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RE: Trading Advisors Are (Most Likely) Scamming You

in #steem8 years ago

Where's my crystal ball? :) Cryptos are like penny stocks. Remember that 80% or more of the cryptos will go nowhere in the long run, so you're better off at a casino. All the technical trading stuff is interesting, but the volumes are so low and easily manipulated that all you can do is guess where the big money is moving. Fortunately, we already know we have a big score with Steem/it...just have to keep building and promoting it!

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I think it is important for newcomers to understand at least the basics. The technical stuff are as interesting as following constellations for making life decisions. They are deceptive. Steemit is here to stay. I believe this to. Nonetheless, people have to feel at ease before joining.

Signing up for a steemit account is free. Posting is free. What ease?

The cynic me would wonder if all of the low volume potentially manipulated Cryptos are being purposefully manipulated so that "our friends from the Government" can save us from ourselves. Or just set things up so that the person on the street decides to stay away from that invisible money thats made "from thin air" unlike this dollar I'm holding in my hand.

The government invented crypto, didn't it? Satoshi was NSA. Just another way to keep track of us :)