SCAM COINS AND PONZI SCHEMES!
Being new to the crypto space can be overwhelming, lots of mistakes to be made, and lots of lessons to learn. Some lessons are worth learning upfront, versus paying for it later...literally. Someone shared a short list of scams with me, and I thought new folks in this space would find it beneficial.
BCC Cash (not Bitcoin Cash)
BCHconnect
Billion Bit Club
Binary Coin
Bit Sequence
BitAI
Bitchamps
Bitclub/clubcoin
Bitcoin Ascension (pyramid scheme)
Bitconnect X
Bitether
Bitfinite
Bitfintech
Bitglare Coin
Btchash
Btc-Rush
Btcwait
Chrysos
Coinrium
Cointeum
Coinspace
Dascoin
Davor
Ecomcash
Eigencoin
ETHconnect
Etherbanking
Exacoin
Falcon Coin
Farstcoin
Ficoin
Firstcoin
Forzacoin
Futurecoin
FUU Coin
Gold Reward Token
Goldgate
Hedgeconnect
Hextracoin
Home Block Coin
HotCrypto
Hydrocoin
Ibiscoin
iCenter
Ideacoin
iFan
Iotaconnect
Knox Coin
Legendcoin
Lendconnect
Lendera
Libra Coin
Liteconnect
Loancoin
LoopX
Martcoin
Moneroconnect
Monetize Coin
Monyx
Neoconnect
Numiv
Oalend Coin
Onecoin
Pagarex
Purpose/DUBI
Regalcoin
Rothscoin
Secular Coin
SFICoin
Steneum
Stepium (pyramid scheme)
Swisscoin (pyramid scheme)
Tenocoin
TEX Coin
Thorn Coin
Ucoin Cash
Unix Coin
USI Tech
WCI
Western Coin
XRPconnect
That's useful. I'm sure there's many more that could be added, there's lots of coins that just get pumped and dumped. Everyone needs to be cautious. While there are lots of good opportunities to make money, there's probably many more ways to lose it.
Due diligence is something that is always recommended, but sometimes people just get overly excited from all the hype.
And people think that it is easy to become millionaire with crypto. No, but is easy to lose your money with scams. Great job. Following.
this is much useful information. thanx for sharing
thanks, pls upvote :)