These are the common crypto and forex scams circulating right now [2024].
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If you are being approached to invest in something that's in the forex or crypto market and it seems too good to be true (and you're worried it might be a ponzi scam,) this video will help you. I have been investing in the high-risk sector for many years and been a victim of various scams in that time. I created Trade Wise to help people to navigate this challenging environment, and this video is a way for me to share what I've learned about how to spot the real from the fake. There may be other things to consider when investing, but if you keep all these points in mind, and use them as a starting point for doing your own due diligence and research, then you should be able to spot the scams and save yourself from potential investment losses.
Whilst I do discuss some of the specific investments I'm concerned about in my monthly update videos, I wanted this video to be more generic and therefore I talk broadly about what to look for and how to spot the scams, but I don't name any specific scams. Make sure you subscribe to my channel in order to stay up to date with investment scams and also see what high yield investments are working well for me.
I believe that the common investment scams in 2024 are becoming more sophisticated and harder to spot and this is perhaps why I fell for various different scams over the years. When I look back, some of the early scams were very primitive and I should never have fallen for them, but more recently, the scams have been more elaborate and much harder to spot. However, I do feel that the checklist I run through in this video will help people to avoid being scammed 9 times out of 10. Crypto investment scams can be harder to spot because they have the appearance of being "decentralized" but that is not the same as being genuine. The crypto space can be a bit of a minefield and even genuine investments are still very high risk. If you're sending cryptocurrency (such as Bitcoin) to an investment platform you should be immediately cautious and think twice about what you're being asked to do.
If you're in doubt about an investment then keep doing your research and don't invest if you can't get comfortable with it. If you follow my monthly updates you should start to see what good projects look like, although losses are still unavoidable at times.
I hope you enjoy my video about common investment scams in 2024. Please give me a thumbs up and subscribe for future updates. Visit my website [ Ссылка ]
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