Undoubtedly this beginning of 2021 will be memorable in the history of cryptocurrencies and the stock market.
January started well, with cryptocurrencies rising and the stock market standing out with Tesla, but at the end of the month, Reddit changed the whole picture.
As we already know, a sector of Reddit coordinated to invest in companies whose shares had been falling for years and that the big funds took advantage of this to sell short and control the shares of these companies.
This coordination, at the hands of user WallStreetBets, caused a huge rise in the share price of AMC, NOKIA and above all GameStop.
This caused great alarm on Wall Street, and large funds saw that in a matter of hours they lost more than half of their capital. Without a doubt, Wall Street got a taste of its own medicine, and small investors were the ones who benefited.
All the commotion that Reddit caused made many people decide to be part of the event, and they decided to join WallStreetBets.
Subsequently, DogeCoin appeared. Elon already wrote on his twitter about this meme made crypto at the end of December, but at the beginning of February, DogeCoin made one of the biggest rises ever seen in the history of cryptocurrency, where many people invested for the first time in search of gold.
All this massive arrival of new investors, completely benefited the scammers, who have multiplied during these days and have also multiplied their profits.
Taking advantage of the arrival of newbies, they started to create profiles in which they promoted fake giveaways. These giveaways consist, as we all know, in that you have to send a certain amount of coins to a wallet, and theoretically you get back double or more of what you sent,
It has to be said, that behind such scam websites, there is a great dedication and investment, and novice people can easily believe what they say and get confused with an official cryptocurrency website.
I hope that new users who are not aware of this kind of scams can read this post and avoid being robbed.
