k Followers, 2, Following, 1, Posts - See Instagram photos and videos from Trading | Bitcoin | Cryptos (@bullsoncryptostreet). Feb 11, · South Korean scam BitKRX presented itself as a place to exchange and trade bitcoin, but was ultimately fraudulent. The fake exchange took . Nov 05, · Welcome to a cryptoinfluencer crypto trading guide where we will list the top Bitcoin traders on Instagram. We will list 8 investors and crypto influencers on social media that you should follow. Being the top account does not necessarily mean .
Bitcoin traders on instagramTop Bitcoin Traders on Instagram - 8 Investors and Influencers to Follow
Although the name implies Dash cryptocurrency, it does take many others into its investigation efforts. Datadash provides tech analysis for everything crypto-related, the account also has a YouTube channel for followers to check out.
Although Datadash diversifies his portfolio, most of his analysis and trade come from Binance platform, which he recommends as a top crypto trading site. Datadash has over On Instagram he is not too active and there are no technical analysis presented on Instagram because the forum is not appropriate for that compared to Youtube. Also, see the most popular video published on Youtube by Datadash. Its a couple of years old but some information is timeless and there are some great key-points you can get from this video.
For those interested in signals, Cryptocompass is the account to follow. Crypto trends happen rapidly and suddenly, what with its highly volatile market. With almost 2. This profile focuses on top cryptos and usually on technical aspect only. Cryptocompass usually focuses on altcoin trade within Bittrex, a platform that holds an abundance of tokens and smaller cryptos.
Follow his Instagram and a Telegram channel to get market signals but keep in mind that self-analysis is necessary as well. You should go for the Cryptocompass telegram channel since their Instagram account only publishes famous quotes and headlines. For starters that need data for fundamental analysis and crypto price predictions , koreanjewtrading would be a good spot to start at.
Followed by 6. Thus, if you want to go deeper into the market, this profile should be within your radar. Bitcoin is primary crypto that KJT works with but there are posts that touch upon specific alts. Another thing to keep in mind when it comes to paying for products is to avoid bank wires and crypto transactions , as they cannot be reversed, as mentioned in the previous step.
Scammers rarely use anything that belongs to them, as mentioned on the example of product photos. If there is any reason to doubt the deal or the seller, users should contact the crypto exchange provider and ask for a confirmation, as these providers typically do not deal with e-commerce. If you suspect that something may be wrong, do not forget to flag the account and report it to both, the app as well as the law enforcement authorities.
It is possible to report the incident via the web as well, which means that users should do it as soon as possible. Also, users should keep in mind that scammers constantly change their tactics and that they should be on the lookout even if there are no signs described here during their business dealings. A freelance journalist, with experience in web journalism and marketing. Ali holds a master degree in finance and enjoys writing about cryptocurrencies and fintech.
Ali's work has been published on a number of cryptocurrency publications. E-mail is already registered on the site. Please use the Login form or enter another. You entered an incorrect username or password. Avoid New Crypto Fraud Campaigns on Instagram 1 Remain Skeptical It is known that high-end products tend to have a certain price, which is why the offer to buy them at a discount ends up being so alluring in the first place.
Ali Raza. Add a picture. Choose file. The basic idea is that investors hype up or "pump up" a certain bitcoin - that is usually an alternative coin that is very cheap but high risk - via investor's websites, blogs, or even Reddit, according to The Daily Dot.
Bittrex, a popular bitcoin exchange site, released a set of guidelines to avoid bitcoin pump-and-dump scams. While "stackin' penny stocks" may sound like an appealing way to earn an extra buck thanks to its glamorization by Jordan Belfort , messing in bitcoin scams is nothing to smirk at.
With the inevitable rise of bitcoin in current and coming years, it is becoming increasingly important to understand and be on the lookout for bitcoin scams that could cost you thousands. As more people become interested in Bitcoin, more people are also likely to try and pull off a scam.
There is no one formula to avoiding being scammed , but reading up on the latest bitcoin red flags, keeping information private, and double checking sources before investing in anything are good standard procedures that may help save you from being duped.
Cryptocurrency can be a confusing topic even for the experienced Bitcoin enthusiast, so the more you read up on the world of Bitcoin, the more prepared you can be. After all, knowledge is power. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. I agree to TheMaven's Terms and Policy. What Is a Bitcoin Scam? Top 7 Bitcoin Scams There have been and undoubtedly will be nearly countless bitcoin scams, but these frauds make the list of the top 7 worst bitcoin scams to date.
Malware Scams Malware has long been the hallmark of many online scams. Fake Bitcoin Exchanges - BitKRX Surely one of the easiest ways to scam investors is to pose as an affiliate branch of a respectable and legitimate organization. Ponzi Scheme - MiningMax "Ponzi bitcoin scam" has got to be the worst combination of words imaginable for financial gurus.
Fake Bitcoin Scam - My Big Coin A classic but no less dubious scam involving bitcoin and cryptocurrency is simply, well, fake currency. The famous DJ wrote his support in a caption on Instagram back in Bitcoin Gold Scam - mybtgwallet. That is exactly what mybtgwallet. Pump and Dump Scam While this type of scam is certainly not relegated to just bitcoin thank you for the education, "The Wolf of Wall Street" , a pump-and-dump scam is especially dangerous in the internet space.
How to Avoid Bitcoin Scams With the inevitable rise of bitcoin in current and coming years, it is becoming increasingly important to understand and be on the lookout for bitcoin scams that could cost you thousands. By Rob Lenihan. By Fatma Khaled. By Joseph Woelfel.