Скачать или смотреть Ponzi Schemes, Crypto Investment Scams. (USI Tech, Bitconnect, Coinexx.org)

Avoid the scammers completely and keep all your crypto safe & upgrade to a Ledger Nano X Hardware Wallet https://shop.ledger.com/pages/ledger-...

Alternatively, if you prefer a 100% Open Source wallet, a Trezor One is also a great value wallet https://shop.trezor.io/product/trezor...

Crypto Investment scams might not be technical like many of the other scams that I have looked at, but they are very common and impact a large number of people.

This video looks at what a Ponzi Scheme is, some examples of Ponzi Schemes like Bitconnect, USI Tech and Coinexx.org as well as some general tips for how to spot a scam and stay safe.


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If you are new to Crypto, my suggestion is that you start with buying ~$150 worth of Bitcoin, Ethereum, Litecoin @ Coinbase and get familiar with storing it, moving it around, etc.

For your first purcahse, just stick with CoinBase: https://www.coinbase.com/join/5691c9d...

For Trading, just start with Binance: https://www.binance.com/?ref=18111926

By sticking with large, reputable exchanges for your first purchase (Coinbase) and first trade (Binance) you can avoid getting scammed right at the start by purchasing a non-existing coin off a scammy exchange. (You would be surprised how many people fall into this trap)

Don't have a hardware wallet?
Be safe and buy them direct from the manufacturer. (Not just through some random on eBay, Amazon, etc)
Get a Ledger: https://shop.ledger.com/?r=5243ecbb84...
(If you are just starting out, I would just recommend a Ledger Nano S)

If this was helpful, feel free to send me a tip:
BTC: 37hiiSB1Poj6Shs8WawPS2HjT2jzHkFSQi
BCH: qr9qenlgjh0xlyz802h70ul69rpdj8z6qyuh7m79ah
LTC: MRWnUcsyofisVp5GvX7nxMog5caneycKZ6
ETH: 0xCe41d43349E1c8C53E02631650E236d94A899a95
VTC: vtc1qxauv20r2ux2vttrjmm9eylshl508q04uju936n
ZEN: znUihTHfwm5UJS1ywo911mdNEzd9WY9vBP7

--Notes--

Investment Scams: Ponzi Schemes & More
Probably the most common scams out there...

Examples...
⦁ Ponzi Schemes...
(Schemes that will initially provide you with actual "returns", look like an actual business with actual people)
⦁ USI Tech
⦁ Coinexx
⦁ Bitconnect...
⦁ Obvious Scams (These just rob you)
⦁ "Cloud Mining" Investments (See Conversation with scammer who tried too hard to sound Aussie)
⦁ Fake Investment Platforms (See converstaion with scammer who wanted Coinbase credentials)

What to Look For
⦁ Over the top sales pitch... (Bitconneeeeeeeeeeect!!!1111) - Watch the video and run away from anyone who sounds remotely like this guy when selling you something... (even non-crypto)
⦁ "Guaranteed Returns", unnaturally consistent
⦁ "Secret", "New" investment strategies
⦁ "Secret" or new investment opportunities that seek you out... (Unless you are an ultra-high net worth indevidual...)
⦁ Vague/absent explainations about how exactly an investment will work.
⦁ Pressure to keep investing more money. (And pressure not to pull your investments/gains out)

All of the above points can make cryptocurrency the perfect "verneer" for a scam... (Hard to understand, new, crazy returns in parts)

How to Stay Safe
⦁ Have reaslistic expectations for returns... (Tricky when it seems that some folk in crypto are obsessed with lambo and moon...)
⦁ Don't invest in things you don't understand... (This applies to shares too)

If you Spot a Scam
⦁ Contact law enforcement if it is in your country.

#scam #bitcoin #btc #ethereum #eth #cryptocurrency #crypto #ledger #trezor #security