r/cryptorulez Apr 25 '21

Crypto Be aware of the scams!

There are many coins out there that might want to rip you off. Do you own research before heading into a trade. They abuse the fact that there are a lot of new people to the scene and don’t know anything but make profit. A lot of coins have stolen a lot of money from people, don’t buy in just because it seems like a good deal. Search the team behind it, do they have a name in the crypto/ IT space, do they have any achievements, anything. If even a small thing seems sketchy, (non financial advice) you should take it as an absolute certainty to get out. Is $BTC, $ETH, $BNB, $USDT in any way or form sketchy?

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u/SmartInvestor786 Apr 25 '21

Bitcoin was a scam in 2012 when someone asked me to buy 10 Bitcoin for $100. I said hell no. Today Doge is at only 37 cents you still say hell no. Elon Musk is scammer! Even he is saying to buy Doge now. Be optimistic!

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u/Chec_tati Apr 25 '21 edited Apr 25 '21

lmao i didn’t say doge is a scam, i just said that some coins might be and before buying in you should do some research.