How to know if a bitcoin trading is worth trusting? - page 5.

msarro

hero member

Activity: 788

Merit: 505

Quote from: bitprady on January 04, 2020, 11:23:10 AM

Hello all,

I am new to this whole bitcoin thing and know very little about it.

A few days ago I got added to a Telegram group which is run by a bitcoin & binary trader.

I am being proposed 100% ROI, with the trader claiming 95%+ success rate.

If I invest $500, I will get back $5000 within 5 days.

So, my question is - how do I know if this is legit or not before investing?

Their fees would be 15%.

Thanks

Rule of Thumb in any trading. Never do greed
If they can give you 5000$ for 500$, why they are doing on Telegram group. They must be billionaire and enjoying life.
No need to DYOR on this project. Just leave it, its defiantly a scam or ponzi.

ChrisPop

legendary

Activity: 2310

Merit: 1035

Not your Keys, Not your Bitcoins

A rule of thumb would be to use your common sense. Why would someone who is able to double his money in just a few days spend his time looking for people's money? It is an obvious scam and you should acknowledge the fact that 99.99% of this kind of offers are scams. Think about it: the biggest hedge funds in the world are very happy and exalted with a 15-20% annual return and they have many experienced traders working for them and scooping the markets for opportunities.

Jawhead999

legendary

Activity: 1834

Merit: 1208

Hello too
Welcome to bitcoin forum

The first i want to say, this topic should move to trading discussion not in bitcoin discussion

The second, it's to hard to trust the third person for our trading. They can take all of your bitcoin and go leave. I think the real trader instructor not asking the money first, but making the content and the way to trading.

CodyAlfaridzi

hero member

Activity: 1708

Merit: 541

I'm certain that's a scam. Report the group and leave. The offer just doesn't make any sense. If anyone could 10x their investment why would they ask for your money? Besides, trading is not that easy. You just can't make your balance 10x in 5 days.

bitprady

newbie

Activity: 2

Merit: 0

Hello all,

I am new to this whole bitcoin thing and know very little about it.

A few days ago I got added to a Telegram group which is run by a bitcoin & binary trader.

I am being proposed 100% ROI, with the trader claiming 95%+ success rate.

If I invest $500, I will get back $5000 within 5 days.

So, my question is - how do I know if this is legit or not before investing?

Their fees would be 15%.

Thanks

Topic: How to know if a bitcoin trading is worth trusting? - page 5. (Read 830 times)