Categories: Crypto Scams & Fraud

“‘Trading is a scam’ is a common opinion, usually backed by someone’s bad experience



“‘Trading is a scam’ is a common opinion, usually backed by someone’s bad experience. The truth is, trading has existed long before the social media, and there are highly successful traders out there. But let’s be real—it’s probably not your cousin who’s been trading for 3 years and is telling you to ‘come get this bag, bro.’ It’s probably not someone who just discovered a secret strategy out of nowhere, and it’s certainly not someone who can’t show you some sort of result. It’s likely not someone constantly hopping from industry to industry, chasing the next ‘wave.’

There are great traders out there, some of whom do monetize their time and knowledge, whether through network marketing or their own private courses. Want to know if something’s a scam? Talk to the people who’ve actually done it, not your aunt who couldn’t pass high school math and has worked the same job for the last 15 years. She’s probably not open-minded because she’s comfortable in her routine. Instead, find the people who’ve taken the courses, done the education, and don’t get paid to say positive things. Give it a shot—but remember, you can learn on your own.

And here’s the last#forex point: if you’re not willing to put in years of effort, don’t even start. You won’t get rich quick, and you’ll just become another person claiming ‘trading is a pyramid scheme.’ That’s like saying apples are bicycles.”

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