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Forex & Crypto scams are rife at present - beware
Posted: Mon Aug 12, 2019 4:12 am
by francisfinley stimpy
You can pretend you are a high flying trader on forums at the moment and many people are none the wiser.
There are a huge amount of scams going on in discord/signal/whatsapp/telegram groups and paid course chat rooms - never pay for anything.
All the education you need is online for free.
Please be smart - so many people in this industry are naive.
Crypto has introduced a whole new wave of scams.
I will post more videos over time but here is the first one
Re: Forex & Crypto scams are rife at present - beware
Posted: Mon Aug 12, 2019 3:52 pm
by moey_dw
francisfinley stimpy wrote: Mon Aug 12, 2019 4:12 am
You can pretend you are a high flying trader on forums at the moment and many people are none the wiser.
There are a huge amount of scams going on in discord/signal/whatsapp/telegram groups and paid course chat rooms - never pay for anything.
All the education you need is online for free.
Please be smart - so many people in this industry are naive.
Crypto has introduced a whole new wave of scams.
I will post more videos over time but here is the first one
thx francis............ looking forward 2 ur videos............. its so dirty out there right now more than it has ever BEEN
Re: Forex & Crypto scams are rife at present - beware
Posted: Tue Dec 24, 2019 11:01 pm
by peterso
Yaa thanks. We must come together and spread awareness regarding the scams so that we don’t fall prey to them.
Re: Forex & Crypto scams are rife at present - beware
Posted: Wed Dec 25, 2019 8:30 am
by fillpop33
francisfinley stimpy wrote: Mon Aug 12, 2019 4:12 am
You can pretend you are a high flying trader on forums at the moment and many people are none the wiser.
There are a huge amount of scams going on in discord/signal/whatsapp/telegram groups and paid course chat rooms - never pay for anything.
All the education you need is online for free.
Please be smart - so many people in this industry are naive.
Crypto has introduced a whole new wave of scams.
I will post more videos over time but here is the first one
I've seen this a lot lately too. I agree with the education side of things, the only thing you should be paying for is your time and the correct selection of material to help you prosper in the market.
I've notice some channels asking people to sign up with a certain broker, then follow only there signals. I smell scam written all over it.
(I'm new to trading, but I understand the complications and don't trust any group who follow the masses. I had a calling to become a professional, and I hope i go all the way.)
Re: Forex & Crypto scams are rife at present - beware
Posted: Wed Dec 25, 2019 11:20 pm
by mlawson71
Scams really are increasing, sadly. According to an FCA report,
UK citizens were scammed for 198 million pounds for 2018 alone and it was all forex, shares, bonds and cryptocurrencies scams. Let's see how bad the report for 2019 will be once the year ends.
Re: Forex & Crypto scams are rife at present - beware
Posted: Thu Dec 26, 2019 10:30 pm
by Torrie8
mlawson71 wrote: Wed Dec 25, 2019 11:20 pm
Scams really are increasing, sadly. According to an FCA report,
UK citizens were scammed for 198 million pounds for 2018 alone and it was all forex, shares, bonds and cryptocurrencies scams. Let's see how bad the report for 2019 will be once the year ends.
Its actually sad that nobody is able to control these fraudsters and if this trend continues, the 2019 report is definitely going to be an even worse version of this one.
Re: Forex & Crypto scams are rife at present - beware
Posted: Wed Apr 01, 2020 6:58 pm
by Bettle89
Tom_23 wrote: Wed Mar 25, 2020 6:33 pm
Something must be done to stop these scams. So many traders get into their traps and loose their hard earned money.
Well their number has grown to that an extent, that controlling them isn't easy anymore.
Re: Forex & Crypto scams are rife at present - beware
Posted: Tue Apr 14, 2020 5:02 pm
by peterso
Tom_23 wrote: Wed Mar 25, 2020 6:33 pm
Something must be done to stop these scams. So many traders get into their traps and loose their hard earned money.
I agree, even we should act responsibly and ensure that we don't fall prey to such scams.
Re: Forex & Crypto scams are rife at present - beware
Posted: Tue Apr 21, 2020 9:51 pm
by Ray Martin
True. It is on us to be alert from such scammers.
Re: Forex & Crypto scams are rife at present - beware
Posted: Tue May 12, 2020 5:42 pm
by joy.x.d
Ray Martin wrote: Tue Apr 21, 2020 9:51 pm
True. It is on us to be alert from such scammers.
You are right. We need to be aware and for that we need to keep our eyes open.