HODL - THE BIGGEST SCAM/PONZI SCHEME OF 2017
So by now if you're into the cryptocurrency world you have obviously heard the term HODL and how "EVERYONE" has become rich off of chaincoin.
The problem with this is that it has now begone a campaign to utilize all the literally useless coins by pumping them up and "HODLING"
Aside from Chaincoin which only succeeded due to a VERY strong and SEMI-honest community, the other coins people are trying to HODL are pure garbage and the communities are NOT in your favor unless you were invited to their private tea party hours before they decided what coin to buy and then promote.
Let's look into syndicate (SYNX) for a moment.
This coin is literally garbage and was promoted by the likes of "suppoman" the superhero of losing your money or whatever he goes by ?
Promoted to be the next Chaincoin they screamed HODL HODL HODL and aimed to achieve the $5 mark, the big whales who were told of this hours or days in advance in his private student program, purchased this crap coin at 0.01 cent or even less.
The majority of the fan base came in, purchased at the time "suppoman" posted his youtube video which was hours after he had sent it to his personal students as HE WILL SAY ON HIS VIDEO, and the Youtube fanbase got the video when it was around $0.70+ cents by the time he released it.
PUMP PUMP PUMP and DUMMMMMMMMMMMMMMMMMMMMMMMP at .85 cents.
Not a bad day for suppoman and his private students of course, they got in at .001 cent and you got in at .70-85 cents hoping to God this was a similar community to chaincoin.
I am not picking on this man only, there are a LOT and I mean a LOT of frauds out there but this guy has a track record of losing people's money and his personal students (who pay for his private program) will attest that these are all lies made up by douche bags.
The truth is, this group of people are nothing more than second rate robbers.
The bottom point, stick to the fundamentals, unsubscribe from people who tell you NOT to day-trade and then advise you & do the opposite on their videos.
Stop listening to people pumping shit coins as their favorites in order to get you in so THEY can get OUT, stick to the coins that have purpose.
Bitcoin, ether, LTC and a few others IF and only IF their business goals and blueprints are noteworthy.
With Segwit coming up on August 1st, we will see another MASSIVE wealth transfer, make sure you''re prepared by being on the right side with coins that have a proper business model.
The HODL community is a sharktank, enter at your own risk.