{"id":394016,"date":"2019-08-22T21:00:55","date_gmt":"2019-08-22T21:00:55","guid":{"rendered":"https:\/\/ktsl888.com\/?p=394016"},"modified":"2024-06-11T13:24:38","modified_gmt":"2024-06-11T13:24:38","slug":"crypto-paid-group-scams-scam","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/crypto-paid-group-scams-scam\/","title":{"rendered":"Crypto Community Unites On Paid Group Reviews to Rid Market of Scams"},"content":{"rendered":"

One of the biggest criticisms over the crypto<\/a> market is due to its wild west environment where anything goes. It\u2019s allowed for the sale of unregistered securities, scams, and much more.<\/span><\/p>\n

While regulators sit on their hands<\/a>, the crypto community themselves are banding together to wipe out scammers and other less than savory characters from the market, and prevent the likes of paid group leaders from siphoning cash from crypto investors just seeking to make a buck.<\/span><\/p>\n

Top Crypto Traders Join Forces to Review Paid Groups<\/span><\/h2>\n

Paid groups and paid group leaders are a running joke across the crypto community, but also a very real reality that crypto investors run into on the regular. Given that many crypto investors and traders are down from their initial investment by a large margin \u2013 especially if they bought altcoins in late 2017 or early 2018 \u2013 they may be more apt to take steps, or even risks, to try and make that money back.<\/span><\/p>\n

Related Reading | Crypto Investors Believe There\u2019s More Pain Ahead For the Altcoin Market\u00a0<\/a><\/strong><\/em><\/p>\n

To accomplish this, many turn to the better traders and those highly vocal about their skills on social media and elsewhere. These traders often share charts, and post screenshots of their ROI or PnL, bragging about their gains and trading prowess. <\/span><\/p>\n

But it\u2019s not just boasting these traders are interested in, their win rate is shared as a form of marketing, hoping to lure crypto investors into paying for access to a private group that offers trading strategy training, signals, or some combination of the two. These are called paid groups in the crypto world, and anyone can start one and put up a facade of insane gains.<\/span><\/p>\n

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.@SatoshiFlipper<\/a>, @cryptorangutang<\/a>, @teddycleps<\/a> and i are happy to announce the launch of our platform aiming to bring transparency into this community \u26a1\ufe0fPaidGroupReviews\u26a1\ufe0f<\/p>\n

Over the next 7 days, we will be explaining the features with an official launch scheduled for August 27 pic.twitter.com\/jd6sdmDWpM<\/a><\/p>\n

— The Crypto Monk (@thecryptomonk) August 21, 2019<\/a><\/p><\/blockquote>\n