My Friend Lost $20k In a Crypto Scam. Avoid His Mistakes.

Would you invest in this crypto scam?

Why Steve was the Perfect Crypto Scam Victim

ACChain, Bitconnect, Plexcoin, Pincoin, and Savedroid are famous Crypto Scams that caused total losses of $4.5 billion.
ACChain, Bitconnect, Plexcoin, Pincoin, and Savedroid are famous Crypto scams that caused total losses of $4.5 billion.

Crypto Scam Rule #1: If It’s Too Good To Be True, Then It’s Not True.

#2. Research A Cryptocurrency Before You Invest In It.

Click me.

#3. Never Go All In. Ever.

  • As mentioned before, at that time Steve had no job. So there was no stream of income he could fall back on in case he needed money. For such cases, it is vital to always keep a stack of emergency funds.
  • Also, he had two children and his wife (who was sick and not working at that time) to take care of. It’s one thing to gamble with your own future. But it’s a totally different thing if your family depends on you.
  • Last but not least, it’s also wrong from an investment perspective to bet all your money on one horse. You should always spread out the risk.

#4: Never Ask Your Family And Friends To Borrow You Money For An Investment.

What the end of a Crypto Scam looks like.
What the end of a Crypto scam looks like.

Crypto Scam Rule #5: Don’t Be Greedy, Know When To Finish.

The Aftermath

Final Words

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Garbage man turned millionaire 🗑️➡️💰 Teaching you how to research & invest in crypto 🔬🔑📈 Follow me on Twitter: @ren_heinrich

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Ren & Heinrich

Ren & Heinrich

Garbage man turned millionaire 🗑️➡️💰 Teaching you how to research & invest in crypto 🔬🔑📈 Follow me on Twitter: @ren_heinrich

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