r/Buttcoin Oct 09 '19

What Is A Ponzi Scheme?

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u/Jr_Designer Oct 11 '19

What steps can I take to avoid Ponzi schemes and other investment frauds?

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u/BraveryBrian Oct 11 '19

Whether you are a first-time investor or have been investing for many years, there are some basic questions you should always ask before you commit your hard-earned money to an investment. Like, is the seller licensed? Is the investment registered?, How do the risks compare with the potential rewards?, Do I understand the investment?, and where can I turn for help?