 What is going on ladies and gentlemen welcome back to Bitcoin daily today? We got something something new cooking up as you guys can see we got a different camera a different kind of a different setup Going on here today. So you'll you guys will see something a little bit different Let me know how you guys like it in the comments. Okay, so let's just jump right into it Today we're talking about how to avoid crypto scams There's so many scams on them in the market right now and not just now, but forever at this point it feels like That that people just fall for over and over and over again So today we're gonna cover the most common scams that you can run into And hopefully so hopefully you guys, you know don't fall for those and and if you have hopefully you guys have learned From those mistakes and you don't fall from you know fall for them going forward. So let's jump right into it guys Hopefully you guys can hear me good. I think it should be good Hopefully you guys can see me good. Let me know what you think we got we got a new camera. We got some new lights So the setup is coming together slowly, but surely I So let's jump in. So the first thing I want to talk about let me pull it up here So the first thing I want to talk about is Instagram so most of you guys Probably found us through Instagram And if you found us through YouTube then we'll get to that next but most of you guys probably found us through Instagram If you guys look at any of the posts on Instagram You're gonna see that the post most of the comments are just spam So let me show you guys an example So this is my Instagram page, right Bitcoin daily So if you go to One of these posts, you know, it doesn't really matter which one you're gonna see this in every post and make sure you guys can see it Yep So if you start scrolling down, let's see See This is not a good idea never say things like this Um, can anyone help because then you get replies from these weird people Stacey babe FX Look at state. Let's take a look at Stacey babe FX. Look. She says DM. That's the first thing one If they ask you to DM them That is a scam folks Invest with Sherry FX if they have FX in their name. They're a scam folks If they have Forex in their name if they have binary trader Anything along those lines guys. It is a scam. Look at this Stockbroker crypto coach and entrepreneur Guys This is an obvious scam. These are super fake photos Super obvious This is a fake profile She's gonna DM you give you Telling you that to give her a hundred dollars and she will turn it into a thousand dollars in seven days something like that That is a scam guys Next People like this peace cruise. So they post a fake What do you call it? Um? They're always posting fake, you know testimonials, right? So I never believe I can get my profit back after investing my last money losing hope I have been duped by you. Thanks for $4,000 profit. I appreciate So guys that is a scam. That's a fake testimonial. Look at just look at this page This page has no picture zero posts zero followers zero following. This is fake guys That is a robot the same thing here another fake spam comment saying We want to make you Make you a good and rich person in life. Trust us You get your profit in two hours if you invest 50 you get 550 if you invest 100 you get 1250 invest 200 get 25 invest 500 to get 5500 and then they post some sort of link, you know, and and they even put it in Spanish Wow They're very dedicated Scammers so guys these are all scams. It is Terrible for Instagram, and I don't know why Instagram continues to to let these spam and scam accounts, you know continue but This is a huge scam. That's been a very big problem probably for the last two or three years Where people just post all sorts of stuff. They're gonna they're always spamming the comment section And I guess they spam it because people fall for it and it's working. So I mean why else would they do it, right? um Guys just use a little common sense, you know Most of these are fake and these here can someone please help me with at least $50 that this is this is called some sort of Something begging. I forgot that their term for it is like internet begging or something and these are just basically bots That do this and they'll spam every account to spam your DMs. They'll spam the comments looking to get money and You know and they they do because they keep doing it. So I imagine that they do So yeah guys anything that says investor Richard right or invest with Richard Anything that has to do with anything like that. It says anything about account manager Look at this guy. Holy fuck so many scammers in the comments. Yep That is unfortunate and guys we got tired of deleting all the scam all these spam Comments and reporting them they Instagram takes up to six to ten twelve months To ban an account that we reported so we get notifications sometimes from accounts that we reported a year ago of obvious spammers like this Look at Evelyn with four-posed You know and spamming these accounts with a fake testimonial every uh, see see there's another fake testimonial saying to go follow This person with effects in their name. I can't believe I will pay all my bills and get to my stand now Those are all scams guys anything in the comments like this is scams Another thing on Instagram is DMs if you follow a any type of crypto page or if you're following including my page You will get people random people following you saying that they're account managers and all this other stuff and brokers or Traders whatever it is and they will DM you asking you to invest with them If anybody asked you to invest with them they are a scammer if they ask you to invest with them It is a scam nobody for to invest in Bitcoin or crypto You don't need to send your money to anybody you invest directly with the exchange You you buy crypto directly into your wallet. You do not send your money to somebody, okay? So anybody asking you for crypto in order to invest. It's fake guys. Please don't fall for this We've told you guys