No that is not true at all. I am recommending to newbies especially how they can make money with masternodes and how to recover there funds so they don't end up at a loss and in a situation where they can't continue to trade. The problem i see with a lot of newbies is that they become loyalists/fanatics of coins and end up just holding and holding and saying statements like "i will never dump any of these coins for a year or so at least" or "don't dump under X amount of sats because you will regret it" which is entirely the wrong way to do things. And as for the scam jump on in anyways section i actually think all masternode coins are total rubbish aside from dash and if using your criteria nearly every single one of them is a scam because they all have large premines and are all clones and are all just another payment coin that will never be used. Do you think ANY of these coins will still be around in 10 years time? Does that make them ALL scams? People are into crypto to make money not to become fanatics of certain coins, i don't set up masternodes to join some cult i do it to make money. This is my full time job and if i do not make money i cannot pay my bills and feed my family and that is my priority. This is what happens in an unregulated marketplace and if people don't like it than they shouldn't trade in crypto and should stick to the stock markets with low return "legit" investments" instead but as you know the potential rewards are much much less. If you take risk away from crypto investments the returns will not be what they are now which is why this is not what is wrong with crypto but what is exactly how it should be.
You do realize that the only way for people to come out of loss is to scam the next guy, if people ever done their homework about any coin they invest in, then their odds of not being scammed would be higher.
Also saying that every crypto project is a scam is false. Yes crypto is very high risk because like any company it has a 90% chance of failing. That is life though and it was not meant to be a scam.
There are plenty of coins out there that are
not ROI ONLY based, and they actually want to create something in the crypto space, whether it will successful or not is another story, but they are
not SCAM.
Your only high return is off of fools that have no clue about crypto and buy into scam coins, and you are proud of it too.
As I stated before, people like you is what makes crypto look bad. I don't give a damn about your family sentiments, because you are scamming people off THEIR MONEY, you are potentially taking away money from another guy who needs it.
As I stated before, if people would not invest in scam coins then this space would've been a better place, maybe not HIGH ROI, which only few people most likely get out of this whole ordeal, only the last guys are the losers.
I just don't know why people like you bother giving this whole speech about how scamming people is OK, I'd just keep quiet somewhere and keep it to myself.
sigh. You really don't understand how crypto works or comprehend anything of what i said i see. It really is a shame that there are so many ignorant people around in the younger generation.
I can see why you waste all your time chasing after worthless causes because you are simply unable to grasp the concept or the inner workings behind the entire scene right now.
One day you will grow up and see that it's a dog eat dog world and that NO-1 should invest money into anything without re-searching it properly. You clearly talk of what you do not know, apart from dash EVERY masternode coin is a scam and every single one of the projects will fail.
They are a make money now thing and none will be around in the future and the devs of all of these projects fully realize that and are taking advantage of the current crypto economic climate. For example "polis" is well respected among newbie masternode holders but do you really see everyone using polispay in the future? Of course not because it simply will not be able to get mass adoption and tbh why the hell would anyone want to use it. All these projects are total rubbish.
At least osnwt's debate makes some good solid points and for the most part i don't disagree with him. He seems to understand the true reality of crypto as he has stated his problem is not with the coin but the dev himself.
But you just have a problem with the whole system and you don't even realize it. Do you think that people in the crypto space are not here to make money but to follow some sort of ethical guide? Well that's not how things work i'm afraid.
I'm not giving a speech about scamming is ok, i'm giving a speech about how to make money and not get caught up in the fanatic role or the policing the crypto scene role while the whales reap all the rewards. You need to get your piece of the pie to survive in this world it is crypto and full of drug dealers/money launderers/corrupt government officials and tax evaders not some ethics committee of girl scouts and church pastors.