Probably the Biggest Scam going in the Online World is the Crypto Scam Machine , it never ceases to amaze me just how gullible people have become when it comes wanting to lose their money . What does it take to wake people up ? The lure of fast money is almost a sure way to lose it , and that goes for almost all offers you see , Youtube is full of Professional Scammers advertising all kinds of products , astounding is the amount of views they get off people wanting to throw their money down the tube , and then Crying about it , Ripping people off is a 2+ BILLION Dollar Industry Yearly and it's growing thanks to platforms like youtube, FB groups and a general lack of Common Sense , nonetheless it seems there is no shortage Fools willing to part with their money in a big hurry , I have mentioned this before Crypto Currency is a real Market , probably the most unstable of all investment markets out there despite what these so called experts try to convince you of , and while it is legit in many places , it is not accepted or legit in others so doing the research is not only smart but a requirement , taking the word of some person that you have no clue about in a facebook group trying to convince you that his or her program is guaranteed the best and quickest way to "Effortlessly" make tons of money should set Alarm Bells off , especially in Crypto but other gimmick schemes as well . Real Investment Firms and Brokers do not hangout on youtube nor in Facebook groups offering make money online opportunities , and none of them will promise you mega bucks in a big hurry as in thousands a week , they will all warn you of that magic word RISK because like with any investment be it stocks, bonds, real-estate, commodities, currencies or crypto there is ALWAYS a risk involved , of course you don't have to believe a word I say that's a choice you make , don't say you have not been warned .But seeing as this is more about the Crypto Scam machine I thought it would be relevant to give people an Idea of just how many Crypto Scams are out there , Unfortunately the list is so long , I only managed to put together a partial list for now , but everything on this list is a known and proven scam
As I mentioned this only scratches the surface , some of these were reputable sites at one time , some of them for years before they went belly up ,took their investments and closed their doors and disappeared , the choice is always yours to make but before sending anybody cash I seriously recommend doing some online research
Thank you and big shout out to the team at www.scambitcoin.com for the list compilation and the never ending effort of exposing these Fraudsters .
Do yourselves a favor and do the research before sending cash to people to "Invest" chances are good the only investment is your money going into their pockets , check out Scambitcoin and read their mile long comments section of new crypto scams coming out almost daily