about these so many times. So the next thing is a YouTube Spammers and scammers right so if we go to my YouTube page Let's look at the most recent video. I did that I released yesterday, right? And I'm sure if you guys look in the comments right now of this exact video. You're gonna see Spam comments and scammers as well. So here we go Look at Finn cook and then it says some ridiculous super long thing, right? And then at the end it always tells you contact whoever on Telegram sometimes it'll say what's app and it'll post like a what's app numbers You know and then what they do they they have more bots So this bot makes this post creates more bots to like its post to send it to the top of the comments and then those same bots Reply to the post with more testimonials So look at this. Oh, yes executing Vint Howard signals in your trade is extremely effective I gained 7.8 BTC and five weeks trading every day except weekends understanding the market a da da da so Look at this 0.5 BTC I made one BTC in three days Vint Howard is an excellent trader da da da Managing my portfolio has been my biggest mistake contact him. Da da da Vint Howard is excellent trader It's been negotiated for two months. I'm happy with Vint Howard And then we have a smart guy right here will be this stuff is a scam if you read my comment Don't listen to them. Thank you will be Will be I'm giving you a thumbs up and I am writing your reply Indeed So as you guys can see there's a lot of spam and scammers on not only Instagram, but on YouTube as well Here's another one Catalina Gomez. I have experienced high numbers successful trade since I started with Elizabeth Lopez and her signal are 90% wins BS Yes, I did try him. He said him When it's obviously a girl and it's such it's it was worth it. I Can only testify that I made $5,000 in two days that is a bell signal lesson So guys these guys not only are they spamming all these all these these scams But then they have other bots that you know our testimonials for for the spam that they just did So these guys are very well put together and thought out They will take your money if you if you're naive and you know fall for it So that's the second one guys Please be aware and be careful with the Instagram be careful and be aware with the YouTube spam in the comments Just avoid comment sections all together as far as getting any type of advice from comment sections Um If I don't reply to you, you know straight up just me and you like you don't see my name Then it's not me. Also. There was a fake Bitcoin daily account Somebody made a fake Bitcoin daily account and they were replying in the comment section to anybody that wrote a comment about the video They were replying to them and saying as you know pretending to be us they would use the same photo it's a Bitcoin daily the whole nine and It would say hey let I can show you how to do this DM me or you know, call me on what's app whatever it was So be careful, you know If you get a reply from us and make sure double check that it is us make sure check that they have videos Check the subscribers so that you see that it's obviously us their page if you would have clicked it You were saw they had no videos no subscribers no nothing So that's one way to double check that if you do see that Other guys were almost at 20 likes on this video. Remember if we hit 20 likes we trigger a What do you call it? What you might call it a free membership giveaway, but nobody's answered the question of the day So I guess I'll give myself a free membership giveaway. Um, the next one Let's see Mining Bitcoin online So if anybody the same thing if anybody DMs you sends you a message or anything saying that they mind Bitcoin Don't mind Bitcoin for you all you have to do is give them a $500 investment and in seven days to turn it into $5,000 guys that is BS That does not exist if that were real then they wouldn't need your money because they'd be taking their money and turning their $500 to $5,000 and turning their $5,000 to $50,000 turning their $50,000 to $100,000 So why would they need your money? You know what I mean? So if they're pitching to you, you know mind Bitcoin online this and that it is fake I can guarantee you There are some Ways of cloud mining, but they're not even profitable. There was like I remember there's a website this one right here hashflare.io and everything's out of stock and it wasn't even profitable There was another another one Genesis mining. I know this one is legit as well, but I think it's the same thing I think everything was you know Was out of stock I haven't tried this in years because I stopped you know, these are all out of stocks as you guys can see so so yeah, so it Most of these most of them are BS they are a few real ones like Genesis mining but as you'll see they are out of stock, right if people can mine Why are they gonna give you the mining power for when they could just make profits for themselves? You know what I mean? So it doesn't make sense. So the next one account managers So, you know along with what I was saying people DMing you people saying this there's all these account managers Binary trader account managers and binary traders, right that they're always telling you all this BS I'm saying that if you give them X amount They're gonna 10 exit in the next day 24 hours 48 hours seven days, right whatever right then Once that time passes they're gonna tell you and though you can send you screenshots, right saying oh my god I turned your $500 into $5,000 However, there's this and this broker's fee that we need to pay right so then you send them more money to pay You're thinking I'm getting $5,000 sure. Here's another hundred to pay for the fee Then they come back and tell you all right now to take out your money It costs this and this much so you need to pay this fee in order for me to be able to take out mine For me to be able to take out your money and send it to you So then you pay them another fee and then boom they disappear or they tell you there's more fees They're gonna