Hey everyone, I’m curious about crypto and forex “signal” groups — are they legit or mostly scams?
This comes from a personal situation. An old friend of mine became an influencer and recently started promoting a Telegram group ( his grup ) encouraging his followers to trade with him and his “team of traders.”
I'm curious to find out whether this friend of mine has stayed true to his moral values, or if he is now trying to profit from the influence he has built.
And why are more and more influencers doing this? What’s the scheme behind it?
How do they actually make money if the Telegram group is free?
PS :
I’m not a trader and I don’t know much about trading. I’m just a regular guy trying to understand the truth behind all these groups
i hope this is the righ place to ask this questions
Posted by SquareGazelle6881
1 Comment
They are all 100% scams. There are so many of them, they are constantly changing names and you should avoid every one of them.
They can profit from pump and dumps, from sale of VIP accounts, from sale of fraudulent crypto schemes, from luring victims to fraudulent financial exchanges, and from many more ways.