Rishaan Burman
1 min readOct 7, 2021

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Increasing crypto fraud

Due to the failing economy and a consistent lack of funds, rookie investors are prone to making rash judgments without considering the consequences. Cryptocurrency and crypto trading have become one of the quickest ways to make money while also being one of the quickest ways to lose money.

Decentralized control is common in cryptocurrencies, which makes it simpler for them to be exploited for fraudulent reasons because the mechanism makes it difficult to track the owner’s identity.

Some of these con artists will teach you how to trade bitcoin, while others may pose as an investment firm or even ask you to purchase certain things from them.

There’s no doubt that crypto trading is one of the best ways to earn money or profit, but it’s also vital to remember that this isn’t a get-rich-quick scheme, and profits and losses, as well as the rise and fall of prices, are all part of the game.

As a result, it’s critical that you learn from a respected academy that is solely focused on teaching rather than on defrauding you.

Also, do your best to be careful and cautious of where we invest, as high percentage returns are often used to get you into business involvements.

It is critical to also do a thorough research before starting a business of this nature.

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