I had a particular conversation with a preponderant Investor in my country and during the chat I understood that the subject in question doesn't know nothing about crypto but already bough a portion of BTC and was ready to invest in a Scam scheme! The Bitcoin he had on wallet, he bought with a help of a cousin living overseas.
Well, when I heard all that, I concluded that my fellow neighbor is a part of immense lack of knowledge about the crescent interest of "dubious" investment firms targeting emergent countries that seems in BTC as opportunity to make easy and fast money thru this companies.
I did my Samaritan work and explained to him what scam business are and why they are on lookout for Africans and that behaviour coming from this "companies" won't stop and plenty of people will lose their money. The thing is that neither explaining to him about all the consequences coming from business like the one he intended to put the Bitcoin on, I believe that he will invest that money!
But why he will do that?
Easy, Humans have the problem to just believe in what their mind tell them to do, in the impulse of fast and easy money probably will commit that mistake and come to cry later!
I am a crypto fan and I believe that Africa have condiments to become heaven to BTC and other coins, but there's still a huge gab in knowledge and that literacy will save Africans to be ripped off their savings by this fraudent companies with their scam business!
My advise to all of my fellow Africans, ?no investment without a huge research first!
Time to learn more about Cryptocurrency, no just Bitcoin! Bitcoin isn't Cryptocurrency, is the the first decentralized asset but there are more than 4000 Crypto on the market, and this maximalism from Africans in BTC let many to get trapped by scammers impersonating to make huge money for them!
Do your own research (DYOR) before applying your savings, stay safe don't get your cash stolen by cyber criminals!
#remember to stay protected from COVID-19, stay Home.
**download BRAVE Browser protect your privacy.
***find also the article at Uptrennd platform from my authorship.
*free image from pixabay with no copyright infringement.
