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Cryptocurrency scam is growing day by day. If you are new in the industry, be careful before investing money in an cryptocurrency.

Cryptocurrency scam is growing day by day. If you are new in the industry, be careful before investing money in an cryptocurrency.

The cryptocurrency market is going very popular these days. But the cryptocurrency scam is growing day by day. If you are new in the industry you must be aware of these types of scams.

Now let’s talk about how you can tell that a cryptocurrency is a scam That’s why our biggest problem today is when it comes to investing there are many cryptocurrency startups and most of them are SCAMs. So, if you’re ready for our topic today.

Now the question is how can you identify a scammer? I will provide you with different types of SCAM when it comes to and blockchain number here is what we call fake ico’s.

These are the ones who invest when you can earn 1,000%, 450%, 300% profit in ICO’s but once you invlaoji.orgest in it there is no value. There is a study in 2017 80% of ICOs found out that is a FRAUD And the most popular one here is Confido And the biggest ICO SCAM is SENTRAL, which has SCAM for $ 32 Million. That’s how much money they SCAM with people.

Now, how can we avoid this kind of scam?

Whether their support solves the problem or not? if not, it’s a SCAM. Does it have an exchange platform? Is that coin or token that you can convert to another cryptocurrency or currency? If not, it’s a SCAM.

Share or create a discussion with your friends or what community you’re in Join. What they think of the company or a cryptocurrency. That’s the way you can avoid fake ICOs.

So these are some important tips you should know before investing in cryptocurrency. Be aware of scammers. Do full navigation about the company before investing money.

Author & writter