this, look at the App again, its coin is rising every day, and the mood in the group is high. Well, you think, I will buy a few less mining machines first, it will be enough, I will not play anymore after I withdraw it... So, it gets your money, you get some coins, and when it is almost enough, it says that there is a technical adjustment, the App is closed, and it successfully runs away. There are no mining machines, no transactions that increase every day, they are all pictures, all numbers...
2. Change the routine and talk about investment directly. This is a real project with advertising or click income. It is real and usually you can get your money back in about 40 days.
This time there is no limit, you can withdraw as much as you want, every day. Another group of people were tempted, you see, the money arrives in seconds every day, it’s safe, and it pays back in a few dozen days, it can last for half a year, right? After investing, within 20 days, the system needed maintenance again, and it was attacked by hackers again. They were harvested again.
3. Here comes another project that will never close and never fall.
We advertised everywhere that our business is legitimate, not a shell business, with a license and an office... and it is indeed the case in reality. This model was once very popular. What they said seemed to make sense. There must always be someone coming in later, right? Then arrange for the people in front to go out, arranged by the system, and no one will dump the market, and you are not allowed to keep holding. When it is almost several times, you have to go out. If you want to play again, you have to buy again. In theory, many people see it and think, "Okay? Invest money!" It was good in the early stage, with 5 times and 10 times, and in less than two months... the sound of the waves remained the same. Most people were trapped again. In fact, if you peel off the disguise of blockchain, isn't this just a split market? It didn't run away, but there were no later people, only numbers were left... What about the scammers? Just the handling fees made a lot of money.
4. Make money from price difference by arbitrage.
They will help you move, and you just need to invest in buying a dog. This project is very popular and seems to be very formal. In fact, there must be price differences in different regions, and software can definitely move faster than people, so a group of leeks rushed in without hesitation. However, brick-moving can earn several times or dozens of times the profit in a year, so why don’t people make a fortune secretly? Such a good thing, why don’t those big companies do it? They have such strong funds and technology, why do they still want to get the small retail investors? Such a good thing, do you still need to recruit people? According to the mathematical compound interest formula, after a few years, it will be thousands or trillions, why do you still need to recruit ordinary consumers for a few thousand yuan? This is a complete Ponzi scheme!
5. Are you scared of being cheated? It's okay, let's start over. This time, the small exchange is here. Come to my place to trade, get a commission, and have a competition. It's true that our ability to prevent fraud is limited, and the scammers' tricks are endless. There is only one truth that is irrefutable: there is no free lunch in the world. If you don't take the bait, you won't become a fish on the hook or a pig to be slaughtered.
