The crypto industry is a young developing world. The world of fast millionaires and very fast bankruptcies. A world of promising investments and high risks. A world without proper regulation, with a lot of scams, deception and other vulnerabilities.
But a newbie, coming to this crypto wild west, thinks that there are a large number of experienced crypto comrades in this space who will guide the newbie in the right direction, create comfortable conditions for earning, suggest a suitable strategy for making money, teach how to make money, etc. Newbies enter the crypto world naive, thinking they are predators, but they are just prey. That's how many warnings have already been written about this, but still, naivety does not go anywhere. Yes, on this forum, probably more was said about security than about bitcoin itself.
Beginners, remember, no one will ever share with you real methods of earning. Of course, there may be exceptions to the rule, but these exceptions only confirm this very rule. If you meet on your way some assistant who wants to help you make money, then he wants to make money on you. Nobody is interested in your personal earnings.
Among such paid schemes, I would include:- Any training to make money on cryptocurrencies
- Crypto trading training
- Cryptocurrency trading signals
- Ready-made strategies for investing or trading
- Trust management of your funds
- Multiplication of cryptocurrencies
- VIP channels where they share the secrets of investing and trading
- Selling the GOLDEN GRAIL in earnings on cryptocurrencies
- Wonder bot that generates profit by itself
- ETC.
Understand that no one will share with you
REALLY WORKING methods of earning money, they just want to make money on you, or it is corny to cheat, extorting money from you and hiding, without giving anything in return. Do not try to be smarter than others and buy a ready-made solution that some kind person from the Internet will share with you. These are all naive notions. The only one who can help you in making money on cryptocurrencies is
YOU.
Every day, on the Internet and the forum, I see stories about how some user wanted to buy a ready-made solution for making money on cryptocurrencies and was deceived. You are trying to buy a non-existent thing, looking at it through the prism of naivety. This is just what the scammer needs. He makes money on your naivety and thirst for quick profit.
If what he is trying to trade (be it a super strategy for making money or a miracle bot that generates profit itself) worked, then why would he need you then? Ask yourself this question every time someone offers you to buy or invest your money in such a super product.
Think with your head, rely only on yourself, do not buy ready-made super solutions for earning, and then you will save your money and will not fall for the tricks of scammers. Thanks.
Being a newbie myself (I haven't started yet, so you could say I'm not even that), I couldn't agree more.
I've been researching, reading everything I can come up with, followed 5 different Udemy courses on cryptocurrency investing and trading, and doing anything I can do to be as self reliant as I possibly can.
One thing I would add is: don't stop at one source. Get a second opinion, and a third, etc. It's your money, you gotta take care of it.
A couple of months ago, a former coworker of mine introduced me to crypto. He showed me a $1156 balance, on a $60 investment he had made a month earlier. Almost a 2000% profit in a month. That definitely got me interested, so I started digging.
Ever since, he got a hard-on for copy-trading, and thanks to that he's now down to $500. And no matter how many times I tell him to stop that crap, he's still happy because, in his view, "he's still making money".
Keep in mind the minimum wage in Argentina is about $400, so he would've made a bigger profit if he got the crappiest available job out there.
Some people just won't listen, they think they know better than anybody. All you can do is watch them go down with their ego...