You are viewing a single comment's thread from:

RE: THE CFTC AND SEC WARNS PUMP AND DUMP GROUPS TO STOP; "WE HAVE THE POWER"

in #crypto6 years ago

The CFTC said it has received a number of complaints from people who have lost money in "pump and dump" scams. It warned people not to buy coins based on social media tips or adverts promising big returns. The regulator also told people not to take part in pump groups on apps like Telegram. why is that happening and what do you think about this

Sort:  

People need to really do to their own research and due diligence. Most of the time people fall for these scams because they are, desperate, gullible, lazy, and uneducated. If people studied the market they can see that there are many opportunities everyday. People need to learn that they are able to make solid investment decision with knowledge, money and patience. Just got to do the homework.

However, sometimes they best teachers are the mistakes we make. Learn from them and move forward.

Coin Marketplace

STEEM 0.16
TRX 0.13
JST 0.027
BTC 60728.87
ETH 2661.87
USDT 1.00
SBD 2.50