kind of continue to string you along. They'll send you screenshots They'll send you whatever you need to see in order to believe it To get more money out of you guys it is all fake. It is all a scam It's unfortunate and I wish there was a way that we can you know Get these people banned and you know Prosecuted but most of these people are not in the US. They're all over, you know, who knows where? And they're fake. They're all robots. They're fake people. So Just keep that in mind and then the last thing is Um Just guys use common sense Anything that appeals to any anything that's a very super appealing return Anything that sounds too good to be true It's almost always fake, you know what I mean? I get so many messages every single day Hey, have you heard of this company investment company? Are they real? Guys, they're all fake if you have to like the the rule of thumb You should probably use is if you have to ask me if they're real or not, then they're not real they're most probably not real and Also going back to account managers if you just type the account manager, there is binary account manager, right? Anybody that you see that says this binary trader binary account binary whatever account manager Bitcoin mining this Forex credit trader literally hits all the things, right? Look at this picture of this fake money total balance a hundred and twelve million dollars if they have a hundred and twelve million dollars Why do they need a five hundred dollars from you, right? Fake screenshots guys just a bunch of fake screenshots, right? They're gonna have all these fake testimonials Everything is fake guys. Do not believe any of this. This is all fake. These are all fake fake fake fake fake, right? So so yeah, so anything guys just use good common sense anything that sounds too good to be true It is in crypto if you want to make money There's a few ways one is just buying Bitcoin and Holding hot only right so you just buy your Bitcoin you get your Bitcoin into your wallet and then you just let it see and With time this is a long-term investment with time that its value is gonna go up, right? So as its value go up, that's how you make money So you're whatever amount you have that you're holding goes up as well, right? So in March when the crypto window when the pandemic started if you would have bought one Bitcoin at four thousand dollars You would have bought it boom and just left in your wallet right now today. It would be worth Um Where is my charts? It'll be worth fifteen thousand eight hundred and thirty dollars, right? So you would have you would have made eleven thousand dollars in a matter of what like less than ten months So that's how that's the main way that people make profits in crypto. The second way is mining in order to mine you have to Buy mining equipment there's space there's special very specific equipment For mining that you must buy and set up There's a special and specific rig that you must buy and set up at your home and use your Electricity in order to mine and get profits back, right? and It is not very profitable in most places so for example in the US mining is not Profitable, so I don't mine, you know You have to be somewhere in a country where electricity is very cheap in order for that to be profitable So in the US not many people do Bitcoin mining because the electricity cost is You know makes it not profitable for you The third way is trading right so trading is what I do other than Holding Bitcoin I also trade Bitcoin and that's the third way where you can make profits now in order to trade You have to have you have to be knowledgeable. You have to know How to trade which it's a skill, so that's something you have to learn There's a lot of different ways is a lot of free stuff online including on my YouTube channel That'll get you on the path to becoming a profitable trader and learning how to trade You just have to put in the time and work in order to get there, you know what I mean and Yeah, and that that's pretty much it those are the three real ways that people make money from Bitcoin Then there comes things like you know affiliate marketing and and you know stuff like that, which is not It really has nothing to do with Bitcoin itself and making profits with Bitcoin So that's pretty much it guys. Those are the three real ways to Make money with crypto avoid everything else because everything else is a scam guys That's pretty much it before you invest your money into anything do a Google search at least at minimum first, right? You have to do your research Don't come back after saying that you got scammed for a thousand dollars You didn't do your research if you don't use common sense That's gonna happen guys don't go after the easy money Don't go after the quick money because that's not what's gonna work for you. That's that's almost always fake, you know, so Just do your research Avoid anybody that's DMing you, you know Avoid anybody's giving you a super appealing returns and void anyone that says they're account manager in order to be an account Manager, you have to have a license, right? You have to have a company a real company and have a lot be licensed and all this There's so many hoops that you have to jump through in order to be an account manager Trust me those people are not on Instagram Messaging people in the DMs or in the comments. So That's basically it guys. I hope you enjoyed this video The question of the day is going to be what are the different type of Crypto scams that you see the most common ones that you see in On you know in in the crypto space So that would be the question of the day remember drop your answers in the comments, right? Like the video Make sure you're subscribed to us and then hit that like button because once we hit 20 it triggers the giveaway So that's it guys. Hope you enjoy yourself. Hope you guys learned from this That's pretty much it I hope you guys like this. I hope you guys like this this new setup Let me know you guys think about the setup. All right guys as always peace and love