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MineralMan

(146,248 posts)
17. Yes. There is a need to get smaller investors involved with cryptocurrency.
Mon Feb 14, 2022, 03:37 PM
Feb 2022

Those smaller investors will provide genuine currency in exchange for cryptocurrency, but without actually understanding the cryptocurrency at all.

So, they're saying, essentially,

"Here. Give us some government-backed money, and we will give you a reference to some cryptocurrency in exchange. There are no guarantees that you can get your real money back, but we will tell you that the value of your cryptocurrency will rise. There are ways to get real money for your cryptocurrency, of course, but we won't tell you exactly how to do that. Why would you, if your investment keeps appearing to be growing? It's a good deal for you. Trust us. Invest just a little real money and watch. We know you'll want to invest more because, as we said, 'It's a good deal for you.'"


Be afraid. Be very afraid. Don't invest more than you can afford to lose suddenly.
Latest Discussions»General Discussion»Is it just me or did Cryp...»Reply #17