Topic: He Lost His Investment. See what Happened! - page 7. (Read 1001 times)

No one is professional in crypto investment as your friend said because it is impossible to make fixed income from trading cryptos.

Don't trust the telegram groups that is the heave for scammers to trap people.

This is why i never trust anybody in here specially those people that encouraging me to Invest with them.

This must serve as example for everyone here to stop giving this scammers a chance of victimizing us when we have so many option to prevent from being one  by not trusting people without history here of good Good trust and trading.

First Never trust individuals to handle your money because remember your private key your Crypto so when you let others handled it for you then you are also giving them a chance to scam you.
Lol there are no legit on those trust me,stop fooling your self and never trust those random people asking you for service to gain.
Scam and don't believe what they say.

You can see stats given on how a particular trader do perform into its trade and thats the time you do chose up on which one should be the one to
handle out your money but majority of people here that this kind of system is just a crap one.

Never ever consider these signals.It would be much better if you do just make your own and wont regret in the end if that
said analysis of yours do fail rather than depending or relying on others call and making position and end up on loss which
is really a frustrating thing.

I dont know on what in the world is telegram escrow system. 

1. We don't know how to evaluate the capability and credibility of some individuals that claim that they can trade well than the other people because we are far away from them. We can believe in their skills, but I guess that will not be good for you to trust a stranger person that offers you to trade and share the profit with you.

2. I never use their services to trade because it is hard for me to see if they really have high-skills in trading. Besides that, I don't know if they can analyze the market with better or just copy-paste from the other guys who already share their predictions for the market.

3. I don't know about the telegram escrow system is a scam or not because I never use it.

Pro traders are not exempted for committing mistakes and having loses because even how good you are in trading and in doing analysis not all the time the outcome is what you expected it to be.

Im not into it, I mean its better to learn and be a trader itself without relying to anyone. It might not easy at first but eventually you will be use to it step by step.

Its likely a scam so dont trust easily and only look for reputed person offering escrow service.

First cross check your sentence above, I believe you were to say (a close friend of your's) see, let me give you an hint here is not every investment that is worth taking a risk for, now he doesn't have that mindsets that the money wasn't his money rather someone else. Which he never made a proper research of the investment he was trying to engage in or let's say he got too overwhelmed over the Money in trying to be greedy. He would have stick to his trading method. There is no guarantee to a trader who is a professional, thing's happen in crypto space NO one is a DON in this market.

I'm afraid there might be none at all. The safest way probably is to know for yourself how trading works, and then actually observes and discusses with the trader about how everything is done. If everything is done face-to-face and you are actually seeing how the trader is actually doing his/her analyses, and he/she creates orders while explaining every step of the way, then he/she is might be credible. But then this does not happen in reality as these transactions are oftentimes done online and through unreliable referrals and all, so it is better to avoid it altogether.


Most probably a scam.

First of there are so many telegram signal groups that are free and doesn't need to be paid however we should choose carefully and watch their signals if it is really worth to follow.
They would send some signals for free and you could check their last signals if their goal has been reach or are they just sending random coin and goal to their group chat.
The best way when it comes to trading is investment of time and effort don't let others do the work for you if you could also do it on your own.
Why would we rely on random strangers when we could also do it if we really want to earn we have time to train ourselves,Time to learn how to trade properly so we don't need to be hasty when it comes to money.

The world of cryptocurrencies is full of methods and methods of fraud and no one can be trusted with absolute confidence. Many sites claim profitability by investing in them, we notice that they pay for a short period and then run away with the investors ’money, so do not trust anyone, especially on the telegram because it is full of scammers.

Undoubtedly it is a big loss for the investor. If I was in his or her position I would have lost it but, trading is always risky and things can go wrong sometimes. I have avoided trading because of this reason. I am not a risk taker niether am I eager to make money fast. I believe in holding and selling or buying at the right time.

I would not recommend you joining a trading signal. It is very risky and there is no guarantee that you will make profit.

