MLM Crypto Currency beware
Today I have been seeing more and more MLM trying to make it using Crypto Coins and it getting externally confusing . Most of the site will stay up for a month or so to show a payout and then shut down . With promises of daily returns of 5%-10 % seem highly unsubstainable and it is . Be very careful and never sink a tone of cask into it expecting your retirement because the joke will be on you. The operators of sites like Betrobot , Gladacoin ..and the list goes on and on , the praybon greedy people like you, who think it's really going to happen after you have received some money , then you convince yourself...self let's go for it and you sink in $20K the. a few days later the site will say something like , we have been hacked and working on reopening soon...well that's the beginning of the end my friends . Watch out not to be a victim , if you want to play, put what you don't mind losing and be very careful on telling your friends about it because if they sink in the big dollars and the site shuts down, it's all on you. They will have no one else to blame. 
(
)
"With promises of daily returns of 5%-10 %"
No cryptocurrency can promise any returns in terms of fiat money.
If someone is trying to sell you their coins, I would head back to bitcointalk.org and do a search for the ticker name in the top right search bar...
https://bitcointalk.org/index.php?board=159.0
If its not listed here, I would stay away.
But, that, is just me.
Thanks for the site info, its very useful.
One of the great things about Steemit is it is censorship resistant, but it can be a double edged sword when used to scam people. Please be careful and do your research. You know what they say "if it sounds too good to be true it probably is".
I agree, we have to use common sense however people are very open to trying something because they are so in need of an extra income.
Welcome to Steemit @papadopoulos :)
I am a bot that greets new users of the community.
Make sure to participate in this weeks giveaway to get known in the community!
Here are some helpful resources to get you started:
If you have any questions about steem, just ping reggaemuffin, the creator of this bot with your question :)
If you find this bot helpful, give it an upvote! It will continue to upvote introduction posts. Your upvote will give it more power in that. If you think you have something all new users should know, please tell.
See what this is all about and support the bot: SteemGreet the second - submit your links!
Welcome to Steemit :)
I follow u, follow me back if u want lot of fun and amazing picture every day.