They're no such thing as professional traders here, they may have the experience to trade, but it doesn't mean that they are going to make profit everytime in bitcoin as it is very volatile. And the worst part of it, maybe your friend was sweet talk by this so called expert trader, so obviously this is just a scam attempt.


Don't bother to put money on those trading signal groups.


Don't trust verify. Besides, what the hell is telegram escrow anyways. Maybe it is just part of the whole scam attempts by cyber criminals, don't fall for it.

Seriously this is not a good thing to do, especially when you have a huge fund. You need to think carefully on how you will get some decent amount of income from that, don't think to get a huge amount of money in a single investment and we don't need to trust other people for our money, instead, if we want to earn safely, we need to learn how to trade by ourselves. so that we can stop ourselves if things don't go as we planned and think for another solution or strategy.

When it comes to trading, giving your money to so called "professional" traders and hoping that they can make your money multiply is a bad idea. If they can do it and they have no intention to scam people then why do they need using their own money. In trading, it would be better if you will be the one to trade instead of unknown people.

Around 99% of services like this are purely scams. Trading services and signal advice are just shit and don't ever try to join their channel.

Like I said, 99% of the services that are being offered in telegram are considered scams so this is one of them too. There are many escrows here and they are trusted already. Instead of going to telegram, why just PM an escrow here.

There are a lot of people who try to trade, learn, and get losses. I think that's natural to happen and what people need to do is learn from their mistakes and start again. What happened with this was there's a person who is "TRADING" for YOU and you have in no way responsible for what happens with the account that they have or where they invested in it.

I experienced this personally but I didn't get scammed. I trust the person but the reality is that there's no sure thing in trading. Whether you experience the profit or loss, it's still up to the market to determine if you were correct or not. You can't really blame the trader completely if he lost the trade. It's the risk management should be evaluated.

Not everything is a scam but a lot of them are. Some are even reselling the "signals" coming from another signal service. That's whack, right? Just learn and probably you could trade for yourself. Tell these to your friend.

If you are already in Bitcoins and are a trader then you should know well enough to not trust anyone .
The thing is in Bitcoins you don't need any central authority to control and monitor you , therefore you don't have to go to someone else , you can very easily do everything by yourself.
Just understand that people who promise things like that are 100% of the times scammers .
This is another benefit of Bitcoins * you don't have to be dependent on someone else * so , just use this , stay away from fake promises.

As aviks so rightly puts it,,, everything is a scam.

Assume everything is a lie, and you will be fine on the internet. If anyone tells you anything that you cannot verify on your own, it is a lie.

There is no such thing as Telegram escrow. No such thing as guaranteed signals. No such thing as guaranteed profit. Learn fast and well,,, crypto plus internet plus greed are very dangerous combinations.

It's really hard evaluate people on their self claim.
And if you are not confident to evaluate some information by yourself it's easy that you get fooled.
Most of the times there is a simply gold rule: "If something seems too good to be true, it probably is not."
And if someone is able to get these "big earnings" (stable/fixed etc) why they are searching money from strangers on the web? It would more profitable and easy get money from friends and family.[@Wenbing of course they need to "scale" their business but why asking for hundreds of dollars by several users on the web and not asking directly to a bank? it's time consuming collect money in a such way....]
This is the same way and (fake logic) that ponzi use to operate. If they were so "profitable business" (they earn money faster then repay a debt) why they are collecting money on the web?!

These are just scam. Why they are selling and not using these information for a good trade?
- They collect money (selling "information") - scam - ban users
- They promote tokens - these tokens are heavily dumped
- They promote "buy A" in a chat - "sell A" in another chat (however they will win since it's like flipping a coin at a certain point)
These are only some of the way the act. It's like people that try to sell their betting predictions...

This has been discussed here https://bitcointalksearch.org/topic/telegram-bitcoin-escrow-bot-5210233
I think that an escrow should have a clear history of trade/reputable and so over.
I will not make a trade using a bot as an escrow.